Central Bank of India Counselor Vacancy 2020 || banking jobs

POST DATE: 14 August 2020


banking jobs ,Central Bank of India recruitment 2020, RSETI (Rural Self Employment Training Institute) a Society/Trust sponsored by Central Bank of India and engaged in imparting training to rural youth for their self-employment and bringing awareness among rural masses on financial literacy through its 46 RSETI & 48 FLCC centres located in 51 Lead Districts allotted to the Bank in the country, is looking for retired bank officers in Scale-II and above having experience in working in any Public Sector Banks / SBI (i.e. our bank / any other Public Sector Banks / SBI/RRB) and with relevant expertise for recruitment on contract as Incharges for its FLCs already opened.


Important Dates

Application Begin: NA

Last Date to Apply: 20/08/2020

Interview Date: Notified Soon



Age Limit 

Minimum: NA

Maximum: 65 Years.

The maximum age for the post of Faculty will be 65 years, with sound health.





  • Graduate / Post Graduate degree in any discipline from a UGC recognized University.



  • Officers with rural development background i.e. Agriculture Finance Officer / Rural Development Officer / Agriculture Officers converted to Mainstream of
    banking / Lead District Managers and Faculty leaders / Faculty members of Training Centers / Colleges with specialization in Rural Development etc. will be


  • Candidate should have retired on VRS or on attaining superannuation with minimum 20 years of service of which at least 15 years in Officer Cadre.
  • He should have worked as Branch Manager in any scale in a rural branch for at least 3 years OR as AFO (Agriculture Finance Officer) in a Rural Branch for a period of 3 years.
  • He should have an unblemished record and possess a satisfactory service certificate from the previous employer.
  • Should be well conversant with the local language.
  • Should have retired from Scale-II or above
  • Should be resident of the same State, preferably same or nearby district




  • The contract will be initially for a period of 12 months, subject to review after every 6 months.
  • Renewal of contract may be considered at the sole discretion of Society/Trust and subject to satisfactory performance.
  • Following conditions to be incorporated while issuing the Renewal of Contract letter to the member concerned:
    (a) To submit Performance Appraisal to Regional Manager concerned one month in advance of the expiry of the contract.
    (b) Subject to Performance under other various parameters as per Bank’s Performance Appraisal, the renewal of contract will be sole prerogative of Bank.




These officers shall be working as “Counselor-FLCs” and have to oversee the overall
the functioning of FLC.



The selection will be held through an interview process by a committee, headed by Regional Head.

Based on the recommendations of the committee, the Regional Head would approve the appointment of individual for faculty post.


SCALE OF PAY  of banking jobs

  • The counselor will be paid the salary which he receives before retiring minus the pension fixed by the government.
  • Other facilities that the candidate is seeking before retirement will also be awarded.
  • Traveling allowance will also be given.
  • In case, the candidate is receiving no pansion, then monthly payment of Rs 15,000/- per month will be awarded along with other facilities.



The candidates shall be entitled for 15 days leave per year with maximum of 02 days per month.



  1. The offline application form can be downloaded from the official website of the Central Bank of India.
  2. For registration working mobile number and e-mail id is necessary for sharing important information with candidates by the board.
  3. Till the end of the examination and recruitment process, all communications will be made with candidates through the given phone number and email-id only.
  4. Candidates are required to fill all the information the form correctly, any mistake noticed in name filling in the form, and in other details, while cross-checking with documents, the candidate will be disqualified immediately.
  5. Duly filled Application with enclosure of Education Qualification and other relevant Documents sent in Hard copy only will be considered valid.
  6. Once after submitting and confirming the application form details, any changes will not be entertained.
  7. Candidates are required to mention title on the envelope stating as:
    Application for the post of Recruitment as Counselor of FLC on contract for the year 2020-21” to Regional Manager/Co-Chairman, Dist.  Level RSETI Advisory Committee (DLRAC), Central Bank of India, Regional Office, Budhar Chowk, near Hotel Moti Mehal, Shahdol, 484001. (With complete address)”.
  8. Address for Application to be sent: As specified above.
  9. There is NO APPLICATION FEES for the post.


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