August, 2017

Bank Exams

Bank Exams.. Why all the Hype?

Why Bank PO as a Career option? And what is the salary structure like?

As banking sector jobs are considered very prestigious and esteemed, Everyone in ten persons would like to go for the banking job. Banking as a career gives many opportunities for employment and promotion as well. But why to choose Bank PO position as a career option? The answer to this question is given in the following content.

The bank PO is selected as good career option because it has many benefits such as it has tremendous job opportunities, challenging job tasks, excellent promotion policies (a good and fast pace opportunity from PO to general manager), wonderful salary packages and job perks, fewer duty hours, great leave policies, stress free environment, opportunity to work abroad, free trips across the country.

Considering the mentioned benefits, one would definitely not be willing to leave the opportunity to choose it as a career option.

What is Job Profile of IBPS RRB Office Assistant? What is work of IBPS RRB Officer in banks?

PO Career and Promotions –

On Probationary Officers post you will spend a duration of two years as a probation period. It is also called a training period In which you learn the fundamentals and different types of work of a bank officer. After completing you will be subject to a screening process.

According to your performance department will be given placement in next higher level of Middle Management Grade Scale II. And Rest of employees who not perform they will assign to Junior Management Grade Scale-I Officer.

Bank provides vast opportunities for growth within the Bank as well as opportunities for postings abroad. The engaging promotion policy of the Bank offers a chance to the brilliant officers to succeed in the highest Management Grade in a short duration.

Career progression for Probationary Officers in Banking Sector with Salary

Junior Management Grade – Scale I: Officer i.e. PO

23700 – 980 – 30560 – 1145 – 32850 – 1310- 42020

Middle Management Grade – Scale II: Manager

31705 -1145 -32850 -1310 -45950

Middle Management Grade – Scale III: Senior Manager

42020 -1310 -48570 -1460 -51490

Senior Management Grade – Scale IV: Chief Manager

50030 -1460 -55870 -1650 -59170

Senior Management Grade Scale V: Assistant General Manager

59170 -1650 -62470 -1800 -66070

Top Management Grade Scale VI: Deputy General Manager

68680 -1960 -76520

Top Management Grade Scale VII: General Manager

76520 -2120 -85000

Executive Director (ED)

Approx 1.5 + lac

Chairperson and Managing Director (CMD)

Approx 2 + lac

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