Canara Bank PO Salary: Here’s What You Need to Know about the PO Job Recruitment

Do you want a secure job in the Canara Bank? Are you wondering about the Canara Bank PO salary? Well, this article will resolve all your queries.

You can get onto an incredible designation of Probationary Officer, PO by the successful completion of PGDBF, Post Graduate Diploma of Banking and Finance which is a one-year diploma program designed specifically to provide an opportunity to get a secure and comfortable job.

This is a 9-month program with a 3 months training environment to let you know all the facts and protocols. You might be searching for various questions to resolve your queries and confusion. Do not get stressed, here is the complete information. Continue reading the article.

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Canara Bank PO

The Canara Bank has started to provide a facility to the candidates who want to get a PO job. The availability of a 9-month PGDBF, Post Graduate Diploma of Banking and Finance program with 3-months of training enables you to learn all the protocols and procedures of the Bank PO.

The institutes for the extremely productive program or course will be either  Manipal Global Education Services Ltd, Bengaluru, or NITTE Education International Private Limited Greater Noida Campus. You get a stipend of ten thousand rupees during the course. It is paid for three months. You will also receive the payment of 4 thousand rupees for the reimbursement towards the purchase of uniforms.

Canara Bank PO Salary

If you are searching for the salary of the bank PO to get a secure future in the field, look below. All the necessary things related to salary are given in this article.

# Basic Salary:- Rs. 15080– Rs. 24500.

#. Dearness Allowance:- Rs. 8732– Rs. 10800.

#. House Rent Allowance:- Rs. 8025– Rs. 9025.

#. Medical Aid:- Rs. 7203 – Rs.  8320.

#. Newspaper:- Rs. 275 – Rs. 300.

#. Petrol:- Rs. 2500 – Rs. 3050.

#. Pension Contribution:- Rs. 2250 – Rs.2525.

#. Gross Salary:- Rs. 25123 – Rs. 35250.

The salary of the Canara Probationary Officers for the structure is Rs.25123 – Rs. 35250 including all perks and allowances.

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What are the Roles and Responsibilities of Bank Po?

The role of the Probationary Officer is essential. You have to handle a variety of duties sitting on the post of the Canara Bank PO. Have a look at the basic duties and responsibilities.

#1. You have to be perfect in customer dealing and maintenance along with supervising regular branch activities.

#2. You would be required to look after the public relations, regulating and monitoring the branch activities, and address the customer-related grievances if you are related to the public sector bank. Moreover, your duty will include the approval and monitoring of the daily branch along with handling the loan processing and customer transactions.

#3. You must be a multitasker and verify the regular work activities of the clerks.

#4. Designated on the post will bring more opportunities to get placed in other public service banks in higher positions. Seniority is considered for promotion in the bank scenario.

Canara Bank PO Eligibility

Before applying for the exam, you need to ensure the eligibility criteria. You must be aware of the rejection of your candidature if you will fail to meet the eligibility requirements. You must possess all the qualifications to go ahead with the application.

You are advised to go through the eligibility criteria to proceed further with your ambitions. We have covered the eligibility criteria for you. Let’s grab the significant information.

Educational Criteria for Bank PO

If you are keenly interested in applying for the PGDBF, Post Graduate Diploma in Banking and Finance, you need to have a Bachelor’s Degree from a recognized university. It should be with a minimum of 60% marks (55% marks for SC/ST/PWD) in any discipline or any equivalent qualification recognized by the central government.

You should note that 59.99% will be treated as less than 60% and 54.99% will be treated as less than 55%. So, if you are trying to be placed on the best designation, do not forget these eligibility criteria.

Have a Look at the Age Criteria!

The age criteria play a very important role in the selection process. You must be aware of the particular age for participation. The Canara Bank invites young and passionate minds and souls to handle the job with effectiveness. The bank wants the people with enthusiasm and mindfulness who want to make their career as a banker.

You must acknowledge that your age has to be between the given age slots. If it is not the same, you must try for something else rather than wasting your time in this field. The criteria for the Bank PO are Minimum age – 20 Years / Maximum age – 30 years. Be aware of all such necessary elements.

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Do you Know About Age Relaxation?

If you don’t know about the age relaxation advantages, here is the information that you must grab. Certain communities like SC/ST/PWD receive an upper age relaxation under the provisions made by the government. If you belong to any of these categories, you will get a relaxation of 5 years in terms of age.

Now, let’s talk about the people belonging to the OBC category. If you belong to OBC, you are given a relaxation of 3 years that can bring success to you. Not only this, the people who are affected by the 1984 riots are also eligible for the upper age relaxation. For further details, have a look below.

Relaxation of Age for the Candidates

S.No.	Category	Relaxation Period
1.	Scheduled Caste/ Scheduled Tribe candidates	5 years
2.	Other Backward Classes (Non-Creamy Layer) candidates	3 years
3.	Persons with Benchmark Disabilities	10 years
4.	Persons ordinarily domiciled in the State of Jammu & Kashmir during the period 01.01.1980 to 31.12.1989	5 years
5.	Persons affected by 1984 riots	5 years
6.	Ex-Servicemen, Commissioned Officers including Emergency Commissioned Officers (ECOs)/ Short Service Commissioned Officers (SSCOs) who have rendered at least 5 years military service and have been released on completion of assignment otherwise than by way of dismissal or discharge on account of misconduct or inefficiency or physical disability attributable to military service or invalided	5 years

Canara Bank PO Recruitment 2021

You must be searching for complete information about the recruitment process and the criteria for the Canara bank PO recruitment in 2021. Your search ends here as we have it for you. The basic prerequisites or protocols for the recruitment process are written below.

#1. You must be a citizen of India or,

#2. You must have a subject of Nepal or,

#3. You must have a subject of Bhutan or,

#4. You should be a Tibetan refugee. This is valid for those who came over to India before 01.01.1962. If you are among them intending to permanently settle in India. You are eligible if you are a person of Indian origin who has migrated from Uganda, Pakistan, Sri Lanka, Sri Lanka, Zambia, East African Countries of Kenya, Malawi, United Republic of Tanzania, Ethiopia, Vietnam, and Zaire. You must have come up to permanently settle in the country, India provided that a candidate belonging to categories (ii), (iii), (iv) or,

#5. You are eligible if you are a person in whose favour a certificate of eligibility has been issued by the Government of India. The individuals can apply for the exam with admission to the Group Discussion/Interview which is conducted by the Bank, but on final selection. The offer of appointment may be given only after the necessary eligibility certificate issued by the Government of India, is prepared.

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Prerequisites for Canara Bank PO

If you are interested in the Bank jobs and want to grab the opportunity of getting placed on the designation of PO, you need to have particular qualities and know the prerequisites to stand by them. Here are the prerequisites required. Know them all by continuing to read the article ahead.

Prominent Prerequisites!

You should have a knowledge and understanding of operating and working on computer systems. It is primarily needed in a bank job. You must be computer literate along with acquiring essential qualifications in the same. It is required by the candidates before you apply for the post. You can either possess the qualification or acquire it within 6 months from the date of joining.

Furthermore, the Hindi language is a must to know. You have to be fluent in understanding and speaking Hindi. If you do not possess it, you can acquire it before the completion of the probationary period.

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Conclusion

We believe that this article has helped you to gain potential information about the Canara Bank PO. If you think of yourself as a potential candidate for the job, you must start preparing for it as soon as possible.

You can comment below to get the solution to your questions or visit the UPSC Pathshala website. The Bank PO exam details are astounding for every candidate. The experts will let you know about the guidelines and strategies to follow along with the best mentorships.

Therefore, do not waste time in further thinking, if you want to have a sparkling life ahead, do not miss the opportunity of touching the sky.