How To Ace The SBI PO Exam And Start Your SBI Career In 2021
Learn about the exceptional benefits of SBI careers and get study tips to ace the SBI PO exam and start your SBI career in 2021.
According to the SBI careers official website, the State Bank of India, an institution with a history of over 200 years, stands as the proxy for the Indian Economy.
As the biggest bank in India, State Bank Of India jobs offer you the chance to work for a Fortune 500 organisation that is also one of the most valuable brands in India.
10 exceptional benefits of SBI careers
There are many reasons why many young Indians dream of State Bank Of India careers. Here are some of them:
#1. Job security
As a nationalized bank, the SBI is a government-owned organization and is not likely to ever become a private bank. SBI careers are essentially government jobs, with all the job security, benefits, and perks they entail.
#2. Be a nation builder
To a great extent, India’s financial status depends on the SBI, as it serves the needs of Indian economic development through rural development initiatives and microcredit programs.
SBI also finances major agricultural and industrial projects and raises loans for the government. SBI jobs make you a nation builder, as you’ll make decisions and implement policies that have a huge impact, a fact that evokes a sense of pride in itself.
#3. Great work culture
SBI bank careers attract the best banking talent in the country, thanks to their strong employee-centric approach.
SBI’s employee onboarding initiative, called ‘Pravesh Samaroh,’ helps new employees integrate with the SBI culture and values and create a sense of belonging in the Bank.
From the first day itself, new employees are welcomed at airports and stations and given a welcome kit with all the relevant information they need to know on SBI’s service conditions, perks, benefits, and rewards.
As part of the relationship-building process, they are also welcomed into their branch office in a grand manner, assigned a ‘buddy’ colleague for guidance, and taken for informal lunch sessions with seniors for bonding.
#4. Grow as an individual
SBI bank jobs will spur your professional and personal growth, as the State Bank of India has a culture that encourages performance-based growth.
You’ll be assigned to tackle complex business problems and will build empathy as you meet new people every day and learn from their experiences.
SBI jobs are not mundane 9 to 5 jobs but will pull you into a dynamic, fast-paced work environment where you’ll be challenged every day to push your boundaries. As you discover your passions, you can chart your own career path.
#5. Fulfill your travel aspirations
As an SBI PO (Probationary Officer), you’ll be transferred frequently, and once you’re confirmed, you’ll be transferred every 2 to 3 years. You also have to complete a minimum of 2 years in rural postings in your SBI career.
SBI employees get leave travel concession to visit places within India and can stay free at SBI holiday homes and guest houses in major cities and tourist destinations.
As you travel the country and the world, it will help you build new perspectives. So, if you have a love of travel, the desire to see new places, and make new friends, all without spending a single paisa, then an SBI job is perfect for you.
#6. Best-in-class salary
Did you know that SBI offers the highest entry-level compensation in the banking industry? One of the most attractive benefits of SBI bank jobs is the best-in-class entry-level compensation package that is offered to probationary officers.
That’s why the SBI PO (Probationary Officer) job is the most sought-after SBI bank job for aspirants seeking jobs in the banking sector.
The SBI Bank PO salary for 2021 recruitments offers a basic pay of INR 41,960 with four advance increments on the scale of INR 36,000 to INR 63,840.
#7. Awesome benefits & perks
SBI bank jobs also offer the kind of perks, benefits, allowances, and facilities that are the best in class in the banking industry in India.
They include leased rental accommodation, conveyance allowance, furniture allowance, petrol, mobile bills, entertainment allowance and more.
You also get group insurance over and above the compensation package, with 100% of medical expenses covered for the employee and 75% for the dependent family.
#8. Excellent leave benefits
SBI jobs offer attractive leave policies that include 33 days of privilege leave and 12 days of casual leave annually, along with sick leave and maternity leave.
Women and single men with children or aged parents have the provision to take sabbatical leave of up to 2 years.
#9. Loans & financial assistance
SBI employees can also avail of housing loans, car loans, and personal loans at a concessionary rate of interest.
They get a retirement pension from the bank to help them lead a comfortable post-retirement life. SBI also provides scholarships to the meritorious children of all employees.
#10. Inclusive policies
SBI places a strong emphasis on gender diversity and is the only public sector bank where women employees can take up to 2 years of sabbatical leave for personal commitments like childcare, education etc.
Around 20% of SBI employees are women and illustrious SBI women employees include Arundhati Bhattacharya, the first woman to be the SBI Chairperson.
In 2016, she was listed as the 25th most powerful woman in the world by Forbes, and is the only Indian corporate leader listed on Fortune's World's Greatest Leaders list, ranked at 26.
SBI also offers equal employment opportunities for people with disabilities, has a strong commitment towards the protection of women, and has a strict policy on prevention, prohibition, and redressal of sexual harassment in the workplace.
Are SBI jobs stressful?
Of course, none of the benefits of SBI careers come without a significant amount of responsibility and high work pressure. Once you’re a confirmed SBI employee, you’ll be required to complete certain targets.
But if you complete your assignments and pass the exams, you’ll be well on your way to climbing the ladder in your SBI career. If you’re talented and hard-working, you could even land yourself a foreign posting.
As an SBI PO, you can become a branch manager in 2 to 5 years, at which time you’ll have to deal with a lot of stressful tasks involving business targets, customer complaints, routine operations, asset quality, and staff issues.
If you have the fortitude and willingness to deal with the stresses of the job, then an SBI career is right for you.
Can I get SBI bank jobs after 12th standard?
The short answer is No! The basic eligibility criterion to apply for an SBI PO job is a university degree.
However, those in the final year of graduation can also apply, provided they produce proof of having passed the graduation exam on or before 31st December 2021.
Even other SBI job roles, such as the SBI Clerk position and SBI Specialist Officers require a graduate degree, preferably with a minimum of 60% (first class).
What SBI careers can I apply for?
According to the SBI careers official website, there are a number of SBI careers and SBI job openings. Here are some of the SBI job roles you can apply for:
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SBI PO (Probationary Officers)
SBI PO (Probationary Officers) are the Junior Management Level direct entry point for young graduates in India. In order to get an SBI PO job, you need to pass the SBI PO exam.
This is not the same as the IBPS PO exam, which is a Combined Bank PO Exam conducted by the Institute of Banking Personnel Selection (IBPS) for the appointment of Probationary Officers.
You can get study tips on the SBI PO exam pattern and SBI PO exam syllabus and learn where to do a free online test for bank PO exam preparations to help you ace this competitive exam in India.
As an SBI PO, you’ll be exposed to challenging assignments and have the opportunity to participate in pioneering technological and financial activities while working in the various departments of SBI, ranging from Personal Banking to Rural Banking, Credit, Forex, and Treasury.
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SBI Clerk Jobs
Junior Associates are SBI clerk jobs and SBI clerk recruitment is open to graduates between 20 and 30 years of age who don’t have a criminal record.
The starting salary for SBI clerk jobs is from INR 26,000 to 29,000 a month, increasing in increments. Just like SBI PO jobs, SBI clerk jobs come with job security and other benefits of SBI bank jobs.
Junior Associates are eligible for promotion to the SBI Officer Cadre once they have completed 3 years of service. The highest rank you can attain in an SBI clerk job is that of Deputy General Manager.
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SBI Specialist Roles
Other SBI careers include various lateral hires for SBI specialist roles for which SBI bank recruitment is done at various grades.
Some of these specialist roles include Chartered Accountants, Analysts, Statisticians, Risk Raters, Economists, Lawyers, Engineers, System Engineers, and Rajbhasa Officers.
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SBI Management Trainees
SBI job recruitment is also open to Management Graduates from IIMs and other top institutes. These Management Trainees are selected for different verticals on a contractual basis for 5 years. From the second year onwards, they’re designated as Assistant Vice Presidents.
What qualities do you need for SBI careers?
According to the State Bank Of India careers site, they look for six key traits during the State Bank recruitment process, so candidates looking for SBI jobs must possess all these qualities:
- Willingness to learn
- Team player
- Effective communication
- Strong leadership potential
- Analytical ability
- Adaptability
You can learn communication skills with free communication skills courses in the Glow & Lovely Career Community, as these are essential soft skills for any career.
You can also learn data analysis skills for free with the Big Data Analytics Course in the GAL community as data analysis is becoming a very important 21st-century career skill to have, especially in the banking and finance industries.
How to apply for SBI job openings?
In order to apply for SBI openings during the SBI job recruitment process, you need to apply for the SBI PO exam 2021.
The application process for this competitive exam starts on the 5th of October and ends on the 25th of October 2021.
The SBI PO exam date 2021 has not been released at this time, but you can follow the national news and government notifications for news about it.
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SBI PO exam eligibility
The age eligibility for the SBI PO exam 2021 is between 21 and 30 years as of April 1, 2021. To be selected for SBI PO jobs, you need to clear three rounds of exams, including the SBI PO Prelims, Mains, and Interview/Group Discussion round.
Because there are fewer seats and more candidates appearing for the SBI PO exam, it is considered to be more competitive than the IBPS PO exam.
The SBI PO 2021 preliminary exam will be held online and consists of 100 objective type questions. It is divided into three sections:
- English language
- Quantitative aptitude
- Reasoning ability
You will be given one hour to solve the exam, so it always helps to do practice tests with the SBI PO exam previous year question papers. You can practice for the SBI PO exam 2021 with this free online test series for banking exams.
Practising with SBI PO exam question papers will help you get familiar with the SBI PO exam paper and time yourself, so you can complete all the answers in one hour. It can also help with last-minute preparation for SBI PO exams.
The SBI PO Mains exam has an objective and descriptive part based on the SBI PO syllabus. SBI PO aspirants will need good data analysis and interpretation skills to get through this exam.
The SBI PO Mains exam has 4 sections of 50 marks each, including the subjects below:
- English Language
- Data Analysis & Interpretation
- Logical Reasoning & Computer Aptitude
- Banking Awareness & Economy
SBI PO aspirants who clear the Prelims and Mains during the SBI online career recruitment process then go on to the final stage of the SBI bank recruitment process, which consists of a Group Discussion and Personal Interview.
SBI publishes the SBI PO exam results on their website and selected candidates are also informed individually through SMS, email, and post.
Once you’re selected, you’ll be offered an online course on basic banking before joining. You also have to sign a Bond for a value of INR 2 lakh to serve the bank for a minimum period of three years.
Join the Glow & Lovely Careers Community to learn more about how to apply for SBI jobs and get study tips to crack the SBI PO exam and get through the SBI recruitment process.
On the SHEROES app for women you can get free career coaching online from a professional career counsellor. We wish you great success in your SBI careers and in your goal to contribute to the country’s economy and impact the lives of millions of Indians.
Image credit: State Bank of India Jaffna Branch in Sri Lanka
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28 Feb 2019
