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Annexure
I Applications
are invited for post of Junior Officers on contract basis
in Canbank Factors Ltd. |
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Sl no |
Parameter |
Description |
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1. |
Application |
Candidates can download the application form from Company Website WWW.CANBANKFACTORS.COM. Application form to be Properly filled up duly filling up all
the columns and duly signed by
the
candidates himself/ herself along with applicable Demand Draft
(refer point no 3 below) towards fee to be submitted in the following address
: The Executive Vice President Canbank Factors Ltd No 67/1, Kanakapura Main Road (Near Lalbagh West Gate)
Basavanagudi BENGALURU - 560 004 |
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2. |
Vacancy |
Vacancy: 5 posts The number of posts provided is provisional and may vary accordingly to actual requirement
of the Company subject to availability of suitable
candidate. The
decision of
Management will be
final in calling for
interview/
Selection/ Posting
of Candidates. Out of
the present
selection, Company at its sole discretion may maintain a waiting list
from the present recruitment till 31.03.2022 for any future exigencies. |
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3. |
Fee |
DD Rs 250/- DD is to be drawn favoring "Canbank Factors Ltd" drawn on Bengaluru. |
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4. |
Last Date of
receipt of application |
Duly filled in applications should reach our Registered Office, Bengaluru
at the above
mentioned
address, on or before 31.07.2021 by 5.30 P M, duly super scribing "Application for the post of Junior Officer on
contract basis” on the envelope /
cover and application
received after the above date/time will
not be accepted/entertained. |
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5. |
Interview |
The application
for Junior Officers on contract basis will be shortlisted based on Qualification, experience and suitability and shortlisted candidates will only be called for interview by call letter and / or e-mail. Interview will be held at our Registered Office, Bengaluru. Interview
letter/ Mail will
be sent only for the short listed candidates. |
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6. |
Contract period |
The contract period shall be for one year only and may be renewed for
another year at the sole discretion of
the Company. In case if the Company requires the services of the selected candidate for further period, the contract may be renewed for further period upto 2 more years with renewals after each year. Either party may terminate the contract by giving one months’
notice in |
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writing/ remitting one month’s compensation amount. The Company reserves the right to terminate the services
of
the contracted appointee
who fail to show satisfactory performance or even without any reasons by giving one month’s notice at any time during the contract
period. |
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7. |
Salary & emoluments |
The remuneration payable to
the contracted employees will
be on
consolidated basis. The remuneration will be the Starting Basic of the Junior Officers of
regular
employees
(Presently Rs
19200/-)
with applicable DA at the time of appointment.
Further the consolidated
amount shall remain the same throughout the contract period. If the contract is being renewed, the increase/ enhancement in consolidated pay will be increased by the
increment portion of the regular employees
of the cadre with applicable DA at the time of renewal. The contracted employees shall not be eligible for Company
provided
accommodation.
They will not be eligible for any other allowances/ benefits as applicable to regular Company employees (Direct recruited
employees). PF & Gratuity applicable as per law for contract employees. Statutory deductions like Income tax, professional tax, TDS etc. if any
shall be deducted as per the provisions of the respective Acts. |
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8. |
Other Conditions |
I. This recruitment is being made in M/s Canbank Factors Ltd, a Company registered
under
Companies Act,
1956 and
the appointee shall have
no
lien or claim with Canara
Bank or any of its other Subsidiaries / Holding companies whatsoever. II. The Interview center shall be BENGALURU. The candidate shall attend the interview at his/her own cost. III. The job is transferable anywhere in India to any of our
branches. The selected
candidates will
be posted
anywhere in
India, depending on the requirement of the Company. IV. The Company
(CBFL) reserves the right to call for interview only the requisite number of candidates based on the screening of
applications V. Incomplete applications received, applications received after the due date will
be summarily rejected and the fee will
be forfeited. VI. Applications once made will not be allowed to be withdrawn and fee once paid will not be refunded under any circumstances. VII. Candidates should not furnish any particulars that are false/tampered/fabricated. Suppression
of any material information while submitting the application or impersonating or misbehaving or resorting to improper means during the interview
shall be liable to criminal prosecution besides disqualification from the selection process. VIII. Decision
of CBFL
in all
matters
regarding eligibility of
the candidate, screening of the
application, calling for interview, documents to be produced for conduct of interview, selection and any other matter relating to recruitment will be final and binding on the candidate. IX. CBFL reserves the right to stall, cancel the
recruitment
partially /
fully at any stage at its discretion without assigning any reason
and this decision shall be binding on the candidate. No correspondence or personal
enquiries shall be entertained by the company. X. The candidates called for interview shall submit all the original
documents
pertaining
to
age,
qualification,
experience, Computer Proficiency etc., at
the time of interview for verification. Any candidate found ineligible at this stage shall not be allowed to participate in the interview. |
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XI. Appointment
of selected candidate is subject to his / her being declared medically
fit
and certificate
in
original
shall be submitted from
medical authority as prescribed by the company. XII. Either party may terminate the contract by giving one month’s
notice in
writing during
the contract
period.
The Company reserves the right to terminate the services of the
contract appointee who fail to show satisfactory
performance or even
without
any reasons by giving one month’s
notice at any time
during the period of
contract. XIII. Candidates should write his/her name on the reverse of the Demand Draft
sent along with the application. XIV. The Company (CBFL) will not be responsible for any loss of application in transit or for non-receipt of application at our end or any
postal/
delivery
delay. Applications
received after 31.07.2021
(5.30 PM) will not be accepted even if the delay is due to reasons beyond control of the candidates. XV. The Company reserves its right to change the date/ schedule of interview center/
No. of candidates to be selected after interview
at its sole discretion. However, changes if any will be published
in
our website. XVI. At
the time of interview if called, the Candidates shall produce
No Objection Certificate
from the current employer
if
the candidate
is working.
Upon
selection,
the candidate should submit "Relieving
Letter" from his/her previous
employer at the
time of joining our company. XVII. Canvassing in any form will be treated as disqualification. XVIII. The
Company
will not be
responsible
for applications
being rejected/ not shortlisted for interview. XIX.
A
Committee will shortlist the
candidates
@
1:10
(i.e. 10 candidates for one vacancy) for interview based upon candidates performance
in their
academic career,
qualification, his/her ability to speak/ read/ write local language, nearness of his/ her
domicile to branch, experience in the previous assignment,
computer knowledge and knowledge of MS
Office. XX. The names of 50 candidates shortlisted
for the interview for 5
vacancies will be published in our website along with the details
of venue/date/time of interview. All candidates are advised to
refer our website for all types of communication/ information on interview/ appointment
etc.) Candidates
who are not shortlisted for interview will
not be intimated separately. XXI. Candidates are advised to refer our
Website (www.canbankfactors.com) in
respect
to Date/
Venue of Interview/ any other communications/ information. XXII. Any dispute arising out of this advertisement/ recruitment shall
be
subject to the sole jurisdiction of the
Courts situated in Bengaluru. XXIII. Payment
of application
fee/intimation charges by
any other
mode/means will not be accepted. Apart from application, photo and Demand Draft,
the candidate should not send any other documents like
resume, conduct certificate,
xerox copies
of marks list/certificate,
earlier appointment letters etc. The
application
along with DD shall be sent through Ordinary
Post/
Courier. Online application/ application through e mail will not be entertained and will
be rejected. |
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Eligibility Criteria (Qualification, Age, Experience etc) as on 31.03.2021.
Junior Officer :
Qualification He/ She should be a graduate with minimum 55% of marks in any discipline
from a recognized University/ institution with computer knowledge.
Age as on
31.03.2021
Between 21 & 30
years of age.
Executive
Vice President
Canbank Factors Ltd
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