A Bank Clerk, also known as teller, is a financial service professional. He / She serves as the primary point of contact for most bank customers, administering basic banking transactions and answering most questions. This role is seen as an entry level position.
A Bank Clerk accepts deposits and cashes checks, paying money to customers after validating the signatures on the check and fund availability.
To gain employment as a bank clerk, a candidate must possess a degree or equivalent. While not typically required, employers tend to favour those who possess or are working toward a four-year degree, preferably in accounting, finance or a related field of study. He must also show an aptitude for mathematics, as well an understanding of the use of computers and other electronic equipment.
A Bank Probationary Officer (PO) in the bank is the starting level appointment for bank officers and the promotional prospects are quite healthy with the work as it defining the limit for the candidate’s success. Since candidates join the bank at a junior level, they are being called Probationary Officer (PO) during the probation period (need to work as an entry-level job inside the bank for two years) and later they will be promoted as an assistant manager.
The bank assistant manager works closely with the bank manager to ensure that all the processes and services a bank offers runs smoothly. He assists in directing and managing the tellers’ and loan officers’ jobs. He makes daily schedules and duties as well as trains the newly hired employees with the using of the machines and the like.
A bank assistant manager is just as responsible as the bank manager for the overall success or failure a bank faces. He is responsible in assisting the bank manager in training all the bank employees to do their job well. They help in budgeting of the banks expenses and help create a fool-proof daily routine that the employees can follow. Bank assistant managers help the bank manager in a lot of his duties and tasks.
While the pay scale for PO (scale I) ranges between Rs. 35,000 – 50,700, the actual salary could be approx. Rs. 50,000 – 60,000 per month (including allowances) depending on your location.
Payment Clearances Although a clerk performs most cash transactions, some payments by way of cheque, DD, NEFT/ RTGS beyond a certain amount need to be authorized & cleared only by a person of officer cadre..
Report Verification With the introduction of core banking solutions, all the work done in a day should be properly closed to avoid any mismatch. While every employee has some day-end work, PO`s would be assigned to generate reports which may include the deposits, withdrawals, ledger balances etc.,
Regional Rural Banks are local level banking organizations operating in different States of India. They have been created with a view to serve primarily the rural areas of India with basic banking and financial services. However, RRB’s may have branches set up for urban operations and their area of operation may include urban areas too.The area of operation of RRBs is limited to the area as notified by Government of India covering one or more districts in the State. RRB’s also perform a variety of different functions.
Providing banking facilities to rural and semi-urban areas. Carrying out government operations like disbursement of wages of MGNREGA workers, distribution of pensions etc.
Providing Para-Banking facilities like locker facilities, debit and credit cards.
The Organizational Structure for RRB’s varies from branch to branch and depends upon the nature and size of business done by the branch. The Head Office of an RRB normally had three to seven departments.
Railway Recruitment Board (RRB), Madras (now Chennai) functions under the Ministry of Railways, Government of India. It is primarily responsible for recruiting the working and supervisory staff (Group ‘C’) required for Chennai, Salem and Tiruchirappalli Divisions and Head Quarters office of Southern Railway (SR) and Integral Coach Factory (ICF), Chennai.
TRRB calls for eligible applicants through “Employment News” (A publication of the Government of India). The employment notification is also published on the Internet web site. The applications are scrutinized for eligibility. The eligible candidates are called for a written examination with call letters being sent a month in advance of the date of the examination. In most of the categories of jobs, there is no interview after the written examination. In some categories, there will be a second stage written examination. In categories related to operational safety, there will be a psychological test. The application-details furnished by successful candidates are verified and they are called for counselling and scrutiny of original documents. A panel of names is then recommended to Southern Railway / Integral Coach Factory to the extent of vacancies. The candidates will be required to pass a medical examination before appointment.
The selection process is based on merit and is subject to the rules and regulations issued by the Ministry of Railways (Railway Board), Government of India which includes reservation of jobs for certain castes/communities such as Scheduled Castes (SC), Scheduled Tribes (ST), Other Backward Classes (OBC), etc. Ex-servicemen are also entitled for reservation as per the rules. The entire computerized recruitment system functions impersonally without fear or favour. There is no scope for corruption, influence or discretion in this process. Candidates indulging in malpractices and unfair means are dealt with strictly. The overall policy guidelines for all Railway Recruitment Boards in India are laid down by Railway Recruitment Control Board, New Delhi.