Business Correspondent (BC) Supervisor – Central Bank of India

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Job Highlights

Organization: Central Bank of India
Post Name: Business Correspondent (BC) Supervisor – Contractual Position
No of Vacancies: Unknown
Qualification: Graduate, M.Sc, MBA, PGDM, MCA
State: All India
Last Date to Apply: May 10, 2025

Job Description

About the Organization

Central Bank of India, a leading public sector bank under the Government of India, is committed to promoting financial inclusion and rural development. The bank plays a pivotal role in extending banking services to unbanked areas through its Business Correspondent (BC) network.

Job Description: BC Supervisor (Contractual)

Vacancies: Multiple (Category A & B)
Employment Type: Contractual (Initial 12 months, renewable based on performance)
Location: Assigned districts across India
Application Deadline: 10 May 2025

Key Responsibilities:

  • Monitoring & Support:

    • Supervise 20–30 BC agents, ensuring daily operations via dashboard checks, calls, and monthly field visits.

    • Resolve grievances of customers/BC agents and report to regional offices.

  • Performance Management:

    • Set targets for BC agents (e.g., PMJDY accounts, micro-insurance enrollments) and track progress.

    • Conduct financial literacy camps and village meetings to promote banking services.

  • Compliance:

    • Ensure BC agents adhere to bank guidelines (e.g., no offline transactions, proper documentation).

    • Report frauds/misconduct promptly.

Eligibility Criteria:

  • Education: 10th standard pass (minimum); graduates preferred.

  • Experience: Prior experience in banking/financial services or rural development is advantageous.

  • Certification: Must obtain IIBF-BC certification within 3 months of joining (exempt for retired bank staff with JAIIB/CAIIB).

Compensation & Benefits:

  • Category A (25–30 BCs):

    • Fixed: ₹15,000/month + Variable (up to ₹10,000) + Conveyance (₹4,000) + Mobile (₹500).

  • Category B (20–25 BCs):

    • Fixed: ₹12,000/month + Variable (up to ₹8,000) + Conveyance (₹3,000) + Mobile (₹500).

  • Leave: 30 days paid leave/year + emergency leave (up to 60 days unpaid).

Selection Process:

  • Interview-based selection. Shortlisted candidates will be evaluated on experience, communication, and alignment with financial inclusion goals.

How to Apply:

  1. Download Application Form: Available in the official notification (Annexure-3).

  2. Submit: Send filled applications with self-attested documents (Aadhaar, PAN, educational certificates) to:
    Regional Head, Central Bank of India, First Floor Victoria Park, Jail Chungi, Meerut 250001 (U.P.)

  3. Label Envelope: “Application for BC Supervisor on contract basis for FY-2025-26.”

  4. Fee: No application fee.

Key Dates & Notes:

  • Last Date: 10 May 2025 (no late applications accepted).

  • Performance Metrics: Variable pay linked to BC agent performance (e.g., active accounts, customer satisfaction).

  • Termination: 30-day notice period; instant termination for misconduct.

Notification Link: Central Bank of India Recruitment

Note: Always cross check with the official websites for the accurate and detailed information.

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