IPPB Executive Recruitment 2024: Apply Now for 344 Vacancies (GDS to IPPB Executive)

India Post Payments Bank (IPPB) has released the IPPB Executive Recruitment 2024 notification, announcing 344 vacancies for Gramin Dak Sevaks (GDS) to join as Executives. These GDS will be engaged from the Department of Posts (DoP) to perform direct sales and related activities at various IPPB offices. Their role will focus on lead generation, direct sales, and coordination of business activities through the Business Correspondent arrangement between DoP and IPPB. Interested and eligible Gramin Dak Sevaks can apply online from October 11, 2024, to October 31, 2024, via the official website www.ippbonline.com. Only online applications will be accepted. Applicants must ensure they meet the eligibility criteria, as non-compliant applications will be rejected.

IPPB Executive Recruitment 2024


Overview of IPPB Executive Recruitment 2024

In the notification released by India Post Payments Bank, it is clearly mentioned that there are 344 tentative vacancies for Executives. However, only those candidates who have at least 2 years of experience working as Gramin Dak Sevaks (GDS) in India Post are eligible to apply. This recruitment is not open to all aspirants. For your convenience, the key details about this recruitment are provided in the overview table below.

Overview
Conducting Body India Post Payments Bank
Exam Name IPPB Executive Examination 2024 (Engagement of Gramin Dak Sevak from Department of Posts to IPPB as Executive)
Post Name Executive
Advt. No. IPPB/CO/HR/RECT./2024-25/03
Vacancies 344
Category Bank Jobs
Salary Rs. 30,000/-
Application Mode Online
Notification Date 11-10-2024
Apply Online Start Date 11-10-2024
Apply Online Last Date 31-10-2024
Fee Payment Last Date 31-10-2024
Selection Process Based on graduation marks percentage
Apply Link Click Here
Notification (PDF) Click Here
Official Website Click Here

Vacancy Information

Those already working as Gramin Dak Sevaks (GDS) have a great opportunity, as the eligibility for IPPB Executive posts is limited to current GDS employees in India Post. With 344 vacancies available, it offers plenty of openings. The table below provides a state-wise breakdown of the vacancies.

State/Union Territory Vacancy
Andaman and Nicobar Islands 1
Andhra Pradesh 8
Arunachal Pradesh 5
Assam 16
Bihar 20
Chandigarh 2
Chhattisgarh 15
Dadra and Nagar Haveli 1
Delhi 6
Goa 1
Gujarat 29
Haryana 10
Himachal Pradesh 10
Jammu and Kashmir 4
Jharkhand 14
Karnataka 20
Kerala 4
Ladakh 1
Lakshadweep 1
Madhya Pradesh 20
Maharashtra 19
Manipur 6
Meghalaya 4
Mizoram 3
Nagaland 3
Odisha 11
Puducherry 1
Punjab 10
Rajasthan 17
Sikkim 1
Tamil Nadu 13
Telangana 15
Tripura 4
Uttar Pradesh 36
West Bengal 13
Total 344

Executive Job Profile

  • Achieve monthly revenue targets through direct sales of the Bank’s products.
  • Support customer acquisition events and campaigns to increase financial literacy.
  • Conduct training sessions for GDS on IPPB products and services.
  • Collaborate with DoP Inspectors (Sub-division) and Postmasters to promote IPPB and third-party sales.
  • Help GDS in acquiring new customers for IPPB and partner organizations.
  • Assist IPPB officers in daily operations.
  • Build and maintain customer relationships through events and campaigns focused on financial literacy.
  • Manage strategic relationships with channel partners to drive sales and share marketing information, events, and promotions.
  • Perform any other duties assigned by the Bank.

Salary Details

The salary for the GDSs engaged as Executives with IPPB is a lump sum amount of ₹30,000/- per month, which includes all statutory deductions and contributions as applicable. Tax deductions will be made in accordance with the Income Tax Act, subject to changes over time. Additionally, there will be an annual increment in the lump-sum pay and performance-based incentives based on business acquisition and sales activities, as decided by the Competent Authority. It is also clarified that no other allowances, bonuses, or additional payments will be provided beyond what is mentioned above.

Post Name Salary
Executive ₹30,000/-

Educational Qualifications

To apply for these posts, candidates must have a bachelor’s degree. The selection process is based on the percentage of marks obtained in graduation. Those with higher marks will have a better chance of being selected for the Executive posts.

Post Education Qualification
Executive Graduate (Degree)

Minimum Experience:

Candidates applying for the Executive posts must have a minimum of 2 years of experience as a Gramin Dak Sevak (GDS). It is important to note that applicants should not have any pending vigilance or disciplinary cases against them and must not be serving any punishment at the time of application.

Age Criteria

Applicants for this recruitment must be between 20 and 35 years old as of September 1, 2024. This age range ensures a balance of fresh perspectives and relevant experience for the role. It’s crucial for applicants to verify that they meet this age requirement before applying, as those outside this range will not be considered. This criterion supports the bank in building a dynamic and skilled workforce aligned with its objectives.

Age Limit
(as on 01-09-2024)
Min Max
20 Years 35 Years

Fee Structure

An application fee of ₹750/- (non-refundable) is required. Candidates must ensure their eligibility before paying the fee or applying online. Once an application is submitted, it cannot be withdrawn, and the fee paid will not be refunded under any circumstances. Additionally, the fee cannot be held in reserve for any future selection processes.

Category Application Fee
All Candidates ₹750

Selection Process

  • Selection based on graduation percentage; Bank may conduct an Online Test.
  • If graduation percentage is the same, preference goes to the candidate with longer service at DoP; if still equal, age will be considered.
  • Provide exact graduation percentage as on the degree certificate; discrepancies will lead to rejection. CGPA must be converted to percentage with valid documentation.
  • Candidates will be called for Document Verification based on the merit list.
  • Required documents during verification:
    • No Objection Certificate (NOC) from the controlling officer.
    • Statement of any penalties imposed in the last five years.
    • Vigilance Clearance Certificate from the Divisional Head.
  • Engagement with IPPB begins after completing the relieving process from the parent organization.
  • Meeting eligibility does not guarantee selection.
  • Results and selected candidates will be published on the website.

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