Today I am going to tell you information on Bank PO Eligibility criteria. I will tell you about what is a Bank PO, what is the eligibility criteria, salary and about recruitment body for the Bank PO in public sector Banks.
What is a Bank PO? PO stands for Probationary Officer, probation means training, and a PO qualified student has to go for 2 years training so they are called bank PO. After completing the training period the are posted as assistant manager in a bank.
Bank PO Eligibility criteria
Eligibility Criteria for Bank Probationary Officer.
Minimum: 20 years Maximum: 30 years
Relaxation of Upper age limit
- Scheduled Caste/Scheduled Tribe – 5 years
- Other Backward Classes – 3 years
- Persons With Disabilities – 10 years
- Ex-Servicemen – 5 years
A Degree (Graduation) in any discipline from a University recognised by the Govt. Of India or any equivalent qualification recognized as such by the Central Government. There is no percentage bar and any graduate can apply.
Career of a Bank PO: Bank PO is having a very bright career. After every 3-4 years there is an opportunity for promotion in the next grade. A Bank PO can reach a maximum to the level of Chairman of the Bank.
Salary & Allowances: A new entrant in a Bank as PO is liable to get Rs. 23,700 as basic pay. Rs. 980 is the annual increment that a Bank PO will get and it will be applicable for a period of 7 years. Gross salary and perks of a Bank PO is approximately Rs. 47,000
Recruitment Body: Institute of Banking Personnel Selection conducts exam for the post of Probationary Officer in various banks. The list of participating Bank is as under:
- Allahabad Bank
- Andhra Bank
- Bank of Baroda
- Bank of India
- Bank of Maharashtra
- Canara Bank
- Central Bank of India
- Corporation Bank
- Dena Bank
- IDBI Bank
- Indian Bank
- Indian Overseas Bank
- Oriental Bank of Commerce
- Punjab National Bank
- Punjab and Sind Bank
- Syndicate Bank
- UCO Bank
- Union Bank of India
- United Bank of India
- Vijaya Bank
I am sure after reading the post now you must have a good idea about Bank PO Eligibility Criteria and other details.