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

The Kerala Financial Corporation Assistant position offers a pay scale ranging from Rs.15,700 to Rs.33,400. This article provides a breakdown of the in-hand salary and details about applicable allowances. An Assistant at the Kerala Financial Corporation (KFC) primarily functions as a clerical worker, tasked with supporting the corporation’s day-to-day administrative and financial operations. This support includes maintaining records, organizing files, managing accounts, and assisting officers with loan processing and customer service.

Recruitment for this role is typically conducted by the Kerala Public Service Commission (KPSC) through a statewide examination and interview process. Eligible candidates can submit online applications once job openings are officially announced. General qualifications for the position include holding a Bachelor’s degree in any subject, though degrees in business or related fields may sometimes be preferred. Candidates must also possess basic computer proficiency, strong Malayalam language skills, and satisfy the age criteria stipulated by KPSC.

The following table outlines an estimated monthly salary breakdown for an Assistant at KFC, detailing various components and deductions:

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 provided are estimations. Actual remuneration may differ, and it is essential to consult official notifications for precise details.

For more detailed insights on related positions, you can refer toKerala LDC Salary 2025 with Pay Scale, In-Hand Salary & Allowances.

Job Profile and Promotions

The role of an Assistant at Kerala Financial Corporation (KFC) primarily involves clerical and administrative duties. These responsibilities include maintaining accurate financial records, preparing essential documents, processing loan applications, assisting with loan payments and collections, managing office files, and providing support to senior staff with their daily assignments. Given that KFC operates as a state-owned financial group, Assistants also interact with clients, offering information regarding loans and ensuring adherence to established regulations. Key attributes for success in this role are precision, confidentiality, and effective communication.

KFC Assistants have opportunities for career advancement, which are typically based on experience, performance in internal examinations, and consistent high-quality work. The typical progression path can lead from an Assistant to a Senior Assistant, then to Junior Superintendent, followed by Senior Superintendent or Accounts Officer, and eventually to higher-tier roles such as Assistant Manager. Through dedicated effort, individuals can attain more senior positions that come with increased responsibilities, authority, and improved compensation packages.

Explore Related Salaries

Additionally, you may want to examine the salaries of other key officials in Kerala:

For detailed salary information regarding state administrative officers, consider reading:

Given the significant role of the Panchayati Raj System in states like Kerala, understanding these various governmental positions remains relevant for those interested in public service roles.