Central Bank of India Recruitment 2025

Central Bank of India - Engagement of Retired Public Sector Bank Officers as Faculty Members (Contractual Basis) FY 2025-26

Central Bank of India invites applications from retired Scale II/III/IV Public Sector Bank Officers for engagement as Faculty Members in Centres for Learning & Development (CLDs) on a contractual basis for the financial year 2025-26.

Headquarters Address

Notification and Official Website

• Official Website: www.centralbankofindia.co.in
• Official Notification Link: Download PDF Notification

Designation Details

The Central Bank of India is looking to engage retired Public Sector Bank Officers on contractual basis as Faculty Members in its Centres for Learning & Development.

• English Designation: Faculty Members (Retired Public Sector Bank Officers - Scale II/III/IV)
• Hindi Designation: फैकल्टी सदस्य (सेवानिवृत्त सार्वजनिक क्षेत्र बैंक अधिकारी - स्केल II/III/IV)

Vacancy Locations and Number of Vacancies

Location Details for Application Submission

Important Dates

• Opening Date of Applications: 30 April 2025
• Last Date of Receipt of Applications: 18 May 2025

Eligibility Criteria

1. The officer must have superannuated before 01.05.2025 from Central Bank of India or other Public Sector Banks either as a Scale II, III or IV officer after attaining the age of 60 years.
2. The retired officer must have a proven track record of expertise in specific banking domains such as credit, risk management, treasury, operations, etc.
3. The retired officer should have at least two years of training experience.
4. The officer should have retired with a good track record; no major punishment or penalty should have been imposed during five years preceding retirement, and no minor punishment or penalty during three years preceding retirement.
5. The officer must not have been named in the Doubtful Integrity List during five years preceding retirement and should have no criminal record.
6. Officers who opted for voluntary retirement, resigned, suspended, dismissed, terminated or left the bank other than by superannuation are not eligible.
7. The retired officer should be of sound health.
8. The retired officer should not be more than 63 years of age as on 01.05.2025.

Age Limit

• Minimum retirement age: 60 years (superannuation)
• Maximum age to apply: 63 years as on 01.05.2025
• Contract will be terminated on attaining 65 years of age

Contract Period

• Initial engagement term will ordinarily be for one year.
• Contract may be extended based on task review, performance and Bank’s requirement but not beyond age 65.
• Agreement terminates automatically upon reaching age 65.
• During the contract period, the retired officer shall not undertake any assignment with any other organization.

Fixed Monthly Remuneration and Allowances

Note: Besides the above remuneration, no other benefits shall be payable.

The reimbursement of expenses on official travel will be as per Middle Management Grade Scale III rates, irrespective of the scale at the time of superannuation.

Office Timings and Working Days

Retired officers engaged on contractual basis shall follow working hours applicable to bank officers. Attendance is usually required on all working days but may also be called for duty on Sundays, holidays including gazetted holidays or beyond working hours without any extra remuneration.

Application Process

1. The application form (Annexure I) is attached with the official notification.
2. The envelope should be superscribed with:
   “Engagement of Retired Public Sector Bank Officers (Scale II/III/IV) as Faculty Members in Centres for Learning & Development on Contractual Basis - FY 2025-26”.
3. Submit the completed application along with relevant documents at the address below:

Applications received after 18 May 2025 or incomplete applications will be rejected.

Reservation Details

Reservation details are not mentioned in the notification.

Application Fees

No application fees mentioned in the notification.

Selection Process

The notification does not provide explicit details about the selection process. Selection is likely based on eligibility, experience, and Bank’s discretion.

Helpline Numbers and Contact Information

• Contact Numbers: 022-6145 8016, 022-6145 8020, 022-6145 8045
• Correspondence Address:
  General Manager - Learning & Development Department,
  Sir Sorabji Pochkhanawala Bankers’ Training College,
  Sant Gyaneshwar Marg, JVPD Scheme, Juhu Vile Parle (West),
  Mumbai, Maharashtra – 400056, India

Additional Important Notes

• Working hours and days will follow the Bank’s norms; the faculty may be called on any day including holidays without extra remuneration.
• Travel expenses reimbursement will be made as per Scale III Middle Management Grade rates.
• Contract period is generally for one year with possible extensions subject to performance and Bank’s need.
• Retired officers must not undertake any other assignment during the contract period.