Monday, February 23, 2015

10th Bipartite Wage Settlement Arrear Calculator

10th Bipartite Wage Settlement Arrear Calculator - IBA agrees on 15% hike on wage settlement for Bank union demands. 

The IBA has agreed to pay the bankers the hike of 15% on basic pay including merging of 60.15% Dearness allowance to basic pay.

Calculate the New Revised Salary for 10th Bipartite Settlement : Click Here

Wednesday, June 11, 2014

Careers - Bharatiya Mahila Bank Recruitment 2014

Bhartiya Mahila Bank (BMC) invites application for recruitment of various posts with banks.Eligible candidates can apply online from 04-06-2014 to 18-06-2014.

1. Chief Manager -Head of IT Strategy, Governance, Service Quality compliance: 01 Post
2. Chief Manager – Head IT Security: 01 Post
3. Chief Manager- (Head IT planning, Budgeting and Vendor Management): 01 Post
4. Chief Manager- (Head IT Project Management): 01 Post
5. Chief Manager (Chief Economist): 01 Post
6. Chief Manager –(Human Resource Development): 01 Post
7. Senior Manager -Legal: 01 Post
8. Senior Manager – Civil Engineer: 01 Post
9. Senior Manager – Architect: 01 Post
10. Senior Manager – Forex Dealer: 02 Posts
11. Manager-Agriculture/ Rural Development: 12 Posts
12. Manager- Official Language: 01 Post
13. Manager- Security: 01 Post
14. Manager Marketing & Business Development: 15 Posts
15. Manager Credit: 05 Posts
16. Senior Branch Manager: 60 Posts
17. Manager-General Banking Operations: 120 Posts

Wednesday, September 25, 2013

Bhartiya Mahila Bank Will Use Pay Per Use CBS System Model

What would be the IT infrastructure Model for first women bank in India i.e. Bhartiya Mahila Bank

Mahila Bank will be the first Indian Bank to use Pay Per Use Core Banking Transaction solution.

Top It industry giants  like Infosys, US-based technology firm FIS Global and Polaris Financial Technology — are looking for the CBS projects based on the per-usage payment system.

The selected IT service provider will own the hardware and software of the entire bank and will be paid on a per-branch-per-month basis. 

The benefit of using this model is that  "The model would help the bank avoid making upfront investment in technology".

There are only few departments like Income Tax are using this model. SBI Capital is the consultant for the Bhartiya Mahila Bank.

Salary Structure of Women PO in Bhartiya Mahila Bank

What would be the Salary of Women Probationary Officers (PO) in Bhartiya Mahila Bank (BMB) ? 

A natural question in the mind of applicant, apply for PO post with Mahila bank. 

The salary structure of PO in mahila bank will be similar to other Nationalized bank but the other perks and benefit are not decided yet. Hopefully that would also be paid as like other nationalized bank.

Calculate the Revised Salary after 10th Bipartite Settlement : Here

SCALE OF PAY :- Rs. 14500 – 600 x 7 / 18700 -700 x 2 / 20100 – 800 x 7 / 25700.

Emoluments :-

At present, initial monthly emoluments of Junior Management Grade/ Scale I Officers, including DA, HRA & CCA are approximately ` 24450/- in a Metropolitan Centre. Allowances may vary depending upon the place of posting.

In addition, Conveyance, Medical Aid, LTC and Retirement Benefits are admissible, as per rules of the Bank, in force from time to time.

How To Apply Online For Bhartiya Mahila Bank PO ?

Follow the step by step process for apply online the recruitment of Probationary Officers (PO) with Bhartiya Mahila Bank (BMB).

The link ( for registration of application will be open from 19-09-2013 to 30-09-2013 (both dates 

The guidelines for filling online application are as follows:

1.  All applicants should have a valid personal e-mail ID and it should be the same e-mail ID registered for CWE-PO/MT-II. This e-mail ID should be kept functional till completion of this recruitment process.

2. Candidates are required to visit log-in using their Registration Number & Password issued for CWE 
PO/MT-II, fill in the details and submit the online application form. 

3. Once the application is submitted, the details cannot be modified. After completion of online registration, take system generated print-outs 
of Registered Online Application. The application once made will not be allowed to be withdrawn.

If provisionally allotted, the candidates have to bring the originals of the following documents along with self-attested copies of the documents, for verification:

(i) Print-out of Online application submitted to the Bank with Photo & Signature affixed at appropriate place

(ii) Print-out of Online application submitted for CWE PO/MT-II 

(iii) Proof of Date of Birth along with proof of certificate for applicable age relaxation, if any 

(iv) Certificates and Mark Lists from SSC / SSLC / X std, 10+2 / PUC / Intermediate, Graduation or any equivalent qualification as such recognized 
by Central Government / Post Graduation, etc.(v) Caste Certificate in case of SC/ST/OBC category candidates & Disability Certificate in case of PWD candidates

(vi) Experience Certificate, if any

(vii) Any other relevant documents in support of identity and eligibility

(viii) Any other documents as stipulated by the Bank