Role of Probationary Officers in Banks – Quick Guide


role of po in banks,probationary officer jobs,po bank jobs in indiaProbationary Officer is one of the post regularly advertised for bank recruitments, but many candidates do not know the work involved or the exact meaning of PO.One of our readers had asked a question regarding the role of probationary officer in banks.

 

Hence we felt it would be better to analyze the job profile in detail, enabling freshers to understand the position better before applying for upcoming bank exams.So, what are the functions of a Probationary Officer in bank ?

 

Probationary Officer is the first entry point for a job in bank, especially to fresh graduates & those without prior experience.The PO will report to their immediate senior officer,who will closely monitor & evaluate the performance of him/her for a certain period.

 

While on job, Probationary officers will have to take up assignments given by their managers.Along with training,they will also be deployed across various departments of the bank to gain exposure in operations & working of bank.So,in short,the PO must be willing to take up any work during the probation period in order to understand the process effectively & to scale greater heights and reach higher positions.


Probation period : Normally,the probation period for PO`s will be for 2 years.The probation period can also considered as the learning phase. Hence it is extremely important to be in good conduct,during probation.Banks have the right to terminate the employee during the probation,if he/she does not fit the position.

 

Salary: The payscale for probationary officers ranges between Rs.10,000 - 18,240. Depending on the post & grade after successful completion of probation,the pay scale may increase.An increase in salary for bank employees has been approved recently


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12 comments:

chetan said...

hello sir,
plz give the details about the role of clerk also as soon as possible..

KYLE said...

Hello Sir,
Kindly publish same details for clerks as well..That will be much useful..
Thanks in advance

Anonymous said...

1. Clerks maintain the accounts, also, sometimes perform cash handling.
2. Yes, POs get salary while in probation. Any other questions, post here.

Anonymous said...

Hi,
Can you please mention the name of banks which do not conduct Group Discussion in the recruitment?

arjunstalin said...

this website helps out people who prepare for bnak exams, be it clerica or be it POs....thanks for the info.

PO123 said...

this article is a nice attempt to sum up the role of a PO, but fails to specify much. i am currently working in State Bank Group as a PO and here's what i would like to share with all aspirants:

1.the main areas of banking are: deposits and advances...u will start with deposits..stuff like how to create CIF, various types of accounts such as savings, current, recurring and various type of term deposits..each bank uses a particular banking software (B@ncs24 in SBGroup)...u have to learn how to use that well...

2. then comes advances..classified as P-segment, SME and C&I. P segment is what consists of retail loans to individuals for various purposes such as housing, education, car etc etc,,you start with that...how to assess loan applications, interview applicants and the sanction and disbursal procedures..SME and C&I refers to all loans for purposes other than consumption...Small and Medium Enterprises and Corporate & Institutional loans are the crux of modern banking...hope i did not bore you guys..in all you will learn many aspects in 2 years..locker management, ATM mgt, cash drawer ops, cross selling just to name a few...cheers...

jai said...

jai said ....

i have recently joined as an po in a nationalized bank in mumbai ....

even if u don't know the basics of banking,u can work easily....
difference between work of po and clerk...
at a given time,a po handles a number of departments whereas a clerk handles a specific department for specific amount of time.

yes u'll get salary alongwith perks if any ,from the bank u are joining..although leaves will be limited and no loan facility till the time of completion of probation.
nationalized banks don't conduct gd..sbi and it's associates does though...

BankExamsIndia.com said...

PO123, The work you mentioned would be covered under the training phase conducted by every bank.We have only listed the common works that would be carried out by PO in banks.It is not possible to details specifics, as each bank is different.Anyways, thanks for your insider details of SBI.

PO123 said...

i did not mean to be negative abt this article at all...just wanted to share what i have experienced as a PO....i dunno how many people come back to this site after getting to top banks such as SBI, RBI etc...but i owe a lot to the inputs provided by bankexamsindia for my success and hence want to share my experiences with other aspirants...i see a lot of people in here are asking abt salary...yes u will get basic+da+cca+hra...in JM-I the salary is not very attractive, but use the PO period to learn well..that is the quickest way to the next higher payscale!

nyna said...

hai po123 .. ur article fr po role at bank is very gud.. thank fr tat.
i'm applyng fr bank jobs. would like ur suggest on hw to mange time while gvng xams.. thanks in advance

Anonymous said...

Hi PO123,

Your detail explanation really helped us to clear lot of basic but useful doubt .Currently i am working in a reputed software company as a software engineer ,having 2 years of experience .But i am thinking to switch to the banking area .So this experience will help me in what extent ,can you clear on that ? And please suggest me whether its a right decision or not because i didnt have any experience here .Hope you will manage sometime as before to answer this doubt.

Anonymous said...

Hi PO123,

your explanation is nice with so many fans & useful. I am preparing for the bank jobs.

can u suggest me :
1) what is the difference between SBI Job role and other banks job roles. why they are not joining under IBPS exam. why that bank only separately conducting exams for their bank only. what are the advantages & disadvantages of the sbi comparing with other banks(all). And also few other bank employees resign their current job, role & join in the SBI bank. why that much crazy for SBI? what benefits?.

I am waiting for ur reply.

Regards,
V. Praveen Kumar