Bank Clerk Vs Bank PO: Banking jobs are the most popular career options in India. Both the Bank Clerk and Bank PO exams attract lakhs of graduates every year. These roles offer excellent pay, stability, and job security. But they vary in terms of responsibility and promotion hierarchy. Candidates often ask which is better: Clerk or Bank PO? Comparing these roles in terms of salary, promotions, and stress is crucial. It will help you choose a rewarding banking career. Read on to know which role is better in terms of salary, promotion, and stress level.
Bank Clerk or Bank PO: Which is Better?
Choosing between a Bank Clerk and a Bank PO can be challenging for banking aspirants. The clerk handles customer interactions and accounts. While the PO are assigned managerial duties. Knowing the key differences can help you make the choice that suits your career goals.
Bank Clerk Vs Bank PO: Overview
Take a look at the quick overview of the roles and responsibilities of a bank clerk and a bank PO shared below
| Bank Clerk | They are mainly responsible for handling customers in the bank. They need to perform all the assigned tasks. This includes financial transactions, account-related processes, and customer guidance. It is ideal for those seeking a decent-paying job and a comfortable lifestyle. |
| Bank Probationary Officer (PO) | It is the first step towards managerial roles. Probationary officers receive training after joining the post. They are assigned duties like managing accounts, guiding clerks, and sanctioning loans. They need to ensure that branch operations are functioning well. It is an ideal job for those who are ambitious and can handle challenges. |
Bank Clerk Vs PO: Salary Comparison
Comparing the salary of a bank Clerk and a PO to arrive at the right decision. Both roles offer decent pay and allowances. Check below the salary comparison of a Bank clerk and PO:
| Bank Clerk Salary | The salary of the bank clerk is quite attractive. Their monthly income is calculated after adding basic pay and allowances. It is further deducted from taxes, PF, etc. Basic Pay (SBI, IBPS): INR 24050 per month. Net Salary: Around INR 37,000-INR 39,000 per month (including allowances) Allowances: DA, HRA, TA, Special allowances, etc. |
| Bank PO Salary | Bank PO draws lakhs of aspirants due to the hefty pay cheque. The roles come with attractive allowances and post-retirement facilities. Basic Pay (SBI, IBPS): INR 48480 per month Net Salary: Around INR 76000-INR 80000 per month (including allowances) Allowances: DA, HRA, learning allowances, special allowances, etc. |
Bank Clerk Vs Bank PO: Promotion and Career Growth
The promotion and career path are different for a bank clerk and a PO. Let’s understand the key differences for clarity purposes.
| Bank Clerk | There are enormous career growth opportunities for bank clerks. But the promotion works through two modes. After 3 years of service, clerks need to clear internal promotional exams to become a Trainee officer. Based on year of service and work performance, an SBI clerk can be promoted to the following ranks:
|
| Bank PO | The career growth of a Bank PO is faster compared to the clerk post. They are promoted to higher posts based on their good work performance, seniority, and other factors. The promotion hierarchy of a Bank Probationary Officer is as follows:
|
Bank Clerk Vs PO: Work Pressure and Stress Level
The stress and workload differ for a bank clerk and a PO. Learn the differences to know which role suits you better.
| Bank Clerk Work Pressure & Stress | The clerical job is usually less stressful. The working hours are fixed with minimal overtime. It ensures a better work-life balance. |
| Bank PO Work Pressure & Stress | This role comes with higher responsibility and immense work pressure. POs may sometimes have to extend their working hours. They face stress but gain rich experience. |
Comments
All Comments (0)
Join the conversation