Employment in the banking sector has always been in demand among job seekers. The posts of Probationary Officer (PO) in banks provide a good kick-start to those who want to start their career in the industry. Every year, lakhs of candidates apply for PO posts. There are recruitments for the post of PO in government, as well as private banks. Are you aware of the responsibilities, work and salary structure of a Probationary Officer? Today, we will get to know about it in detail.
What is the position of Bank PO?
PO is an officer cadre post in banks. Candidates who are selected after passing the PO recruitment test can be appointed as Assistant Manager during two years of probation. They engage in almost all major tasks of the bank. Probationary Officer is an entry-level post of management in the bank. One can reach the top posts like Managing Director (MD) of a bank PO branch gradually. Banks promote PO from time to time. The first post is Assistant Manager.
After this, promotion takes place in the post of Deputy Manager, Manager, Chief Manager, Assistant General Manager, Deputy General Manager, General Manager, Chief General Manager, Deputy Managing Director, and Managing Director.
How much is Bank PO’s salary?
Bank PO post salary varies in different banks. The net salary of Bank PO in India’s largest public sector bank State Bank Of India (SBI) is Rs 52,820; while the basic pay is Rs 41,960.
Eligibility to become Bank PO
To become a PO in a bank, one should have at least completed their graduation from any stream. The maximum age limit to apply is 30 years.
SBI recently closed its application process for the recruitment of PO 2023. The last date of application was yesterday, on October 3. Interested and eligible candidates submitted their application on the official website: bank.sbi/careers. The registration deadline had initially been decided for September 27, but it was later extended to October 3.
This recruitment drive is being held for a total of 2,000 posts of Probationary Officers at SBI branches. The SBI PO examination will be held in three stages — prelims, mains, and interview rounds. Candidates who have successfully registered for the SBI PO 2023 exam will most probably get their preliminary admit cards in the second week of October. The exam will be conducted in November.