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State Bank of Pakistan Young Professionals Induction Program (YPIP) 2019

Applications are invited to request the 8th batch of 2019 of the State Bank of Pakistan Young Professionals Induction Program (YPIP) 2019of the State Bank of Pakistan. Students from all cities in Pakistan with a master’s or bachelor’s degree with 16 years of education from recognized HEC colleges/universities or accredited foreign universities are eligible to apply.

The monthly stipend during training will be 41,000. All Pakistani students will undergo training in Islamabad. Accommodation will be provided to all students free of charge. After the training, a monthly salary of 82,000 will be granted as Officer Grade 2 (OG 2).

The Induction Program for Young Professionals (YPIP) of the State Bank of Pakistan encourages qualified men and women with diverse academic and cultural backgrounds to apply. The duration of the training will be 12 weeks in NIBAF, Islamabad. Read the full details below.

Table of Contents

  • Country: Pakistan
  • Financial coverage: Paid
  • Eligible Regions: Pakistan
  • Deadline: April 15, 2019
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    Eligibility Criteria :

    Master’s degree or university degree with 16 years of education from universities / institutes recognized by HEC or accredited foreign universities

    Business Administration, Public Administration, Economics, Commerce, Finance, Accounting, Systems and Information Technology, Mathematics, Human Resources, Agriculture with a minimum of 60% qualification where the percentage system

    applies minimum2.5 of 4.0 or 3.5 of 5.0 CGPA where the GPA system is applied. The holders of foreign degrees must present a Certificate of Equivalence duly issued by HEC at the time of the interview to validate that they have 16 years of education; otherwise, the applicant will not be eligible in relation to said position. Candidates who expect final results as of the last application submission date are not eligible to apply.

    AGE:

    Maximum 26 years from the last filing date of applications to SBP BSC.
    The age limit will be relaxed by 03 years for the candidates of FATA / Gilgit Baltistan, Balochistan, and Azad Jammu & Kashmir.
    The age limit will be relaxed in 05 years for existing employees of SBP or any of its subsidiaries, subject to other eligibility criteria.

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    Benefits :

    During residential theoretical training at NIBAF:

    A stipend of Rs. 41,000 / – per month
    Boarding and free accommodation
    Medical installation for oneself

    After the appointment as OG-2:

    Monthly monetized salary of Rs. 82,000 / –
    Assignment of mobile / telephone
    Medical facility for eligible dependents and oneself, according to Bank rules
    Free OPD in the house
    Free pharmacy in the house
    Emergency treatment / OPD in hospitals / associated clinics
    Group term guarantee
    Loan facilities that include personal loans, computer loans, car loans and housing advances.

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    Application Process:

    You have to apply online through the NTS website. Register on the website of the testing agency, ie, www.nts.org.pk. Bring a copy of the completed online application form along with proof of deposit.

    Send the application form along with the original copy of the NTS deposit slip to the Joint Senior Director, Talent Resources Division, Human Resources Management Department, SBP Banking Services Corporation, State Bank of Pakistan, I. I. Chundrigar Road, Karachi

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