Bank of Baroda Job Offer: Financial Literacy Counsellors on Contract Basis:

Are you an experienced banker looking for a new opportunity? Bank of Baroda, a Government of India Enterprise, has announced a great job offer for Financial Literacy Counsellors on a contract basis.

If you have a minimum of 5 years of experience in any nationalized bank, regional rural bank (RRB), private bank, or as a business correspondent or BC coordinator, this could be the perfect opportunity for you. In this article, we will provide you with all the necessary details and guidelines about this job offer.

Bank of Baroda is inviting offline applications from interested candidates to work as Financial Literacy Counsellors. The selected candidates will be appointed on a contract basis in the HISAR district centres in the State of Haryana, preferably from the same district. There is one vacancy available for this position.

Bank of Baroda jobs in 2023

Question	Answer
Announce	Bank of Baroda
Jobs	Govt Jobs, Bank Jobs
Last Date	08th July 2023
Vacancy	01
Post Name	FINANCIAL LITERACY COUNSELLORS

Eligibility Criteria:

To be eligible for the position of Financial Literacy Counsellor, candidates must meet the following criteria:

• Minimum 5 years of experience as an ex-banker in any nationalized bank, RRB, or private bank.
• Alternatively, candidates with 5 years of experience as a business correspondent or BC coordinator can also apply.
• Candidates who have served as an ex-RSETI director/faculty with a minimum of 5 years of experience are also eligible.
• The age of the candidate should not exceed 64 years at the time of application.

Qualifications Required:

Candidates applying for the position should possess the following qualifications:

• A graduate degree from a recognized university.
• Preference will be given to candidates with a postgraduate degree in fields such as Agriculture, Veterinary Science, Sociology, Psychology, and Social Work.
• Proficiency in the local language is required.
• A flair for teaching and computer knowledge is desirable.

Experience:

The candidates should have the relevant experience mentioned below:

• Ex-bankers should have a minimum of 5 years of experience in any nationalized bank, RRB, or private bank.
• Candidates with experience in banking or related fields, such as micro-banking financial institutions (MBFCs) or financial literacy services (FLs), are also eligible.
• Business correspondents or BC coordinators should have a minimum of 5 years of experience in the respective roles.
• Ex-RSETI directors with a minimum of 3 years of experience or faculty members with a minimum of 5 years of experience are also eligible.

Resident Requirements:

Candidates should be residents of the same district or adjoining district where the vacancy is declared. Proficiency in the local language is essential for effective communication with the target audience.

Application Process:

Interested candidates can submit their applications offline. The last date for submission of the application is 8th July 2023. Applications should be sent to the regional office address mentioned below:

Address: SCO 36-37, SECTOR 13 BANK OF BARODA, HISAR (125501)

Roles and Responsibilities of Financial Literacy Counsellors:

Financial Literacy Counsellors play a crucial role in providing guidance and education to individuals. Their key responsibilities include:

• Conducting day-to-day activities at the Financial Literacy Centers (FLCs) as per RBI guidelines.
• Maintaining an arm’s length relationship with the author banks and refraining from promoting banking products.
• Imparting financial literacy to the public, emphasizing the importance of savings, banking services, and responsible borrowing.
• Providing counselling and debt management services free of cost, ensuring no additional burden on individuals seeking assistance.
• Conducting financial literacy camps and awareness programs, especially in rural areas.
• Assisting distressed borrowers and guiding them towards effective financial management.
• Creating awareness about various government schemes and digital banking services.

Remuneration and Benefits:

Financial Literacy Counsellors will receive a consolidated remuneration of Rs. 18,000 per month. Additionally, they are eligible for a reimbursement of up to Rs. 5,000 for conveyance expenses, based on the number of meetings or camps conducted.

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frequently asked questions (FAQs

Certainly! Here are some frequently asked questions (FAQs) regarding the job offer for Financial Literacy Counsellors on a contract basis at Bank of Baroda:

Please note that these FAQs are provided for informational purposes only, and it is recommended to refer to the official job advertisement and contact the Bank of Baroda for the most accurate and up-to-date information regarding the job offer and application process.