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Bank of Baroda Recruitment 2024 Check Post, Age Limit, Qualification, Salary And Other Important Details

Bank of Baroda Recruitment 2024: Bank of Baroda has recently released a Recruitment Notification for FLC Counsellors Vacancies on 31 August 2024. Offline Applications are invited through Bank of Baroda Website bankofbaroda.in. The application process for Bank of Baroda Recruitment 2024 started on 31 August 2024, and the deadline to apply ending on September 14, 2024

by Sangeetha

Updated Sep 05, 2024

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Bank of Baroda Recruitment 2024 Check Post, Age Limit, Qualification, Salary And Other Important Details

Bank of Baroda Recruitment 2024 Notification Out FLC Counsellors Vacancies ,Check Eligibility at bankofbaroda.in

Bank of Baroda has released a recruitment notification for the position of Financial Literacy Counsellor (FLC) at the Modasa/Arvalli location. Eligible candidates should be graduates, preferably with a postgraduate degree in fields like Agriculture, Sociology, or Social Work, and possess relevant experience in banking or related sectors.

The role focuses on providing financial counselling, conducting literacy camps, and guiding individuals on debt management, all while maintaining independence from the bank’s promotional activities. Applicants must be under 64 years old, with a maximum consolidated monthly pay of Rs. 23,000.

The position is offered on a one-year contractual basis, renewable based on performance. The counsellor will be responsible for organizing financial literacy activities in rural areas, raising awareness about government schemes, and maintaining detailed records of their outreach efforts. Interested candidates must submit their applications by September 14, 2024, with all required documentation, in hard copy only, to the designated address.

Company Name

Bank of Baroda

Post Name

FLC Counsellors

No of Post

01 Post

Age Limit

64 years

Location

Modasa/Arvalli

Last Date

September 14, 2024

Official Website

bankofbaroda.in

Qualifications Details for Bank of Baroda Recruitment 2024

  • A graduate degree from recognized University. Preference will be given to having post graduate degree in the area of Agriculture, Veterinary Science, Sociology, Psychology and Social work.
  • Should be well conversant with the local language.
  • Should possess flair for teaching and computer knowledge.
  • Candidates for the post of FLCC counsellor may be selected from open market.
  • Counselors should have sound knowledge of banking, insurance, investment, pension, law, finance, requisite communication and team building skills etc.
  • Shall be an ex-banker with minimum 5 years of experience in any Nationalized Bank/ RRB/ Pvt. Bank. OR Persons having minimum 5 years of experience in banking/ with related fields, NBFCs / FIs. OR Business correspondent / BC- Coordinator with minimum 5 years of experience OR Ex RSETI Director/Faculty with minimum 5 years of Experience.
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Age Limit for Bank of Baroda Recruitment 2024

  • Maximum age at the time of appointment on contract should not be more than 64 years subject to good health.
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Pay Scale for Bank of Baroda Recruitment 2024

  • A consolidated remuneration per month will Rs. 18,000/- plus maximum Rs.5000/- towards conveyance expenses on reimbursement basis (Total Rs. 23,000).
  • The reimbursement of conveyance will expenses be of subject to number of meetings/camps conducted per month Rs. 3000/- if less than10 camps conducted per month and Rs. 5000/- if more than - 10- camps per month. To be eligible for HA the camp conducted should be at least away from the FLCC centre and no vehicular facility has been availed from LDM/RO.
  • The entire district will be jurisdiction of the FLCC for conducting the camps / meetings and LDM/ RO / Base Branch can disallow any claim of HA with justifications.
  • FLC Counsellor has to submit monthly visit diary of Financial Literacy Camps to the RSETI Director/Lead Bank Manager (LDM)/ Br Head of base Branch Subsequently, LDM/ Base Br Head should submit monthly report to Zonal Manager every month (with a copy to RO) before payment of monthly remuneration Zonal office will release amount of monthly remuneration on verification of monthly visit diary of FLCCs For a service period of less than one month, the payment will be made on pro-rata basis.
  • Halting allowance for FLCC counsellor will be Rs 200/-(if more than -8-hours without night stay) and Rs 500/- (if night stay).it will be in addition to HA as to be paid.

Terms of Appointment for Bank of Baroda Recruitment 2024

  • Appointment of the counsellors will be for period on contract basis and shall not exceed one year and Renewal of the contract may be extended by RO based on approval from ZO based on satisfactory performance, subject to annual review.
  • The Contractual engagement is purely on temporary basis. This will not vest any right to claim for regular appointment or for continued contractual appointment.
  • For renewal of contract, LDM or RSETI Director(as decided by RO) / Br Head of base Branch to recommend the renewal/non-renewal of contract of the counsellor to Region, Region further to send its recommendation to Zone. (In case there is no LEAD bank/RSETI center, base branch will submit its recommendation to Region) and Zone may take the final decision on the same. Zone to inform the renewal/ nonrenewal of the contract of counsellor to corporate office.

Roles & Responsibilities for Bank of Baroda Recruitment 2024

  • Carry on day to day activities of FLCs as per guidelines of RBI To maintain arm’s length relationship with the Author Banks
  • Not to give impression that the counselling centers are part of the bank.
  • Not to promote the products of the Bank.
  • Not to given an impression to the general public/banks constituents that the counselling centers are recovery or marketing agents of the bank.
  • To provide counselling services except to wilful defaulters.
  • Impact financial literacy in the form of simple messages like why to save, why save with banks, why borrow from Banks, etc.
  • To provide counselling and debt management services free of cost to the customers so as put no additional burden on them.
  • To provide financial literacy activities to the trainees of rural development and self-employed training institute towards skill development capacity building for increased earnings/debt repaying ability of the distressed borrower families.
  • Not to involve themselves in recovering and distributing money.
  • To assist and guide distressed individual borrowers.
  • To ensure that miss selling of financial products and services does not take place.
  • To conduct Financial literacy Camps on Digital banking with latest digital banking products
  • To maintain record in the form of register containing details such as name, gender, age, profession, contact details, whether banked or unbanked details of services availed and whether linked with banking services.
  • To arrange gram sabhas / awareness camps in rural areas.
  • FLCC has to submit his, tentative quarterly visit schedule to LDM. (LDM has to put the report in DLCC meeting as agenda item of the meeting).
  • Imparting knowledge on various schemes of Govt. of India (like PMJDY, APY, PMSBY, PMJBY and other social security schemes, Digital Banking etc.) announced from time to time as per instructions of HO/ZO/LDMS.
  • Other responsibilities that may deem fit from time to time

Bank of Baroda FLC Counsellors Recruitment 2024 Last Date to Apply Offline at bankofbaroda.in

  • Last date of application received to our office is 14.09.2024
  • Duly Filled And Signed Application With Enclosure Of Education Qualification And Other Relevant Document Sent In Hard Copy Only Will Be Considered Valid.
  • Please Sent The Application On Below Mention Address With Title On Envelope Stating As “application For The Post Of Financial Literacy Counsellor On Contractual Basis”

Notification PDF for Bank of Baroda Recruitment 2024

The official notification for Bank of Baroda Recruitment 2024 has been released. You can access the detailed notification by clicking the provided link. It includes important information regarding eligibility criteria, job roles, and the application process.

Click For The Official Notification




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