Last updated on April 14th, 2023 at 10:45 am
The Andhra Pradesh State Cooperative Bank Limited has issued a job advertisement for the position of Assistant Manager at the Chittoor District Co-operative Central Bank (APCOB). Only those with a graduate degree are eligible to apply for this position.
The Andhra Pradesh State Cooperative Bank Limited has released the APCOB Assistant Manager Salary Structure for 2023. (APCOB). Candidates interested in the position should read the entire APCOB assistant Manager Job Profile to learn more about it. The wage structure and pay scale for APCOB Managers are provided in the article below and the Pay Matrix.
APCOB Assistant Manager Salary: Overview
|Organization Name||The District Cooperative Central Bank Ltd, Vizianagaram|
|Job Name||Assistant Manager & Manager|
APCOB Assistant Manager Salary: Annual Package
- The APCOB Assistant Manager salary structure is created by the Andhra Pradesh State Cooperative Bank Limited in accordance with the bank’s Pay Matrix, which includes a Pay Band, Grade Pay, Allowances, and Level.
- After completing the probation period, candidates selected for the position of APCOB Assistant Manager will receive an annual salary of Rs.6-7 lakhs.
APCOB Assistant Manager Salary: In hand
The Andhra Pradesh State Cooperative Bank Limited determines the APCOB Assistant Manager’s Salary. Candidates chosen for the position will be paid between Rs. 26080 to Rs. 57860 per month. The candidates’ in-hand salary is significantly increased along with the basic pay and allowances. After completing the probation period, the candidates will be eligible for raises.
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APCOB Assistant Manager Salary: Salary slip
Every month, APCOB releases each employee’s salary slip for the APCOB Assistant Manager position. The salary slip contains the month’s salary, allowances, deductions, etc. The monthly salary slip is useful for government employees because it can be used to apply for loans and other personal purposes.
APCOB Assistant Manager Salary: Allowances
- Dearness Allowance
- Subsistence Allowance
- House Rent Allowance
- Child care Allowance
- Children Education Allowance
- Telephone Bill Reimbursement
- Cash Handling Allowance
- Provident Fund
- Conveyance Allowance
- Refreshment allowance
- Newspaper Allowance
- Medical allowance
- Travelling Allowance
- Fuel Expense
- TA on Transfer
- Deputation Allowance
APCOB Assistant Manager Salary: Perks and Additional Benefits
- Paid holidays
- Government accommodation
- Transport facility or vehicle
- Increments and incentives
- Ample paternal and maternal leave
- Job training
- Medical facilities
- Fixed personal pay
- Professional development
- Leave and travel concession
- Health insurance
- Child safety
APCOB Assistant Manager Salary: Probation period
At the APCOB, the probation period is the period an applicant must work for the bank before becoming a permanent employee. During this time, the candidates are closely monitored because their superiors evaluate their performance and work ethic. Candidates chosen for the position of Assistant Manager in APCOB will be on probation for two years. The first six months are allotted to training. After this period, candidates are eligible for all job perks and benefits.
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APCOB Assistant Manager Salary: Job profile
As an APCOB Assistant Manager, your responsibilities will include managing and supervising various banking operations such as customer service, loan processing, credit management, and account opening. You will also ensure compliance with banking regulations and policies and assist with audits and inspections. You will be expected to maintain and build customer relationships, provide guidance and support to staff, and promote bank products and services. Additionally, you must stay up-to-date with industry trends and developments and actively participate in training and development programs to enhance your skills and knowledge.
APCOB Assistant Manager Salary: FAQs
The selection process for the APCOB Assistant Manager post consists of an online test and an interview.
The Vizianagaram DCCB (District Cooperative Central Bank) Assistant Manager salary is expected to be Rs. 26080 to Rs. 57860 monthly. (approximate figures). However, it is important to note that the exact salary may vary based on several factors, such as years of experience, performance, and other allowances and benefits the organization provides.
The probation period for the APCOB Assistant Manager post is two years.
Additional benefits provided to APCOB Assistant Managers include medical insurance, gratuity, leave travel concession, and pension.
Yes, there is scope for career growth as an APCOB Assistant Manager, with opportunities for promotion to higher positions based on performance and experience.