India Post Payments Bank (IPPB) is seeking applications for several top-level management positions in 2025. The recruitment is for key roles including Chief Operating Officer (COO), Chief Compliance Officer (CCO), Chief Finance Officer (CFO), and Chief HR Officer (CHRO). These are on a regular and contractual basis. The bank, a Government of India Undertaking, is inviting qualified and dynamic candidates to apply online to support its future growth and transformation challenges.
About India Post Payments Bank (IPPB)
IPPB was set up under the Department of Post, Ministry of Communications, with 100% equity owned by the Government of India. The bank has 650 branches all over India and aims to utilize all of India's 1,55,015 post offices as access points and 3 lakh Postmen and Gramin Dak Sewaks (GDS) to provide doorstep banking services.
Important Dates
Interested candidates must apply online between these dates. No other mode of application will be accepted.
- Opening date for online registration: 02.08.2025: 10.00 AM.
- Last date for online submission of applications with fee: 22.08.2025: 11.59 PM.
Vacancy Details and Eligibility Criteria
The age and experience cut-off date for all positions is July 1, 2025.
Regular Positions (Tentative)
- Deputy General Manager - Finance/CFO (Scale VI): 1 post (Un-reserved).
- General Manager - Finance/CFO (Scale VII): 1 post (Un-reserved).
- Chief HR Officer (CHRO) (Scale VII): 1 post (ST).
The CFO vacancy is only one which will be either filled in Scale VI or VII depending on the most suitable candidate. The vacancies are tentative and may increase or decrease.
Contractual Positions (Tentative)
- Chief Compliance Officer: 1 post (OBC).
- Chief Operating Officer: 1 post (SC).
Horizontal Reservation is applicable for Persons with Disability (minimum 40% Disability) as per Government of India norms.
Detailed Eligibility and Job Descriptions
Chief Finance Officer (DGM/GM)
- Age: 35 to 55 years (Scale VI) and 38 to 55 years (Scale VII).
- Qualification: Must be a Chartered Accountant (CA) from ICAI. CAIIB, MBA (Finance), or CFA certification is preferred.
- Experience:
- Scale VI (DGM): Minimum 15 years in financial operations, with at least 10 years in banks/financial institutions and 5 years at a senior management level.
- Scale VII (GM): Minimum 18 years in finance, with at least 15 years in financial operations and 10 years in banks/financial institutions, with 5 years at a senior management level.
Chief HR Officer (CHRO)
- Age: 38 to 55 years.
- Qualification: Any Graduate. An MBA in HR is preferred.
- Experience: Minimum 18 years in officer cadre in HR & Admin functions, with at least 3 years heading the HR function or one level below.
Chief Compliance Officer (CCO)
- Age: 38 to 55 years.
- Qualification: Graduate in any discipline. A CA, CS, MBA (Finance), or Certified Banking Compliance Professional by IIBF is preferred.
- Experience: Minimum 18 years in banking or financial services, with at least 5 years in a senior management role in Audit, Finance, Compliance, Legal, or Risk Management.
Chief Operating Officer (COO)
- Age: 38 to 55 years.
- Qualification: Graduate in any discipline.
- Experience: Minimum 18 years in banks/financial institutions, with at least 10 years in handling operations. The candidate must have worked in a position not below three levels of MD & CEO for a minimum of two years in the last five years.
Application Process and Fees
Candidates who meet the eligibility criteria must apply online through the official IPPB website, www.ippbonline.com. A candidate can apply for more than one post by filling out a separate application for each.
Application Fee / Intimation Charges (Non-Refundable)
- For all others: ₹750 (Rupees Seven Hundred Fifty Only).
- For SC/ST/PwD: ₹150 (Rupees One Hundred and Fifty Only) as intimation charges.
The fees are non-refundable and must be paid online. Candidates should keep their personal email ID and mobile number active throughout the recruitment process for communication.
Selection Process & Other Information
Selection will be based primarily on an interview. IPPB reserves the right to conduct an assessment, a group discussion, or an online test in addition to the interview. The bank will shortlist a requisite number of candidates for the selection process after a preliminary screening of applications.
- Posting: The selected officers will be posted at the Corporate Office in New Delhi. However, the bank reserves the right to post them anywhere in India, and candidates willing to serve anywhere should apply.
- Contract Tenure (Contractual Posts): The initial contract period is for 3 years and may be extended for a further 2 years after an annual performance review.
- Medical Fitness: Appointment is subject to being declared medically fit and a satisfactory verification of character and antecedents.
- General Information: Only Indian Nationals are eligible to apply. No TA/DA will be paid for attending the interview/exam.