Canara Bank Apprentice 2024: Full Notification Out! Exciting Salary, Eligibility, Application Process & Key Dates Explained

The Canara Bank Apprentice 2024 has released an exciting opportunity for graduates under the Apprenticeship Act, 1961. This program offers training to fresh graduates in various branches across India. In this article, we’ll explore the detailed notification, eligibility criteria, application process, and important dates. We will also discuss why this apprenticeship can be a stepping stone to a brighter future and how it compares with other job opportunities for graduates.

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Overview of Canara Bank Apprentice 2024

Canara Bank Apprentice 2024
FeatureDetails
Program NameCanara Bank Graduate Apprenticeship
Conducting BodyCanara Bank
Total Seats3000
Program Duration1 Year
EligibilityGraduate in any discipline, Indian nationals
Age Limit20 to 28 years (as of 1st September 2024)
Language RequirementProficiency in the local language of the applying state
Stipend₹15,000 per month (₹10,500 by Canara Bank, ₹4,500 by Govt.)
Application Start Date21st September 2024
Application End Date4th October 2024
Application Fee₹500 for General/OBC;
No fee for SC/ST/PWD
Official Websitecanarabank.com
Selection ProcessBased on eligibility, local language, and merit
Training LocationVarious Canara Bank branches across India
Training NatureOn-the-job training (not permanent employment)
Job SecurityNo guarantee of permanent employment after training

Canara Bank is one of India’s leading public sector banks, with its headquarters in Bangalore. It has now introduced a new apprenticeship program for graduates across the country. This program aims to provide on-the-job training to young graduates, helping them gain practical experience in the banking sector.There are 3000 seats available for apprenticeship trainees, and the registration process starts on 21st September 2024. The final date to register is 4th October 2024. It’s important to note that this is a training program, not a permanent job. After one year of apprenticeship, there is no guarantee of a job offer from the bank.

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Important Dates for Canara Bank Apprentice 2024

Here are the key dates for Canara Bank’s Apprenticeship Program 2024:

Registration Start Date 21st September 2024
Last Date to Apply4th October 2024
Training Start DateWill be communicated later to selected candidates.

Aplication Fees for Canara Bank Apprentice 2024

CategoryFees
UR/OBC/EWSRs. 500/-
(incl. intimation charges)
SC/ST/PwBDNO FEE

Canara Bank Apprentice 2024 Training Program Details

The apprenticeship will be offered in branches across various states. Let’s take a closer look at the number of seats available in different states and the local language requirements:

  • Andhra Pradesh: 200 seats (Language: Telugu, Urdu)
  • Arunachal Pradesh: 1 seat (Language: English)
  • Assam: 30 seats (Languages: Assamese, Bengali, Bodho)
  • Bihar: 100 seats (Languages: Hindi, Urdu)
  • Chhattisgarh: 25 seats (Language: Hindi)
  • Goa: 20 seats (Language: Konkani)
  • Gujarat: 70 seats (Languages: Gujarati, Hindi)
  • Haryana: 100 seats (Language: Hindi)
  • Karnataka: 600 seats (Language: Kannada)
  • Kerala: 200 seats (Language: Malayalam)
  • Maharashtra: 200 seats (Language: Marathi)
  • Tamil Nadu: 350 seats (Language: Tamil)
  • Telangana: 120 seats (Language: Telugu)
  • Uttar Pradesh: 325 seats (Languages: Hindi, Urdu)
  • West Bengal: 110 seats (Language: Bengali) etc.
  • Fore More States Seats and Other Information Check Official Notification

Each state has its local language requirement. If the language is not mentioned in your 10th or 12th-grade certificates, you will need to pass a local language proficiency test.

Stipend and Benefits for Canara Bank Apprentice 2024

The apprenticeship program will offer a monthly stipend of ₹15,000/-. This amount includes:

  • Canara Bank Contribution: ₹10,500/-
  • Government Contribution: ₹4,500/-

Please note that this is a training stipend, not a salary. As this is an apprenticeship, you will not be considered a full-time employee, and you will not be entitled to any additional employee benefits such as bonuses, allowances, or job security.

Eligibility Criteria for Canara Bank Apprentice 2024

The apprenticeship is open to Indian nationals only. Here are the basic eligibility requirements:

Age Limit for Canara Bank Apprentice 2024:

  • Minimum: 20 years
  • Maximum: 28 years (as of 1st September 2024)

Candidates should be born between 1st September 1996 and 1st September 2004.

Educational Qualification for Canara Bank Apprentice 2024:

  • Graduation in any discipline from a recognized university or institution.
  • No specific percentage is required.

Selection Process for Canara Bank Apprentice 2024

The selection process will be based on several factors:

  • Merit-Based Shortlisting:

Candidates will be shortlisted based on their academic performance and merit.

  • Local Language Test:

A proficiency test in the local language will be conducted if it’s not mentioned in your school certificates.

  • Medical Fitness Test:

A medical examination will be done to ensure candidates meet the fitness standards required for the apprenticeship.

  • Training Agreement:

Selected candidates will sign an agreement with Canara Bank, outlining the terms of the apprenticeship.

Application Process for Canara Bank Apprentice 2024

Interested candidates need to follow these steps to apply for the Canara Bank Apprenticeship:

  • Register on Apprenticeship Portal:
Canara Bank Apprentice 2024

Candidates must first register on the official apprenticeship portal. The link to the portal is provided in the official notification on Canara Bank’s website.

  • Fill the Online Application Form:

After registration, you need to fill out the online application form, providing details like personal information, educational qualifications, and preferred state/district for apprenticeship.

  • Upload Documents:
  • Make sure to upload all required documents, including your:
  1. Graduation certificate
  2. ID proof ( Adhar Card, Pan Card, Driving License )
  3. Photograph (4.5cm × 3.5cm)
  4. Signature
  5. Left thumb impression
  • Hand written declaration for Canara Bank Apprentice 2024 is as follows:

“I, _ (Name of the candidate), hereby declare that all the information
submitted by me in the application form is correct, true and valid. I will present
the supporting documents as and when required.”

Working Hours and Leaves for Canara Bank Apprentice 2024

As an Canara Bank Apprentice 2024, your working hours will be similar to those of regular bank employees. You will be expected to work 8-9 hours daily, five days a week. Apprentices are entitled to:

  • 12 Casual Leaves per year
  • Bank Holidays: Apprentices will also get all national and state holidays observed by the bank.

Termination and Completion

The Canara Bank Apprentice 2024 contract is for one year only. After completing the apprenticeship, Canara Bank is not obligated to offer permanent employment. This program is purely for training purposes, and there is no job guarantee at the end of the contract.

However, completing this apprenticeship will provide you with valuable experience in the banking sector, which could help you in future job applications, either in Canara Bank or other banks.

Why You Should Consider Other Options

While the Canara Bank Apprenticeship is a great opportunity for graduates to gain practical experience, it may not be the best option if you’re looking for long-term career prospects or a high salary. The stipend of ₹15,000 per month is relatively low, especially when compared to full-time jobs like IBPS PO, SBI Clerk, or ECGC PO.

If you are serious about building a stable career in banking, it might be a good idea to focus on these competitive exams, which offer higher salaries and permanent employment. These exams also provide benefits such as medical allowances, house rent allowances (HRA), and other perks that are not available during the apprenticeship.

Preparing for Bigger Opportunities

While the Canara Bank Apprenticeship can be a good stepping stone, it is important to keep your long-term goals in mind. If you are preparing for exams like SBI PO, IBPS PO, SBI Clerk, NIACL AO, or ECGC PO, you should prioritize your preparation for these exams.

These exams offer permanent positions with much higher salaries and better career growth. Clearing these exams will provide you with a secure future and financial stability.

By focusing on these exams, you can aim for salaries of ₹70,000/– or more, along with job security and additional perks.

Important Links for Canara Bank Apprentice 2024

Apply OnlineCLICK HERE
Official WebsiteCLICK HERE
Notification PDFCLICK HERE

Conclusion

The Canara Bank Apprenticeship Program is a great opportunity for fresh graduates looking to gain experience in the banking sector. However, it is important to remember that this is a training program and does not guarantee permanent employment. The stipend of ₹15,000 per month is relatively low, and the one-year contract does not provide long-term career security.

If you are serious about a career in banking, consider focusing on competitive exams like IBPS PO, SBI Clerk, or ECGC PO, which offer better career prospects, higher salaries, and permanent job positions. Preparing for these exams will give you a solid foundation for a successful career in banking.

If you still want to apply for the Canara Bank Apprenticeship, make sure you register before 4th October 2024 and follow the application process carefully. Keep in mind that this is a temporary opportunity, and it’s always a good idea to aim higher by preparing for full-time jobs in the banking sector.

FAQs

1. What is the Canara Bank Graduate Apprenticeship Program?

The Canara Bank Graduate Apprenticeship Program is a one-year training opportunity for graduates under the Apprenticeship Act, 1961. It offers practical, on-the-job experience in various branches of Canara Bank across India but does not guarantee permanent employment after completion.

2. How many apprenticeship seats are available in Canara Bank 2024?

There are a total of 3000 apprenticeship seats available across different states in India. The number of seats varies by state, with Karnataka offering the highest number (600 seats).

3. What is the eligibility criteria for the Canara Bank Apprenticeship 2024?

To be eligible, candidates must:

  • Be Indian nationals.
  • Have completed graduation in any discipline from a recognized university.
  • Be between 20 and 28 years old (as of 1st September 2024).

4. Is there a specific language requirement for this apprenticeship?

Yes, candidates must be proficient in the local language of the state where they are applying. If the local language is not mentioned on the 10th or 12th-grade certificates, a language proficiency test will be conducted.

5. What is the stipend for the Canara Bank Apprenticeship 2024?

The monthly stipend is ₹15,000, which includes ₹10,500 paid by Canara Bank and ₹4,500 contributed by the government.

6. Is this apprenticeship a full-time job with permanent employment?

No, this is a training program under the Apprenticeship Act, and there is no guarantee of permanent employment with Canara Bank after the completion of the one-year apprenticeship.

7. How can I apply for the Canara Bank Apprenticeship 2024?

You must register on the official apprenticeship portal, then fill out the online application form on Canara Bank’s website. The registration period is from 21st September 2024 to 4th October 2024.

8. What documents are required to apply for the apprenticeship?

The required documents include:

  1. Graduation certificate
  2. Proof of age (birth certificate or valid ID)
  3. Proof of local language proficiency (if applicable)
  4. Any other relevant documents mentioned in the official notification.

9. What is the application fee for Canara Bank Apprenticeship 2024?

The application fee is ₹500 for general category candidates. SC, ST, and PWD candidates are exempt from paying the fee.

10. What happens after the one-year apprenticeship is completed?

After completing the one-year apprenticeship, Canara Bank has no obligation to offer permanent employment. The apprenticeship provides training and experience in the banking sector, which can help you in future job applications, either with Canara Bank or other banks.

Hello friends, my name is Omkar, and I am the founder of this blog. I share all the information related to government exams and yojanas. Having cleared exams like SSC, UPSC CDS, and Railway, I bring a wealth of experience in understanding government exam.

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