Canara Bank PO - SPLessons

Canara Bank PO PGDBF Course

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Canara Bank PO PGDBF Course

shape Introduction

Canara Bank, invites the eligible candidates to apply for admissions to the specially designed one year training course leading to Post Graduate Diploma in Banking and Finance (PGDBF) either through Manipal Global Education Services Pvt Ltd., Bengaluru or NITTE Education International Pvt Ltd., Mangaluru, which are recognised by UGC.
  • The course comprises of 9 months of classroom studies and 3 months internship at Canara Bank’s Branches / Offices.

  • The one-year full-time PGDBF course will be conducted either at Manipal Global Education Services Pvt Ltd, Bengaluru campus or NITTE Education International Pvt Ltd. Mangaluru campus.

  • The programme is fully residential during 9 months classroom studies and the selected candidates should necessarily stay in the campus.

shape Fee

Canara Bank PO PGDBF Course - Institutes & Course Fee:
S.No Name of the Institute Course Fee per Candidate
1 M/s Manipal Global Education Services Pvt. Ltd, Bengaluru campus Course Fee - Rs. 350000.00 + applicable Taxes (presently GST @ 18% : RS. 63000.00) Total Course Fee: Rs. 413000.00
2 M/s NITTE Education International Pvt. Ltd., Mangaluru campus Course Fee - Rs. 300000.00 + applicable Taxes (presently GST @ 18% : RS. 54000.00) Total Course Fee: Rs. 354000.00

Canara Bank PO PGDBF Course - Payment Terms:
  • Candidate can pay the entire course fee in one lumpsum or

  • In 2 instalments (50% of course fee before commencement of the course and the balance 50% fees after two months but before the end of third month of commencement of course)

Finally selected candidate is eligible for admission to the said course at any of the selected Institutes based on merit cum preference. The bank is at the liberty to adopt any other criterion for selection and allotment of candidates to any of the institutes as considered fit and proper. The decision of the Bank in this regard is final and binding on the candidates.
The selected candidates shall have to pay the course fee to the institute as per the payment terms of the institute. The selected candidates have the option to pay the course fee from their own sources or by availing Educational Loan from the Bank subject to eligibility as per the prevailing scheme guidelines as to loan quantum, margin, security, documentation, Rate Of Interest, repayment etc. Basing on the outcome of the CIBIL report of the selected candidates and his/her parent, candidate’s eligibility for Educational Loan will be decided.

shape Agreement

The selected candidates at the time of joining the course have to execute an Agreement / Security Bond to serve the Bank for a minimum period of Five (5) years from the date of joining the Bank as Probationary Officer upon successful completion of the PGDBF course. In the event of candidate abandoning, absconding or resigning the services of the Bank before completion of five years, he/she shall be liable to compensate the Bank with an amount of Rs. 100000.00 (Rupees One lakh only) + applicable taxes.
Also in such event, in case the candidate has availed Educational Loan from the Bank towards payment of Course Fee, the same has to be repaid fully with up to date interest.