AP Mahesh Bank Recruitment 2016

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AP Mahesh Bank released Notification Regrading AP Mahesh Bank Direct Recruitment 2016 . A.P. Mahesh Co-operative Urban Bank Limited has issued a job notification for AP Mahesh Bank Recruitment. It is India’s premier urban co-operative banking institution that intends to recruit qualified and skilled candidates for filling up Manager, Officer and other posts. Job appliers, who wish to make their career in banking sector, may apply for AP Mahesh Bank Recruitment 2016 as soon as possible. The details of AP Mahesh Bank latest jobs alert Employment News, Careers, Vacancy, Syllabus, Interview Date, Interview Time, Admit Card, call Letter, Result, Merit List, etc.., Get more updates from www.freshersjobsway.in

AP Mahesh Bank Direct Recruitment

Name of Post :  
Direct RecruitmentBranch Manager
Marketing Manager
Manager – Concurrent Auditor

Qualification :  
Required qualification criteria for AP Mahesh Bank Careers as shown below in tabular format and Candidate with Post Graduation/MBA/CAIIB will be given preference over others.
Branch Manager & Sub-Manager/Office :
* Must be graduate with excellent track record of achieving the internal management of the Branch  successfully / Business Targets and internal administration of the Branch successfully i.e., entire operations of the branch, including Customer Service.
* Having exhaustive knowledge of Banking Operations particularly in Credit Management.
* Should be well versed with the latest trends/technology in entire banking operations and should have worked as Branch Manager for a minimum period of 3 years in any Bank.
Marketing Manager :
* Must be Graduate with excellent track record in the Sales/Marketing field.
* Having good zeal for achieving the Business Targets, should possess the qualities of Business Development/Sales/Marketing Executive rendering excellent customer service with innovative ideas.
* Should have worked in the relevant field i.e., as Marketing Manager for a minimum period of 3 years in any Bank.
Manager – Concurrent Auditor :
* Appliers must be Graduate and he or she should have exhaustive knowledge of Banking Operations and be well-versed with latest trends/technology in banking operations.
* Having knowledge and experience of Audit & Inspection of Branches including Concurrent Audit, Annual Inspection.
* Should have worked for a minimum period of 3 years in Audit & Inspection of any Bank.

Also Read :   

Age Limit : 
Candidates Candidates upper age limit should not exceed 50 Years (Post 1), 45 Years (Post 2,3), 55 years (Post 4) As On 01-01-2016. Age relaxations will be applicable as per the rules.For Postwise Age Details Go To Detailed Official Notification.

Pay Scale :
Job appliers, who are getting selected for declared posts, may accept an impressive salary packages and he / she will also admissible for many allowances such as dearness allowance, conveyance allowance, house rent allowance and other benefits as per norms.

Selection Process : 
Applicants will be selected on the basis of their performance in test or interview process which will be taken by selection panel of A.P. Mahesh Co-operative Urban Bank Limited.

Also Read  : Interview Tips  

Application Fee :
Application Fee Details Go To Detailed Official Notification.

How to Apply :  
Here we’ve added some guidelines to submit application form before the last date should be reached…
1. Go to official website of organization which is www.apmaheshbank.com,
2. On homepage hit on “Careers” tab which is visible at upper side of web page.
3. Now must read entire details very carefully and you may prepare application form on plain paper typed in “Block Letters”.
4. It must include name of applying applicants, father’s name/ husband’s name, residential address, contact details, valid email address and other details.
5. Affix one recent passport size photograph on top right corner of application form and attach a set of Xerox copies of all documents (if required).
6. After that, filled application form completed in all aspects may sent to below stated address before the last date should be reached.
See More : Hyderabad Jobs
Email Address:padinfo@apmaheshbank.com

Postal Address:
The Dy.General Manager,
A.P.Mahesh Co.op.Urban Bank Ltd,
(Multi State Scheduled Bank)
5-3-989,Sherza Estate,N.S.Road,Osmangunj.
Hyderabad – 500 095(A.P)

Important Dates to Remember :
Last Date To Send Application Form: 12th July 2016

You may get other details about AP Mahesh Bank Direct Recruitment 2016 through this Official Notification .Interested aspirants can stay connected with web portal to achieve latest updates for AP Mahesh Bank.

Also Read : Upcoming AP Mahesh Bank Notifications

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About APMahesh Bank
A.P. Mahesh Co-operative Urban Bank Limited is India's premier Urban Co-operative Banking Institution. The Bank has attained this premier position without compromising the spirit of co-operative principles, while at the same time striving to assimilate and implement newer methods of work organisation and management, with a firm commitment to its objectives.
A P Mahesh Co-operative Urban Bank Ltd. (popularly known as Mahesh Bank) was registered as a Primary Co-operative Society on 30th June, 1977. The Bank has commenced its operations on 9th August, 1978.
Dr. C.Ranga Rajan, the then Governor, Reserve Bank of India inaugurating the function.
The Bank was accorded SCHEDULED STATUS by Reserve Bank of India from 26th October, 1996 - the first Co-operative Bank to be accorded this status in the entire South India. Dr C. Rangarajan, the then Governor, Reserve Bank of India graced the occasion. The Bank has been registered as a Multi-State Co-operative Bank under the Multi-State Co-operative Societies Act, 1984 with effect from 30.05.2001 - again the first Co-operative Bank to achieve this coveted position in South India.
Mahesh Bank presently has 41 branches - 32 in the twin cities of Hyderabad and Secunderabad and one each at Khammam, Warangal in Telangana State, Vijayawada, Guntur, Rajahmundry, Visakhapatnam, in Andhra Pradesh State, Jaipur & Bhilwara in Rajasthan and Mumbai in Maharashtra States Reserve Bank of India acceded to the request of the Bank to open 6 more branches - 3 in the State of Telangana, 1 in Andhra Pradesh, 1 in Rajasthan and 1 in State of Gujarat
Mahesh Bank is the first Co-operative Urban Bank in the States of Telangana and Andhra Pradesh to introduce Core Banking Solution (Anywhere Banking) at all its branches.
The Bank has been granted license to undertake money transfer business and specified non trade current account transactions by the RBI as Authorised Dealer Category-II.
The Capital to Risk Weighted Assets Ratio (CRAR) of the bank stood at 23% as on 31-3-2015 as against a minimum stipulation of 9% prescribed by RBI.
“To make brand “MAHESH BANK” synonymous to trust and reliability, to be a leader amongst the Multi State Scheduled Co-operative Banks in the whole of South India, to provide excellence and personalized services and to contribute to Co-operative movement by making credit available to the customers and more particularly to Individuals and SMEs, thereby contributing to their growth, by striving to maintain Net NPAs at 0% level”.
By the year 2020, Mahesh Bank aims to achieve ambitious Business target of Rs. 10,000 crores, Profit of Rs. 100 crores, Low cost deposit ratio of 30%, CD ratio of 70%, Gross NPAs to be maintained below 3%, Net NPAs at '0%' and 100 Branch and ATM network.
Bank has set an ambitious target of Rs 2800 crore business, PROFIT OF Rs. 28 crores, CD Ratio of 60% Gross NPAs below 3% and continuance of Net NPAs at 0% by the end of March, 2016.
Every effort is being made to achieve the mission – 2020. The bank is in the process of introducing VISA Debit Card facility and e-Lobby.The principal object of the Bank will be to promote the interests of all its members to attain their social and economic betterment through self-help and mutual aid in accordance with the Co-operative Principles.
The objects of the Bank shall be to engage in any one or more of the forms of business enumerate in Section 6 as amended by Section 56 of the Banking Regulation Act, 1949 and in particular to carry out the following forms of business:
To do banking business on Co-operative Principles by accepting for the purpose of lending or investment of deposits of money from members as well as the public, repayable on demand or otherwise and withdrawable by cheque, draft, pay order or otherwise.
To raise funds by issue of shares and/or any other securities as permitted by the Regulatory Authority.
To encourage thrift, self-help and co-operation among members.
To prevent members from falling into permanent indebtedness and to assist them financially in times of difficulty and to help them to get out of debt.
To engage in any one or more of the following forms of business namely:
(i) The borrowing, raising or taking up of money;
(ii) The lending or advancing of money to members either upon or without security;
(iii)The drawing, making, accepting, discounting, buying, selling, collecting and dealing in bills of exchange, hundies, promissory notes, coupons, drafts, bills of lading, railway receipts, warrants, certificates, scrips and other instruments and other securities whether transferable or negotiable or not;
(iv)The granting and issuing of letters of credit, travellers` cheques and circular notes and to do all forms of foreign exchange business;
(v) The buying, selling and dealing in bullion and species on behalf of member customers;
(vi)The acquiring, holding, issuing on commission, underwriting and dealing in stock, funds, shares, debentures, debenture stock, bonds, obligations, securities and investments of all kinds;
(vii)The purchasing and selling of bonds, scrips of other forms of securities on behalf of constituents or others, the negotiating of loans and advances.
(viii)The receiving of all kinds of bonds, scrips and valuables on deposit or for safe custody or otherwise;
(ix)The providing of safe deposit vaults;
(x) The collecting and transmitting of money and securities;
(xi) Acquiring and holding and generally dealing with any property or any right, title or interest in any such property which may form the security or part of the security for any loans and advances or which may be connected with any such security;
(xii) Carrying on and transacting guarantee and indemnity business, on behalf of the constituents in the ordinary course of banking business and to provide necessary cash margin to facilitate such business;
(xiii) Opening Branches, Extension Counters and Sub-Officers or any Office and ATM centers or to have arrangement of ATMs of other Banks etc. as per the norms of the Reserve Bank of India.
(xiv) Subject to the previous approval of the Central Registrar establishing and supporting or aiding in the establishment and support of associations, institutions, funds, trusts and conveniences calculated to benefit members, employees, ex-employees of the bank or the dependents or connections of such persons granting pensions and allowances and making payments towards insurance, subscribing to or guaranteeing monies for charitable benevolent object or for any exhibition or for any public, general or useful object;
(xv)Undertaking and executing trusts, undertaking the administration of estates as an executor, trustee or otherwise, with the previous permission of the Central Registrar;
(xvi)The acquisition of land/buildings, construction, maintenance and alteration of any land/building or works necessary or convenient for the purposes of the Bank;
(xvii) To act as Insurance Agent as per norms of RBI and IRDA;
(xviii)To promote one or more subsidiary institutions which may be registered under any law for the time being in force for the furtherance of its stated objects;
(xix) Any other form of business which the Central or the State Governments may specify as a form of business in which it is lawful for a banking institution to engage;
(xx) Doing all such other things as are incidental and conducive to the promotion or advancement of the business of the Bank;
To amalgamate with another Bank with same or similar objects;
To engage in Credit/Debit cards;
To do merchant banking business;
To takeover another society with similar object;
To develop market information system, logo brand promotion, quality control and technology up gradation;
To enter into participation, consortium arrangement with bank/s or financial institutions with objects of making loans and advances;
To act as agents for collection of moneys of various government quasi government and statutory bodies.
AP Mahesh Bank Recruitment 2016 AP Mahesh Bank Recruitment 2016 Reviewed by Ramesh Reddy on 00:23:00 Rating: 5
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