#1
11th April 2016, 10:56 AM
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Andhra Bank PO Bond
Sir I want to get the job of the PO post in the Andhra Bank but before that I want to know that is there any bond system in the bank and if yes then what is the period of bond in the bank
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#2
11th April 2016, 10:57 AM
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Re: Andhra Bank PO Bond
Hey buddy the Andhra Bank is a medium-sized public sector bank, with a network of 2735 branches, 4 extension counters, 38 satellite offices and 2248 automated teller machines as on 30 Nov 2015 and planning to open 100+ branches by 31 March 2016 Well yes there is the bond system in the Andhra Bank fro the PO post as a new joiner A Probationary Officer (PO) in the bank is the starting level appointment for bank officers. The POs have a one or two years probation period during which they are given exposure to various important functions of the bank such as Loans & Advances, Foreign exchange, Credit Rating, Treasury, Risk Management, IT, Marketing etc. Bond contains many conditions but the main condition is that you have to serve the Bank for a minimum period of years including the Probationary Period otherwise candidate has to pay the specified amount and relieve the Bank. Duration of Bond: For Po: Duration of the bond varies for each bank it can be of 1, 2 or 3 years. For Clerk: As of now, there are no financial bond restrictions for clerical posts. Duration of Probation and Bond Period for PO in Public Sector Banks Info is in the below format Bank Probation Period Bond Duration Bond Amount List of Banks which have Probation of 2 years and Bond Duration of 3 Years Allahabad Bank 2yrs 3 yrs Rs. 1,00,000 Andhra Bank 2 yrs 3 yrs Rs. 2,00,000 Bank of India 2 yrs Indian Overseas Bank 2 yrs 3 yrs Rs. 1,00,000 Punjab & Sind Bank 2 yrs 3 yrs Rs. 50,000 Dena Bank 2 yrs 3 yrs Rs 1,50,000 Union Bank of India 2 yrs 3 yrs Rs. 2,00,000 United Bank of India 2 yrs 3 yrs Rs. 1,00,000 Vijay Bank 2 yrs 3 yrs Rs. 2,00,000 Punjab National Bank Na 3 yrs Rs. 2,00,000 |
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