Abhyudaya Co-Operative Bank Ltd Recruitment 2021l ‘Management Trainee’

Abhyudaya Co-Operative Bank Ltd Recruitment 2021l ‘Management Trainee’

1. VACANCIES: 15 nos. The bank reserves the right to change the number of vacancies without 

intimation.

2. PAY SCALE & EMOLUMENTS /STIPEND AND BOND:

The Stipend for the post of “Management Trainee” for the Two years will be Rs. 35,000/- pm (for First 

year) and Rs. 40,000/- pm (for Second year). On successful completion of ‘Two year’ term with good 

appraisal, the selected candidates will be designated as “Management Trainee” and will be placed on 

probation for one year. They will be subjected to continuous assessment during the probation period. 

Those candidates who qualify in the assessment as per standards determined by the bank from time to time 

will be confirmed in the services of the bank and placed in the salary scale of “Manager” having CTC of 

Rs.9.50 lakh approx.

Note: The selected candidates, at the time of joining, will have to execute a Service Bond for the value of 

Rs.Three Lakh Only to serve the bank for a minimum period of 5 years.

3. ELIGIBILITY CRITERIA:

Domicile/Native:

Candidate should be a domicile of Maharashtra/Gujarat/Karnataka and should have been residing 

continuously for 5 years or more in Maharashtra/Gujarat/Karnataka prior to 01.12.2021.

4. AGE (as on 01.12.2021): 

Above 30 years - Below 35 years i.e. candidates should not have been born earlier than 01.12.1986 and 

later than 01.12.1991(both dates inclusive).

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