Bank Probationary officers also know as PO is a post in the entry level category, which is done through a competitive exam or training program. Being a PO in the bank is the most exciting career as they are highly respected in the society and also earn a very lucrative salary as well.
Candidate selected as a PO will be assigned various tasks that come under the banking sector. Some of his duties include general banking, housekeeping and supervisory functions, and other works that is assigned by the Bank management. The job is quite responsible one and needs the PO to be very alert and aware of the things that are happening around the branch that is allotted to him.
There are various opportunities for development in the career as they will be earning increment as well as promotions. There are various allowances that they enjoy like DA, HRA, CCA, Accommodation allowance, medical air, petrol, canteen, pension, home travel concession, concessional interest rates for housing, car or personal loans and many more.
How to be a PO
Interested candidates can take the competitive exam that is held by the IBPS. It is a written test and candidates are chosen according to their merit score. Candidates are then chosen for the interview, which is the next step. The candidates have to be aware of current affairs and the state of economy in India. Candidates are selected accirdubg to the combined score in the written exam and the interview.
Eligibility and qualification
Age – the age of the candidate should not be more than 30 years and not less than 21 years on the date prescribed. There is a relaxation in the upper age limit for those who are in the reserved category like OBC, SC, ST, Ex- servicemen and those as per the rules.
Education qualification – the candidate should be a graduate from any discipline and from a recognized university. The candidate in the general category should have at least 55% marks in graduation and for post gradation. Candidate should have at least 60% in 12th for registering online.
Candidate from the reserved category will get 5% marks relaxation in graduation and 12th class.
Exam pattern and syllabus
The test consists of objective type questions and descriptive type. There are various subjects that the question paper is based on. The written exam of objective type will consists of 250 marks and has duration of 2 hours.
The subjects covered are –
1. English grammar ——————————50 marks
2. General awareness—————————-50 marks
3. Data analysis and interpretation———–50 marks
4. Reasoning—————————————-50 marks
5. Quantitative aptitude ————————50 marks
For every wrong answer, 0.25 marks will be deducted. If the total marks are counted in fraction, then the total will be the nearest integer. If the question is left bank, the answer does not carry penalty.
The interview carries 100 marks. Candidates have to score the qualifying marks to get a call letter.
Salary of PO
The salary is quite lucrative and as there are various banks that recruit candidates, the salaries also vary according to the bank. Some public sector banks give basic payment of Rs. 40,486 approximately monthly. SBI bank pays around Rs. 69,000 and ICICI bank pays Rs. 34,561 monthly.
Besides, there are other perks and incentives that will be earned by the PO.