Quick Answer: What Does A PO Do In A Bank?

Is Bank PO a good career option?

Good growth opportunities: Many candidates after completing their higher studies are also joining the banking industry as an option for their future career.

The Probationary Officers of the banks are responsible for the day to day official activities in the bank..

What is highest post in bank?

Managing DirectorManaging Director and CEO: The topmost post in public sector bank is Managing Director and CEO of the bank.

Which bank exam is easy?

IBPS RRBAmongst all the banking exams the easiest to crack is IBPS RRB – Regional Rural Bank examinations.

Is it easy to become bank po?

IBPS PO is not a difficult exam. If you go through the IBPS PO syllabus in details, you will realize that most of the syllabus is of basic, high school level. What makes it difficult for most of the candidates to clear the exam is the lack of a proper study plan. But don’t worry.

What is the salary of so?

IBPS SO Salary in IndiaGradeIBPS SO SalaryOfficer Scale IMonthly salary– Rs. 36400/- Pay Scale– Rs. 23700-980/7-30560-1145/2-32850-1310/7-42020Officer Scale-IIMonthly salary- Rs. 48800/- Pay Scale- Rs. 31705-1145/1-32850-1310/10-459501 more row

What is the starting salary of Po in bank?

Comparison between BanksIBPS POSBI PORs. 37,360 -38,700 per month (Including HRA)Rs. 45,000 per month (HRA depends on place of posting, so salary may vary)Jul 6, 2016

What is the role of a PO in bank?

planning, budgeting, marketing, loan processing and approval, investment management etc. The work of a bank PO also includes managerial tasks, such as supervision of clerical work, taking decisions for the benefit of the bank, managing cash balance etc. PO has to verify all the work done by bank clerk.

What is the salary of bank po?

Rs 23,700IBPS PO basic pay is Rs 23,700- (980 x 7) – 30560 – (1145 x 2) – 32850 – (1310 x 7) – 42020. This means, the basic IBPS PO salary after 7 years will be Rs 30,560….IBPS PO Salary after 11th Bipartite Settlement.Increment (in %)Basic PayGross Pay20%Rs 27, 866Rs 38,67825%Rs 29,026Rs 40,28830%Rs 30, 187Rs 41,8991 more row

What should I do to become a bank po?

Candidates appearing for Bank Probationary Officer Exam need to have basic computer literacy with certificate from reputed institute or Computer as a subject at Class 12 level. Candidates aspiring to appear for Bank PO exams should fall within age group of 21 to 30 years.

Which is better PO or so in banks?

IBPS PO has better opportunities for growth within the banking industry hierarchy while IBPS SO offers a more sophisticated job role relevant to your field of study.

Is banking job stressful?

More than two thirds (67%) of senior-level decision makers at financial institutions say they would consider quitting their jobs within the next year if stress levels do not improve, according to research by MetLife. Two out of five of every five banking executives describe their job as “extremely stressful.”

What is SBI PO salary?

The starting SBI PO salary is Rs. 27,620/- (basic pay) which is followed by four increments. The pay scale of a Probationary Officer/ Management Trainee is 23700-980/7-30560-1145/2-32850-1310/7- 42020.