Recruitment Process for the post of Probationary Officer in Scale I 
Candidate who joins the Bank as Probationary Officer in Scale I will be offered the following pay scale:
`23700 – 980/7 – 30560 – 1145/2 – 32850 – 1310/7 – 42020
DA, HRA, CCA will be paid as per rules of the Bank in force from time to time depending upon the place of posting. Medical Aid, Hospitalization Scheme, Leave Fare Concession, retirement benefits and other perquisites will be admissible as per Bank’s rules.
The present Cost to Company (CTC) of a Probationary Officer [inclusive of all allowances & perquisites permissible] posted at Cochin is `8.04 Lakhs (approximately) on an annual basis and the approximate monthly take home pay is `43,000/- (approx).
Probation Period
Selected candidates will be on probation for a period of 2 years.
Eligibility Criteria (As on 01.01.2017)
Age
Shall not exceed 28 years as on 01.01.2017 (candidates should be born on or after 01.01.1989).
Work Experience
Candidate should have minimum 1 year experience in Clerical / Officer cadre in scheduled commercial / co-operative banks as on 01.01.2017.
Educational Qualifications
Candidates who completed Post Graduation in any discipline with minimum 55% marks, from any recognized university or other institutions established by an Act of parliament or declared to be deemed as a University under Section 3 of U G C Act, 1956.
OR
Candidates who completed Graduation in any discipline with minimum 60% marks, from any recognized university or other institutions established by an Act of parliament or declared to be deemed as a University under Section 3 of U G C Act, 1956 (AND) should have passed CAIIB certification from Indian Institute of Banking & Finance.
Important Dates
Opening Date of Online Registration Gateway 18.02.2017
Closing Date of Online Registration Gateway 28.02.2017
Online Aptitude Test date (tentative) 11.03.2017
More Info Visit http://www.federalbank.co.in/career
