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.
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.
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.
