Canara Bank Apprentice Salary 2026: Stipend, Perks & More

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The Canara Bank Apprentice Salary 2026 is ₹16,650 per month for Graduate Apprentices engaged under the FY 2026-27 apprenticeship programme. As per the official notification, the monthly stipend includes ₹10,500 paid by Canara Bank and ₹6,150 as the Government share credited through DBT. The apprenticeship period is 12 months, and apprentices are not considered employees of Canara Bank and are not entitled to employee benefits.

Canara Bank Apprentice Salary 2026

The selected candidates will receive a total monthly stipend of ₹16,650 during the 12-month apprenticeship period. Canara Bank will pay ₹10,500 per month, while the Government share of ₹6,150 will be credited directly to the apprentice through DBT. The notification clearly states that no other allowances or benefits will be provided in addition to the prescribed stipend. The stipend will also be paid after adjusting any loss of pay, if applicable.

ComponentAmount
Canara Bank’s Share₹10,500 per month
Government Share₹6,150 per month
Total Monthly Stipend₹16,650

Canara Bank Apprentice Salary Per Month

The monthly stipend for Canara Bank Apprentices is ₹16,650. However, this should not be treated as the salary of a regular Canara Bank employee because the selected candidates are engaged as apprentices for a fixed training period of 12 months. The notification also specifies that apprentices are not employees of Canara Bank and will not receive employee benefits.

ParticularsDetails
Monthly Stipend₹16,650
Bank’s Contribution₹10,500
Government Contribution₹6,150
Training Period12 months
Additional AllowancesNot provided
Employee BenefitsNot applicable
Employment StatusApprentice

Canara Bank Apprentice Job Profile

The official notification identifies the selected candidates as Graduate Apprentices and states that on-the-job training will be provided at the selected branches. The notification does not provide a detailed, task-wise job profile for the apprentice post. Therefore, specific duties may vary according to the training and branch requirements. Apprentices will work during the clerical-cadre working hours of the bank, while overtime can be undertaken only with the approval of the Apprenticeship Adviser in specified circumstances.

Canara Bank Apprentice Training Period

The apprenticeship training will be conducted for 12 months. Selected candidates will undergo on-the-job training at their allotted branches and will be engaged under a digital apprenticeship contract through the NATS portal. The contract must be accepted by the candidate and approved before the apprenticeship engagement begins. After successful completion of the apprenticeship, candidates will receive a joint certification through NATS.

Canara Bank Apprentice Leave

Apprentices are entitled to 12 Casual Leaves during the 12-month apprenticeship period. One Casual Leave becomes available after completion of each month, and a maximum of four Casual Leaves can be availed at a time. The notification does not provide for any other type of leave. Unused Casual Leave will lapse upon completion or termination of the apprenticeship contract.

Leave ProvisionDetails
Casual Leave12 days per year
Leave Availability1 day after completion of each month
Maximum Leave at a Time4 days
Other LeaveNot provided
Unused LeaveLapses at completion/termination

Canara Bank Apprentice Promotion

There is no promotion structure mentioned for the Canara Bank Graduate Apprentices because the engagement is for a fixed 12-month apprenticeship period. On completion of training, apprentices will receive the NATS joint certification and will be relieved from the apprenticeship. The notification also clearly states that Canara Bank has no obligation to offer regular employment to apprentices during or after the completion of the apprenticeship.

Canara Bank Apprentice Initial Appointment

The engagement of selected candidates will take place through a digital apprenticeship contract on the NATS portal. Candidates must accept the contract, and the contract must be approved before they can be engaged as apprentices. The apprenticeship will continue for 12 months, after which the contract will expire as per the terms mentioned in the notification.

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Canara Bank Apprentice Salary 2026 FAQs

Q1: What is the Canara Bank Apprentice stipend in 2026?

A1: Canara Bank Apprentices will receive a monthly stipend of ₹16,650.

Q2: What is Canara Bank’s contribution to the Apprentice stipend?

A2: Canara Bank will pay ₹10,500 per month.

Q3: What is the Government contribution to the Canara Bank Apprentice stipend?

A3: The Government share is ₹6,150 per month, credited through DBT.

Q4: What is the duration of the Canara Bank Apprenticeship?

A4: The apprenticeship period is 12 months.

Q5: Do Canara Bank Apprentices receive other allowances?

A5: No. The notification states that no other allowances or benefits will be provided.

Q6: Are Canara Bank Apprentices regular employees?

A6: No. Apprentices are not considered employees of Canara Bank and are not entitled to employee benefits.

Q7: Is there a permanent job after completing the Canara Bank Apprenticeship?

A7: No. The notification states that Canara Bank has no obligation to offer regular employment during or after the apprenticeship.

Q8: How many Casual Leaves are available to Canara Bank Apprentices?

A8: Apprentices are entitled to 12 Casual Leaves during the 12-month apprenticeship, with one leave becoming available after each completed month.