Indian Overseas Bank Advances Department
Regional Office, 10 Ashok Marg, Hazratganj, Lucknow-226001
INTRODUCTION:
Indian Overseas Bank, Lucknow Region intends to empanel Jewel Appraisers and invites
Applications from Jewel Appraisers from Goldsmith family having 5-10 years of experience
in assaying the weight, value and fineness of Gold in the ornaments studded with or
without stones. Indian Overseas Bank, a Nationalised Bank, with its branches spread across
the country is into Banking Business which includes extending Jewel loans to its customers
against pledge of Gold Ornaments. Empanelled Appraisers herein after termed as
“Appraiser” will be allotted to various branches in Lucknow Region consisting of eighteen
Districts of Uttar Pradesh namely Lucknow, Agra, Faizabad, Unnao, Bahraich, Barabanki,
Rae Bareli, Kanpur Nagar, Jhansi, Etah, Etawah, Farrukhabad, Fatehpur, Firozabad,
Kanpur, Hathras, Kheri and Sitapur for appraising Jewels to be pledged by customers.
Applications are invited from eligible candidates for being appointed as Jewel Appraisers
at our following branches:
AGRA DISTRICT:
Agra - Main
Dayal Bagh, Agra
Fatehabad Road
Kamala Nagar (Nee Hathras Rd)
Kiraoli
R.B.S.College, Agra.
Rohta
Sikandra Bodla Road, Agra
BAHRAICH DISTRICT
Bahraich
BARABANKI DISTRICT
Barabanki
DEWA
ETAH DISTRICT
Etah
ETAWAH DISTRICT
Etawah
FAIZABAD DISTRICT
Faizabad
FARRUKHABAD DISTRICT
Farrukhabad
FATEHPUR DISTRICT
Fatehpur (U.P)
FIROZABAD DISTRICT
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Firozabad
Shikohabad
JHANSI DISTRICT
Cantonment Board, Jhansi
Jhansi
KANPUR DISTRICT
Burra, Kanpur
Lal Bangla, Kanpur
Mall Road, Kanpur.
Sarvodaya Nagar, Kanpur.1
Swaroop Nagar-Kanpur.
LAKHIMPUR DISTRICT.
Lakhimpur
LUCKNOW DISTRICT
Aashiana, Lucknow
Aliganj (Splzd Personal Bnkg)
Aminabad-Lucknow
Chinhat
Daliganj, Lucknow
Golaganj
Goldarwaza Chowk, Lucknow
Gomti Nagar
Gomti Nagar Phase II, Lucknow
Gosainganj
Indira Nagar, Lucknow
Kursi Road, Lucknow
Lucknow
Lucknow-Telibagh
Mahanagar, Lucknow
Moti Nagar
Munshipulia, Indira Nagar, Lucknow
Rajajipuram
Raj Bhavan
Sitapur Road
Vibhuti Khand, Lucknow
HATHRAS DISTRICT
Hathras
RAE BAREILLY DISTRICT.
Lalganj
Rae Bareilly
SITAPUR DISTRICT
Sitapur
UNNAO DISTRICT
Unnao
The selection of Appraiser will be based on all specific terms and conditions,
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general terms and other conditions mentioned in RFP (copy attached) .
Specific terms and conditions, general terms and conditions relating to this RFP for
empanelment of Jewel Appraisers are furnished hereunder.
1. PROJECT SPECIFIC TERMS & CONDITIONS:
1.1: SCHEDULE OF APPLYING PROCESS:
S.No Description of Information /
Requirement
Information / Requirement
1 Reference Number RFP/IOB/ADV/01 /2017-18
2 Date of Issue of RFP 20/09/2017
3 Application Submission Mode. Sealed covers containing self attested copies of
documents and bio-data in prescribed application
format are to be submitted to
The Chief Manager (ADV),
Indian Overseas Bank, Regional Office,
Hazratganj, Lucknow-695001
4 Last Date and Time for submission
of application along with
supporting documents.
07.10.2017
5 Date, time and venue for opening
the application
INDIAN OVERSESA BANK, REGIONAL OFFICE, III
FLOOR , NAVCHETNA KENDRA, 10ASHOK MARG,
HAZRATGANJ, LUCKNOW on 16.09.2017
6 Name of contact officials for any
enquiries.
MS. ARTI DHASMANA – Chief Manager.
7 Address for Communication /
Submission of application
INDIAN OVERSESA BANK,
REGIONAL OFFICE,
III FLOOR , NAVCHETNA KENDRA,
10ASHOK MARG, HAZRATGANJ,
LUCKNOW-226001
1.2 APPLICANT'S QUALIFICATION CRITERIA:
a) The applicants should be from Goldsmith family having 5-10 years of experience in
assaying the weight, value and fineness of Gold in the ornaments studded with or
without stones. (community Certificate to be enclosed)
b) The applicant should have preferably undergone necessary training for assaying
jewellery from any recognized organization and if so, copy of the certificate should be
enclosed with the application.
c) The applicant should be known locally for their work and should have good track
record. Applicants should produce at least TWO Testimonials from respectable persons
preferably known to the Bank in support of their family background, character,
conduct and experience as per Annexure –A provided in this RFP.
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d) The applicant should not be a Minor and the Maximum age of the applicant should
not exceed 55 years of Age. Relevant Age Proof in the form of Birth certificate issued
by Department of Births & Death / SSC certificate/Aadhaar Card/PAN card /Driving
License to be enclosed.
e) The applicant is not allowed to appraise Jewels for Other Schedule Banks and should
give a self declaration to the effect as per Annexure-B. The applicant appraising
Jewels for other Rural & Semi-urban branches of Indian Overseas Bank cannot apply.
f) The applicant should be willing to serve and be present at the allotted branch during
office hours for assaying of Jewel ornaments. He should have the experience in
assaying the weight, value and fineness of Gold in the ornaments studded with or
without stones and should certify the gold ornaments to be financed by the bank. The
applicant should provide a self declaration for having the said condition in Annexure-
C.
g) The applicant finally selected by the bank and engaged by the bank for assaying of
Jewels will be purely on piece work basis and cannot claim employment in the Bank. A
self declaration to the effect is to be provided as per Annexure-D by the applicants.
1.3 SELECTION PROCESS AND SCOPE OF WORK
1.3.1: Selection Process:
a) The candidate will be called for an interview and after verification of his/her
antecedents / original documents.
b) An interview will be conducted by Bank’s panel, to judge the candidates acceptance
by the bank and if found successful, he /she will be empanelled by the Bank for
providing Jewel Appraiser services. Applicants who are empanelled will be allotted
one Branch for assaying the Gold Jewels to be pledged by the customers.
c) Bank reserves the right to shift the appraiser from one branch to another. At times the
appraiser may be required to assay jewels of more than one branch customers as per
the requirement of the bank and appraiser shall not resist from such requirements of
the bank.
d) Separate engagement letters will be sent directly to selected applicants. The
applicants are required to sign a duplicate copy of the engagement letter and submit
the same to the bank/branch concerned within 7 days of receipt of the same in
having accepted the terms and conditions of the engagement letter and terms
stated in this RFP.
1.3.2: Scope of Work:
e) The applicant will be allotted to one of the branches that require the services of the
Jewel Appraiser from amongst the branches listed herein above. If the appraiser is not
willing to appraise the jewels of the branch to which he/she is allotted, then the
empanelment request of the applicant will be summarily rejected and the caution
money (Rs. 500.00) forfeited.
f) The applicant is required to be present in the Branch premises during working hours or
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at times directed by the branch management and do all such work connected with
Jewel Assaying and certification of genuineness and grading of the fineness of the
Jewels to be pledged by the customers.
g) Appraiser is engaged principally for doing the work which is ordinarily or customarily
done by “Jewel Appraiser” or upon the understanding that he is or may be engaged
of his own business or trade, provided that he shall be bound to attend to hours as
may from time to time be fixed or determined by the Bank and notified to him orally or
in writing and during such times or hours he shall devote all his attention to the work of
the Bank alone provided further that the Bank will not engage the Appraiser after the
business hours of the Bank.
h) Appraiser shall faithfully and diligently do or perform the work or duties from time to
time assigned to him at the allotted Branch and or at such other Branch or office of
the Bank as may be mutually agreed upon between the appraiser and the Bank and
shall in all respect, faithfully and diligently observe and obey all regulations, circulars,
rules orders , directions or Instructions in force in the Bank or from time to time issued by
the Bank or by any person or persons placed in authority over him in time to time
assigned or entrusted to him. In relation to his work as Jewel Appraiser, he may be
required and shall be bound to follow such procedure and to complete or fill such
forms or declarations as may from time to time be prescribed by the Bank.
1.3.3 Responsibility of the Appraiser:
a) Appraiser shall be responsible for certifying the weight, value and fineness of Gold in
the ornaments studded with or without stones, and the genuineness of all gold
jewellery assessed by him/her, which may be accepted by the Bank for pledge, on
the basis of his appraisal and hence shall be liable to make good on demand any loss
which the Bank may sustain in consequence of the erroneous or defective appraisal of
the pledged articles.
b) Appraiser shall be liable to make good to the Bank any loss or damage which shall or
may be caused to the Bank in consequence of any mistake, default, omission, neglect
or misconduct made or committed by him in the performance of his duties.
1.4: OTHER TERMS AND CONDITIONS:
1.4.1 Confidentiality clause:
Appraiser shall be bound to observe strict secrecy with regard to all affairs of the Bank, all
dealings and transactions of the Bank with other Banks or with its customers or others on all
matters pertaining thereto. Appraiser shall not either before or after his termination,
divulge or disclose any secret or confidential information entrusted to him or arising or
coming to his knowledge in the course of his work or duties or otherwise in or relating to
the business of the Bank or of the customers or others having business of dealings with the
Bank.
1.4.3: Security Deposit:
Selected candidates has to deposit Rs.25000/- as Security Deposit, which will be
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retained by Bank till his services are terminated. Bank will mark lien on this security
deposit and no loan against the same will be eligible. This Security Deposit duly
discharged by the Appraiser will be kept in Bank’s safe custody.
1.4.3: COMMISSION:
a) Appraiser shall not be paid any wages and shall be paid commission for assaying
of Jewels on per loan amount basis, as per Bank’s approved service charges rate
and the same shall be credited directly to the appraiser’s account with the branch
concerned, on a daily basis. No other allowances would be paid. The appraiser
shall thus be paid for the assaying services on per Loan amount basis and the
appraiser shall at no point of time claim any employment / wages. Details of
service charges payable currently is as per Annexure- E
1.4.4: ACCEPTANCE OF ALLOTMENT:
Separate engagement letters will be sent directly to selected applicants. The
applicants are required to sign a duplicate copy of the engagement letter and
submit the same to the bank/branch concerned within 7 days of receipt of the
same in having accepted the terms and conditions of the engagement letter and
terms stated in this RFP.
1.4.5: Termination of Engagement Order:
a) The Engagement order shall be reviewed annually or at periodicities required by
the bank, and shall remain in force till the services of the Appraiser are terminated
by the bank. Bank reserves the right to cancel the engagement order by giving
one month’s notice in writing. However Provided always that if the Appraiser shall
be guilty of negligence or gross carelessness in the performance of his duties or of
fraud, dishonesty or gross misconduct or if there shall be a breach of trust with the
Bank, it shall be lawful for the Bank to put an end to his services forthwith by giving
him a written notice of its intention to determine it forthwith, whose decision shall
be final and binding on the Appraiser.
b) The appraiser can also express his/her unwillingness to continue with the
engagement and in such case he/she needs to serve a three month Notice to the
bank for its acceptance, before which the engagement can be terminated.
1.5 AMENDMENTS TO RFP TERMS AND CONDITIONS:
Banks reserves its right to issue any amendments to the terms and conditions, at any
time prior to the deadline for opening of the applications. Such amendments to RFP
shall be webcasted through Bank’s official website.
1.6 BANK’S RIGHT TO ACCEPT OR REJECT ANY OR ALL APPLICATIONS:
Notwithstanding anything contained in any of the clauses, Bank hereby reserves its
right to accept or reject any or all applications.
***********
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APPLICATION FOR SELECTION AS JEWEL APPRAISER IN INDIAN OVERSEAS BANK
LUCKNOW REGION
Passport size
photo of
applicant to be
pasted and self
attested
1. Name of applicant:
2. Name of father :
3. Community:
3. Full address of applicant :
4. Age : ................. Years
5. Date of Birth: ............................
6. Past experience in the line : ___________ Years since:
7. Qualification for Assaying jewellery : Training passed / not passed.
From which organization:
(If passed, copy of certificate to be enclosed)
8. References: 1. Mr/Mrs...........................................
(Full address)
2. Mr/Mrs.............................................
(Full address)
(Self attested Copy of Aadhaar Card / Election ID / Driving Licence /any
other recognized document as per clause 1.2.(d) for proof of age and
address with photo to be enclosed)
(Self attested Copy of Community Certificate to be enclosed)
Date :
Place: Signature of candidate.
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ANNEXURE – A
TESTIMONIAL ( 1 )
CERTIFICATE
This is to certify that Mr...................................................., (address)
.............................................................................................................................
is personally known to me for the past .......... years.
a) He/she hails from a goldsmith family and experienced in assaying the
weight, value and fineness of gold ornaments studded with or without
stones.
b) He has a good, satisfactory track record skill-set of goldsmith works.
c) He has good experience in the line of activity for past .......... years.
d) His character is good and he is honest in his dealings /works with Public.
e) His conduct is good.
(Signature)
Name :
Address:
(Account with IOB, ..............................Branch)
A/c No:
Place:
Date :
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ANNEXURE – A
TESTIMONIAL ( 2 )
CERTIFICATE
This is to certify that Mr...................................................., (address)
.............................................................................................................................
is personally known to me for the past .......... years.
a) He/she hails from a goldsmith family and experienced in assaying the
weight, value and fineness of gold ornaments studded with or without
stones.
b) He has a good, satisfactory track record skill-set of goldsmith works.
c) He has good experience in the line of activity for past .......... years.
d) His character is good and he is honest in his dealings/works with
Public.
e) His conduct is good.
(Signature)
Name :
Address:
(Account with IOB, ..............................Branch)
A/c No:
Place:
Date :
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ANNEXURE – B
SELF DECLARATION
I hereby declare that I am not doing / engaged in jewel appraisal works for
any other Schedule Bank or any Rural or Semi Urban branches of Indian
Overseas Bank.
(Signature)
Name :
Address:
Place:
Date:
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ANNEXURE – C
SELF DECLARATION
I hereby declare that I am willing to serve and be present at the allotted
branch of Indian Overseas Bank during office hours for assaying of jewel
ornaments and I have the experience in assaying the weight, value and
fineness of gold in the ornaments studded with or without stones and shall
certify the gold ornaments to be financed by the Bank.
(Signature)
Name :
Address:
Place:
Date:
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ANNEXURE – D
SELF DECLARATION
I hereby declare that, if I am selected and engaged by the Bank for
assaying the jewels, I agree and am aware that the work will be purely on
piece work basis and I cannot and will not claim employment in the Bank.
(Signature)
Name :
Address:
Place:
Date:
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ANNEXURE – E
(Commission Payable to the appraiser for the appraisal of jewels Pledged
with the Bank is as per Bank’s Policy. Bank reserves the Right to change the
Commission amount payable to Jewel Appraisers.)
Presently the Charges payable to Appraisers are:
Rs 3.00 / loan amount of Rs 1000/= with a maximum of Rs 300/= per loan
ANNEXURE – F
LIST OF BRANCHES WITH GOLD LOAN EXPOSURE:
SN BRANCHES
Gold Loan Exposure Less than 1 Crore
AGRA DISTRICT:
1 Agra - Main YES
2 Dayal Bagh, Agra YES
3 Fatehabad Road YES
4 Kamala Nagar (Nee Hathras Rd) YES
5 Kiraoli YES
6 R.B.S.College, Agra. YES
7 Rohta YES
8 Sikandra Bodla Road, Agra YES
BAHRAICH DISTRICT
9 Bahraich YES
BALRAMPUR DISTRICT
10 Balrampur YES
BARABANKI DISTRICT
11 Barabanki YES
12 DEWA YES
ETAH DISTRICT
13 Etah YES
ETAWAH DISTRICT
14 Etawah YES
FAIZABAD DISTRICT
15 Faizabad
FARRUKHABAD DISTRICT
16 Farrukhabad YES
FATEHPUR DISTRICT
17 Fatehpur (U.P) YES
FIROZABAD DISTRICT
18 Firozabad YES
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19 Shikohabad YES
JHANSI DISTRICT
20 Cantonment Board, Jhansi YES
21 Jhansi YES
KANPUR DISTRICT
22 Burra, Kanpur YES
23 Lal Bangla, Kanpur YES
24 Mall Road, Kanpur. YES
25 Sarvodaya Nagar, Kanpur.1 YES
26 Swaroop Nagar-Kanpur. YES
LAKHIMPUR DISTRICT.
27 Lakhimpur YES
LUCKNOW DISTRICT
28 Aashiana, Lucknow YES
29 Aliganj (Splzd Personal Bnkg) YES
30 Aminabad-Lucknow YES
31 Chinhat YES
32 Daliganj, Lucknow YES
33 Golaganj YES
34 Goldarwaza Chowk, Lucknow YES
35 Gomti Nagar YES
36 Gomti Nagar Phase II, Lucknow YES
37 Gosainganj YES
38 Indira Nagar, Lucknow YES
39 Kursi Road, Lucknow YES
40 Lucknow YES
41 Lucknow-Telibagh YES
42 Mahanagar, Lucknow YES
43 Moti Nagar YES
44 Munshipulia, Indira Nagar, Lucknow YES
45 RAJAJIPURAM YES
46 Raj Bhavan YES
47 Sitapur Road YES
48 Vibhuti Khand, Lucknow YES
HATHRAS DISTRICT
49 Hathras YES
RAE BAREILLY DISTRICT.
50 Lalganj YES
51 Rae Bareilly YES
SITAPUR DISTRICT
52 Sitapur YES
UNNAO DISTRICT
53 Unnao YES