It is said that if you want to be on the mountains then it is not possible that you constantly walk on plain land. IBPS Bank PO job profile is like that. Every year lakhs of students appear in IBPS PO exam. Some try their luck and some appear with their hard core preparation. Even if you get selected, the struggle and hard work doesn't end here. There is a long list of duties a probationary officer performs.
IBPS aspirants who dream of a life full of perks should know the complete facts about the Job Role and work-life of officers in Bank.
Institute of Banking Personnel Selection conducts the exam for the post of Probationary Officer in various banks.
This post is named as Probationary officers because after getting selected in IBPS exam, candidates are trained and there is probation of 2 years.
So, if you will be appearing for IBPS PO Exams then you should know all about it. The exam itself is very hard. After getting selected, training makes this profession more difficult. The learning phase is always full of experiences in various fields of the bank such as credit, customer handling, accounts, lockers, etc.
In bank jobs, a career as Probationary officer is one of the fastest-growing career. Hard work of 2 years gets paid once PO completes his training period.
Practical knowledge in finance, accounting, marketing, billing as well as investment.
Routine works such as scrolling, posting, account preparation etc.
Another responsibility of the PO is to work as a Public relations officer.
Handle customer complaints and address various customer related issues, discrepancies in accounts.
Rectification of undue charges.
A bank PO issues ATM cards, checkbooks, Demand Drafts etc.
Work of a Bank PO also includes managerial tasks, such as supervision of clerical work, making decisions for the benefit of the bank, managing cash balance etc.
When the Management Trainee successfully completes the training period of 2 years, he is promoted as Assistant Bank Manager. Now, there is a change in the work responsibilities too. The basis work profile now involves to handle on daily customer transactions, viz. passing a cheque, draft issuance, cash management etc.
Gross Salary - Approximately 5,57,000 with HRA.
Monthly Salary of Bank PO - Approximately 40,000 Rs.
We'll update the latest IBPS PO Salary in this blog any sooner with the salary slip so that candidates can guess the lump sum amount.
Getting this pay scale in the first government job is like a big achievement for candidates. The overall salary is much higher.
This varies from 6% to 15% allowance of the basic salary and depends on the area in which bank is located. Renting and owning house are the most difficult thing if you are posted for banking jobs. This is biggest expense when you are out of your city.
PO gets INR 10700 as a dearness allowance which makes this post the most desirable for candidates.
Nobody likes to spend their earnings on illness. Banks pay leave fare for illness of probationary officer. A probationary officer gets INR 700 per day for room allowance in hospital. This also include 1st class A/C train ticket or economy class flight ticket, taxi charges and amount paid to auto if any.
While training for 2 years PO can get relocations so he gets INR 1500 per day other than travel expenses.
These other allowance includes daily newspaper expenses and petrol expenses up to 35 Liters. Some premium banks also give telephone and entertainment expenses. Various banks also give Reimbursements like furniture allowance, briefcase allowance, cheaper loans and life insurance policies.
This is a complete work life of many Probationary officers. Hope this information helped you in gaining a complete insight of the enormous benefits a bank PO official enjoys. If you dream of getting associated with any of the partner banks who join IBPS Common Recruitment Process (CRP) the you must take the IBPS PO/MT Exam.
It depends on the branch you are posted at. For bank officers posted in metro cities, head offices, regional offices, the job can be really tiring. The workload is higher in such branches. But this is not the case for all, if you love your job and really enjoy working in a bank, you'll find it challenging and fulfilling both.
In Ideal situation, IBPS PO's working hours are 10 AM to 5 PM (7 hours), which are usual banking hours in India. The lunch hours varies from branch to branch. The usual lunch break is between 1:30 PM to 2:30 PM. Although, in case of increased work load at the end of financial year, these hours may be extended.
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Get yourself prepared to crack the IBPS PO for Exam and live this life. You can comment below your views and share the information.