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State Bank of India (SBI) is the largest Bank in India, headquartered in Mumbai, Maharashtra. It offers multinational, public sector banking and financial services. Furthermore, it is ranked the 43rd largest bank in the world. Consequently, it is one of the largest employers in our country. Recently, the State Bank of India has released a notification to recruit candidates for SBI Apprentice posts. Before applying for the job, it is necessary to know the SBI Apprentice Job Profile 2022 – Career Growth including the SBI apprentice career, SBI apprentice career growth and SBI apprentice promotion also.
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SBI Apprentice 2022 Job Profile
Before applying to the Job post of SBI Apprentice 2022, the candidate must first know what does an apprentice mean. Literally, an apprentice is a person who is learning a trade from a skilled employer, having agreed to work for a fixed period and wage. In short, an apprentice is a trainee, probationer or beginner. Therefore, candidates who wish to learn the various duties and responsibilities of a banking employee may apply to the post. One should bear in mind that the SBI Apprentice Job is not a permanent job. However, it is meant for learning various bank duties from skilled people. This is purely an internship program offered by the State Bank of India which will enable the candidate to acquire the desired skills to flourish in the banking department. However, no candidate will be retained after the training period for any future work. In spite of all these, SBI Apprentice 2022 Recruitment is worth a shot due to the opportunity that it offers. Aspirants can definitely be ‘Banking Job-Ready’ by polishing and upgrading their skills.
SBI Apprentice 2022 Roles and Responsibilities
1: What does the acronym "ATM" stand for in banking?
All the aspirants who get selected for the post of SBI Apprentice must fulfil certain responsibilities. They are listed below:
- Being the trainees of the State Bank of India, they will learn the basics of the banking system including basic activities and functioning.
- Any candidate getting selected will have to do numerous activities related to a better understanding of the structure of the banking system. In short, multitasking is the key to being a good apprentice.
- Each selected apprentice is responsible for the after-sale services to the customers.
- Every candidate who is selected for the post must ceaselessly analyze and evaluate finished tasks.
- Above all, all the candidates selected for this post must take due responsibility for any work assigned by their superiors in the firm.
SBI Apprentice 2022 Career Growth
When a selected candidate successfully completes the three-year training period, he/she will get a training certificate from the State Bank of India. Now, this certificate will be surely beneficial for the candidate for future jobs. However, this experience may even come useful to crack any Government bank exam also. So, every selected candidate must try their best to acquire all that is possible during their time as an apprentice in SBI. The firm does not impose any restrictions or bonds between an apprentice and SBI. Therefore, if any candidate gets a job opportunity in any other firm during his/her period as a trainee or apprentice, he/ she is free to resign from the post as an apprentice. SBI does not impose any restrictions on the candidate regarding this matter. Hence, as a trainee at SBI, you can keep learning new skills required for the banking sector and at the same time, you can also build your own dreams too! Given below, we are sharing the career growth for this job.
- After ten years of service, any applicant might be promoted to Senior Assistant and get a special stipend of INR 18000.
- After 20 years, the candidate will be elevated to the position of Special Assistant and will receive a special allowance of $25,000, which will be considered DRA and HRA.
- After 20 years, the candidate will get a promotion to the post of Special Senior Assistant with an allowance of INR 35000, being considered for HRA and DRA.
- After passing an interview and written test, a candidate who has worked as a Clerk for 30 years can be promoted to Trainee Officer.
- After serving six years under fast track promotion or twelve years under normal track promotion, the candidate can get promotion to Junior Scale Officer Grade 1, after clearing the written test and interview.
SBI Apprentice 2022 Retirement Details
There are a lot of benefits available for the people who will be selected by the State Bank of India and also the benefits will be different depending upon the place of posting. The very common retirement benefit which is provided to all SBI employees is the pension. The candidates will also be able to check out the employee provident fund benefits with the job that will be provided by the authorities of the State Bank of India so you must consider checking the job offer and the details online from the official website of the organisation in order to be sure about your retirement benefits. There will be an abundance of perks available with the SBI organisation job because it is a very prestigious government organisation.
SBI Apprentice 2022 Salary
Every candidate being selected as an apprentice is entitled to a monthly stipend by the State bank of India. As the selected candidate will remain a trainee in SBI for three years, the stipend during these years will also vary accordingly. However, the candidates must keep in mind that they will not be eligible for any other benefits or allowance from SBI other than the monthly stipend. The stipend details for the three-year trainee period is mentioned below:
Year | Stipend |
First Year | 15,000 Rupees |
Second Year | 16,500 Rupees |
Third Year | 19,000 Rupees |
Inhand Salary
The apprentices are eligible for a stipend of 70% of semi-skilled labour wages as applicable in the respective states as per the Apprentices Act of Rs.15000 per month whichever is higher. SBI usually invites Apprentice applications as state-wise recruitment. So if you know the local language of the State then you can apply for the SBI apprentice position across India. Selected candidates have to undergo three years of training under the SBI. The apprentices should be willing to qualify in the examinations of IIBF (JAIIB/CAIIB) during 3 years of apprenticeship engagement in the Bank. SBI will not guarantee any other appointments upon completing the Apprenticeship.
SBI Apprentice 2022 Allowances
There are a lot of allowances that are provided to the beneficiaries of the State Bank of India apprenticeship program. The candidates are provided minimum wage as per the rules and guidelines issued by the State Bank of India for the different branches across the country and the candidates must have proper knowledge related to the perks provided to the employees so that they can take the advantage of the perks without any problem. Given below are sharing a table indicating the allowances available for the people.
Period of Apprenticeship Training | Rates of stipend (per month) |
First-year | 70% of the minimum wage of semi-skilled workers notified by the respective State or Union territory. |
Second Year | 80% of the minimum wage of semi-skilled workers notified by the respective State or Union territory. |
Third & Fourth Year | 90% of the minimum wage of semi-skilled workers notified by the respective State or Union territory. |
SBI Apprentice 2022 Exam Details
The government of India introduced the apprenticeship under the skill development programme to develop hands-on experience among the Indian youth across various trades. The State Bank of India (SBI) too like many other organizations are inviting applications from eligible graduates below 28 years towards the Apprenticeship program. The selected candidates have to work together with the bank employees in the daily administration of the banking services. The selected apprentice in the State Bank of India (SBI) T should undergo the training for three years. The apprentices are eligible for a stipend of 70% of semi-skilled labour wages as applicable in the respective states as per the Apprentices Act of Rs.15000 per month whichever is higher.
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