Bank of Baroda Recruitment 2024 - Latest FLC Counsellors Vacancies on 28.08.2024

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

Bank of Baroda is seeking candidates for the position of Financial Literacy Counsellor (FLC) on a contractual basis. The role is based in Nagamangala Taluk, with one position available. Applicants should be graduates, preferably with a post-graduate degree in relevant fields such as Agriculture, Veterinary Science, Sociology, Psychology, or Social Work. Candidates must be proficient in the local language, have a flair for teaching and computer skills, and possess extensive knowledge of banking and finance. Eligibility includes having at least five years of experience in banking or related fields, or serving as an ex-banker or business correspondent.

The maximum age limit for applicants is 64 years. The monthly pay scale is Rs. 18,000, with up to Rs. 5,000 additional reimbursement for conveyance, depending on the number of camps conducted. The contract is initially for one year and may be extended based on performance. Candidates must submit a monthly visit diary of financial literacy camps and are responsible for maintaining proper documentation for remuneration and reporting purposes.

Applications must be received by September 5, 2024. Interested candidates should send their applications to the specified address, marked with "Application For The Post Of Financial Literacy Counsellor On Contractual Basis." The appointment is purely on a temporary basis with no claim to regular employment. The contract may be terminated with one month's notice by either party, and renewal is subject to the bank's discretion.

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.
• Persons having minimum 5 years of experience in banking/ with related fields, NBFCs/Fls.
• Business correspondent / BC- Coordinator with minimum 5 years of experience.
• 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.

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 than 10 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.
• Statutory tax deductions to be done as applicable by the paying authority.

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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 appointment. or for continued contractual.
• 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/ non-renewal of the contract of counsellor to corporate office.
• The contract may be terminated with notice of one Month from either side.
• Renewal of contract may be possible at Bank's sole Discretion in terms of extant policies and rules.

Roles and 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.

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

• Last date of application received to our office is 05-09-2024.
• 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

Notification PDF for Bank of Baroda Recruitment 2024 is available. To access the official notification, click on the provided link. Additionally, the application link for Bank of Baroda Recruitment 2024 is also provided

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