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Bank of Baroda Recruitment for FLC Counsellors Posts 2021 (Banaskantha)

Bank of Baroda Recruitment for FLC Counsellors Posts 2021 (Banaskantha)

The Bank has decided to hire services of Financial Literacy Centre Counselor (FLCC) at Banaskantha Gujarat.

Advertisement on Bank’s website/Local Newspaper dated. 02.04.2021. 


Bank Of Baroda Recruitment 2021 :

Bank will be hiring services of FLC Counsellors for various centers in the states where FLCCs are functioning. The details of role & responsibility along with qualification and remuneration of the personnel proposed to be hired as Counsellors by Bank are as under:

Qualification : 

i) A graduate degree from recognized University. Preference will be given to having post graduate degree in the area of Agriculture, Veterinary Science, Sociology, Psychology and Social work.

ii) Should be well conversant with the local language. 

iii) Should possess flair for teaching and computer knowledge. Candidates for the post of FLCC counsellor may be selected from open market. Counselors should have sound knowledge of banking, insurance, investment, pension, law, finance, requisite communication and team building skills etc.

Experience : 

i) Shall be an ex-banker with minimum 5 years of experience in any Nationalized Bank/ RRB/ Pvt. Bank. OR Persons having minimum 5 years of experience in banking/ with related fields, NBFCs / FIs. OR Business correspondent / BC- Coordinator with minimum 5 years of experience OR Ex RSETI Director/Faculty with minimum 5 years of Experience.

Age : 

Maximum age at the time of appointment on contract should not be more than 64 years subject to good health.

Resident : 

Should be resident of respective state preferably from the same district i) For FLC of Gujarat -Resident of Gujarat, preferably from same district i.e. Banaskantha Panel may be formed to conduct the interview of shortlisted candidates, (Panel may also include Bank's LDM, DDM of NABARD of respective District RM/DRM of the respective Region to recommend the final names for selection to Zone and Zonal Head to take the decision on engagement of the candidate.

Remuneration :

A consolidated remuneration per month will Rs. 15000/- plus maximum Rs.5000/- towards conveyance expenses on reimbursement basis (Total Rs. 20000). The reimbursement of conveyance will expenses be of subject to number of meetings/camps conducted per month Rs. 3000/- if less than10 camps conducted per month and Rs. 5000/- if more than - 10- camps per month. To be eligible for HA the camp conducted should be at least away from the FLCC centre and no vehicular facility has been availed from LDM/RO. The entire district will be jurisdiction of the FLCC for conducting the camps / meetings and LDM/ RO / Base Branch can disallow any claim of HA with justifications.

 FLC Counsellor has to submit monthly visit diary of Financial Literacy Camps to the RSETI Director/Lead Bank Manager (LDM)/ Br Head of base Branch Subsequently, LDM/ Base Br Head should submit monthly report to Zonal Manager every month (with a copy to RO) before payment of monthly remuneration Zonal office will release amount of monthly remuneration on verification of monthly visit diary of FLCCs For a service period of less than one month, the payment will be made on pro-rata basis. 

Statutory tax deductions to be done as applicable by the paying authority. 


Halting/ Travelling Allowance while on tour :

Halting allowance for FLCC counsellor will be Rs 200/-(if more than -8-hours without night stay) and Rs 500/- (if night stay).it will be in addition to HA as to be paid.

Terms of Appointment :

i. Appointment of the counsellors will be for period on contract basis and shall not exceed one year and Renewal of the contract may be extended by RO based on approval from ZO based on satisfactory performance, subject to annual review. 

ii. The Contractual engagement is purely on temporary basis. This will not vest any right to claim for regular appointment or for continued contractual appointment. 

iii. For renewal of contract, LDM or RSETI Director(as decided by RO) / Br Head of base Branch to recommend the renewal/non-renewal of contract of the counsellor to Region, Region further to send its recommendation to Zone. (In case there is no LEAD bank/RSETI center, base branch will submit its recommendation to Region) and Zone may take the final decision on the same. Zone to inform the renewal/ nonrenewal of the contract of counsellor to corporate office.

iv. The contract may be terminated with notice of one Month from either side. 

v. Renewal of contract may be possible at Bank’s sole Discretion in terms of extant policies and rules. 

Key Resposbility Area : 

He / She would be in charge of a particular FLC and would Responsibility provide counseling at FLC in accordance with the Area : Guidelines of RBI on FLC. He / She shall report to the Concerned Lead District Manager or RSETI Director (to be decided by RO) Base Branch office in case of non-lead Districts.

Last date of application :

Last date of received to our office is 12.04.2021 application.

Official Notification : Click Here     (Application form is in notification.)

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