What is Probationary Officer (PO) in Banking Sector
More than 85,000 officers and
staff members of PSU Banks will retire in then next two years, making way for
many bank aspirants to realise their dream. .
These 80,000 vacancies are
expected to open at top public sector banks in the country, like SBI and PNB as
large number of officers will retire in next 2 years. This is a golden
opportunity for the unemployed and also for the aspirants of the banking jobs.
As the number of Youth aspiring for the lucrative profile of PO
jobs in banking sector is increasing year by year, the competition to crack the
Probationary Officer Exam is getting more difficult. To excel in your
preparation and to give a final touch to your preparations, you should try to
know maximum about the profile of the Probationary Officers in Banks.
PO is the most attractive post as it enables the aspirants to
directly serve as at officer Rank in Banking Industry. It’s the first step to
enter the banking sector and serve as an Officer. We are sometimes very sad to
see that most of the aspirants have no idea about the job and profile of the
Probationary Officer in Banks, so here are we to help you out and bring more
clarity.
Designations of Probationary Officers
A PO in banks join as the Junior
Management Grade - 1 officer (JMG-Scale 1), and the designation is of an
Assistant Manager (AM). He is often referred to as Scale 1 Officer.
Initial Posting of Probationary Officers (PO)
A probationary officer (PO) has to go
through Induction training Programmes in Management Training Academics of the
particular bank he is selected in. The training usually lasts for around 15-20
days. After training in Management
Training Academies asa PO, he can be posted anywhere across India, as the
service of Government Bank Officer is All India Based Service.
A PO is usually posted as an AM
(Assistant Manager) on probation in any branch of the bank across India. It can
be the Head Office, Zonal Office or Corporate Office.
How Long is the Probation Period??
The normal probation period is
of Two Years. During this period, the officer is exposed to different bank
related words. In some banks, the duration period is also of 1 year.
The officers or probationers may undergo frequent transfers or
deputations during the probation period. After the completion of the probation
period, the PO is confirmed as an Assistant Manager and gets his permanent
posting. Police verification is done before confirmation through local police
station of SSP Office.
Some banks also place officers as Deputy Managers directly, just
after confirmation, provided they pass the test conducted by the bank.
For example:State
Bank of India conducts a confirmation exam. If a probationary officer passes
the exam, he is confirmed as an Assistant Manager. In fact, State Bank of India
even gives a chance for promotion to Scale II to candidates who perform
exceptionally well in the exam. Other Nationalized Banks do not conduct exams
for confirmation.
