India Post Payments Bank Limited (IPPB), a fully government-owned company with 650 branches nationwide, was founded under the Department of Post, Ministry of Communications. It seeks to provide doorstep banking services by utilizing India’s vast postal network, which includes 1,55,015 post offices and more than 3 lakh Postmen and Gramin Dak Sewaks (GDS).
IPPB is driving a revolution in banking and financial literacy by developing India’s most extensive and extended banking network, covering all country regions. IPPB periodically or on a contract basis seeks applications from eligible, active, and motivated candidates for various Scale III, V, VI, and VII positions to serve its growth and transformation objectives. It covers many industries, including technology, finance, compliance, internal audit, and goods. Applications for senior positions in the following have already been invited: Assistant General Manager, Senior Manager (Products & Solutions), General Manager-Finance/CFO, DGM-Finance/CFO, and Senior Manager (Information System Auditor).
On January 10, 2025, the online registration process will open and end on January 30, 2025. No other application method will be accepted. Thus, interested individuals who match the qualifying requirements may only apply via the official IPPB website, ippbonline.com.
IPPB Recruitment 2025 Overview
| India Post Payments Bank (IPPB) | |
| Recruitment of Vacancies in Scale III, V, VI, and VII | |
| IPPB/CO/HR/RECT./2024-25/05 (10/01/2025) | |
| INDIANSARKARIJOBS.COM | |
| Important Dates | |
| Organization Name | India Post Payments Bank (IPPB) |
| Post | General Manager-Finance/CFO, DGM-Finance/CFO, Assistant General Manager, Senior Manager (Products & Solutions), & Senior Manager (Information System Auditor). |
| Mode of Apply | Apply Online Form |
| Official Website | www.ippbonline.com |
| No of Vacancies | 7 |
| Online Application Start | 10 January 2025 |
| Last Date to Apply | 30 January 2025 |
| Last Date for Fee Payment | 30 January 2025 |
India Post Payments Bank Recruitment 2025 Vacancy Details
Here are details of number of vacancies (tentative) including backlog reserved vacancies.
| Department | Scale | Designation | No. of Posts | Vacancy Reserved For |
| Finance | VI | DGM-Finance/CFO | 1 | OBC (1) |
| VII | General Manager-Finance/CFO | 1 | – | |
| Technology | V | Assistant General Manager (Program/Vendor Management) | 1 | OBC (1) |
| Product | III | Senior Manager (Products & Solutions) | 2 | OBC (1), ST (1) |
| Internal Audit | III | Senior Manager (Information System Auditor) | 1 | UR (1) |
Notes:
Horizontal Reservation: Applicable for persons with disabilities (minimum 40% disability) per Government of India norms.
Details of number of contractual vacancies (tentative) including backlog reserved vacancies.
| Department | Post/Designation | No. of Vacancies |
Vacancy Reserved For
|
| Compliance | Chief Compliance Officer | 1 | OBC (1) |
| Operations | Chief Operating Officer | 1 | SC (1) |
Notes:
Horizontal Reservation: Applicable for persons with disabilities (minimum 40% disability) per Government of India norms.
India Post Payments Bank Recruitment 2025 Eligibility Criteria
The age and post-qualification experience as of 01.01.2025 for the posts are prescribed as under:
| Post Name | Educational Qualification |
Age Limit (as of 01.01.2025)
|
| Senior Manager (Products & Solutions) | Any Graduate with an MBA (2 years) or equivalent | 26 to 35 Years |
| Assistant General Manager (Program/Vendor Management) | B.E./B. Tech/MCA/Post Graduate in IT/Management | 32 to 45 Years |
| Deputy General Manager (Finance/CFO) | Chartered Accountant (CA) from ICAI | 35 to 55 Years |
| General Manager (Finance/CFO) | Chartered Accountant (CA) from ICAI | 38 to 55 Years |
| Chief Compliance Officer | Graduate in any discipline | 38 to 55 Years |
| Chief Operating Officer | Graduate in any discipline | 38 to 55 Years |
India Post Payments Bank Recruitment 2025 Fees Details
|
Category of Applicant
|
Application Fee |
| SC/ST/PWD (Only Intimation Charges) |
₹ 150
|
| For All Others |
₹ 750
|
India Post Payments Bank Recruitment 2025 Reservations & Relaxations
- Reservations and relaxations for SC/ ST/ OBC (Non-Creamy Layer) / PWD (Degree of Disability 40% or above) candidates will be provided as per Govt. of India guidelines for the purpose.
- Age relaxation for Ex-Servicemen category candidates is applicable per Government of India guidelines.
- The upper age limit is relaxed by 5 years for SC/ST, 3 Years for OBC (Non-Creamy Layer) and 10 years for PWD-UR, 13 years for PWD-OBC (Non-Creamy layer) and 15 years for PWD-SC/ST candidates.
- The age of candidates claiming relaxation under point 8 should not exceed 56 years as on 01.01.2025.
- The OBC candidates who belong to ‘Creamy Layer’ are not entitled for concession admissible to OBC Category and such candidates have to indicate their category as General.
India Post Payments Bank Recruitment 2025 Pay scale and allowances
Here are pay scale and allowances for Regular positions:
| Scale | Basic Pay Scale (in Rs.) |
Approximate CTC (Per Month)
|
| Scale VII | 1,56,500 – 4,340 (4) – 1,73,860 | ₹4,36,271/- |
| Scale VI | 1,40,500 – 4,000 (4) – 1,56,500 | ₹3,91,408/- |
| Scale V | 1,20,940 – 3,360 (2) – 1,27,660 – 3,680 (2) – 1,35,020 | ₹3,16,627/- |
| Scale IV | 1,02,300 – 2,980 (4) – 1,14,220 – 3,360 (2) – 1,20,940 | ₹2,67,876/- |
| Scale III | 85,920 – 2,680 (5) – 99,320 – 2,980 (2) – 1,05,280 | ₹2,25,937/- |
| Scale II | 64,820 – 2,340 (1) – 67,160 – 2,680 (10) – 93,960 | ₹1,77,146/- |
Notes:
- The Cost to Company (CTC) includes allowances such as Dearness Allowance, City Compensatory Allowance, Special Allowance, Fixed Personal Pay, Bouquet of Allowance (@50% of basic pay), NPS, Gratuity, HRA/Leased Accommodation, and Mediclaim Facility.
- If applicable, Performance Pay will be offered per IPPB’s guidelines.
For contractual positions, competitive remuneration packages are offered on par with industry standards.
How to Apply for IPPB Recruitment 2025
- Go to the official IPPB website at https://www.ippbonline.com.
- On the homepage, navigate to the ‘Careers‘ section.
- Select the ‘Gramin Dak Sevak from the Department of Posts to IPPB as Executive Posts‘ option.
- Click on the “Apply Now” button.
- Complete the application form and upload the required documents.
- Pay the application fee as instructed.
- Finally, download your completed application form or take a printout for future reference.
India Post Payments Bank Recruitment 2025 Important Links
| Important Links | |
| Online Application Link: |
Apply Online (Starts On 10 Jan, 2025)
|
| IPPB Recruitment 2025 Notification PDF | Download PDF |
| IPPB Official Website Link: | |
