Career Information > BFSI > Teller Bank

Last Updated on :16/10/2023
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Teller Bank

Aliases: Bank Cashier

Industry/Sector(s): BFSI

JOB DESCRIPTION ¹

The tasks a Teller Bank is expected to perform include:

Making payment up to specified limit to bank depositors or their authorized persons towards withdrawal forms or cheques
Maintaining up-to-date account of payments made
Verifying depositor’s balance from ledger book and comparing signatures with specimens before making the payment
Making debit entries in depositors account card and drawing up-to date balance

WORK ENVIRONMENT ^{1, 2, 4}

It is a desk job
Need not handle a team
Travelling is not a part of this job role
Part-time work and contractual jobs are not available
Work from home option is not available

Working hours

Organizations usually work for 5/6 days a week and 9/10 hours everyday. This may vary organization to organization
Shift system is available

Is the job suitable for a candidate with special needs?

This job is suitable for candidates with One Leg (OL), Both Leg (BL), Muscular Weakness (MW) and those who have their Hearing Impaired (HH)

This may vary from organization to organization

EDUCATIONAL QUALIFICATIONS AND TRAINING ^{3, 4}

Preferably, graduation with any specialization

KEY COMPETENCIES ¹

Proficient in checking cash drawers at the end of the day and calculating daily transactions using computer, calculators, etc.
Adept in verifying signatures, identification of the person receiving payment, legality of the documents and account balance before making payments
Well-versed in recording transactions and issuing computer-generated receipts
Proficient in counting currency and coins by hand or by using currency counting machine
Adept at identifying transaction mistakes when debit and credits does not balance
Knowledge of preparing and verifying cashier’s checks
Proficient in dealing with customer and resolving their queries
Adept at monitoring bank vaults to ensure cash balances are correct
Well-versed in monitoring cash movement and ensuring adequate cash availability
Proficient in processing transactions such as term deposits, automated teller transaction, etc.
Knowledge of banking processes and products
Well-versed in operating banking software

DESIRABLE COMPETENCIES ¹

Effective communication skills
Detail-oriented
Good mathematical skills
Relationship building skills
Hardworking and persistent

AVAILABLE SKILL TRAINING AND LEARNING INSTITUTES

Colleges across India

AVAILABLE SKILL TRAINING SCHEMES/SCHOLARSHIPS

SAMPLE OF TRAINING AND LEARNING COURSES

CAREER PROGRESSION PATH ¹

National Head

↑

Zonal Manager

↑

Regional Manager

↑

Branch Manager

↑

Personal Banker

↑

Relationship Manager

↑

Customer Service Executive

↑

Branch Authoriser → Movement to other corporate office job

↑

Teller Bank

The progression is indicative

EXPECTED EARNINGS ⁵

For new entrants – Rs 10,000 to Rs 15,000 per month
For candidates with experience - Rs 15,000 to Rs 25,000 per month

This figure are indicative and subject to change

REQUIRED WORK EXPERIENCE ³

Generally, 0 - 4 years of work experience required

PROBABLE EMPLOYERS ^{3, 4}

All banks, NBFCs and other financial service companies across India

KEYWORDS

Bank Cashier

OCCUPATIONAL CODES AND STANDARDS

Standard	Code	Description
NCO 2015	4211.0400	Teller Bank
ISCO 2008	4211	Bank Tellers and Related Clerks
NIC 2008	69201	Accounting, bookkeeping and auditing activities
QP Reference	Not Available	Not Available
NSQF	Not Available	Not Available

REFERENCES

1	National Classification of Occupations Division 4
2	http://www.payscale.com/research/IN/Job=Bank_Teller/Salary

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