Every year lakhs of candidates are appearing for banking competitive examination applying for clerks, probationary officers and specialist officer posts in the various nationalised banks across the country. For the last two decades the number of recruitments has increased due to the staggering increase in the overall banking business in the country. With the advancement of technology, modern internet oriented banking; Core Banking Solutions (CBS) and linking rural India through banks has resulted in increased number of banks in the country. As a result of increased number of banks, consequently there has been a demand of workforce to attend to these banks. The banking sector has recruited thousands of candidates in the country in the last decade and is continuing to do so every year. Due to the job security, good pay structure and social recognition, lakhs of candidates are vying for opportunities in banking sector. Amidst the financial meltdown and layoffs in private sector, banking sector has emerged as a clear winner in the last decade. The candidates are feeling safe to join banking industry, though having higher qualifications from required. Engineers, candidates having MBA degree and more qualified candidates from every field are taking up these banking examinations to get a secure job and thus the number of candidates applying for the competitive examinations is going up by every year. The concerned recruitment authority is also changing the examination pattern to select deserving candidates among huge lot.
Advice for over-qualified candidates
• Get acquainted with the lower salary: By having higher qualifications such as Engineering, MBA and other Post Graduate courses you have the prospect of landing up into a more paying and respectable position than bank clerks. Though, if the candidates are planning for applying at the IBPS PO examination, it would be wiser in their part because of the salary associated with it.
• Present yourself wisely in the interview: Do don’t brag about your over qualification in the personal interview round of banking recruitment as that could go against your selection, rather than helping you. The panel of interviewers already has a chance to grill you about your intentions of joining in a post for which you are over-qualified. Thus the candidates must remain balanced while presenting themselves in the interview and convince the panel on your requirement of the job.
• Make your point clear in the interview: The over qualified candidates must be true to the panel of interviewers and tell them on which grounds they have decided to apply for the banking job. If they have left a job or are not satisfied with the job, they should mention the same to the concerned authority and state their interest to join the banking industry.
• Show your intent on working for the bank: Do not make the interview panel feel, that you might get bored by the kind of job you have to do in the bank and ultimately you would leave the bank job. It is your duty to make them trust you, that you would become integral part of the bank you would work for and serve for the bank. Though there is no bond or agreement of service for the recent banking recruits, the candidates need to undergo 6 months to 2 years’ probation period, depending on the posts. Candidates cannot leave their job during the probation period and produce a leave notice, three months earlier to the bank after their probation period gets over if they are planning to leave the job.
• Get your NOC from previous company before Bank Interview: If you are already working in any company and have applied for IBPS PO job, then before the interview round, you should get your No Objection Certificate (NOC) from the company you are working presently. The over qualified candidates who have just left their jobs, must produce NOC to appear for the interview round and get the opportunity to work for the bank.