Repco Bank Manager Recruitment 2026

Apply Offline for Manager (Chartered Accountant) Scale-II Regular Vacancies

Grade / Scale: Scale-II (Regular)
Est. Chennai CTC: ₹ 19.10 Lakhs P.A.
Application Fee: ₹ 1200/- (Incl. GST)
Application Deadline: 06 July 2026

Critical Recruitment Overview

Repco Bank, a prominent Government of India Enterprise, has officially released its latest employment notification. The bank is actively seeking corporate finance experts to fill vacancies for the post of Manager (Chartered Accountant) in Scale-II on a regular basis.

This exclusive opportunity offers candidate placement under standard Indian Banks' Association (IBA) payroll scales, bringing exceptional long-term stability and growth. The total annual remuneration package is highly attractive, with an estimated CTC of approximately ₹ 19.10 Lakhs per annum at Chennai. Eligible professionals must submit their detailed profiles offline via post or courier. The physical application packet, along with the designated fee instrument, must reach the Repco Bank head office in Chennai on or before 06 July 2026. Shortlisted candidates will be invited to appear for the selection interview rounds held in Chennai.

1. Important Dates & Action Timeline

Applicants must track the courier dispatch times carefully. The physical application envelope must land at the bank's destination by the cutoff date; any post received late will be summarily rejected.

Repco Bank Officer Schedule 2026
Official Notification & Application Release Date: 14 June 2026
Crucial Date for Age & Qualification Check: 31 May 2026
Absolute Deadline for Receipt of Physical Applications: 06 July 2026
Tentative Date for Personal Interview: Will be notified via individual Call Letters

2. Vacancy Summary & Salary Structure

The total number of openings announced for this professional post is 2 vacancies under regular engagement. Roster reservation norms apply as per Government of India policies.

Scale-II Pay Scale Details
Official IBA Pay Scale Range: ₹ 64,820 - 2,340/1 - 67,160 - 2,680/10 - ₹ 93,960/-
Admissible Allowances: Dearness Allowance (DA), House Rent Allowance (HRA), City Compensatory Allowance (CCA), PF, and grade-specific perquisites.
Estimated Annual CTC (Chennai): ₹ 19.10 Lakhs Per Annum (approx.)

3. Educational Qualifications & Age Criteria

Academic profiles and age computations will be strictly cross-checked against the cutoff date of 31 May 2026. Only Indian Nationals are eligible to apply.

Age Limits & Relaxation Matrix

The maximum age limit is 40 Years for Unreserved (UR) and EWS category candidates. Relaxations in the upper age limit are available to reserved categories as follows:

  • SC / ST / Repatriate Candidates: Upper age relaxed by 5 years (up to 45 years).
  • OBC Candidates: Upper age relaxed by 3 years (up to 43 years).
  • Ex-Servicemen: Upper age relaxed by 5 years.
  • Candidates who are already working in a regular commercial bank / financial institution / cooperative bank: Age relaxation equal to their duration of service, subject to a maximum cap of 5 years.
  • Note: Cumulative age relaxation benefits are not permitted under multiple clauses or combinations.

Academic Qualifications

  • Candidates must have successfully completed graduation from a recognized university.
  • Must hold a professional certification and be an active Associate of the Institute of Chartered Accountants of India (ICAI).
  • Crucial Notice: Graduation degrees obtained from an Open University without following the regular formal educational stream structure (10th followed by 12th) are NOT recognized for recruitment eligibility.

4. Required Post-Qualification Experience & Field Exposure

The candidate must possess specialized, high-level banking knowledge to handle independent audits and risk parameters. The core criteria include:

  • Minimum of 2 years of work experience in a reputed organization after successfully passing the Chartered Accountancy final course.
  • Preference will be explicitly given to professionals who have built this experience within a reputable Financial Institution or Bank.
  • Mandatory Field Exposure: Candidates must demonstrate practical exposure in Treasury Operations.
  • Must have an in-depth understanding and handling history of Statutory Audits, Internal Audits, and Process Audits.
  • Must have thorough working knowledge of Risk Management frameworks within the financial space.

5. Screening & Shortlisting Interview Mechanics

Repco Bank manages its officer selection process using an optimized, rapid screening model to onboard meritorious candidates.

  • Mere fulfillment of the basic minimum educational benchmarks and work experience timelines does not create an automatic right to receive an invitation.
  • An internal committee constituted by Repco Bank will decide shortlisting parameters. Based on these parameters, an adequate number of high-ranking applicants will be shortlisted for the viva-voce phase.
  • The final selection list will be drawn entirely based on candidate performance during the Personal Interview.
  • Venue Location: The selection interview process will be scheduled and conducted entirely at CHENNAI. The exact location details and timing slots will be printed on the individual call letters.
  • Probation Protocol: Selected Scale-II officers will undergo an initial probationary period of 12 months (1 year) of active service from their date of joining. Management retains full rights to extend or curtail this probation period based on ongoing performance feedback.
  • Regional Language Condition: Candidates must possess working knowledge (the ability to read, write, and speak fluently) of at least one Southern India regional language, viz., Tamil, Telugu, Malayalam, or Kannada.
  • Notice Period / Resignation Bond: Selected candidates are bound by service continuity rules. Appointed officers cannot leave, discontinue, or resign from the bank's services without providing a strict 3 months' written notice, or paying three months' gross emoluments in lieu of notice.

6. Step-by-Step Offline Application Protocol

Candidates must compile physical documentation accurately. No online registration portal or email applications are available for this drive.

  1. Fee Instrument Generation: Obtain a non-refundable application fee instrument of ₹ 1,200/- (inclusive of GST). This fee must be paid via a Bank Pay Order or Demand Draft (DD) issued by any Scheduled Commercial Bank, drawn in favor of "REPCO BANK RECRUITMENT CELL", payable explicitly at CHENNAI. Cash, personal checks, money orders, or postal stamps will result in absolute rejection.
  2. DD Endorsement: Candidates must clearly write their full name and complete communication address on the reverse side of the physical Demand Draft / Pay Order.
  3. Form Drafting: Download the official Application Form format from the Repco Bank website (www.repcobank.com). The application form must be cleanly typed on a thick A4 size sheet in English. Fill in all fields carefully; incomplete applications face summary rejection.
  4. Photograph Attachment: Affix a recent passport-size color photograph on the top right-hand corner of the application proforma. At the top of the sheet, prominently indicate in BOLD letters the post applied for: "APPLICATION FOR THE POST OF MANAGER (CHARTERED ACCOUNTANT)".
  5. Certificates Notice: Do not attach or submit physical copies of your birth certificate, educational transcripts, caste certificates, or experience letters during this step. All supporting certificates must be produced in original for verification on the day of the interview only.
  6. Envelope Endorsement: Place the typed form and original Demand Draft inside a strong envelope. Securely close the envelope and write the following endorsement on the top face: "FOR THE POST OF Manager (Chartered Accountant)".
  7. Postal Address for Dispatch: Send the closed envelope via courier or post so that it reaches the designated destination on or before 06 July 2026:

    The General Manager (Admin),
    Repco Bank Ltd, P.B. No. 1449,
    Repco Tower, No: 33, North Usman Road,
    T. Nagar, Chennai – 600 017.

8. Frequently Asked Questions (FAQs)

Q1. Can a fresher Chartered Accountant apply for this Scale-II post?
No. The post requires a minimum of 2 years of relevant post-qualification work experience gained after completing the Chartered Accountancy course, preferably within a Bank or Financial Institution. Freshers are not eligible.
Q2. Where will I be posted on final selection?
The selected candidates will be posted either at the Nodal Head Office in Chennai or across any active branch of the bank in India. Only professionals willing to serve anywhere should apply.
Q3. Do I need to send my degree certificates and experience letters along with the application form?
No. Candidate guidelines clarify that you do not need to submit copies of your educational certificates, age proof, or experience proofs at the time of applying. You only need to send the typed application form and the physical Demand Draft. All original documents are verified during the interview phase.
Q4. I completed my graduation via a distance learning Open University program. Am I eligible?
No. The official notification explicitly states that degrees obtained from an Open University without following the regular formal stream structure (10th followed by 12th) are NOT recognized for recruitment eligibility.
Mandatory Official Recruitment Disclaimer:

This career tracking sheet is developed for educational reference and guidance based on the official notification released by Repco Bank Ltd. Candidates are strongly instructed to visit www.repcobank.com to download the official application format, cross-check category-specific reservation guidelines, and verify operational conditions before completing their offline dispatches.

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