Quick Answer: Is Bank PO A Good Job?

Is bank job better than PO job?

The SBI PO job, or any public sector bank job, is more secure than any of the posts in the entire IT industry run by private players.

They might at best have to compensate it with their promotions in extreme cases, but sustaining these can end up in better positions for SBI POs..

What is the job of a po?

planning, budgeting, marketing, loan processing and approval, investment management etc. The work of a bank PO also includes managerial tasks, such as supervision of clerical work, taking decisions for the benefit of the bank, managing cash balance etc.

How can I become a bank probationary officer?

Academic Qualifications Candidates appearing for Bank Probationary Officer Exam need to have basic computer literacy with certificate from reputed institute or Computer as a subject at Class 12 level. Candidates aspiring to appear for Bank PO exams should fall within age group of 21 to 30 years.

How is the life of a bank po?

Life of a Bank PO. The job of a Bank Probationary Officer (PO) is considered as a lucrative career option and a white-collar job. Every year lacs of aspirants contest for PO exams. … Typically, a Bank PO undergoes a 2 year probation period or training and then gets the post of Assistant Manager on joining a branch.

Is IBPS PO a permanent job?

To get permanent posting in banks, every selected candidate has to serve the probation period of the bank. it may get permanent posting at the time of joining also. after probation you may be eligible for scale – 2 promotion.. … Is a bank PO job good?

What is the salary of a probationary officer?

The banks pay their probationary officers quite handsomely. The basic pay of a SBI PO is Rs 23,700. In addition to this basic pay, the officers are also eligible for Dearness Allowance (DA), House Rent Allowance (HRA), CCA, special allowance etc. The total salary thus amounts to Rs 40,239 per month.

Is probationary officer a good job?

The job of a bank probationary officer (PO) is considered as a lucrative career option and a white collar job. Every year lacs of aspirants contest for PO exams. The job offers a high career growth and prospects for a bright future in banking.

Which bank gives highest salary?

SBIWhile SBI offers the highest pay package to its probationary officers, the other public sector banks also offer quite a handsome sum to the PO. The average public sector bank monthly and annual salary is way higher than that of a PO working in a leading private bank like ICICI.

Which bank exam is easy?

Amongst all the banking exams the easiest to crack is IBPS RRB – Regional Rural Bank examinations.

Which post is highest in bank?

Managing Director and CEO: The topmost post in public sector bank is Managing Director and CEO of the bank.

Can SBI PO get home posting?

Not really. You will be posted anywhere across the country for certain period of training and then in another branch for few years and the transfer’s continue, sometimes you might be placed in your hometown too.

What is the salary of a bank po?

Comparison between BanksIBPS POSBI PORs. 37,360 -38,700 per month (Including HRA)Rs. 45,000 per month (HRA depends on place of posting, so salary may vary)Jul 6, 2016

Which bank job is best?

Let’s look into the best 10 bank exams one at a time:SBI PO. … SBI Clerk. … IBPS PO. … IBPS Clerk. … IBPS RRB Officer Scale I. … IBPS RRB Office Assistant. … RBI Grade B Officer. … RBI Office Assistant.More items…

Is SBI PO a permanent job?

Yes sbi po is permanent job because in order to get confirmation after 2 years you need to pass the confirmation exam and you will as it’s easier than sbi po itself. … of course it is a permanent job. You can either get confirmed as Deputy Manager or Assistant manager after the confirmation test.

Why bank salary is too low?

If all perks are included salary of a bank clerk particularly in a nationalised bank is not lower than private sector jobs. However it is lower than officers because of higher qualifications, risks and responsibilities carried by the latter.

Is Bank PO a secure job?

Job security: A Bank PO job is highly secured. … There is no financial down storm that can affect your job. Good Pay Scale: The pay scale of a bank PO is high as compared to other entry-level government jobs. A Bank PO’s salary starts at 4 lakh per annum in a PSU.

Is SBI PO job stressful?

If one can manage the occasional periods of stress, then being an SBI PO is one of the best public sector jobs in India. … Dealing with these expectations can be stressful at times but the stress is not unmanageable, especially for someone who has the calibre to clear the 4 stage recruitment process .

Is Bank PO a Class 1 officer?

The IBPS PO work profile includes holding the designation of an Assistant Manager (AM) on Probation. He is in a Junior Management Grade-1 (JMG-Scale 1) Officer, also called Scale 1 Officer or Asst.