Punjab & Sind Bank 2026: Security Manager Lateral Recruitment — Salary, Eligibility & How to Apply
If you are a former Commissioned Officer in the Indian Armed Forces or a serving Gazetted Police Officer, here is a great opportunity for you. Punjab & Sind Bank has released Advertisement No. 01/2026 for the lateral recruitment of Security Manager in MMGS-II (Middle Management Grade Scale II) on a regular basis. A total of 27 vacancies are available with a pay scale of ₹64,820 to ₹93,540 per month. This is one of the premium banking sector job notifications for experienced defence and police professionals.
The online application is open from 15 April 2026 and the last date to apply is 5 May 2026. This article on GovtJobsAlert.in covers all the details you need — eligibility, salary structure, exam pattern, selection process, and the step-by-step guide to apply online. Read it carefully before you start your application.
Key Highlights — Punjab & Sind Bank Security Manager 2026
Punjab & Sind Bank is a nationalized public sector bank headquartered in New Delhi. Through this recruitment drive, the bank is looking for experienced defence and police professionals to serve as Security Managers across its branches in India. This is a regular (permanent) appointment, not a contractual position.
- Post Name: Security Manager (MMGS-II)
- Total Vacancies: 27 posts
- Salary / Pay Scale: ₹64,820 – ₹93,540 (MMGS-II Scale)
- Job Location: Across India
- Application Start Date: 15 April 2026
- Last Date to Apply: 5 May 2026
How Many Vacancies Are There in Punjab & Sind Bank Security Manager 2026?
| Category | Vacancies |
|---|---|
| UR (Unreserved) | 12 |
| OBC | 07 |
| SC | 04 |
| ST | 02 |
| EWS | 02 |
Total: 27 posts in MMGS-II (Middle Management Grade Scale II).
What Is the Eligibility for Punjab & Sind Bank Security Manager 2026?
Educational Qualification
- Essential: Graduate in any discipline from any recognized University with valid mark sheet
Work Experience (Post-Qualification)
- Minimum 5 years as a Commissioned Officer in the Indian Army, Navy, or Air Force (Lieutenant rank or equivalent)
- OR Minimum 5 years as a Gazetted Police Officer not below the rank of Deputy Superintendent of Police (DSP) or Assistant Commandant
This is a specialist lateral entry post — standard banking experience is not required. The bank is looking for candidates with proven security, surveillance, and administrative experience from defence or police services.
Age Limit (As on 1 April 2026)
- Minimum Age: 23 years
- Maximum Age: 35 years
- Born between 2 April 1991 and 1 April 2003 (both dates inclusive)
Age Relaxation:
- SC/ST: 5 years
- OBC (Non-Creamy Layer): 3 years
- Persons affected by 1984 riots: 5 years
- Ex-Servicemen / Commissioned Officers: 5 years
What Is the Salary for Punjab & Sind Bank Security Manager 2026?
The Security Manager post is in MMGS-II (Middle Management Grade Scale II), which is one of the higher officer scales in banking.
- Pay Scale: ₹64,820 – 2,340/1 – 67,160 – 2,860/10 – 93,540
- Starting Basic Pay: ₹64,820 per month
With Dearness Allowance, House Rent Allowance (or leased accommodation), City Compensatory Allowance, and other perquisites, the approximate in-hand salary ranges from ₹80,000 to ₹1,10,000 per month depending on the city of posting.
Additionally, bank employees enjoy terminal benefits like gratuity, provident fund, medical insurance, LFC, and other perquisites as per the bank’s prevailing rules. A 2-year service bond applies with a 1-year probation period.
What Is the Selection Process for Punjab & Sind Bank Security Manager 2026?
Stage 1: Online Written Test
The written test has 100 questions for 100 marks with a duration of 105 minutes.
| Section | Questions | Marks | Duration |
|---|---|---|---|
| English Language | 20 | 20 | 15 min |
| General Awareness | 20 | 20 | 30 min |
| Professional Knowledge | 60 | 60 | 60 min |
Qualifying Marks: 40% for UR/EWS, 35% for reserved categories. Candidates must clear each section’s cut-off as well as the overall cut-off.
Stage 2: Personal Interview
Shortlisted candidates from the written test will be called for a personal interview. The interview carries significant weightage in the final merit.
Stage 3: Final Merit List
The final selection is based on combined scores: Written Test (70% weightage) + Interview (30% weightage). Merit lists are prepared state-wise and category-wise.
How to Apply Online for Punjab & Sind Bank Security Manager 2026?
Before applying, keep your graduation certificates, defence/police service documents, identity proof, passport-size photograph, and signature scan ready.
- Visit the Punjab & Sind Bank official website (direct link in Essential Links below).
- Click on the “Recruitment” section on the homepage.
- Click on the Security Manager MMGS-II notification link.
- Register by entering your personal details, email ID, and mobile number.
- Fill in the complete application form with educational, professional, and service details.
- Upload your photograph and signature as per the specifications.
- Pay the application fee online through Debit Card, Credit Card, Net Banking, or UPI.
- Submit the application and download the system-generated printout for your records.
What Are the Important Dates for Punjab & Sind Bank Security Manager 2026?
| Event | Date |
|---|---|
| Online Application Start | 15 April 2026 |
| Last Date to Apply Online | 5 May 2026 |
| Written Examination Date | To be announced |
| Interview Date | To be announced |
What Is the Application Fee for Punjab & Sind Bank Security Manager 2026?
| Category | Fee |
|---|---|
| General / EWS / OBC | ₹850 + applicable taxes |
| SC / ST | ₹100 + applicable taxes |
Payment is online only. Cash, cheques, or postal orders are not accepted. The fee is non-refundable.
Essential Links — Punjab & Sind Bank Security Manager 2026
- Download Official Notification PDF
- Apply Online for Punjab & Sind Bank Security Manager 2026
- Visit Punjab & Sind Bank Official Website
- Join WhatsApp Channel for Government Jobs
- Join Telegram Channel for Government Jobs
If you are a former defence officer or a serving police officer looking for a stable banking career with excellent pay and benefits, this Punjab & Sind Bank Security Manager recruitment is tailor-made for you. With a salary going up to ₹93,540 and only 27 posts, make sure you apply before 5 May 2026. Keep visiting GovtJobsAlert.in for more banking job notifications and admit card updates.