- 1 Which is better, Bank PO Vs Bank Clerk?
- 1.1 What is the difference between bank PO and bank clerk?
- 1.2 Bank PO and Bank Clerk Eligibility Criteria
- 1.3 Bank PO and Bank Clerk Syllabus
- 1.4 Bank PO and Bank Clerk Selection Process
- 1.5 Bank PO and Bank Clerk Salaries
- 1.6 Bank PO and Bank Clerk Career Graph
- 1.7 Roles and responsibilities in Bank PO Vs Bank Clerk
- 1.8 Finally, which option is advantageous?
Which is better, Bank PO Vs Bank Clerk?
Several banking institutions hold national level tests to hire entry-level staff, such as the Bank PO Vs Bank Clerk. Both positions have a lot of space for advancement for hardworking workers. Both IBPS and SBI hold PO and Clerk Exams, taken by tens of thousands of applicants each year. There are minor distinctions between the tests. The main difference is that the clerical job is below the PO level, even though the exam pattern and eligibility requirements are identical. However, the potential for advancement in both positions is extraordinary.
What is the difference between bank PO and bank clerk?
The primary difference between a bank PO and a bank clerk is the grade, pay, and job responsibilities hierarchy. The PO is a higher-level rank than a clerk and serves as the boss of the clerical position.
Bank PO and Clerk also position with significant duties and career progression. Moreover, if you clear the clerical examination, you will have the opportunities to accelerate to the role of bank PO in a few years. However, it is undoubtedly desirable to be able to begin your banking career as a Bank PO pretty quickly.
Bank PO and Bank Clerk Eligibility Criteria
|SBI PO||SBI Clerk|
|Age Limit- 21 years to 30 years-There is some age relaxation for reserved categories, which you can find out more about in the SBI Notification.||Age Limit- 20 years to 28 years Age relaxation is available for reserved categories such as PWD, SC, ST, and so on, and you can find more details in the relevant SBI Notice.|
|Nationality – Citizenship of India||Nationality – Citizenship of India|
|Educational Qualification- Graduation Degree in any discipline from a recognized University or any equivalent qualification which is recognized by the Central Government.||Educational Qualification – Graduation Degree in any stream from a recognized University or any equivalent qualification which is recognized by the Central Government.|
|Number of attempts- General – 4, SC/ST- No limit, BC/ General (PWD)/ OBC (PWD)–7||Number of attempts – No bar to the number of attempts but should not have crossed the maximum age limit|
|IBPS PO||IBPS Clerk|
|Age Limit- 20 years to 30 years||Age Limit- 20 years to 28 years|
|Nationality- Citizenship of India||Nationality- Citizenship of India|
|Educational Qualification- Bachelor’s degree from a recognized University||Educational Qualification-Bachelor’s degree from a recognized University|
|There are no limits on the number of attempts you can make before you meet the legal age limit.||A number of attempts- There is no limit on the number of attempts you can make before you reach the age limit.|
|Qualifications required: minimum of 60% in the 12th grade and a bachelor’s degree from a recognised university. A diploma is not acceptable.||Bachelor’s degree from a recognised university is required.|
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Bank PO and Bank Clerk Syllabus
|SBI PO syllabus||SBI Clerk syllabus|
|IBPS PO syllabus||IBPS Clerk syllabus|
Bank PO and Bank Clerk Selection Process
Bank PO Selection process:
- For both SBI and IBPS PO, the first level is the prelims test. Both tests have a sectional cut-off and a time limit.
- Only all who qualify the prelims will be eligible to the mains. Typically, qualifying applicants from a list of 10 times the amount of vacancies open are chosen for the mains.
- They will be given a call letter for the interview and group discussion round if they meet the mains. There is no sectional cut-off in the mains for SBI & IBPS.
- The final exam merit list will be released after the interview, depending on the combined score secured in the mains and the interview.
Bank Clerk Selection process:
- Prelims are the first level of the bank clerk exam for SBI and IBPS.
- Those who qualify for the preliminary exams will be eligible for the mains. To be considered for mains, a minimum cut-off, as well as a sectional cut-off, must be obtained in prelims.
- In the case of SBI, after the merit list is released after the mains, eligible applicants must go through the third round of local language proficiency tests. In the case of IBPS, qualified candidates will be immediately recruited based on their ranking and preference list.
Bank PO and Bank Clerk Salaries
SBI Salary range offered
|SBI PO Salary||SBI Clerk Salary|
|Pay Scale – Rs. 27620/- Rs 42020/-||Pay Scale- Rs.13075/- Rs. 31540/-|
|Perks & Allowances – Dearness allowance, City Compensatory allowance, Leased house accommodation, Furniture allowance, Medical allowance, Travelling allowance, Petrol, Miscellaneous and Loan benefits||Perks & Allowances- Dearness allowance, House accommodation, Pension, Medical Insurance, and Provident Fund|
IBPS Salary range offered
|IBPS PO Salary||IBPS Clerk Salary|
|Pay Scale – Rs. 23700/- Rs 42020/-||Pay Scale- Rs.13075/- Rs. 31540/-|
|Perks & Allowances – Dearness allowance, City Compensatory Allowance, House rent allowance, and Special allowance||Perks & Allowances- Dearness allowance, House rent allowance, Medical Insurance, and Travelling allowance|
- When you compare the salaries and incentives of the bank PO and Clerk positions, it is clear that the bank PO job is a better place to start your career. It is more senior than a clerk, but it also comes with a slew of extra duties right from the start.
Bank PO and Bank Clerk Career Graph
|SBI PO||SBI Clerk||IBPS PO||IBPS Clerk|
|Assistant Manager||SBI PO||Scale I- probationary officer||Bank clerk|
|Deputy manager||SBI Senior Assistant||Scale II-Manager||Officer|
|Manager||SBI Special Assistant||Scale III- Senior Manager||Senior Officer|
|Chief manager||Senior Special Assistant||Scale IV- Chief Manager||Assistant Manager|
|Chief general manager||–||Scale V- Assistant General Manager||Manager|
|Deputy general manager||–||Scale VI- Deputy General manager||Senior Manager|
|General manager||–||Scale VII- General Manager||Chief Manager|
|Chief general manager||–||Executive Director||Assistant General Manager (AGM)|
|Deputy managing director||–||Chairman and Managing Director||Deputy General Manager (DGM)|
|Managing director||–||–||General Manager (GM)|
|Chairman||–||–||Executive Director (ED)|
|–||–||–||Chairman and Managing Director (CMD)|
Roles and responsibilities in Bank PO Vs Bank Clerk
Bank PO Roles and responsibilities
- The bank PO serves as a public relations officer and is required by almost every agency, including finance, accounting, communications, billing, and investments.
- They also handle the corporate and clerical work, as well as managing the everyday cash flow.
- They also handle all types of inter-departmental tasks.
- Regarding loan approvals, the bank PO must search, validate, and even conduct site visits.
- They have the authority to sign off on the issuing of a variety of vital papers.
Bank Clerk Roles and responsibilities
- The bank clerk is in charge of dealing with customers who are involved with some kind of banking activity.
- Customers’ questions about purchases must be answered by the bank clerk.
- Customers’ cheque balances and debt fees are also their responsibility.
- They are responsible for maintaining paperwork and ledgers, as well as balance tally, data entry, and other related activities.
- The Bank clerk must examine all types of documentation pertaining to proposals and applications to ensure that they are accurate, genuine, viable, and properly published.
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Finally, which option is advantageous?
Because of their comparison in terms of career development and work roles, candidates find it difficult to choose between bank clerk and bank PO positions. Here are a few of topics to think about:
- The first promotion for bank POs happens after two years, although the promotion for clerks takes longer.
- The entrance test for a Bank PO is more difficult than that of a bank clerk, and the appointment period is often longer.
- For someone in the banking industry, the SBI PO is seen as a more demanding role. SBI PO offers more opportunities and benefits.
- As opposed to an SBI Clerk, the starting pay plan for an SBI PO is slightly higher.
The key is to base your planning on one of the possible entry points into banking services. We wish you the best of luck in your upcoming efforts to join one of the most respected government agencies. Aspirants attempting any of these examinations should be aware that passing the bank PO exam is more difficult than passing the bank clerk exam. As a result, candidates should use appropriate exam planning tactics.
All the best and Stay tuned for more updates about exams.