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Home Articles

MSC Bank Exam Eligiblility Criteria 2022

by Sreevidya M
March 28, 2022
in Articles, Banking
MSC Bank Exam Eligiblility Criteria 2022
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Table of Contents

  • MSC Bank Exam 2022 Eligibility Criteria
  • MSC Bank Exam 2022 Age Limit
  • MSC Bank Exam 2022 Age Relaxation
  • MSC Bank Exam 2022 Education Qualification
  •  Post Wise Key Skills Required
  •  MSC Bank Exam 2022 Nationality
  • How to Apply for MSC Bank Exam 2022?
  • MSC Bank Exam 2022 Application Fees

The Maharashtra State Co-operative Bank Ltd. (MSC Bank) Mumbai was founded in 1911 and is the state’s largest Apex Cooperative Bank. The bank’s headquarters in Mumbai, six regional offices, and 57 branches serve the whole territory of Maharashtra. Officer Grade-II and Junior Officer (Specialized Officers) positions in the Bank’s Treasury Department are only open to Maharashtra residents. Applicants that satisfy the regulatory criteria should submit their applications online before the deadline at https://www.mscbank.com/careers. All of these jobs require the knowledge of Marathi (written, spoken, and reading). The job, number of opportunities, academic level, experience, age, and other information you should be aware of before applying for the exam are all stated here.

Matter Particulars
Authorized website https://www.mscbank.com/careers
Recruiting organisation The Maharashtra State Cooperative Bank Ltd
State Maharashtra
Posts stated in the employment announcement ·         Domestic Dealer (Officer Grade II)

·         Forex Dealer (Officer Grade II)

·         Mid Office/Back Office (Junior Officer)

Openings as per notification ·         Domestic Dealer -4

·         Forex Dealer -1

·         Mid Office/Back Office – 3

Online application starting on the date 17.03.2022
Exam Method Online
Selection process ·         Online exam

·         Personal interview

The application procedure ends on 31.03.2022
Concluding date for fee compensation 31.03.2022
Hall ticket will be issued on 10 days before the examination
Online examination date The first week of May (Tentative)
Personal Interview will be conducted on Yet to be announced
The age range of candidates as per notice 23 years to 35 years
Monthly salary for each position ·         Domestic Dealer – 60000/-

·         Forex Dealer- 60000/-

·         Mid Office/Back Office- 45,000/-

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MSC Bank Exam 2022 Eligibility Criteria

The official notification has stated certain requirements to consider an aspirant eligible for participating in the recruitment drive. These specifications include age, educational qualification and even nativity. Detailed information about each topic is given below.

MSC Bank Exam 2022 Age Limit

1: What does the acronym "ATM" stand for in banking?

2: What is the primary function of a central bank?

3: Which of the following is a type of digital banking service?

4: What is the full form of "NEFT" in banking terms?

5: What does "KYC" stand for in banking?

    Fill out the form to see the results



    Ready to see how much you know? Take the challenge!

    • Candidates must confirm that they meet the qualifying requirements before applying (viz. age, qualification and experience for the post as of 28.02.2022).
    • The age limits are as shown in the table given here.
    No Name of post Minimum age Maximum age born not

    later than

    born not

    earlier than

    1 Domestic Dealer

    (Officer Grade II)

    23 years 35 years 28.02.1999 28.02.1987
    2 Forex Dealer

    (Officer Grade II)

    23 years 35 years 28.02.1999 28.02.1987
    3 Mid Office/Back Office

    (Junior Officer)

    23 years 35 years 28.02.1999 28.02.1987

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    MSC Bank Exam 2022 Age Relaxation

    No specific age relaxation is mentioned in the official notification for any category

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    MSC Bank Exam 2022 Education Qualification

    The educational qualifications required for these 3 posts are listed in the table below.

     

    No Post Education Qualification Preference Experience
    1 Treasury Domestic Dealer

    (Officer Grade II)

    Graduate/postgraduate degree with concentration in Finance/Mathematics/Statistics from a government-recognized university/institution/board. ·         Preference would be given to those with professional qualifications such as an MBA / PG Diploma in Business Management with a concentration in Finance / International Business / Trade Finance from a government-recognized university/institution/board.

     

    ·         Candidates with computer literacy and Word Processing/Computing abilities are preferred.

     

    ·         JAIIB / CAIIB with a focus on Treasury management.

     

    ·         IIBF offers a certificate/diploma programme in Treasury Management.

     

    ·         Bourse Courses offered by NIBM or other reputable organisations.

     

    ·         Practical skill with CCIL’s NDS OM Dealing systems.

    Work experience in the officer cadre in the Front Office of a Treasury for a minimum of 2-5 years immediately preceding the application cut-off date specified in this announcement is required.
    2 Treasury Forex Dealer

    (Officer Grade II)

    Graduate/postgraduate degree with concentration in Finance/Mathematics/Statistics from a government-recognized university/institution/board. ·         Candidates with professional qualifications such as an MBA / PG Diploma in Business Management with a concentration in Finance / International Business / Trade Finance from a government-recognized university/institution/board will be given preference.

     

    ·         JAIIB/CAIIB with Treasury Management speciality.

     

    ·         The IIBF/FIMMDA offers a certificate course in foreign exchange.

     

    ·         NIBM offers a bourse course.

     

    ·         FEDAI held a seven-day workshop.

     

    ·         Practical skill with electronic trading programmes supplied by CCIL, Thompson Reuters, and various banks, among others.

    Work experience in Forex Treasury for a minimum of 2 years immediately before the application cut-off date specified in this announcement is required.
    3 Treasury Mid Office/Back Office

    (Junior Officer)

    Graduate/postgraduate degree in any field from a government-recognized university/institution/board. ·         Candidates with computer literacy and Word Processing/Computing abilities will be given preference.

    ·         JAIIB

    ·         IIBF offers a certificate programme in Treasury management.

    Work experience in the Officer Cadre of a bank for at least two years immediately before the application cut-off date specified in this announcement is required.
    • For applicants, the qualification (Graduate / Post Graduate) must be from a recognized university with a minimum of 60% in aggregate. In the application, candidates should specify their graduation/postgraduate percentage computed to the nearest two decimals. If a CGPA is given, it should be translated to a percentage and included in the application. If invited for an interview, the candidate must submit a certificate issued by the competent authorities, indicating, among other things, the University’s rules for converting grades into percentages and the percentage of marks obtained by the applicants in agreement with these standards.
    • The education and work experience requirements for the position are the bare minimum. Candidates with a higher degree or job experience in the appropriate subject for more than the necessary number of years will be given preference.
    • The candidate must be in good bodily and mental health and be free of any ailment that would interfere with the effective execution of tasks.
    • Knowledge of Marathi (Written, Spoken, and Reading) is required.
    • Qualified applicants will be eligible for a personal interview when the specifics of the document (s) are verified when they report.
    • If it is discovered or understood at any point of the recruiting process that a candidate does not meet the eligibility requirements and/or has provided any erroneous or misleading information, certificate, or document, or has omitted any material fact (s), his or her candidature shall be revoked. If any of these shortcomings is/are discovered even after the contract is signed, his/her services may be cancelled at any moment.
    • At the time of the interview, all candidates must present self-attested photocopies of certificates proving their educational qualifications and job experience, failing which their nomination will not be counted.

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     Post Wise Key Skills Required

    Each post requires some skills besides the ones mentioned as academic qualifications and job experience. They are listed below.

    Name of the posts Domestic Dealer (Officer Grade II) Forex Dealer (Officer Grade II) Mid Office/Back Office (Junior Officer)
    Key skills ·         Excellent knowledge of domestic trading activities.

    ·         Technical and fundamental analysis skills are required.

    ·         Macroeconomic Fundamentals Analytical Capabilities

    ·         Should be able to conduct trading activities and find profitable long-term prospects.

    ·         Excellent knowledge of Forex trading activities.

    ·         Technical and fundamental analysis skills are required.

    ·         Macroeconomic Fundamentals Analytical Capabilities

    ·         A thorough understanding of accounting, valuation, and regulatory standards, among other things, is also vital.

    ·         Should be able to detect and manage Treasury Department risk.

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     MSC Bank Exam 2022 Nationality

    • Applicants must be a citizen of India
    • Candidates must be permanent residents of Maharashtra State.

    How to Apply for MSC Bank Exam 2022?

    • Before submitting an online application, applicants should scan their photo (4.5cm x 3.5cm), signature (with black ink) and assure that all scanned papers correspond to the requirements specified in the official notification.
    • It is not acceptable to sign in CAPITAL LETTERS. The applicant must sign on white paper using a black ink pen with dimensions of 140 × 60 pixels (recommended) and file size of 10 to 20 kb. the sign should be done by the candidate themselves. The applicant will be disqualified if the signature on the attendance sheet or Call letter, signed at the time of the test, does not match the signature submitted.
    • A recent passport-style colour photograph is compulsory. Make sure the photo is in colour and taken against a light-coloured backdrop, ideally white. With a relaxed expression, look directly at the camera. If the photo is shot on a sunny day, stand with the sun behind you or in the shade so you don’t squint and there aren’t any harsh shadows. If you should utilize a flash, make sure that there is no “red-eye” effect. If you use spectacles, ensure that there are no reflections and that you can see your eyes correctly. Caps and dark-coloured glasses are not permitted. Religious headwear is permitted, but must not conceal your face. The picture has a resolution of 200 by 230 pixels (favoured). The file should be between 20 and 50 kb in size.
    • Make sure you have all of the essential information/documents on hand before paying the application fees online. It cannot be refunded for any reason after payment is made.
    • The candidate will be supplied with separate URLs for submitting their photograph and signature while filling out the Online Application Form.
    • Choose and click on “Upload Photograph / Signature” from the drop-down menu.
    • Select the place where the Scanned Photograph / Signature file was saved by browsing and selecting it.
    • By clicking on the file, you may choose it.
    • Select ‘Open/Upload’ from the drop-down menu.
    • If the file size and format are not as stated, an error message will be displayed.
    • You may check the quality of the uploaded image by viewing a preview of it. If the image is hazy or smeared, it can be re-uploaded to the desired clarity/quality.
    • Have a legitimate personal email address and phone number that you should keep current until the end of the recruitment process. The bank may send an e-mail to the registered e-mail address with instructions on how to download call letters for the examination and other information. If an applicant does not have a valid personal e-mail ID, he or she must create a new e-mail ID and mobile number before applying online and must keep that e-mail account and mobile number active.
    • Candidates should visit MSC Bank’s website at https://www.mscbank.com/careers for further information. To submit the online application, choose the “APPLY ONLINE” choice, which will take you to a different page.
    • To record an application, go to the “New Registration” tab and input details in appropriate boxes (your name, contact information, and email address). The system will produce a Provisional Registration Number and Password, which will appear on the computer screen. The applicant should write down the Provisional Registration Number and Password. The Provisional Registration number and Password will be sent via email and SMS as well.
    • If the applicant is unable to complete the application form in one sitting, the previously entered data can be stored by clicking the “SAVE AND NEXT” tab. Candidates are encouraged to use the “SAVE AND NEXT” option to double-check and make any required changes to the data in the online application form before submitting it.
    • Candidates are advised to carefully fill out and verify the information on the online application since no modifications will be permitted or tolerated after hitting the COMPLETE REGISTRATION BUTTON.
    • The candidate’s name, as well as his or her father’s, husband’s, or other relatives’ names, should be spelt accurately in the application, as they appear on certificates, mark sheets, and other forms of identification. Any change or alteration discovered may result in the candidate’s disqualification.
    • By clicking the ‘Validate your details and ‘Save & Next’ buttons, you may validate your information and save your application.
    • Candidates can now complete the remaining of the Application Form.
    • Before you COMPLETE REGISTRATION, click on the Preview Tab to examine and validate the whole application form.
    • Modify data as needed, then click ‘COMPLETE REGISTRATION’ only after you’ve double-checked that the photograph, signature, and other information you’ve entered are right.
    • Go to the ‘Payment’ tab and make your payment.
    • The payment gateway is connected with the application form, and you may finish the payment procedure by following the instructions.
    • Debit cards, credit cards, internet banking, IMPS, cash cards/mobile wallets are all permitted methods of payment.
    • Please wait for the server to inform you after submitting your payment information in the online application form. to avoid double charge, do not press the back or refresh button.
    • An e-Receipt will be created after the transaction has been completed successfully.
    • PAYMENT FAILURE is indicated by the absence of an ‘E-Receipt.’ Candidates are recommended to log in again using their Provisional Registration Number and Password if the payment fails, and restart the payment procedure.
    • Candidates must print the e-Receipt as well as the online Application Form with fee information. Please keep in mind that if the same cannot be created, the online transaction may have failed.
    • All costs are displayed in Indian Rupees for credit card users. If you use a credit card issued outside of India, your bank will change the amount to your domestic currency at current market rates.
    • Please shut the browser window after your transaction is complete to guarantee the security of your data.
    • After paying the costs, you can print the application form, which includes the fee information.
    • Then press the ‘Submit’ button.

    MSC Bank Exam 2022 Application Fees

    For all categories of applicants, the application cost is Rs.1770/- inclusive of GST. Bank transaction costs for online application fee payment must be paid by the candidate.

    The article has discussed all the major details that should be considered before deciding to apply for the post. And if decided to apply, it gives all the details required for the submission of an online application. Candidates who have all the said qualifications and skills should take up this opportunity. Download the Entri app for attending courses that enhance your chances in bank officers’ recruitment.

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    Sreevidya M

    Post-Graduate in English Language and Literature, freelance writer and an SSC aspirant. Provides updates on notifications, syllabuses and dates for government exams.

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