Odisha Grameen Bank Stock Auditor Empanelment 2026

Odisha Grameen Bank Stock Auditor Empanelment 2026: Official Overview

Odisha Grameen Bank has released an official advertisement inviting eligible Chartered Accountant (CA) firms for empanelment as Stock Auditors. This opportunity allows experienced financial professionals and audit firms to conduct stock audit assignments across various commercial and industrial sectors financed by the bank.

Detailed Vacancy & Eligibility Breakdown

The empanelment process operates on a direct scrutiny model without any written examination or interview stage. Practising CA firms that meet the institutional criteria set by the bank can apply offline. Candidates exploring regional banking engagements may also review the Daman & Diu State Co-operative Bank Cooperative Intern Recruitment 2026 recruitment details to stay informed about banking opportunities across states.

Eligibility Criteria & Qualification Framework

Applicants must ensure that their firm meets all the structural and professional requirements specified in the notification before sending their application packets.

1. Educational & Professional Qualifications

• ICAI Registration: The applicant firm must be a Chartered Accountant firm registered with the Institute of Chartered Accountants of India (ICAI).
• Overall Practising Experience: Minimum 5 years of post-qualification practising experience is mandatory. For audit firms, the standing and experience of the Managing Partner or Senior Partner will be considered as the firm's total experience.
• Specialized Audit Experience: At least 2 years out of the total experience must be dedicated to conducting stock audits across different industries or commercial sectors.
• Citizenship & Tax Status: The applicant must be an Indian citizen, and all partners or directors of the firm must be active Income Tax assessees.

2. Age Limit Criteria

Individual applicants, proprietors, or partners participating in the empanelment process must be between 25 years and 75 years of age as on the application cutoff date of 31 October 2026. No category-wise age relaxations are specified in the notification.

Remuneration & Professional Fee Structure

Selected CA firms will be empaneled to conduct stock audits as and when assigned by the bank's head office or regional inspection teams.

• Professional Fee: Rs. 7,500 per stock audit assignment.
• Tenure & Performance Review: Empanelment is maintained subject to satisfactory performance, with an annual review conducted by the bank management.

Selection Methodology

The selection for empanelment is entirely merit-and-experience based. There is no written test, Computer Based Test (CBT), or oral interview. The empanelment stages follow this sequential workflow:

• Stage 1 (Application Scrutiny): Verification of basic eligibility, ICAI standing, and age criteria.
• Stage 2 (Document Verification): Detailed evaluation of supporting proof, experience certificates, stock audit records, and firm registration details.
• Stage 3 (Empanelment Approval): Final shortlisting of qualified firms followed by periodic assignment allocation and annual performance review.

Application Fee Guidance

There is no application fee required for submitting empanelment proposals to Odisha Grameen Bank. All candidate categories (General, OBC, EWS, SC, ST, and PwD) are completely exempted from payment.

Step-by-Step Offline Application Procedure

Applications must be submitted strictly via Registered Post. Submissions made via email, standard courier, or hand delivery will not be considered by the inspection department.

• Step 1: Download Format: Access the official notification and standard Annexure-A application format from the bank portal (odishabank.bank.in).
• Step 2: Prepare Biodata: Print the Annexure-A format or prepare the complete firm biodata on the official letterhead of the CA firm.
• Step 3: Attach Photographs & Signatures: Affix self-attested passport-sized photographs of the proprietor, all partners, or directors. Ensure every partner or director signs the application form.
• Step 4: Compile Supporting Documents: Enclose self-attested copies of ICAI registration certificates, firm PAN/TIN/UCN, individual partner PAN cards, and verifiable documentary proof of stock audit assignments completed in various sectors.
• Step 5: Envelope Packaging: Place the application form and enclosures in a secure envelope. Superscribe the top of the envelope clearly with: "Application for Empanelment of Stock Auditor - 2026".
• Step 6: Dispatch via Registered Post: Send the sealed packet to the following postal address:

Required Documents Checklist

Ensure the following self-attested documents are compiled in order before posting the application envelope:

• Duly filled Annexure-A application form signed by all partners/directors.
• Self-attested photograph of the proprietor, all partners, or directors.
• ICAI Registration Certificate and firm constitution certificate.
• PAN / TIN / UCN card copy of the firm and individual PAN cards of all partners.
• Documentary proof establishing at least 5 years of post-qualification practice.
• Proof of conducting stock audits for at least 2 years (sanction letters, appointment letters, or completion certificates).
• Proof of Income Tax assessee status for all partners/directors.

Candidate Advisory & Common Pitfalls

Applications missing mandatory partner signatures or documentary evidence of stock audit experience are liable for summary rejection without notice. CA firms must dispatch their packets well in advance to prevent transit delays before the 31 October 2026 (5:00 PM) closing deadline.