Jobs

Things You Need to Know About Bank Jobs in India

Bank jobs are known as one of the most lucrative career options in India.  More often than not, millions of candidates appear for bank exams every year and one can expect a little lower or higher change in the number of actual candidates enrolling for bank exams.  Nothing attests to the importance of this career option more than the fact that eligible Indian candidates are usually on the continuous lookout for openings in Government Undertaking Banks, Public Sector Banks, Nationalized Banks, and Private Indian Banks and more.

Bank Jobs seem to have caught every aspirant’s fancy as evidenced by the rising number of ambitious students who want to choose a career as a Probationary Officer. It comes as no surprise that Bank P.O. jobs in public sector units are considered as one of the most lucrative jobs in terms of remuneration, job satisfaction, and other supplementary benefits. Adding to that, even jobs in privately owned banks come with many benefits such as handsome salary and enhanced career prospects.  Once the students have cracked the written exams, the last phase includes banking interview questions that determine their attitude, problem solving and effective speaking skills.

It goes without saying that the banking sector is evolving at an unprecedented pace in India. The demand for pursuing a career in banking has increased as banks have been at the forefront of the country’s economic development. The huge demand for bank jobs in public and private sector banks is attracting young talent to take up this career. Despite the popularity of the sector, a vast majority of students still struggle to get through the written exam that is followed by tough banking interview questions.

What are the eligibility criteria for appearing for Bank Jobs?

First and foremost, the educational background of the applicant is considered for the recruitment process. The aspirant must have maintained a good education record and should have completed the graduation in a discipline of his/her choice while the aspirants from reserved category need to score at least 55% graduation marks

How many types of positions are available for an aspiring graduate?

Probationary Officer – the selected candidates who have not just cracked the written exam but also tackled banking interview questions head-on are being called for the probation period. The selected candidate is under probation for the entire training period and then hired for the job.

Clerical Role – the nature of bank jobs undertaken by the selected candidates depends on the level of examination they cleared. The clerical roles are not just limited to the position of a clerk, but also include stenographer, typist, data entry operators, cashier, and telephone operator, to name a few.

What conditions are required to become a clerk?

  • The candidate must be an Indian citizen.
  • Candidates who want to apply for the post must have minimum 60% graduation marks or more.
  • Some banks provide relaxation for bank jobs in terms of educational qualification such as only 10+ 2 marks will suffice and age limit is extended up to 25 years.
  • In the case of SC/ST/OBC/ PH candidates, the candidates get certain age relaxation.

What conditions are required to become a PO?

  • The candidate must be an Indian citizen.
  • Candidates who want to apply for the post should be aged between 21 and 30.
  • A bachelor’s degree from a renowned university is a must-have with aggregate marks ranging between   55-60%.
  • For taking up these bank jobs, candidates should possess good knowledge of MS Office.

What are the ways to get government bank jobs?

Government bank jobs are open to all eligible candidates who can apply for the positions through appearing for written exams and facing banking interview questions that are facilitated by the leading Indian institutions.  

Listed below are the four renowned institutes:

  • Reserve Bank of India (RBI)
  • Institute of Banking Personnel Selection (IBPS)
  • State Bank OF India (SBI)
  • National Bank for Agriculture and Rural Development (NABARD)

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