RECRUITMENT OF ASSISTANT MANAGER

Last date of Receipt of Application: 03/12/2022

Cent Bank Home Finance Ltd (Subsidiary of Central bank Of India) a leading Housing Finance
Company having 21 Branches and 6 SPOKE locations spread across Pan India, invites
applications from eligible candidates for the post of Assistant Manager(s) for - Sales, Credit &
Recovery. The placements for the above post are located at Surat, Ahmedabad and at
Vijayawada.

About Us

We are a leading Housing Finance Company and subsidiary of Central Bank of India, jointly
promoted by NHB, HUDCO & SUUTI, for providing long term housing finance for
construction/purchase of residential houses/flats, Top-up Loan, Mortgage Loan, Loan
Against Property and Loan for Purchase of Commercial Property and has presence across
location.

How to Apply

You are required to fill the application form along with a Demand Draft (DD) worth Rs.1000/-
for General/PWD/EWS category and Rs.300/- for SC/ST/OBC category in favour of Cent
Bank Home Finance Limited, payable at Mumbai and submit the application to our
Corporate Office at Cent Bank Home Finance Ltd, Central Bank of India Building,
MMO, 6th Floor, MG Road, Flora Fountain, Fort, Mumbai-400023 on or before
03/12/2022, the application form is attached at the end of this advertisement.
• Please note that this application fee is non refundable.
• You must write your name and designation applied for, on the reverse side of DD.
• You must paste your latest color passport size photograph and sign across it.
• Applications received after expiry of submission date will not be considered for
recruitment.
• Reservation norms will be complied as per GOI guidelines.

The Candidates should have the following qualification and eligibility criteria:

Position / Designation Assistant Manager

Age Age minimum 25 years and maximum 35 years with
relaxation of five years for SC/ST candidates and three
 years for OBC candidates in maximum age criteria as on
01/11/2022.
Location Surat, Ahmedabad and Vijayawada
Nature of Job Transferable
Experience Minimum 4 years’ experience in any HFC out of which 2
years experience in Managerial cadre. [Management
Trainee/Internship period will not be considered counted
for experience].
Basic knowledge of computer application is necessary.
Vacancy 3
Job Responsibilities Job Description & Core competencies (Sales): Drive
Logins for Housing, LAP through various channels.
• Retain and expand the company's base of
customers for all loans so as to ensure repeat
business or referrals.
• Develop and maintain strong liaisons with the
clients.
• Tie up with builders/developers for APFs and to
penetrate new markets for business.
• Initiate activities for lead generation. In-depth
understanding & knowledge of In-House Credit
policies, customer preferences and real estate
market.
• Ensure the files are processed from login stage to
disbursement and co-ordinate with internal
departments (Operations and Credit) for
completion by maintaining TAT.
• Co-ordinate for resolution on post sanction
documentation and ensuring nil Audit queries.
• Co-ordinate collections.
• Good team-worker.
• Aggressively drive the sales numbers and achieve
the business targets for loans and handle branch
independently.
Job Description & Core competencies (Credit):
• Log in of file according to Non-discrepancy
checklist.
• To evaluate proposals of customers for Home Loan
/ Mortgage loan etc.
• TAT monitoring and due diligence from
Sanctioning to Disbursement.
• Interpretation of Credit Bureau Report,
Assessment of Income, Analysis of Bank
Statements, Assessing eligibility.
 • Sanctioning of Loan as per company policy.
• Candidate must have worthy knowledge of Cash
flow method of assessment of Ability to assess a
Self Employed Loan.
• Legal and Technical Initiation and management of
vendors according to organization policy.
• Coordination with Sales, Operation, RCU/DSAs
and Audit team.
• Verification of Income, Property and residence
according to Company policy. Responsible from
Log in to Sanction of loan.
• Maintain MIS, Delinquency MIS and other
operations related MIS of Branch and regularly
reporting the same.
• Comply with Sanction condition along with
perfection of security.
• Take ownership of client queries and use industry
knowledge and experience to overcome challenges
and solve problems Credit Appraisal of Loan
applications within defined guidelines and
accordingly take decision or recommend for
approval to higher authorities and handle a branch
independently.

Job Description & Core competencies (Collections):

• All works of Recovery/ Collection of Retail Loan

exposures.
• Strong flair on negotiated settlement in all sectors.
• Adequate knowledge on RDB Act, SARFAESI Act
and other relevant laws etc. Experience in
Recovery/Collection and repossession of stressed
assets.
• Strong efficiency in timely filing of various litigation
against NPA borrowers as result oriented and
follow up of all types of pending litigations in
relation to stressed assets.
• Follow-up with customers for their overdue
/outstanding amounts.
• Flair to conduct market study in order to market
and sell various secured assets for collection of
money in Non- Performing Assets and capable to
build sufficient network with various stake
holders.
 • Apart from Recovery / Collection, all other
functions /duties, etc applicable to the respective
position. Any other works/functions /duties
/responsibilities entrusted by the Competent
Authority etc.
Qualification Graduate in any discipline from recognized university.

Selection Procedure It may please be noted that company is not bound to call
all applicants for interview. Only shortlisted candidates
will be called for selection procedure. Decision of the
Company in this regard is final.

Shortlisted candidates will be called for interview.

Interview date will be conveyed to shortlisted candidates
through mail.

Remuneration Minimum Salary (CTC):-

Remuneration/CTC : Salary may be fixed based on the
following criteria.
Minimum salary – Rs.6,00,000/- per annum
[Rs.40,000 p.a. over four years experience subject to
maximum 80,000]
Annual increment applicable as per Company’s Policy.

Probation period 6 Months, if performance is not found satisfactory then

services are liable to be terminated by giving 30 days
notice.

1. Other Terms:
• Canvassing, in any form, will result in disqualification of candidature.
• In case of any modification in advertisement, same will be updated in website only.
• The above recruitment may be scrapped at any stage of recruitment process without
assigning any reason.
• Company may conduct background checks/CIBIL check at any stage of recruitment
process or after selection of the candidate. If any information declared in
application/documents found to be incorrect, candidate may rejected at any stage of
selection process or employment can be terminated if candidate is selected.
• Decision of the Company in this regard is final.

2. SUBMISSION OF THE APPLICATION:

Eligible candidates have to submit the application in the given format (Annexure –A). Last
date of submission of the application will be 03/12/2022. No application shall be entertained
beyond the stipulated date. The application super scribing “Application for the post of
Assistant Manager” must reach to:
HR, Corporate Office, Cent Bank Home Finance Ltd, Central Bank of India Building,
MMO, 6th Floor, MG Road, Fort, Hutatama Chowk, Mumbai-400023.

3. APPLICATION FEE

A non refundable application fee for Rs.1000/- for Un-reserved/ PWD/EWS and Rs.300/- for
SC/ST/OBC candidates payable by way of Demand Draft drawn on any Nationalized /Scheduled
Bank favouring “Cent Bank Home Finance Limited” payable at Mumbai. The candidate must write
his/her full name/post applied for on the reverse of the Demand Draft.

4. DOCUMENTS TO BE ATTACHED ALONGWITH APPLICATION:

The following documents self attested photocopy to be attached along with application
form.

i. Proof of Date of Birth [Birth Certificate issued by the Competent Municipal Authority
or SSLC/ Std. X Certificate with DOB]
ii. Photo Identity Proof.
iii. Individual Semester/ Year wise Mark sheets & certificate for educational qualifications
including the final degree /diploma certificate, Proper Document from
Board/University for having declared the result on or before 01.11.2022 has to be
submitted.
iv. Caste Certificate issued by competent authority, strictly in the prescribed format as
stipulated by Government on India, in case of SC / ST/ OBC category candidates.
v. In case of candidates belonging to OBC category, certificate should specifically contain
a clause that the candidate does not belong to creamy layer section excluded from the
benefits of reservation for Other Backward Classes in Civil post & services under
Government of India. OBC caste certificate containing the Non-creamy layer clause
should be valid as on the date of interview if called for [issued within one year as on
date of advertisement]. Caste Name mentioned in certificate should tally letter by
letter with Central Government list/notification.
vi. Disability certificate in prescribed format issued by the District Medical Board in case
of Persons with Benchmark Disability category.
vii. Candidates serving in Government / quasi govt. offices/ Public Sector Undertakings
[including Nationalized Banks and Financial Institutions] are required to produce a “No
Objection Certificate” from their employer at the time of interview, in the absence of
which their candidature will not be considered and travelling expenses, if any,
otherwise admissible, will not be paid.
viii. Relevant documents in support of the work experience declared, including
appointment letter, salary slip, relieving letter [whenever applicable], etc.
ix. Any other relevant documents in support of eligibility.

Note: Candidates will not be allowed to appear for the interview if he/ she fails to
produce the relevant eligibility documents as mentioned above.
GENERAL INSTRUCTIONS

1. Before filling the application form, the candidates must ensure that they fulfill all the
eligibility criteria with respect to educational qualifications, work experience etc. In case
it is observed at any stage of recruitment that a candidate does not fulfill any of the
eligibility criteria, and /or that he/she has furnished any incorrect/false information or
has suppressed any material fact(s), his/ her candidature will be automatically
cancelled. If any of the above shortcoming is/are detected even after appointment,
his/her services are liable to be terminated without any notice.
2. Candidate must be a citizen of India.
3. The Management reserves the right to fill or not to fill the above advertised position
without assigning any reason thereof.
4. Mere submission of application against the advertisement and apparently fulfilling the
criterion as prescribed in the advertisement would not bestow on him/her right to be
called for the interview.
Candidates serving in Government/Public Sector Undertaking (including Banks) should
send their application through proper channel and produce a No Objection Certificate
from their present employer at the time of interview in the absence of which their
candidature may not be considered.
5. Any resulting dispute out of this advertisement shall be subject to the sole jurisdiction
of courts at Mumbai.
6. Appointment of selected candidates will be subject to his/her being declared medically
fit, satisfactory reports from his/her previous employer and referees. Further, such
appointment shall also be subject to Service and Conduct Rules of the Company.

MANAGER (HR)
 Annexure-A

APPLICATION FOR THE POST OF ASSISTANT MANAGER

IN CENT BANK HOME FINANCE LIMITED

HR Department
Cent Bank Home Finance Limited
Corporate Office
Central Bank of India Building Paste Passport
MMO, 6th Floor, MG Road, Size Photograph
Fort Flora Fountain,
Hutatama Chowk, Please sign across
Mumbai-400023 the Photograph

With reference to your advertisement on Company’s website dated

___________, I submit my application in prescribed format.

Post applied for _______________________________________________________.

(TO BE FILLED IN CAPITAL LETTERS ONLY)

1. NAME : _____________________________________________________________________________

2. ADDRESS FOR CORRESPONDENCE : _______________________________________________

_________________________________________ ___________________________________________

_________________________________________ ___________________________________________
3. CATEGORY: GEN / SC / ST / OBC /EWS

4. IF PERSON WITH DISABILITY : YES / NO

TYPE OF DISABILITY: ________________________ Percentage of Disability _______________

5. DATE OF BIRTH (As per School Leaving Certificate)
Age in completed years as on 01/11/2022:
___Yr. & ____Months. D D M M Y Y

6. Details of Non-refundable Application Fee :

Demand Draft No.____________________ _______________ Amount Rs._________________

Issuing Date ________________________ Issuing Bank and Branch Dated ______________

________________________________________ ___________________________________________

7 Contact Details :

MOBILE No._________________________________________

LANDLINE No._____________________________

E-MAIL ID :_________________________________

8. GENDER : Male / Female

9. NATIONALITY : _____________________________________________

10. RELIGION : __________________________________________________

11. MARTIAL STATUS : ________________________________________

12. FATHER’s/HUSBAND/’s NAME : _________________________________________________

13. PERMANENT ADDRESS :

________________________________________________________________________
________________________________________________________________________
________________________________________________________________________
________________________________________________________________________
14. EDUCATIONAL QUALIFIACATIONS :

Qualification Board/University Year of %age Subject

of
Passing Marks

15. EXPERIENCE : Total Experience ______YY______MM

S. Name of Designation Duration Key Achievements

No. Company (In Years Responsibilities
&
Months)

16. DETAILS OF PRESENT EMPLOYMENT and ASSIGNMENTS :

(a) Organisation :
__________________________________________________________________________
(b) Full Address :
_____________________________________________________________________________

_____________________________________________________________________________

_____________________________________________________________________________

_____________________________________________________________________________
 Date since in present employment from __________ to _______________.

(c) Position :
_____________________________________________________________________________
_______________________________________________________ _______________
(d) Reporting to :
_____________________________________________________________________________
_______________________________________________________ _______________
(e) Assignment :
__________________________________________________________________ _______

17. Present Responsibility :

____________________________________________ _____________________________________
____________________________________________ _____________________________________
____________________________________________ _____________________________________
____________________________________________ _____________________________________
____________________________________________ _____________________________________

Name and addresses of two references :

1) 2)

DECLARATION

I hereby declare that the particulars furnished above are true and correct to the best of
knowledge and belief and I understand that in the event of any information being found false
or incorrect at any stage or not satisfying the eligibility criteria according to the requirements
of the relative advertisement, my candidature/appointment for the said post is liable to be
cancelled/terminated at any stage and if appointed, my service are liable to be terminated. I
am willing to serve anywhere in India. I agree that Company has right to transfer me to any
part of the country at its discretion.

I hereby agree that any legal proceedings in respect of any matter of claims or disputes arising
out of this application and/or out of said advertisement can be instituted by me only at
Mumbai and Courts/tribunals/Forums at Mumbai undertake to abide by all the terms and
conditions mentioned in the advertisement displayed on Company’s website dated
____________________.

(SIGNATURE OF APPLICANT)
Place : _____________________________ Date : ______________________________

Enclosures :

1.

2.

3.

4.