Federal Bank Clerk Salary 2025

The Federal Bank is one of the prestigious banks that has digitized all its branches in the private sector. The Federal Bank released the official notification for candidates interested in the Clerk post to submit their application forms and announced the vacancies for the post. Those candidates who are eligible for the post can apply without any delay. The federal bank is offering a golden opportunity for all those candidates who wish to work in the banking sector. Federal Bank also provides employees additional benefits, allowances, and bonuses along with the high salary. Those candidates who are wondering about the salary structure and career opportunities can keep reading this article for a better understanding of the aspirants.

Federal Bank Clerk Notification: An Overview

Salary of the Federal Bank Clerk 2025

Those candidates who wish to know about the federal bank clerk salary can read this article. Candidates should visit the official site and learn everything about the clerk post before applying. Aspirants should understand the proposed criteria, including educational qualification and age limit.

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Federal Bank Clerk Pay Scale 2025

Here is the salary structure of the federal bank clerk. Those candidates who wish to apply for the post of clerk must know the pay scale of the clerk.

• The basic salary structure of the candidates working in the federal bank in the post of the clerk is Rs 17,900. The Bank will award allowances and bonuses to the clerks accordingly, along with the basic salary structure.The candidates who wish to work in the banking sector should give importance to the pay scale provided by the federal bank.
• The annual increment for the probationary officer is Rs 1000 for the three consecutive years.

• This progression indicates that after the initial basic pay of ₹17,900, there will be annual increments of ₹1,000 for the next three years, reaching ₹20,900.

• Subsequently, increments of ₹1,230 for the next three years will bring the basic pay to ₹24,590, and so on, as per the structured progression.

• Annual Increment: The annual increment varies as per the stages in the pay scale, ensuring a steady growth in the salary over the years.

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Federal Bank Clerk Salary: Other Allowances

Federal Bank gives the allowances and bonuses of the candidates as shown below. The Bank will give dearness allowances, house rent allowances, city compensatory allowances, medical allowances, and other allowances to the federal bank clerks along with the basic pay scale.

Dearness Allowance (DA)

• The DA is calculated on the Consumer Price Index
• The DA is revised quarterly. Based on inflation, it can be increased or decreased

House Rent Allowance (HRA)

• The HRA is calculated based on the posting location.
•  It is either 7, 8 or 9 per cent of the Basic Pay, the payment will be based on the location.

Medical and Other Allowances

• Medical allowances and additional allowances will be given as per the government rule.

City Compensatory Allowance (CCA)

• The CCA depends upon the job location
• The CCA is  0, 3 or 4 per cent of the Basic Pay.
• It varies according to the job location.

The minimum Federal Bank Clerk Salary along with the other elements is Rs 4.5 lakhs per year and the maximum clerk salary per year is Rs 6 lakhs per year. The salary structure can depend upon the location of the job.

Federal Bank Clerk Roles & Responsibilities

Here is the list of the responsibilities that should be fulfilled by the federal bank clerks

The responsibilities include:

• Deal with the customers at any time
• Provide customer support
• Help with customer services.
• Check and verify KYC norms of the reserve bank of India(RBI).
• Help customers with opening bank accounts, issuing cheque books, etc.
• Reminding the customers about the regulations, schemes and policies of the bank
• Informing customers of various rules, and policies related to banking.

The benefits offering by the federal bank is comparatively high. The candidates who wish to crack the exam should prepare well for the 2 phased selection process. The first phase of the selection process includes the online aptitude test whereas the second phase comprises the group discussion and personal interview. If you wish to grab the job, prepare for the upcoming exam with the complete syllabus and exam pattern. Make sure to choose the best study materials and authentic notes to score better. Start preparing now!