In the official notification released by Saraswat Co-operative Bank Ltd, the salary and job description for junior officers at Saraswat Bank are detailed. Before applying, it is advisable to review the Saraswat Bank Junior Officer job description and salary range. After the probationary term is over, benefits and allowances will be given to the candidates chosen for the Saraswat Bank Junior Officer position. For more details about the exam visit the Saraswat Bank Exam.

With a long history of involvement in the community, Saraswat Cooperative Bank is the largest and first urban cooperative bank in India. It has 283 locations in six states, including Goa, Madhya Pradesh, Gujarat, Maharashtra, and New Delhi. The bank’s slogan is “Service to the Common Man,” and it has quickly grown to become the biggest in Asia. Although the official notification for this year has not yet been released, it is most likely to do so shortly. Reviewing the entire syllabus and exam pattern will help interested candidates get started on their Saraswat Bank Junior Officer Clerk exam preparation. For a detailed application process, visit Saraswat Bank Exam 2022: Notification.

The most recent details on the Saraswat Bank Junior Officer Salary, including the job description, benefits and allowances, the probationary period, and career advancement, are provided in this article.

Saraswat Bank Junior Officer Exam: Job Profile

Candidates appointed to the Saraswat Bank Junior Officer job profile would be required to sign a Service Bond for a minimum of two years in the Bank upon their joining the services, or in lieu thereof, an amount of Rs. 50,000. Those chosen for the position will get a monthly salary on the approximate pay scale of Rs. 21,620 during the probationary period and Rs. 23,300 during the confirmation period.

For detailed eligibility conditions and to know more about age relaxation, candidates are advised to visit Saraswat Bank Exam 2022 Eligibility.

Before submitting an application for the selection process, candidates should be familiar with the roles and work profiles of a bank junior officer. Take a look at the job profile of the Junior Officer for Saraswat Bank listed below:

• Updating account holders’ passbooks etc.
• Being the issuing authority for Demand Drafts (DDs), client bank accounts, cash receipts, and so forth.
• Approving customers’ withdrawals.
• Being informed on the most recent projects and government policies.
• Resolving consumer concerns and questions.
• Verify documents and proofs submitted by the customers.
• Looking after treasury works.
• Verify the supporting documents and proofs provided by customers.
• Organising the documents of the bank, balance sheets, ledger, etc.
• Keeping track of bank funds, important documents, keys, and so forth.
• Looking after the bank cash, various important documents, keys, etc.

For a detailed information on the vacancies for various branches, go through the Sarawat Bank Exam Vacancies 2022.

Saraswat Bank Junior Officer Career Growth & Promotion

The candidates are chosen for the position of Saraswat Bank Junior Officer after a two-year probationary term. The candidate’s contract can be extended following the probationary period, at which point they would be eligible for all benefits associated with the position of Saraswat Bank Junior Officer. The candidate’s overall performance, seniority, work history, and work ethic all play a role in salary and promotion decisions. They will be eligible for a greater annual package and allowances once promoted to higher levels.

For a detailed syllabus of the exam, visit Saraswat Bank Exam 2022 Syllabus.

Saraswat Bank Junior Officer Salary Structure

• Candidates will be hired as permanent employees of the Bank after completing a minimum of two years of service. During the probationary term, the gross monthly remuneration for Saraswat Bank Junior Officers Clerk in Grade B will be approximately Rs 21,620. Candidates who are chosen must mandatorily sign a service bond in the amount of Rs 50,000 in their place.
• Following completion of the probation period, Saraswat Bank will pay Junior Officers a salary of approximately Rs 23,300.
• At the end of each month, Saraswat Co-operative Bank provides the Saraswat Bank Junior Officer Salary Slip to each employee. The basic salary, deductions, and allowances are only a few of the details on the pay slip. This pay slip is necessary for a number of office procedures, such as loan applications, income tax filing, etc.

In addition to a salary that is competitive, those who are chosen will also receive a comprehensive benefits package. Employees will receive a set wage for the first five years.

For detailed information on the Saraswat Bank Exam Dates 2022, visit the linked article.

Saraswat Bank Junior Officer Salary Structure

The average yearly junior officer salary package at Saraswat Bank is estimated to be around 3.57 lakhs. In addition to a monthly income, the chosen candidates will also be entitled for allowances and bonuses.

Along with the excellent salary package, they are also eligible for a number of other benefits and allowances. The list of benefits and allowances is given below:

• Telephone allowances
• Book grant 
• Grade Allowance
• House Rent Allowance 
• Travel allowances
• Dearness Allowance 
• Festival Allowance 

Candidates can check the procedure to calculate their marks and the sectional and overall cut-off for previous years’ by visiting the Saraswat Bank Exam Cut-Off 2022.

Candidates can refer to the linked article for the best preparation method for competitive exam preparation, and get tips for preparation, study material, and more in relation to the upcoming recruitment. 

We hope the above information was helpful and helped the aspirants in clearing their doubts. For more information about eligibility, age, vacancies, study material etc for any other government exam, follow BYJU’S.

Aspirants applying for various government exams can check the linked article for post-wise salary structure for examination.