The Indian Bank has released the notification for the Apprentice. The candidates must know the details of the salary and job profile before attending this recruitment which helps to prepare mentally. The candidates who get selected will get a stipend of INR 12000 – 15000 per month based on the city. The candidates who will be selected will have 12 Months of On-the Job Training. The apprentices are not eligible for any other allowances/benefits. Check the complete details regarding the Indian Bank Apprentice Salary from the below article.
Indian Bank Apprentice Salary
The salary of the candidates is based on the city they will be working in. Below are city wise salary details.
| Branch | Salary |
| Metro / Urban Branches | INR 15000 per month |
| Rural / Semi Urban Branches | INR 12000 per month |
Indian Bank Apprentice Allowances
The apprentices are not eligible for any other allowances/benefits. However candidates who are working in the banking industry will be entitled to different allowances like Travel Allowance, House Rental Allowance, Dearness Allowance, etc which is one of the reason candidates applying for the Banking Exams.
Indian Bank Apprentice Hours of Training, Overtime and Holidays
- Apprentice shall be entitled to such holidays as are observed in the Bank
- The apprentice shall be imparted On Job Training.
- Apprentice shall be entitled to One Casual Leave on completion of one month of Apprenticeship. No other type of leave is applicable for the Apprentices.
- Apprentice can avail only 4 casual leaves at a time. Leave accumulated, if any will automatically get exhausted on termination / completion of contract.
- The daily hours of training will be as applicable to the clerical staff of the Bank.
- No apprentice shall be allowed for overtime
Contract with Indian Bank Apprentice
Candidates who are found suitable based on the merit list will be offered an apprenticeship engagement digitally by the Bank through the apprenticeship portal. Candidates who receive the apprenticeship offer online from the Bank will need to accept it on the portal within a specified time frame or by a given date.
Indian Bank Apprentice Period of Training
The candidates who get selected as Indian Bank Apprentice will have a period of training of 12 Months of On-the Job Training.
Indian Bank Apprentice Salary Slip
This salary slip outlines the key components of an Indian Bank Apprentice’s monthly earnings, including the basic stipend, allowances, and deductions.
Indian Bank Apprentice Job Profile
- Indian Bank offers apprenticeship opportunities for candidates looking to gain hands-on experience in the banking sector.
- Apprentices will undergo training and work across different departments of the bank to learn various banking operations and services.
- The apprenticeship program provides exposure to areas such as teller operations, customer service, loan processing, digital banking, and more.
- Apprentices will be trained to develop skills in banking products, procedures, regulations, and technology.
- The apprenticeship typically lasts for 1-2 years, during which apprentices receive a monthly stipend.
