Punjab State Cooperative Bank has issued the official notification for the post of Professional Directors on a co-option basis on their official website on 7 May 2025.
The recruitment drive aims to fill a total of two Professional Director posts. The position is open to eligible candidates with the required qualifications and experience.
To stay updated with the latest government job notifications and central government jobs, candidates can check our website before applying for the Professional Director vacancy. The notification contains information about eligibility criteria, qualification, salary, selection process, and result details. To access comprehensive information regarding the Recruitment, including the details mentioned in the notification, kindly refer to this article.
Table of Content / कंटेंट
1. Vacancy Positions and Salary
2. Job Location and Working Hours
3. Eligibility
4. Professional Directors 2025 : How to Apply?
5. Selection Process / Selection प्रोसेस
6. Application Fees
7. Important Links and Dates
Vacancy Positions and Salary of Professional Directors 2025
Organization Name: Punjab State Cooperative Bank Ltd., Chandigarh
Name of Post: Professional Director (Co-opted)
Vacancies: 2 Posts
Application Mode: Offline (in person or by post)
Job Category: Cooperative Bank Appointment
Job Location: Chandigarh
Salary: No fixed remuneration; sitting fees and TA/DA as admissible to other directors
Last Date to Apply: 31 May 2025 (by 5:00 PM)
Job Location / जगह
The Punjab State Cooperative Bank Ltd., SCO 175-187, Sector 34 A, Chandigarh – 160022
Working Hours / टाइम
Standard working hours as per Bank's governance norm
Eligibility / एलिजिबिलिटी
The eligibility criteria for the post of Professional Directors are based on fit and proper criteria laid down by the Reserve Bank of India and NABARD guidelines. Candidates must have a minimum of five years of work experience in fields such as Accountancy, Banking, Agriculture, Law, Finance, or Business Administration. Those with business relations like audit, legal consultancy, or professional engagements with the bank in the past 3 years are not eligible. Further, the co-opted director must not accept any professional assignment from the bank during their tenure and for two years after demitting office. The candidates must demonstrate leadership, experience, and integrity in banking or financial institutions. Only Indian nationals are eligible. Age criteria have not been explicitly mentioned but professional maturity is expected.
Professional Directors 2025: How to Apply? / अप्लाई कैसे करें ?
According to the Punjab State Cooperative Bank official notification, eligible applicants must submit their application either in person or by post to the Board of Directors Cell, first floor, Sector 34 A Chandigarh. The envelope should be labeled as "Application for Co-option of Professional Directors". Applications should be addressed to The Managing Director, Punjab State Cooperative Bank Ltd., SCO 175-187, Sector 34 A, Chandigarh – 160022 and must reach by 31 May 2025 up to 5.00 P.M.
Selection Process / Selection प्रोसेस
Selection will be made through scrutiny of qualifications and experience in accordance with the RBI and NABARD norms. Final decision lies with the Bank’s Board and applications may be rejected without assigning any reason.
Application Fees / एप्लीकेशन फीस
According to the official notification, there is no application fee required.
Important Links and Dates
Event: Notification Released
Links: Notification link
Official Website: https://apex.pbcoopbank.in/
Last Date: 31 May 2025, up to 5:00 PM
Result / Merit List: To Be Notified
FAQ
Q: What is the post offered?
A: Professional Director (Co-opted) under Punjab Cooperative Societies Act, 1961
Q: How many vacancies are available?
A: Two co-opted positions are available.
Q: What is the last date to apply?
A: 31 May 2025 by 5:00 PM
Q: What is the application process?
A: Submit the application offline in the specified format to the Chandigarh address mentioned.
Q: Will I receive any salary?
A: No fixed salary; only sitting fees and TA/DA will be provided as applicable.
Please note that the provided information is based on the details given in the notification, and it's always advisable to refer to the official document for the most accurate and up-to-date information.
