Bank of Baroda, a Government of India owned public sector banking and financial services company. It is the second largest bank in India after the State Bank of India.
The journey of Bank of Baroda started way back in 1908 with a small building in Baroda. In this long journey, Bank of Baroda has been serving over 82 million customers across 22 worldwide countries.
Bank of Baroda also recruits many candidates every year for different posts. In this blog, you will get to know the complete details about the Bank of Baroda Recruitment 2019-20. The recruitment in Bank of Baroda will be through IBPS Bank Exams.
But before this, have a look at some of the unknown facts about Bank of Baroda.
Unknown Facts About Bank of Baroda
Have a look at some of the unknown facts about Bank of Baroda:
Have a look at them:
Bank of Baroda was founded by the Maharaja of Baroda, Maharaja Sayajirao Gaekwad III on 20th July 1908.
The bank was nationalized on 19th July 1969, along with 13 other major commercial banks of India, by the Government of India and has been designated as a profit-making public sector undertaking (PSU).
During the long journey of almost a century, 10 banks have been merged with the Bank of Baroda.
Bank of Baroda became the first Indian sponsor of the first ever Football World Cup that was hosted in India, FIFA U-17 World Cup India 2017.
The Bank has total 5573 branches as of 31st March 2018. 5467 Indian branches and 104 Foreign branches.
Bank of Baroda has also launched the School fees collection module that helps customers pay the School fees through Bank’s ATM.
About Bank of Baroda
Name: Bank of Baroda
Type: Public Sector Bank
Industry: Banking, Financial Services
No. of Employees: 52,000+
Headquarters: Vadodara, Gujarat, India
Website: https://www.bankofbaroda.com/
Board of Directors
Managing Director & CEO: Shri P. S. Jayakumar
Executive Directors:
Smt. Papia Sengupta
Shri S. L. Jain
Shri Vikramaditya Singh Khichi
Directors:
Shri Debasish Panda (Government Nominee Director)
Shri Ajay Kumar (Government Nominee Director)
Shri Gopal Krishan Agarwal (Part-Time Non-Official Director)
Shri Srinivasan Sridhar (Shareholder Director)
Shri Bharatkumar D. Dangar (Shareholder Director)
Prof. Biju Varkkey (Part-Time Non-Official Director)
Smt. Soundara Kumar (Non-Executive Shareholder Director)
Bank of Baroda Latest Vacancies
Here you will be updated with all the latest vacancies & opening in Bank of Baroda. Currently, Bank of Baroda is inviting applications for following posts:
| S.No. |
Post |
No. of Vacancies |
| 1. | Appoitment of Financial Literacy Counsellor on Contractual Basis for Banaskantha District (North Gujarat) | 1 |
| 2. |
Recruitment project: Scheme For Appointment Of Part-Time Medical Consultants On Contract Basis At Bank Of Baroda Mangaluru Zone |
1 |
| 3. |
Recruitment of Product Managers-Cash Management-Government Business |
2 |
| 4. |
Recruitment of Head : Collections & Debt Management - Retail and Granular businesses |
1 |
Also Check:
Bank of Baroda Recruitment 2019-20
Bank of Baroda recruits many candidates for different posts. The recruitments for Scale-I posts are based on IBPS Exams.
Candidates can appear in IBPS PO Exam for the Bank of Baroda PO Recruitment.
For Specialist Officers recruitment, candidates must qualify the IBPS SO Exam first. For Clerical posts, the selection will be made through IBPS Clerk Exam.
Bank of Baroda also offers an alternative way to get recruited in the bank for the post of Probationary Officer. This Bank of Baroda PO Recruitment is through the PGDBF Course in Baroda Manipal School of Banking. It’s a 1-year diploma course, which provides candidates the knowledge of banking and finance.
These all are the major or we can say the most reputed posts in Bank of Baroda. The bank also recruit candidates for other posts as well. These posts are:
IT Professionals
Human Resource
Chief Financial Officer
Chief Risk Officer
Peon
To check the details of these posts, candidates must visit the Bank’s career page and keep themselves updated with the latest openings.
Bank of Baroda Recruitment- Career Growth
Bank of Baroda is one of the most reputed and is the second largest bank in India. So, getting recruited in this bank is always a matter of pride for the young graduates.
Every individual wants to get promoted at the Top Management position as early as possible. But it’s not that easy. Promotion in the bank of Baroda is based on one’s performance, qualification and other factors.
A candidate will be first recruited in the Junior Management- Scale I and based on his/her performance, he/she will be promoted to the next scale.
Below we have mentioned the details about Bank of Baroda Recruitment:
| Levels-Scales |
Minimum Years to reach the Scales |
| Middle Management- Scale II |
3 Years |
| Middle Management- Scale III |
6 Years |
| Senior Management- Scale IV |
9 Years |
| Senior Management- Scale V |
12 Years |
| Top Management- Scale VI |
15 Years |
| Top Management- Scale VII |
18 Years |
Bank of Baroda- Salary Structure
Before getting recruited in the Bank of Baroda many candidates have these common questions in their mind:
What is the salary of a PO in the Bank of Baroda?
What is the salary of a bank clerk in the Bank of Baroda?
What is the salary of a specialist officer (Scale-1) in Bank of Baroda?
So, to answer all these questions, we have come up with the salary structure of all the major posts in Bank of Baroda.
Have a look at them.
Bank of Baroda PO Salary- INR 23,700/month.
Bank of Baroda Clerk Salary- INR 19,900/month.
Bank of Baroda SO Salary- INR 42,990/month.
What Bank of Baroda is looking in the People?
As one of the leading banks in India, Bank of Baroda is looking for the talented candidates who can meet the requirements of the Bank and are ready to take up all the responsibilities. So, for the Bank of Baroda Recruitment 2019-20 candidates must have the below mentioned qualities.
Bank of Baroda is looking for people who:
Have excellent decision making skills.
Can change with the dynamic banking environment.
Can display strong administrative skills.
Can fulfill all the needs of the bank.
Have a strong knowledge of Marketing, Relationship Management and Business Development.
Have strong leadership skills.
Reasons to Choose Bank of Baroda
As one of the leading banks in India, Bank of Baroda provides many benefits to their employees. Here we have mentioned the reasons why you should work with Bank of Baroda:
1. Amazing Employee Benefits
As a Bank of Baroda employee, you will be provided a wide range of benefits apart from the salary. These benefits include:
Medical coverage for self and dependent family members.
Concessional Staff Loans.
LTC/LFC Facilities.
Holiday Home Facility at various centers.
Residential Quarters for officer staff.
2. On-boarding Programs for New Hires
Bank of Baroda conducts on-boarding programs for the new hires - 6 months program for the Officers and 2 weeks program for Clerks. Apart from this on-boarding program, the Bank of Baroda also conducts cultural on-boarding exercise, provides various forums to the new hires to interact with the senior management.
3. Conduct Annual Talent Management Exercise
The Bank of Baroda carries out an annual talent management exercise to bring out the best in employees and train the future leaders of the bank. The training is carried out in areas like Communication, Business Development and People Management.
4. Variety of Opportunities
Bank of Baroda offers their customers a wide variety of opportunities such as the opportunity to serve the entire spectrum of customer types, offers a variety of vertical specializations like SME, Retail, Mid-Corporate, large Corporate. Bank of Baroda also offers a chance to the selected candidates to work as full time training faculty.
5. Best Performing Bank among all the Banks
Bank of Baroda has been the best performing bank among all the public as well as private banks. So, working with the best performing bank will always be beneficial to the candidates.
Bank of Baroda is the bank where the employees are provided with the family like environment, creating a well-balanced atmosphere. This is the reason why this bank attracts large number of young graduates to become a part of this organization.
Here we have provided every single detail about Bank of Baroda Recruitment 2019-20. Now you can also be a part of this organization.
If you have any queries/doubts regarding this article, then you can mention them in the comments’ section below.
