After successfully completing the specifically developed Job Graduate Diploma in Banking & Finance (PGDBF) programme, applicants for the post of POs in Junior Grade Scale I are recruited by Canara Bank.
The computerized objective test is used to screen applicants for admission to the course, which is followed by a Group Discussion and an Individual Interview. The Institute of Banking Personnel Selection (IBPS) is in charge of coordinating the online test, while Canara Bank is in charge of the other selection processes. Canara Bank also hires applicants for the job of PO based on the IBPS PO test, which comprises a prelims and mains exam, as well as an interview.
Canara Bank PO Recruitment 2021 Highlights
You can see all the basic details regarding the Canara Bank PO recruitment 2021 in the table below:
|Exam name||Canara Bank PO|
|Conducted by||Canara Bank|
|Exam stages||Online exam, GD and Interview|
|Exam duration||2 hours|
|Exam language||English and Hindi|
|Exam fees||General candidates: Rs 708
SC or ST or PWD: Rs 118
|Exam purpose||After finishing a one-year PGDBF programme at Manipal Global Education Services Pvt Ltd or NITTE Education International Pvt Ltd, POs are hired by the bank.|
Canara Bank PO Eligibility Criteria 2021
The qualifying criteria are a set of fundamental rules in terms of age, education, and nationality. Applicants must meet these requirements in order to be considered for the test. The following is a list of Canara Bank PO eligibility:
# Applicants must be a citizen of India
# Applicants must be a citizen of Nepal or Bhutan
# Tibetan refugee who arrived in India prior to January 1, 1962, with the aim of staying there.
# An individual of Indian descent who has moved to India from Pakistan, Sri Lanka, Burma, and East African nations such as Ethiopia, United Republic of Tanzania, Zambia, Uganda, Kenya, Malawi, Zaire, and Vietnam with the goal of living permanently in India.
# Applicants must ensure that they have received an eligibility certificate from the Indian government.
# Applicants must have a bachelor’s degree in any subject with a minimum of 60% and a minimum of 55% for SC, ST or PWD applicants.
# Applicants must be able to operate as well as work on a computer. Applicants who do not have them should obtain them within six months of joining the bank.
# Applicants must be able to communicate in Hindi both orally and in writing.
Age limitcanara bank po canara bank po recruiment 2021 canara bank po salary canara ba
Canara Bank PO will accept applications from young and enthusiastic individuals interested in pursuing a career as a banker with Canara Bank. Applicants must be between the ages of 20 and 30.
The upper age restriction is relaxed by 5 years for candidates from the restricted category. Additional information may be found in the table below:
|Scheduled caste or Scheduled Tribe||5 years|
|Other Backward classes||3 years|
|People with benchmark disabilities||10 years|
|Persons must have had a legal residency in the state of Jammu & Kashmir from January 1, 1980 to December 31, 1989.||5 years|
|People affected by 1984 chaos||5 years|
|Ex-Servicemen, authorised Officers, such as Emergency Commissioned Officers (ECOs), and short-service commissioned officers who have served in the military for at least 5 years and have been cleared on completion of their assignment other than by manner of discharge due to misconduct, severe impairment resulting from military service, or invalidation||5 years|
Canara Bank PO Registration
You may apply for the Canara Bank PO test online once you have met the eligibility criteria. His or her participation will be cancelled if any of the qualifying requirements are not met. Be very careful when filling out your online form application because no changes will be permitted after the application has been submitted. The steps are as follows for your convenience:
Step 1: Applicants should go to Canara Bank’s official site.
Step 2: To create the Online Application form, go to the Canara Bank homepage and select “CLICK HERE TO APPLY ONLINE.”
Step 3: Fill out the application form completely and accurately.
Step 4: Submit the scanned documents in the size and format that have been selected.
Step 5: Applicants should examine the application form before hitting FINAL SUBMIT to determine if any changes are required.
Step 6: Complete the application form by making a payment.
Canara Bank PO Application Fee
The application cost must be paid immediately after completing the form. Your application is not complete until you pay the cost. SC, ST or PWD applicants are free from paying the registration fee of Rs. 118, inclusive of 18% GST, as per government regulations. It is stated that no returns will be given under any circumstances. Kindly see the table below for further information on the application fee:
|SC, ST or PWD applicants||Rs. 118, intimation charges only includes GST|
|All others||Rs. 708, including GST|
Canara Bank PO Exam Pattern
The Canara Bank PO Exam 2021 has a fairly straightforward exam format. For each incorrect answer in the online exam, 0.25 marks will be deducted. The test will be divided into four portions, with the bank determining the total cutoff points for each of the four components. Candidates who take the test must get minimal cut-off scores in each area to advance to the next stage. The following is a summary of the marks distribution for the various exam subjects:
|Subject||No. of Questions||Marks Allotted|
Canara Bank PO Exam Syllabus
The Canara Bank PO syllabus is divided into four sections: general English, reasoning, quantitative aptitude and general awareness. Time and distance, Ratio and proportion, Time and work are all important subjects in Quantitative Aptitude. Topics like Puzzles, Seating Arrangement and Input and Output, among others, play an essential part in reasoning.
Knowledge of current events is essential for General Awareness since it bears significant weight on the test. It is also critical to have strong English language abilities in order to do well in this part.
|Quantitative Aptitude||Set theory, Percentages, Time and work, Trigonometry, Relations, Algebra, Permutations and combinations, Data Interpretation, Probability, Mixtures and Allegations, Speed, Distance and Time, Average, Mensuration|
|English||Vocabulary, Error spotting, Grammar, Reading Comprehension, Passage Making, Fill in the blanks, Jumble Words, Sentence Framing.|
|General Awareness||Current Affairs, Banking terms, Banking and financial awareness, Economic Terms, rates , National Institutions, Monetary policies, processes, Static GK.|
Canara Bank PO Vacancy 2021
The complete number of Canara Bank PO vacancies must be disclosed in the official notice. Earlier this year, the Canara Bank PO recruitment resulted in the announcement of 800 positions. The official announcement must be made public this year. As a result, have a look at the following detailed openings from the previous year:
Canara Bank PO Salary
Applicants who are hired as probationary officers at Canara Bank would earn between Rs. 36,000 and Rs. 38,000 per month. A probationary officer’s work description is comparable to those of other banks. Canara Bank PO offers a one-year Post-Graduate Diploma in Banking and Finance (PGDBF) programme, with successful graduates earning the title of PO at Canara Bank. The pay structure for the Canara Bank PO post is as follows:
|Pay Scale||State Level||District level||Metro Cities|
|Basic Salary||Rs. 23700||Rs. 23700||Rs. 23700|
|Dearness Allowance (DDA)||Rs. 12206.69||Rs. 12206.69||Rs. 12206.69|
|House Rent Allowance (HRA)||Rs. 1896||Rs. 1659||Rs. 2133|
|Special Allowance||Rs. 1836.75||Rs. 1836.75||Rs. 1836.75|
|City Compensatory Allowance (CCA)||Rs. 600||Nil||Rs. 870|
|Total Salary||Rs. 40,239.54||Rs. 39,402.54||Rs. 40,746.54|
Initially in the fifth year and ending in the tenth year after choosing the Bank curriculum to continue working in the Bank, the Bank will refund the whole course expenditures to the students enrolled as a Loyalty Bonus in a deferred pay that year.
Allowances and Benefits
In Canara Bank PO Pay 2021, students would provide numerous additional benefits in addition to the basic salary.
Dearness Allowances (DA)
It is the amount paid by the government to government employees and retirees in the form of living rules allowances.
House Rent Allowances (HRA)
This is a payment given to the employee in order to make their stay more pleasant.
Canara Bank’s Probationary Officer Post standards shall be followed while providing medical help.
Leave Fare Concession
This benefit is available to POs (Probationary Officers) and their family, and it is solely dependent on the Bank’s qualifications.
City Compensatory Allowance (CCA)
Employees are granted a taxable cost factor called CCA as a reward for working in a major city and allowing them to live comfortably. It is centered on the confirmed salary rather than the basic PayScale. Based on the region, the City Compensatory Allowance for Bank POs is generally 0%, 3%, or 4%.
A specific allocation is given to the Canara Bank PO. Grade 1 officers are the only ones who get these benefits. Canara bank employees receive these performance-based bonuses depending on their performance.
Employees receive a profit-sharing incentive in addition to their regular pay. Publication, medical, transport, conveyance, housing and furnishing allowances, as well as housekeeping and washing, are all covered.
Canara Bank is a good fit for a highly driven candidate looking for a job with perks. The applicant is entitled for the following benefits after completing their probationary period as a Canara Bank PO. Apart from job security, the employee will also benefit from certain other benefits.
# Child Safety
# Medical benefits
# Travel concession and leave
# Health Insurance
# Loyalty bonus
# House rent
# Increments Benefits
# House Maintains
With that, the article comes to an end. Millions of applicants have applied for the PO position, which has thousands of openings. The exam is easy, but the competition is fierce.
This website should be bookmarked in your browser if you are studying for any of these examinations. You can use the recommendations to gradually enhance your level of preparedness. If you need additional help, the UPSC Pathshala’s Bank PO course is a good place to start. Get a FREE DEMO by registering right now.
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