UCO Bank Apprentice Salary 2024: Check In Hand Salary Structure, Work Profile, Perks & Benefits

Jul 12, 2024, 13:42 IST

UCO Bank's 2024 Apprentice offers a stipend of Rs 15,000 monthly, with Rs 10,500 from the bank and Rs 4,500 from the government. This programme provides financial support, skill development, and enhances job opportunities, making it an excellent pathway for starting a successful career

UCO Bank Apprentice Salary 2024
UCO Bank Apprentice Salary 2024

UCO Bank Apprentice Salary 2024: The UCO Bank has announced the salary for selected apprentices in 2024. The candidates who will be engaged in the UCO Bank as apprentices under the Apprentice Act 1961 for the duration of 1 year will be paid monthly by the UCO Bank and the Government of India through DBT mode, as per existing guidelines.

Also Check,

UCO Bank Apprentice Syllabus 2024
UCO Bank Notification 2024

An apprenticeship is an excellent way to start a successful career because it provides the ideal balance of practical experience and academic instruction. Out of all the Apprentice programmemes provided, this programme stands out due to its organised training and financial support. 

UCO Bank Apprentice Salary 2024: Overview

The UCO Bank salary is determined based on the guidelines made by the government for the Apprentice programme. Here are the key highlights of the UCO Bank in hand salary discussed below for the reference of the candidates.

UCO Bank Notification 2024

Recruitment Authority

UCO Bank

Posts Name

Apprentices

Total Vacancies

544

Mode of Application

Online

UCO Bank Apprentice Salary

Rs 15000

Job Location

Anywhere in India

UCO Bank Apprentice Salary Structure 2024

The entire stipend amount is Rs 15,000, which will be paid in two portions: Rs 10,500 from UCO Bank and Rs 4,500 from the government via Direct Benefit Transfer (DBT). Throughout their training time, apprentices are guaranteed to receive constant financial support. Check the table below for UCO Bank Salary Structure 

UCO Bank Salary

Amount

To be paid by Bank

Rs 10500

To be paid by Government

Rs 4500

Total

Rs 15000

Benefits of UCO Bank Apprentice 2024

The Apprentice programme offers numerous benefits beyond the monthly stipend, making it a valuable opportunity for career development.

Financial Support

The stipend provides enormous financial assistance, allowing apprentices to concentrate on their training without worrying about day-to-day expenditures.

Skill Development

Apprentices receive practical skills and firsthand knowledge that are very much sought after in job markets. Working and studying together allows them to lay a solid basis for their future professions.

Job Opportunities

The probability of obtaining a full-time job improves after completing an apprenticeship. After successfully completing their training, several companies offer permanent roles to their apprentices.

Mohd Salman
Mohd Salman

Senior Executive

Mohd Salman is a content expert with over 6 years of experience in the education sector, who has built the categories for the SSC, Railways, Defence, Police, and State Government Exams. He previously worked with organisation like Testbook and holds a B.Tech in Information Technology. At Jagran Josh, he manages and writes for the education beat, covering all educational news for Govt Jobs notifications, and exams such as UPSC, Banking and Railways. He can be reached at mohd.salman@jagrannewmedia.com
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FAQs

  • What is the UCO Bank Apprentice stipend amount?
    +
    The stipend amount is Rs 15,000 per month, with UCO Bank paying Rs 10,500 and the government contributing Rs 4,500.
  • How is the UCO Bank Apprentice stipend distributed?
    +
    The stipend is distributed in two parts: UCO Bank pays Rs 10,500 directly into the apprentices' accounts, and the government’s share of Rs 4,500 is credited through DBT mode.

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