Federal Bank Is Hiring Officers, Pay Scale Rs 42000
Federal Bank recruitment - PC : ndtv
Federal Bank has issued a notification in connection with the recruitment of Officers (in Scale I) and Clerks. Interested candidates should apply on or before August 27, 2018. 

Candidates should carefully read the Instructions available on the bank’s website before filling out the application online.

How to apply?
The simple application process as follows: 
Step 1: Visit www.federalbank.co.in. 
Step 2: Go to the recruitment notification. 
Step 3: Read the instructions and apply accordingly. 

Direct Link: http://ibps.sifyitest.com/fedbnscaug18/

Pay Scale and Other Emoluments

Officers (in Scale I)
Presently the starting Basic Pay applicable to Officers (in Scale I) is Rs 23700 in the scale of
pay Rs 23700 - 980/7 - 30560 – 1145/2 - 32850 – 1310/7 – 42020.

The official will also be eligible for DA, Lease rental/HRA, CCA, Medical and other allowances
& perquisites as per rules in force from time to time. The Cost to Company per annum would be a minimum of Rs 7.50 Lakhs and maximum of Rs 9.40 Lakhs depending upon the place of posting and other factors.

Clerks
Presently the starting Basic Pay (applicable to Clerks) is rs 13075 in the scale of pay Rs 11765
– 655/3 - 13730 – 815/3 - 16175 – 980/4 - 20095 – 1145/7 - 28110 – 2120/1 - 30230 –
1310/1 – 31540.

The official will also be eligible for DA, HRA/ Additional HRA, Medical and other allowances
& perquisites as per rules in force from time to time. The Cost to Company per annum would be a minimum of Rs 3.99 Lakhs and maximum of Rs 4.41 Lakhs depending upon the place of posting and other factors. 
Location
Candidates selected for the post of Officers or Clerks shall be posted in any of the Branches/Offices of the Bank depending upon the administrative requirements.

Period on probation.
Officers - Candidates selected as Officers will be on probation for a period of 2 years.
Clerks - Candidates selected as Clerks will be on probation for a period of 6 months. 

Eligibility Criteria
Age (As on 01.07.2018)
Officers – Candidates shall not exceed 26 years as on 01.07.2018 (candidates should be born on or after 01.07.1992) for being eligible to apply for the post of Officers.

Clerks – Candidates shall not exceed 24 years as on 01.07.2018 (candidates should be born on or after 01.07.1994) for being eligible to apply for the post of Clerks.

Educational Qualifications
Officers
Post-Graduates with minimum 60% marks in any discipline from a recognized University or any other Institutions established by an Act of Parliament or declared to be deemed as a University under Section 3 of UGC Act, 1956.

Candidates should have completed their Post-Graduation during the academic years 2016-17 or 2017-18 (passing out year of their post-graduation should be 2017 or 2018).

Candidates should have completed their academics (from 10th onwards) in
regular mode of study.

Candidates should have a consistent academic record of minimum 60% marks
from class 10th onwards (for 10th, 12th, Graduation and Post-Graduation).

Clerks
Graduates or Post-Graduates with minimum 60% marks in any discipline from a recognized University or any other Institutions established by an Act of Parliament or declared to be deemed as a University under Section 3 of UGC Act, 1956.

Candidates with highest qualification as Graduation should have completed their Graduation during the academic years 2016-17 or 2017-18 (passing out year should be 2017 or 2018).

Candidates with highest qualification as Post-Graduation should have completed their Post-Graduation during the academic years 2016-17 or 2017-18 (passing out year should be 2017 or 2018).

Candidates should have completed their academics (from 10th onwards) in regular mode of study.

Candidates should have a consistent academic record of minimum 60% marks from class 10th onwards (Graduates- 60% for 10th, 12th & Graduation) & (Post Graduates - 60 % for 10th, 12th, Graduation & Post–Graduation). 

Important Dates
Opening Date of Online Registration Gateway/
Remittance of Application fee:                                                    August 14, 2018

Closing Date of Online Registration Gateway/
Remittance of Application fee:                                                   August 27, 2018

Proposed Date of Online Aptitude Test for Officers and
Clerks:                                                                                             September 9, 2018