Join Federal Bank as an Associate in Non-Officer (Clerical) Cadre: Build a Career in Banking Today

✓ Last verified on 13 July 2023 from official notification

Title: Join Federal Bank as an Associate in Non-Officer (Clerical) Cadre – Exciting Opportunity

Job Description:

Federal Bank, one of India’s premier private sector banks, is inviting applications from talented, young, and dynamic individuals to join as Associates in the Non-Officer (Clerical) Cadre. As an Associate in this role, you will be responsible for relationship banking and client-facing positions. Based on administrative requirements, you will be posted in any of the Bank’s branches or offices.

Job Responsibilities:

• Provide personalized banking services to clients, ensuring exceptional service.
• Contribute to achieving the bank’s targets and goals.
• Meet potential and existing clients to identify their needs and provide relevant solutions.
• Build and maintain strong relationships with clients.
• Complete all activities related to the required processes.
• Adhere to bank policies and regulations.
• Manage customers’ accounts and appropriately assess their financial needs.

Requirements:

To be eligible for this position, candidates should meet the following requirements:

• Hold a Bachelor’s degree with a minimum aggregate of 60%, declared as equivalent by the Ministry of HRD, Government of India, or approved by AICTE.
• Score a minimum aggregate of 60% or above throughout Class X, Class XII, and Graduation.
• Candidates should not be more than 24 years old as of 01.06.2023 (those born on or after 01.06.1999) to be eligible to apply. However, the age of SC/ST candidates should not exceed 29 years as of 01.06.2023 (those born on or after 01.06.1994).
• Candidates must be citizens of India.

Compensation:

• Starting basic pay for Associates: INR 17,900.
• Eligible for DA, HRA/Additional HRA, Medical, and other allowances & perquisites as per the rules in force.
• Cost to Company (CTC) per annum: Minimum of INR 5.75 Lakhs to a maximum of INR 5.88 Lakhs, based on posting location and other factors.
• Take Home Pay: Approximately INR 39,000 per month (excluding statutory deductions like Income Tax, Profession Tax, NPS, etc.).
• Probation period: 6 months.

Selection Process:

The selection process for recruitment includes the following stages:

1. Online Aptitude Assessment.
2. Potential Assessment through Group Discussion / Preliminary Interaction.
3. Personal Interview or any other mode of selection decided by the Bank.

Each selection round will be an elimination stage. Candidates can apply online through the ‘Careers’ page of the Bank’s website (www.federalbank.co.in). Please provide a photo identity proof, address proof, and self-attested copies of mark sheets and documents of educational qualifications obtained in all semesters/years.

Application Process:

To apply for the position, follow these steps:

1. Visit the Bank’s website (www.federalbank.co.in).
2. Navigate to the ‘Careers’ page.
3. Fill out the online application form.
4. Submit the form between 26.06.2023 and 15.07.2023.
5. Candidates who have completed their Graduation in the academic year 2022-2023 are also eligible to participate in the selection process.
6. Graduation course should entail a minimum of 3 years of education after completing higher secondary schooling or Diploma.
7. Ensure you have the year-wise/semester-wise mark sheets for each year/semester of the qualifying examinations from the respective Board/University/Institution.

Service Level Agreement:

Selected candidates will be required to execute a Service Level Agreement upon joining the Bank. This agreement commits them to serve the Bank for a minimum period of 2 years. In case a candidate leaves the Bank before completing the stipulated minimum service period, they will be liable to pay the Bank a sum of INR 30,000/- as the cost of training (Subject to Banks approval and norms followed).

Application Fee:

• General/Others: INR 600/-
• SC/ST: INR 120/-
• GST at applicable rates (@18%) will be charged additionally.

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