Canara Bank Apprentice Salary 2025, Job Profile and Allowances

Canara Bank has released details of the Canara Bank Apprentice Salary 2025 in its official notification. Selected candidates will be engaged as apprentices under the Apprentices Act, 1961, for a period of one year. Apprentices will receive a fixed monthly stipend of ₹15,000, which includes the contribution made by both the Bank and the Government of India. No additional allowances or benefits will be provided.

Candidates applying for the apprenticeship should review the salary, job profile, and other details carefully before submitting their application.

Canara Bank Apprentice Salary 2025

The Canara Bank Apprentice program offers a consolidated stipend to all selected candidates, regardless of branch location. Apprentices will get ₹15,000 per month, which covers both the bank’s share and the central government’s DBT contribution as per the Canara Bank Apprentice Notification 2025.

This stipend reflects the contractual nature of the role. Apprentices are not treated as regular employees of Canara Bank and are not eligible for benefits such as HRA, DA, or medical facilities.

Canara Bank Apprentice Stipend Slip

Apprentices will receive their stipend every month, and a statement of payment may be provided in a format similar to a salary slip for clarity. However, this is a stipend record and not an employee salary slip.

MonthGovt. DBT ShareBank PaymentTotal StipendDeductionsNet Received
Example: October₹4,500₹10,500₹15,000₹0₹15,000
  • Stipend is paid for 12 months only.
  • ₹4,500 is directly credited to the apprentice’s account by the Government of India under DBT.
  • ₹10,500 is credited by Canara Bank.
  • Deductions apply only in case of loss of pay due to excess leave.

What Is the In-Hand Salary of Canara Bank Apprentice?

The in-hand salary is equal to the monthly stipend since there are no major deductions. Apprentices receive:

CategoryIn-Hand Stipend
All Branches₹15,000 per month

Canara Bank Apprentice Perks & Allowances

Apprentices are not entitled to additional allowances or benefits. The program is purely stipend-based. The key benefit is the practical exposure to banking operations, which will be valuable for future employment opportunities.

Perks/AllowancesDetails
Additional PerksNone
ExperienceOn-the-job training in banking services

Canara Bank Apprentice Job Profile

The role of an apprentice at Canara Bank is designed to provide on-the-job training and practical learning under the supervision of bank staff. Tasks are assigned as per branch requirements and may include:

Area of WorkTypical Activities (Under Supervision)
Customer ServiceAssisting customers with basic queries and service requests
Account ServicesSupporting account opening, updates, and closures
Digital BankingHelping customers with mobile banking, UPI, and internet banking
Cash-Related ProcessesPreparing forms, vouchers, and assisting staff in routine operations
Record ManagementMaintaining and organizing branch records
ComplianceFollowing bank’s rules and compliance procedures
Administrative WorkSupporting daily branch tasks and office functions
Training ParticipationAttending sessions for skill development

Canara Bank Apprentice – Initial Appointment

Apprentices are appointed on a one-year contract. They will undergo structured training in selected bank branches during this period.

Appointment DetailsInformation
Contract Duration1 Year
TrainingOn-the-job branch training

Canara Bank Apprentice Promotion

There is no provision for promotions during the apprenticeship period. After successful completion, apprentices receive a certificate of training, which will help in future job opportunities in banking and financial institutions.

Promotion StageDetails
During ApprenticeshipNo promotions
After ApprenticeshipValuable work experience for career growth

Canara Bank Apprentice Salary 2025 – FAQs

Q1. What is the monthly stipend for Canara Bank Apprentices in 2025?
Ans. Apprentices receive a fixed stipend of ₹15,000 per month.

Q2. How is the stipend amount shared between Canara Bank and the Government?
Ans. Canara Bank pays ₹10,500, and the Government of India pays ₹4,500 through DBT.

Q3. Do Canara Bank Apprentices get additional allowances?
Ans. No, apprentices are not eligible for any extra allowances or benefits.

Q4. What is the contract period for Canara Bank Apprentices?
Ans. The apprenticeship is for 12 months only.

Q5. Will apprentices get permanent jobs in Canara Bank after the training?
Ans. No, this program does not guarantee permanent employment. It only provides training and work experience.