Latest Bank Jobs 2024: Check Job Profiles for Govt and Private Banks
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: 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.
Q: What is SBI Clerk Eligibility?
SBI Clerk criteria:- A candidate who is aspiring to apply for the SBI Clerk exam must be an Indian citizen. Candidates must fulfill the following educational requirements to apply for the SBI Clerk Prelims examination. 1.Prospective candidates must have a Graduation degree in any stream from a recognized University or any equivalent qualification which is recognized by the Central Government. They must make sure the passing certificate shows the date the relevant degree was earned. 2.Candidates who have an Integrated Dual Degree (IDD) certificate should ensure that the date of passing of the IDD is as per the guidelines given in the notification. 3.Those who are in the final year/ semester of their graduation may also apply provisionally subject to the condition that, if provisionally selected, they will have to produce proof of having passed the graduation examination 4.As per the SBI Clerk qualification criteria, the candidates need to mandatorily indicate the percentage theyve obtained in the Graduation degree and calculate it to the nearest two decimals in the online application form. 5.For Matriculate Ex-servicemen, prospective applicants should have obtained the Indian Army Special Certificate of Education or corresponding certificate in the Navy or Air Force, after completing at least 15 years of service in the Armed Forces of the Union. Age limit:- Not below 20 years and not above 28 years i.e. candidates must have been born not earlier than 02.08.1994 and not later than 01.08.2002 (both days inclusive). The details regarding the age limit and the relaxation in upper age are clearly given in the official notification. Candidates must go through the notification in detail and check the eligibility criteria. Relaxation is given to the various categories for the SBI Clerk exam. SC/ST - 5yeras OBC 3 years PWD (Gen/EWS) 10 years PWD(ST/ST) 15 years PWS(OBC) 13 years Ex-Servicemen/ Disabled Ex-Servicemen - The actual period of service rendered in defense services + 3 years, (8 years for Disabled Ex-Servicemen belonging to SC/ST) subject to max. age of 50 years Widows, Divorced women and women judicially separated from their husbands & who are not remarried - 7 years (subject to maximum age limit of 35 years for General/ EWS, 38 years for OBC & 40 years for SC/ST candidates) Note: 1.Candidates who seek age relaxation are required to submit copies of the necessary certificate at the time of admission.
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.
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.
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
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.
A mass communication and journalism post-graduate, Anangsha has worked as a reporter and sub-editor and enjoys working in the education domain.