PNB Credit Officer Scale I Recruitment 2024-2025

PNB SO Scale-I Credit Officer exam is going to be conducted for the selection of Scale-I Credit Officer in PNB bank. On this page, we will provide Exam Pattern, Exam Syllabus, and Previous papers for PNB SO Scale-I Credit Officer 2024 exam.

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Important Dates

Particulars	Date
Commencement date of on-line application	07.02.2024
Last Date of the online application	25.02.2024
Date of Online Examination	March/ April 2024

Number of Vacancies

Post / s	Minimum Age	Maximum Age (as on 01.01.2024)	Total Vacancies
Credit Officer Scale I	21	28	1000

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Relaxation in Age Limit

Category	Age Relaxation
Scheduled Caste/ scheduled Tribe Candidates	By 5 years
Other Backward classes (OBC) Candidates (Non-Creamy layer)	By 3 years
Persons with Benchmark Disability as defined under “The Rights of Persons with Disabilities Act, 2016”	By 10 years
Ex-Servicemen, Commissioned Officers including Emergency Commissioned Officers (ECOs)/ Short Service Commissioned Officers (SSCOs) who have
rendered at least 5 years military service and have been released on completion of assignment (including those whose assignment is due to be completed within one year from the last date of receipt of application) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency or physical disability attributable to military service or invalidment, subject to ceiling as per Government guidelines	By 5 years
Persons affected by 1984 riots	By 5 years

Eligibility Criteria

Educational Qualifications

Posts

Qualifications

Credit Officer Scale I

Mandatory: Chartered Accountant (CA) from Institute of Chartered Accountants of India Or Cost Management Accountant-CMA (ICWA) from Institute of Cost Accountants of India Or Chartered Financial Analyst (CFA) from CFA Institute (USA) Or Full time MBA or Post Graduate Diploma in Management or equivalent with specialization in Finance from any Institute/ College/ University recognized/ approved by Govt. bodies/ AICTE/ UGC with minimum 60% marks or equivalent grade.

Experience & Job Roles (As on 25.02.2024)

Posts	Experience	Job Roles
Credit Officer Scale I	Mandatory: NIL Desirable: Work Experience in Bank(s)/ FI(s)	Credit Verticals, Corporate Branches, Trade Finance Centres, Finance Division, Corporate Credit Division, Other Credit Division

Note: The level of educational qualification prescribed for the posts is minimum. Candidates must possess above qualifications/ certifications/ post educational qualification work experience  As on closing date of registration i.e. 25.02.2024 and must produce Mark Sheets/ Provisional Certificate/ Degree Certificate/ Course Completion Certificate issued from the University/ College/ Institute and work experience certificate in the relevant field.

Selection Process

Selection will be based on Online Written Test followed by Personal Interview or Personal Interview only, depending upon number of applications received against each post, as per discretion of the Bank.

I. Written/ Online Test: 

In case the Bank decides to conduct Online Test, the same will comprise of as under:

Parts	Name of Test	No. of Questions	Maximum Marks	Duration
Part I	Reasoning	25	25	120 Minutes
	English Language	25	25
	Quantitative Aptitude	50	50
Part II	Professional Knowledge	50	100

Note: For each wrong answer given by the candidate, one fourth of the marks assigned to that question will be deducted as penalty to arrive at corrected score.

Candidates have to qualify all the tests of Part-I and Part-II i.e. Professional Knowledge test will be evaluated only for those candidates who qualify in each paper in Part-I. Minimum qualifying marks in each individual test will be decided by the Bank based on the collective response of the candidates.

II. Personal Interview: 

• Candidates who obtain minimum qualifying marks as decided by the Bank in Part-I will be considered for shortlisting for Interview on the basis of merit prepared as per marks obtained by them in Part-II i.e. Professional Knowledge, provided they fulfil the other eligibility criteria with regard to educational qualification and post educational qualification work experience for the respective post.
• Personal Interview will be of 50 marks. Minimum qualifying marks in interview shall be 45% i.e. 22.50 for SC/ST candidates & 50% i.e. 25 for other candidates.

 Bond Period

Scale	Bond Amount	Bond Period
Scale I	Rs. 1.00 Lakh	3 years

Note: Candidates are advised to note that if selected, they will be required to execute an Indemnity Bond(before joining the Bank) with surety for serving the Bank for a specified period as mentioned below. In case he/she resigns from or leaves/abandons the service and /or neglects in performance of the duty assigned to him/ her leading to termination of his/her service as per rules/ regulations of the Bank before the specified period, he/she will indemnify the Bank up to the extent of bond amount for all the losses, costs, charges and expenses.

PNB SO Scale-I Credit Officer 2024
JMG Scale I Course by Ramandeep Singh
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+91-9067201000

Course Features

Team BankExamsToday is offering is a full-fledged, comprehensive and systematic course for the preparation of Punjab National Bank Credit officer Scale 1 exams:

Daily video classes

Study Material

Live sessions

Unit tests

Special attention to Professional knowledge section from Day 1

5 full-length mock tests 

Interview preparation guide

Syllabus

Reasoning

• Machine Input Out
• Puzzles
• Seating Arrangement
• Order and Ranking
• Inequalities
• Statement and Assumptions
• Statement and Conclusion
• Coding-Decoding
• Cause and Effect
• Statement and Argument
• Venn Diagram/Syllogism
• Blood Relation
• Direction and Distance

English Language

• Reading Comprehensions
• Para Jumbles
• Para Completion
• Vocabulary
• Error Spotting
• Sentence Improvement
• Cloze test
• Rearrangement of sentences

Quantitative Aptitude

• Data Interpretation
• Boats and Streams
• Time and Work
• Time, Speed, and Distance
• Partnership
• Mixtures and Alligation
• Ages and Average
• Profit and Loss
• Percentage and Interest
• Problems on Trains
• Pipes and Cisterns
• Area and Volume
• Number Series
• Linear equations
• Quadratic equations
• Data sufficiency

Professional Knowledge

Module A
Overview of Credit

• Principles of lending
• Credit policy
• Types of borrowers & types of credit facilities
• Credit delivery
• Credit Appraisal
• Credit rating

Module B
Analysis of Financial Statements

• Basics of Financial Statements
• Ratio analysis
• Cash flow statement
• Fund flow statement
• Project appraisal
• Working capital management

Module C
Financial management

• Indian Financial System
• Regulatory bodies in India
• Money market and Capital market instruments
• Time value of money
• Basics of derivatives
• Leverages
• Capital budgeting

Module D
Other credits

• Export Finance
• Priority sector lending
• Non-fund based Credit Facilities
• Government-sponsored schemes
• Retail loans

Module E
Management of Impaired assets

• Documentation
• IRAC norms
• Types of charges
• Management of impaired assets
• IBC 2016
• SARFAESI ACT

Module F
RBI circulars and related laws

• RBI circulars (1 year)
• Companies act
• Contract act 1872
• Banking regulation 1949
• RBI act 1934
• Negotiable Instruments Act 1881
• Payment and Settlement Act 2007