Federal Bank Clerk Salary | Salary Structure Format 2019 @ federalbank.co.in

private bank clerk salary

Federal Bank Clerk Salary

Federal Bank Clerk Salary 2019 Overview

Federal Bank Clerk Salary 2019: The Federal Bank Clerk Notification is out and the online registration date will be updated soon.This is a good opportunity for the people who are serious about looking job in Bank Sector of India. Federal bank have a large number of chain in all over world and Federal Bank has a wide range of Savings Accounts with smart features like Internet Banking, fund transfers.Federal bank is the signatory of bi-party settlements of bank along with government owned banks and banks like Kvb, lvb, south Indian etc. So, Recruitmenthunt.com is here with a descriptive details of the Salary Structure Format, work profile and growth prospects of Probationary Officer who is posted in a Public Sector Bank after qualifying the examination conducted by Federal Bank every year.

Aspirants who are appearing for the Federal Bank Clerk Examination should be serious about the examination and start their preparation by utilizing all the study materials which are provided in the below sections. Federal Bank Clerk Salary includes Dearness Allowances,House Rent Allowance (HRA), City Compensatory Allowance (CCA) and Medical Allowances.

Federal Bank Clerk Recruitment 2019 Notification

Name of the Board Federal Bank
Designation of Job Bank Clerk
Total no. of Vacancies Updated Soon
Category Salary
Work Location Across India
Required Educational Qualification Graduation
Federal Bank Official website federalbank.co.in
Mode of Application Online
No Of Stages Two

Federal Bank will announce vacancies for Bank Clerk very soon Please stay tuned and make use of all the updates regarding Examination and preparation here. This Federal Bank Recruitment 2018 is an excellent opportunity for the candidates who are eagerly  waiting for Federal Bank Bank Jobs. Thus, aspirants must utilize this and start preparing without wasting time. We are providing both Federal  Bank Clerk Prelims Exam syllabus & Federal Bank Clerk Mains Exam Syllabus, Exam Pattern, Exam Dates, Recruitment Details, etc. below for your guidance. There are many Perks and Benefits along with Federal Bank Clerk Salary.

Click here to download Previous Year Papers for Govt Jobs

Federal Bank Clerk Salary | Federal Bank Clerk Pay Scale 

The starting Basic Pay for Federal Bank Clerk is Rs 13,075.

Other allowances are calculated based on the Basic Pay as well as the location of posting. The Basic Pay along with other allowances forms the total Federal Bank Clerk Salary.

bank salary scale, federal bank clerk salary

Federal Bank Clerk Salary : Other Allowances

Federal Bank Salary Along with Other Allowances is mentioned below in the table. The allowances that are based on the Federal Bank Clerk Basic Pay as well as the location of posting are listed below in the table. Federal Bank Clerk Salary increment will be based on Experience and Performance.

Federal Bank Clerk Salary: Other Components & Allowances
Dearness Allowance (DA)
The DA is calculated on the Consumer Price Index and is revised quarterly. It increases or decreases based on inflation.
House Rent Allowance (HRA)
The HRA is calculated on the basis of the location of the posting. It is either 7, 8 or 9 percent of the Basic Pay based on where you are posted.
City Compensatory Allowance (CCA)
The CCA too depends upon the job location and is 0, 3 or 4 percent of the Basic Pay.
Medical and Other Allowances As per rules

Federal Bank Allowances includes Dearness Allowances(DA) which is payed for your parents family members for their joy and happiness. House Rent Allowances(HRA) which is for the house rent, City Compensatory Allowances (CCA) is issued based on the city standard and expense of the city and Medical Allowances is for the health issues which can be used for your family members.

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Federal Bank Clerk Job Profile, Roles & Responsibilities

Federal Bank Clerk is an entry-level job in the banking sector. As a Federal Bank Clerk, you will get to learn a lot of things about how the bank and its different departments work. You will gain practical knowledge of everything. The various roles and responsibilities of Federal Bank Clerk Salary  are mentioned below in the table :

Federal Bank Clerk Job Description: Roles & Responsibilities
1. Federal Bank Clerks, like the Clerical Cadres of any other bank, have to deal with the customers, provide customer support and services.
2. Federal Bank Clerks have to check and verify KYC norms of the Reserve Bank of India (RBI).
3. Federal Bank Clerks have to help customers with opening bank accounts, issuing of cheque books, etc.
4. they have the duty of reminding and informing customers of various rules, regulations, schemes, and policies related to banking.

<<Check Syllabus For All Government Jobs in India, here>>

Check Federal Bank Clerk Salary 2019 @federalbank.co.in

Finally candidates can check Federal Bank Clerk Salary and pay scale here. So, applicants can make their preparation easier by following Federal Bank Clerk Syllabus. Download Federal Bank Clerk Exam Pattern along with Federal Bank Clerk Previous Year Papers through this article. Also, for more job updates subscribe and stay tuned to our website RecruitmentHunt.


Updated: December 27, 2018 — 12:53 pm

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