Explore exciting career opportunities with the Central Directorate of National Savings (CDNS), Islamabad in 2024. Apply now to join a dynamic team dedicated to financial inclusion and national development. Corrigendum details available by Grow More Career (GMC)!
Central Directorate of National Savings Islamabad
A governmental body in Pakistan called the Central Directorate of National Savings (CDNS) Islamabad is in charge of encouraging savings and raising money for projects aimed at economic growth. Under the Ministry of Finance, CDNS was founded and provides a range of savings plans to entice people to put their money into safe and profitable ventures.
It serves both urban and rural communities with easily accessible financial services through a nationwide network of more than 376 branches. By directing these resources into profitable industries and boosting national economic growth, CDNS plays a critical role in promoting a savings culture and assisting with sustainable growth and development programs.
CDNS’ Responsibilities
- Providing Investment Options: CDNS continuously innovates its savings products to offer competitive returns and benefits. It adapts to market conditions and investor preferences to maintain relevance and attractiveness of its savings schemes.
- Promoting Savings Culture: CDNS aims to foster a culture of savings among the general public by offering attractive investment opportunities through various savings schemes. These schemes are designed to cater to different financial needs and risk appetites of investors.
- Expanding Financial Inclusion: By offering accessible savings products across Pakistan, including rural and remote areas, CDNS promotes financial inclusion. It allows individuals from all socioeconomic backgrounds to participate in formal savings and investment activities.
- Administering Savings Schemes: CDNS administers a range of savings schemes such as Regular Income Certificates (RICs), Special Savings Certificates (SSCs), Defense Savings Certificates (DSCs), and others. Each scheme has specific features and benefits tailored to different segments of the population.
- Ensuring Investor Protection: CDNS operates under strict regulatory frameworks to ensure the security and protection of investors’ funds. It maintains transparency in operations and adheres to governance standards to build trust among investors.
- Mobilizing Funds for Government: One of CDNS’s key functions is to mobilize funds for the government’s fiscal requirements. Savings collected through CDNS schemes contribute to financing development projects and meeting budgetary gaps.
Benefits of Utilizing Services in Central Directorate of National Savings
In several nations, the Central Directorate of National Savings (CDNS) provides a range of services pertaining to investments and savings. Regarding Central Directorate of National Savings (CDNS), Islamabad Jobs 2024 (Corrigendum) the following are some advantages of using their services:
- Government-backed Security: Investments and savings schemes offered by CDNS are often government-backed, providing a higher level of security compared to private institutions.
- Community Development: Investments in CDNS can contribute to community development through funding government projects and initiatives.
- Stable Returns: CDNS schemes often provide stable and predictable returns, making them attractive for conservative investors seeking steady income.
- Long-Term Savings Goals: They often provide products tailored for long-term savings goals, such as retirement planning or education funds.
- Accessibility: These services are often accessible nationwide, with branches or online portals available for easy access to savings and investment opportunities.
- Low Risk: Many CDNS schemes are designed to be low-risk, making them suitable for risk-averse investors looking to protect their capital.
- Tax Benefits: In some countries, investments in CDNS schemes may offer tax benefits or exemptions, making them financially advantageous.
- Financial Inclusion: CDNS services often aim to promote financial inclusion by offering savings opportunities to a broader segment of the population, including those in rural or underserved areas.
Job Advertisement Central Directorate of National Savings Islamabad 2024
| Availability | Contract |
| Experience | 2-3 years required |
| Region | Punjab |
| Education | Intermediate, Graduation, Masters |
| Total Vacancies | 446 |
| Location | Central Directorate of National Savings, Building Number 23-N, Civic Centers, Saving House, G-6 Markaz, Islamabad |
| Offered Salary | – |
| Age | – |
| Gender | Male, Female |
| Level of Skill | Management, Administration, must be computer literate |
| Designation | Assistant, Stenotypist, Librarian |
| Updated On | My 29, 2024 |
| Last Date to apply | July 6, 2024 |
Vacant Position
- Assistant BPS-14
- Stenotypist BPS-14
- Library Assistant BPS-12
- Junior Officer BPS-11
Eligibility Criteria
Grow More Career (GMC) provided detailed guideline of eligibility criteria:
- Bachelor’s degree (Economics, Statistics, Commerce), BBA, BCom, Intermediate (CA, CMA) or Masters degree is required to apply.
- Both males and female can apply.
- 03 years experience in Banking, Insurance, or Financial Institution.
- Must be computer literate
Application Process
Let’s have a look of application process for this job:
- Apply by registering as a job seeker at cdns.jobs.gov.pk.
- Sign and print the application.
- Send the signed copy to Central Directorate of National Savings, 23-N, Civic Center, Savings House, G-6 Markaz Islamabad.
- No fee is required.
- Applicants can apply till 12 June 2024.
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- Completed application form
- Updated resume/CV
- Copies of educational certificates and degrees
- National Identity Card (CNIC)
- Passport-sized photographs
- Any additional documents specified in the job advertisement
- Review of applications to shortlist candidates based on eligibility criteria.
- Some positions may require a written examination to assess candidates’ knowledge and skills.
- Shortlisted candidates are called for an interview.
- Successful candidates are notified and offered the position.
The CDNS, which funds development projects and encourages savings, is essential to Pakistan’s economic environment. Opportunities for employment at CDNS give people the ability to advance national development while pursuing fulfilling careers. Keeping up with corrigenda guarantees that candidates applying for jobs at CDNS have access to the most recent and accurate information.
FAQs
What is a Corrigendum?
A corrigendum is an official correction or amendment to a previously released job advertisement. It may include changes in eligibility criteria, application deadlines, job descriptions, or other important details.
What Types of Jobs Are Available at CDNS?
CDNS offers a variety of job positions, including administrative roles, finance and accounting positions, IT support, customer service roles, and management positions. The specific openings can vary year by year.
Can I Reapply If My Application Was Rejected Previously?
Yes, you can reapply for new positions as they become available, provided you meet the eligibility criteria specified in the new job advertisement.
Is There an Age Limit for CDNS Jobs?
Age limits can vary depending on the position. Always check the specific job advertisement for age-related eligibility criteria.
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