One of India’s most wanted bank jobs is the SBI PO (Probationary Officer) position. As a result, it is highly competitive. In addition, SBI has issued a call for applications for CBO. SBI CBO has a total of 3850 job openings. This is likewise anticipated to be a highly competitive event. BYJU’S Exam Prep features many resources to help you select and prepare for the best. There are several free materials and mock question papers available. You can also check out online seminars and instructional videos.
SBI PO vs SBI CBO
Here, we will give you a thorough analysis of both roles so that you can make a well-informed decision.
SBI PO Roles & Responsibilities
During their probationary time, employees learn more about how banks work and the responsibilities that come with their position. For example, customer service, administrative job supervision, loan processing, and other duties are typical of a SBI PO.
Progression in your career
The features of career advancement and advancement are excellent. That is one of the main reasons many young people choose to pursue this career. You can expect to work for 6-7 years as a PO. You may be posted to various divisions during this time. It also receives a lot of media attention.
Salary of SBI PO
This is most likely why many candidates are motivated to do well in their tests and interviews. For many people, this is a rewarding career choice. The basic pay of an SBI PO for the initial seven years would be INR 23,700. After seven years, the basic pay would be somewhere around 30,560 INR for the next two years. The basic salary will then be increased to INR 32,850.
The State Bank of India (SBI) has solicited applications for SBI Circle Based Officers (CBO) posts from eligible commercial/scheduled bank employees.
Candidates who will be on their probation period will be marked on their performance during the tenure of six months. Most of their responsibilities are identical to that of an SBI PO.
Progression in your career
During the probation period, the candidates will be evaluated regularly to see if they are fit and appropriate. After evaluating the performance during the probation period, a candidate will be offered a role in the Junior Management Grade Scale-I (JMGS-I). The applicants in the general cadre will be subjected to the general advancement policy. As a result, it is a very appealing employment option. Candidates must know that they will not be eligible for inner-circle transfers until they are promoted to Senior Management Grade Scale-IV or have served for 12 years.
The recruited candidates’ starting salary is based on the JMGS-1 scale. The basic pay of an SBI CBO for the initial seven years would be INR 23,700. After seven years, the basic pay would be somewhere around 30,560 INR for the next two years. The basic pay will then be increased to INR 42,020.
We’ve outlined the factors that will influence your selection in this article. Don’t rush. Examine the job descriptions and assess the benefits. SBI PO has been operating for a while, but SBI CBO is newer. But don’t let that put you off. As SBI CBO is a more recent company, it has a lower completion rate. But, regardless of which path you take, you will need to put in a lot of effort. Choose BYJU’s Exam Prep to assist yourself throughout these stages.