Clear All Bank Exams easily...

Clearing Bank exams is one of the tedious process nowadays. Indians are looking forward to step their footsteps in Banking pathway. Even other Professionals from IT and other companies & college freshers looking for Bank Job for their Job Security. At the same time, there are many people who have fear about clearing Bank Exams. Clearing Bank Exams is not a big deal, Smash it easily.

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What are the jobs in bank ?

Like other organisation, Banks also has many positions which differ in Eligibility Conditions, Pay Scale, Job profile, etc., But for Freshers there are only three Avenues:

1. Clerk or Single window Operator (SWO)
2. Probationary Officer (PO)
3. Specialist Officer (SO)

So first, decide the position you want to join and be sure of fulfilling the criteria set for it.

Eligibility for the position of Clerk

12^th passed out candidates can join Clerk Exam with minimum 60% with computer diploma. And reserved category will have relaxation in marks – 55% for OBC and near at 50% for SC/ST category. 

Role of Clerk in Bank

Careful records must be kept for every action carried out within the bank, from a cheque being cashed to a loan being taken out. Your role as a bank clerk means you're responsible for maintaining these records, depending on your specialist field.

As a bank clerk, you could be separated into one of the following:

Interest clerk: Recording interest owed to saving accounts customers and interest owed to the bank from loans and other investments.

Loan clerk: Recording and organising loan information.

Statement clerk: Preparing the monthly balance sheets of checking account customers.

Exchange clerks: Working on international accounts, translating foreign currency into pounds sterling and vice versa.

Security clerk: Recording, filing and looking after stocks, bonds and other investment documents.

Bookkeeping Clerk: Taking care of records for each customer's account.

There are various other clerical roles you could be involved in as a bank clerk to help keep the bank in order. Just like any other business, banks need help with general tasks, such as data entry, filing, mail handlers, and messengers.

Eligibility for the position of PO

Aspirants are required to pass out with Graduate degree from approved institute.

Designation of PO

A PO holds the designation of an Assistant Manager (AM) on Probation. He is in Junior Management Grade-1 (JMG-Scale 1) Officer thus he is often called as Scale 1 Officer or Asst. Manager.

Initial Posting of Probationary Officer(PO) 

After selection as a Probationary Officer (PO) in a particular bank a PO has to go through Induction training programmes in Management Training Academies of particular banks which lasts for 10 to 20 days. The duration of training varies from banks to banks.

After completion of their induction training in Management Training Academies a PO can be posted anywhere in India, as the service of Government Bank Officer is All India based service.

They can be posted as an Asst. Manager on probation in different branches or Head Office or Corporate Office or Zonal Offices or in specialized branches like microstate branches, treasury Branches etc. as per placement policy of particular banks.

Duration of Probation Period 

Normally the probation period is of two years in which the officer is exposed to different types of banking related works. In some banks, the duration may be limited to one year. Probation period in some banks is divided in phases which vary from banks to banks.

For Example - In Indian Bank

1st Phase- 6 months,

2nd Phase-6 months and

3rd Phase- 1 year.

The officers or probationers may undergo frequent transfers or deputations during the probation period. Once the probation period is completed the officer is confirmed as an Assistant Manager and gets his or her permanent posting after satisfied Police Verification report from their Local SSP Office or police station.

Some banks are now-a-days placing officers as Deputy Managers also, just after confirmation, provided they pass the test conducted by the bank.

For example: State Bank of India conducts a confirmation exam. If a probationary officer passes the exam, he is confirmed as an Assistant Manager. In fact, State Bank of India even gives a chance for promotion to Scale II to candidates who perform exceptionally well in the exam. Other Nationalized Banks do not conduct exams for confirmation.

Role of Probationary Officers (PO) in banks 

POs are the talented young officers who have ample of potential and a great zeal to work faster and perform better than others.

1. Multitasking job –The role of Probationary Officer is a multitasking job and they are assigned for various banking activities, which helps them to get familiar with various working procedures of the bank.
2. Practical knowledge– POs are practically trained in various fields, like – Marketing, Accounting, Loans & Advances as well as Finance.
3. Customer services – Often POs are required to handle the customers of the banks, used to guide them about the banking facilities and products available to them, like issuing Cheque books, ATM cards, Demand Draft, etc. Customer complaints like discrepancies in accounts, rectification of undue charges are also handled by them.
4. Supervision of Clerical work– All the clerical work such as managing cash, opening account and customer dealing is done under the supervision of POs. In case of cash transactions, PO is responsible to check whether Clerk entered everything correctly or not and authorize the transactions.
5. Loan Processing – One of the major functions of the bank i.e. providing loan to the needful is also taken care of by a PO. Before granting the loan to the customer, all the documentation is to be done under his/her supervision.