Punjab and Sind Bank invites applications from eligible experienced candidates for recruitment to the posts of Manager- Risk, AGM– Risk Management, AGM– Insurance, Chief Manager– Risk Management, and Manager– Risk Management Positions. Candidates will be selected on the basis of Group Discussion and/or Interview. Selected candidate shall be on probation for a period of one year.
Manager– Risk Management: 25 vacancies
AGM– Risk Management: 01 vacancy
AGM– Insurance: 01 vacancy
Chief Manager– Risk Management: 01 vacancy
Last Date of Receipt of Application: 28-March-2016
Age Limit:
Minimum 25 years and Maximum 35 years for Manager– Risk Management Posts as on 31-January-2016.
Minimum 30 years and Maximum 40 years for all other posts as on 31-January-2016.
However relaxation in upper age limit applicable for reservec category candidates as per government rules.
Pay Scale:
Manager- Risk Management (MMGS II)- Scale of Pay is Rs. 31705-1145/1-32850-1310/10-45950/-
Chief Manager– Risk Management (SMGS IV)- Scale of Pay is Rs. 50030-1460/4-55870-1650/2-59170/-
AGM– Risk Management/ AGM– Insurance (SMGS V)- Scale of Pay is Rs. 59170 -1650/2 – 62470 – 1800/2 – 66070/-
Application Fee:
Rs. 500/- for general category candidates
Rs. 50/- for OBC/ SC/ ST category candidates
Candidates are suggested to pay the application fee in form of Demand Draft/ Pay Order/ Banker’s Cheque drawn on any Nationalised/ Scheduled Bank drawn in favour of
For Manager-Risk Management- “Punjab & Sind Bank, Manager-Risk Recruitment Project 2015-16” payable at New Delhi
For AGM-Risk- “Punjab & Sind Bank, AGM-Risk Recruitment Project 2015-16” payable at New Delhi
For AGM Insurance- “Punjab & Sind Bank, AGM-Insurance Recruitment Project 2015-16” payable at New Delhi
For Chief Manager-Risk Management- “Punjab & Sind Bank, Chief Manager-Risk Recruitment Project 2015-16” payable at New Delhi
candidates are advised to write their name & address on the reverse of the Demand Draft/ Pay Order/ Banker’s Cheque.
How to Apply: Interested candidates are suggested to send duly completed application form in prescribed format along with Demand Draft/ Pay Order/ Banker’s Cheque, self attested photocopies of documents/ certificates as per suggested in official advertisement through speed post only to General Manager– HRD, Punjab & Sind Bank, Bank House, 6th Floor, 21- Rajendra Place, New Delhi- 110008
The envelope containing the application form must be superscribed as
“Application for the post of Manager-Risk in Scale II”
“Application for the post of AGM-Risk in Scale V”
“Application for the post of AGM-Insurance in Scale V”
“Application for the post of CM-Risk in Scale IV”
Candidates are advised to ensure that they fulfill the stipulated eligibility criteria, before applying. For complete detail on this recruitment and prescribed application format, please go through official recruitment notification from Punjab and Sind Bank, here, www.psbindia.com/RiskSpecialistsAGM-Insurance.pdf