Daman and Diu State Co-op Bank Hiring 2025 – Credit Business & Operations Consultant (Contract)

The Daman and Diu State Co-operative Bank Ltd., a reputed banking institution operating across the Union Territories of Daman, Diu, and Dadra & Nagar Haveli, invites applications for the position of Consultant – Credit Business & Operations. The post is offered on a contractual basis to strengthen the Bank’s credit services, operational efficiency, and business expansion.

The Consultant will have a critical role in spurring loan disbursement, providing credit risk management, overseeing recovery of non-performing assets (NPAs), and supporting different areas of banking operations. This opportunity allows seasoned banking practitioners to contribute towards enhancing the growth and development of cooperative banking in a demanding yet fulfilling working environment.

Important Date

• Last date for receipt of application: 12th May 2025
• Time limit for submission: Applications must reach the bank by 5:00 PM on the last date.
• Submissions received beyond the stipulated deadline will be deemed ineligible for consideration.

Application Fees

• Application Fee: Not Applicable
• No application fee is applicable for candidates applying to this position.

Vacancy

Eligibility

Age Limit:

• Minimum: 35 years
• Maximum: 65 years
• Age relaxation may be granted to deserving candidates based on discretion of the Bank’s authorities.

Educational Qualification:

• Bachelor’s Degree in any discipline from a recognized university is essential.
• Preference will be given to candidates having a degree in Finance or Economics.

Experience:

• Minimum of 5 years of experience at Officer level in the areas of:
  • Credit Operations
  • Business Development
  • NPA Management
  • Loan Recovery
• Experience in cooperative banks, commercial banks, or NBFCs will be preferred.

Salary

• Fixed Monthly Remuneration: ₹50,000/-
• Performance Linked Pay (PLP): Up to 100% of fixed pay, based on achievement of quarterly targets related to:
  • Loan Disbursement
  • NPA Recovery
  • Deposit Mobilization

Performance incentives will vary depending on the region of posting and achievement of targets defined for Diu, Daman, and Dadra & Nagar Haveli. No additional allowances or perks will be provided. Travel expenses related to official duties will be reimbursed as per Officer Grade-I entitlement.

Selection Process

• Selection will be through personal interview only.
• The Bank reserves the right to call only eligible and shortlisted candidates for the interview.
• The Bank’s decision on this matter shall be considered final.
• No travel or dearness allowance will be provided for attending the interview.

Application Process

1. Mode of Application: Offline
2. Application Format: Candidates must apply in the prescribed format (ANNEXURE-A) only.
3. Application submissions should be made via post or delivered in person in a sealed envelope.​

Envelope Must Be Superscribed With:

Application for the post of Consultant

Postal Address for Submission:

General Manager (Administration)
The Daman & Diu State Co-op Bank Ltd.
Head Office: H.NO. 14/54, 1st Floor, Dilip Nagar, Nani Daman, Pin Code – 396210

Last Date for Receipt of Applications: 12th May 2025, before 5:00 PM

Incomplete applications or those not following the prescribed format will be rejected. Candidates are advised to ensure accuracy and completeness before submitting the application.

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