Gonasainikhilreddy

What is the kind of salary a Bank Officer would get as a fresher?

Provide me right answer to query

by Gonasainikhilreddy
2 answers
| Share :

2 answers

RE: What is the kind of salary a Bank Officer would get as a fresher?

Prathamesh Kapote
Prathamesh Kapote
Verified Career Expert
Founder And Director At Canvas Career
  • Nasik

Hello Dear Friend,
Welcome to CareerGuide.com!!!
Thanks for approaching to us with your career query.

Very often i come across this question from the students who are aspiring to make career in Banking Field.

Banking sector is one of the growing sector in India. There has been a drastic change in the Banking System in the last 10-15 years.Earlier the banking system was completely based on manual system but with the age development there has been introduction of Technology in order to get the work done fast and steady and also give a relief to the Manual work. While there are many other various services provided by the Banks to the customers for the easy work processes;services like Mobile Banking,Internet Banking etc.

In order to provide these services very well bank needs a skilled human resource to complete these tasks. Eventually all this has led to the great career opportunities in the Banking Sector.
In order to get into Banking Sector one needs to give Institute of Banking Personal Selection i.e IBPS. In order to be eligible for this exam one must have completed the Graduation Degree in any stream and Engineering degree for some of the designations. While you have different designations to which you can apply like Clerk,Probationary Officer (PO),Specialist Officer.

While as an fresher the salary that is offered to the Bank Officer can be ranging around including the Basic Salary + Dearness Allowance+ Housing Rent Allowance etc. it goes around Rs.30,000 per month while you the salary increases as you give the internal exams of promotion and as per the CLASS I,II etc. the salary is increased.

I hope you find this information useful and helpful.

Wish you Good Luck

Feel Free to get in touch again for your queries.

Thank You

Warm Regards,
Prathamesh K.
Founder-CANVAS

RE: What is the kind of salary a Bank Officer would get as a fresher?

Dr. Anand Wadadekar, PhD
Dr. Anand Wadadekar, PhD
Verified Career Expert
Founder & CEO: Discovering Careers India
  • pune

Dear Aspirant,

You can become a Banking Officer in private banks and public sector banks.

Public sector banks conduct recruitment through IBPS (Institute of Banking Personnel Selection), which is under the Ministry of Finance and RBI. You can get employed in public sector banks by either appearing for Probationary Officers (PO), Specialist Officers (Experienced people) or Clerks. You can also apply for Grade A, B Officers post in RBI.

Private sector banks conduct their own entrance tests, interviews independently. For this education qualifications which are most demanded are CA, CS, CWA, MBA, CFA.

Salary offered to public sector employees depends on their position. For freshers PO get around Rs. 30,000 per month. For other positions it starts from Rs 15,000-20,000 per month.

Best wishes

In order to post replies to the question: "What is the kind of salary a Bank Officer would get as a fresher?"

Post Reply

Latest ANSWERS

hello, I want Media Management college's in India. so kindly give me details.

Check this out .. read more

what to do after 12 in hardware and networking

Hello There,  Before I could answer your query, I wish you had clearly mentioned which stream and whether you have Math as a subject. If yes, the .. read more

Private colleges in NCR offering MA in Psychology?

Check details given on this weblink .. read more

I want to appear for GMAT... and get admitted by this year to a good college in abroad and simultaneously i am also having my CA final exams ion may 2017...need help

Hello Upamanyu, Welcome to CareerGuide, As discussed, Go ahead with Gmat exams this year. An average score will also help you to make it into a good c .. read more
Most Popular

How is the typical day of a Tourist Guide/Manager ?

Tour guides work in the travel industry, giving guided tours to groups of visitors. They are experts on the history of the location and offer their to .. read more

What is the eligibility criteria to be a Geologist?

Someone who's interested and concerned with Earth's natural resources may want to look into a career as a geologist. Geologists study the Earth to gai .. read more

What should choose between Software developer and Bank PO

We can compare both by the following factors. 1. On the basis of Salary: Starting salary for Bank PO Job - 38,000 – 42,000 Starting salary for I .. read more

Top 10 MBA Colleges that don’t require CAT Score

1. XLRI Jamshedpur- XAT 2. JBIMS-MHCet 3. SP Jain- CAT or XAT 4. IIFT  5. NMIMS 6. SIBM- SNAP 7. XIMB- XAT 8. MICA- Ahmedabad 9. SCMHRD -SNAP 10. .. read more