Salary 2024
The main reason for any job to be popular is the facility, perks and attractive salary that one receives in the job. Federal Bank PO 2024 notification is a great opportunity for all those aspirants who want to start their career as a banker. The salary pay scale of Federal Bank PO is Rs 36000 - 1490/7 - 46430 - 1740/2 - 49910 - 1990/7 - 63840. The starting basic pay of Federal Bank PO is INR 36,000 per month. The home takeaway salary of Federal Bank PO is Rs 58, 500 / month. Besides this, you will be eligible for House Rent Allowance, Lease rental, medical, DA etc. As a Federal Bank PO, you will have a lot of duties and responsibilities to perform.
| Post | Salary |
|---|---|
| Federal Bank Junior Management Grade 1 Officer | Basic Pay - Rs. 36,000/-p.m. |
| Pay Scale - Rs. 1490/7 46430-1740/2-49910-1990/7-63840 | |
| Inhand Salary - Rs. 58,500/-p.m. | |
| Annual Income - Minimum - Rs. 9.57 /- Lakhs / Maximum - 13.32/- Lakhs (depending upon the place of posting and other factors) |
Job Profile
You will be designated as an Assistant Manager (PO) once you cross all the stages of being a Federal Bank PO (Probationary Officer), . Usually, Assistant Managers are supposed to be on a probation period of two years. In some of the banks, this period may be of just 1 year. PO is referred to as Junior Management Grade Scale - I, thus giving the designation of Scale - I Officer. This is a PAN India Job therefore, the Scale-I Officers are liable to get posted anywhere across India. A Federal Bank PO is practically expected to be perform the following tasks
- A Bank PO has to manage the cash flow, Loan processing, mortgages and finances.
- He/she has to supervise all the clerical tasks that take place in the bank.
- He is responsible to do customer interaction.
- A Bank PO has to work as a Public Relations Officer
- His job profile includes handling the customer complaints and other customer-related issues