In Indian Economy, banking is considered as dawn division and quickest developing area. Indian government concentrates on giving provision to town and city. At each stage of development, government needs manpower as it is one of the most growing sectors. The recruitment in bank occurs at the accompanying levels:
- Bank Probationary Officer:
The Bank PO is the scale 1 officer. PO is basically managerial post known as an Assistant Manager. The probation period may last for two years which may differ from bank to bank. When candidate selected for the post of PO they offered the post of Assistant Manager (AM) and Deputy Manager (DM). The process of recruitment happens in three levels: Preliminary Test, Mains Test and Interview Process.
- Bank Clerk:
As per the name, this is a clerical position that directly handles customer responsibilities and takes care of a customer. It is considered as an entry-level job in a bank. It is mandatory for the candidate to clear both preliminary exam and Mains exam to be eligible for this post.
- Specialist Officer:
Banks also hire candidates for specialist profiles like – IT Officer, Agriculture Officer, HR Officer, Finance Officer, Marketing Officer, Law Officer, Etc. The starting salary, as well as the grade of the Specialist officer, is same as Probationary Officer.
Every year banking exams are conducted for the recruitment of posts like Bank PO, Bank Clerk and Bank SO. These exams conducted in following categories:
- IBPS PO
- IBPS Specialist Officers (IBPS SO)
- IBPS Regional Rural Bank Exam
- SBI Probationary Officer
- SBI Clerk
- RBI Grade B Exam
- RBI Assistants Exam
Bank recruitment process is divided into three phases. In which first two phases are conducted as written test known as Preliminary exam and Mains exam. The candidate who cracks these both exams is selected for the next phase that is the interview process. The weightage of written test is 80% whereas interview is of 20%, on this basis the candidates are shortlisted.
The written test is generally conducted to test the General aptitude of the candidates. In prelims 100 questions are asked from three different sections as follow:
- Quantitative Aptitude (35 Questions)
- Reasoning Ability (35 Questions)
- English Language (30 Questions)
In mains exam, here asked 200 questions in the exam this is categorized as follows:
- Quantitative Aptitude
- Reasoning Ability
- English Language
- General Awareness
- Basic Computer Knowledge
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ABOUT BANK PO:
The Bank PO is namely as Bank Probationary Officer. Bank PO is an entry level as well as managerial level position offered in different Public Sector Banks in the nation. A Probationary Officer assigns with the designation of an Assistant Manager in any Public Sector Bank. Being a remunerative career alternative and a white-collar job, the number of students appears for Bank PO exam to get the position through IBPS PO or SBI PO. As the number of students appeared for this exam they join coaching and the
Bank PO Coaching Classes in Nagpur can be the best option for the beginners.
Many government and private banks conduct their recruitment drive for this post through the Post Graduate Diploma in Banking and Finance. This program takes 9 months to accomplish and 3 months of training after which they are delegated as Assistant Manager in Bank.
Bank PO Designation:
When candidate selected as bank PO is offered with the post of Assistant Manager and Deputy Manager after the probation period has been completed. The officer has some important responsibilities, while on the job in Bank.
- Service Customers
- Bring New Business
- Handle Cash
- Payment Clearances
- Report Verification
- Official Communication
- Supervision of clerical work
- Loan Processing
Bank PO Salary:
The basic pay of bank PO is Rs. 23,700/- apart from that officers also eligible for lots of allowances such as Transport, Dearness Allowance (DA), House Rent Allowance (HRA), CCA, special allowance etc. The Gross Salary thus amounts to Rs. 38,703/- for a probationary officer.
Duration of Probation Period:
Generally, the duration of probation is two years in which officer revealed different types of banking related work. The probation period is divided into three phases which may be varying from bank to bank.
- Phase 1: 6 Months
- Phase 2: 6 Months
- Phase 3: 1 year
Bank PO Paper Syllabus
The Bank PO is an online exam, which is divided into further three phases:
- Phase1 – This phase is of one hour with 100 objective type questions in the English Language, Reasoning Ability, and Quantitative Aptitude.
- Phase2 – It is the main examination, which consists of objective type questions and descriptive questions. The objectives are sub-divided into four parts: English Language, General Awareness, and Data Analysis and Reasoning whereas the descriptive type is mainly a letter and essay writing.
- Phase3 – It consists of a group discussion and an interview.