Jharkhand Gramin Bank Invites Retired Officers as Concurrent Auditors

Jharkhand Gramin Bank has issued a notice dated 12.02.2026 inviting applications from retired Scale II to V officers of scheduled public sector commercial banks and regional rural banks for empanelment as Concurrent Auditors on a contractual basis. The engagement will be for three years, subject to annual review, or until the officer attains 65 years, whichever is earlier. Applicants must not have retired under voluntary schemes or faced major penalties in the five years preceding retirement, and there should not be a retirement gap of more than three years as on 28.02.2026. The posting will cover multiple regions across Jharkhand, excluding Ranchi and Khunti districts. Remuneration may be chosen either on a monthly basis (₹35,000–₹40,000) or per working day (₹1,700–₹1,900), along with distance-based allowances. Applications must be submitted in the prescribed format to the Head Office in Ranchi by 15.03.2026, with selection subject to approval by the Bank’s Audit Committee.

JHARKHAND GRAMIN BANK
Scheduler Bank Owned by Government

Letter No: HO/Audit/29/25-26  Date: 12.02.2026

NOTICE

EMPANELMENT/ENGAGEMENT OF RETIRED OFFICERS FROM BANK AS CONCURRENT AUDITORS ON CONTRACT BASIS

Jharkhand Gramin Bank is inviting applications from Retired officers of Bank for the post of concurrent auditors on contract basis, details of which are as under:

1) Name of the Post – Concurrent Auditor

2) Nature of Post – On contract.

3) Region – Singhbhum, Gumla, Palamau, Hazaribag, Giridih, Deoghar, Godda

4) District- All Districts in Jharkhand except Ranchi and Khunti Districts

TERMS OF APPOINTMENT (FOR RETIRED OFFICER FROM BANK) ELIGIBILITY

i) The applicant Officers of Scale II to V should have retired from Scheduled public sector commercial Bank’s including Regional Rural Bank’s Service and not under voluntary retirement Scheme or Exit Option Scheme, without any major penalty imposed on him during the five years of his service in the Bank immediately preceding the retirement date.

ii) There should not be a gap of more than three years as on 28.02.2026 from the date of retirement of the officer. Officers retired from Bank’s services as on 28.02.2026 will be eligible for applying the post.

iii) The period of engagement of these Ex-Officials will be for a period of three years’ subject to annual review and renewal of arrangements. However, the engagement of an Ex-official will be terminated if he attains 65 years of age or 03 years completed during the period of engagement whichever is earlier. The arrangement may be terminated at any time by giving 30 days’ notice by the Bank.

iv) The applicant should be well experienced in operation of the Bank preferably be from audit background.

TERMS OF APPOINTMENT

1. The monthly remuneration of the auditors will be as under (either of A or B)

(A) Remuneration of Concurrent Auditors on Monthly Basis.

For Scale II & III Officers  – Rs. 35000/- per month (All inclusive)

For Scale IV & V Officers  – Rs. 40000/- per month (All inclusive)

i) 15 days’ leave will be allowed for every financial year of engagement or on pro rata basis for part thereof. Carrying forward of leave to next financial year or encashment of leave will not be permitted.

ii) HRA or Leased rent will not be paid

iii) Conveyance allowance/travel allowance will be paid on actual expenses basis by public transport, if the Branch falls beyond 50 km radius from linked Branch/Regional Office/Head Quarter.

(B) Remuneration of Concurrent Auditors on Day Basis (Payment will be made only on the working day on which the work is performed)

i)

ii) Branch visiting lump sum amount will be paid to the retired officers on the basis of distance covered by them. The details are as under: –

iii) HRA or Leased rent will not be paid

Concurrent Auditors can select only one option for Remuneration (either A or B).

PAYMENT TERMS:

Remuneration will be paid subject to deduction of TDS as applicable from time to time as per the Income Tax rules.

2.The application forms will have to be submitted in prescribed format to the Head IAD of Jharkhand Gramin Bank at the following address on or before 15.03.2026.

Address: Jharkhand Gramin Bank

Head Office, Zila Parishad Market Complex, 3^rd Floor,

Kutchery Chowk, Ranchi – 834001, Jharkhand, India

Mail ID :- hoaudit@jrgbank.bank.in ,headiad@jrgbank.bank.in

3. “Application for empanelment for Concurrent Audit” should be mention on the envelope.

4. The appointment will be based on a selection process to be approved by the audit committee of the Bank.

The application form, terms & conditions and other details may be obtained from web site of the Bank (https://jrgbank.bank.in) and Head Office or any Regional Office of the Bank at the following addresses: –

Sd/-
General Manager
Admin

FORMAT FOR APPLICATION

Annexure -B

Place :-
Date:-

Signature:­

The Following Documents are to be attached with the application form:

1. Two recent passport size photographs of the applicant

2. KYC of the applicant

3. Proof of date of retirement from Bank’s Service

4. Any other relevant documents.

5. All enclosures must be attested as true copy under signature of the applicant.