Duties of Universal Teller in Banking sector

Role of Universal Teller in Banking sector.

In addition to the duties of clerical cadre, duties of UT shall be as under: 

1. Receive cheques/ withdrawal forms/ demand drafts/ bankers’ cheques, process, verify that the instrument is correctly drawn, verify customers account details, operational instructions and correctness of endorsements; 


2. Verify customer’s signature, post transactions in branch computer system and authenticate/ independently pass and make payment of cheques/ withdrawals forms/ demand drafts/ bankers’ cheques up to and including Rs.35,000/-; 


3. Receive Cash and whenever necessary, stamp, sign and issue counter slips/ acknowledgements up to and including Rs.40,000/-;


4. Accept cash from Head Cashier, maintain and manage records, tally cash and hand over remaining cash to
5. Head Cashier and generation of relevant/ required reports;


6. Update pass books;


7. Accept instruments for transfer, give due acknowledgements, process, post and authenticate/pass independently up to and including Rs.1,00,000/-;


8. Prepare print and issue remittance instruments i.e. DD/MT/BC and relative advices wherever required, paste protective tapes and punch values where applicable and sign them independently up to and including Rs.25,000/-.


9. For DD/MT/BC beyond Rs.25,000/- the Universal Teller will be required to print and only sign as second signatory.


10. Accept instruments for clearing/collection and give due acknowledgements;


11. To briefly explain the features of Bank’s various products and services to customers, to reply their queries and to refer interested customers to appropriate specialized sales personnel.

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Duties of Special Assistant in Bank

DUTIES OF SPECIAL ASSISTANTS (SA)

The duties of Special Assistants will be accountable and responsible for running of the department/section under them and their duties will involve looking after and checking the work of other clerk or clerks and sub- staff and will include:

1. Passing independently, manually or online, cash instruments up to Rs. 35,000/- and clearing and transfer cheques, vouchers etc., (whether credits or debits) up to and including Rs. 1,50,000/-. Passing will include verification of signatures and scrutiny as to the correctness of endorsement on and other particulars of such instruments. There shall be no limits for verification of signatures, passing authenticated credit vouchers/ entries and verifying authenticated vouchers in the ledgers, books, computer print-outs etc.


2. Accept, verify and post cash/ transfer/clearing cheques and other instruments, as the case may be, in appropriate of accounts/ ledgers, either manually or online and give due acknowledgements.
3. Signing vouchers, checks, drafts, mail transfers, pay orders, advices such as non payment advices, inter branch fate calling advices, bill schedules, demand notices, statement certificates etc.,


4. Checking all vouchers, advices, statements, cheques, drafts etc., bill and books of accounts including current savings and other ledgers, cash, postal and revenue stamps, franking machine balances, exchange, discount, brokerage calculations and initialing by way of authenticating them for accuracy/ correctness;


5. Checking, manually or online, current, savings and other accounts.


6. Checking the coding and decoding of telegram (Excluding cheque symbols or ciphers)


7. Discharging, endorsing cheques, bills, etc,


8. Perform when required in a computerized set up, system control functions either jointly with an officer and independently, upon specific authorization in this regards;


9. Briefly explain, the features so bank’s various products and services to customers, to reply their queries and to refer interested to appropriate personnel.


10. Inspecting godown (only in banks where such work is already done by the workman)

For the purpose of efficient and effective functioning of the section or department the special assistant shall ensure that all acts, things and steps necessary therefore are taken by himself or by the clerks placed under him and shall ensure that, wherever necessary:

• Reminders are sent on time and follow up


• Pass sheets/books are filled up and issued promptly


• Deposits are renewed on due dates or reminders sent to the parties


• Standing instructions are complied with


• Bills are accepted and due dates diarised/advised and followed up f. Interest, commissions and service charges are collected


• Proceeds of bills are received or remitted promptly;


• Confirmation of balance of accounts of the customers and its follow up.


• All securities relating to the department/section of which the special assistant is in charge are secured and/or kept in proper custody and properly handed to authorized person at the close of the day.


• Balances promptly taken, tallied and reported and followed up and also returns submitted;


• Advices and/or duplicate advices/summaries are issued/responded promptly, whenever called for;


• Checking the proper recording of entries and all relevant particulars in th regard to accounts opened under due authorization.

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Roles and Responsibilities of Agricultural Assistant in Banks

Role of Agricultural Assistant in Banking sector

In our earlier articles we have clearly explained about the duties of Single Window Operator Grade A and B, also we have explained about the role of Head Cashier II in Banking sector.

In this article i am herewith providing you the duties of Agricultural assistant in Banking sector.  In addition to the duties of clerical cadre, Agriculture Assistant’s duties will be as under: 

1. To assist in the bank's lending and/or operations for agricultural development and/or financial assistance to small enterprises (other than small scale industries) such as vegetable/fruit vendors, artisans, self- employed persons including beneficiaries under the DRI scheme. 


2. To distribute and collect application forms and assist the farmers/small borrowers in filling up the forms. 


3. To scrutinise application forms, title deeds, farm plans etc. to ensure that applications are complete in all respects and the particulars furnished in the forms are prima facie in order and for this purpose he may be required to visit the farms for verification and for collection of relevant data. 


4. To take necessary steps to ensure that the periodical details, as called for, are received from the farmers/small borrowers in time. 


5. To keep in constant touch with farmers and to bring any adverse features to the management's notice. 
6. To verify farms, all farms machinery, equipments, tractors, live stocks, pumpsets etc. at stipulated intervals. 


7. To verify proper utilisation of the bank's loans or the progress in work in respect of which loans are granted and to furnish reports on such verifications. 


8. To make efforts and effect recoveries upto amounts not exceeding Rs. 12,500/- from farmers/small 
9. borrowers from their place of work; residence, subject to the necessary arrangements being made in regard to fidelity and transit insurance and personal risk insurance by bank. 

Note :

Banks will evolve appropriate procedure about issuance of provisional receipts etc. of the cash not exceeding Rs.12,500/- collected on a day by an agricultural assistant from the agricultural/small borrowers/depositors.

• To assist in the deposit mobilisation efforts by encouraging farmers/small borrowers to deposit their savings in the bank.


• To collect information about the condition of crops in the villages.


• To collect necessary data from determination of village adoption for financing of agriculture, like farmers ' land holdings, availability of infrastructural facilities, source of irrigation, use of tractors, pump sets, etc. credit facilities, available in village, recovery performance and the like.


• To maintain liaison with land Record and Registration Offices and other Governmental/Developmental agencies for expeditious handling of the banks' work.

Note :

With a view to making optimum use of the technical skill of the agricultural/ development assistant, normally he may not be entrusted with the usual clerical work, but where necessary, he may be asked to do the clerical work.

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Role of Single Window Operator (SWO-B) Grade and nature of work of Head Cashier II (HC-II) in Banking sector.

Duties of Single Window Operator and Head Cashier - II in Bank.

As in our earlier article we have clearly explained about the duties and nature of work of Single Window Operator A Grade, in this article we are herewith providing you the scope of work of Single Window Operator Grade - B and Head Cashier - II.

Duties of Single Window Operator (SWO-B) :

In addition to the duties of Single Window Operator Grade - A, the following are the duties which have to be followed by the Single Window Operator Grade - B :

1. The work include Passing and cash payment of all cheques/ withdrawal forms/ bankers’ cheques/ gift cheques, etc. up to and including Rs. 20,000/-


2. Receipts of cash and issuance of pre-signed drafts/ gift cheques/ travellers’ cheques/ pay order/ bank orders, etc. upto and including Rs. 25,000/-


3. Passing independently clearing and transfer cheques, vouchers, etc. (whether credits or debits) up to and including Rs. 25,000/-

Duties of Head Cashier II (HC II) in Banking sector :

In addition to the duties of Clerk an Head Cashier II has to involve himself for holding bank cash, Key and other valuables in his custody jointly with an officer and being accountable for them and being responsible for the running of the cash department:

1. Attending Treasury work of Government;


2. Verification of vernacular endorsements / signatures;


3. Opinion Compilation;


4. Discharging/endorsing bills, cheques, etc.;


5. Countersigning cheques and/or drafts (on selves or correspondence), payment orders, deposit reaccepts, etc.


6. Taking charge of Clearing and godown departments, etc.;


7. Passing independently clearing and transfer cheques, vouchers, etc. (whether credits or debits) upto and including Rs. 50,000/- and cash vouchers up to Rs. 50,000/- jointly with an authorized person.

Hope this above articles of Single Window Operator - B and Head Cashier II is most useful to you.

All the best :)

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Duties of Single Window Operator – A (SWO – A)

Duties of Single Window Operator – A (SWO – A)

The duties of the Single Window Operator – A (SWO-A) shall form a part of the normal duties of the Clerical cadre and for which not special pay is applicable. The duties includes :-

1. Acknowledgments of inward mail received.
2. Receipt of cheques, drafts, dividend warrants, pay orders and other like instruments other than bills and giving acknowledgment in the counterfoil.
3. Delivery of cheque books subject to authorisation by competent authority. (d) Issue cash receipt.
4. Issue of ESI stamps wherever applicable or may become applicable. (f) Recounting of currency notes by cash department staff.
5. Ensuring the proper contents in covers and envelopes including registered ones before dispatch.

The duties listed above are the additional duties which should be performed by all clerks of Clerical cadre either online or offline which does not involve any passing or supervisory function of an officer of the bank.

A The clerk will wherever and whenever required, function as a Single Window Operator and perform the following duties duties:

1. Passing and cash payment of all cheques/withdrawal forms/banker’s cheques/ gift cheques/ etc. upto and including Rs. 10,000/-
2. Passing independently clearing and transfer cheques, vouchers, etc. (whether credits or debits) upto and including Rs. 15,000/-
3. Receipt of cash and issuance of pre-signed drafts/ gift cheques/ travelers cheques/ pay orders/ bank orders, etc. upto and including Rs. 15,000/-

Hope this above information regarding Single Window Operator - A in banking sector is most useful to you.  Click here to know the roles and responsibilities of other posts like Clerical Assistant and Probationary officer etc. in banking sector for your kind perusal and knowledge.

All the best :)

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Roles and Responsibilities or Scope of work or Duties of Clerical Staff in Banking Sector

Roles and Responsibilities or Scope of work or Duties of Clerical Staff in Banking Sector

Now a days there is much more scope available in Banking sector. Where getting a post under Clerical Cadre in Bank is a good option for those who want to start a job after their matriculation / SSLC.

Clerical staff act like a heart of each bank where every routine work is done by these people only. The following are the posts comes under Clerical Staff in Banking sector :-

SINGLE WINDOW OPERATOR – A (SWO-A)

SINGLE WINDOW OPERATOR - B (SWO-B)

HEAD CASHIER II (HC-II)

SPECIAL ASSISTANTS (SA)

UNIVERSAL TELLER: (UT)

TELEPHONE OPERATORS : (TO)

TELEX OPERATORS : (TXO)

AGRICULTURAL ASSISTANTS

STENOGRAPHERS 

As Roles and responsibilities is one of the section adopted in the Rank Makers niche for the scope of which the following are the nature of work of each and every post listed above is published for your kind information and knowledge.

Hope this above information is useful to you

All the best :)

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Agriculture officer roles and responsibilities

Roles and Responsibilities of Agriculture officer post in Banking sector.

The recruitment for the Agricultural officer post is done by almost all Public sector banks like IBPS, SBI and other Co-operative Banks. Many of the aspirants are not aware about the roles and responsibilities of Agriculture officer in Bank. 

In this article I am herewith providing you the complete details of Agriculture officer post in Banking sector. 

At first : What is the role of Agriculture officer in Banks?

What does Agriculture officer do is banks?

The work of Agricultural officer is to process the loan proposal pertaining to the Agricultural and allied agricultural activities and recommend sanction thereof. This work includes customer acquisition, prospecting, pre loan sanction, inspection to the agricultural site, verification of revenue reords, loan recovery, disbursement and sanction etc.

Apart from that the agriculture officer has to promote various schemes of Central / State Government like Rozgar Yojna, Swayrozgar yojna etc. in agriculture lending in particular and rural lending in general.

How many banks recruit Agriculture officers in their banks and what is the eligibility criteria and salary etc.

For applying to the Agricultural Officer post in Banking sector, the minimum eligibility criteria requires is as follows :-

1. Must be a citizen of India 
2. Age should be in between 21 to 28 years
3. Must have completed Graduation with 50% in Agriculture/ Horticulture/Animal Husbandry/ Fishery Science/Pisciculture/ Veterinary Science/Dairy Science/Agriculture Engineering/Agriculture Marketing and Co-operation from a recognized University which comes under UGC.

The Salary structure provided by the Banking sector authorities for the Agricultural officer post is comes with a pay scale of 10000-470/6-12820- 500/3-14320-560/7-18240

NOTE :- Relaxation in terms of age is applicable for the Backward category candidates like SC/ST/OBC and a relaxation in terms of percentage i.e. 45% is applicable for backward category candidates.

Hope this above information regarding the roles and responsibilities as well as eligibility criteria and salary structure of Agriculture officer post is most useful to you.

All the best :-

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Role of Probationary officer in Banking sector

Role of Probationary officer in Banking sector

Every year Lakhs of the Graduate apply for thousands of the Probationary officer posts but many of them exactly won’t know that what does this post means and what are the roles and responsibilities does a Probationary officer do in Banking sector. 

Most of the readers ask us about roles and nature of work of probationary officer in Bank for making them understand we have came up with an article which is related to the roles and responsibility and nature of work of Probationary officer, by the end of this article you will get know every thing about the probationary officer.

Probationary Officer also known as substitutional officer and sometimes as a pending officer in banks is the first entry point job for the fresher. Probationary officer will get task / assignments from the managers. Also they will be deployed in various departments of bank.

A probationary officer has to carry out training which were assigned to him during his institution training. As you are aware that every department contains pending works likewise in banks also there were many pending works which a Probationary officer has to carry out with his regular duties.

The exact role that a Probationary officer is responsible are: Cash Management, Supervision of Clerical work, Do has to take decisions, Loan Processing and Recovery Loans.

At this point you will be not knowing that the for many work the Probationary officer will act as a maker and a cheker.

For example :- A clerk will be a maker who will do cash transaction here a clerk will be a maker and a probationary officer will be a checker who will authorize the work by re-checking. Also all paper and site facility for a Loan has to do by a Probationary officer here a probationary officer will be a maker and the manager will be a checker for granting permission / loan.

The tasks are allotted by the Senior officers in bank like Managers and they will monitor the work and nature of the appointed Probationary officer also side by side they will evaluate the performance for a certain period i.e. for probationary period.

A probationary period is the learning phase of the probationary officer which ends up in two years. During the probationary period a PO has to get involved in various banking activities and get experience for further work and promotions. Also as you are not aware that the banks has right to terminate the employee during his probationary period if he/she does not fit in position. So it is very important to be in good conduct during the probationary period.

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Role of Clerical Assistants in IBPS Bank

Role of Clerical Assistants in IBPS Bank

The demand for getting a job in Banking sector is increasing day by day. Every year thousands of the young graduates like to go with Banking sector jobs and that too in the Clerical Cadre. A clerical assistant is the first point of contact to the customers in bank either in Withdrawal counter or in Deposit Counter, first point employers in bank are of Clerical Cadre only.

Clerical Assistants are responsible for verifying cheques, accepting payments, withdrawals and other banking related services to their bank customers.

Clerical Assistants are also responsible for Back-office work like receipts collection, ledger maintenance, balance tally & other transactions must be keyed in the computer systems after office hours. Also they are responsible for taking up marketing financial products of their banks such as loans, deposits schemes to their visitors.

In short they are the heart of the bank because without them work will be get hampered that’s the reason why clerical assistants plays an important role in Banking sector.

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