The Union Bank of India Apprentice program provides an excellent chance for aspiring applicants to obtain practical experience in the banking industry while earning a respectable stipend. The Union Bank of India determines the Union Bank of India Apprentice Salary. The stipend arrangement for apprentices is consistent with the bank’s rules, providing financial support during the training time. In addition to the stipend, apprentices acquire significant experience in various banking activities, which helps them develop their skills and knowledge for future job options.
Union Bank of India Apprentice Salary 2024
The training for the Union Bank of India Apprentice program lasts one year. During this time, apprentices will receive on-the-job training in a variety of banking procedures, products, and processes. This course aims to provide a practical understanding of the banking business while also developing fundamental skills for a successful banking career. Apprentices will get a monthly stipend of ₹15,000 for the year-long participation. They will not, however, be entitled to any further allowances or perks in excess of the monthly stipend.
| Post | Salary |
| Union Bank of India Apprentice | Rs. 15000/- per month |
Union Bank of India Apprentice Inhand Salary
Candidates selected as Union Bank of India Apprentices will be awarded a baseline monthly pay. It may vary between rural/semi-urban settings and major offices. Candidates who have completed all phases of the selection process will be accepted for a 12-month / one-year internship. During this training term, Union Bank of India Apprentices would be paid a monthly stipend of Rs. 15,000. Aside from this monthly stipend, candidates will not receive any other allowances or grants. This Union Bank Apprentice receives a one-year contract to assist staff during their training period.
Union Bank of India Apprentice Allowances
If you are selected for an Apprentice position at Union Bank of India, you will receive additional benefits such as numerous benefits and allowances in addition to your income. The following section discusses Union Bank of India Apprentice Perks and Allowances 2024.
- Dearness Allowance
- Medical Benefits
- Paid Leaves
- Pension
- Special Compensatory Allowance
- City Compensatory Allowance
Union Bank of India Apprentice Job Responsibilities
According to the UBI Apprentice job description, those who have already completed an apprenticeship program or earned work experience for at least one year after completing their academic degree are ineligible to study. Once hired, workers may be assigned to branches or offices in the region or regions of their choice, at the Bank’s discretion. The training lasts more than a year, and the trainees learn about numerous financial procedures, goods, and processes. The Union Bank of India Apprentice Job Profiles entails studying and assisting with numerous banking operations. Here are some additional crucial roles listed below.
- Customer service: workers must assist customers in opening an account, providing information about the bank’s goods and services, and so on.
- Clerical Work: Candidates will be expected to conduct clerical tasks such as data input, document review, and record keeping.
- Banking Operations: Employees acquire experience with day-to-day banking operations such as cash management, transaction processing, and cheque clearing.
- Development & Learning: Candidates can enhance their knowledge and abilities by participating in a variety of educational events and workshops.
Union Bank of India Apprentice Job Growth
After one year of successful apprenticeship, candidates are eligible to apply for Union Bank of India Apprentice jobs. It does not guarantee a permanent position, but the experience will help you advance your career in banking.
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