Banking

All About Banking Sector

Banking Jobs

Bank jobs are the best jobs for graduates of any stream because one can earn good and enjoy perks as well. It doesn’t matter, whether you are from science or humanity stream or other educational backgrounds, you can apply for any bank jobs if you have a degree from a recognized university with minimum eligibility marks.

Getting a well-paid job with maximum security is a dream of many youths in India and many considered bank jobs as the best job with great career growth opportunities. The bank sector is the only sector that offers thousands of bank job opportunities every year.

Why bank jobs are the best career option for students

Job security

Bank jobs are known as the most secure jobs all over India because you won’t get terminated from your job until you will do some unethical tasks. Therefore, if you are looking for a well- secured job then bank job is the best career option for you.

High salary

Bank jobs are considered as the best entry-level government jobs in India as it offers a high salary package. Probationary officer starting salary is approximately 4 lakhs per annum and the salary will also increase rapidly.

Highly respected job

To get a job in any government or central bank is not easy as lakhs of bank aspirants from all over India applies to get a bank job. Clearing bank exam in one go is not everyone’s cup of tea, but once you will clear the bank exam, you will be treated with high regards in society.

Great growth prospects

Bank jobs are highly beneficial for youths who are looking for huge career growth. As we said, every year thousands of job opportunities offered by all banks for various profiles such as probationary officers, clerks and so on. After completing his/her 4th year, one can expect a promotion and can reach a higher position in 10-15 years.

Holidays

Public bank sector is always advantageous to work because you will not just get a good salary and other perks but also get more holiday than other private sector banks. You will never miss any festival to celebrate with your family at home. Working in a public bank sector means you can maintain a balanced lifestyle.

So, if you are looking for a secured job with a good salary package then the bank job is great to make a successful career. By working in the bank sector, you will not just grow professionally but personally as well.

How to enter the world of Banking?

There are a number of ways through which you can gain a foothold in the banking world. Following are some of them:

• You can join private sector banks, which follow their own recruitment process and on a number of occasions, hire students through campus placements.
• The Public sector and government banks can be joined through entrance exams. 19 public sector banks accept IBPS scores. These banks are Allahabad Bank, Andhra Bank, Bank of Baroda, Bank of India, Bank of Maharashtra, Canara Bank, Central Bank of India, Corporation Bank, Dena Bank, Indian Bank, Indian Overseas Bank, Oriental Bank of Commerce, Punjab National Bank, Punjab & Sind Bank, Syndicate Bank, Union Bank of India, United Bank of India, UCO Bank and Vijaya Bank.
• State Bank of India conducts separate tests like SBI PO, SBI Clerical and so on for their selection procedure.
• In general, IBPS and other entrance exams for banks follow a similar pattern. These include sections on Reasoning, English Language, Quantitative Aptitude, General Awareness and Computer knowledge and a separate descriptive paper on English comprehension. Apart from these main areas, some test feature questions on topics such as managerial/clerical aptitude/office knowledge and some descriptive questions. On the basis of the scores obtained in the written examinations, candidates are called for interviews and some banks conduct personality assessment tests, such as group discussions, as a part of their entrance procedure.