BOB Recruitment Bangalore 2020 for FLC Counselors Bangalore Location

BOB RECRUITMENT BANGALORE 2020:- Selection Procedure for FLC Counselors on contract basis for Bangalore Urban District – Yelahanka center.

Bank has decided to hire services of Financial Literacy Centre Counselor (FLCC) at Yelahanka center in Bangalore Urban District, Karnataka.


BOB RECRUITMENT BANGALORE 2020 Advertisement on Bank’s website.

Sr No. Name of FLC Name of Regional Office District State No. of Vacancy
1 Yelahanka Bangalore
Bangalore Urban District Karnataka One

Employment Type:- Permanent



A graduate degree from recognized University. Preference will be given to post graduate degree in the area of Agriculture, Veterinary Science, Sociology, Psychology and Social work.

Should be well known & familiar with the local language.

Should possess proficiency in teaching and proper computer knowledge.

Counselors should have sound knowledge of banking, insurance, investment, pension, law, finance, requisite communication and team building skills etc.

Experience :

Should have banking experience with minimum 5 years in any Nationalized Bank/ RRB/ Pvt. Bank.


Should have min 5 years of experience as a banker with related fields, NBFCs / FIs.


Business correspondent / BC- Coordinator with min 5 years of experience


Retired RSETI Director or faculty with min 5 years of Experience.


Maximum age at the time of appointment on contract should not be more than 64 years subject to good health.


Should be resident of respective state preferably from the same district. Panel may be formed to conduct the interview of shortlisted candidates, (Panel may also include Bank’s LDM, DDM of NABARD of respective District RM/DRM of the respective Region to recommend the final names for selection to Zone and Zonal Head to take the decision on engagement of the candidate.


A consolidated remuneration per month will Rs. 15000/- plus maximum Rs.5000/- towards conveyance expenses on reimbursement basis (Total Rs. 20000/-). The reimbursement of conveyance expenses will be of subject to number of meetings/camps conducted per month Rs. 3000/- if less than10 camps conducted per month and Rs. 5000/- if more than – 10- camps per month. To be eligible for HA the camp conducted should be away from the FLCC centre and no vehicular facility has been availed from LDM/RO. The entire district will be jurisdiction of the FLCC for conducting the camps / meetings and LDM/ RO / Base Branch can disallow any claim of HA with justifications. FLC Counsellor has to submit monthly visit diary of Financial Literacy Camps to the RSETI Director/Lead Bank Manager (LDM)/ Br Head of base Branch Subsequently, LDM/ Base Br Head should submit monthly report to Zonal Manager every month (with a copy to RO) before payment of monthly remuneration Zonal office will release amount of monthly remuneration on verification of monthly visit diary of FLCCs.

Halting/ Travelling Allowance while on tour:-

Halting allowance for FLCC counsellor will be Rs 200/-(if more than -8-hours without night stay) and Rs 500/- (if night stay). It will be in addition to HA as to be paid.

BOB RECRUITMENT BANGALORE 2020 Terms of Appointment:-

Appointment of the counsellors will be on contract basis and shall not exceed one year and Renewal of the contract may be extended by RO based on approval from ZO based on satisfactory performance, subject to annual review.

The Contractual engagement is purely on temporary basis. For renewal of contract, LDM or RSETI Director(as decided by RO) / Br Head of base Branch to recommend the renewal/non-renewal of contract of the counsellor to Region, after that Region further to send its recommendation to Zone. (In case there is no Lead bank/RSETI center, base branch will submit its recommendation to Region) and Zone may take the final decision on the same. Zone to inform the renewal/ non-renewal of the contract of counsellor to corporate office.


The contract may be terminated with notice of one Month from either side.

Renewal of contract may be possible at Bank’s sole Discretion in terms of extant policies and rules.

BOB RECRUITMENT BANGALORE 2020 Key Responsibility Area:-

He/She would be in charge of a particular FLC and would provide counseling at FLC in accordance with the Guidelines of RBI on FLC. He/She shall report to the Concerned Lead District Manager or RSETI Director (to be decided by RO) Base Branch office

BOB RECRUITMENT BANGALORE 2020 Roles & Responsibilities:-

  • To maintain arm’s length relationship with the Author Banks
  • To not give impression that the counselling centers are part of the bank.
  • Not to promote the products of the Bank.
  • Not to given an impression to the general public/banks constituents that the counselling centers are recovery or marketing agents of the bank.
  • To provide counselling services except to wilful defaulters.
  • Impact financial literacy in the form of simple messages like why to save, why save with banks, why borrow from Banks, etc.
  • To provide counselling and debt management services free of cost to the customers clearly so as put no additional burden on them.
  • To provide financial literacy activities to the trainees of rural development and self-employed training institute towards skill development capacity building for

Other Roles & Responsbilities:-

increased earnings/debt repaying ability of the distressed borrower families.

Not to involve themselves in recovering and distributing money. xi. To assist and guide distressed individual borrowers.

Ensure that miss selling of financial products and services does not take place.

Conduct Financial literacy Camps on Digital banking with latest digital banking products

To maintain record.

To arrange awareness campaigns in rural areas.

FLCC has to submit his, tentative quarterly visit schedule to LDM.

Imparting knowledge on various schemes of Govt. of India.

Reporting Authority:-

It should be noted that the selected Counselors should be report to concerned Lead District Manager/RSETI Director/Regional Office (In case of non-lead District) and they will submit monthly report to the Zonal Manager (with a copy to RO) before the payment of monthly remuneration.

Leave entitlement:-

Sanctioning authority for leave and out of pocket expenses will be RSETI Director, in which FLCC is situated. Where RSETI centers are not situated/Non-lead Districts, the sanctioning authority will be Lead District Manager/District coordinator/RO.

The sanctioning authority must submit a statement of sanctions to the Regional head every month.

BOB Recruitment Bangalore 2020:-

5th Feb 2020 (Final Date)

For more information click below Download the Advertisement (BOB RECRUITMENT BANGALORE 2020)


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