{"id":3443,"date":"2021-06-25T16:07:34","date_gmt":"2021-06-25T10:37:34","guid":{"rendered":"https:\/\/www.practicemock.com\/blog\/?p=3443"},"modified":"2021-06-25T16:07:34","modified_gmt":"2021-06-25T10:37:34","slug":"is-bank-po-good-job","status":"publish","type":"post","link":"https:\/\/www.practicemock.com\/blog\/is-bank-po-good-job\/","title":{"rendered":"Is Bank PO a good job?"},"content":{"rendered":"\n

Are you looking for a lucrative government job? Did somebody tell you about Bank PO<\/a>? And now you became interested in it? Well, whatever your answer maybe! The fact is, now when you are here you just want to know how good it is, for now. Well, if you possess fine analytical, communication, and conflict resolving skills, Bank PO can be the best career option for you or your friend. <\/p>\n\n\n\n

Get this absulutely FREE Mock Test & get a good score in the upcoming RRB PO Exam!<\/a><\/p>\n\n\n\n

Bank PO <\/a>or Bank Probationary Officer is a managerial level job that is offered in different Public and Private Sector Banks across India. A Bank PO enjoys the position of a clerk or an assistant manager in the branch office, where he or she gets posted after the selection. The selected candidate experience a \u2018two-year\u2019 probationary period and during which he serves as a helping hand to senior clerks, as a clear, or a manager.<\/p>\n\n\n\n

There are many banks that conduct the Bank PO Exams to induct suitable candidates for this amazing post, like, SBI conducts SBI PO Exams.<\/a><\/strong><\/p>\n\n\n\n

\"SBI<\/a>
Take this FREE Mock Test and give new meaning to your Banking Preparation!<\/strong><\/figcaption><\/figure>\n\n\n\n

IBPS PO Salary Structure 2021<\/h3>\n\n\n\n

The salary structure of the IBPS PO Exam given below will give you an idea of why the Bank PO Exam<\/a> is among the most sought-after careers in India. Not only does it provide a basic salary but many more financial advantages. Apart from basic salary, IBPS PO offers many other benefits and perks such as Medical Aid, Travel Allowance, Newspaper Allowance, HRA, DA, Accommodation, Pension Scheme, and more.<\/p>\n\n\n\n

Basic Pay<\/strong><\/td>Rs. 23,700\/-<\/td><\/tr>
Special Allowance<\/strong><\/td>Rs. 1,836.75<\/td><\/tr>
Dearness Allowance<\/strong><\/td>Rs. 10,163.63<\/td><\/tr>
CCA<\/strong><\/td>Rs. 870<\/td><\/tr>
Total Pay (Without HRA)<\/strong><\/td>Rs. 36,570.38<\/td><\/tr>
HRA<\/strong><\/td>Rs. 2,133.00<\/td><\/tr>
Gross Salary with HRA<\/strong><\/td>Rs. 38,703.38<\/td><\/tr><\/tbody><\/table>
IBPS PO Basic Salary Structure 2021<\/figcaption><\/figure>\n\n\n\n

The starting basic pay will be Rs. 23,700. The Increment will be in 4 stages. The Salary after 1st Increment will be Rs. 30560, after 2nd<\/sup> it will be Rs. 32,850 and Rs. 42,020 after 3rd Increment. It will be applicable to Junior Management Grade Scale-I. The officer will also be eligible for D.A, H.R.A\/ Lease rental, C.C.A, Medical, and other allowances and perquisites as per rules in force from time to time. In addition, the total compensation per annum on a CTC basis will be a minimum of 8.20 lacs, and a maximum of 13.08 lacs, depending on the place of posting and other related factors.<\/p>\n\n\n\n

A quick glance at the Selection Process and Bank PO Exam Syllabus<\/h3>\n\n\n\n

In the Bank PO selection process, you will be required to go through 3 phases and beat every stage. They are as follows:<\/p>\n\n\n\n

  1. Preliminary Exam<\/li>
  2. Mains Exam<\/li>
  3. Group Discussion and Interview<\/li><\/ol>\n\n\n\n

    Since the Bank PO exam is held in 3 stages, the first two stages, preliminary and mains, are more important than the 3rd<\/sup> one, which is the interview round. Failing in the 1st stage will end your chances of going further to compete. Hence, you must prepare with the updated syllabus. The syllabus for the Bank PO exam can be capsuled as follows:<\/p>\n\n\n\n

    Hurry up and equip your study material with FREE SBI Mock Test<\/a><\/p>\n\n\n\n

    Syllabus for Preliminary Exam:<\/strong> English language, reasoning ability, and numerical ability<\/p>\n\n\n\n

    Syllabus for Mains Exam:<\/strong> General reasoning, computer aptitude, English language, general economy, banking awareness, and data analysis and interpretation.<\/p>\n\n\n\n

    Propel your SBI Clerk Exam Preperation by taking this absolutely FREE and amazing Mock Test!<\/a><\/p>\n\n\n\n

    General Responsibilities of Bank PO (Probationary Officer): <\/h2>\n\n\n\n
    • After selection, when in probationary period, you will be required to assist the Clerks and do related work. By it, you\u2019ll get to know and learn all the daily workings of the bank and other technicalities of the banking system.  <\/li><\/ul>\n\n\n\n
      • You will be trained and learn multi-disciplines related to accounting, marketing, finance, investment, and any other relevant department for four years.<\/li>
      • You will have to look after clerical workings performed by the clerks. You\u2019ll have to play a role of a checker or verifier if a cash transaction is being made by a clerk, to verify it. You will have to issue ATM cards, demand drafts, cheques, etc.  <\/li>
      • You need to be well acquainted with the new schemes, rules, guidelines, and new product launches of the bank.<\/li>
      • You will be required to read all the circulars, official mails, and report if you find any mathematical error or language mistake.<\/li>
      • You will be assigned the work of visiting sites of the clients demanding loans, and for the collection of mortgage documents, verification, etc. <\/li>
      • After the probationary period, you will be asked to handle work independently, such as issuing cheques, draft issuance, cash management, etc.  <\/li>
      • Soon you will be assigned the work of increasing the business of the bank by opening new bank accounts, selling loans, securities, mortgages, and more.  <\/li>
      • If need be, you will also be required to handle customer grievances, complaints, demands, and needs of the customers. You might look after such issues under a public relations officer department.<\/li>
      • With progress and potential, you might also get a more serious and high level of work and responsibilities like, budgeting, planning, marketing, investment management, loan processing\/approval, and more.<\/li><\/ul>\n\n\n\n
        \"RRB-PO-Prelims-Free-Mock\"
        Take this amazing FREE Mock Test and follow our Test Series to change your boost your abilities forever!<\/figcaption><\/figure>\n\n\n\n

        Advantages of being a Bank PO<\/h3>\n\n\n\n

        The post of a Bank PO is considered a lucrative and secure job for reasons more than one. You get so many advantages. When compared to many other government jobs, the career growth prospect is high when compared to Bank PO. In a few years, you can reach high-level banking posts in your zone if you are honest, determined, and hard-working. \u00a0And don’t forget, if you will take regular Mock Tests, nobody will be able to stop you from tasting success in any of the upcoming Bank PO exams. <\/p>\n","protected":false},"excerpt":{"rendered":"

        Are you confused about choosing Bank PO as a career? 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