IPPB Recruitment 2023 for Executives | 132 Posts | Last date: 16 August 2023

IPPB Recruitment 2023


India Post Payments Bank Limited (IPPB) has been setup under the Department of Post, Ministry of Communications with 100% equity owned by Government of India having presence all over India which aims to utilize all of India’s 1,59,015 post offices as access points and 3~Lakh Postmen and Gramin Dak Sewaks (GDS) to provide doorstep banking services. IPPB is leading the next revolution of banking and financial literacy and this new model will pave the way for India’s largest banking network to reach each and every corner of the nation

In order to support our future growth and transformation challenges, IPPB is inviting applications from qualified, energetic and dynamic candidates who will be appointed as Executive on contractual basisthrough online application mode as per details given below. Interested candidates who fulfil the eligibility criteria may apply online from 26.07.2023 to 16.08.2023 by visiting our website www.ippbonline.com. No other mode of application will be accepted.


(i) Opening date for On-line Registration of Applications 26.07.2023: 10.00 AM

(ii) Last date of On-line Submission of Applications with Fee 16.08.2023: 11.59 PM

NOTE: Detailed instructions may be referred at the time of applying online application. Candidates in their own interest are advised, not to wait till the last date & time for applying online. IPPB shall not be responsible, if candidates are not able to submit their applications due to last time rush.

Abbreviations used: UR: Un-reserved, OBC (NCL): Other Backward Classes (Non-Creamy Layer), EWS: Economically Weaker Section, SC: Scheduled Caste, ST: Scheduled Tribe, PWD: Persons with Disability, OC: Orthopedically Challenged, VI: Visual Impairment, HI: Hearing Impairment, PSB: Public Sector Bank, PSU: Public Sector Undertaking.



Summary of State-wise break-up of 132 vacancies has been tabulated below. However, details of these 132 locations are furnished in Annexure-I.

Job description and Minimum Eligibility Criteria:


Job Description

  • Achievement of Monthly revenue targets through direct sales of Bank’s products.
  • Organize customer acquisition events and run campaigns in the area under Branch/ Office jurisdiction to increase financial literacy.
  • Conduct periodic training and education sessions for Business Correspondents (Individual/Dept of post End users) on IPPB products and services.
  • Operate seamlessly with Dept. of Post End users and counterparts to drive Business of IPPB products and third-Party sales.
  • Assist Individual & Corporate Business Correspondents in acquiring new customers for IPPB and its Partner Organizations.
  • Acquire, grow and retain customer relationships.
  • Develop and manage the strategic relationship with all channel partners to drive sales and disseminate marketing information, events, training and promotions which will facilitate meeting the Bank’s business goals.
  • Adhere to all operational guidelines & compliances of the bank and responsible for submission of periodical reports/returns.
  • Any other duties assigned by the Bank from time to time.

Minimum Eligibility Criteria

Minimum Educational Qualification: Graduate in any discipline. Note: The candidate with prior experience in sales/operations of financial products would be preferred

Period of Contract:

The contract would be initially for a period of 01 year and this may be reviewed for extension on Year-to-Year basis for a further period of 02 years, subject to satisfactory performance. The Maximum duration of this contract would be three (3) years.

Selection Process:

a) Selection will be made on the basis of Online Test and or Group Discussion and or Personal Interview. Merely satisfying the eligibility norms do not entitle a candidate to be called for Interview/Group Discussion or Online Test.

b) IPPB reserves the right to call only the requisite number of candidates for the Assessment/ Interview/ Group Discussion or Online Test after preliminary screening/ short listing with reference to candidates’ qualification, experience, profile vis-a-vis job requirements, etc.

c) Results of the candidates who have qualified for various stages of the recruitment process and the list of candidates finally selected will be made available on the website. Final select list will be published on the website.

Pay and allowances:

a) The Bank shall pay a lump sum amount of ₹30,000/- (rupees thirty thousand only) per month inclusive of statutory deductions.

b) Tax deductions will be done as per Income Tax Act, considering the amendments from time to time.

c) Executives engaged in business activities may be paid incentives by Bank based on their performance.

d) Executives may be paid annual increment of their Lump sum pay as decided by the Bank from time to time.

e) Further, it is clarified that no other pay/allowances/bonus etc. shall be paid except those mentioned above.

Job Location

a) All candidates shall submit their preferred location out of the various locations as furnished in Annexure-I, in the online application. Candidate can choose three locations of their preference in the online application. In addition to three preferential locations the candidate may also opt option of serving anywhere in India.

b) The candidate shall not submit more than one application. Multiple applications will be summarily rejected.

c) Based on the marks scored in the selection process, the candidates shall be allotted preferred location subject to their successful qualification of the selection process. Change in the data already submitted by the candidate in the application form shall not be permitted. d) In the event of two or more candidates having obtained the same score in selection process, merit order shall be decided as per the date of birth of the candidates.

Application Fee / Intimation Charges (Non-Refundable)

Important Links
Official NotificationClick Here
Apply OnlineClick Here


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