Description
Course Name: Diploma in Banking Correspondent
Course Id: DBC/Q1001.
Eligibility: Completion of 10th (high School) or equivalent.
Objective: A Diploma in Banking Correspondent opens up numerous career opportunities in the banking and financial services sector. Graduates can take on key roles in customer service, loan processing, financial inclusion initiatives, and even move into managerial positions within banks. With India’s focus on expanding financial inclusion, there is a growing demand for professionals in this field, and the salary range is competitive, with significant scope for growth based on experience, performance, and location.
Duration: 370 Hrs (Equivalent to One Year).
Total Credits: 18.
How You will Get Diploma Certificate:
Step 1- Select your Course for Certification.
Step 2- Click on Enroll Now.
Step 3- Proceed to Enroll Now.
Step 4- Fill Your Billing Details and Proceed to Pay.
Step 5- You Will be Redirected to Payment Gateway, Pay Course and Exam Fee by Following Options.
Card(Debit/Credit), Wallet, Paytm, Net banking, UPI and Google pay.
Step 6- After Payment You will get Study Material Login id and Password on your email id.
Step 7- After Completion of Course Study give Online Examination.
Step 8- After Online Examination you will get Diploma Certificate soft copy(Scan Copy) and Hard Copy(Original With Seal and Sign).
Step 9- After Certification you will receive Prospect Job Opportunities as per your Interest Area.
Online Examination Detail:
- Duration- 120 minutes.
- No. of Questions- 60. (Multiple Choice Questions).
- 10 Questions from each module, each carry 10 marks.
- Maximum Marks- 600, Passing Marks- 40%.
- There is no negative marking in this module.
| How Students will be Graded: | ||
| S.No. | Marks | Grade |
| 1 | 91-100 | O (Outstanding) |
| 2 | 81-90 | A+ (Excellent) |
| 3 | 71-80 | A (Very Good) |
| 4 | 61-70 | B (Good) |
| 5 | 51-60 | C (Average) |
| 6 | 41-50 | P (Pass) |
| 7 | 0-40 | F (Fail) |
Benefits of Certification:
- Government Authorized Assessment Agency Certification.
- Certificate Valid for Lifetime.
- Lifetime Verification of Certificate.
- Free Job Assistance as per your Interest Area.
After successfully completing a Diploma in Banking Correspondent, graduates can explore a wide range of career opportunities in the banking and financial services sector. The Banking Correspondent (BC) role is crucial in India’s financial inclusion efforts, where BCs act as intermediaries between banks and rural or underserved areas to provide basic banking services like deposits, withdrawals, and remittances.
Career Opportunities After Completion of the Diploma in Banking Correspondent
Here are the potential career paths for graduates, along with their approximate salary ranges in India:
1. Banking Correspondent
- Role: A Banking Correspondent works as a representative of a bank in rural or remote areas, providing services such as cash deposits, withdrawals, account opening, and other basic banking transactions. They help bridge the gap between banks and customers who do not have easy access to traditional bank branches.
- Salary Range: ₹15,000 – ₹25,000 per month (initial stage); ₹25,000 – ₹40,000 per month (experienced professionals).
- Note: The salary of a BC can vary based on the location, volume of transactions, and commission-based earnings (for services like opening accounts, processing loans, etc.).
2. Banking Relationship Manager
- Role: Relationship Managers are responsible for building and maintaining strong relationships with clients. They offer personalized banking services, advise on products like loans, insurance, and investments, and ensure customer satisfaction.
- Salary Range: ₹25,000 – ₹50,000 per month (entry-level); ₹50,000 – ₹1,00,000 per month (mid-level); ₹1,00,000 – ₹2,00,000 per month (senior-level).
- Note: Some positions offer bonuses and commissions based on sales performance.
3. Field Officer (Banking)
- Role: A Field Officer works for a bank or financial institution in the field, where they interact with customers to offer various banking services such as loan processing, document verification, and promoting financial products.
- Salary Range: ₹18,000 – ₹30,000 per month (entry-level); ₹30,000 – ₹50,000 per month (experienced professionals).
- Note: Field Officers often receive incentives based on performance.
4. Microfinance Officer
- Role: Microfinance Officers manage small loans and savings products for low-income groups, typically in rural areas. They assess loan applications, evaluate creditworthiness, and ensure timely loan repayments.
- Salary Range: ₹20,000 – ₹35,000 per month (entry-level); ₹35,000 – ₹60,000 per month (mid-level); ₹60,000 – ₹1,00,000 per month (senior-level).
5. Banking Operations Assistant
- Role: Banking Operations Assistants handle the day-to-day operations in a bank, including cash handling, account management, transaction processing, and ensuring smooth workflow in the bank’s back office.
- Salary Range: ₹15,000 – ₹30,000 per month (entry-level); ₹30,000 – ₹50,000 per month (mid-level).
- Note: Some positions may include additional allowances based on the location and workload.
6. Customer Service Executive (Banking)
- Role: Customer Service Executives work directly with bank customers, answering queries, resolving complaints, and guiding them through banking services like account opening, loan processing, and digital banking.
- Salary Range: ₹15,000 – ₹30,000 per month (entry-level); ₹30,000 – ₹50,000 per month (experienced professionals).
7. Loan Officer
- Role: Loan Officers evaluate and approve loan applications, including personal loans, home loans, and business loans. They assess the applicant’s creditworthiness, process applications, and ensure that all necessary documents are in order.
- Salary Range: ₹25,000 – ₹50,000 per month (entry-level); ₹50,000 – ₹1,00,000 per month (experienced professionals).
8. Branch Manager
- Role: A Branch Manager oversees the overall functioning of a bank branch. They manage customer relations, ensure efficient operation of banking services, supervise staff, and work to achieve branch targets and financial goals.
- Salary Range: ₹50,000 – ₹80,000 per month (entry-level); ₹80,000 – ₹1,50,000 per month (experienced professionals).
9. Digital Banking Specialist
- Role: A Digital Banking Specialist focuses on digital banking solutions like mobile banking apps, internet banking, and other electronic banking services. They help customers transition to digital platforms and offer support for online transactions.
- Salary Range: ₹30,000 – ₹50,000 per month (entry-level); ₹50,000 – ₹1,00,000 per month (mid-level).
10. Financial Inclusion Specialist
- Role: Financial Inclusion Specialists work on initiatives aimed at providing banking services to underserved and unbanked populations. They may work with government programs, NGOs, or banks to increase financial literacy and expand access to banking services.
- Salary Range: ₹25,000 – ₹50,000 per month (entry-level); ₹50,000 – ₹80,000 per month (experienced professionals).
11. Banking Trainer (Correspondent/Operations)
- Role: Banking Trainers educate and train new hires or other personnel in banking operations, customer service, compliance, and specific tasks like those related to being a Banking Correspondent.
- Salary Range: ₹30,000 – ₹60,000 per month (entry-level); ₹60,000 – ₹1,00,000 per month (experienced trainers).
Salary Range Considerations
The salary of Banking Correspondents and other related roles can vary based on the following factors:
- Experience: Entry-level positions tend to have lower salaries, while experienced professionals earn significantly higher, especially in managerial or supervisory roles.
- Location: Salaries tend to be higher in metropolitan cities like Mumbai, Delhi, Bangalore, and Pune, where the demand for banking services is higher.
- Banking Institutions: Larger public sector banks, private banks, or financial institutions might offer higher salaries and better growth opportunities.
- Commission and Incentives: In roles such as sales, loan processing, and customer relationship management, additional earnings may come from commissions, performance-based incentives, and bonuses.
Reviews
There are no reviews yet.