Canara Bank Specialist Officer Salary Structure | Allowances, Job Profile & Promotions

Canara Bank Specialist Officer Salary Structure | Allowances, Job Profile & Promotions

Canara Bank Specialist Officer Salary, Job description, Scope & Growth

Canara Bank Specialist Officer job is a highly prestigious job and every year lakhs of candidates participates in prelims, mains examination for recruitment on the posts of Specialist Officer. Those, who had applied for Canara Bank Specialist Officer Recruitment, must be wondering for Canara Bank Specialist Officer Salary. Also, the Canara Bank Specialist Officer salary is slightly higher than the probationary officer. So here we are going to provide you with full details regarding Canara Bank specialist officer salary, exam pattern, pay scale, growth, incentives, hike etc.

Canara Bank Specialist Officers Job Profile, Eligibility Criteria, and Selection Procedure

Canara Bank recruits Specialist Officers in Junior Management Grade Scale-I (Technical Field Officer- Electric, Civil, Mechanical and Network Administration) & Middle Management Grade Scale-II (System Administration, Database Administration and Economist).

Canara Bank Specialist Officer Post Details

Sr.No.	Post	Qualification	Job Profile
1.	TFO (ELEC) {Scale I}	Minimum 60% or Equivalent Grade in 4 years B.E. / B.Tech Degree in Electrical Engineering or Electrical & Electronics Engineering	Depending upon their place of posting, the broad job profile the TFOs recruited in the Bank would be as under: Construction, Inspection and periodical maintenance of Bank owned properties, acquisition of immovable properties, acquisition of leased properties and all infrastructure works. · Maintenance and Monitoring of Building Electrical equipment, UPS, Generators, assessing/reviewing the Power Requirements for the buildings. Techno-economic feasibility studies of Industrial Projects including Infrastructural Projects, drawing up revival/rehabilitation packages of industrial units under the purview of CDR, post Sanction monitoring of industrial projects during implementation and regular operations, Any other work entrusted by the Bank from time to time.
2.	TFO (CIVIL) {Scale I}	Minimum 60% or Equivalent Grade in 4 years B.E. / B. Tech Degree in Civil or Construction Technology & Management
3.	TFO (MECH) {Scale I}	Minimum 60% or Equivalent Grade in 4 years B.E. / B.Tech Degree in Mechanical Engineering
4.	NETWORK ADMINISTRATION {Scale I}	Minimum 60% or Equivalent Grade in 4 years B.E. / B. Tech Degree in Telecommunications / Electronics & Communication Engineering	Maintaining Network and Network Equipment; Network Monitoring and troubleshooting; Adding Network Equipments to Network; Liaisoning with the telecom service provider; Ensuring maximum uptime of the network; Working Knowledge in HP OPEN VIEW etc., and Any other work entrusted by the Bank from time to time.
5.	SYSTEM ADMIN {Scale II}	Minimum 60% or Equivalent grade in 4 years BE / B.Tech Degree in Computer Science / Information Technology / Electronics & Communication Engineering or MCA	Maintenance, Monitoring, and Management of Software and Hardware; Applying patch; Drive a project assigned; Be a Project Manager for CBS/Network etc., and Any other work entrusted by the Bank from time to time.
6.	DATABASE ADMINISTRATION {Scale II}		Database Administration preferably Oracle; Maintaining Database; Report Generation; Rectification of problems in the database; Backup, Re-organization of the database; Performance Tuning;
7.	ECONOMIST {Scale II}	60% or Equivalent Grade in Post Graduate Degree in Economics	To track economic data at national and regional levels, To track the market, banking sector and developments, To track interest rate movement and outlook, developments To track policy changes by the regulatory and other statutory bodies and its impact, To assist in formulating long-range plan, budgeting and business strategy etc.

Canara Bank Specialist Officer Selection Procedure

The selection is done by Short-listing/Test + Group Discussion + Interview based on the applications received for individual posts.

If the number of candidates is less, the selection will be done through Shortlisting, Group Discussion & Interview only.

Canara Bank Specialist Officer Exam Pattern :

Subject	No. of questions	Marks	Time
Professional Knowledge in the area of specialization	50	100	2 hours
English	50	50
Latest Developments in Banking Industry	50	50
Total	150	200

 Canara Bank Specialist Officer Salary structure, Allowance, and Benefits

Scale	Salary & Emoluments
JMGS-I	Rs.23700 – 980/7 – 30560 – 1145/2 – 32850 – 1310/7 – 42020 (As per Revised scales)
MMGS-II	Rs. 31705 -1145/1 – 32850 – 1310/10 – 45950 (As per Revised scales)

Dearness Allowance, HRA, CCA, Medical Aid, Reimbursement of Hospitalization expenses, Leave Fare Concession etc. and Perquisites like Conveyance, Quarters, Furniture etc., depending on the place of posting shall be available as per rules.

Canara Bank Specialist Officer Salary and allowances

Salary and Allowances	Amount
Basic Pay	Rs 23,700
Dearness Allowances (DA)	36 % of Basic (Rs 8605.88)
House Rent Allowances (HRA)	7-9 % of Basic
Special Allowances	7.75 %
City Compensatory Allowances (CCA)	0, 3, or 4 %
Provident Fund (PF) Contribution	Rs 3000-3500

The total Canara Bank Specialist Officer salary after revision comes around

• For Metro Cities- Rs. 30758/-
• For State Capitals- Rs. 30448/-
• For District Level and Rural Areas- Rs. 29927.5/-

 Canara Bank Specialist Officer – Benefits

• Specialist officers will get fewer transfers as compared to general bankers
• Job assurance is very high- job security
• Same promotions as general bankers

Promotion hierarchy as Specialist officer of Canara Bank-

Top Management – Scale 7 – General Manager.

                                  ↓

Top Management – Scale 6 – Deputy General Manager

                                  ↓

Senior Management – Scale 5 – Asst. General Manager

                                  ↓

Senior Management – Scale 4 – Chief Manager

                                  ↓

Middle Management – Scale 3 – Senior Manager

                                  ↓

Junior Management – Scale 2 – Manager

                                  ↓

Junior Management – Scale 1 – Officer / Assistant Manager

Here in this article, we have discussed Canara Bank specialist officer salary, post details, eligibility criteria including minimum qualification, age limit. We have also discussed their job profile to get a clear picture of the type of work specialist officer has to perform in the bank. Discussed Canara bank specialist officer salary, allowances, benefits of fetching this job, as well as a promotional hierarchy in detail.