Home Articles Kerala Financial Corporation Assistant Salary Per Month: Pay Scale and In-Hand Pay

Kerala Financial Corporation Assistant Salary Per Month: Pay Scale and In-Hand Pay

General

Suman Saurav
Suman Saurav
Kerala Financial Corporation Assistant Salary Per Month: Pay Scale and In-Hand Pay
Kerala Financial Corporation Assistant pay scale is Rs.15,700 – Rs.33,400. Check in-hand salary breakdown and details on allowances.

An Assistant at the Kerala Financial Corporation (KFC) is a clerical worker. They help with the corporation's daily office and money-related tasks. This includes keeping records, organizing files, handling accounts, and helping officers process loans and assist customers.

The Kerala Public Service Commission (KPSC) usually hires people for this job. They do so through a statewide exam and interview. If you meet the requirements, you can apply online when they announce the job opening.

To qualify, you generally need a Bachelor's degree in any subject. Sometimes, they prefer degrees in business or related fields. You also need basic computer skills, good Malayalam language skills, and you must meet the age requirements set by KPSC.

Component

Amount (₹)

Details

Basic Pay (starting)

₹15,700

Entry-level basic

Dearness Allowance (DA)

₹2,355

~15% of basic (2025 rate assumed)

House Rent Allowance (HRA)

₹1,000

As per slab for this pay band

Other Allowances

₹500 – ₹1,000

Transport/medical allowances (variable)

Gross Salary (approx.)

₹19,500 – ₹20,000

Total of basic + DA + HRA + allowances

Deductions

₹1,700 – ₹1,800

NPS/pension, professional tax, etc.

In-Hand Salary (approx.)

₹17,500 – ₹18,000

Take-home per month

Important Note: The allowances, gross salary and in-hand salary are estimations. Actual pay may vary. It is crucial to refer to official notifications for exact details.

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Job Profile and Promotions

An Assistant at Kerala Financial Corporation (KFC) usually handles clerical and administrative work. This includes:

  • keeping financial records in order,
  • preparing documents,
  • handling loan requests,
  • helping with loan payments and
  • collections,
  • managing office files, and
  • helping senior staff with daily tasks.

As KFC is a state-owned financial group, Assistants also work with clients, providing information about loans and making sure rules are followed. Being correct, keeping information private, and communicating well are key in this job.

  • KFC Assistants have chances to move up in their careers through experience, tests, and good work.
  • They can move from Assistant to Senior Assistant, then to Junior Superintendent, after that to Senior Superintendent or Accounts Officer, and then to roles such as Assistant Manager.
  • With hard work, candidates can get to higher-level positions with more duties, power, and better salaries.

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Also check the salaries of following important officials in Kerala:

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Want to know the detailed salary for administrative officers of the state? Do read:

  1. Block Development Officer Salary 2025
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In states like Kerala Panchayati Raj System is very dominant. It is important to stay informed about these positions.

Frequently Asked Questions

What is the in-hand salary for a KFC Assistant in Kerala?

An Assistant at Kerala Financial Corporation can expect an estimated in-hand salary of ₹17,500 to ₹18,000 per month. This amount is calculated after deductions like NPS and professional tax from the gross salary, which is around ₹19,500 to ₹20,000. It includes basic pay, Dearness Allowance (DA), House Rent Allowance (HRA), and other variable allowances. Please note these are estimations and actual figures may vary based on official notifications.

How can I apply for the Kerala Financial Corporation Assistant job?

To apply for the KFC Assistant role, you generally need to wait for job announcements from the Kerala Public Service Commission (KPSC). KPSC usually conducts a statewide exam and interview process for recruitment. When the job opening is announced, you can apply online through the official KPSC website, provided you meet all the specified eligibility criteria like age and educational qualifications. Always refer to the official notification for application steps.

What qualifications are needed to become a KFC Assistant?

To qualify for a Kerala Financial Corporation Assistant position, you typically need a Bachelor's degree in any subject. While any degree is usually fine, sometimes a degree in business or a related field is preferred. Additionally, you must have basic computer skills, good proficiency in the Malayalam language, and meet the age limits set by the Kerala Public Service Commission (KPSC) in their official recruitment notification.

What does a Kerala Financial Corporation Assistant do daily?

An Assistant at the Kerala Financial Corporation performs various clerical and administrative tasks. Their daily duties include keeping financial records accurate, preparing important documents, helping with loan requests, managing loan payments and collections, and organizing office files. They also assist senior staff with routine work and interact with clients to provide information about loans and ensure rules are followed.

What is the starting pay scale for a KFC Assistant position?

The official pay scale for an Assistant at the Kerala Financial Corporation is Rs. 15,700 to Rs. 33,400. This range reflects the potential earnings as you gain experience and move up within the scale. The basic pay for a newly appointed Assistant starts at Rs. 15,700. Other allowances like Dearness Allowance (DA) and House Rent Allowance (HRA) are added to this basic pay.

Can a KFC Assistant get promoted to higher posts?

Yes, Assistants at Kerala Financial Corporation have good opportunities for career advancement. Through experience, performing well, and sometimes passing internal tests, they can progress through various ranks. Possible promotion paths include moving from Assistant to Senior Assistant, then to Junior Superintendent, Senior Superintendent or Accounts Officer, and eventually to higher management roles like Assistant Manager. Hard work and dedication can lead to significant career growth.

What allowances are included in a KFC Assistant's salary?

The salary of a Kerala Financial Corporation Assistant includes several allowances in addition to the basic pay. Key allowances are Dearness Allowance (DA), which is approximately 15% of the basic pay (as per assumed 2025 rate), and House Rent Allowance (HRA) which is around ₹1,000 for this pay band. There are also other variable allowances, generally ranging from ₹500 to ₹1,000, which cover things like transport or medical expenses.

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