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:
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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 |
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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 |
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6. | DATABASE ADMINISTRATION {Scale II} |
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7. | ECONOMIST {Scale II} | 60% or Equivalent Grade in Post Graduate Degree in Economics |
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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.
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Top Management – Scale 6 – Deputy General Manager
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Senior Management – Scale 5 – Asst. General Manager
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Senior Management – Scale 4 – Chief Manager
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Middle Management – Scale 3 – Senior Manager
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Junior Management – Scale 2 – Manager
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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.
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