Punjab National Bank is hiring Apprentices for its financial year 2024-25. It has released notification for this recently.
But what is an apprenticeship? Is it a permanent job, or any kind of training? Is it useful for me? What salary should I expect?
Don't worry. I have answered all these questions in this blog.
What is Apprenticeship?
Apprenticeships are a work-based learning model where learners have supervised on-the-job training, along with job-related education, all while earning a wage.
Training consists of basic training (theoretical instructions) and practical on the job training at the actual work place.
The person undergoing an apprenticeship is called an Apprentice.
In case of Banks, Apprenticeship is of one year duration, where you attend theory classes, as well as, learn banking procedures at the Bank itself!
During this time, your duties will involve doing important tasks like administrative work and providing various services at the Bank.
Overall, it's a probationary period to learn and gain experience.
Is it different from Internship?
Yes, it is different from an internship in mainly three ways:
1. Time Duration:
Internships are usually short term (1-3 months) and Apprenticeships are longer term (1-3 years).
2. Structure:
Apprenticeships include a structured training plan, with a focus on mastering specific skills an employer needs to fill an occupation within their organization.
Whereas, Internships aren’t structured and often focus on entry-level general work experience.
3. Credential:
Apprenticeships lead to an industry-recognized credential/certificates. Internships typically do not lead to a credential.
Duration of PNB Apprenticeship
This Apprenticeship will be 1 year (52 weeks) long, which will include:
a. 2 weeks Basic Training (theory classes)
b. 50 weeks On-the-Job Training (posted in any branch of PNB)
Will I get any certificate?
This Apprenticeship programme is being conducted jointly by Punjab National Bank (PNB), under National Skill Development Corporation (NSDC) and the "BFSI Sector Skill Council of India (BFSI-SSC)."
BFSI-SSC was started in 2011, with the objective of convening leading organizations within the BFSI (Banking, Financial Services and Insurance) industry to devise strategies and operational plans aimed at establishing standardized skill requirements for various job roles within the banking sector.
Proving successful completion of the apprenticeship involves passing a skill evaluation test (Trade test).
On passing the test, you will get a joint National Apprenticeship Certificate issued jointly by PNB-NSDC/BFSI-SSC.
This certificate will be very helpful in boosting your finance career and getting you an Assistant Manager job in any private sector bank.
Will this Apprenticeship give me a permanent job in PNB?
No this will not give you a permanent job in Punjab National Bank.
But you will definitely get a very good job in private sector banks.
Will I get paid in this Apprenticeship?
Yes, you will get paid!
You will receive a monthly stipend of ₹10,000 to ₹15,000 depending on your training branch's location:
a. For Rural/Semi-Urban: ₹10,000
b. For Urban: ₹12,000
c. For Metro Cities: ₹15,000
However, it's important to note that apprentices do not receive any other allowances or benefits.
Work Profile of a PNB Apprentice:
1. Engage in various administrative tasks to learn how the bank and its different departments function.
2. Receive training in providing after-sale services.
3. Be responsible for completing tasks assigned by supervisors or senior employees.
4. Obtaining insight into the operational mechanisms of the organization, which is crucial for comprehending its functioning.
What are the benefits of this PNB Apprenticeship?
This Apprenticeship programme will boost your career in Banking and Finance Sector.
Some of the benefits are:
1. It will help you in learning everything about the banking, insurance and finance sector. You will be able to make good decisions related to your money and finances.
2. After getting trained in BFSI, you can work independently as a financial advisor, and give advice related to loans and investments to people.
3. Since you are trained in BFSI by one of the leading banks of India (PNB), your value in the market will rise up. You will get a very good job in private sector banks or insurance companies or any company providing financial services. In private banks, you may get posted as an Assistant Manager, with a decent salary.
Overview of PNB Apprenticeship Programme 2024:
Total Seats: 2700
Online Registration of Application: 30.06.2024 to 14.07.2024
Online Examination: 28.07.2024
Final Selection: Till September 2024
Application Fees: ₹944 for General/OBC/EWS, ₹708 for Female/SC/ST, and ₹472 for Physically Handicapped (PwBD).
Who is Eligible?
Educational Qualification: Graduate in any stream from any UGC recognised university. (Before 30th June 2024).
Age limit: 20 years (minimum) to 28 years (maximum). (As on 30th June 2024)
Note:
1. In the case of OBC, you get a relaxation of 3 years in the upper age limit.
2. In the case of SC/ST, you get a relaxation of 5 years in the upper age limit.
3. In the case of Physically Handicapped, you get a relaxation of 10 years in the upper age limit.
Where to Apply?
You will have to register for the apprenticeship entrance examination by visiting the “Career Opportunities” section of www[dot]bfsissc[dot]com, and thereafter you will have to register and complete your profile separately in two different Government apprenticeship portals:
1. NAPS Apprenticeship Portal www[dot]apprenticeshipindia[dot]gov[dot]in (Apprentices Login/ Registration Section), and,
ii. NATS portal www[dot]nats[dot]education[dot]gov[dot]in (Student Register/Login Section)
You will also need these documents to apply:
1. Aadhaar Card
2. Valid Personal Email ID
3. Mobile Number
4. Passport Size Photo (less than 1 MB)
5. Qualifying Degree / Provisional
Certificate (less than 1 MB)
Selection Process:
It consists of a computer based examination, followed by a test of the local language.
The computer based test will be held on 28th July 2024. On the basis of your performance, and your regional preferences, you will be selected for this Apprenticeship.
This exam will be of MCQ type, and its structure will be:
1. 25 questions from General/Financial Awareness (of 25 marks).
2. 25 questions from General English (of 25 marks).
3. 25 questions from Quantitative and Reasoning Aptitude (of 25 marks).
4. 25 questions from Computer Knowledge (of 25 marks).
Total: 100 questions (of 100 marks)
Time Duration: 60 minutes
Negative Marking: -0.25 marks (1/4th)
After getting selected, your knowledge of local knowledge (of the region you selected in your form) will be tested. Qualifying this is very important for appointments.
For Detailed Information (on vacancies distribution), you should visit Bank’s website www[dot]pnbindia[dot]in and click on ‘Recruitment’ to open the link “Online application for engagement of Apprentices: 2024-25”
And to get more such interesting updates on all government jobs, keep visiting my blog!
Here I give you the latest updates of Government exams (SSC, Bank, Railway, UPSC, PCS, etc) and entrance tests (NEET, JEE, CUET, CAT, CMAT, etc). Along with updates, I will give you different career tips, which will help you in securing your future. And all the best for your upcoming exams! #NEET #JEE #CAT #UPSSSC #SSC #IBPS #Railways #NTPC #UPSC #UPPSC #BPSC #SarkariNaukri #CareerTips #Career #YouthCareer
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment