Is Bank PO A Good Job?

What is the salary of a bank po?

IBPS PO AllowancesIBPS PO Basic PayRs 23700/- ( Increment in 4 stages- Salary after 1st Increment- Rs.

30560/- Salary after 2nd Increment-Rs.

32850/- Salary after 3rd Increment- Rs.

42020/-House Rent Allowances7%-9% of the basic payDearness Allowance39.8% of the Basic Pay (Varies based on inflation rates)2 more rows.

Is probationary officer a good job?

Life of a Bank P.O. The job of a bank probationary officer (PO) is considered as a lucrative career option and a white collar job. Every year lacs of aspirants contest for PO exams. The job offers a high career growth and prospects for a bright future in banking.

How many hours does a bank PO work?

7 hoursIn 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.

Does Bank PO get pension?

The IBPS PO Pay Scale will be Rs. 23700-980/7-30560-1145/2-32850-1310/7-42020….IBPS PO Salary 2020.Type of PayAmountTelephoneRs 400Canteen SubsidyRs 400Pension ContributionRs 25000Gross Annual CTC(with HRA but without leased accommodation)Rs 5, 57, 64010 more rows•Aug 6, 2020

Which bank Po is best?

IBPS PO Vs SBI PO – Which is the Right Exam for You?FeaturesSBI PODifficulty LevelSBI PO is considered to be more difficult than the IBPS exam. The questions asked in the quantitative ability section are relatively more difficult and the time is limited.Bank OptionsState Bank of India9 more rows•Jul 15, 2020

Which bank PO salary is highest?

This varies with the place of posting at 4% or 3%. As you can see that the salary of an SBI PO Officer is more than an IBPS PO Officer….Given below is IBPS PO Salary:Basic Pay23,700Special Allowance1,836.75DA10,163.63CCA870Total (without HRA)36,570.382 more rows•Aug 6, 2020

Is SBI PO job stressful?

Conclusion[Is SBI PO job stressful?]: As I mentioned in the beginning, SBI PO is a challenging as well as rewarding job. I would say, there is no job which will provide you with a good salary and no workload in the beginning.

How is the life of a bank po?

There are limited managerial tasks of the Probationary officer like supervising the clerical operations, managing the cash balance, and important and impromptu decision making for the benefit of the bank. The PO is also responsible for verifying all the tasks that are done by the clerks.

Can a average student crack bank po?

Can An Average Student Crack A Bank Exam? There is no such thing as an average student. If you were an average student in school or college that’s because you were not sincere enough to study hard but that in no way limit your potential and your capability of sitting in a national level exam and cracking it.

Which is the toughest bank exam in India?

Here is an overview of the Top 10 Toughest Bank Exams in India….IBPS ExamsIBPS PO Exam. IBPS conducts Common Written Exam for recruitment as Probationary Officer. … IBPS RRB Exam. … IBPS Specialist Officers Exam. … IBPS Clerks Exam.

Is banking exam easy?

The bank examinations mainly of IBPS and SBI for different posts are not that easy to crack. The number of candidates who cleared the IBPS exam is much less than those who failed. … The IBPS syllabus is similar to the one followed for most of the other banking sector exams.

Is Bank PO a Class 1 officer?

1.1 Probationary Officers’ Designation: The IBPS PO work profile includes holding the designation of an Assistant Manager (AM). This post comes under Junior Management Grade-1 (JMG-Scale 1) Officer and is also called Scale 1 Officer or Asst. Manager.

Can a weak student crack bank po?

Being a weak student, how can I crack SBI PO exam 2017 in first attempt and in two months? … Get any standard SBI PO exam book, there are loads of them in the market. Get a good command over the English Language, Logical Analysis, Data Interpretation etc. Read a National English Daily Newspaper and make it a habit.

Is Bank PO a secure job?

Job security: A Bank PO job is highly secured. … Good Pay Scale: The pay scale of a bank PO is high as compared to other entry-level government jobs. A Bank PO’s salary starts at 4 lakh per annum in a PSU. A bank PO job is a good kickstarter for a fresher wanting to pursue a banking career.

Which job has highest salary?

List of Top 10 Highest Paying Jobs in IndiaMachine Learning Experts.Blockchain Developer.Full Stack Software Developer.Product Management.Management Consultant.Investment Banker.Chartered Accountant.Marketing Manager.More items…