Recruitment Process for Executive Trainees
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Questions and Answers

What is the minimum annual CTC for PG candidates offered by the bank?

  • 3.75 lakhs
  • 4.00 lakhs
  • 4.25 lakhs (correct)
  • 5.00 lakhs

What is the primary responsibility of the selected Executive Trainees?

  • Customer acquisition and relationship management (correct)
  • Conducting financial audits
  • Developing banking software solutions
  • Managing bank accounts for high net-worth individuals

Which of the following is a prerequisite for selection as an Executive Trainee?

  • Experience in banking industry
  • Advanced degree in finance
  • Willingness to work in field/rural areas (correct)
  • Membership in a professional banking association

What duration of training will selected candidates undergo after being hired?

<p>1 year (D)</p> Signup and view all the answers

What should candidates maintain in their daily operations according to the job description?

<p>Compliance with regulatory requirements (A)</p> Signup and view all the answers

How long will candidates be placed under probation after their training period?

<p>6 months (D)</p> Signup and view all the answers

What is the bank's policy regarding correspondence after the selection process?

<p>No further correspondence will be entertained (A)</p> Signup and view all the answers

Which skills are emphasized as important for candidates during selection?

<p>Sales and business acumen (D)</p> Signup and view all the answers

What is one of the main criteria for applicants to the Executive Trainee position?

<p>Candidates must have a specialization in Rural Development. (A)</p> Signup and view all the answers

Which banking services does ESAF Small Finance Bank offer?

<p>Internet banking, mobile banking, and safe deposit lockers. (C)</p> Signup and view all the answers

How does ESAF Small Finance Bank contribute to environmental sustainability?

<p>Through energy-efficient products. (A)</p> Signup and view all the answers

What percentage of ESAF's profit is allocated to CSR activities?

<p>5% (A)</p> Signup and view all the answers

What is the primary goal of ESAF Small Finance Bank's recruitment process for Executive Trainees?

<p>To build a team focused on responding to the needs of underserved households. (D)</p> Signup and view all the answers

Which of the following statements is true about ESAF's customer base?

<p>They serve more than 6.5 million customers across various regions. (C)</p> Signup and view all the answers

What approach does ESAF Small Finance Bank prioritize in its operations?

<p>A people-first approach focusing on employee and customer welfare. (B)</p> Signup and view all the answers

What type of educational background is preferred for applicants looking to join ESAF as Executive Trainees?

<p>Engineering or Agri graduates and post-graduates. (C)</p> Signup and view all the answers

What is the maximum age limit for candidates applying for the recruitment process?

<p>26 years (A)</p> Signup and view all the answers

Which of the following graduation backgrounds are considered eligible for the application?

<p>10+2+4 years graduation (C)</p> Signup and view all the answers

What must candidates do if they have backlogs before joining?

<p>They must clear all backlogs before joining. (A)</p> Signup and view all the answers

What is the minimum duration required for a postgraduate course from a recognized university?

<p>Two years (B)</p> Signup and view all the answers

What may happen if a candidate provides incorrect information during the selection process?

<p>The candidature may be canceled. (D)</p> Signup and view all the answers

What is required from candidates as proof of eligibility?

<p>Supporting documents/certificates like Age, Educational qualification (D)</p> Signup and view all the answers

How many semesters or year-wise mark sheets are candidates required to provide?

<p>Mark sheets for each semester/year (B)</p> Signup and view all the answers

What is the condition regarding the completion of the highest qualifying exam for candidates?

<p>Candidates should have completed the exam in the first attempt. (A)</p> Signup and view all the answers

What is the minimum period that selected candidates must commit to serve the bank?

<p>18 months (B)</p> Signup and view all the answers

What will happen if a selected candidate leaves the bank before completing the minimum service period?

<p>They must pay Rs 50,000/- as training costs. (B)</p> Signup and view all the answers

What is required for candidates to successfully upload their resume during the application process?

<p>PDF format (A)</p> Signup and view all the answers

Which of the following is NOT mentioned as part of the job role?

<p>HR Management (C)</p> Signup and view all the answers

What should a candidate ensure regarding the online assessment test environment?

<p>They should have a web camera and be in an isolated place. (C)</p> Signup and view all the answers

Which of the following statements about candidate ratings during the selection process is true?

<p>Ratings are confidential and will not be disclosed. (D)</p> Signup and view all the answers

What should candidates do if they fail to appear in any selection round?

<p>They may request a rescheduled timing for that round on a conditional basis. (A)</p> Signup and view all the answers

What aspect of the application process is specified to provide a registration link?

<p>Candidates who clear the Group Discussion and Online Assessment Test (D)</p> Signup and view all the answers

What is the requested ink color for the candidate's signature when uploading documents?

<p>Blue ink (C)</p> Signup and view all the answers

Which of the following expenses must candidates bear for offline selection stages?

<p>Participation expenses. (C)</p> Signup and view all the answers

What could lead to a candidate's disqualification during the selection process?

<p>Engaging in unfair means at any stage. (D)</p> Signup and view all the answers

What is the consequence of sharing content from the selection rounds on social media?

<p>Candidates will be disqualified from future recruitment processes. (A)</p> Signup and view all the answers

What eligibility criterion must candidates meet regarding criminal records?

<p>Candidates must have no criminal record. (A)</p> Signup and view all the answers

What can candidates expect regarding communication of shortlists and interview updates?

<p>They will be shared with concerned TPOs after each recruitment level. (D)</p> Signup and view all the answers

What does ESAF Small Finance Bank reserve the right to do regarding the selection process?

<p>Make changes to the selection process at their discretion. (A)</p> Signup and view all the answers

What policy is in place regarding canvassing by candidates?

<p>Any form of canvassing will result in disqualification. (D)</p> Signup and view all the answers

Flashcards

Executive Trainee Role

A position for new hires in ESAF Small Finance Bank to train for senior officer roles in the Business Initiative group (BI).

ESAF Small Finance Bank

A bank that serves 6.5M customers with 755 outlets and 2000 touchpoints across 23 states and 2 UT.

Educational Qualification

Engineering or Agri graduates, or postgraduate candidates, preferably in Rural Development, Rural Marketing, or Sales & Marketing.

Customer Base

Over 6.5M customers.

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Banking Services Offered

ATMs, debit cards, safe deposit lockers, internet banking, mobile banking, agent banking, SMS banking, RTGS, NEFT, and CTS.

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Sustainable Banking

Department focused on environmental and social responsibility.

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CSR Activities

5% of the bank's profits are allocated to Corporate Social Responsibility.

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Target Audience

Unserved and underserved households in India.

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Age Limit

Candidates must be 26 years old or younger, born on or after 01-06-1998.

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Nationality Requirement

Only Indian citizens are eligible.

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Backlog Clearance

Candidates must clear all previous outstanding tasks/responsibilities before joining.

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2024-2025 Grads

Graduates of the 2024-2025 academic year are eligible.

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Educational Qualification (Grad)

Graduation candidates must have a 10+2+4 educational background from a recognized university.

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Educational Qualification (Diploma)

Diploma candidates must have a 10+3+3/10+2+3+3 educational background from a recognized university.

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Postgraduate Duration

Postgraduate courses must be at least two years long from a recognized university, following a 10+2+3 undergraduate background.

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Eligibility Verification

Candidates must ensure all provided information is accurate and eligible as per bank criteria. Incorrect or ineligible information leads to removal from application.

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Executive Trainee Posting

New hires will be placed in any branch/office across India, based on available vacancies.

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Minimum Eligibility

Bank can adjust requirements to control the number of applicants.

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Selection Process Decision

Bank's final decisions on eligibility, document review, and selection are binding.

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Executive Trainee Pay Scale

PG candidates earn 4.25 Lakhs, and B.Tech/B.Sc.Agri candidates earn 3.75 Lakhs annually, plus incentives (less deductions).

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Job Description (Core Responsibility)

Acquiring customers, building relationships, boosting branch business, and meeting regulatory compliance.

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Pre-Requisites for Selection (Skillset)

Requirements include oral/written communication, analytical skills, integrity, sales acumen, service orientation, and target orientation.

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Shadow Training

A one-week pre-joining training period for selected candidates before on-boarding.

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Training & Probation Period

One year training followed by six-month probation period for successful trainees.

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Selection Process

Stages like online tests, group discussions, interviews to choose suitable candidates.

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Elimination Stages

Each selection round removes candidates who don't meet the criteria.

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Service Level Agreement

Contract requiring selected candidates to work for a minimum period or pay a fee if they leave early.

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Job Roles

Different positions available like Business Development, Banking Operations, and more.

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Application Process

Sharing details with TPOs, online orientation, registration, updating application forms, and document upload.

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Document Upload Guidelines

Requirements for uploading photos, signatures, and resumes in specified formats.

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System Requirements for Online Assessment

Needs stable internet connection, a webcam, and an isolated testing environment.

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Change Request Policy

Requests to reschedule selection stages are generally not allowed unless a valid reason is provided.

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Rescheduling Selection

Candidates who miss selection rounds due to technical issues or other reasons can request a reschedule.

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Offline Selection Costs

Candidates are responsible for expenses during offline selection stages.

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Bank's Right to Rejection

The bank can reject applications at any stage without explanation.

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Criminal Records

Candidates with criminal records are not accepted.

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Application Deadline

Apply well before the application closing date to avoid last-minute problems.

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Unfair Means Disqualification

Dishonest behavior during the selection process results in disqualification.

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Selection Update Communication

Recruitment updates (shortlists, interview details) are shared with TPOs at each stage.

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Candidate Selection Details

The selected candidate's details are shared with the TPOs after the offer letter is issued.

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Study Notes

Recruitment Process for Executive Trainees

  • Eligibility: Engineering, Agriculture graduates or post-graduates, preferably specializing in Rural Development, Marketing, or Sales. Candidates must have cleared all backlogs. Age limit is 26 years, born on or after June 1, 1998. Only Indian citizens are eligible.
  • Educational Qualifications: Graduation candidates must have completed a 10+2+4 year program from a recognized university. Diploma candidates must have completed a 10+3+3/10+2+3+3 year program from a recognized university. Post-graduates must have completed a two-year course after 10+2+3 years of undergraduate education from a recognized university.
  • Application Period: Applicants must have passed out or be graduating in the 2024-2025 academic year. Documents must be submitted to prove eligibility. Incomplete applications will be disqualified.
  • Document Requirements: Candidates must provide supporting documents for eligibility (age, education, ID proof, work experience). Must include mark sheets for each year/semester. Candidates must have completed the highest qualifying exam in the first attempt.
  • Location: Placement will be in any branch or office of the bank across India.
  • Job Description: Supports the bank through customer acquisition, relationship building, and ensuring portfolio quality. Increases sales through upselling/cross-selling. Maintains regulatory compliance.
  • Job Requirements: Willingness to work in field/rural areas; excellent written and verbal communication skills; good analytical abilities; integrity; good sales and business acumen; service orientation, target orientation.
  • Selection Process: Online assessment test, group discussion, and interview are possible. Shadow training may be required before joining. Selection period up to 1 year with 6 months probation. Candidates who fail to meet requirements during any stage may be disqualified.
  • Compensation & Incentives: Annual CTC: ₹4.25 lakhs + incentives (with statutory deductions) for post-graduate candidates; ₹3.75 lakhs + incentives (with statutory deductions) for B.Tech and B.Sc. Agri candidates.
  • Service Level Agreement: Candidates agree to a minimum 18-month service commitment or pay a ₹50,000 training fee if they leave prematurely.
  • How to Apply: Follow instructions in the invite mail for uploading required documents (recent passport-sized photo, signature, and certificates) and completing the digital application form.

General Instructions

  • No Changes: Requests for changing dates or times for selection rounds are generally not permitted unless valid reasons exist.
  • Technical Issues: Candidates can request reschedule of a selection round if disconnected during an online round.
  • Offline Selection: Candidates bear the expense of participating in offline selection rounds.
  • Disqualification: Bank has the right to reject applications or disqualify candidates at any time without explanation.
  • Criminal Record: Candidates with criminal records are not eligible.
  • Avoid Last Minute: Candidates should apply well in advance to avoid last-minute issues.
  • Unauthorised Fees: No fees are to be paid to vendors or agencies for selection processes.
  • Privacy: Recording or sharing selection round information is restricted.
  • Political Interference: Candidates who engage in political canvassing or bring undue influence will be disqualified.

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Related Documents

ESAF Small Finance Bank Executive Trainee Job Description PDF

Description

This quiz covers the eligibility criteria, educational qualifications, and application procedures for the recruitment of executive trainees. It is essential for candidates interested in applying for these positions to understand the requirements and documentation needed for successful application.

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