Central Bank of India Recruitment of Incharge/Counselor for Financial Literacy Centers (FLCs)

Central Bank of India, a leading public sector bank with a vast network of over 4,500 branches, invites applications from eligible candidates for the engagement of Incharge/Counselor for Financial Literacy Centers (FLCs) on a contractual basis. The positions are available in Chhindwara, Pandhurna, and Balaghat. This recruitment aims to enhance financial literacy by appointing experienced professionals who can guide and educate individuals on banking and financial services.

Important Dates

• Last Date for Receipt of Application: 09th July 2025
• Interview Date: To be notified later (eligible candidates will be informed)

Application Fee

• No application fee is required for this recruitment process.

Vacancy Details

Central Bank of India is hiring Counselors for FLCs in the following locations:

Eligibility Criteria

Age Limit

• Candidates must be above 45 years and below 65 years of age.
• Should be in good health.

Educational Qualification

• Essential:
  • Graduate in any discipline from a recognized university.
  • Computer literate with proficiency in MS Office, internet usage, and typing in the local language.

Experience Required

• Retired/VRS-opted bank officers (Scale I & above) from nationalized banks, including SBI & RRBs, will be preferred.
• Ex-Servicemen or other professionals (e.g., Government School Teachers) with banking knowledge and financial services expertise can apply.
• Candidates must have an unblemished service record with at least 10 years of experience as an officer/permanent employee.
• IIBF certification in relevant courses is desirable.
• Residency: Applicants should be residents of the same state, preferably the same or nearby district.
• Communication Skills: Excellent command of the local language is mandatory.

Pay Scale & Contract Details

• Contract Period: 1 year (extendable based on performance and bank’s discretion).
• Monthly Remuneration:
  • For retired bank officers: Last drawn pay & allowances (minus pension) or ₹25,000/- per month (whichever is lower).
  • For non-pensioners (Ex-Servicemen/others): Fixed ₹25,000/- per month.
• Additional Allowance: ₹1,000/- per month for mobile and conveyance.
• Leave Policy: 15 days per year (max 2 days per month).

Selection Process

• Eligible candidates will be called for a personal interview.
• The bank’s decision on selection will be final and binding.

How to Apply

1. Download the application format (Annexure-A) from the official notification.
2. Fill in the required details accurately.
3. Superscribe the envelope with:
   “Applying to serve as FLC’s Contract Counselor – bridging gaps in learning and opportunity through personalized mentorship.”
4. Address applications to: Central Bank of India.
5. Hand-delivered applications will also be accepted.