Applications are invited to Apply for the State Bank of Pakistan Young Professionals Induction Program (YPIP) 2019 8th Batch. Students from all the Cities of Pakistan with a Masters or Bachelors Degree with 16 years of education from HEC Recognized Universities/institutes or reputable foreign universities are Eligible to Apply.
The Monthly Stipend During the Training will be 41,000. All the Students from Pakistan will undergo from Training in Islamabad. The Accommodation Lodging facility will be given to all students free of Cost. After the training 82,000 Monthly Salary will be given as an Officer Grade 2 (OG 2).
State Bank of Pakistan Young Professionals Induction Program (YPIP) encourage qualified men and women with diverse academic and cultural backgrounds to apply. The Duration of the Training will be for 12 Weeks at NIBAF, Islamabad. Read the Full Details below.
Young Professionals Induction Program (YPIP) Details
- Training Duration: 12 Weeks
- Stipend During Training: 41,000
- Monthly Salary: 82,000
- Deadline: April 15, 2019
About Young Professionals Induction Program
The Young Professionals Induction Program (YPIP) is one of the starting points of an exciting career at SBP Banking Services Corporation for those who have the passion for career development and leadership potential to grow in enthralling technical and managerial roles. It is a unique opportunity for young talent to gain exposure to central banking operations.
Compensation & Benefits
During Residential Theoretical Training at NIBAF:
- A stipend of Rs. 41,000/- per month
- Free Boarding and Lodging
- Medical Facility for self
After Appointment as OG-2:
- Monthly monetized salary of Rs. 82,000/-
- Mobile/Telephone Allowance
- Medical Facility for self and eligible dependents, as per Bank’s rules
- In-House Free OPD
- In-House Free Pharmacy
- OPD/Emergency Treatment at Partner Hospitals/Clinics
- Group Term Assurance
- Loan Facilities including Personal Loan, Computer Loan, Car Loan and House Building Advance
Masters or Bachelors Degree with 16 years of education from HEC Recognized universities/institutes or reputable foreign universities in Business Administration, Public Administration, Economics, Commerce, Finance, Accounting, Information Systems & Technology, Mathematics, Human Resources, Agriculture with minimum 60% marks where percentage system applies and minimum 2.5 out of 4.0 or 3.5 out of 5.0 CGPA where GPA system applies. Foreign degree holders are required to submit Equivalence Certificate duly issued by HEC at the time of interview to validate that they possess 16 years of education, failing to do so shall make the applicant ineligible against the said position. Candidates awaiting final results as of the last date of submission of applications are not eligible to apply.
The Last Date to Apply for the State Bank of Pakistan Young Professionals Induction Program (YPIP) 2019 is 15th April 2019
How to Apply
You have to Apply Online through NTS Website. The Link is given below in the Red Color. Register yourself at the testing agency’s website i.e. www.nts.org.pk. Take print out of duly filled in “Online Application Form” along with fee deposit slip.
Send Application Form along with original NTS copy of deposit slip to Senior Joint Director, Talent Resourcing Division, Human Resource Management Department, SBP Banking Services Corporation, State Bank of Pakistan, I. I. Chundrigar Road, Karachi