ACOB 2021 Jobs Recruitment Notification of Management Trainee Posts


Abhyudaya Co operative Bank 2021 Jobs Recruitment Notification. ACOB inviting applications for the positions of Management Trainee. Interested and Eligible candidates can apply for the positions.

Last Date for Submission of Application is on 03rd January, 2022.

No.of Posts and Vacancies :-

Management Trainee - 15 Posts

Job Location - Mumbai

Education Qualification :

Applications are invited for Appointment to the post of ‘Management Trainee’ in Abhyudaya Co-operative Bank Ltd.

1. Name of the Post: Management Trainee

2. Vacancies: 15 nos. The bank reserves the right to change the number of vacancies without intimation.

3. Pay Scale & Emoluments /stipend And Bond: 

a) The Stipend for the post of “Management Trainee” for the Two years will be Rs. 35,000/- pm (for First year) and Rs. 40,000/- pm (for Second year). On successful completion of ‘Two year’ term with good appraisal, the selected candidates will be designated as “Management Trainee” and will be placed on probation for one year.

b) They will be subjected to continuous assessment during the probation period. Those candidates who qualify in the assessment as per standards determined by the bank from time to time will be confirmed in the services of the bank and placed in the salary scale of “Manager” having CTC of Rs.9.50 lakh approx.

4. Educational Qualification (as on 01.12.2021): Graduation and C.A./C.F.A. or M.B.A. / M.M.S. / P.G.D.B.M. in Finance/ Marketing/ Business Administration/ Information Technology (full time) from reputed AICTE approved Institute / University. The candidate should have excellent track record from high school. Knowledge of English is required. Preference will be given to candidates with computer knowledge (as per assessment at the time of interview).


Age (as on 01.12.2021): Above 30 years - Below 35 years i.e. candidates should not have been born earlier than 01.12.1986 and later than 01.12.1991(both dates inclusive).

Application Fee:

The application fee including intimation charges is Rs.1000/- (non-refundable). The transaction fee for Online Payment of fees will have to borne by the candidate, including the candidates applying under reserved category. The Exam fee as mentioned in the above is excluding the transaction charges.

General Instructions:

i. Candidate will have to appear for online test to be conducted by the Bank. The successful candidates will be called for an interview, Subject to their being medically fit for employment, the selected candidates will be initially appointed on Training period. The Bank reserves the right to reject any application at any stage without assigning any reason and no correspondence in this regard will be entertained.

ii. Candidates need not submit/send at any address, application printouts or any certificates or copies thereof at the time of online application. Their candidature will be considered on the strength of the information declared in the application.

iii. The Bank shall not entertain requests from the candidates seeking advice about their eligibility to apply.

iv. Candidates seeking age relaxation are required to show originals and submit copies of necessary certificate(s) at the time of interview.

v. Only candidate willing to serve any Branch / Dept. of the Bank should apply.

vi. An application once made will not be allowed to be withdrawn and the application fee once paid will NOT BE refunded on any account nor would be held in reserve for any future examination or selection. The application fee shall also NOT BE refunded in case the application is rejected/not considered by the Bank.

vii. The Bank takes no responsibility for any delay in submission of online applications or communication. Candidates in their own interest are advised to ensure that payment through Master/Visa Debit or Credit cards /NET Banking has been successfully remitted as per above instructions and submit the online applications well before the last date. Mere deduction of amount from a/c does not ensure confirmation of application. The candidate should be able to download ereceipt from the web site.

viii. Candidates are advised to ensure that they fulfill the parameters of qualifications and age as prescribed above. Candidates, who do not fulfill the prescribed eligibility criteria, may be disqualified at any stage of the recruitment process.

ix. Candidates will have to invariably produce and submit the requisite documents such as valid call letter, photocopy of photo-identity proof etc. at the time of examination. They must bring the original photo-id for verification.

x. Before applying for the post, the candidate should ensure that he/she fulfills the eligibility and other norms mentioned in this advertisement. Candidates are therefore advised to carefully read this advertisement and follow all the instructions given for submitting online application.

xi. The requests of the applicants seeking marks obtained by them in the online test/interview will not be entertained.

xii. Bank, may at its discretion hold re-examination wherever necessary in respect of any center/ venue/specific post of venue or a candidate(s). Further, the Bank reserves its right to postpone/cancel the online test, if the situation warrants.

xiii. The authority reserves the discretion to reject any application, at any stage of the process, cancel the candidature of the candidate in case it is detected at any stage that a candidate does not fulfill the eligibility norms and/or that he/she has furnished any incorrect/false information/certificate/documents or has suppressed any material fact(s). If any of these shortcomings is/are detected after appointment his/her services are liable to be summarily terminated.

xiv. Not more than one application should be submitted by any candidate. In case of multiple applications only the latest valid (completed) application will be retained and the application fee/ intimation charges paid for the other multiple registration(s) will stand forfeited. Multiple attendance/ appearances in the examination will be summarily rejected/ candidature cancelled.

xv. Any resulting dispute arising out of this advertisement including the recruitment process shall be subject to the sole jurisdiction of the Courts situated at Mumbai.

xvi. Canvassing in any form will be a disqualification.

xvii. Any request for change of address, details mentioned in the online application form will not be entertained.

xviii. In case any dispute arises on account of interpretation of clauses in any version of this advertisement other than English, the English version available in abovementioned websites shall prevail.

xix. A candidate should ensure that the signatures appended by him/her in all the places viz. in his/her call letter, attendance sheet etc. and in all correspondences with the Bank in future should be identical and there should be no variation of any kind.

xx. A recent, recognizable photograph should be uploaded by the candidate in the online application form and the candidate should ensure that copies of the same are retained for use at various stages of the process. Candidates are also advised not to change their appearance till the process is completed. Failure to produce the same photograph at various stages of the process/ doubt about identity at any stage could lead to disqualification.

Important Dates:

1. Opening Date for ON-LINE Registration of Application 20/12/2021

2. Closing date for ON-LINE Registration of Application 03/01/2022

3. Dates for Payment of Application Fee (online mode) 20/12/2021 to 03/01/2022

4. Tentative date of downloading call letters 2nd /3rd week of January 2022

5. Tentative date of online test Last week of January 2022 or first week of February 2022.

Selection Procedure :

The selection of the candidates shall be made on the basis of the Online Test/Examination and interview. The online Test/Examination will be conducted in English. All the eligible candidates who apply with the requisite fee and whose application are received in time will be called for the Online test/examination, which will comprise the following:

A. Online Test/Examination 160 marks

B. There shall be Negative Marking for wrong answers (0.25 marks will be deducted for each wrong answer).

C. Online test question contents would be as under: Objective type of test.

D. The Scores of Online Examination will be obtained by adopting the following procedure:

i. Number of questions answered correctly by a candidate in each objective test is considered for arriving at the Corrected Score after applying penalty for wrong answers.

ii. The Corrected Scores so obtained by a candidate are made equivalent to take care of the minor difference in difficulty level, if any, in each of the objective tests held in different sessions to arrive at the Equated Scores*. *Scores obtained by candidates on any test are equated to the base form by considering the distribution of scores of all the forms, if the exam is conducted in more than one session.

(iii) Test wise scores and scores on total is reported with decimal points up to two digits.

(iv) Cut off will be applied on the test wise and/or Total Score, as per decision of bank.

1. Call Letters: Candidates will have to visit Bank’s website for downloading call letters for online test. Intimation for downloading call letter will also be sent through email/SMS. Once the candidate clicks the relevant link, he/she can access the window for call letter download. The candidate is required to use

(i) Registration Number/Roll Number,

(ii) Password/Date of Birth for downloading the call letter. Candidate needs to affix recent recognizable photograph on the call letter preferably the same as provided during registration and appear at the examination center with (i) Call Letter (ii) Photo Identity Proof as stipulated in clause 5 above and also specified in the call letter and photocopy of the same Photo Identity Proof as brought in original.

How to Apply :

Closing date for ON-LINE Registration of Application 03/01/2022

1. Candidates To Go To The Bank’s Website Click On The Option "Apply Online" In Career Menu Which Will Open A New Screen.

2. To Register Application, Choose The Tab "Click Here For New Registration" And Enter Name, Contact Details And Email-id. A Provisional Registration Number And Password Will Be Generated By The System And Displayed On The Screen. Candidate Should Note Down The Provisional Registration Number And Password. An Email & Sms Indicating The Provisional Registration Number And Password Will Also Be Sent.

3. In Case The Candidate Is Unable To Complete The Application Form In One Go, He / She Can Save The Data Already Entered By Choosing "Save And Next" Tab. Prior To Submission Of The Online Application Candidates Are Advised To Use The "Save And Next" Facility To Verify The Details In The Online Application Form And Modify The Same If Required. Visually Impaired Candidates Should Fill The Application Form Carefully And Verify/ Get The Details Verified To Ensure That The Same Are Correct Prior To Final Submission.

4. Candidates Are Advised To Carefully Fill And Verify The Details Filled In The Online Application Themselves As No Change Will Be Possible/ Entertained After Clicking The Complete Registration Button.

5. The Name Of The Candidate Or His /her Father/ Husband Etc. Should Be Spelt Correctly In The Application As It Appears In The Certificates/ Mark Sheets/identity Proof. Any Change/alteration Found May Disqualify The Candidature.

6. Validate Your Details And Save Your Application By Clicking The 'validate Your Details' And 'save & Next' Button.

7. Candidates Can Proceed To Upload Photo & Signature As Per The Specifications Given In The Guidelines For Scanning And Upload Of Photograph And Signature Detailed Under Point "C".

8. Candidates Can Proceed To Fill Other Details Of The Application Form.

9. Click On The Preview Tab To Preview And Verify The Entire Application Form Before Complete Registration.

10. Modify Details, If Required, And Click On ‘complete Registration’ Only After Verifying And Ensuring That The Photograph, Signature Uploaded And Other Details Filled By You Are Correct.

11. Click On 'payment' Tab And Proceed For Payment.

12. Click On 'submit' Button.

Official Notification


Post a Comment

* Please Don't Spam Here. All the Comments are Reviewed by Admin.
Post a Comment (0)
To Top