Abhyudaya Co-operative Bank Ltd Invites Application for 15 Management Trainee Recruitment 2021

Abhyudaya Co-operative Bank Ltd Mumbai Last Date: 3rd January, 2022
Official Update | Verified Information

Vacancy Circular No:

Abhyudaya Co operative Bank Limited
invites applications for recruitment of Management Trainee

Management Trainee

Job Location:

Sahakar Sadan
Dattaram Lad Marg Kalachowky
, Mumbai, 400033 Maharashtra
Last Date: 03 January 2022
Employment Type: Full Time

Number of Vacancy: 15 Posts

Abhyudaya Co operative Bank Limited Recruitment 2021
Abhyudaya Co operative Bank Limited Recruitment 2021 Recruitment 2021 Details
Job Role Management Trainee
Education Requirement CA
Total Vacancy 15 Posts
Job Locations Mumbai
Age Limit Age (as on 01.12.2021): Above 30 years - Below 35 years i.e. candidates should not have been born earlier than 01.12.1986 and later than 01.12.1991(both dates inclusive).
Experience Fresher
Salary 35000 - 40000(Per Month)
Posted on 16 Dec, 2021
Last Date To Apply 03 Jan, 2022

Educational Qualification: CA, MBA/PGDM

Applications are invited for Appointment to the post of ‘Management Trainee’ in Abhyudaya Co-operative Bank Ltd.

1. Name of the Post: Management Trainee

2. Vacancies: 15 nos. The bank reserves the right to change the number of vacancies without intimation.

3. Pay Scale & Emoluments /stipend And Bond: 

a) The Stipend for the post of “Management Trainee” for the Two years will be Rs. 35,000/- pm (for First year) and Rs. 40,000/- pm (for Second year). On successful completion of ‘Two year’ term with good appraisal, the selected candidates will be designated as “Management Trainee” and will be placed on probation for one year.

b) They will be subjected to continuous assessment during the probation period. Those candidates who qualify in the assessment as per standards determined by the bank from time to time will be confirmed in the services of the bank and placed in the salary scale of “Manager” having CTC of Rs.9.50 lakh approx.

4. Educational Qualification (as on 01.12.2021): Graduation and C.A./C.F.A. or M.B.A. / M.M.S. / P.G.D.B.M. in Finance/ Marketing/ Business Administration/ Information Technology (full time) from reputed AICTE approved Institute / University. The candidate should have excellent track record from high school. Knowledge of English is required. Preference will be given to candidates with computer knowledge (as per assessment at the time of interview).

Pay Scale:
INR
35000 - 40000(Per Month)

Age Limit: Age (as on 01.12.2021): Above 30 years - Below 35 years i.e. candidates should not have been born earlier than 01.12.1986 and later than 01.12.1991(both dates inclusive).

Selection Procedure

The selection of the candidates shall be made on the basis of the Online Test/Examination and interview. The online Test/Examination will be conducted in English. All the eligible candidates who apply with the requisite fee and whose application are received in time will be called for the Online test/examination, which will comprise the following:

A. Online Test/Examination 160 marks

B. There shall be Negative Marking for wrong answers (0.25 marks will be deducted for each wrong answer).

C. Online test question contents would be as under: Objective type of test.

D. The Scores of Online Examination will be obtained by adopting the following procedure:

i. Number of questions answered correctly by a candidate in each objective test is considered for arriving at the Corrected Score after applying penalty for wrong answers.

ii. The Corrected Scores so obtained by a candidate are made equivalent to take care of the minor difference in difficulty level, if any, in each of the objective tests held in different sessions to arrive at the Equated Scores*. *Scores obtained by candidates on any test are equated to the base form by considering the distribution of scores of all the forms, if the exam is conducted in more than one session.

(iii) Test wise scores and scores on total is reported with decimal points up to two digits.

(iv) Cut off will be applied on the test wise and/or Total Score, as per decision of bank.

1. Call Letters: Candidates will have to visit Bank’s website for downloading call letters for online test. Intimation for downloading call letter will also be sent through email/SMS. Once the candidate clicks the relevant link, he/she can access the window for call letter download. The candidate is required to use

(i) Registration Number/Roll Number,

(ii) Password/Date of Birth for downloading the call letter. Candidate needs to affix recent recognizable photograph on the call letter preferably the same as provided during registration and appear at the examination center with (i) Call Letter (ii) Photo Identity Proof as stipulated in clause 5 above and also specified in the call letter and photocopy of the same Photo Identity Proof as brought in original.

How to Apply:

Closing date for ON-LINE Registration of Application 03/01/2022

1. Candidates To Go To The Bank’s Website Www.abhyudayabank.co.in Click On The Option "Apply Online" In Career Menu Which Will Open A New Screen.

2. To Register Application, Choose The Tab "Click Here For New Registration" And Enter Name, Contact Details And Email-id. A Provisional Registration Number And Password Will Be Generated By The System And Displayed On The Screen. Candidate Should Note Down The Provisional Registration Number And Password. An Email & Sms Indicating The Provisional Registration Number And Password Will Also Be Sent.

3. In Case The Candidate Is Unable To Complete The Application Form In One Go, He / She Can Save The Data Already Entered By Choosing "Save And Next" Tab. Prior To Submission Of The Online Application Candidates Are Advised To Use The "Save And Next" Facility To Verify The Details In The Online Application Form And Modify The Same If Required. Visually Impaired Candidates Should Fill The Application Form Carefully And Verify/ Get The Details Verified To Ensure That The Same Are Correct Prior To Final Submission.

4. Candidates Are Advised To Carefully Fill And Verify The Details Filled In The Online Application Themselves As No Change Will Be Possible/ Entertained After Clicking The Complete Registration Button.

5. The Name Of The Candidate Or His /her Father/ Husband Etc. Should Be Spelt Correctly In The Application As It Appears In The Certificates/ Mark Sheets/identity Proof. Any Change/alteration Found May Disqualify The Candidature.

6. Validate Your Details And Save Your Application By Clicking The 'validate Your Details' And 'save & Next' Button.

7. Candidates Can Proceed To Upload Photo & Signature As Per The Specifications Given In The Guidelines For Scanning And Upload Of Photograph And Signature Detailed Under Point "C".

8. Candidates Can Proceed To Fill Other Details Of The Application Form.

9. Click On The Preview Tab To Preview And Verify The Entire Application Form Before Complete Registration.

10. Modify Details, If Required, And Click On ‘complete Registration’ Only After Verifying And Ensuring That The Photograph, Signature Uploaded And Other Details Filled By You Are Correct.

11. Click On 'payment' Tab And Proceed For Payment.

12. Click On 'submit' Button.


Important Dates:

Published on: 16 December 2021

Last date for application is: 03 January 2022

For more details, please refer to official notification at

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About Abhyudaya Co-operative Bank Ltd

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Official Address
Abhyudaya Co-operative Bank Ltd Sahakar Sadan, Dattaram Lad Marg, Kalachowky, Mumbai - 400 033
Mumbai, Maharashtra
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