Latest Bank Jobs 2024: Check Job Profiles for Govt and Private Banks

Latest Bank Jobs 2024: Check Job Profiles for Govt and Private Banks

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Anangsha
Anangsha Patra
Deputy Manager – Editorial
Updated on May 2, 2024 12:53 IST

The demand for taking up a career in banking is increasing among the young aspirants. The public sector banks in India every year come up with a huge number of vacancies to recruit eligible candidates for various posts such as PO, SO, and Clerk. Even the private sector banks also publish advertisements for the recruitment of candidates for various posts.

Bank Job Vacancies

Bank Job Vacancies

Bank Job Vacancies: The banking sector in India is growing at a rapid rate and is among one of the fatest growing industries. The rapid advancements and growth in the banking sector have paved the way for many banking career opportunities. Candidates who want to become bankers can find huge career opportunities in both public and private sector banks. There are numerous bank job vacancies such as Clerk, Probationary Officer (PO)/Management Trainee (MT), Specialist Officers (SO), Executives, Counsellors, Managers, etc that offer high salaries and job security.

To grab a public sector bank job, aspirants need to crack bank exams such as IBPS PO, IBPS Clerk, SBI PO, SBI Clerk, SBI SO, IBPS SO, IBPS RRB, RBI Assistant, RBI Grade B and many more. Recruitment to the public sector banks is carried out by State Bank of India, Reserve Bank of India and Institute of Banking Personnel Selection. Few banks also select candidates for the post of PO after the successful completion of Post Graduate Diploma in Banking & Finance (PGDBF) course. Some of the well-known exams based on this criterion are BOB PO, Canara Bank PO, Indian Bank PO, etc. For Officer level posts, selection is done through prelims, mains and interview. For Clerk level posts, the selection comprises prelims and mains.

Private banks release recruitment notifications for various posts individually and selection is carried out based on online tests/shortlisting/interview. The minimum qualification required to apply for bank job vacancies is graduation. To apply for various bank jobs, the minimum age of candidates should be 18 years. 

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A large number of candidates participate in various banking exams every year. In 2020-21, a total of 50 lakh candidates appeared for the various IBPS exams. Similarly, approximately 40 lakh candidates appear for bank job vacancies carried out by SBI. As the competition for these bank exams is high, candidates need to prepare well with a good preparation strategy. The syllabus for bank job usually comprises Quantitative Aptitude, General Awareness, Reasoning, English and Basic Computer.

For anyone who aspires to join this sector, it is important to be well aware of the bank job vacancies. In this article, we have listed the current and upcoming vacancies in various banks.

Table of content
  • Why Opt for a Bank Job?
  • Different Types of Bank Jobs
  • Popular Government Bank Jobs Vacancies
  • Private Bank Jobs 2024
  • Bank Jobs 2024: Job Profiles and Career Prospects
  • Bank Exam Syllabus
  • Bank Jobs 2024 FAQs
View More

Why Opt for a Bank Job?

For a developing country like India, banks are considered the backbone of the economy. Bank job vacancies are backed up by a huge wealth of diversity and almost every vacancy created in a bank incorporates some sort of banking element such as law, accounting, investment banking, taxes, public relations, customer relationship management etc. Various public and private sector banks open up a career in banking for deserving candidates. The reasons why candidates should opt bank jobs are given below:

  • Handsome salaries 
  • Competitive compensation and pension 
  • Numerous work opportunities
  • No limit for promotions
  • Job security
  • Job satisfaction 

Different Types of Bank Jobs

Different types of bank jobs are Clerical Cadre (Clerk), Office Assistant, Attendant, Junior Associates, Peon, Watchman, Various Officers (PO / SO), Consultants, Various Managers, Executives, Counsellors and many more.

Also Read: 

Bank exam preparation tips

Career in Banking Sector

10 best bank exams 

Popular Government Bank Jobs Vacancies

The table below highlights the popular govt. bank jobs vacancies.

Exam name

Total vacancies

Details

SBI Clerk

More than 8,000 

Click here

SBI PO

Over 2,000

Click here

SBI SO

Over 500

Click here

IBPS PO

More than 3000

Click here

IBPS RRB

More than 8000

Click here

IBPS Clerk

More than 4000

Click here

RBI Grade B

291

Click here

RBI Assistant

450

Click here

IBPS SO

More than 1400

Click here

NABARD

Grade A: More than 170

Grade A: Click here

Private Bank Jobs 2024

Private banks too play a crucial role in the growth of the economy. They also generate huge employment opportunities for graduates. The private banks in India are divided into two types: New and Old by the financial regulators in India. Presently, there are 32 private banks comprising 24 old banks and eight new banks. Listed below are few private banks that which candidates can apply.

HDFC Future Banker

Karur Vysya Bank Limited (KVB) as Business Development Associates, Sales Head and Executives

City Union Bank for Deputy General Managers (Scale VI) and Assistant General Managers (Scale V)

Lakshmi Vilas Bank PO

South Indian Bank Probationary Probationary Manager (CA) in Scale II cadre

RBL Bank for various Managers and Officers

Federal Bank Specialist Officer

Bank Professionals in Yes Bank

Clerks, Officers, Managers in Karnataka Bank

Various Officers, Managers, etc. posts in Karnataka Bank

Axis Bank

Officers in Kotak Mahindra Bank

Jammu and Kashmir Bank PO & Banking Associate 

Nainital Bank SO

IDBI Bank for various Specialist Officers, Managers and Clerks

Bandhan Bank

Also Read:

Bank Jobs 2024: Job Profiles and Career Prospects

Check below the job profiles in the banking sector in detail.

Probationary Officers

This is an entry-level post. Initially, a Probationary Officer is assigned any work from a wide range of banking activities. The probation period is two years in which the officer is exposed to different types of banking-related activities. After clearing the confirming exam, the officer is confirmed as Assistant Manager. A Probationary Officer can reach up to a level of a Chairman.

Specialist Officers

Specialist Officer is appointed for specialised roles in various departments such as Information Technology Officer, Agriculture Field Officer, Rajbhasha Adhikari,  Law Officer, Technical Officer, HR/Personnel Officer, Marketing Officer, etc.

Clerk

Bank clerks are financial service professionals. They are the primary point of contact for most bank customers. This is again an entry-level position. After three to four years of service, a clerk can be promoted to the post of a Trainee Officer.

Bank Exam Syllabus 

Bank exam syllabus is given below.

Bank Exam Bank Exam Syllabus

Preliminary Exam

English Language

Reasoning Ability

Quantitative Aptitude

Mains Exam

English Language

Reasoning Ability & Computer Knowledge

Quantitative Aptitude

General Awareness

Bank Jobs 2024 FAQs

Q: Which are the popular bank job exams in India?

A: The popular bank job exams in India are IBPS PO, IBPS SO, IBPS RRB, IBPS Clerk, SBI PO, SBI SO, SBI Clerk, RBI Grade B and RBI Assistant.

Q: For which bank posts can I apply?

A: You can apply to the posts of Clerk, Probationary Officer (PO)/Management Trainee (MT), Specialist Officers (SO), Executives, Counsellors, Managers, etc.

Q: Are there any bank jobs after Class 10?

A: Usually, banks recruit candidates after graduation. Therefore, to apply for various bank job vacancies candidates must complete graduation.

Q: What is the selection process for various bank jobs?

A: The selection process is different for different posts. The selection process for PO comprises prelims, mains and interview. The selection process of Clerk includes prelims and mains exam.

Q: How can I apply for private banks?

A: The recruitment notifications are published on the respective official websites of banks. You need to visit the official websites to apply.

Q: What is the eligibility for bank job vacancies?

A: The eligibility for bank job vacancies is graduation and candidates should be atleast 18 years.

Q: What is the basic salary of the PO post?

A: At present, the starting basic salary of SBI PO is Rs 27,620 (four advance increments). Candidates are also eligible for DA, HRA/Lease rental, CCA, Medical and other allowances. The basic pay of IBPS PO is INR 36,000. Candidates are also entitled to House Rent Allowance (HRA), Dearness Allowance (DA), Special Allowance (SA) and Compensatory Allowance. 

Q: What is the basic salary of the Clerk post?

A: The initial salary of SBI Clerk is INR 19,900 (INR 17,900 with two advance increments). The initial IBPS Clerk salary is INR 28,000 to 30,000 per month.

About the Author
author-image
Anangsha Patra
Deputy Manager – Editorial
A mass communication and journalism post-graduate, Anangsha has worked as a reporter and sub-editor and enjoys working in the education domain.