Central Bank Of India jobs for Retired Officer in Mumbai. Last Date to apply: 28 Feb 2022
Retired Officer
Central Bank Of India
Expired
Posted: 17 Feb 22
Job Description
Central Bank of India (CBI) invites application for the position Retired Officer
Post Name: Retired Officers
No of Post: 535
(A) Regional Office Level: Total proposed number- 360
(B) Zonal Office Level: Total proposed number- 108
Central Office Level: Total proposed number- 67
The rules of reservation for SC/ST/ OBC candidates as per the Government of India Guidelines, issued from time to time, shall be applicable in the engagement of the retired officers.
Eligibilty:
a. The applicant can apply only for the designation in which he retired from the Bank.
b. The Officer should have retired with good track record and no major punishment/penalty should have been inflicted on the retired Officer during five years of his service in the Bank preceding his retirement and no minor punishment /penalty should have been inflicted on the retired officer during three years of his service in the Bank preceding his retirement.
c. The Officer must not have been named in the ODI List during five years of his service in the Bank preceding his retirement. Also, the retired officer should not have any crime record.
d. The retired officer should be of sound health.
e. The retired officer should not be more than 63 years of age at the time of engagement.
f. The retired officer should have sufficient experience and must possess the skills/aptitude/competency desired for the specific role.
Contract Period:
i. The term of engagement shall be for an initial period not exceeding one year.
ii. The contract may be extended based on review of the task and performance of the contractual retired officer, provided in no case shall it be extended beyond the age of 65 years.
iii. The agreement for engagement shall stand terminated on attaining the age of 65 years.
iv. During the period of contract of engagement with the Bank, the retired officer shall not take up any assignment with any other organization.
Termination Of Contract:
a. The engagement of Retired Officer in the Bank shall not be considered as a case of re-employment in the Bank.
b. The member shall not be eligible for any claim or any other Benefit/compensation under provisions of any Act/Rules applicable to regular Bank employees.
c. The Bank may cancel/terminate the contract of the engagement at any time without assigning any reason whatsoever with an option of 30 days’ notice period or payment/surrender of remuneration in lieu thereof.
d. The Retired Officer needs to give a 30 days notice in case of premature termination of contract of engagement.
The monthly remuneration shall remain unchanged for the term of the assignment and will be as under:
a Scale I Pay drawn at the time of Retirement – Basic Pension: Rs. 40,000/-
b Scale II Pay drawn at the time of Retirement – Basic Pension: Rs. 50,000/-
c Scale III Pay drawn at the time of Retirement – Basic Pension: Rs. 60,000-
d Scale IV Pay drawn at the time of Retirement – Basic Pension: Rs. 70,000/-
e Scale V Pay drawn at the time of Retirement – Basic Pension: Rs. 80,000/-
f Scale VI Pay drawn at the time of Retirement – Basic Pension: Rs. 90,000/-
g Scale VII Pay drawn at the time of Retirement – Basic Pension: Rs, 100,000/-
Age Limit: Officers who retired from Central Bank of Indias service on attaining superannuation at the age of 60 years.
Application Fees: Application fee of Rs.590 (Rs. 500/- plus GST @ 18%) will be payable by way of Demand Draft drawn on any Nationalised/Scheduled Bank drawn in favour of Central Bank of India and payable at Mumbai.
Job Particulars
Role hr admin
Education Any Graduate
Who can apply Experienced (3+ Years)
Hiring Process Face to Face Interview
Employment TypeFull Time
Job Id1422745
Job Category Govt Jobs , Bank , 1 to 3 Yr Exp , Recruitment
Locality Address
State Maharashtra
Country India
About Company
Established in 1911, Central Bank of India was the first Indian commercial bank which was wholly owned and managed by Indians. The establishment of the Bank was the ultimate realisation of the dream of Sir Sorabji Pochkhanawala, founder of the Bank. Sir Pherozesha Mehta was the first Chairman of a truly 'Swadeshi Bank'. In fact, such was the extent of pride felt by Sir Sorabji Pochkhanawala that he proclaimed Central Bank of India as the 'property of the nation and the country's asset'. He also added that 'Central Bank of India lives on people's faith and regards itself as the people's own bank'.
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