IBPS stands for Institute of Banking Personnel Selection. IBPS conducts an entrance test named IBPS Clerk CWE (Common Written Exam) for the recruitment of the candidates at various Clerical cadre positions in the public and Government banks and other financial organisations of India. After taking IBPS clerk there is a huge growth opportunity for the candidates in the Bank sector provided he/she works with dedication and right approach. Nowadays the bank clerks are promoted to the higher positions on quite a fast pace based on the performance of the candidate.
Usually the main work of the bank clerk is to manage day to day activities on the front counters of the bank.
When a candidate is selected for IBPS Clerk post are on probation for first six months. After the probation period, the candidate will be declared as permanent employee on the basis of the performance during the six – month period. An IBPS Clerk, who works in any bank which recruits though IBPS Exams, gets various types of allowances in addition to the basic pay.
The Basic Pay for IBPS Clerk:
The Pay Scale of Bank Clerk is Rs 11,765 to Rs 42,020. After the completion of year as a clerk, there is an increment of Rs. 400/- in the basic pay. The increment will be Rs. 500/- after the 2nd year till the next 3 years.
Speaking particularly of the progression of a clerk, it is guaranteed that if the candidate works with zest, dedication and passion he/she can easily get promoted and enjoy the dignity, salary and other perks of the officer post. Nowadays the provision for the promotion of candidates is fast, the newly recruited clerks are getting promoted to the officer post in just 3 to 4 years. The proof to this is seen in many banks, where you can find many clerks who are promoted to the officer post and are much younger in ager than other probationary officers. When the clerks reach the post of Trainee Officers, they are considered equivalent to the Probationary Officers. However, it is analysed that most of the young clerks don’t take the promotion offers and tend to maintain their clerical post only. The reason behind this is that with the officer posts in banks, you get lot of duties and responsibilities. The higher officials may have to work late night and sometimes they are devoid of the holidays. Whereas, the clerks have fixed working hours and limited duties. Moreover, the officers. Further, the transfers are quite common for the officer posts. The officers are transferred after every 2 to 3 years whereas the transfer is very rare in cased of clerical cadre.
In spite of the challenges with the officer posts we can’t deny the perks of the higher positions. So if you qualify IBPS and join the bank, you should be ever ready to face the challenges and should have the aim to reach the higher positions of the bank. You should take full advantage of the opportunity of fast promotion channels provided by the banks.
The career prospects after taking IBPS Clerk exam are summed up as under:
- Within 2 to 3 years, a clerk is promoted to a higher position where he/she gets much higher pay and other perks.
- Once you reach the officer posts the pace of promotion increases rapidly.
- With the officer posts you are exposed to frequent transfers. This gives you the chance to work in new environment and learn new things. The banks also transfer the officers to the foreign countries.
- Within few years with a good position you can enjoy the financial stability and a good reputation in society. The bank jobs are considered quite reputed in the society.
Let us know your views in comments 😊