State Bank Of Pakistan
Young Professionals Induction Program (YPIP) – 8th Batch
Qualification:
Masters or Bachelors Degree with 16 years of education from HEC Recognized universities/institutes or reputable foreign universities in Business Administration, Public Administration, Economics, Commerce, Finance, Accounting, Information Systems & Technology, Mathematics, Human Resources, Agriculture with minimum 60% marks where percentage system applies and minimum 2.5 out of 4.0 or 3.5 out of 5.0 CGPA where GPA system applies. Foreign degree holders are required to submit Equivalence Certificate duly issued by HEC at the time of interview to validate that they possess 16 years of education, failing to do so shall make the applicant ineligible against the said position. Candidates awaiting final results as of last date of submission of applications are not eligible to apply.Age:
Maximum 26 years as of last date of submission of applications to SBP BSC.Age limit will be relaxed by 03 years for candidates from FATA/Gilgit Baltistan, Balochistan and Azad Jammu & Kashmir.
Age limit will be relaxed by 05 years for existing employees of SBP or any of its subsidiaries subject to meeting other eligibility criteria.
Compensation and Benefits:
During Residential Theoretical Training at NIBAF:Stipend of Rs. 41,000/- per month
Free Boarding and Lodging
Medical Facility for self
After Appointment as OG-2:
Monthly monetized salary of Rs. 82,000/-
Mobile/Telephone Allowance
Medical Facility for self and eligible dependents, as per Bank’s rules
In-House Free OPD
In-House Free Pharmacy
OPD/Emergency Treatment at Partner Hospitals/Clinics
Group Term Assurance
Loan Facilities including Personal Loan, Computer Loan, Car Loan and House Building Advance
Terminal Benefits:
SBP BSC offers a comprehensive terminal benefits plan for officers selected under YPIP. Upon separation from SBP BSC, a lump sum (including New Contributory Provident Fund and New Gratuity Fund) will become payable to the departing officer based on eligibility, as per Bank’s rules.
Last date of Application submission is 16-April-2019
Online Registration Click Here
