SBP YOUNG PROFESSIONALS INDUCTION PROGRAM (OG-2) – 8TH BATCH
SBP Banking Services Corporation (SBP BSC)
(Excellent Career Opportunities under 8th Batch of Young Professionals Induction Program (OG-2))
SBP Banking Services Corporation (SBP BSC) was established in 2001 as a wholly owned subsidiary of State Bank of Pakistan. As an operational arm of State Bank, SBP BSC is engaged in managing currency and foreign exchange operations; providing banking services to the government, financial institutions and general public; conducting development finance activities; implementing export refinance and other government subsidy schemes; performing agency functions like sale/purchase of prize bonds, prize money draws, national saving instruments schemes etc. SBP BSC, having its Head Office at Karachi, operates through a network of 16 Field Offices across the country. OG-2
As part of ongoing organizational development/change management program and to strengthen its HR base, SBP BSC invites applications from talented Pakistani/AJK nationals to join it as Officer Grade-2 (OG-2). The job provides excellent opportunities for the right candidates desirous of building long-term career in a dynamic organization.
Young Professionals Induction Program (YPIP) – 8th Batch
Masters or Bachelors Degree with 16 years of education from HEC Recognized universities/institutes or reputable foreign universities in Business Administration, Public Administration, Economics, Commerce, Finance, Accounting, Information Systems & Technology, Mathematics, Human Resources, Agriculture with minimum 60% marks where percentage system applies and minimum 2.5 out of 4.0 or 3.5 out of 5.0 CGPA where GPA system applies. Foreign degree holders are required to submit Equivalence Certificate duly issued by HEC at the time of interview to validate that they possess 16 years of education, failing to do so shall make the applicant ineligible against the said position. Candidates awaiting final results as of last date of submission of applications are not eligible to apply.
Maximum 26 years as of last date of submission of applications to SBP BSC.
Age limit will be relaxed by 03 years for candidates from FATA/Gilgit Baltistan, Balochistan and Azad Jammu & Kashmir.
Age limit will be relaxed by 05 years for existing employees of SBP or any of its subsidiaries subject to meeting other eligibility criteria.
Compensation and Benefits:
During Residential Theoretical Training at NIBAF:
Stipend of Rs. 41,000/- per month
Free Boarding and Lodging
Medical Facility for self
After Appointment as OG-2:
Monthly monetized salary of Rs. 82,000/-
Medical Facility for self and eligible dependents, as per Bank’s rules
In-House Free OPD
In-House Free Pharmacy
OPD/Emergency Treatment at Partner Hospitals/Clinics
Group Term Assurance
Loan Facilities including Personal Loan, Computer Loan, Car Loan and House Building Advance
SBP BSC offers a comprehensive terminal benefits plan for officers selected under YPIP. Upon separation from SBP BSC, a lump sum (including New Contributory Provident Fund and New Gratuity Fund) will become payable to the departing officer based on eligibility, as per Bank’s rules.
Register yourself at the testing agency’s website i.e. www.nts.org.pk.
Take print out of duly filled in “Online Application Form” along with fee deposit slip.
Deposit test fee of Rs. 300/- through printed deposit slip at any designated branch of ABL/HBL/MCB/MBL against the testing services to be provided by NTS.
Note: As per agreed terms, NTS charges Rs. 599/- per applicant for providing testing services. However, in order to encourage young talent from the market and share their financial burden SBP BSC bears 50% of the fee i.e. Rs. 299/-.
Send Application Form along with original NTS copy of deposit slip to Senior Joint Director, Talent Resourcing Division, Human Resource Management Department, SBP Banking Services Corporation, State Bank of Pakistan, I. I. Chundrigar Road, Karachi within 15 days of publication of advertisement in press i.e., April 15, 2019. Mark the envelope with the position applied for.
SBP BSC/NTS is NOT responsible for late receipt of applications through post. Applications submitted in person or sent through email are NOT entertained.
Eligible candidates are sent admit cards by NTS at their postal addresses to appear in the written test to be held at designated test centers.
SBP BSC/NTS uploads the test results at its respective website.
Only eligible applicants are informed of their status as the process moves along.
We are equal opportunity employer.
Incomplete/delayed applications sent through email are NOT entertained.
Misinformation or any attempt to influence the selection process is considered a definite disqualification at any stage of the process for current as well as for all future recruitments in the Bank, even if the candidate is otherwise qualified.
For Job Advertisement in English :
For Job Advertisement in Urdu :
For detailed information :
For Online Application Form :
Last date for Application Submission: Monday, 15th April 2019