Bank of India (BoI) recruits Business Correspondent

Bank of India (BoI) invites application for the recruitment of Business Correspondent with Any Graduate holders

Company name :Bank of India (BoI)
Posts :Business Correspondent
Qualification : Any Graduate
Salary : NA
No of Post : 01
Location :Kolkata
Last date to apply : 20/9/2014

Details of Post :

Business Correspondent

Bank of India intends to avail the services of NGOs/ MFIs set up under Societies/ Trust Acts, Societies registered under Mutually Aided Co-operative Societies Acts or the Cooperative Societies Acts of States, Section 25 companies, under the Companies Act 1956, registered NBFCs not accepting public deposits, Post Offices, reputed Farmers’ Clubs, Retired bank employees, Ex-serviceman, Retired Govt.

Employees, Retired teachers, Individual Kirana/medical/fair price shop owners, Individual public call office(PCO) operators, Agents of small saving schemes of Govt. of India/Insurance companies, Individuals who own petrol pumps, Authorized functionaries of well-run Self Help Groups in providing financial and banking services through the use of Business Correspondent model.Accordingly, applications are invited for selection of BC for our branches of Badarhat, Biramnagar, Bokchora, Gandharbapur, Khantura, Murarisah Chowmatha, Pifa Bazar, Sajirhat, Mirhati, Bamangachhi, Shibalaya, Basirhat, Sangrampur, Kashimpur, Mahispota(North 24 Parganas) Companir Thek, Kashinagar, Madarhat, Tardah Bazar, Deulihatkhola, Canning, Diamond Harbour, Moydah, Ghatakpukur (South 24 Parganas),Silinda, Hatisala, Bagula, Bethuadahari, Phulia, Tatla, Urban Ranaghat, Chapra, Chakdah Municipality (Nadia).

The Institutions/individuals to be engaged as BC upon selection shall enter into a formal agreement with the Bank at Kolkata Zonal Office which will explain the details of functions that are to be undertaken on behalf of the Bank, the precise terms and scope of the services,compensation etc.The agreement shall include rights,responsibility and expectations of all parties,including the compensation structure and shall include enablingclauses for the Bank to access the records of such entities,wherever considered necessary.They should have the minimum criteria as under a)The individual should be complied with the Know Your Customer (KYC) norms b)The individual should be permanent resident of the areas and have the knowledge of local area and language.c)The Business Correspondent should not be connected to any political parties, religious/communal organizations/groups, does not have any criminal record and no criminal proceedings are pending with police, courts or other authorities. d) The Business Correspondent should not be defaulter with banks/ societies/FI, etc.) Individual should be referred by at least two persons known to the Base Bank Branch and past dealings, if any, with the Bank should have been satisfactory and be identified by local Govt. Authorities)should be well-established, enjoy good reputation and have the confidence of the local people. In case of entity, they should have significant rural presence,satisfactory track record and should be able to generate the funds required for the service.They shouldnot be a Director/or Officer/Employee of the Bank or relative having the same meaning under Sec.6 of the companies Act.1956 in case of individuals and in case of entities be owned or controlled such person(s).


Please note that calling for an application shall not be construed as right for selection and Bank reserves the right to select/reject the case on merit. Interested institutions/individuals are requested to submit application form (which is available at the above mentioned branch)with complete bio data( informationrespect with particular mentioning their location,age,educational qualification,presently banking with,computer literacy,present occupation and experience in the same, annual income etc.) in the respective branch as indicated above during office hours on any working day. Applications with bio data duly completed in all respects should be submitted to the Branch Manager of the above mentioned branch of Bank of India or the Zonal Office Kolkata Zone directly on or before 20 th Sept., 2014.

Important dates to remember :

Last date to apply : 20/9/2014

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