Madurai Central Bank of India Job Vacancy for BC Supervisor

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Central Bank of India, Madurai Branch, Announces Job Vacancy for BC Supervisor:

Central Bank of India, Regional Office in Madurai, has recently released a job vacancy for the position of BC (Business Correspondent) Supervisor.

The role is contractual and will be based on a 12-month contract, subject to satisfactory performance reviews.

This article provides detailed information about the eligibility criteria, responsibilities, payment structure, and application process for interested candidates.

madurai central bank of india jobs in 2023
Announced byCentral Bank of India
Post NameBC Supervisor
Jobs CatogryCentral Govt Jobs (Bank Jobs)

Eligibility Criteria:

Retired Bank Employees:

  • Retired officers, including voluntarily retired, from any bank (PSU/RRB/Private Banks/Co-operative Banks) up to the rank of Senior Manager or equivalent may apply.
  • Retired clerks and equivalent staff from the Central Bank of India, who have passed JAIIB with a good track record, are eligible.
  • Applicants should have at least 3 years of rural banking experience, and the maximum age for entry is 64 years.
  • BC supervisors can continue their services until the age of 65.

Young Candidates:

  • The minimum qualification required is graduation with computer knowledge (MS Office, email, Internet, etc.). However, candidates with qualifications like M.Sc. (IT)/BE (IT)/MCA/MBA will be given preference.
  • Candidates should be in the age group of 21-45 years at the time of appointment.
  • The maximum age for continuation as BC supervisors will be 60 years.
Madurai Central Bank of India Job Vacancy for BC Supervisor

Geographical Location:

  1. Candidates must be proficient in the local language and dialect, both in reading and writing.
  2. Selection preference will be given to candidates from the same state, and candidates from other states will not be considered.

Roles and Responsibilities of BC Supervisor:

  • Monitoring: Supervise and monitor the daily activities of assigned BC agents through the BC Dashboard, telephonic calls, online video conferencing, and monthly visits to BC points.
  • Target Fixation: Set targets for BC agents and monitor their progress in achieving these targets. Evaluate BC supervisors based on the performance and achievement of various targets by BC agents.
  • Financial Inclusion: Ensure availability of banking services in rural, urban, and metro areas, including identified villages, sub-service areas (SSAs), and non-SSAs. Educate BCs about their roles and responsibilities.
  • Grievance Redressal: Address customer and BC grievances and provide feedback to the link branch and regional office.
  • Village Meetings: Conduct meetings with villagers, communities, and BC points to promote banking services and submit reports to the regional manager.
  • Field Visits: Visit allocated villages, SSAs, non-SSAs, and BC points at least once a month. Monitor and control BC activities, ensuring BCs remain active and operational during prescribed working hours.
  • Financial Literacy: Conduct financial literacy sessions during visits, educating villagers and communities about banking services.
  • Compliance and Coordination: Ensure BCs adhere to bank guidelines, cross-sell bank and third-party products, support recovery efforts, and maintain proper records and displays at BC points.
  • Reporting: Submit reports on BC activities, customer feedback, and performance evaluations to the Chief Manager/Officer in charge of Financial Inclusion.

Payment Structure:

  • BC Supervisors will receive a monthly remuneration consisting of fixed and variable components.
  • The fixed component ranges from Rs. 12,000/- to Rs. 15,000/- depending on the supervisor’s category (A or B).
  • The variable component, based on BC agent scores, can be Rs. 8,000/- to Rs. 10,000/-.
  • Conveyance allowance of Rs. 3,000/- to Rs. 4,000/- and mobile/internet charges of Rs. 500/- are provided.
madurai central bank of india jobs in 2023

Frequently Asked Questions (FAQ) – Job Vacancy for BC Supervisor at Central Bank of India, Madurai Branch

Q: What is the job vacancy announced by the Central Bank of India, Madurai Branch?

A: Central Bank of India, Madurai Branch, has announced a job vacancy for the position of BC Supervisor on a contractual basis.

Q: What is the duration of the contract?

A: The contract will initially be for a period of 12 months, subject to a satisfactory annual performance review.

Q: Who is eligible to apply for the position of BC Supervisor?

Retired Bank Employees:

● Retired officers of any bank up to the rank of Senior Manager or equivalent.
● Retired clerks and the equivalent of the Central Bank of India who has passed JAIIB with a good track record.
● All applicants should have a minimum of 3 years of rural banking experience, and the maximum entry age is 64 years. The maximum age for continuation as BC supervisors will be 65 years.

Young Candidates:

● The minimum qualification required is graduation with computer knowledge (MS Office, email, Internet, etc.).
● Candidates in the age group of 21-45 years at the time of appointment are eligible. The maximum age for continuation as BC supervisors will be 60 years.

Q: Are there any geographical restrictions for candidates?

A: Yes, candidates should be proficient in the local language and dialect, both in reading and writing. Candidates from other states will not be selected under any circumstances.

Q: What is the selection process for BC Supervisor?

A: The selection will be based on an interview process.

Q: What are the roles and responsibilities of a BC Supervisor?

A: The BC Supervisor will have the following responsibilities:

● Monitoring the working of BC Agents on a daily basis through BC Dashboard, telephonic calls, online VC meetings, and monthly visits.
● Fixing targets and monitoring the progress of BC Agents.
● Ensuring banking services are available in rural and urban areas.
● Redressing customer and BC grievances.
● Conducting meetings and financial literacy sessions in villages and communities.
● Visiting allocated villages and BC points in the district at least once a month.
● Monitoring and controlling BC activities in coordination with the link branch.
● Ensuring BCs remain active and operational during working hours.
● Promoting cross-selling of bank and third-party products by BCs.
● Conducting field surveys and providing feedback reports.

Q: What are the remuneration and other allowances for BC Supervisors?

A: The remuneration for BC Supervisors consists of both fixed and variable components. The conveyance allowance and mobile/internet charges are also provided. The exact amounts vary depending on the category of BC Supervisor.

Q: How can I apply for the position of BC Supervisor?

A: Interested candidates can submit their applications as per the instructions provided by the Central Bank of India, Madurai Branch.

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