The responsibilities of a Bank Clerk range from interacting with customers to maintaining accurate financial records of the bank's transactions. They ensure the customer traffic in a bank is well regulated and bank records are updated.
Personal Competencies
You like to do filing or typing
You are good at keeping records of work
You can comfortably talk with all kinds of people
You like to organize things (files/desks/offices)
Entry Pathway
1. Complete 10+2 in any stream
2. Pursue Modular Employable Skills (MES) course for ‘Accounting’ and follow it up with Modular Employable Skills (MES) course for Banking Associate (The courses are offered by the Ministry of Skill Development and Entrepreneurship)
OR
Pursue Diploma in Accounting/ Office Automation/ Banking and Finance or related subject
OR
Pursue Bachelor’s in Accountancy, Business, Economics, Finance, Mathematics or any related subject
Please check the duration of the course during enrolment
Where will you study?
Diploma in Accountancy is offered by the School of Commerce and Management. This list of institutes is indicative only
Government Institutes 1. Ramanujan College, University of Delhi 2. Yashwantrao Chavan Maharashtra Open University, Nashik 3. Dr. Babasaheb Ambedkar Open University (BAOU), Ahmedabad 4. Jamshedpur Womens College, Kolhan University 5. Odisha State Open University 6. Govt. College for Women, Gandhi Nagar, Jammu 7. Kamla Nehru Group of Institutions, Uttar Pradesh 8. Abhyayapuri College, Guwahati
Private Institutes 1. St. Xavier's College, Kolkata 2. TKWs Institute of Banking and Finance, New Delhi 3. Narsee Monjee Institute of Management Studies, Mumbai 4. National Post Graduate College, Lucknow 5. Marathwada Mitra Mandal’s College of Commerce, Pune 6. Greenway Institute of Management Studies, Uttarakhand 7. Indo Asian Academy Degree College, Bangalore 8. New Arts, Commerce and Science College, Ahmednagar
*NPTEL stands for National Programme on Technology Enhanced Learning. It is by the Government of India and offers a variety of courses in an audio-video form
Fees
The approx. course fee ranges between INR 10,000-45,000*
*(The above-mentioned figures are approximate numbers. This will vary from Institute to Institute)
Scholarships & Loans
SCHOLARSHIPS
• National Scholarship Portal - Visit http://www.scholarships.gov.in. Under this portal there are Central Government schemes offered by different departments, UGC/AICTE Schemes and State Schemes* • Visit http://www.buddy4study.com for details on available scholarships. This is a gateway to scholarships starting from Class XI* • Scholarships are also made available in institutes based on merit*
*(Availability of these scholarships can vary from time to time)
LOANS
• VidyaLakshmi, http://www.vidyalakshmi.co.in, is a portal for students seeking education loan. This portal has been developed under the guidance of the Department of Financial Services, (Ministry of Finance), Department of Higher Education (Ministry of Human Resource Development) and Indian Banks Association (IBA) • Some states have student credit cards with low interest rates, for instance, West Bengal, Odisha, Bihar, etc. • All banks give education loans
Where will you work?
Places of Work: Banks
Work Environment: It is a desk job. You will not handle a team. Local travel is not a part of the job role. You are likely to work for 5 to 6 days a week for 8 to 9 hours every day. This may vary from organization to organization.
Opportunities for work exist for differently abled in this field
Expected Growth Path
Bank Clerk → Branch Authorizer → Customer Service Executive → Relationship Manager → Personal Banker → Branch Manager → Regional Manager → Zonal Manager → National Head
Expected Income
The approx. salary of a Bank Clerk ranges between INR 8,000 - 30,000* per month depending on experience.
*These figures are taken from NCS and are indicative and subject to change
Experts from the field
After graduating in 1978, Debabrata Chakraborty cleared a written test and interview at a nationalised bank, after which he became a clerk. Eventually, he was internally promoted to an IFA after clearing a written test and an internal examination. In June 1988, he was promoted to the position of an officer and over the years moved through several departments such as Rehabilitation Finance and Recovery - Home Loan to name a few. Chakraborty retired in August 2015 as a DGM (Deputy General Manager).*
Source: Personal interview
*The above information is for training purposes only and will not be used for any commercial gains
Bank Clerk
NCS Code: 4311.0200 | BFSI141. Complete 10+2 in any stream
2. Pursue Modular Employable Skills (MES) course for ‘Accounting’ and follow it up with Modular Employable Skills (MES) course for Banking Associate (The courses are offered by the Ministry of Skill Development and Entrepreneurship)
OR
Pursue Diploma in Accounting/ Office Automation/ Banking and Finance or related subject
OR
Pursue Bachelor’s in Accountancy, Business, Economics, Finance, Mathematics or any related subject
Please check the duration of the course during enrolment
Diploma in Accountancy is offered by the School of Commerce and Management.
This list of institutes is indicative only
Government Institutes
1. Ramanujan College, University of Delhi
2. Yashwantrao Chavan Maharashtra Open University, Nashik
3. Dr. Babasaheb Ambedkar Open University (BAOU), Ahmedabad
4. Jamshedpur Womens College, Kolhan University
5. Odisha State Open University
6. Govt. College for Women, Gandhi Nagar, Jammu
7. Kamla Nehru Group of Institutions, Uttar Pradesh
8. Abhyayapuri College, Guwahati
Private Institutes
1. St. Xavier's College, Kolkata
2. TKWs Institute of Banking and Finance, New Delhi
3. Narsee Monjee Institute of Management Studies, Mumbai
4. National Post Graduate College, Lucknow
5. Marathwada Mitra Mandal’s College of Commerce, Pune
6. Greenway Institute of Management Studies, Uttarakhand
7. Indo Asian Academy Degree College, Bangalore
8. New Arts, Commerce and Science College, Ahmednagar
Information on the institute rankings can be found at - https://www.nirfindia.org/2022/Ranking.html
Distance learning Institute
Indira Gandhi National Open University (IGNOU)
Online Courses
• NPTEL* Swayam: https://swayam.gov.in/explorer?searchText=accountancy
• Udemy: https://www.udemy.com/courses/finance-and-accounting/ accounting-bookkeeping/
• Coursera: https://in.coursera.org/courses?query=accounting
*NPTEL stands for National Programme on Technology Enhanced Learning. It is by the Government of India and offers a variety of courses in an audio-video form
The approx. course fee ranges between INR 10,000-45,000*
*(The above-mentioned figures are approximate numbers. This will vary from Institute to Institute)
SCHOLARSHIPS
• National Scholarship Portal - Visit http://www.scholarships.gov.in. Under this portal there are Central Government schemes offered by different departments, UGC/AICTE Schemes and State Schemes*
• Visit http://www.buddy4study.com for details on available scholarships. This is a gateway to scholarships starting from Class XI*
• Scholarships are also made available in institutes based on merit*
*(Availability of these scholarships can vary from time to time)
LOANS
• VidyaLakshmi, http://www.vidyalakshmi.co.in, is a portal for students seeking education loan. This portal has been developed under the guidance of the Department of Financial Services, (Ministry of Finance), Department of Higher Education (Ministry of Human Resource Development) and Indian Banks Association (IBA)
• Some states have student credit cards with low interest rates, for instance, West Bengal, Odisha, Bihar, etc.
• All banks give education loans
Places of Work: Banks
Work Environment: It is a desk job. You will not handle a team. Local travel is not a part of the job role. You are likely to work for 5 to 6 days a week for 8 to 9 hours every day. This may vary from organization to organization.
Opportunities for work exist for differently abled in this field
Bank Clerk → Branch Authorizer → Customer Service Executive → Relationship Manager → Personal Banker → Branch Manager → Regional Manager → Zonal Manager → National Head
The approx. salary of a Bank Clerk ranges between INR 8,000 - 30,000* per month depending on experience.
Source: https://bit.ly/407XeMy
*These figures are taken from NCS and are indicative and subject to change
Experts from the field
After graduating in 1978, Debabrata Chakraborty cleared a written test and interview at a nationalised bank, after which he became a clerk. Eventually, he was internally promoted to an IFA after clearing a written test and an internal examination. In June 1988, he was promoted to the position of an officer and over the years moved through several departments such as Rehabilitation Finance and Recovery - Home Loan to name a few. Chakraborty retired in August 2015 as a DGM (Deputy General Manager).*
Source: Personal interview
*The above information is for training purposes only and will not be used for any commercial gains
bank officer, probationary officer, bank clerk