Federal Bank Officers/Clerk Salary In Hand 2024: The Federal Bank is going to release a notification for Officer (Scale-I) & Clerk recruitment. The contenders interested to join in Federal Bank PO Notification 2024 can check the eligibility criteria. The candidates who meet the eligibility requirements only register for the Federal Bank Clerk Recruitment. If anyone of the candidates not satisfies the requirements/ submitted false information is eliminated from the selection. The Federal Bank PO/ Clerk Applications will be available soon on the official website. The registered candidates can have the selection of online aptitude test, group discussion & personal interview for the Federal Bank Recruitment. The organization planning to conduct the Federal Bank PO & Clerk Online Exam. The contenders who appeared for the Federal Bank Online Recruitment Test can check their merit list on the website.
The publishing date of the Federal Bank Officer/ Clerk Exam merit list 2024 is intimate in our web portal. After releasing of the merit list official release the Federal Bank Officer/Clerk Exam Merit List 2024 on the basis of cut off marks. The Federal Bank PO/Clerk Cut Off Marks 2024 is the minimum qualifying marks for the examination. The candidate who got more than the cutoff only eligible to appear for Federal Bank PO GD & Interview. After completion of the Federal Bank Clerk GD/PI, candidates get the final merit list based on the performance of the candidate. Candidates shortlisted in Federal Bank PO/Clerk Final Merit List 2024 will get their joining letters on the website. The release date of Federal Bank Officer Joining Letter & process to get the Federal Bank Clerk Appointment Order are intimate in the article. The selected candidates can check the latest updates of Federal Bank PO/Clerk Jobs 2024.
Federal Bank Officers/Clerk Salary In Hand 2024
| Association Name | Federal Bank |
| Post Name | Officers (Scale-I) & Clerks |
| Available Vacancies | Updated Soon |
| Federal Bank PO/ Clerk Application Dates | Intimated Soon |
| Selection Process | Online Aptitude Test, Group Discussion (GD) & Personal Interview (PI) |
| Federal Bank Officer & Clerk Exam Date | Updated Soon |
| Article Category | Federal Bank PO Salary in Hand 2024 |
| Official Website | www.federalbank.co.in |
Federal Bank Jobs Salary In Hand 2024
For Officers (in Scale I) –
The basic salary applicable for the officer (in scale 1) is Rs.23700/- in the pay band of Rs. 23700 – 980/7 – 30560 – 1145/2 – 32850 – 1310/7 – 42020.
Federal Bank Clerk Salary Slip –
The aspirants selected for the clerk posts get the basic salary of Rs.13075/- with a pay scale of Rs. 11765 – 655/3 – 13730 – 815/3 – 16175 – 980/4 – 20095 – 1145/7 – 28110 – 2120/1- 30230 – 1310/1 – 31540.
Employee Benefits/ Allowances for Clerk & PO Vacancies
- DA
- Lease Rental/HRA
- CCA
- Medical & other allowances
- Perquisites as per rules in force from time to time
Check Here for Details of Federal Bank Employee Salary
Service Agreement for Federal Bank Jobs 2024
Officers –
The selected candidates are required to execute a Service Agreement undertaking to serve the bank for a minimum of 2 years at the time of joining. If in case the candidate leaves the bank before the service period, they need to pay the sum of Rs.50,000/- to the bank.
Clerks –
The shortlisted candidates need to execute a service agreement at the time of joining, that shows candidate serves for the joined bank minimum 2 years. If in case the candidate leaves the jobs before the service period then they need to pay Rs.30,000/- to the bank.
Federal Bank PO/Clerk Working Hours
The Federal Bank PO/ Clerk Work Timing is given below for the candidates visiting the bank. The applicants can also get an idea about Federal Bank Timings.
- Bank timing at Federal Bank is from 10:00 AM to 05:00 PM at all branches.
- Federal Bank Business Hours from 10.00 AM to 2:00 PM and 2:30 PM to 3:30 PM.
- Lunch Time at the bank for the employees is from 2:00 PM to 2:30 PM.
- This schedule gets followed from Monday to Friday including first and third Saturday.
- Bank remains closed on second and fourth Saturday as per the new regulations.
- The bank remains closed on National Holidays & Sundays.
- Apart from the national holidays, the bank observes local holidays & it varies with region.
Federal Bank Promotions
For Federal Bank PO Work Profile – Future Promotions –
Deputy Manager
↓
Branch Manager
↓
Senior Branch Manager
↓
Chief Manager
↓
Asst. General Manager
↓
Deputy General Manager
↓
General Manager
Federal Bank Clerk Work Profile – Scope & Promotions –
Bank Clerk
↓
Officer/ Assistant Manager
↓
Manager
↓
Senior Manager
↓
Chief Manager
↓
Assistant General Manager
↓
Deputy General Manager
↓
General Manager