Job Profile of a Bank PO: Roles and Responsibilities

Friday 21 September 2018

If you clear the bank PO exams, it is necessary to know your job profile. After selection you have to work as a Probationary Officer for 2 years (may vary from bank to bank). After the completion of probation period you will be designated as Assistant Manager or Scale-1 officer in your bank.

Training

An induction training program has been conducted by every bank. The training period varies from 10 to 20 days from bank to bank. The candidate will be trained in the Training Academies of the bank. After completion of their training program a PO can be posted anywhere in India. They can be posts as Asst. Manager on probation in different branches. The probation period varies from 1-2 year.

Probation Period

During probation a candidate is exposed to various banking aspects such as General Banking, Finance, Loans, Cash Management and Marketing etc. Nowadays PO may have to work on the front desks. A PO might get frequent transfers so he can gain more knowledge of different kind of working areas. Let’s discuss the main working areas of a probationary officer:

  1. General Banking: PO are trained to perform day to day banking activities, which helps them to get familiar with the working procedures of the bank
  2. Loan Processing: Loan processing is a very important activity of bank. PO must have a proper knowledge of loan processing and documentation. He supervises the loan transactions and other loan related issues.
  3. Supervision of Clerical Work: All the clerical work like Account opening, Cash management and customers dealing are done under the supervision of probationary officers.
  4. Customer Services:  Handling customer’s complaints, issuing DD’s cheques, Atm cards, guiding the customers, providing Internet Banking and telling the new services provided by the bank to the customers.
  5. Office Work: A Po also have to supervise the office work such as Inventory management, postage, file handling, vouchers handling etc.

 

Post Probation Period

After Probation period a PO will be designated as Assistant Manager / Deputy Manager. In some banks PO have to go through a confirmation test. SBI offers a promotion to Scale II if a candidate performs well in the confirmation test.

Salary

A bank PO gets a basic salary of Rs 23,700. DA, HRA, Medical Allowance will be added to the basic salary, which differs from bank to bank and location of posting.

A gross salary of a Bank Po is 36000-39000 depending on your bank and location of posting. An additional house rent lease is also given which varies from 7500-20000 depending on the location of posting. In metro cities like Delhi, Mumbai it will be Rs. 20000.

More Post

Latest Current Affaris

Current affairs 05/06/2019
Current affairs 05/06/2019

1). Comptroller and auditor general Rajiv Mehrishi has been appointed as the external auditors of World Health Organisation (WHO) for a four year term from 2020-23. 2).World Environment Day is observed on 5 June(Theme: The Air Pollution). 3). Madhya Pradesh cabinet has passed a resolution to increase reservation of OBC's 27%.

करंट अफेयर्स 03-04/06/2019
करंट अफेयर्स 03-04/06/2019

1. नयब बुकेले को ईआई सल्वाडोर के राष्ट्रपति के रूप में चुना गया है। (ईआई सल्वाडोर की राजधानी: सैन सल्वाडोर, मुद्रा: संयुक्त राज्य अमेरिका डॉलर) 2. राष्ट्रीय सुरक्षा सलाहकार (NSA) अजीत डोभाल की दोबारा अपने पद पर नियुक्ति हुई। NDA सरकार के दूसरे कार्यकाल में उन्हें कैबिनेट रैंक दिया गया है। 3. 3 जून को विश्व साइकिल दिवस मनाया जाता है।

Current affairs 03-04/06/2019
Current affairs 03-04/06/2019

1. Nyaib Bukele has been Sworn in as the president of  EI Salvador ( EI Salvador's capital: San Salvador, currency: United States Dollar). 2. National Security Advisor (NSA) Ajit Doval reappointed to his post and given Cabinet rank in the second term of the NDA government. 3. World Bicycle Day is observed on 3rd June .