PGDF Course by Manipal School of Banking : FAQs & Detailed Analysis

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PGDF Course by Manipal School of Banking

Bank of Baroda has issued the recruitment for PGDF Course by Manipal School of Banking . This will be a 1 year Post Graduate Diploma in Banking and Finance course in their Baroda Manipal School of Banking, under the Manipal University.

PGDF Course by Manipal School of Banking

  • We have received a lot of queries regarding the details of the PGDF Course by Manipal School of Banking.
  • Because of lack of information, aspirants are in a state of dilemma that whether they should apply for the Manipal School of Banking or not.
  • If you are also one of those aspirants, this article is for you.

 Here is a list of major Questions, that we received, along with their Answers.

Where is Manipal School of Banking located?

Bangalore.

What Course Does the Manipal School of Banking Offers?

The Manipal School of Banking offers postgraduate diploma in Banking. And once you complete it, you will be awarded a Postgraduate Diploma in Banking & Finance (PGDBF) by Manipal University.

Does Manipal School of banking provides Training for other banks also apart from bank Of Baroda?

Yes, It provides training for other banks also, like

  • ICICI Bank
  • IDBI Bank
  • Syndicate Bank
  • Andhra Bank

Will I get a confirm job after completing the course ?

Yes, if you complete the course and secure the passing marks, you will get a confirmed job.

Will the bank pay my fee amount, or I have to pay it?

No, bank will not pay your fee amount. You have to pay it on your own. But You can finance the course fee by availing Education Loan which will be granted by Bank of Baroda.

What is the Course Fee?

The Course fee is Rs. 3.45/- lakhs, (which includes boarding, Lodging and other fees, etc.) plus service taxes, as applicable.

What is the Course Duration and Plan?

  • The Course duration and plan is as follows:
  • Classroom sessions (Duration of 9 months and having  trimester pattern) to be conducted at the Manipal school of Banking.
  • Internship (Duration of 3 months) at any branch or office (within India) of Bank of Baroda.

Will I get some salary during training period?

No.You will not be getting any salary. But, you will get some stipend which is as follows:

  • Rs. 2,500/- p.m. (9 months Campus period)
  • Rs. 10,000/- p.m. (3 months internship period)

What Salary I will get after The Training is Complete?

  • You will get salary as per the Scale of Junior Management Grade (Scale 1)
  • Also, on successful completion of 5 years of your service, the loan amount of Rs 3 lacs will be paid back to you.
  • And, on completion of 7 years of service, even the notional interest amount (upto Rs. 1 lac) will  be paid back to you.
  • Thus, making it a total “cashless scheme” to make a lucrative Banking career with Bank of Baroda.

What is the Selection Procedure?

The Selection procedure is as follows:

  • Online Test (objective + descriptive)
  • Personal interview.

Is there any Service Bond?

  • Yes, There is a Service Bond for serving the Bank for a minimum period of 3 years from the date of joining Bank’s service.
  • In case you leave the services of the Bank before 3 years, you will have to pay back to the Bank the full amount of stipend received by you during the program, in addition to a notional amount of Rs. 1 lakh.
  • Also, you have to clear your outstanding educational loan dues, if you opted for education loan from the Bank.

Do you have any Question regarding PGDF Course by Manipal School of Banking ,  Post it in the comments section,And we will answer it for you.

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34 COMMENTS

  1. hi sir,
    for Post Graduate Certificate in Banking and Finance course is there any fees charged by baroda manipal college.please advise

  2. If a candidate is not taking education loan and pay the full fees amount upfront, then will there they get any reimbursements after 5 years.??

  3. we would have to live in bangalore itself during this 9 months & attend classes or its like long distance education ( done from home) ?? thanks

  4. Can we personally take admission to the University for this course apart from any bank selection process, if yes then what would be the admission process for that time.

  5. After joining PGDBF 2017 at BOB Manipal school of banking , suppose a candidate discontinues the course within 15 days ,what is the minimal damage amount that will be charged from the candidate ?

  6. When will the result come & when will the class work start from?
    Between the written exam (online) day & the day of joining the PGDBF course i.e. clearing interview, How many days/ months will we get?

  7. so u mean after clearing the interview .. they guarantee the job? i want to know the course and subjects included in theory classes. do we have to give exams, ppt , etc in running course and how many hours of theory classes per day??

    and after the completion of course how long it takes for posting.

  8. Do we need to successfully pass in all the exams before we would be alloted a branch ?? Ans what is the difficulty level of exams ?? Is it MBA finance level ? Thanks

  9. I have given my graduation final yr exam from SMU and waiting for my result which is expected to came in the month of dec.. so sir will be pls tell me for which bank I m eligible for now or after dec???

  10. Sir, I have secured 58.79% (2nd div) in graduation and got 75.60%(1st div) in Post graduation .so am I be eligible to apply for this BOB recruitment of PO-JMGS-I (PGDBF) ?

  11. Is this a cashless scheme, where on completion of 5 years sum of 3 lacs and on 7 years 1 lac is returned to the candidate?

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