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Canbank Factors Recruitment for Junior Officers Vacancy: – Canbank Factors Ltd. (A Subsidiary of Canara Bank) has released its notification for recruitment of 05 Junior Officer. If you want to make a career with the Canbank Factors Ltd. Job, then this is your chance. Apply for this Recruitment and make the most of this opportunity.


Department: Canbank Factors Limited (A Subsidiary of Canara Bank).
Posts: Junior Officers (On Contract Basis)
Total posts: 05 Posts.
Eligibility: Graduation.
Age Limit: Between 21 to 30 years.
Apply Fee: DD Rs.250/- (Details Below)
Last date: 31 July 2021.
Salary: Starting Basic (Presently Rs.19,200/-) & Other.
Job Location: Bangalore.
Apply Mode: Offline.
Official Website:
Note: Male & Female candidates can apply.


Vacancy details of Canbank Factors Ltd. Recruitment: –

Total Vacancy: – Junior Officers (On Contract Basis)
Name of post: – 05 Posts.

Eligibility Criteria for Canbank Factors Ltd. Recruitment: –

Qualification: – He/ She should be a graduate with minimum 55% of marks in any discipline from a recognized University/ Institution with Computer Knowledge.

Age Limit: – Between 21 to 30 years of age.

Salary: – The remuneration payable to the contracted employees will be on consolidated basis. The remuneration will be the Starting Basic of the Junior Officers of regular employees (Presently Rs 19200/-) with applicable DA at the time of appointment. Further the consolidated amount shall remain the same throughout the contract period. If the contract is being renewed, the increase/ enhancement in consolidated pay will be increased by the increment portion of the regular employees of the cadre with applicable DA at the time of renewal.

Application fee: – (DD Rs 250/-) DD is to be drawn favoring “Canbank Factors Ltd” drawn on Bengaluru.

Contract period: – The contract period shall be for one year only and may be renewed for another year at the sole discretion of the Company. In case if the Company requires the services of the selected candidate for further period, the contract may be renewed for further period upto 2 more years with renewals after each year. Either party may terminate the contract by giving one months’ notice in  writing/ remitting one month’s compensation amount. The Company reserves the right to terminate the services of the contracted appointee who fail to show satisfactory performance or even without any reasons by giving one month’s notice at any time during the contract period.

Selection Process: – The application for Junior Officers on contract basis will be shortlisted based on Qualification, experience and suitability and shortlisted candidates will only be called for interview by call letter and / or e-mail. Interview will be held at our Registered Office, Bengaluru. Interview letter/ Mail will be sent only for the short-listed candidates.

Note: – If you have any query regarding selection process then you must see the notification and read carefully.

How to apply: – Candidates can download the application form from Company Website WWW.CANBANKFACTORS.COM. Application form to be Properly filled up duly filling up all the columns and duly signed by the candidates himself/ herself along with applicable Demand Draft (refer point no 3 below) towards fee to be submitted in the following address:

The Executive Vice President Canbank Factors Ltd
No 67/1, Kanakapura Main Road
(Near Lalbagh West Gate)
Basavanagudi BENGALURU – 560 004

Important dates for Canbank Factors Ltd. Vacancy: –

  • Starting date for offline application – 10 July 2021.
  • Last date for offline application – 31 July 2021.

Official Notification for Canbank Factors Ltd. Vacancy: –

Click here for recruitment notification. 
Click here for application form. 

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About Canbank Factors Ltd. Recruitment.
The assigned ratings reflect Canbank Factors Limited’s (CBF) strong market position in the domestic factoring business and its comfortable earnings profile. While the inherent vulnerability of its asset portfolio (on account of the dominant exposure to small and medium enterprises) moderates CBF’s credit profile, the company’s demonstrated ability to maintain low delinquency levels is a key factor supporting the rating. The rating also reflects the strengths that CBF derives from its majority ownership by Canara Bank.

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