SEBI Recruitment of Officer Grade A (Assistant Manager) 2024 – Please enable UPI as a Payment Channel

 

UPI (PhonePe / Google Pay / NPCI BHIM / PayTm etc)  is India’s preferred retail payment channel.


          As is the tradition, SEBI’s HR Department  on 14th June 2024 released the notification for ‘Recruitment Of Officer Grade A (Assistant Manager) 2024 - General Stream, Legal Stream, Information Technology Stream, Research Stream, Official Language Stream And Engineering (Electrical) Stream.’

          Please do refer to the SEBI website for the complete details. This is a 28-page document, detailing all the Do’s and Don’ts.

          The document will guide on the complete process required to apply for these coveted positions.

          There are open positions in :

A)    General Stream,

B)   Legal Stream,

C)    Information Technology Stream,

D)   Research Stream,

E)   Official Language Stream

F)    and Engineering (Electrical) Stream

 

Trust you are aware that Securities and Exchange Board of India (SEBI), is a statutory body established by an Act of Parliament, to protect the interests of investors in securities, to promote the development of and to regulate the securities market.

The educational qualifications required for the open positions vary stream to stream.

As per Page No 15 of the Notification Booklet, the below is the summary for the payment of the fees / charges.

Quote:

B. PAYMENT OF FEES THROUGH ONLINE MODE

1. Payment of application fee/ intimation charges has to be done after successful registration of the application else application will be treated as cancelled.

2. Candidates have to pay the requisite fees/intimation charges only through ON-LINE mode.

3. The application form is integrated with the payment gateway and the payment process can be completed by following the instructions.

4. The payment(Fees/Charges)  can be made by using only Debit Cards (Rupay/ Visa/ Master Card/Maestro), Credit cards, Internet Banking, IMPS, Cash Cards/ Mobile Wallets.

Unquote

 

My 4 Humble Requests:

Request 01) Please advise / motivate your Payment Gateway partner to add UPI too as a payment channel. Many account holders do not have their Debit Cards or Internet Banking credentials handy.

Request 02) A nice gesture to enable payments via Cash Cards /  Mobile Wallets. On the same line, it will a very nice gesture to enable payments via UPI channel.

Request 03) In future, please do encourage UPI as this Made in India – Made By Indians.

Request 04)  To explore the feasibility to collect of Fees / Amounts dues to SEBI via the NPCI BBPS platorm or Government of India NTRP Portal

 

MODE OF SELECTION:  Mode of selection shall be a three stage process i.e.

 

Phase I (on-line screening examination consisting of two papers of 100 marks each), Phase II (on-line examination consisting of two papers of 100 marks each) and Phase III (Interview).

 

APPLICATION FEE (NON-REFUNDABLE)

 

Category of Applicant Amount of Fee - (Non-refundable)

Unreserved/OBC/EWSs  ₹1000/- as application fee cum intimation charges +  18% GST.

SC/ ST/ PwBD ₹100/- as intimation charges +  18% GST

 

Separate on-line application for each stream will have to be made with requisite fee for each application to be paid as well.

Application Fee once paid will NOT be refunded.

 

SC/ ST candidates are exempt from payment of application fee even in such case but will have to pay specified intimation charges.

Disclaimer: These are my personal views only. The bottom line is Safe ePayments. Nothing More -  Nothing Less.

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