The State Bank of India is considered one of the most popular public sector undertakings in India. As a reason, it brags of having one of the maximum numbers of clients as well. Therefore, getting a job in SBI as a Probationary Officer is a vision and dream come true for all the banking candidates appearing in these examinations.
This article focuses on the following-
- SBI PO Job Profile, SBI PO Salary, The Perks as well as Career Growth
- Probation Period
- Post-Probation Period
- SBI PO Salary
- SBI PO – Benefits and Allowances
- SBI PO Career Growth
- SBI PO Responsibilities and duties
SBI PO Job Profile, their Salary, the Perks as well as Career Growth
All candidates need to understand the roles as well as the responsibilities of an SBI PO to ensure that they have an edge over other aspirants while the interviews are being carried out. They also enable the candidates to be aware of the work they will be engaged in.
All aspirants who clear the selection process must experience rigorous training all through a probation period of 2 years. For the duration of this period, one is subjected to recurrent training as well as transfers.
Probation Period
For the duration of the probation, the candidates will be given diverse bank-associated activities to get them familiar with the functioning of the bank. The candidates will be provided training in several departments which can range from Finance to Accounting and Investment. They aid in the candidates gaining and acquiring practical knowledge.
Some other tasks that the Probationary Officers include, management and addressing customer queries, searching for all complaints that associate with bank services, issuing ATM cards as well as Demand drafts. They can be held responsible for the supervision task of the bank clears as well.
After the POs are adequately skilled and trained, they’re given additional responsibilities which can include Loan Processing and Planning, and Managing investments.
The trainee SBI POs are primarily posted as Junior Management Grade Scale (JMGS) Scale 1. They can be posted at various positions which include-
- Local Head Office
- SME Branch
- Regional Business office
- Corporate Office or
- Zonal Offices or in
- General banking branch or
- Special Branches or
- Specialized branches which include Cheque Clearing, as well as Pension Clearing
Post-Probation Period
After their probation period is completed, all the specified candidates must necessarily do a screening test, after which they can be appointed as the ‘Assistant Bank Manager’. They are then posted to any one of the branches. As they are doing the role of assistant bank managers, these candidates are held responsible for several daily customer transactions, which include the management of Cash and passing of cheques.
On the other hand, Probationary Officers at SBI have additional responsibilities, challenges, and superior roles, as well as development and growth opportunities as compared to Probationary Officers of other banks.
Their Salary
The State Bank of India gives the uppermost entry-level remuneration in the entire Banking Industry for Probationary Officers. Not just that, along with the same, it offers four increments at the initial phases.
The basic pay including the four increments amounts to 27,620/-
The Pay Scale can be shown in the below table-
