Job Title: Circle-Based Executive (Contract Basis)
Job Positions Available: 51 Vacancies
Job Summary
India Post Payments Bank Limited (IPPB), a Government of India undertaking, is hiring 51 Circle-Based Executives on a contract basis across various states. These executives will drive banking services, customer acquisition, and financial literacy programs, ensuring IPPB’s expansion and operational success.
Employer Name and Overview
IPPB operates under the Department of Post, Ministry of Communications, and is one of India’s leading banking networks, leveraging 1,55,015 post offices and over 3 lakh postmen and Gramin Dak Sewaks (GDS) to provide doorstep banking services. With a strong focus on financial inclusion, IPPB continues to expand its reach, ensuring banking accessibility for every Indian household.
Key Qualifications and Requirements
| Criteria | Details |
|---|---|
| Educational Qualification | Graduate in any discipline from a recognized university |
| Age Limit (as of 01-02-2025) | 21 to 35 years |
| Preferred Candidates | Those domiciled in the state they are applying for |
Skills & Responsibilities
- Achieve monthly revenue targets through direct sales.
- Organize customer acquisition events and marketing campaigns.
- Conduct training sessions for GDS on IPPB products and services.
- Work closely with DoP Inspectors and Postmasters to promote banking services.
- Manage and develop strategic relationships with channel partners.
- Support branch operations and ensure smooth banking activities.
Job Location
The 51 vacancies are distributed across various states, including:
Assam, Bihar, Gujarat, Haryana, Jammu & Kashmir, Maharashtra, North East (Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, Tripura), Punjab, Rajasthan, Tamil Nadu, Uttar Pradesh, and Uttarakhand.
Candidates must apply for their domiciled state as selection will be based on state-wise merit lists.
Salary & Benefits
| Salary Component | Details |
| Monthly Salary | Rs. 30,000 (inclusive of statutory deductions) |
| Incentives | Performance-based, linked to business acquisition and sales |
| Annual Increment | Subject to performance evaluation |
Application Fees
| Category | Application Fee |
| SC/ST/PWD | Rs. 150 |
| Others | Rs. 750 |
| Mode of Payment | Online via the official IPPB portal |
Important Dates
| Event | Date & Time |
| Online Registration Start Date | 01.03.2025 (10:00 AM) |
| Application Deadline | 21.03.2025 (11:59 PM) |
Selection Process
- Merit-Based Shortlisting: Based on graduation percentage.
- Interview Round: Only shortlisted candidates will be called.
- Preference for Domicile Candidates: Candidates applying for their home state will be prioritized.
- Final Selection: Based on interview performance and document verification.
Application Process
- Applications must be submitted online before the deadline.
- Upload scanned copies of the following:
- Recent passport-sized photograph
- Signature
- Left thumb impression
- Handwritten declaration
- Ensure valid email ID and mobile number for communication.
Frequently Asked Questions (FAQs)
- What is the contract period?
- Initially 1 year, extendable up to 3 years based on performance.
- Can candidates from any state apply?
- No, candidates must apply for vacancies in their domiciled state.
- Is prior banking experience required?
- No, but sales and marketing experience will be an advantage.
- Are there any relaxations in age limits?
- Yes, as per Government of India norms:
- SC/ST: 5 years relaxation
- OBC-NCL: 3 years relaxation
- PWD: Up to 15 years relaxation
- Yes, as per Government of India norms:
- What is the mode of application submission?
- Only online applications will be accepted.
- Will there be an entrance exam?
- No, selection is based on graduation marks and an interview.
- Can I apply for multiple locations?
- No, candidates can apply for only one banking outlet.
- Is remote work allowed?
- No, candidates will be posted at their selected banking outlet.
- How will I receive confirmation for my application?
- You will receive an email and SMS confirmation upon successful submission.
- What happens if two candidates have the same score?
- Merit will be decided based on date of birth (older candidates get priority).
Why Join IPPB?
- Work in a fast-growing financial sector while contributing to financial inclusion.
- Competitive salary & performance-based incentives.
- Opportunities for career growth within a government-backed banking institution.
- Innovative work culture focused on customer service, digital banking, and financial literacy.
Important Links:
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