IBPS PO vs IBPS RRB Officer Scale I: Job comparison, Roles and Responsibilities, Salary, Career Path
IBPS PO vs IBPS RRB Officer Scale – I
IBPS or the Institute of Banking and Personal Selection is a autonomous body that is set up for conducting recruitment and banking exams. IBPS Banking exam is taken by lakhs of students every year. IBPS is one of the most sought after exams and is known for its IBPS PO and Clerk exams. More than 19 banks participate every year in the IBPS exams.
IBPS or the Institute of Banking and Personal Selection is a autonomous body that is set up for conducting recruitment and banking exams. IBPS Banking exam is taken by lakhs of students every year. IBPS is one of the most sought after exams and is known for its IBPS PO, Clerk and RRB exams.
IBPS PO and IBPS RRB are both very challenging exams. However, there are lot of difference in IBPS PO and RRB. The article explores the several differences between IBPS RRB And IBPS PO and see what both of them have in store for the banking aspirant.
IBPS Probationary Officer:
More than 19 banks participate every year in the IBPS PO exams.
IBPS PO Participating banks: Allahabad Bank, Andhra Bank, Bank of Baroda, Bank of India, Bank of Maharashtra, Canara Bank, Central Bank of India, Corporation Bank, Dena Bank, IDBI Bank, Indian Bank, Indian Overseas Bank, Oriental Bank of Commerce, Punjab National Bank, Punjab and Sind Bank, State Bank of India, Syndicate Bank, UCO Bank, Union Bank of India, United Bank of India, Vijaya Bank,
Selection Procedure for IBPS PO:
The Selection process in IBPS Comprises of Preliminary exam, Mains exam and interview. Candidates who clear the Preliminary exams will qualify for the mains exam and those who qualify in the mains exam will appear for interview in front of a panel. Candidates will finally be selected for IBPS PO.
IBPS PO CWE – ONLINE EXAMINATIONS
The structure of the Examinations which will be conducted online are as follows:
a. Preliminary Examination
|Sr. No.||Name of Tests||No. of Qs||Maximum Marks||Duration|
|1||English Language||30||30||Composite time of 1 hour|
Candidates have to qualify in each of the three tests by securing cut-off marks to be decided by IBPS. Adequate number of candidates in each category as decided by IBPS depending upon requirements will be shortlisted for Online Main Examination.
b. Mains Examination
|Sr. No.||Name of Tests (NOT BY SEQUENCE)||No. of Questions||Maximum Marks||Medium of Exam||Time allotted for each test (Separately timed)|
|1||Reasoning||50||50||English & Hindi||40 minutes|
|2||English Language||40||40||English||30 minutes|
|3||Quantitative Aptitude||50||50||English & Hindi||40 minutes|
|4||General Awareness (with special reference to Banking)||40||40||English & Hindi||20 minutes|
|5||Computer Knowledge||20||20||English & Hindi||10 minutes|
Interview: Candidates who qualify in the Preliminary and mains examination will be selected for Personal interview.
IBPS PO Eligibility Criteria 2017
The age of the candidate should be compulsory in between 20 to 30 years as on 01.07.2017 and both dates are included.
Aspirants for IBPS PO must be graduate from any discipline awarded by a government recognized university.
Career Path of a Probationary Officer in a Bank:
Before completion of probation period of 2 years, Probationary officer will be asked to perform any type of bank job to get them acquainted with all types of bank job. They are often given training and practical job. Probationary officer is also asked to deal in public relations and handle complaints of customers and resolve their complains. He has to deal in tasks like planning, budgeting, marketing, loan processing and approval, investment management.
They also have to work as a clerk and deal with loan related document when people come to ask for loans. They should know all the latest developments in banking industry and also know about circulars issued by the bank. Probationary officer will be asked to do all types of work and promotions will be based on performance. The job offers promising career path. At a later stage, candidates also have to do supervise and also do clerical work to increase the business of the bank.
IBPS PO :
Roles and responsibilities of IBPS PO
You will be multitasking in a nationalized bank. As a Probationary officer, you will have to work in various departments like Deposits, Loans, Clearing, pensions, payments, cheque clearances, Fixed deposits, ATM and Internet banking, Credit card, account closure, account statement, ATM issues, etc. You may also have to handle cash transactions. One must be flexible in doing any type of work in the bank. You need to handle the customers and provide them a solution for all their banking needs.
Things to understand about IBPS PO: Probationary officer is one of the most rewarding jobs in the banking industry. It is one of the most attractive job opportunities given the scope for career and
Salary of IBPS PO: IBPS PO earn a annual income of Rs. 5,57,640. They have a basic pay of Rs. 38, 703 after the recent hike given by Seventh Pay commission for new PO’s. This is eligible for a steady raise after promotion.
Promotions: IBPS PO is a well defined career path that is determined by performance and potential. Today, it much less time for a newly joined PO to scale up the ranks than it did before. One can become General Manager after 14-15 years of service. However, reaching top ranks is decided by the government and not by individual banks.
Career Progression of a Bank PO:
- Junior Management Grade – Scale I: Officer i.e. PO
- Middle Management Grade – Scale II: Manager
- Middle Management Grade – Scale III: Senior Manager
- Senior Management Grade – Scale IV: Chief Manager
- Senior Management Grade Scale V: Assistant General Manager
- Top Management Grade Scale VI: Deputy General Manager
- Top Management Grade Scale VII: General Manager
- Executive Director (ED)
- Chairman and Managing Director (CMD)
IBPS RRB is to gain entry into Rural banks and candidates working for RRB banks will mostly be working in rural areas.
IBPS RRB Pariticipating banks:
There are 56 participating banks in IBPS RRB. Lets look at the 56 participating banks in IBPS RRB:
Allahabad UP Gramin Bank, Andhra Pradesh Grameena Vikas Bank, Andhra Pragathi Grameena Bank, Arunachal Pradesh Rural Bank, Assam Gramin Vikash Bank, Bangiya Gramin Vikash Bank, Baroda Gujarat Gramin Bank, Baroda Rajasthan Kshetriya Gramin Bank, Baroda UP Gramin Bank, Bihar Gramin Bank, Central Madhya Pradesh Gramin Bank
Chaitanya Godavari Grameena Bank, Chhattisgarh Rajya Gramin Bank, Dena Gujarat Gramin Bank, Ellaquai Dehati Bank Gramin Bank of Aryavart, Himachal Pradesh Gramin Bank J & K Grameen Bank, Jharkhand Gramin Bank, Karnataka Vikas Grameen Bank, KashiGomtiSamyut Gramin Bank , Kveri Grameena Bank, Kerala Gramin Bank, Langpi Dehangi Rural Bank, Madhya Bihar Gramin Bank, Madhyanchal Gramin Bank Sagar, Maharashtra Gramin Bank , Malwa Gramin Bank, Manipur Rural Bank , Meghalaya Rural Bank, Mizoram Rural Bank, Nagaland Rural Bank, Narmada Jhabua Gramin Bank, Odisha Gramya Bank, Pallavan Grama Bank , Pandyan Grama Bank, 37 Paschim Banga Gramin Bank , Pragathi Krishna Gramin Bank, Prathama Bank Moradabad, Puduvai Bharthiar Grama Bank , Punjab Gramin Bank, Purvanchal Bank Gorakhpur , Rajasthan Marudhara Gramin Bank, Saptagiri Grameena Bank , Sarva Haryana Gramin Bank, Sarva UP Gramin Bank, Saurashtra Gramin Bank, Sutlej Gramin Bank, Telangana Grameena Bank, Tripura Gramin Bank, UtkalGrameen Bank, Uttarbanga Kshetriya Gramin Bank, Uttar Bihar Gramin Bank, 5Uttarakhand Gramin Bank, Vananchal Gramin Bank, Vidharbha Konkan Gramin Bank
IBPS RRB Exam Pattern 2017 Officer Scale-I
|Sr. No.||Name of Tests||Medium of Exam||No. of Questions||Max. Marks||Duration|
|1||Reasoning||Hindi/ English||40||50||Composite Time of 2 hours|
|2||Quantitative Aptitude||Hindi/ English||40||50|
|3||General Awareness||Hindi/ English||40||40|
|4 a•||English Language||English||40||40|
|4 b•||Hindi Language||Hindi||40||40|
|5||Computer Knowledge||Hindi/ English||40||20|
IBPS RRB : Eligibility Criteria
Educational Qualifications for IBPS PO Officer Scale – I
Degree in any discipline. Preference to some streams related to banking, finance and commerce
Computer Knowledge and Computer skills are preferred
Proficiency in local language of RRB
No previous work experience required
Age limit for IBPS PO Officer Scale- I – Above 18 years – Below 30 years i.e. candidates should not have been born earlier than 03.07.1987 and later than 30.06.1999 (both dates inclusive)
IBPS RRB Salary Structure of Officer Scale I
IBPS RRB Officer Scale I Salary 2017
Pay Scale of IPBS RRB Officer Scale I
In-hand Salary of IBPS RRB Officer Scale I
The in-hand salary varies from Rs 29000 to 33000 with 100% Dearness allowance.
Officers in IBPS RRB draw salaries that are comparable with those offered by most of the Nationalized banks of the country. After selection of IBPS RRB Officer Scale I, candidates are under probation period for 2 years. During probation period, candidates receive a fixed salary usually lesser than the normal salary of IBPS RRB Officer Scale I. After the probation period ends, candidates are promoted to the post of Assistant Manager in the bank. Once candidates grow with more experience, they are promoted and even their salary also increases.
IBPS RRB Officer Scale I Perks and allowances:
IBPS RRB Officer Scale I Post offers various perks and benefits and hence the demand for the post has been growing. Work pressure is lesser in comparison to commercial banks of the country. Employees can enjoy a good work-life balance under IBPS RRB Officer Scale I Post and candidates are eligible for 100% DA. The cost of living is usually lower as candidates are posted in rural areas. IBPS RRBs have a lot of growth potential as several governmental departments and government agencies liaison with the IBPS RRBs and partner with them for work. Candidates must show their performance with what is alloted to them.
Thus we can see that IBPS PO and IBPS RRB both have very different career roles and mostly this will vary based on the candidate. However, work pressure at IBPS PO will be intense accompanied by frequent transfers in comparison to IBPS RRB where it can be very calm atmosphere to work.
Stay tuned for more updates on IBPS PO vs IBPS RRB Scale I Officer!