Bank PO

In this post we are going to tell you about salary, perks and allowances of a Bank Probationary Officer. Although we have explained about the salary of Bank Probationary Officer earlier also but we are giving you updated information in this article.

Those who are preparing for Bank PO often ask following questions:
What is the salary of A Bank PO?

What is the pay scale of a Bank Probationary Officer?

What is the gross salary of a Bank Probationary Officer?

What is the take home pay of Bank PO?

What is the CTC of a Bank Probationary Officer?

What are the perks and allowances of a Bank Probationary Officer?

After going through this article you will get answer of almost all the questions. So if you also have any query as such, please go through the article.

Bank jobs are among the most desirable jobs in India, the reason being a lot of scope for career growth, interesting line of work, handsome salary packages, reliable job and much more. On an average around 20 lakh candidates appear for these exams conducted by IBPS, Reserve Bank of India (RBI), State Bank of India (SBI), and other private banks.

These bank PO exams can give you jobs in:

• Reserve Bank of India (RBI)

• State Banks of India (SBI)

• 20+ private Indian banks,

• 21 nationalized banks,

• Selected foreign banks

• Other small to medium co-operative banks

• Gramin banks

The jobs are given at clerical PO (Probationary Officer) and SO (Specialist Officer) levels. Due to the economic slowdown, the vacancies are expected to rise to a high level of 5 lakhs in the next 2-5 years.

The selection is made on the basis of performance in IBPS exam and after that performance in Personal interview (which could also be a combination of GD and PI in some cases).

IBPS recruitment exams are typically conducted only on aptitude basis to accumulate and test the wide variety of candidates coming-in from different academic backgrounds. These tests are designed to test the intelligence and understanding capability of candidates. These test your IQ, general awareness levels and your aptitude on different topics learned at school and college. The key differences from school and college level tests are mentioned here:

> The Questions are all multiple choice questions, solve the question and mark them in the OMR sheet.

> Since the questions are all MCQ type, no marks will be awarded on individual steps; marks will only be awarded if you choose the right option from the given choices.

> Negative marks are awarded for answering wrong choices, be careful when you mark your answer. Also if you are not sure regarding something, it’s better to leave it.

> Different questions belonging to different section hold different weightage. Please make sure to read the instructions before you attempt the exam.

> The syllabus in this exam is not fixed, the topics to study are usually mentionedbeforehand but there is no restriction to questions, they may come from a wide timeline. For example questions from general awareness.

While each specific exam may have a different format in terms of total questions, number of sections, number of questions per section, negative marking and so on, the overall content structure of all upcoming bank exams is similar. The commonly tested areas are:

Quantitative Aptitude and Data Interpretation – school level Maths, basic charts and tables

Logical Reasoning – puzzles, analytical and critical reasoning

English Language – school level grammar, English comprehension

General Awareness – GK and current affairs

Computer Awareness – computers, applications, internet