Are The Best Career Opportunities Available In Banking Sector only?

India, the developing country and based on the aspect of the youth population is now facing the problem of unemployment. Most of the educated and well qualified young people are looking forward for a better and secured career. Obviously, the government jobs seem to be the best suitable job and the first target of most of the people. Today, after the government jobs, the most preferred and secured job is said to the Bank job and that too include in the government banks. To know more about the careers in banking sector you need to read on below…

Are there best and huge opportunities in Banking sector?

 Yes, there are plenty of opportunities for banking jobs in India. The banking sector is experiencing a good growth recently and it is said to be an evergreen career further too. Moreover, the recent norms set by RBI like Financial Inclusion have contributed much to the good number of job openings in banks. The surveys reveal that around 25 lakhs new jobs are going to be filled in a very few years.

Which bank to choose?

There are a number of banks in India and obviously one may get a doubt that what bank is chosen. State Bank of India has emerged as the banking legend with the highest number of branches, the highest value of deposits etc. The job in the SBI ensures the excellent career to a job seeker. After the SBI, one can choose the Nationalized Banks as the next best option just because in all from these jobs we can expect a good salary and security as well.

Types of jobs

The bank jobs can be mainly classified into 3 categories. They are-

  1. Clerical Cadre
  2. Probationary Officer and
  3. Specialist Officer

Banks issue a separate notification for each of the above jobs, the pay and status will depends upon the job.

Examination Process

The examination pattern is basically divided into 2 or 3 parts and they are-

  1. Written Test
  2. GD
  3. Interview

Based on the performance in the written test candidates will be called on for the interview.

The examination will be conducted by “Institute of Banking Personnel Selection for all the nationalized banks except for the SBI. SBI has its own examination conducting cell to conduct exams.

Why students going crazy for bank jobs?

Many candidates are focusing to make bright career in banking sector as there are many advantages if one gets an opportunity to enter in banking stream. Some of those include:

  • Secured career as banks are equal to Central government organizations monitored by RBI.
  • Simple timings i.e., 10 AM to 4 PM during working days and 10 AM to 2 PM during weekends.
  • Liable to enjoy all the public holidays.
  • Best ambiance and working environment.
  • Best salary offered by the banks
  • Permanent job
  • A good scope of career development and promotion
  • Best perks like low cost loans, higher rates on deposits and many more

Preparation Method

The exams mainly focus on topics given below:

  1. Reasoning
  2. Mathematical Ability
  3. Vocabulary and English Grammar
  4. Comprehension capabilities
  5. Descriptive writing based on job selected

It is not really a tough task to get a bank job. One can easily get a good job if he/ she strives hard in a systematic order with the finest guidance.

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