Federal Bank Junior Management Grade I 2023 Exam Details: Prepare for Success

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Easetolearn is the largest online learning platform that gives you the latest and updated exam details for your Federal Bank PO examination 2024. Candidates can get all the latest Federal Bank PO Exam information like Federal Bank POkey dates, Federal Bank PO eligibility requirements, Federal Bank PO Qualification, Federal Bank PO Fee information, Federal Bank PO application procedures, etc.

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Click Here for Federal Bank Officers Information Brochure 2024

OVERVIEW OF FEDERAL BANK OFFICERS EXAM DETAILS

Federal Bank is recognized as one of the leading private banks. This bank's headquarters is located in Aluva, Kochi. The Bank issued its Federal Bank PO Notification for hiring Junior Management Grade 1 (Scale 1) Officers in various bank locations.

The Federal Bank offers a variety of services to its customers, including mobile banking, mutual funds, and internet banking. In India, the bank has more than 1,250 branches located in different states. Additionally, it has representative offices in Abu Dhabi, Qatar, Kuwait, Oman, and Dubai.Federal Bank is interested in recruiting talented and committed candidates who possess the potential and required skills to successfully carry out their various banking jobs.

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FEDERAL BANK PO EXAMINATION–IMPORTANT DATES

· Release of Federal Bank Officers Notification 2024– 31st July, 2024

· Starting date of Federal Bank Officers Application Form 2024 – 31st July, 2024

· Last date to submit Federal Bank Officers Application Form 2024 – 12 August 2024

· Proposed Dates of Federal Bank Officers Mock Assessments – 23rd August 2024 to 26th August 2024

· Proposed Dates of Federal Bank Officers Online Aptitude Assessment –1st September 2024

Federal Bank Officers Eligibility Criteria 2024

Nationality: Candidate must be a citizen of India.

Domicile Place: The place of domicile of the candidates applying for the post should be in any of the States of Andhra Pradesh, Karnataka, Kerala, Maharashtra, New Delhi, Punjab, Tamil Nadu, or Telangana.

Federal Bank Officers Application Fees 2024

All candidates must pay an application fee to be able to successfully apply for the PO post. The application fees can only be paid online through the payment gateway, using a Debit Card (RuPay/Visa/MasterCard), Credit Card, UPI, or Internet Banking. Following is a list of the various categories' application fees:

Candidates can pay the application fee from 31st July, 2024 (Onwards) to before 12 August 2024which is closing date of online registration gateway.

How to Apply Federal Bank Officers 2024

Visit and log on to the bank's website, www.federalbank.co.in, click the "Careers" link, select the "Current Openings" tab, and then click the link "Recruitment Process" 2024–25 to submit applications online.
Now select the "Apply Now" button located beneath the link "Recruitment Process 2024 - 25".

Federal Bank Officers - Scale of Pay and Other Emoluments

Currently the starting Basic Pay applicable to Officers (in Scale I) is 48,480 in the scale of pay Rs. 48,480 - 2000/7 - 62480 – 2340/2 - 67160 – 2680/7 – 85920.

In accordance with the rules in force from time to time, the official will also be eligible for DA, Lease Rental/HRA, CCA, Medical, and other benefits.

The cost to the company per year would range between Rs.12.21 Lakhs and maximum of Rs.16.31 Lakhs depending on the location of the posting and other factors.

Federal Bank Officers Probation Period

Candidates who have been selected as officers will serve a two-year probationary period.

Federal Bank Officers Service Agreement:

The chosen candidates will be expected to sign a service agreement when they start working for the bank, promising to stay for two years or to pay the bank 50,000/- if they leave the Bank before completion of the service period.

Federal Bank Officers Mode of Selection 2024

Candidate selection will be based on following –

- Online Aptitude Test,

- Group Discussion,

- Robotic InterviewandPersonal Interviewor

- Any other mode of selection which will be decided by the Bank.

The online aptitude test will be followed by a psychometric questionnaire for a maximum duration of 15 minutes.

Federal Bank Officers Venues for the Written Test-

The Online aptitude test will be conducted at venues given in the respective call letters. There is no exception to the rule regarding requests to alter the location, time, date, or session of the online aptitude test. Once an applicant has selected a centre, that decision is final.

FOR MORE DETAILED INFORMATION OF FEDERAL BANK OFFICERS 2024 –

Click Here for Federal Bank Officers Information Brochure 2024

Click Here for Official Website of Federal Bank

Click here to Apply online for Federal Bank Officer

FAQs related to Federal Bank Junior Management Grade I Exam 2024-

What is the Federal Bank Junior Management Grade I Exam?
The Federal Bank Junior Management Grade I Exam is a competitive examination conducted by Federal Bank to recruit candidates for the position of Junior Management Officer in Grade I.

Who is eligible to apply for the exam?
Candidates must have a minimum educational qualification of a graduate or postgraduate degree in any discipline from a recognized university with a minimum of 60% marks. Additionally, candidates should not be older than 26 years as of a specified date.

What is the selection process for the exam?
The selection process typically involves an online aptitude test followed by a group discussion and personal interview for candidates who qualify in the online test.

What is the exam pattern for the online aptitude test?
The online aptitude test generally consists of sections such as Verbal Ability, Logical Reasoning, Quantitative Aptitude, General Awareness, and Computer Knowledge. The test is objective type with multiple-choice questions.

How can candidates apply for the exam?
Candidates can apply online through the official website of Federal Bank. The application process involves filling out an online application form and paying the requisite application fee.

What is the syllabus for the exam?
The syllabus includes topics related to Verbal Ability (English Language), Logical Reasoning, Quantitative Aptitude (Mathematics), General Awareness (with an emphasis on banking and finance), and Computer Knowledge.

Is there any negative marking in the exam?
Yes, there is usually a provision for negative marking for incorrect answers in the online aptitude test.

How can candidates prepare for the exam?
Candidates can prepare by studying relevant subjects, practicing previous years' question papers, taking mock tests, and staying updated with current affairs, especially related to banking and finance.

What is the job profile of a Junior Management Officer in Grade I at Federal Bank?
A Junior Management Officer in Grade I at Federal Bank is responsible for various banking operations, including customer service, account management, loan processing, and other administrative duties. The role also involves managing and growing the bank's business.

When are the exam results declared?
The results of the online aptitude test are usually declared a few weeks after the examination. Successful candidates are then called for the subsequent rounds of the selection process.

What is the pay scale for Junior Management Grade I officers in Federal Bank?
The pay scale for Junior Management Grade I officers includes a basic salary along with various allowances and benefits. The exact pay scale and benefits are detailed in the official notification issued by the bank.

Is there a probation period for selected candidates?
Yes, selected candidates typically undergo a probation period, the duration of which is specified in the official notification. During this period, their performance is evaluated before they are confirmed in the position.