Saraswat Bank, a cooperative bank, has quickly grown to become the largest bank in Asia. It is the first and largest urban cooperative bank in India with 289 branches in six states, including New Delhi, Karnataka, Madhya Pradesh, Gujarat, Maharashtra and Goa. The bank releases Saraswat Bank Exam Notification each year to select competent persons for junior officer (Grade B) positions. The online exam is followed by an interview, following which the successful candidates are selected for the positions. Interested aspirants can go through the Saraswat Bank Exam 2023 Syllabus before starting their preparation for the exam

In this article, we will discuss the total number of vacancies released in the notification of 2021, as the official Saraswat Bank Exam 2023 Notification is not yet released and is expected to be out soon.

Note: On 26 March, 2023, Saraswat Bank issued an advertisement soliciting applications from qualified applicants for 150 Junior Officer positions. The vacancy distribution by category will be released soon, along with a detailed notification. Eligible individuals will be chosen and invited to an interview. The submissions are accepted from 26th March to April 8th, 2023.
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Saraswat Bank Junior Officer Exam: Total Vacancies

The total number of vacancies released in the notification of 2023 is 150, for different branches of the bank. The details are given in the notification of the exam. Once the official notification for 2023 is released, the space will be updated accordingly.

Aspirants can check the previous year vacancies for each of the branches is as follows:

The candidates must make a note that the number of vacancies is subject to change. The Bank reserves the right to change the number of vacancies, and selection process or the Bank would be free to stop/cancel the entire recruitment process at any stage. 

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Saraswat Bank Junior Officer Salary Details

• Candidates chosen for the position will be paid a monthly salary of Rs.21,620 per month (approx.) on probation and Rs.23,300 per month (approx.) on confirmation. 
• The average annual Saraswat Bank Junior Officer Salary package is likely to be about 3.57 Lakhs.
• In addition to monthly payments, the selected individuals will be eligible for allowances and bonuses.
• Candidates assigned to the Saraswat Bank Junior Officer job profile would be required to undertake a Service Bond for a minimum of two years in the bank after entering the services, or a sum of Rs.50,000 in lieu thereof.

Saraswat Bank Junior Officer Job Profile

Before applying for the selection process, candidates should be aware of the responsibilities of a Bank Junior Officer. Consider the Saraswat Bank Junior Officer Job Profile listed below:

• Updating passbooks for account holders, etc.
• Organizing bank documents such as balance sheets and ledgers.
• Taking care of treasury business.
• Resolving customer problems and inquiries
• Examine the documents and evidence supplied by customers.
• Accepting customer withdrawals
• Being up to date on the latest initiatives and government policies
• Maintaining a record of bank cash, critical papers, keys, and so on.
• Being the Issuing Authority for DDs, client bank accounts, cash receipts, and so forth.

Probation Period: There are currently no formal criteria regulating the Saraswat Bank Junior Officer probation term. However, it is believed that individuals selected for the job of Saraswat Bank Junior Officer would serve a two-year probation period.

Note-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. 

For more information about eligibility, age, vacancies, study material etc for any other government exam, visit BYJU’S.