Federal Bank has recently announced a golden opportunity for aspiring banking professionals with the release of its Federal Bank Recruitment 2024 notification. This recruitment drive aims to fill Junior Management Grade I vacancies across India. The online application window is open from 30th July 2024 to 12th August 2024. Eligible candidates are encouraged to apply promptly to seize this opportunity.
Federal Bank Recruitment 2024 – Highlights
- Organization Name: Federal Bank
- Post Name: Junior Management Grade I
- Job Type: Central Govt
- Recruitment Type: Banking Sector
- Vacancies: Anticipated
- Job Location: Across India
- Salary: Rs.48,480 – Rs.85,920 (Per Month)
- Mode of Application: Online
- Application Start Date: 31st July 2024
- Last Date to Apply: 12th August 2024
Job Details and Descriptions
Important Dates
- Starting Date to Apply: 31st July 2024
- Last Date to Apply: 12th August 2024
- Proposed Dates of Mock Test: 23rd August 2024 to 26th August 2024
- Proposed Date of Online Aptitude Test: 1st September 2024
Vacancy Details
- Junior Management Grade I: Anticipated Vacancies
Salary Details
The starting Basic Pay for Officers in Scale I is Rs.48,480, with the pay scale ranging from Rs.48,480 – 2000/7 – 62,480 – 2340/2 – 67,160 – 2680/7 – 85,920. Officers will also receive Dearness Allowance, Lease Rental/House Rent Allowance, City Conveyance Allowance, Medical, and other allowances and perquisites as per the prevailing rules. The annual Cost to Company (CTC) will be between Rs.12.21 Lakhs and Rs.16.31 Lakhs, depending on the place of posting and other factors. The approximate Take Home Pay will be Rs.80,500 per month (excluding statutory deductions).
Age Limit (As on 01.06.2024)
- Maximum Age: 27 years (Born on or after 01.06.1997).
- For Candidates with BFSI Experience: Upper age limit relaxation of 1 year, up to 28 years (Born on or after 01.06.1996).
- For SC/ST Candidates: Upper age limit is 32 years (Born on or after 01.06.1992).
Qualification
- Educational Requirement: Post-Graduation from a recognized University or equivalent qualification approved by the Ministry of HRD, Government of India, or AICTE.
- Academic Performance: Minimum aggregate of 60% or above throughout Class X, Class XII / Diploma, Graduation, and Post-Graduation.
Application Fee
- General: Rs.700/-
- SC/ST: Rs.140/-
- Additional Charges: GST at applicable rates (18%) to be charged extra.
- Payment Mode: Debit Card, Credit Card, Net Banking.
Selection Process
The selection process includes:
- Online Aptitude Test: Conducted virtually.
- Group Discussion: Conducted virtually.
- Personal Interview: Conducted offline at various centers unless otherwise decided by the Bank.
Each selection round will be an elimination stage. The Bank reserves the right to shortlist candidates based on administrative requirements. Marks or ratings secured during any selection round will remain confidential and undisclosed.
Job Location
Selected candidates for Junior Management Grade I posts will be placed in any of the Federal Bank branches/offices across India based on administrative requirements.
Venues for Personal Interview
Interviews are proposed to be conducted at the following centers:
- Ernakulam
- Kottayam
- Kozhikode
- Thiruvananthapuram
- Ahmedabad
- Coimbatore
- Indore
- Mumbai
- Bangalore
- Delhi
- Kolkata
- Nagpur
- Belgaum
- Patna
- Chandigarh
- Guwahati
- Pune
- Chennai
- Hyderabad
- Lucknow
How to Apply
If you meet the eligibility criteria and are interested in the Junior Management Grade I position, follow the steps below to apply online from 31st July 2024 to 12th August 2024:
- Visit the Official Website: Go to Federal Bank’s official website.
- Find the Job Notification: Locate the Junior Management Grade I Job Notification in the “Recruitment / Career / Advertising Menu” and click on it.
- Download and Read the Notification: Download the official notification and read it thoroughly to understand the eligibility criteria and other details.
- Access the Online Application: Use the online application/registration link provided in the notification.
- Fill in the Details: Enter all required details accurately without any mistakes.
- Upload Documents: Upload all necessary documents as specified in the notification.
- Submit the Application: Verify the details and submit the application.
- Pay the Application Fee: If applicable, pay the examination fee as per the notification’s instructions.
- Print the Application: Take a printout of the application form and keep it safe for future reference.
By following these steps, you can successfully apply for the Junior Management Grade I posts in Federal Bank and take a step towards a promising banking career.
| Official Notification | Click Here |
| Apply Online | Click Here |
| Official Website | Click Here |