India Post Payments Bank Limited (IPPB) has been setup under the Department of Post, Ministry of
Communications with 100% equity owned by Government of India having presence all over India which aims
to utilize all of India’s 1,59,015 post offices as access points and 3~Lakh Postmen and Gramin Dak Sewaks
(GDS) to provide doorstep banking services. IPPB is leading the next revolution of banking and financial
literacy and this new model will pave the way for India’s largest banking network to reach each and every
corner of the nation.
In order to support our future growth and transformation challenges, IPPB is inviting applications from
qualified, energetic and dynamic candidates who will be appointed as Executive on contractual basisthrough
online application mode as per details given below. Interested candidates who fulfil the eligibility criteria
may apply online from 26.07.2023 to 16.08.2023 by visiting our website www.ippbonline.com. No other
mode of application will be accepted.
IMPORTANT DATES:
(i) Opening date for On-line Registration of Applications 26.07.2023: 10.00 AM
(ii) Last date of On-line Submission of Applications with Fee 16.08.2023: 11.59 PM
Executive Posts : 132
Age (as on 01-06-2023) : 21 to 35 years
Note: Number of vacancies are tentative and may increase or decrease as per requirement of the Bank
Minimum Educational Qualification:
Graduate in any discipline.
Selection Process:
a) Selection will be made on the basis of Online Test and or Group Discussion and or Personal Interview.
Merely satisfying the eligibility norms do not entitle a candidate to be called for Interview/Group
Discussion or Online Test.
b) IPPB reserves the right to call only the requisite number of candidates for the Assessment/ Interview/
Group Discussion or Online Test after preliminary screening/ short listing with reference to candidates’
qualification, experience, profile vis-a-vis job requirements, etc.
c) Results of the candidates who have qualified for various stages of the recruitment process and the list
of candidates finally selected will be made available on the website. Final select list will be published on
the website.
Pay and allowances:
a) The Bank shall pay a lump sum amount of ₹30,000/- (rupees thirty thousand only) per month inclusive
of statutory deductions.
b) Tax deductions will be done as per Income Tax Act, considering the amendments from time to time.
c) Executives engaged in business activities may be paid incentives by Bank based on their performance.
d) Executives may be paid annual increment of their Lump sum pay as decided by the Bank from time to
time.
e) Further, it is clarified that no other pay/allowances/bonus etc. shall be paid except those mentioned
above.
Application Fee / Intimation Charges (Non-Refundable)
Category of Applicant Application Fee
SC/ST/PWD (Only Intimation charges) INR 100.00 (Rupees One Hundred Only)
For all others INR 300.00 (Rupees Three Hundred Only)