Latest Jobs   »   Jammu and kashmir bank recruitment 2024 | Important Date, Age Limit, Pay Scale, Application process   »   Salary

Salary: Stipend Per Month J&K Bank Apprentice Recruitment 2024

Jammu & Kashmir Bank invites online applications for engagement of Apprentices under Apprentices Act-1961 (amended from time to time) for a period of one (01) year (i.e. 360 days). Selected candidates will be engaged in branches/offices in the respective districts at the discretion of the Bank.

According to the J&K Bank Apprentice Recruitment 2024 notification, the selected apprentices will be eligible for the following stipend and benefits:

  • The apprentices shall be eligible for a stipend of ₹10,500 per month for the engagement period of one year
  • Out of the ₹10,500 stipend, an amount of ₹1,500 will be disbursed by a government agency through DBT
  • Apprentices will also be entitled to conveyance up to a maximum of ₹1,250 per month
  • Apprentices shall not be eligible for any other allowances or benefits

So in summary, the apprentices will receive a total stipend of ₹10,500 per month, with ₹1,500 being provided by the government. They will also get a conveyance allowance of up to ₹1,250 per month. No other allowances or benefits are applicable.

Application Fee: The application fee for J&K Bank Apprentice Recruitment 2024 is Rs. 700 for Unreserved category and Rs. 500 for Reserved category.

Application Process: Candidates can apply for the J&K Bank Apprentice Recruitment 2024 by registering on the web portal www.apprenticeshipindia.gov.in and then visiting the J&K Bank website to fill out the application form online.

Salary Offered: The selected candidate in Jammu and Kashmir Bank Recruitment 2024 will be offered a monthly salary of Rs. 22,000 along with additional benefits like conveyance, mobile/telephone charges, and performance-linked incentives.

Eligibility Criteria: To be eligible for Jammu and Kashmir Bank Recruitment 2024, candidates must have a graduation degree with experience in banking/related fields and sound knowledge of banking, law, finance, agriculture, and allied activities. The candidate's age should not exceed 65 years.

Contract Tenure: The selected candidate in Jammu and Kashmir Bank Recruitment 2024 will be engaged for a period of 12 months, renewable up to a maximum period of 3 years based on satisfactory performance and review.