Expiry On:15-07-2023

Job Description:

Federal Bank is hiring Officer in Junior Management Grade 1.

Eligibility criteria:

* Post Graduates with minimum aggregate of 60% from a University incorporated by an Act of the Central or State legislature in India or other educational Institutions established by an Act of Parliament or declared to be deemed as a University under Section 3 of UGC Act, 1956, or possess an equivalent qualification recognized by the Ministry of HRD, Government of India or approved by AICTE.

* Candidates should have a minimum aggregate of 60% or above throughout Class X, Class XII, Graduation and Post-Graduation.

* Candidates who are passing/passed out Post-Graduation in the academic year 2022-2023 are also eligible to participate in the selection process if they have cleared all the papers of previous years/semesters of the qualifying examination with aggregate of 60% as on 01.06.2023 and all the papers pertaining to subsequent semester(s) should be cleared along with the results of final year/semester examination. The final year/semester examination shall be cleared in the first chance.

* Candidates shall not exceed 27 years as on 01.06.2023 (candidates should be born on or after 01.06.1996) for being eligible to apply for the selection process. Age of SC/ST candidates shall not exceed 32 years as on 01.06.2023 (candidates should be born on or after 01.06.1991).

* Graduation course must entail a minimum of 3 years of education after completing higher secondary schooling or Diploma.

* Post-Graduation course must entail a minimum of 2 years of education after completing Graduation

* Candidates shall be a citizen of India.

* Work experience in Banking, Financial Services and Insurance (BFSI) sector is desirable


Period on probation:  A period of 2 years

 Scale of Pay and Other Emoluments:  

* Presently the starting Basic Pay applicable to Officers (in Scale I) is `36,000 in the scale of pay 36,000 - 1490/7 - 46430 – 1740/2 - 49910 – 1990/7 – 63840.

* The official will also be eligible for DA, Lease rental/HRA, CCA, Medical and other allowances and perquisites as per rules in force from time to time. The Cost to Company per annum would be a minimum of `10.29 Lakh and maximum of `13.98 Lakh depending upon the place of posting and other factors. The Take Home Pay will be approx. ₹68,000 per month (excluding statutory deductions like Income Tax, Profession Tax, NPS etc).

Location:  Posted in any of the Branches/Offices of the Bank depending upon the administrative requirements.


Selection Rounds:

* Online Aptitude Assessment, Potential Assessment through Group Discussion / Preliminary Interaction and Personal Interview or any other mode of selection as decided by the Bank.

* Online Aptitude Assessment, Potential Assessment through Group Discussion / Preliminary Interaction will be conducted virtually (Online) and the Personal Interview will be conducted across various interview centers if it is not conducted in virtual mode.


Read the official notification for detailed information: Click here!


How to Apply:

Apply at:

Last Date of Application: 15th July 2023

Application Fee: 

General / Others- 700

SC/ST- 140

Proposed Dates of Mock Assessments: 23rd July 2023 to 25th July 2023

Proposed Date of Online Aptitude Assessment: 30th July 2023


- 27-06-2023

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