Canara Bank PO Salary- Pay Scale, Job Profile & All Updates

Canara Bank PO Salary

Canara Bank PO Salary- Pay Scale, Job Profile & All Updates

Canara Bank PO Salary

Canara Bank PO offers a one-year programme for Post Graduate Diploma in Banking and Finance (PGDBF), after completing which candidates will be assigned the designation of PO in Canara Bank. This is a nine-month course followed by a three-month Canara bank training programme. Manipal Global Education Services Ltd, Bengaluru, or NITTE Education International Private Limited, Greater Noida Campus, will be the providers of the courses. Canara Bank PO Salary will have a stipend of Rs 10,000 will be paid for three months during the course. Each candidate will receive a reimbursement of Rs 4,000 towards the purchase of uniforms.

Basic SalaryRs 15080– Rs 24500
Dearness AllowanceRs 8732– Rs 10800
House Rent AllowanceRs 8025– Rs 9025
Medical AidRs 7203 – Rs 8320
NewspaperRs 275 – Rs 300
PetrolRs 2500 – Rs 3050
Pension ContributionRs 2250 – Rs 2525
Gross SalaryRs 25123 – Rs 35250

Canara PO Pay Scale

The pay scale for Canara Probationary Officers is Rs.25123 – Rs.35250, inclusive of all perks and allowances. The Canara Bank PO Salary will vary with experience.

Canara Bank PO Job Profile

Canara Bank has issued an official notification for the role of Probationary Officer (Preliminary and Main). According to the notification, there are 800 vacancies for Probationary Officers. The Canara PO examination will be held in October and November, Since the exam is just a few months away, candidates should begin their preparation now.

Canara Bank Roles and Responsibilities

Canara Bank holds exams for Probationary Officer (PO) positions in various banks. In the banking industry, a probationary officer’s role is extremely important.  Following are some of the basic responsibilities of a Canara bank PO: 

  • Bank POs and Bank Managers deal with customers and are involved in the maintenance and supervision of regular branch activities.
  • Public relations, monitoring and regulating branch operations and duties, addressing customer-related concerns and complaints, authorising and monitoring regular branch and customer transactions, and loan processing are all responsibilities of the Probationary Officer of a public sector bank.
  • An assistant manager is supposed to multitask and cross verify the work of clerks regularly.

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