Bank of India Apprentice Exam Salary & Job Profile
Updated 2026Stipend Structure
| Component | Amount (Per Month) |
|---|---|
| Paid by Bank | Rs. 8,500 |
| Govt. of India Support | Rs. 4,500 |
| Total Monthly Stipend | Rs. 13,000 |
The apprenticeship offers a consolidated monthly stipend of ₹13,000. This amount is derived from the bank's contribution and the government's support under the scheme. No other allowances or financial benefits are provided to the apprentices during their one-year tenure.
Apprentice Post Overview
| Parameter | Detail |
|---|---|
| Post Name | Apprentice |
| Organization | Bank of India |
| Engagement Type | Apprenticeship under the Apprentices Act, 1961 |
| Nature of Work | Hands-on banking experience |
| Stipend | ₹13,000 per month (fixed) |
| Duration | One year |
The apprentice position is specifically created to provide on-the-job training to graduates. During the one-year engagement, candidates are expected to assist in daily banking operations, enhancing their understanding of the financial sector. The profile does not carry any permanent employment guarantee but offers valuable industry experience. The stipend is structured to include both the bank's contribution of ₹8,500 and the Government of India's support of ₹4,500.
