One of the oldest public sector bank Dena Bank announced the notification for the post of Probationary Officer in Junior Management Grade Scale-I through Post Graduate Diploma in Banking & Finance (PGDBF) course. Here we are bringing the complete details about the course.
About PGDBF Programme:
Selected candidates will attend one year intensive training programme under Post Graduate Diploma in Banking & Finance (PGDBF) at Amity University. The course in Banking and Finance will be conducted at the Amity University, NOIDA campus. On successful completion of the course and on-the-job training of three months in Dena Bank Branch, candidates will be eligible for a full-fledged Banking career with Dena Bank.
Minimum Qualification (As on 01/04/2017): Graduation with minimum 60% (55% for SC/ST/PWD) marks in any discipline from a recognized University.
Selection Process: Candidates shall be selected for the course through an open online exam (Objective+ Subjective) followed by Group Discussions and Interviews.
Pattern of Examination:
| Type | Name of the test | No. of questions | Max. marks | Duration |
| Objective test | Reasoning | 50 | 50 | 2 hours |
| Quantitative Aptitude | 50 | 50 | ||
| General Awareness (related to Banking Industry) | 50 | 50 | ||
| English Language | 50 | 50 | ||
| Descriptive test | English Language | 02 | 50 | 30 minutes |
| Group discussion | NA | 20 | ||
| Personal Interview | NA | 80 | ||
| Total | 350 |
Minimum qualifying marks in group discussion and interview is 40 % (35% in case of SC/ST/OBC and Physically Handicapped candidates. Candidates are required to obtain a minimum score in each test and also a minimum total score in the online test to be shortlisted for Group Discussion & interview.
Descriptive Test: There will be descriptive paper for test of writing skill in English which has to be completed in online mode only. The descriptive paper of only such candidates will be assessed who secure a minimum qualifying mark in the objective test. Wrong answers in objective test will attract negative marks (1/4th of marks assigned to that question) for the online test.
Group Discussion and Personal Interview: Successful candidates in written examintation will be called for Group Discussion and Interview. The qualifying marks in Group Discussion & Interview will be as decided by the Bank. The final merit list for selection will be on the basis of performance in Online Test (objective + descriptive), Group Discussion (GD) and Interview.
Bond of Minimum Service Period: The Officers recruited will have to execute a non-transferrable bond of Rs. 2.00 Lakhs (Rs. Two Lakhs only) for a period of 4 years which will be effective from the date of joining the course. The candidates will have to work for Dena Bank on recruitment as Probationary Officer for a period of at least 3 years on completion of the programme. The candidate leaving the job during the period of service bond will be liable to pay the service bond amount.
Stipend: The learner / candidate will be paid a stipend amount of Rs. 2,500/- every month for the entire duration of the programme in order to meet their out of pocket expenses and their living expenses. Further, during the internship of three months, additional stipend of Rs. 7,500/- will be paid.
Programme Fees: The fees for this Course will be Rs. 3.00 lakhs (all inclusive of boarding, Lodging and course fees, other fees, etc.) plus service taxes, as applicable to be paid by the student.
Financing / Loan Options: Students can pay the course fees by availing Education Loan from Dena Bank at a highly concessional rate of interest as per Education Loan Scheme of the Dena Bank. Students can, therefore obtain a high quality specialized course in Banking and Finance without any monetary burden on them and fully financed by the Bank. The EMIs for the loan would start on completion of the course duration (i.e. one year from admission). There would be no recovery of EMIs or interest during the training period and the interest accrued during this period would be recovered along with the normal EMIs. The EMIs are spread over a period of 84 months (7 years) to ensure that there is minimal impact in the monthly earnings of the PO. The fees will be payable in three equal installments at the start of every trimester.
Reimbursement: The reimbursement of the fees will be made to the candidates after 5 years’ satisfactory service in the Bank.
With easy EMIs, stipends and reimbursement, this is a lucrative chance for the banking aspirants. Isn't it?
All the Best!
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