Dear Aspirants,
Federal Bank, one of India’s leading private sector banks is on lookout for energetic and
talented youngsters, who aspire to be future industry leaders and posses the right skills and attitude to excel in relationship banking and customer facing roles, to team up as Officers (in Scale I) & Clerks.
Eligible candidates are advised to apply online between 23.08.2017 and 04.09.2017 (both days inclusive) only through the Bank’s website www.federalbank.co.in, after carefully going through the instructions contained in this advertisement.
Name of the Post: Officer Scale – I, Clerks
Scale of Pay and Other Emoluments:
i. Officer (in Scale I)
Candidate who joins the Bank as Officer in Scale I will be offered the following pay scale:
`23700 – 980/7 – 30560 – 1145/2 – 32850 – 1310/7 – 42020
DA, HRA, CCA will be paid as per rules of the Bank in force from time to time depending
upon the place of posting. Medical Aid, Hospitalization Scheme, Leave Fare Concession,
retirement benefits and other perquisites will be admissible as per Bank’s rules.
ii. Clerk
Candidate who joins the Bank as Clerk will be offered the following pay scale:
`11765 – 655/3 – 13730 – 815/3 – 16175 – 980/4 – 20095 – 1145/7 – 28110 – 2120/1 – 30230 – 1310/1 – 31540
HR -TALENT ACQUISITION AND DEPLOYMENT
DA, HRA, CCA will be paid as per rules of the Bank in force from time to time depending
upon the place of posting. Medical Aid, Hospitalization Scheme, Leave Fare Concession,
retirement benefits and other perquisites will be admissible as per Bank’s rules.
Period of probation:
i. Officer – Candidates selected as officers will be on probation for a period of 2 years.
ii. Clerk – Candidates selected as clerks will be on probation for a period of 6 months.
Eligibility Criteria:
Age (As on 01.07.2017)
i. Officer – Candidates shall not exceed 26 years as on 01.07.2017 (candidates should be
born on or after 02.07.1991) for being eligible for the post of Officer.
ii. Clerk – Candidates shall not exceed 24 years as on 01.07.2017 (candidates should be
born on or after 02.07.1993) for being eligible for the post of Clerk.
Educational Qualifications
i. Officer
Graduation with minimum 60% marks from any recognized university or other
institutions established by an Act of parliament or declared to be deemed as a
University under Section 3 of U G C Act, 1956.
Should have obtained minimum 60% marks for SSC or equivalent exam & 60% marks for
Plus 2 or equivalent exam.
Candidates should have acquired the stipulated educational qualification through
regular mode of study.
ii. Clerk
Graduation with minimum 60% marks from any recognized university or other
institutions established by an Act of parliament or declared to be deemed as a
University under Section 3 of U G C Act, 1956.
Candidates should have acquired the stipulated educational qualification through
regular mode of study.
Note:
Candidate should possess the stipulated educational qualification stipulated, as on date of
closure of online application gateway, i.e. 04.09.2017, and the result of qualifying
examination should be awarded by the university / institution on or before 04.09.2017.
Graduation course or equivalent examination must entail a minimum of 3 years of
education after completing higher secondary schooling (10+2) or equivalent. Graduation in
Agriculture/ Engineering means those who have passed a 10+2+4 year course. Graduation in Law means those who have passed 10+2+5 year course in law or degree in any subject + 3 year course in Law.
The percentage of marks obtained by the candidate would be based on the practice
followed by the University / Institution from where the candidate has obtained the
degree. In case of the candidates being awarded grades / CGPA instead of marks,
equivalence would be based on the equivalence certified by the University / Institution
from where they have obtained the degree. In case the University / Institution does not
have any scheme for converting CGPA into equivalent marks, the equivalence would be
established by the Bank by dividing obtained CGPA with the maximum possible CGPA and
multiplying the resultant with 100.
Year wise / semester wise mark sheet for each year / semester in respect of the
qualifying examination from the concerned University should be available.
Minimum percentage of marks prescribed for the qualifying examination is not allowed to
be rounded off.
Nationality:
The candidates applying for participation in the recruitment process shall be a citizen
of India.
Place of Domicile:
i. Officer – The place of domicile of the candidates applying for the post of Officer
should be located in any location / state in India.
ii. Clerk – The place of domicile of candidates applying for the post of Clerk should be
located in the states of Assam, Karnataka, Maharashtra, New Delhi / NCR or
Telangana.
Service Agreement
i. Officer
The selected candidates will be required to execute a Service Agreement upon joining the
Bank undertaking to serve the Bank for 2 years or to pay the Bank a sum of `50000/- in case the candidate leaves the Bank before completion of the service period.
ii. Clerk
The selected candidates will be required to execute a Service Agreement upon joining the
Bank undertaking to serve the Bank for 2 years or to pay the Bank a sum of `30000/- in case the candidate leaves the Bank before completion of the service period.
Test pattern: The online aptitude test pattern for the recruitment of Probationary Officer consists of 6 sections as given below:
The online aptitude test pattern for the recruitment of Clerk consists of 6 sections as given below:
Important Dates:
Click Here To View Recruitment Notification
