Bank Jobs with the Highest Pay for which Freshers can Apply

Banking Sector is one sector which attracts young and brilliant minds to fulfill their dreams of becoming a government employee and enjoy the handsome salary and other perks. Lakhs of candidates apply for various posts namely: PO, Clerk. There are lots of benefits that are offered to a bank employee when he joins the banking sector like medical benefits, insurance, illness leaves and holidays, and retirement benefits. There is no stopping you when you get an entry into the banking sector. Most importantly, job security is one of the basic reasons to opt for the banking industry.

The only requirement for a career in banking for PO and Clerk recruitment is that the candidate must be a graduate from any stream. There is a long queue of people who want to get your seat in the competitive Banking world. The Bank Employee gets social prestige and gets treated in society with high regard.

The various Bank jobs for fresher to apply are:

Auditor in Banks

An accounting specialist and expert responsible for reviewing and analyzing the financial records of banks to ensure the authenticity, completeness, and compliance. The Certified Bank Auditors even work for Third-party while conducting bank audits. For a Bank to achieve excellence, an excellent chartered accountant who can form a brilliant financial system, ensure legal compliance and accounting procedure gets followed. All the major financial and accounting issues can be taken care of by the Auditors of Banking sectors. The chartered accountant must be good at skills relating to mathematical and computing, problem-solving, analytical, interpersonal and communication, negotiating, etc. If the applicant is applying for the private banks, they must have a Chartered Accountant degree (ICAI), and on the other side for government banks, they have to clear IBPS exams along with a CA degree. An average salary that can get offered to a chartered accountant is about INR 7 -12 Lacs per annum.

Probationary Officer in Bank

Bank Probation Officer is a reputed job in the field of the Banking sector. The basic responsibilities of a Bank Probation Officer (PO) include resolving various queries and conflicts prevailing in the banks, handling daily customer transactions, managing the cash transactions, drafting insurance, etc. It is the most lucrative job career in the banking field. It is an entry-level position, and after a few years, you get promoted as Assistant Manager. Bank Probation Officer (PO) expected to possess excellence in communication skills. They must have taken training in the fields of finance, marketing, and accounting. Bank PO gets mainly given through the IBPS exam and the SBI PO exams. An average salary paid to a Bank Probation Officer (PO) is about INR 3.6 Lacs per annum.

SBI PO 2020 Notification, Exam Dates, Syllabus, Exam Pattern & Cut-Off

IBPS Clerk 2020: Notification, Exam Dates, Eligibility Criteria, Selection Process

Bank Syllabus 2020- All Bank Exam Syllabus Here

The recruitment program for PO – Prelims + Mains + Interview

You would have to go online and check on the official website for

  • Online application form date
  • Last date for filing the application
  • Commencing date for the prelims with the E-admit card
  • Prelim result
  • Admit card for the main exam
  • Main exam date
  • Main exam result
  • Admit card for the interview
  • Conducting group exercises and interview
  • Declaration of the final result

Prelim exam pattern

  • The English language has 30 questions for 30 marks
  • The numerical ability has 35 questions for 35 marks
  • The reasoning ability has 35 questions for 35 marks

The candidate will answer for 100 marks in an hour

Main exam pattern

  • Reasoning and Computer Aptitude has 45 questions of 60 marks conducted for 60 minutes
  • Data analysis and interpretation has 35 questions of 60 marks held for 45 minutes
  • General Knowledge/Economy/Banking awareness has 40 questions of 40 marks  held for 35 minutes
  • The English language has 35 questions of 40 marks held for 40 minutes

The candidate will have to answer for 200 marks

A descriptive test of 30 minutes of the English language will get conducted for 50 marks, which would include letter writing and essay.

Finally, there is an interview with the group exercises that the candidate has to get through to secure the post.

RBI Grade B Officer

The duties of the officer would include will managing the team and operations of the department is posted. He/ she would be trained by the RBI directly so that they could become capable future leaders of RBI. They will be into banking regulation and supervision, Financial Inclusion, Forex management, Currency management, Debt management, and other tasks. You will also get the best pay in the banking sector, the grade B officer level. The salary for the financial year 2019, the gross monthly pay for a grade B officer would be Rs.77,208/-(it would vary according to the posting and deduction of tax, PF others). You can look up online for the RBI Grade B recruitment notification, and there will be an online examination for the same, which would get conducted in two phases and interviews.

RBI Grade B exam pattern- Prelims + Mains + Interview

You can check the official website for the pattern and exam dates

  • Information regarding the date of applying
  • Information regarding registering the application
  • Payment and intimation charges

RBI Grade B 2020: Notification, Eligibility Criteria, Selection Procedure, Syllabus, Result

Grade B officer exams will have two-phase exams

  • Phase -1 will consist of online examination which is objective type
  • General awareness of 80 questions for 80 marks held for 25 minutes
  • The reasoning of 60 questions for 60 marks held for 45 minutes
  • English language of 30 questions for 30 marks held for 25 minutes
  • The quantitative aptitude of 30 questions of 30 marks held for 25 minutes

The candidate gets to answer a total of 200 marks objective type questions. A separate time will get allotted for each of the above tests. A total of minimum marks for each paper has to be secured by the candidate to pass the exam. 

  • Phase -2 will also be an online examination
  • Paper-1 is of economic and social issues, which also is an objective type for 100 marks held for 90 minutes.
  • Paper-2 is English writing skills wherein descriptive answers get written for 100 marks held for 90 minutes
  • Paper3 is finance and management is of objective type for 100 marks and held for 90 minutes

The candidate clearing all the phases will get shortlisted for the interview. The interview will consist of 50 marks, which can either be in Hindi or English.

IT Officers and Other Specialist Offers

IT officers are appointed to take of the data center and the core banking applications. They have maintained and support the data center 24/7 and prevent any malfunction or rectify it immediately. They would have to apply for the IBPS SO exam. The Gross Salary for Specialist Officer can range between Rs. 38000-39000 per month. The salary begins with the basic pay of Rs.23,700+other benefits such as dearness allowance, HRA+ Special allowance, etc. IBPS conducts the recruitment exam for specialist officers every year for the post of HR, IT, Marketing, Law and Rajbhasha Adhikari.

IBPS SO 2020: Check Notification, Exam Dates, Syllabus, Exam Pattern, Cut-off, Result

Check IBPS Exam dates 2020-21:

Exams Preliminary Mains
IBPS PO 03.10.2020
04.10.2020
10.10.2020
28.11.2020
IBPS Clerk 12.12.2020
13.12.2020
19.12.2020
24.01.2021
IBPS RRB PO/Clerk 01.08.2020, 02.08.2020, 08.08.2020, 09.08.2020,
16.08.2020
Officer Scale I : 13.09.2020
Office Assistants : 19.09.2020
Scale-II and III 13.09.2020 (Single examination)
IBPS SO 26.12.2020
27.12.2020
30.01.2021

Know Your Targeted Bank Job Exam

It is very important that every student should set his target clearly and then prepare for the exam according to its deadline. The following are details of some major ongoing and upcoming recruitment exams:

Recruitment Exams Date Study Material
SBI Clerk Mains postponed new date not declared Click Here
RBI Assistant Mains postponed new date not declared Click Here
SEBI Officer Grade A Phase-1: 4 July 2020 Click Here
SBI PO 2020 notification expected to be released Click Here
IBPS PO 2020 Prelims- 3 October 2020 Click Here
RBI Grade B 2020 notification expected to be released Click Here
IBPS Clerk 2020 Prelims- 12 December Click Here
IBPS RRB PO and Clerk 2020 Prelims- 1 August 2020 Click Here
UPSC EPFO Enforcement Officer 2020 tentative- 4 October 2020 Click Here

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SBI PO 2020 IBPS PO 2020 SBI Clerk 2020 IBPS Clerk 2020
RBI Grade B 2020 RBI Assistant 2020 LIC AAO & AE SEBI Grade A 2020