QuizSolver
  • Bank PO
  • CBSE
  • IIT JEE
 
 

What is Probationary Officer PO in Banking Sector

Posted on - 20-01-2017

PO Articles

Articles

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.

 
No Data Found!!