SBI Clerk

Only those applicants from the waitlist who receive the required number of points in the primary exam are chosen. The waitlist is open for business one year after the SBI Clerk final result is announced.The waiting list for SBI Clerk III is currently up and will run through February 8, 2024. On July 31, 2023, the first waiting list was released. This relates to the test that was administered on January 15, 2023. One of the most difficult tests in India is the SBI Clerk. It takes at least six months to prepare for this exam. The Institute of Banking Personnel Selection (IBPS) has released the IBPS PO Reserve List 2023 as an additional list for probationary officer (PO) positions.

SBI Clerks are responsible for opening bank accounts, looking after the transactions related to the NEFT/RTGS, issuing demand drafts, issuing bank statements, transferring amounts through several payment modes, handling cheque book requests, etc.The SBI Clerks are worked as cashiers, depositors and other front desk posts. They have to deal with customers and address their concerns. They are also involved in activities like opening bank accounts, issuing DDs, transferring amounts through cheque, RTGS/NEFT, cheque book requests, etc.SBI gives the facility of drawings, accepting, and buying and selling the bills of exchange. It also issues and circulates the letters of credit. SBI also invests in funds or any special kind of security. The bank also acts as a trustee, executor, or otherwise, based on the circumstances.

Along with the results, the SBI Clerk test scorecard is made public. The necessary credentials must be entered by candidates in order to download the scorecard. Candidates do not receive hard copies of the scorecard in the mail. The scorecard includes the cutoff marks, total marks, and section-wise marks, among other things. Candidates' scores are determined after deducting points for incorrect responses. The penalty for providing an incorrect answer is one-fourth of the mark deducted for that question. Those who answer correctly receive one mark. There are 100 total marks available for the preliminary exam. There are 200 possible points in the main exam. When choosing the final applicants, the marks from the main exam are taken into account.

Compared to other banks, SBI Clerks have greater opportunities to become Probationary Officers. The primary cause is SBI's expedited promotion procedure. Those chosen for the SBI Clerk post will serve a minimum of six months on probation. It might, however, be extended in light of a candidate's performance. Every two years, SBI holds an internal exam for individuals hoping to advance in their careers. Only after working for the bank for three years is a clerk eligible to take the internal exam. Those who pass the internal exam are appointed as Trainee Officers (TOs) for a two-year term. Following the two-year probationary period, they are hired as Cadres for the Middle Management Grade Scale-II (MMGS-II).

The choice between SBI Clerk and IBPS Clerk depends on individual preferences and career goals. SBI Clerk positions are generally considered more prestigious due to the State Bank of India's prominent reputation and higher salary packages, which include additional perks and allowances. Moreover, SBI offers better career growth opportunities and more training programs, enhancing professional development. On the other hand, IBPS Clerk positions provide more job vacancies across various banks, increasing the chances of selection. The work environment and pressure in IBPS-affiliated banks are often perceived as less intense compared to SBI. Ultimately, the decision should consider factors like job security, career advancement, work-life balance, and individual career aspirations.