Dakshin Bihar Gramin Bank invites application for concurrent Audit for FY 2024-25

Dakshin Bihar Gramin Bank invites application for concurrent Audit / Revenue Audit for FY 2024-25.

Dakshin Bihar Gramin Bank has invited applications from Chartered Accountants / Cost Accountants for concurrent Audit for FY 2024-25.

Dakshin Bihar Gramin Bank is a leading Regional Rural Bank of Bihar owned by the Government and sponsored by Punjab National Bank. It has 1078 branches across 20 districts in Bihar State.

The bank desires to engage Chartered Accountants / Cost Accountants and CA/CMA firms for conducting concurrent audit / revenue audit etc. of the Branches / CCPC / HO Departments.

The Application Form is available and can be downloaded from the website of the bank .

The Last date for receipt of the completed applications at Bank Head Office (Inspection Department) is 29th April, 2024. 

Applications should be marked as “Application for the selection of Concurrent  Audit in D.B.G.B.”

Firms which had already applied on the basis of earlier notification dated 27th August 2023 should avoid submission of the applications.

Address for submission of Applications:

General Manager
Inspection and Audit Department
Dakshin Bihar Gramin Bank
Head Office: Shri Vishnu Commercial Complex , NH-30
Asochak, Patna – 800030, Bihar

Broader Eligibility Criteria for empanelment of CA/CMA Firms:

1. Selection of the firms is the sole discretion of the bank.

2. CA/ CMA firms should be in preparedness to conduct concurrent audit in the bank w.e.f. 1st July 2024.

3. The selected firm shall be paid remuneration of Rs. 10000/- plus applicable taxes per month per branch for conducting concurrent audit and Rs. 1000/- per month per branch out of pocket expenses (and applying applicable taxes).

4. CA / CMA firms are not entitled for any additional benefits or perquisites.

5. Each audit firm may be entrusted with maximum of three branches for conducting monthly concurrent audit / revenue audit for a period of 12 months which may be extended further subject to satisfactory performance and request letter from CA/CMA firm that they are interested to serve further. A quarterly performance review of the firm shall be done by the bank.

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