The India Post Payment Bank notification was released on September 2022. The notification gave details admit card, eligibility, application details etc. This article at length will give details about them all along with the link to download the notification
About Indian Post Payment Bank
India Post Payments Bank, abbreviated as IPPB, is a division of India Post which is under the ownership of the Department of Post, a department under Ministry of Communications of the Government of India. Opened in 2018, as of January 2022, the bank has more than 5 crore customers.
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 1,55,015 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
| Candidates preparing for the Bank exams can find the following links useful |
IPPB Recruitment Exam Recruitment
The main purpose of releasing the IPPB Recruitment Exam Notification is to make a candidate familiar with the recruitment process, exam dates, selection process, eligibility criteria, salary etc for that respective examination.
Candidates must note that the number of vacancies released for the IPPB Recruitment Exam recruitment is not many which makes cracking the exam even tougher.
IPPB Recruitment Exam Notification
The official IPPB Recruitment Exam notification is released on the Indian Bank website where candidates can download the notification and go through the eligibility details and important dates and then accordingly apply online for the exam.
There are certain things that a candidate needs to keep in consideration while he/she is going through the official notification:
- Check the eligibility criteria thoroughly and make sure that you apply for the exam only if you fulfill the eligibility
- Ensure that you complete the application process on or before the last date to apply online for the IPPB Recruitment Exam
- Go through the syllabus and exam pattern carefully and check for any changes or variations in the pattern of the examination
It is important that every applicant checks the IPPB Recruitment Exam notification carefully before they apply online for the examination as with the increasing competition, the conducting bodies tend to make changes in the recruitment process every year.
India Post Payment Bank Notification-Download PDF Here
IPPB Eligibility Requirements 2022
The eligibility criteria fro each is based on the following:
- Age (as on as on 01-09-2022)
- Post Qualification Work Experience in Officer Cadre
- Minimum Educational Qualification
Each position have their own eligibility criteria which will be explained in detail:
| Post Qualification Work Experience and Age Criteria for Indian Post Payment Bank | ||
| Post/ Designation | Age
(as on 01-09-2022) |
Post Qualification Work Experience in Officer Cadre |
| Manager | 23 to 35 years | 3 Years |
| Senior Manager | 26 to 35 Years | 6 Years |
| Chief Manager | 29 to 45 Years | 9 Years |
| Assistant General Manager | 32 to 45 Years | 12 Years |
| Deputy General Manager | 35 to 55 Years | 15 Years |
| DGM – Program/Vendor Management | 35 to 55 Years | 15 Years |
| Chief Compliance Officer | 38 to 55 Years | 15 Years |
| Internal Ombudsman | Not more than 65 years | —– |
The above designations were for the officer cadre. The job description and the minimum educational qualification for regular vacancies are as follows:
| Job description and Minimum Eligibility Criteria for regular vacancies in Indian Post Payment Bank 2022 | |||
| Functions | Position | Job Description | Minimum Eligibility Criteria |
| Information Technology | AGM
(Enterprise/ Integration Architect) |
1. Define the target architectures, and the
roadmaps and timescales for these architectures to ensure the most effective use of technology and digital services while delivering the required business outcomes. 2. Review and integrate all application requirements, including functional, security, integration, performance, quality and operations requirements. Provide input into final decisions regarding hardware, network products, system software and security. 3. Will work on Target Architecture for digital banking and insurance services using Micro services, API framework, Dev Ops, Cloud Native. 4. Validate & oversee the system integration plan created together with the Solution Architect, head Program Manager and Product teams. 5. Manage the execution of technical integration points between various parties including the group entities and third parties |
1. Bachelor of Engineering/Bachelor of Technology in
Information Technology or Computer Science/MCA. Candidate with MBA/ Post Graduate Degree in Information Technology or Computer Science will be given preference. 2. The Open Group Architecture Framework (TOGAF)/ PRINCE2 Certification is mandatory. 3. Minimum 12 years of experience in Officer cadre in IT as a Technology Architect. (of which) 3 years in banking/Insurance industry on Cloud Architecture/ API frame work/Open Banking/Micro Services/Payment Systems modernization/ SaaS based software industry is mandatory. |
| Information Technology | Chief Manager
(IT Project Management) |
1. Develop a detailed project plan to monitor and track progress.
2. Manage changes to the project scope, project schedule, and project costs using appropriate verification techniques. 3. Assist in the definition of project scope and objectives, involving all relevant stakeholders and ensuring technical feasibility. 4. Ensure that all projects are delivered on-time, within scope and within budget. 5. Establish and maintain relationships with third parties/vendors. 6. Manage a team of IT managers |
1. Bachelor of Engineering/ Bachelor of Technology in Information Technology or Computer Science.
2. Candidate with MBA/Post Graduate Degree in Information Technology or Computer Science will be given preference. Note: Project Management Professional (PMP) Certification is Mandatory Post Qualification Work Experience: Minimum 9 years of experience in Officer Cadre in IT. (of which) 3. Minimum 5 years of experience in the Banking or Financial Services or Insurance industry is mandatory |
| Products | AGM –
Business Solution Group |
Responsible for end–to-end project
management and work towards delivering simplified solutions and providing round the clock support to all users/functional units across the Bank. 2. Providing technical leadership and specialist skills during implementation jointly with Product & Technology team. 3. Job Role will include coordination with various departments/Users, Product team, Ops, IT, System Integrators, Vendors etc. to execute projects as per requirement. 4. Understanding business requirement and converting into detailed system requirements (FSD) for Development, Testing, Implementation 5. Relationship management & engagement with appropriate industry organizations such as NPCI, IDRBT, RBI, UIDAI and other such bodies for product development, integrations and testing related activities. 6. The role will also include customer facing activities and technical ownership of major client specific customization projects. 7. Act as Gatekeeper for all system builds, change requests and overall project Management. 8. Continuously evaluate and update the existing processes with the view of delivering operational excellence. 9. Prepare user guides and train users on newly developed systems. 10. Lead a team of team of highly dedicated professionals working as Analysts/SMEs who will work towards delivering simplified solutions. The position will report in to the Head of Products for the Bank. |
Minimum Educational
Qualification: MBA in Sales/ Marketing. Post Qualification Work Experience: Minimum 12 years of experience in officer cadre in direct Product Management/ Development / Product Technology / Business Solutions / Project Management & Implementation role related to Core Banking Systems and Payments systems covering Card Issuance, Acquiring and/or relevant products like UPI, AEPS, BBPS, Remittances should be conversant with industry grade use cases and must have handled Fintech Alliances. Preference will be given to candidates having direct exposure/work experience in in Banks/Payments network such as NPCI, MasterCard, Visa, Fintechs managing the above mentioned products |
| Products | Chief Manager
– Retail Products |
Define and implement the Bank’s vision for
Customer engagement through the development of relevant and innovative product. 2. Responsible for designing and developing the IPPB retail product offering covering various Products such as IMPS, UPI, AEPS, BBPS, Prepaid Cards, Remittances (Domestic & International), Bharat QR 3. Manage the product development lifecycle by working closely with other members in the product & sales teams and ongoing upgrades and improvisations. 4. Direct responsibility to manage the Product P&L for the Bank for portfolio of existing & future products assigned. 5. Relationship management and engagement with payment networks/industry bodies/regulators such as NPCI, MasterCard, Visa, RBI amongst others. 6. Support research, market evaluations, customer feedback assimilation, industry trends to continuously identify opportunities for evolving and refining the product. 7. Continuously evaluate and update the existing processes with the view of delivering Operational excellence. 8. Comprehend the customer insights to make informed decisions about the existing product portfolio and as an input into the new product development. Execute analytical/modelling scenarios using appropriate tools and with reasonable assumptions (e.g., business cases, synergy estimations, workforce planning) 9. Develop product offerings and engagement model that transcend the full range of customers from urban to rural. |
Minimum Educational Qualification:
Any Graduate with MBA or equivalent Post Qualification Work Experience: Minimum 9 years of experience in Officer Cadre in a Bank/ Financial Institutions of which minimum 4 to 5years in direct Product Management/Development role Process, Policies and SOPs related to Retail/Digital Banking products like Card Issuance, Acquiring and/or payment products like UPI, AePS, BBPS and Remittances. Should be conversant with industry grade use cases and must have handled Fintech alliances. Preference will be given to candidates having direct exposure/work experience in in Banks/Payments network such as NPCI, MasterCard, Visa managing the abovem entioned products |
| Operations | AGM (Operations) | 1. Candidate should be Subject Matter/Domain
Expert of Payment Systems, Settlement and Reconciliations Process. 2. Should have sound knowledge and expertise in handling Settlement and Reconciliation for various Payment systems like RTGS, NEFT, UPI, Rupay, NFS, POS, AEPS, NACH, CTS, PFMS, APBS, BBPS, Micro -ATM, NETC, Insurance related Third Party Products and other major card schemes. 3. Work closely with respective stakeholder (Internal and External) to manage/resolve Technical /Business declines, chargebacks, customer complaints/ disputes. 4. Timely submission of reports to various entities like NPCI, RBI, IBA etc. 5. Transition of bank customers from Conventional channels to Digital channels of the Bank for better customer experience. 6. Ensuring Regulatory Compliance and embedding Govt. agenda in all systems, processes and products. 7. Basic Knowledge in AI/ML and Automation. 8. Handling of Internal and external Audits. 9. Ensure timely knowledge sharing and training digital best practices with Operations team |
Minimum Educational
Qualification: Graduate in any discipline. Note: 1.CAIIB Certification is preferred. 2.Candidate with Post Graduate Degree in Finance/ Commerce will be preferred. Post Qualification Work Experience: Minimum 12 years of experience in Banking Operations/ Financial Services/Payment Systems industry is mandatory. (of which) Minimum of 6 years of experience must be in heading/managing the Payment Domain and Reconciliations. |
| Operations | Operations (Senior Manager) | 1. Assist in GM (Branch Operations) in monitoring the branch operations
2. Prepare reports and analysis and provide support to GM (Branch Operations) in reviewing performance of branches 3. Oversee sales activities undertaken by the field team. 4. Manage Account Opening Processes with strong understanding of Risk and Compliance Process as outlined by Regulators 5. Settlement and Reconciliation of all Payment Systems 6. Able to lead teams across multiple product and processes in back office. |
Minimum Educational
Qualification: Graduate in any discipline. Candidate with Post Graduate Degree in Finance/ Commerce will be preferred. Note: CAIIB Certification is preferred. Post Qualification Work Experience: Minimum 6 years of experience in banking or financial Services industry is Mandatory. (of which) Minimum 3 years of experience in managing branch operations in a Bank operating in technology environment is mandatory. |
| Risk Management | Chief Manager (Fraud Monitoring) | Support in development of required fraud
infrastructure and process to enable internal and regulatory fraud reporting. 2. Develop detailed reports and dashboards of fraud monitoring. 3. Co-ordinate with functions to make sure the fraud control measures are in place. 4. Develop key performance indicators for various functions. 5. Assist in monitoring of fraud risks related incidents. 6. Report Fraud management system alerts. 7. Coordinate with the cross functional teams for closure of fraud alerts generated within the defined SLA’s. 8. Keep abreast with tools and technology for management of operational risk and fraud risk. |
Minimum Educational
Qualification: Graduate in any discipline. Candidate with Post Graduate degree in Risk Management is Preferred. Post Qualification work Experience: Minimum 09 years of experience in Officer grade in banking/Financial Sector. (of which) With at least 05 years of experience in fraud monitoring is mandatory. Note: Forensic audit experience/Certified Information Systems Auditor (CISA) qualified auditor is preferred. |
| Finance | DGM
(Finance & Accounts) |
Develop the Financial Strategy for the Bank,
and ensure compliance to Financial Standards. 2. Ensure all government regulations and requirements are disseminated to appropriate personnel and monitor overall financial and reporting compliance for the Bank. 3. Assess organizational financial performance against both the annual budget and the organization’s long- term strategy. 4. Develop tools and systems to provide critical information to the CEO to help make recommendations on both strategy and operations. 5. Ensure adherence to appropriate Accounting Policy, processes and procedures within the Bank for ensuring integrity of the financial statements and compliance with local (Indian GAAP/RBI) financial accounting & reporting policies/ standards |
Minimum Educational
Qualification: Chartered Accountant (CA) from ICAI. Note: 1. CAIIB Certification is preferred. 2. MBA (Finance) from University/ Institution/ Board recognized by the Government of India/ International University of repute (or) approved by a Government Regulatory Body, is Preferred. 3. CFA Certification from the CFA Institute is preferred. Post Qualification Work Experience: Minimum 15 years of experience in Finance and Accounting department of a bank is mandatory. (of which) 05 years should be at senior management level. Note: Experience in treasury operations is desirable |
| Finance | Manager(Procurement) | 1. Manage the procurement and contracting of
non-IT related material. 2. Analyse and calculate costs of procurement and suggest methods to decrease expenditure. 3. Update and make changes to the Procurement Policy periodically. 4. Prepare Request for Proposal documents for procurement of items and service contracts. |
Minimum educational
Qualification: Graduate in any discipline. Candidate with Post Graduate Degree in finance/ Commerce will be preferred. Post Qualification Work Experience: Minimum 03 years of experience in Officer Cadre is mandatory. (of which) Minimum 02 years of experience in handling Procurement of Goods services in a Government Organization/Public Sector Bank/ Public Sector Undertaking is mandatory. |
To know more in detail about the IPPB Eligibility, visit the linke article
Indian Post Payment Bank Apply Online
Step 1- Indian Post Payment Bank
- Click on the link provided below or visit the official website.
- A new page will appear. New Users will have to register first.
- Click on New User Register
- A new page will appear to enter your mobile no. and email to register yourself.
- An OTP will be sent on your mobile no. and email, fill and click on “Submit”.
- A Login Id and Password will be sent to your registered mobile no. and email id.
Step 2- Login
- Login using the Registration Number and Password. Select the post.
- Fill up other details such as educational qualifications etc. depending upon the educational qualification of the candidate.
- Pay examination fee as applicable, online using Credit/Debit Card or Internet Banking
- Candidates are required to upload their scanned colour photograph and Signature (in English or in Hindi) in JPEG format.
- Login with Registration Number and Password in the link for “UPLOAD” and thereafter, upload the file/scanned filled
- Upload all the required certificates
- Submit the application. Print out the acknowledgement for records
India Post Payment Bank Admit Card
- Visit the official website of IPPB @https://www.ippbonline.com or click on the link given above
- Then click on the career section and see current openings
- In the current opening you will find the link “IPPB GDS Admit Card 2022”
- Click on the link and it will redirect you to the website of IBPS
- Now fill in your registration number/roll number and date of birth/password to login
- Enter the captcha code as it is, to confirm that you are not a robot
- IPPB GDS Admit Card 2022 will appear on your screen
- Now you will find the print option, click on that and download your admit card for further reference
For more details about the IPPB Admit Card, visit the linked article.
Frequently Asked Questions about IPPB Exam
What educational qualifications are accepted for the IPPB Examination?
Is IPPB exam conducted every year?
How will candidates be selected for the IPPB exam?
Candidates can refer to the following links for more information on other bank exams
| Related Links | |
| SBI PO Notifications | SBI Syllabus |
| IBPS PO Notification | IBPS Syllabus |
| RBI Grade B Notification | RBI Assistant Syllabus |
| RBI Assistant Notification | RBI Grade B Syllabus |