Recruitment of various post in INDBANK MERCHANT BANKING SERVICE. Ltd

 

                                    INDBANK MERCHANT BANKING SERVICE. Ltd

 

# 480, 1st Floor, Khivraj Complex 1, Anna Salai, Nandanam, Chennai 600035

                                                                                                 Ph.no  044-24313094-97                                                                      Date:  24.07.2021                                                                                                                                                                                                                                        

 

 

Indbank  Merchant  Banking  Services  Limited (Indbank),  a subsidiary of  Indian  Bank, withheadquartersinChennai,  engaged in Stock Broking, Depository Participant Activities, Distribution of Mutual Fund and other Investment products, Merchant Banking, Advisory Services and  Retail Loan Counselors,  invites applicationsfrom  eligible candidates  for the post of   (a) Head- DP  Department (b)Head -Account opening Department(c) DP  Staff (d) Branch  Head- Retail  Loan Counselor and (e) Field  Staff  -  Retail  Loan Counselor  on contract basis.

 

Last   date  for  receipt  of  duly  filled in  application  with the  copy of  the enclosures 14.08.2021

 

1 . D e t a i l s o f  p o s i t i o n ( s )  / d i s c i p l i n e ( s ) :

 

S.No	Name of the Position(s) / Discipline(s)	Vacancies
1	Head – DP  Department	1
2	Head – Account opening Department	1
3	DP  Staff	3
4	Branch Head – Retail Loan counselor	5
5	Field Staff– Retail Loan counselor	17
6	Total	27

 

2.C o m p e n s a t i o n :

 

 

S.No	Name of the Position(s) / Discipline(s)	Compensation
1	Head – DP  Department	Rs.6.00-8.50 lakh p.a.
2	Head – Account opening Department	Rs 5.00-6.00 lakh p.a.
3	DP  Staff	Rs.3.00-4.00 lakh p.a.
4	Branch Head – Retail Loan counselor	Rs.5.00-6.00 lakh p.a.
5	Field Staff– Retail Loan counselor	Rs.1.50-2.00 lakh p.a.

 

Over  and  above,  performance   linked  incentive  will   also  be  paid  depending  on  the individual performance.

 

 

Description	Head   –    DP Department	Head             – Account Opening Dept.,	DP  Staff	Branch Head –Retail  Loan Counselor	Field Staff  – Retail Loan counselor
Minimum Qualification	Any Graduation with      NISM DP Certificate	Any Graduation with      NISM DP Certificate	Any Graduation with      NISM DP Certificate	Any Graduation	Any Graduation
Experience	Minimum  10 years experience in DP Operations preferably handled both NSDL         and CDSL DP’s	Minimum   7 Years experience in DP Operations  / Opening Demat     and Trading A/c	Minimum   5 years experience in DP Operations	Minimum  15 year            of experience in Banking      / NBFC  having sufficient knowledge  in Retail     Loan Products	Preferably minimum   1 year experience in   Sales, Retail and Loan Products       – Home Loan, Vehicle Loan, Credit Card etc.,
Age	Not exceeding 50 years	Not exceeding 40 years	Not exceeding 35 Years	Not exceeding 65 Years	Not exceeding 35 Years
Place           of Posting	Chennai	Chennai	Chennai	Chennai / Hyderabad / Kolkata /Lucknow / Ahmedabad	Chennai / Hyderabad / Kolkata /Lucknow / Ahmedabad
Major       Job Profile	Head DP Operations both NSDL, CDSL and relevant activates	Head Demat and Trading Account opening and relevant activates	All DP related work preferably checker level in both NSDL and CDSL	Heading Field staff, Marketing bank products like Home Loan, Credit Card, other retail products etc., and marketing merchant banking related products.	Marketing bank products like Home Loan, Credit Card, other retail products etc., and marketing merchant banking related products.
Mode of Selection Mode  of   selection  is  based  on  the  Interview. A  Screening  Committee  will   screen  the applications received  for the  post  for identifying  eligible candidates.  Interview and  final selection  will   be  carried  out  by the  committee  consisting  of  President  &  Whole  Time Director,  Director,  Nominee  Director  appointed  by  Indian  Bank and  an  Independent Director of the company.

 

Note:

a.  All Educational Qualification prescribed shall be from the University/ Institution/ Board recognized by Govt. of India/ approved by Govt. Regulatory Bodies.

b.  Experience relevant t o  t h e  post will  only be counted for reckoning  the attribute of experience.

 

4 . M o d e o f  S e l e c t i o n 

Mode  of  selection  is  based  on  the  Interview. A  Screening  Committee  will   screen  the applications received  for the  post  for identifying  eligible candidates.  Interview and  final selection will  be carried out by the committee of the company.

 

5 . H o w  t o A p p l y 

Candidates  having  above  qualifications  may  download the  application  form  from  our website www.indbankonline.com and send duly filled in applications with the copy of  the enclosures through courier / Registered Post to the above mentioned address, addressed to Head  Administration.   Candidate  can  also  send  the  scanned  copy of   the  duly  filled application with the enclosures to  recruitment@indbankonline.com.

 

 

 

6 . G e n e r a l I n s t r u c t i o n s

 

 

a.  Before applying  for the post, candidate should verify and  satisfy  himself/herself that he/she  fulfills the eligibility and other norms mentioned in this advertisement. Company would be free  to reject any application at any stage of  the recruitment process,  if  the  candidate  is  found  ineligible  for  the  post  for  which  he/she  has applied. The decision of the Company shall be final in deciding about qualifications, experience and other eligibility norms.

b.  In case it is detected at any stage of  recruitment that a candidate does not fulfill

any of  the eligibility norms and/or  that he/she  has furnished  any incorrect/false information/certificate/documents or has suppressed any material fact(s), his/her candidature will  be cancelled. If  any of  these shortcomings is/are  detected even after appointment, his/her contract is liable to be terminated.

c.  The Company reserves  the right to alter,  modify or change  the eligibility criteria  and

/ or any other terms and conditions spelt out in this advertisement.

d.  Only those candidates who have met with the eligibility criteria  for appearing in the Personal  Interview will  be intimated  by email to the email address,  furnished  by them.

e.  The admission to personal interviews will  be purely provisional without verification of age, qualification etc. of the candidates with reference to documents.

f.   Candidates  will   have  to  produce  original  relevant  certificates   like  educational

qualifications,  experience, age, etc. at the time of  interview, in support  of  his /her eligibility, as per the details furnished  in the application, failing which  his  / her candidature will  be cancelled.

g.  Decision  of  the Company in all matters  regarding eligibility of  the candidate, the

stages at which such scrutiny of eligibility is to be undertaken, the documents to be produced for the purpose of the interview, selection and any other matter relating to

recruitment  will   be  final   and  binding on  the  candidate.  No   correspondence  or

personal enquiries shall be entertained by the Company in this regard.

h.  Any resultant dispute arising out of  this advertisement shall be subject to the sole jurisdiction of the Courts situated in Chennai.

i.   In  case,  any  dispute  arises  on  account  of   interpretation  inversion other  than

English, English version will  prevail.

j.   Company does not assume  any responsibility for the candidates not being able to submit their applications within the last date on account of loss in transit or for any other reason beyond the control of the Company. 

 

 

Chennai                                                                                                  Head Administration