Header Ads

How to Get Direct Recruitment in Private Banks? Jobs Profile Details

Edit
Direct Recruitment In Private Banks

Direct Recruitment In Private Banks

Today there are various options available in banking sector for which candidates can apply. But matter is that no one knows the whole procedure of Direct Recruitment in Private Banks. Banking Sector, a field in which every youngster wants to build up his/her career. There are various Job Profiles in banks for which the young generation wishes to apply. And not only wishes but also applies as well. Sometime due to mismatch of information and communication the applying process fails.

Every job field has its own employment process. Same is about the Private Banks. Each bank hires candidates according to their norms of selection. In some areas Direct Recruitment In Private Banks process applies and in some indirect recruitment process adapted. Here in this article created by the team of privatejobshub.in we are talking about Direct Recruitment In Private Banks and that too in private banks. We are not only talking about Direct Recruitment In Private Banks but also the Job Profiles as well for which you can apply.

In past few years private banks have collected their feet in private Jobs Industry and today there is a great variety of Jobs in Private Banks. The bank hires not only professional but also the Fresher for positions like Clerks, Officers Etc. candidates belonging to any education field can apply for the Bank Jobs weather he/she is of commerce or Science Stream. With the help of this article you will get to know about Various Job Profiles In Private Banks along with their recruitment procedure.

Direct Recruitment In Private Banks

Let’s talk about the Procedure of Direct Recruitment In Private Banks first:

Recruitment Process Of Private Banks Is Of Two Types:
Merit Based Interview:

In merit based recruitment procedure the Direct Recruitment In Private Banks procedure starts with the examination. First of all the organization takes a written/online recruitment examination of participating aspirants. On the basis of participant’s performance at the time of interview the merit list released and then the interview procedure starts. Final selection is done on the basis of participant at the time of interview.

Direct Interview:

Another procedure to recruit is direct interview. In this process of Direct Recruitment In Private Banks contender visits the organization and then fill up the application form and then appears in the interview. If appearing contender performs well in the interview then he/she gets selected otherwise not.


Recruitment Process Of Private Sector Bank
Methods Of Hiring:
Direct Recruitment In Private Banks

Direct Method: 

All three are the part of Direct Recruitment In Private Banks, let’s take a look over each separately:

This is the first method of Direct Recruitment In Private Banks, under this the spokesperson of the bank visit various professional training centers and institutions. This visit is called the campus placement. The hiring session takes place usually in the placement cell of the said institution. On the basis of candidate’s stream i.e. technology/Commerce etc the selection takes place.

This method has another phase too. In this phase the employers visits contenders as their clients. In that conversation they examine the performance of candidate and the capability/talent level. In this method organization points those employees who did not get job in accordance to their qualification and are not satisfied with their working or the employer.

Indirect Method:

This is the second method adopted in Direct Recruitment In Private Banks. Under this method organization seeking talented contenders gives advertisements in newspapers / online / on radio / television etc. this method is basically adapted when the authorities are in need to hire contender with marvelous qualities. This method is also find to be useful when the position available can only be handled by the candidate of that specific field. The bank authorities hire those contenders and give them the positions according to their will.

Third party method:

Third party method includes a third person other than the employee and the employee. The bank authorities pay job consultancies/ voluntary organizations, trade unions etc to find talented contenders for them. Under this method of Direct Recruitment In Private Banks organizations send the registered candidates to the banks and then the selection committee conducts interview for the same.

Get Recruited Now For More: Private Bank Jobs

Selection Process Of Private Banks     

Now we all know about the methods adapted by the banks to hire personnel. Now let’s take a look towards the procedure adapted for Direct Recruitment In Private Banks. Mostly there are multiple stages of recruitment as:
Direct Recruitment In Private Banks
  • Application:  first of all willing aspirants visit the official web portal of banks and then fill up the online application forms
  • Short listing: on the basis of the applications send by them the bank authorities shortlists the candidates  
  • Personality Profiler: afterwards the back selection committee takes a profile test of the candidates and take a count over the appearing participant
  • Documentation:  afterwards candidates are asked to submit their documents to the organization for further verification
  • Interview: once all things get cleared the final interview procedure takes place
  • Offer:  on the basis of aspirant’s’ performance in the interview the committee selects him/her for positions available. And gives aspirants the offer letter to join
  •  Acceptance: if candidate accepts the offer of bank then he/she undergoes through the medical check up
  • Joining: After 
Hiring through Bankers Program

A new trend has been liberated now a days and that is the Banker’s Program. It is also one of the method of Direct Recruitment In Private Banks. Under this program bank releases a notification for aspiring candidates to take admission in the training programs for the positions of PO/SO etc. according to the provisions of this program first of all candidate have to apply for the banker’s program and then he/she have to go through a. interview procedure. 

On the basis of that Bank interview the bank decides that weather candidate is eligible for the training program or not. Afterwards candidates who qualify that round take admission in the program by paying the requisite amount as training fees. Bank also provides loan facilities to candidates for paying the training program fees. The usual time period of this program is 6 to 12 months. After the completion of the training bank takes an examination of candidates and selects them and provides them a 1 year PG Diploma also. The joining of candidate is also held in the same bank. As along with training, bank also provides a career path to candidates. This method is specifically meant for those candidates who want to get salvage from the bank recruitment examination.
Some Banking Organization Offers Career Counseling

There are many questions that come in mind while applying for any Private Banks Recruitment like Am I a suitable contender? , what will be the selection criteria and many other doubts. To provide candidates a helpful assistance

Be aware of Fake Job Offers

There are various companies’ offers fake Private Banks job opportunities. We strongly recommend candidates to beware of fake advertisements as via these fake notifications forged people are doing fraud and are making money. Always check the notification on official before filling up any sort of application fees.

After getting whole information regarding the hiring procedure of Private Banks, let’s take a look over the no of private banks available in the country.

List of Private Banks in India:

Old Private Sector Banks:

Earlier there were few private sector banks

Name
Year established
City Union Bank
1901
Karur Vysya Bank
1916
Catholic Syrian Bank
1920
Tamilnad Mercantile Bank
1921
Nainital Bank
1922
Karnataka Bank
1924
Lakshmi Vilas Bank
1926
Dhanlaxmi Bank
1927
South Indian Bank
1929
ING Vysya Bank Merged with kotak Mahindra bank
1930
Federal Bank
1931
Jammu and Kashmir Bank
1938
Bank of punjab merged with Centurion Bank to form Centurion Bank of Punjab in June 2005
1943
RBL Bank
1943
SBI Commercial and international Bank
1955
IDB Bank Ltd
1964

Apart from all these stated banks some new banks are also established with some tremendous Jobs for Graduates/ Post Graduation. Now let’s take a look over the new list of private banks in India:

Name of bank
Year
Axis Bank
1994
Bank of Punjab
1989
Centurion Bank Ltd.
1994
Development Credit Bank
1995
ICICI Bank
1996
IndusInd Bank
1994
Kotak Mahindra Bank
2003
Yes Bank
2005
Capital Local Area Bank Ltd.
2000
Global Trust Bank (India)
1994
HDFC Bank
1994
Bandhan Bank
2015
IDFC Bank
2015

After taking whole view over the Direct Recruitment In Private Banks and List of Private Banks in India, now let’s move towards the Job profiles of some prestigious private banks:

Private Bank Job Profiles

There are various Bank job profiles for which you can apply, here we have prided a list of job profiles in private banks, please take a look…

Job Profiles In Private Banks along with Their salaries:

Name of Post
Pay Band
Assistant Branch Manager
Rs 2.5 lakh – Rs 5.5 lakh
Branch Manager
Rs 3.5 lakh – Rs 12 lakh
Credit Analyst
Rs 2.5 lakh – Rs 13 lakh
Client Relationship Manager
Rs 2 lakh – Rs 9 lakh
Customer Service Manager
Rs 2 lakh – Rs 9 lakh
Bank Manager
Rs 3.5 lakh – Rs 15 lakh
Sales Executive
Rs 1 lakh – Rs 4 lakh
Relationship Manager
Rs 4 lakh – Rs 14 lakh
Personal Banker
Rs 2 lakh – Rs 5 lakh
Assistant Branch Manager
Rs 3 lakh – Rs 8 lakh
Branch Manager
Rs 24 lakh – Rs 27 lakh
Assistant Branch Manager
Rs 3 lakh – Rs 5 lakh
Project Advisory
Rs 10 lakh – Rs 12 lakh
Assistant Vice President
Rs 24 lakh – Rs 26.5 lakh
Management Trainee
Rs 2.5 lakh – Rs 3.5 lakh

Conclusion:

We hope after going through the whole information given it will become easier for you all to apply for Private banks. Still if you guys have any sort of query regarding Direct Recruitment In Private Banks or if you want to share your views with us then you can comment in below given comment box.

Preparation Links

No comments

Don't Add Comment with Spam Purpose

Powered by Blogger.