Repco Bank a Government of India Enterprise invites applications for the following posts.

The salary structure of employees of the bank is at par with IBA norms.

1.Name of the Post / Grade / Nature of Engagement / Vacancy / Age / Selection process:

S. Post Grade Nature of Vacancy Age As on Selection

No. Engagement 31.05.2021 process
1 Manager Scale - Regular 1 Maximum 40 Shortlisting and
(Chartered II years interview
Accountant)
2. Manager Scale - Regular 2 Maximum 40 Shortlisting and
(Legal) II years Interview
3 Assistant Scale - Regular 2 Maximum 30 Written exam
Manager I years and interview
(legal)
4. Assistant Scale - Regular 2 Maximum 30 Written exam
Manager I years and interview
IT
(Hardware)
5. Assistant Scale - Regular 3 Maximum 30 Written exam
Manager IT I years and interview
(Software)

Note: i) Bank reserves the right to cancel the recruitment process entirely at any stage.

ii) Only Indian Nationals are Eligible to apply

iii) Maximum age indicated is for unreserved and EWS category. Relaxation in upper
age limit will be available to reserved category candidates as follows:

Category Age relaxation

SC/ST/Repatriate 5 years
OBC 3 years
Ex-servicemen 5 years
Candidates who are already working in a Age relaxation equal to their duration of
commercial bank/cooperative bank/financial service maximum upto five years.
institutions

Reservation norms are applicable as per Govt. Policy.

2. Details of Educational Qualification and Experience:

S. Post Educational Experience (as on 31.05.2021)

No. Qualifications (as
on 31.05.2021)
1 Manager Graduation from a Candidate should have minimum of 2 years
(Chartered recognized work experience in reputed organization after
Accountant) University and must completion of Chartered Accountancy.
be a „Associate of Previous experience in Accounts, Statutory
the Institute of audit, Internal audit, Process audit& Tax audit,
Chartered TDS, GST, etc...Preferably in financial sector.
Accountants‟

2 Manager A Graduate in Law Candidates should Possess Minimum five years

(Legal) from a recognized of Institutional or bar experience. Preference
university and a will be given to candidates who have
member of Bar experience in Legal department as officer in
council of concerned any Commercial Bank/Co-operative
state. Preference will Bank/Financial Institution.
be given to
candidates who have Job profile: Legal appraisal of Immovable
done PG in Law. properties, matters pertaining to Debt recovery
laws/ Labour and service
regulation/CERSAI/Information technology
laws/Company laws / Right to information
act/arbitration and conciliation act etc. and any
other work entrusted by the bank from time to
time.

3 Assistant A Graduate in Law Candidate should Possess Three years

Manager from a recognized experience of practice at BAR (or) Two years
(Legal) university and a experience of practice at BAR and one year
member of Bar experience of working in legal department of
council of concerned any Commercial Bank/Co-operative Bank or
state. Preference will financial institutions.
be given to
candidates who have Job profile: Legal appraisal of Immovable
done PG in Law. properties, matters pertaining to Debt recovery
laws/ Labour and service
regulation/CERSAI/Information technology
laws/Company laws / Right to information
act/arbitration and conciliation act etc. and any
other work entrusted by the bank from time to
time.

4. Assistant B.E / B.TECH with Minimum of 2 Years Work Experience in

Manager IT minimum of 60% below areas preferably in banking and financial
(Hardware) marks from a sectors.
recognized
 university.
Certification in Preference will be given to those who have
Server and Network experience in any of the following areas:
administration will
be an added - Windows / Linux Administration
advantage. - Network Administration
- Cloud Computing
- IT Security / IS Audit
- E-Mail Management
- Virtualization technology.

5 Assistant B.E / B.TECH / Minimum of 2 years as Software Developer /

Manager IT M.C.A with Database Administrator
(Software) minimum of 60%
marks from a Preference will be given to those who have
recognized experience in any of the following areas:
university.
- Experience on ASP.NET 4.0, ASP.NET
MVC,
- Web service integration (SOAP, REST,
JSON, XML),
- Knowledge and experience on report
developments using reporting tools.
- RDBMS (MS SQL Server 2012+/
ORACLE).

Note : Degree obtained from Open University without following the regular stream
(10, +2) is Not recognized for recruitment.

3. Remuneration:

S.No. Post Grade Pay scale

1. Manager (Chartered Scale –II 48170 – 1740/1 – 49910 – 1990/10 – 69810
Accountant)
2. Manager (Legal) Scale – II 48170 – 1740/1 – 49910 – 1990/10 – 69810
3. Assistant Manager ( Scale – I Rs.36000 – 1490/7- 46430 - 1740/2 -
Legal ) 49910 - 1990/7 - 63840
4. Assistant Manager Scale – I Rs.36000 – 1490/7- 46430 - 1740/2 -
IT ( Hardware) 49910 - 1990/7 - 63840
5. Assistant Manager Scale – I Rs.36000 – 1490/7- 46430 - 1740/2 -
IT (Software) 49910 - 1990/7 - 63840

Note: The candidates will also be eligible for DA, HRA, CCA, PF and perquisites as
admissible to the corresponding grade etc. as per rules in force from time to time

CTC at Chennai for Scale-II - Rs.12.19 lakh p.a.

CTC at Chennai for Scale-I - Rs. 9.91 lakh p.a.

4. Selection Procedure:

The selection will be based on shortlisting /written exam and interview as applicable to the
above mentioned posts.

i) Mere fulfilling minimum qualification and experience will not vest any right in
candidate for being called for interview. Committee constituted by the bank will
decide the parameters for selection and thereafter adequate number of candidates
as decided by the bank will be shortlisted for interview. The decision of the bank
to call the candidates for the interview shall be final. Selection will be made on the
basis of performance in the process. No correspondence will be entertained in this
regard.

ii) The selected candidates will be posted at Head office or any branch of the bank .

iii) The confirmation of the new recruits will be subject to satisfactory completion of
the probation period ;
Scale – I - 24 months
Scale - II - 12 months
Management reserve the right to curtail/extend the probationary period based on
performance

iv) The date for the selection process will be communicated to the candidates through
call letters. The Bank however reserves the right to cancel or make any changes in
the date, if need arises.

v) The selection process will be scheduled at CHENNAI. Address of the venue will
be advised in the call letter.

5. How to Apply:

i) The application fee of Rs.708/- (INCLUDES GST @ 18%) (NON-

REFUNDABLE) must be paid by all applicants. It has to be paid by means
of a Bank Pay Order or Demand Draft issued by a Scheduled Commercial
Bank payable at “CHENNAI” and should be drawn in favour of “REPCO
BANK RECRUITMENT CELL”

ii) Candidates must write his/her name and address on the reverse side of the
Bank Draft/Bank Pay order. Candidates may please note that payment of
application fee and/or postage charges by Cash / Cheques / Money Order/
Postal stamps etc. will not be accepted.

iii) Candidates who satisfy the eligibility norms should submit their application
in Bio-data form in English, Typed on thick A4 size sheet, with one recent
passport size photograph affixed on the application on the top right hand
corner and indicating prominently in Bold letters the post for which he/she
 is applying at the Top. The format of the Application form is available in
Bank‟s website.

iv) The duly filled in Applications should reach the Bank on or before
12.07.2021.

v) Applications should be sent in closed envelope super scribed “FOR THE

POST OF ________________________________ “ to the following
address:

The General Manager (Admin),

Repco Bank Ltd, P.B.No.1449,
Repco Tower,
No:33, North Usman Road,
T.Nagar, Chennai – 600 017.

vi) Repco Bank reserves the right to reject any application, before, during or
after interview, if found not satisfied the recruitment /eligibility criteria for
the post which he/she has applied.

6. General Instructions:

a) Before applying for the post, the applicant should ensure that he/she fulfills the
eligibility and other norms mentioned above for the post as on the specified date and
that the particulars furnished by him/her are correct in all respects.
b) Candidates should have knowledge (to read, write and speak) of any one of the
Southern India regional language viz: Tamil, Telugu, Malayalam and Kannada.

c) The Bank takes no responsibility for any delay in receipt or loss in postal transit of
any application or communication.

d) The applications must be properly and completely filled. Incomplete applications will
be summarily rejected.

e) Candidates applying for the above posts are advised to note that if selected, they are
required to execute a “Bond” with Surety for serving the Bank at least for a period of
2 years and in the event of his/her resignation from the post before this period the
officer will be required to indemnify and refund the amount to the Bank.

Scale Amount of Bond Period

Scale I Rs.50,000 + 10,000 (Training Cost) + 2 years

3 months notice period

Scale - II Rs.100000/- + 25000 (Training cost ) + 2 years

3month notice period
 f) Candidates working in Govt/Semi-Govt/Govt. undertaking / Public undertaking will
be required to produce No Objection Certificate from their employer if called for
Interview, in the absence of which, his/her candidature may not be considered.

g) Candidate need not submit proof of date of birth, educational qualification, work
experience, caste certificate, age relaxation, Repatriate certificate and other related
documents at the time of applying for the post. All the above documents should be
submitted at the time of Interview only if they are called for or if advised to submit at
any later time.

h) Candidates will have to appear for the interview at their own expenses.

i) In case it is detected at any stage of recruitment that a candidate does not fulfil the
eligibility norms and /or that he /she has furnished any incorrect/ false information
or has suppressed any material facts, his/her candidature will stand cancelled. If
any of these shortcomings is /are detected even after appointment, his/her services are
liable to be terminated.

j) Decisions of Bank in all matters regarding eligibility, conduct of interview, other tests
and selection would be final and binding on all candidates. No Representation or
Correspondence will be entertained by the bank in this regard.

Place: Chennai – 17
Date: 23.06.2021
MANAGING DIRECTOR