If you are a graduate with a minimum of 50% marks (under 10+2+3/4 scheme) regular course, and under 28 years, then you can also appear for the South Indian Bank’s annual Probationary Officer’s recruitment. With a pay scale of Rs. 36,000 – 1,490/7 – 46,430 – 1,740/2 – 49,910 – 1,990/7 – 63,840, this is one of the best options available for the banking aspirants across India. The South Indian Bank, SIB provides great opportunities for ambitious and enthusiastic aspirants. Within a short period, one can climb the corporate ladder from the entry-level probationary officer’s positions to the general manager or rural manager level. Let’s check the South Indian Bank PO career growth and salary scale.
South Indian Bank PO Job Profile
The Probationary Officers are the Junior Scale Management Professionals in the banking service. Every year the bank recruits hundreds of graduates either through open recruitment or by campus placement. Thus selected candidates will be on probation for one year, and the confirmation will be subject to satisfactory performance during the probation period. The candidates should agree to serve the bank for at least 02 years. If the candidates are opting for the open recruitment, they should possess at least 2 Years of service in the officer cadre in any Scheduled Commercial bank, Urban Cooperative Bank or Small Finance Bank or Banking Subsidiary. The Probationary Officer’s can expect his/ her next promotion after three years of continuous working with the South Indian Bank. The next post after the Probationary Officer is the Assistant Manager in Grade-II. While joining the officer’s will be on the pay scale of Rs. 36,000 – 1,490/7, and they will be entitled to one additional increment for Junior Associates of the Indian Institute of Bankers (JAIIB) and Certified Associate of Indian Institute of Bankers (CAIIB), and the performance-linked incentives.
South Indian Bank PO: Career
The probationary officer post is the entry-level junior management position, and after the 2 years, probation period or training and the officer gets the post of Assistant Manager. The job profile of a Probationary Officer in South Indian Bank is very much similar to that of their counterparts in the nationalised banks. A typical day in a Probationary Officer’s life has both administrative as well as clerical works including customer handling, and sales meetings. So, the Probationary Officer’s are expected to possess excellent communication skills and conflict resolving skills. The Probationary Officers managerial tasks include the supervision of various clerical works, decisions making for the bank benefits, managing cash balance, canvassing new clients, etc. After the probation period, officer’s can choose the banking section where he/ she like to work based on their previous experience or their interest. Some of the available specialisations are:
- Branch Operations
- Liability Sales
- Risk management
- Collection and Recovery
- Credit Retail and Ministry of Micro, Small and Medium Enterprises (MSME) Underwriting
- MSME Relationship/ Sales Manager
- Wealth Management, Demat Trading
- Gold Loan Business
- Credit Mid Office Functions, etc.
Other than this a South Indian Bank PO’s career journey do have various planning, budgeting, marketing, loan processing, loan approval, investment or wealth management etc. One of the other responsibilities of the Probationary Officers is to work as public relations officer. They need to handle customer complaints and address various customer related issues such as discrepancies in accounts, the rectification of undue charges and looking into complaints regarding services provided by the bank.
Entri wishes you all the best for your upcoming South Indian Bank PO examinations. Start your SIB as well as other bank tests preparation today itself with Entri. Our tutors will help you with video classes, mock tests, study notes, personal mentorships, practice questions, discussion groups, etc. Download Entri, and start attempting free mock tests to analyze your progress in the South Indian Bank Probationary Officer’s test preparation.