Searching For Allahabad Bank Recruitment Requires One To Be Alert Towards Allahabad Bank Job News
It’s been long since Allahabad Bank recruitment has been in demand among the Indian public and such recruitment have been held with the highest respect in the country. People from all regions and irrespective of caste, creed and religion have a favoured opinion towards such Allahabad Bank jobs and the reasons have been many with lots of debates in favour and against them. If one is looking for a recruitment in the Allahabad Bank, there are many best options. The Allahabad Bank jobs have lot of security, benefits and have a steady paycheck. This is the reason why more and more people are being drawn towards Allahabad Bank vacancies.
Educational Qualification to Apply for Allahabad Bank Recruitment
A bachelor’s degree or an associate’s degree is required by most of the Allahabad Bank jobs. However due to the recent economy, master’s degree is also being required by the Allahabad Bank jobs. A person is permitted for substitution of job experience in most of the jobs. In addition to the educational requirements, a person should submit the proper documents and read the job announcement properly.
About Allahabad Bank
Allahabad Bank (Hindi: इलाहाबाद बैंक) is a nationalised bank with its headquarters in Kolkata, India. It is the oldest joint stock bank in India. On 24 April 2014, the bank entered into its 150th year of establishment. It was founded in Allahabad in 1865.
As of 31 March 2012, Allahabad Bank had over 2,500 branches across India. The bank did a total business of INR 3.1 trillion during the FY 2012-13. The bank has a branch in Hong Kong and a representative office in Shenzen.
The bank's market capitalisation in May 2013 was US$ 1.28 billion and it ranked #1466 on the Forbes Global 2000 list
By the end of 19th Century, the Bank had its branches at Jhansi, Kanpur, Lucknow , Bareilly, Nainital, Calcutta and Delhi.
The Bank was nationalised on July 19, 1969, along with 13 other major commercial banks. At the time of nationalisation, the Bank had a network of 151 branches, deposits of Rs. 1189.9 million and advances of Rs. 820 million. These constituted 1.8%, 2.5% and 2.3% of the banking system respectively.
The Bank opened its 1000 branch on April 3, 1982. The Bank also opened specialised branches, such as Industrial Finance Branches, International Branches, Finance Branches, Recovery Branches, Industrial Finance-and -International Branches, NRI BranchesSpecialised Personal Banking Branches, Specialised Savings Bank Branches, Quick Collection Service Branches, Trading Finance Branches and Service Branches.
In 2002, the Bank came out with its first initial public offering of shares which resulted in the reduction of the government’s shareholding in the Bank and in 2005 the Bank came out with its follow-on Public Offer of ten crore equity shares of Rs.10/- each at a price of Rs.82/- per share. The issue was over subscribed by more than 9 times reducing the Govt. shareholding to 55.23%
At present, the Bank has 2260 branches and 44 Zonal Offices, 6 Staff Training Colleges ( including one for technology) and 4 staff training centres for imparting training and upgradation of knowledge base of human resources. A number of Bank’s branches and offices are housed in the Bank’s owned premises situated at prime locations in major cities of the country.
Government jobs come up and the recruitment process has to be done by authorised government bodies such as the public service commission, railway recruitment board for railway jobs, etc. These jobs are published in the employment news at regular intervals which might be once in a year or sometimes not unless there is a group of vacancies. For getting through jobs in the Allahabad Bank, people therefore will need to wait and look at the government employment news to see if the jobs fitting the candidates qualification has been published or not. The scenario is not like the private sector, where the jobs can be taken up by walking in or applying anytime. Due to the rules laid down which tend to carry on for long years, those interested in such jobs need to keep their eyes and ears open, if they are to get into the services of their choice and those which are commensurate with the qualifications.
How to Get Latest Allahabad Bank Recruitment Alert?
A notification is sent via email by most of the Allahabad Bank recruitment when the person applies for the job. If you are looking for free job alert then following this page. This notification is usually sent once the job vacancy is closed. A numerical score is given to the applicants for each job that is applied. There are some factors due to which the score of the applicants is affected. These factors include the KSA questionnaire, resume weight, education, disability rating and veteran’s preference. If the score is high, the chances for getting the job are also very high. All the necessary documentation should be submitted when a person is applying for the job. If there are failures in submission, there may be delays in processing of applications. Sometimes the authorities completely refuse to take the applications. One should ensure that proper documentation is submitted for every job announcement that one wishes to apply to for.
Best Way to Crack Allahabad Bank Jobs Interview
With the demanding trends of job market people are getting nerves for cracking the codes. Prom the perspective of Allahabad Bank job is the 1st choice. In every Indian heart there is a soft corner for government jobs and every father wants his son to be a government job holder. Indian mindset is more biased towards stability and security with government jobs. However, the scenario has changed and people face stiff competition even with a government job. It has become a matter of pride to be in the Government sector than miss in the mass of private sectors. Whatever sectors you may choose as your career option the introductory procedures are nevertheless equal. You have to appear before skill tests and interviews to crack the rock. With the rise of demand for government jobs the interviews are becoming stiffer and thorny. Adequate homework and per-preparation with these simple yet effective tips can help to crack government job interviews.
Top Allahabad Bank Recruitment Bringing Freshers In Large Numbers
A very important change that the 21st century has brought in the Indian society is the manner in which people are looking at Allahabad Bank jobs. In almost every aspect of jobs, the Allahabad Bank is becoming the first choice for people, who are passing out freshly from colleges and for those who are already in a profession. Everyone seems to be seeking a job in a Allahabad Bank organization. Be it an engineer, or even a clerk, the Allahabad Bank jobs are attracting people in large numbers. One of the major areas where students are queuing up for jobs in government is the IT sector. The information technology jobs in India as well as abroad, were quite many. And students immediately after passing out were readily absorbed into these jobs, quite easily.
But since the jobs have also been opening up in the government sectors, students are trying to come into these jobs. With factors being favorable for the freshers, such as stability, pay, and promotions, these, government IT jobs are becoming demanded. Computer is being utilized in various aspects of government.