Canara Bank Recruitment of Investment Officers on Contract

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Applications are invited from Indian Citizens for appointment to the post of Investment Officers on Contract in Canara Bank.

Vacancies :-

Name of the Post	No. of Posts					Of Which PWD
Name of the Post	SC	ST	OBC	UR	Total	VC	HI	OC	Total
Investment Officers on Contract	106	53	191	350	700	12	11	07	30

State / Union Territory-wise requirement of Investment Officers on Contract is as mentioned below;

Code	State / Union Territory	No. of Posts	Code	State / Union Territory	No. of Posts	Code	State / Union Territory	No. of Posts	Code	State / Union Territory	No. of Posts
11	Andhra Pradesh	47	17	Goa	09	23	Kerala	54	29	Tamil Nadu	110
12	Assam	10	18	Gujarat	18	24	Madhya Pradesh	09	30	Uttar Pradesh	46
13	Bihar	04	19	Haryana	13	25	Maharashtra	81	31	Uttaranchal	05
14	Chandigarh	06	20	Himachal Pradesh	02	26	Orissa	05	32	West Bengal	22
15	Chhattisgarh	06	21	Jharkhand	08	27	Punjab	35
16	Delhi	66	22	Karnataka	140	28	Rajasthan	04

Age Limit : 21 – 30 Years.

Note: The reservations for the post of Investment Officers on Contract shall be extended on All India basis, as per Government guidelines.

The recruitment shall be on State-wise / Union territory-wise basis. Candidates can apply for ONE STATE / UNION TERRITORY ONLY and have to appear for the test, from a centre allotted for that particular State / Union Territory. On selection, candidates will be placed anywhere in that state / union territory depending up on Bank’s need.

Eligibility Criteria :
Qualification:
A Graduate in any discipline, preferably with MBA, and having flair for marketing the Insurance, Mutual Fund and other products of the Bank. All the qualifications mentioned should be from a recognized University / Institution.
Knowledge (Read / Write / Speak) of the local language of the State / Union Territory for which he / she is applying, is essential.
Candidates must necessarily be qualified by passing the IRDA Licence Examination after their provisional selection, at their own cost. Provisionally selected candidates shall be allowed to join the bank only if they acquire the IRDA Licence within the period stipulated by the Bank.
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Candidate should possess the following;

Passion for Marketing
Work independently and also with team
Computer literacy
Good communication skills

Preference will be given to those candidates who have prior experience in marketing / insurance business.

Computer Literacy :

Operating computer systems in MS-DOS, MS Windows, Basic concepts of Networking & Connectivity, MS Office [Word, Excel, PowerPoint, e-mail etc.] shall be an essential qualification, which a candidate must either possess or acquire within 6 months from the date of joining the Bank.

Hindi Knowledge : The candidates shall acquire working knowledge of Hindi, if not possessed already, within 6 months from the date of joining the Bank.

Job Profile:

Marketing the Insurance, Mutual Fund and other products of the Bank. Responsible for end-to-end sales. Any other work assigned by the Bank from time to time.

Period of Contract:
Three [3] years with an option to extend for two years at the discretion of the Bank.

Fixed Pay:
Rs.15000/- per month subject to achievement of minimum threshold premium of Rs.1 lakh per month i.e., Rs.12 lakhs per annum.

The selection for the post of Investment Officers on Contract shall be by way of Written Test + Interview.

Application Fee :

Rs.300/- (Rs.50/- for SC/ST/PWD) to be deposited in any Canara Bank branch through Payment Voucher or By Online by Net Banking. Keep the receipt as this is to be shown at the time of Written Test.

How to Apply :

Apply online from Canara Bank Website between 22/06/2010 and 10/07/2010. After applying on-line, the registered candidates should obtain a system generated Print-out of the application. System Generated Print-out of the Application complete in all respects should be required to be shown at the time of Written Test.

Important Dates :-

Opening Date for on-line registration in Website	22/06/2010
Closing Date for on-line registration in Website	10/07/2010
Tentative Date of Written Test	05/09/2010