Federal Bank Junior Management Grade 1 Officer Salary

Salary 2024

Federal Bank PO Salary

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. 

PostSalary
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

Federal Bank - Free Mock Tests

Federal Bank Scale I Officer Mock Test 3

Federal Bank Scale I Officer Mock Test 3

  • 90 Minutes
  • 150 Questions
Federal Bank Clerk Mock Test 3

Federal Bank Clerk Mock Test 3

  • 60 Minutes
  • 90 Questions
Federal Bank Scale I Officer Mock Test 2

Federal Bank Scale I Officer Mock Test 2

  • 90 Minutes
  • 150 Questions
Federal Bank Clerk Mock Test 2

Federal Bank Clerk Mock Test 2

  • 60 Minutes
  • 90 Questions

FAQs

The Federal Bank PO pay scale is Rs. 36000 - 1490/7 - 46430 - 1740/2 - 49910 - 1990/7 - 63840. The in hand salary of Federal Bank PO is Rs. 58,500.
No such information has been furnished in the official notification, however, in banks, employees have to serve 2 years as a probation period.
No such information has been mentioned in the official notification of Federal Bank PO. For further details on this you can call on the helpline no of Federal Bank.

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