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.

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 (http://ibpsreg.sifyitest.com/bmbsep13/) for registration of application will be open from 19-09-2013 to 30-09-2013 (both dates 
inclusive). 

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 http://ibpsreg.sifyitest.com/bmbsep13/ 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

Bhartiya Mahila Bank Selection Process

Bhartiya Mahila Bank Recruitment and Selection Process of Probationary Officers (PO)

Check out the selection process guidelines before apply.

1. Depending upon the category-wise number of vacancies, from among those who apply online, the requisite number of candidates will be provisionally allotted based on merit (combined score out of 100 obtained) in CWE PO/MT-II process

2. Govt. guidelines for reserved categories will be followed. Provisionally allotted candidates will be issued offer of appointment subject to their fulfilling the stipulated eligibility criteria.

3. Once a candidate applies for and is provisionally allotted to the Bank by IBPS, he/she will not be 
considered for provisional allotment to any other organization. 

4. A candidate who does not avail the offer of appointment by the Bank will forfeit her/ his candidature for the process, subsequent provisional allotment, if any. The provisional allotment will be on the basis of the details registered by the candidates in the online application form for CWE PO/MT-II.

Bhartiya Mahila Bank Branches List

Bhartiya Mahila Bank will be having the 25 branches by the End of this fiscal 31-03-2014. It is decided by Reserve Bank of India and Finance Ministry that the Mahila Bank would have the one branch in almost all the region, it is decided to have 500 branches by fourth year of operation.

The blueprint for the operational guidelines of Bhartiya Mahila Bank will be prepared by former Canara Bank CMD M B N Rao. 

It will, however, have to comply with all RBI guidelines and will not offer any concessional rate to women. 

The first Six Branches of Bhartiya Mahila Bank will be opened at  Mumbai, Delhi, Kolkata, Chennai, Indore and Guwahati by October 15.

In future the other location where branches will be opened are Kolkata, Guwahati, Chennai, Bangalore, Jaipur, Lucknow, Mysore and Indore. The proposed bank, to be headquartered at Delhi.