Syndicate Bank enters into MoU with KSPC

Posted By: Religare
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Syndicate Bank enters into MoU with KSPC
With an aim to accept application fee across all its branches in the state, Syndicate Bank has entered into a MoU with Karnataka State Public Service Commission (KPSC). The MoU was agreed after KSPC was offered a customer to business solution by the Syndicate Bank, a public sector bank.

Memorandum of Understanding is document that contains a bilateral and multilateral agreement between the two parties. Entering a MoU refers to the common course of action that two parties intended to do. MoU is used place where things cannot be carry forwarded legally.

The situations where in parties either do not indicate towards a legal commitment or are not able to create a legally enforceable agreement, creation of MoU takes place.

KPSC has kept the procedure online in order to make accessible for every aspirant. The aspirants are required to log on to the KPSC website from time to time, in order to apply for the vacant position. Thus, upon the submission of the application, the aspirants have to necessarily download the challan that would be automatically generated by the system.

The challan would have a unique identification number. Once the challan is downloaded, aspirants would be allowed to submit the fees ay any Syndicate Bank. Alternatively, the payments can also be done through NEFT from any other Bank.

Read more about: syndicate bank, bank, bse, nse
Story first published: Friday, May 20, 2011, 9:30 [IST]
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