Are you someone who's looking for a stable and dignified job? Have you always wanted to work in a field that pays well, provides additional benefits and allows you time for yourself and family ? . Then the Banking Sector is exactly the place for you to apply to .
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Due to increasing stature and various other benefits it's provides in terms of employment options, the banking sector is most sought after by young graduates of our country who are in search of secure employment opportunities .
Banks form the base for the economic development of a country . The Banking and Finance sector in India has seen a significant change over the last 10 years . Infact it is growing so tremendously that in today's world it's functions are not just limited to lending and depositing of money . With various new steps and features that have been introduced in the banking industry it is only natural that sector will grow further high .
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For getting a job in the banking sector you can either directly apply for the vacancies or take an IBPS exam . Certain banks like SBI conduct their own entrances for recruitment for various positions . The Institute of Banking Personnel Selection (IBPS) popularly known as IBPS is an autonomous body responsible for conduction of various recruitment examinations for all Public Sector Banks except for the SBI which has its own exam .
Before diving deep into this article candidates must first be well aware of the perks a job in the banking sector provides , for this you can refer to this article, here.Why Should You Choose Banking As A Career Option? (safalta.com)
This article will provide you an insight into the various job profiles of the banking sector and also state why it is a promising career option for young individuals . They are :
The post of Sub Staff requires a candidate to have passed the class 10th examination from a recognized board . The recruitment is mainly done through an exam . The role is mainly of a peon or a sweeper at the bank branch or the administrative office- wherever the person is posted.
Rs 9560-18545 per month
Bank Clerks :
Candidate must be a graduate to apply for the post .The role is generally sales oriented and includes responsibilities like bank transactions, updating accounts, checking of statements or cashing of checks etc.
Basic computer knowledge and good communication skill is required for the post . Recruitment is done through written exam .
Rs. 2lakhs-4laks per annum
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Probationary Officers (PO) :
A probationary officer undergoes a training or probation period of 2 years and is then appointed to the post of Assistant Manager on joining a branch.They have to work to increase the bank business , deal with management , public relations and other managerial tasks . The career prospect is very high here and you can get promoted to Branch Manager , General Manager and other well off posts through your performance .
Rs. 27620-42000 per month
As a specialist in a bank the job profile depends on the area of specialization. While some work for IT , some work with marketing , HR and so on . The scope for growth is limited here unlike PO but the salary is good.
Certain grades and positions that fall under this category are :
- JMG Scale I or Junior Management Grade B Scale I
- MMG Scale-II or Medium Management Scale-II Grade A
- Middle Management Scale-III Grade A
- SMG Scale-IV or Senior Management Scale-IV Grade A-
The Salary for specialists depends on their rank for instance a Specialist Officer for Scale 1 gets Rs. 23,700/- (basic pay) as salary .
All the points show how anyone who wants a stable career along with good pay and status in society can choose to opt for a job in the banking sector. Banks form the backbone of the country and these days a lot of recruitment opportunities are open for the banking sector jobs . You can know more about them here at our website Safalta.com which also offers coaching for various bank jobs like IBPS ,SBI and so on
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Banks provide career growth opportunities which means you'll never retire with the same stature or salary that you had when you entered for the first time . You're always growing in terms of your position and earnings , which is something which naturally every young individual craves .