Bank PO vs Bank Clerk - Which is Better?

Bank Exams are one of the most popular government exams these days. The reason is the lucrative career options offered by the banking domain.

The opportunities of this banking domain are for all stream of candidates which makes it even more desirable amongst the aspirants.

The perks, allowances are also a few of the major attractive reasons along with the handsome salary being provided with the designation in the banking domain.

Candidates willing to know in detail about the two significant bank posts for which recruitment is conducted annually can refer to the links given below:

The banking sector in India is responsible for generating a major part of employment in the country. For candidates who are new to the banking domain, may wish to know that which among the Bank clerk exam and bank PO exam is better.

Candidates shall get an answer to this question in this article as the article gives a comparative analysis between the bank clerk exam and the bank PO exam. Aspirants must make a wise choice and then decide to choose which cadre of job do they which to join.

But the issue lies in choosing the right option in this banking domain as many posts are being offered.

A few of the choicest options are with respect to the bank exams are Bank PO, SO and Clerk. But aspirants usually find it tough to make a choice between PO and Clerk.

This article gives all relevant information related to PO and Clerk post, which would help the aspirants choose between these posts.

Candidates can refer to the links related to the Bank PO & Bank Clerk Exam:

IBPS PO Exam IBPS Clerk Exam
IBPS RRB PO Exam IBPS RRB Clerk Exam
SBI Clerk Exam SBI PO Exam

Difference between Bank PO and Clerk

The differences between the post of Bank PO and Clerk are listed below:

Name of the Conducting Body

The conducting body for both these exams can be any of the following:

IBPS – Institute of Banking Personnel Selection

SBI – State Bank of India

Bank PO Eligibility vs Bank Eligibility

The eligibility criteria for both these posts have certain similarities and differences.

The eligibility details are listed below:

IBPS PO IBPS Clerk
Age Limit- 20 years to 30 years Age Limit- 20 years to 28 years
Nationality-

  • Citizenship of India
  • Subjects of Nepal or Bhutan
  • Tibetan Refugee who arrived prior to 1 January 1962
  • A person of Indian origin migrated from Sri Lanka, Pakistan, Burma(Myanmar), Vietnam or East African countries of the United Republic of Tanzania, Uganda, Kenya, Malawi, Zambia, Zaire or Ethiopia to permanently settle in India
Nationality-

  • Citizenship of India
  • Subjects of Nepal or Bhutan
  • Tibetan Refugee who arrived prior to 1 January 1962
  • A person of Indian origin migrated from Sri Lanka, Pakistan, Burma(Myanmar), Vietnam or East African countries of the United Republic of Tanzania, Uganda, Kenya, Malawi, Zambia, Zaire or Ethiopia to permanently settle in India
Educational Qualification-

Bachelor’s degree from a recognized University

Educational Qualification-

Bachelor’s degree from a recognized University

Check IBPS PO Eligibility criteria for complete details Check IBPS Clerk Eligibility criteria for complete details.

The table given below distinguishes between the SBI PO and SBI Bank Clerk exam in terms of the eligibility criteria to apply for the two exams.

SBI PO SBI Clerk
Age Limit- 21 years to 30 years Age Limit- 20 years to 28 years
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
  • OBC/ General (PWD)/ OBC (PWD) – 7
Number of attempts-

No bar to the number of attempts but should not have crossed the maximum age limit

Check SBI PO Eligibility criteria for complete details Check SBI Clerk Eligibility criteria for complete details.

Bank PO syllabus vs Bank Clerk syllabus

The IBPS PO syllabus has the following topics for Prelims and Mains Exams:

IBPS PO syllabus IBPS Clerk syllabus
Prelims:

  • English
  • Quantitative Aptitude
  • Reasoning Ability
Prelims:

  • English Language
  • Reasoning Ability
  • Numerical Ability
Mains:

  • Computer Aptitude
  • Banking Awareness
  • English language
  • Data Analysis & Interpretation
Mains:

  • General and Financial Awareness
  • General English
  • Reasoning Ability and Computer Aptitude
  • Quantitative Aptitude
For complete details on IBPS PO syllabus, check the linked article. For complete details on IBPS Clerk syllabus, check the linked article.

Candidates looking forward to apply for other banking sector exams can check the detailed section-wise bank exam syllabus at the linked article.

The SBI PO syllabus and SBI Clerk syllabus listed below:

SBI PO syllabus SBI Clerk syllabus
Prelims:

  • Quantitative Aptitude
  • Reasoning Ability
  • English Language
Prelims:

  • Quantitative Aptitude
  • Reasoning Ability
  • English Language
Mains:

  • Data Analysis & Interpretation
  • Reasoning & Computer Aptitude
  • General/Economy/Banking Awareness
  • English Language
Mains:

  • English Language
  • Quantitative Aptitude
  • Reasoning Ability
  • General Awareness
For complete details on SBI PO syllabus, check the linked article. For complete details on SBI Clerk syllabus, check the linked article.

Bank PO salary vs Bank Clerk salary

The IBPS PO and IBPS Clerk salary vary in many aspects.

The details related to the same are given below:

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
  • Special allowance
Perks & Allowances

  • Dearness allowance
  • House rent allowance
  • Medical Insurance
  • Travelling allowance
For complete details on IBPS PO salary, check the linked article. For complete details on IBPS Clerk salary, check the linked article.

The details of SBI PO and SBI Clerk salary are given below:

IBPS PO salary IBPS 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
  • Loan benefits
Perks & Allowances

  • Dearness allowance
  • House accommodation
  • Pension
  • Medical Insurance
  • Provident Fund
For complete details on SBI PO salary, check the linked article. For complete details on SBI Clerk salary, check the linked article.

For detailed Bank PO salary for both Private and Public sector Banks, candidates can visit the linked article.

Candidates can know the bank salary range at the linked article. This will help aspirants for both Bank PO and Bank Clerk Exam to know the difference between the salary range of a clerk and a Probationary Officer.

Roles and responsibilities

The role and responsibilities of each of these positions vary a lot in almost every aspect

Bank PO

The major task of a bank PO is to look after almost every department related to finance, accounting, marketing, billing, and investments.

A Bank PO has to take care of various other responsibilities like:

  • Work as a Public relation Officer
  • Daily cash flow and business supervision
  • Check inter-departmental work
  • Check loan related documents
  • Authorize issuance of various important documentation

Aspirants who are starting their Probationary Officer exam preparation can check the Bank PO Question Papers at the linked article.

Bank Clerk

The various responsibilities of a bank clerk are given below:

  • Handle customers with respect to transactions through a bank.
  • Handle and resolve customers’ inquiries on transactions.
  • Checks deposits and loan payments from bank customers.
  • Update all deposits and payments data into the bank’s computer systems.
  • Assist the administrative department in their job.

Career Growth and Promotion- Bank PO vs Bank Clerk

Aspirants trying for bank PO or bank Clerk should be aware of the fact that Probation officers are entitled to a lot more opportunities as far as promotion and growth are concerned.

One of the most important reasons that candidates get attracted towards the banking sector is the scope for growth and promotion. Once a person gets employed in any bank as an Officer or Bank Clerk, there are various opportunities for him or her to grow and get promoted to higher posts during their course of work.

Bank PO promotion usually happens within a period of 2 years while in the case of bank clerk it takes a little longer to get a promotion from one post to the other.

Click the linked article to read on about Bank PO vs IT Jobs – Which is a better career option.

Candidates preparing for the bank PO or the Bank Clerk exam can refer to the below-mentioned links to prepare for the upcoming bank exams 2022:

IBPS PO Previous Year Question Paper IBPS Clerk Mock Test SBI PO Mock Test
IBPS RRB Mock Test Online Quiz SBI Clerk Previous Year Question Paper

Bank PO promotion with respect to the designation is given below:

  • Probation Officer
  • Assistant Manager
  • Deputy Manager
  • Manager
  • Chief Manager
  • Chief General Manager
  • Deputy Managing Director
  • Managing Director
  • Chairman

Posts to which an employee can get promoted to, over a period of time, once he or she qualifies the Bank Clerk Exam is given below:

  • Scale 1 – Officer / Assistant Manager
  • Scale 2 – Manager
  • Scale 3 – Senior Manager
  • Scale 4 – Chief Manager
  • Scale 5 – Asst. General Manager
  • Scale 6 – Deputy General Manager
  • Scale 7 – General Manager.

Aspirants trying for either of these exams should know that clearing the bank PO exam is relatively tougher than the bank clerk exam. Therefore, candidates should make use of proper preparation strategies for these exams.

Daily News

Comments

Leave a Comment

Your Mobile number and Email id will not be published.

*

*