Today I am going to give you complete information about Bank Probationary Officer or Bank PO job. This is a detailed article and I will cover following points in this article. This article will provide details about Bank PO job in public sector or government banks: –
- What is a Bank PO?
- Bank PO Roles and Responsibilities
- Bank PO in Public Sector Banks and Private Sector Banks
- Bank PO How Recruitment is done?
- Bank PO Eligibility Criteria
- Bank PO Exam Pattern
- Bank PO Syllabus
- Bank PO Exam Important Books
- Bank PO Preparation Strategy
- Bank PO Salary and Perks
- Bank PO Career Growth
Know All Details About Bank PO Job
What is a Bank PO?
Bank PO or Bank Probationary Officer is an entry level officer job in Banks. A Bank Probationary Officer is called so because for the initial 2 year there is probation period. After completion of probation period a Bank PO is confirmed as Assistant Manager. During probation period there are various training in training institutes and different branches of Bank. Normally duration of probation period is for 2 years but sometimes it differs from Bank to Bank.
Bank PO Roles and Responsibilities
Bank PO job is full of responsibilities. During probation period a Bank PO is given training in various branches and exposed to various forms of banking such as retail, agriculture, credit, forex etc. After confirmation a Bank PO is posted as Assistant Manager and can be given assignments such as of Branch Manager, Field Officer, Accounts Officer etc. Bank Probationary Officer is a job which is full of responsibilities. Expectation of Bank remains very high from a Bank PO. They are responsible for the entire operations related to their seat. A successful Bank PO is one who not only able to perform well on his or her own but who can also take maximum work from his or her team. It’s a leadership job as over a period you will be given bigger roles and tasks which require high level of efficiency and leadership qualities.
Bank PO in Public Sector Banks and Private Sector Banks
Bank PO jobs are both in public sector as well as private sector banks. Private sector banks have their own selection process and there is no uniformity in selection process. However, in public sector or government banks, there is well established selection process. Bank PO jobs in public sector banks is much more attractive than that of private sector. Salary and facilities are better in public sector banks and job security is also there.
Bank PO How Recruitment is done?
In public sector banks there is a well-defined selection process which is conducted every year. Selection of Bank PO is being done by IBPS. State Bank of India is having its separate selection process. Selection process includes preliminary, mains and interview. Every year IBPS publishes its calendar and declare dates of exam well in advance. SBI Bank PO recruitment is also being done almost every year.
Bank PO Eligibility Criteria
Minimum educational qualification required is graduate from a recognized university.
Candidate age must be minimum 21 years and maximum 30 years as per the cut-off date given in the recruitment notification. Age relaxation of 3 years is given to candidates belonging OBC category and 5 years SC and ST. The ex-servicemen and the candidates holding Jammu and Kashmir quota are also given an age relaxation of 5 years.
Bank PO Exam Pattern
As I have told you the selection process is three stage process which are preliminary, mains and interview. The preliminary exam is divided into three sections which are Quantitative Aptitude, Reasoning and Verbal Ability. In the main exam there are five sections namely General Awareness, Computer Knowledge, Quantitative Aptitude, Reasoning and Verbal Ability. First stage is preliminary exam, those who qualify in preliminary exam are eligible to appear in main exam which is the second stage. Those who qualify in main exam have to appear in interview which is the third and last stage. Preliminary exam is only of qualifying nature and marks are not added in the final merit. Final selection is based on the marks of mains and interview marks.
Bank PO Syllabus
The objective of Bank PO exam is to assess the candidate’s decision-making power, aptitude and sharpness in a pressure situation. The preliminary exam is divided into three sections which are Quantitative Aptitude, Reasoning and Verbal Ability. In the main exam there are five sections namely General Awareness, Computer Knowledge, Quantitative Aptitude, Reasoning and Verbal Ability. The level of the questions is not very tough in IBPS Bank PO. However, in SBI PO the level of questions remains difficult.
Speed and accuracy are key to qualify the exam. Questions are of 10th and 12th standard and with good preparation you can master the syllabus. I can give you my example that I had never studied maths in my school and college and I was also a Hindi medium student. However, with regular practice I could master both Quantitative Aptitude and English apart from the other sections which helped me to qualify many Bank PO and other competitive exams. What I want to say that the syllabus is not so difficult and any student can prepare it with hard work and good preparation.
Bank PO Exam Important Books
There are many books available in the market. However, I will suggest you to go through the quality study material only. Online material is also available however initially to master the concepts it is very important to study from books itself. Books of Banking Services Chronicle publications are the best for preparation of bank exams. Apart from BSC books and monthly magazines one should also refer RS Agarwal Quantitative Aptitude Book. Arihant publication books are also of good quality.
Bank PO Preparation Strategy
6 months preparation is enough for Bank PO. However, it’s a continuous process till you get the final selection. But if you are a decent student and can study 6-7 hours regularly you can very well prepare in 6 months. It also depends on the individual capacity of the student. Your objective should be do the holistic preparation which means that you should prepare for preliminary, mains and interview from the very beginning. Do not do stage wise preparation. You should prepare for both preliminary and mains exam and also at the same time daily give some time say 1 hour for preparation of interview as well by improving your communication skills and by reading important topics.
With this kind of approach, you can easily qualify Bank PO Exam. Remember this is an exam of speed and accuracy therefore always focus on that. Regularity is the key for preparation of this exam even if you left preparation for 15 days you will find it difficult to get your rhythm back. Therefore, prepare regularly to master each section and practice as much as you can after understanding the concept. Further do not get disappointed if you don’t get selection even after good preparation. It’s a continuous process and you will improve with every exam. Even if you do not get selection the best strategy is to keep on working hard and continue your preparation and finally you will surely get selection.
Bank PO Salary and Perks
Salary of all public sector banks is almost similar however in SBI the salary and perks are more. Basic salary of a Bank PO is Rs. 23700.00 however in SBI there are 4 additional increments. Apart from basic pay officers are also eligible for Dearness Allowance (DA), House Rent Allowance (HRA), CCA, special allowance and various other perks. Total salary and emoluments (including leased rent) are about Rs. 55000 in public sector banks however in SBI it is about Rs. 78000 depending upon the place of posting as leased rent is a major component in SBI.
Bank PO Career Growth
Bank PO is having very good career growth opportunities. In public sector banks all the chairman has joined the bank as Probationary Officer. So, a Probationary Officer can reach up to the highest possible position in a bank. There are fast and quick promotions in banks and if someone is a good performer opportunity are even more. Therefore, it can be summed up as in banks career growth is very good.
So, you can see that I have tried to give you complete details about Bank PO Job. Bank PO is a very attractive job and it is one of the best government jobs of the country. If you have any further question on this topic you can submit your query and I will reply you.