Bank of Baroda Vacancy Released for FLC Post in Mumbai, Check Details and Apply

Bank of Baroda Vacancy Released for FLC Post in Mumbai: Bank of Baroda has released notification for recruitment of candidates to the post of Financial Literacy Counselor on contractual basis. The job location is Mumbai. Last date to apply is 22 April 2025. There are a total of 1 vacancy for this post.

Eligibility

Qualification: i) A graduate degree from recognized University. Preference should be given to having post graduate degree in the area of Agriculture, Veterinary Science, Sociology, Psychology and Social work.
ii) Should be well conversant with the local language.
iii) Should possess flair for teaching and computer knowledge.

Candidates for the post of FLC counsellor may be selected from open market. Counsellors should have sound knowledge of banking, insurance, investment, Pension, law, finance, requisite communication and team building skills etc.

Experience:
Shall be an ex-banker (Officer cadre) with minimum 5 years of experience in any Nationalized Bank / RRB / Pvt. Bank.
OR
Persons having minimum 5 years’ experience in banking / with related fields, NBFCs / FIs.
OR
Business correspondent / BC-Coordinator with minimum 5 years of experience.
OR
Ex RSETI Director with minimum -3 years of experience / Faculty with minimum 5 years of Experience.

Age:
Maximum Age at the time of appointment on contract should not be more than 64 years subject to good health.

Resident:
Should be resident of respective State preferably from the same District.

Panel may be formed to conduct the interview of shortlisted candidates. (Panel may include Bank’s LDM, DDM of NABARD of respective District, SC/ST representative (Scale-III & above officer from Bank having knowledge of Rural Banking & Regional Manager of the respective Region to recommend the final names for selection to Zone and Zonal Head to take the decision on engagement of the candidate.

Salary

A consolidated remuneration per month will be Rs. 18000/- plus maximum Rs. 5000/- towards conveyance expenses on reimbursement basis (total Rs. 23000/-). The reimbursement of conveyance expenses will be subject to number of meetings/camps conducted per month. Rs. 3000/- if less than -10- camps conducted per month and Rs. 5000/- if more than -10- camps per month. To be eligible for HA the camp conducted should be at least away from the FLC centre and no vehicular facility has been availed from LDM/RO. The entire district will be jurisdiction of the FLC for conducting the camps / meetings and LDM/ RO / base Branch can disallow any claim of HA with justifications. No other allowances/reimbursement of expenses will be admissible.

FLC Counsellor has to submit monthly visit diary of Financial Literacy Camps to the reporting authority viz. RSETI Director/Lead Bank Manager (LDM)/ Br Head of base Branch. Subsequently, LDM/ Base Br Head should submit monthly report to Zonal Manager every month (with a copy to RO) before payment of monthly remuneration. Zonal office will release amount of monthly remuneration on verification of monthly visit diary of FLCs. For a service period of less than one month, the payment will be made on pro-rata basis. Statutory tax deductions to be done as applicable by the paying authority.

Notification PDF and Application Form

• ANNEXURE I Eligibility, Remuneration and Appointment.pdf
• ANNEXURE III Application Form.pdf
• FLC ADVERTISEMENT-RO APPROVAL.pdf