Federal Bank, one of the large private sector bank with headquarters in kerala has announced recruitment of Probationary Officers (PO).Established in 1931, the bank is currently functioning with 1252 branches spread across 24 indian states.They also have recently opened representative offices in UAE.
The Indian banking sector is buzzing with activity & in a move to attract new businesses admist heavy competition, they are forced to bring advanced facilities to customers.
It is the reason why see large number of recruitments in public & private banks in recent years.Federal bank PO recruitment 2017 notification is one such announcement, that is sure to create some excitement among bank job aspirants.
Post & Payscale:
Probationary Officer (number of vacancies not disclosed)
The payscale for PO is Rs.23,700 – 42,020 apart from DA, HRA, CCA & other allowances/ benefits.While the total emoluments for an officer posted at Cochin is Rs.8.04 lakhs, the federal bank take home salary is Rs.43,000 /month (approx.)
Dates to Note:
Online application registration from Febraury 18 to 28, 2017
online written test on March 11, 2017
Who are Eligible?
For you to become eligible for federal bank PO recruitment, it is necessary to fulfil the following eligibility conditions:
- Age to be not above 28yrs, as on 1.1.2017
- Must have 60% in UG degree & passed CAIIB certification from Indian Institute of Banking & Finance OR 55% in PG degree, as on Jan 1, 2017
- 1 year experience in clerical/ officer cadre in any commercial bank
Applicants need not posses IBPS exam scores, as this is a private sector bank recruitment.So even those who couldnt qualify in the recent IBPS PO exam are eligible to apply.
* no relaxations in age for any categories (OBC,SC & ST)
The selection procedure will include Aptitude Test, Group Discussion & Personal Interview.The online test of 150 marks will be held for 90 minutes in the following pattern:
While there would be negative marks of 0.25 for each wrong answer, the qualifying marks in each section shall be decided by the bank based on the performance of all candidates.
Only the shortlisted candidates from online test will be called for group discussion & personal interview.
Steps to apply:
Application fees of Rs.700 & Rs.350 (SC/ST) should be paid online through a payment gateway integrated with the online application form.
The fee payment must be made before February 28, 2017
Refer: Candidates interested in applying for Federal Bank PO recruitment 2017 can download the notification from the bank website here (pdf)
Online application: Click here to apply