What Are The Common Mistakes That Banking Aspirants Make?

In Indian banking sector, there are many banking recruitment notifications which have opened golden opportunities of jobs in major public sector banks. There are institutional bodies like IBPS, SBI and RBI which conduct recruitment drives for various job profiles. There are millions aspirants who strive hard to grab these opportunities but many of them fails in their attempts.  In this article, we will discuss the mistakes which are generally committed by the aspirants and the tips to avoid them and work on right strategy to achieve success in the exam.

So, let’s discuss them in detail:-

1. Neglecting the importance of reading Newspaper daily

You should develop the habit of reading newspapers on daily basic and never neglect it. If you neglect or avoid it then you will end up with a pile of news of past 3 to 4 months a few days before the exam. It will be very difficult for you to grasp all the knowledge before the exam and will result in mental stress. 

2. Avoiding speed tests

You should also develop a habit of giving speed tests on a regular basis. It will help you attempt maximum question in minimum time with maximum accuracy in the exam. In this way, you will come across with your strengths and weaknesses. 

3. Paying no importance to the topics you are good at

You should also pay importance to the topics you are good at. You should always try to make the maximum use of your strengths while attempting questions in the examination. It is only possible when you practice these topics hard. If you pay no importance to these topics then you might forget the basics and you might fail to attempt questions based on them in the exam through IBPS Clerk Chennai.

4. Confusion in starting your preparations

There are many students who are often confused in starting off their preparations. It is always advisable to start off with the topics you are good at. It is because it will give you the desired confidence and will motivate you to become consistent in your long journey of preparations.

5. Listening and attempting to too many strategies

Too many cooks spoil the broth! Yes, it’s true; if you listen to everybody advice and suggestion then it will lead you to a mental chaos. You should always prepare and follow your own strategy as per your convenience. It should be systematically planned and should cover the entire syllabus in restricted preparation time. 

6. Inconsistency in Preparation strategy

In your earlier stages of preparation, your enthusiasm and energy level is at its peak but it fades with time. It leads to inconsistency where you forget all your seriousness about the exam and even forget the studied concepts. You should always try to be consistent in your studying plan and should never neglect the importance of good preparation strategy which always demands consistency. 

7. Accumulating and assembling useless study materials

You should never confuse yourself by accumulating and assembling study materials from different sources which are of no use. It will stress you and create an unnecessary mental chaos. You should always collect useful study material which is up-to-date and is compiled as per new exam pattern and syllabus of the exam and you may also get IBPS Clerk Study material.

8. Wasting precious time on social media and useless websites

The advent of online coaching classes has facilitated the progress of preparations to great extent. But, it does not mean that students should waste their precious time in surfing on useless websites and social media websites. Do concentrate on your online coaching classes and stick to your strategy to get the best results.

9. Lacking knowledge of basics and applying tricks

You should always have knowledge of basics of every concept and should not rely only on shortcuts and short tricks in solving questions. You might face a very complicated question in the exam which strongly demands the knowledge of basics and there you can score over others.

10. Preparing for the mains after the results of the prelims exam

The bank exams are divided into two stages- Prelims and Mains. You should always prepare for the mains exam from the beginning of your preparation or else you will not be able to finish the syllabus in limited time, after qualifying the prelims exam.

11. Ignoring the importance of revision

After toiling so hard for months, you should also prepare a time-table for the revision to recollect all the studied concepts before the exam. There are many students who underestimate the importance of revision and forget all the studied concepts before the exam. The good revision strategy will raise your confidence level and raise your morale on the exam day.

We hope that you have thoroughly understood all the common mistakes committed by the aspirants and tips to rectify and work on best possible strategies to crack the exams.

All the Best!!!

What is the difference between IBPS PO and IBPS clerk?

IBPS PO and IBPS Clerk Exams are the most awaited exams by the aspirants of bank jobs. These exams are conducted by IBPS, a self-governing recruitment organization who appoints graduates for many job profiles of Public Sector Banks except SBI. Generally speaking, there are several candidates who apply for these posts without knowing the work profile of either of the posts. In this article, we will discuss the work profile of IBPS PO and IBPS Clerk so that the aspiring candidates should know the duties they are going to perform if they are selected for any of the posts, offered by IBPS.

Firstly, we will discuss the basic difference between IBPS PO and IBPS Clerk by explaining out their definitions. In IBPS PO, the word PO stands for “Probationary Officer” in the banks. It is considered to be higher grade than that of a clerk.

As far as IBPS Clerk, he can be termed as “Single Window Operator” where he has to conduct all types of General Office tasks. He has to be present in all the departments and his responsibilities are to maintain the records filing, staffing service counters, screening specialists, other regulatory tasks etc.

The Probationary Officer starts off as a trainee officer in the Junior Management Grade Service (JMGS) of the bank. They have substantial vertical growth in the promotions of their posts and can rise to the highest grades of the banking posts (General Manager, a Director or even the Chairman of the Bank). He is appointed at two years of training probation period as an Assistant Manager in the bank and has to handle duties like handling of cash, managing reports etc.   

To get appointed as IBPS Clerk, he has to crack IBPS Clerk exam and it is easy to crack this exam through IBPS Clerk Chennai. The major responsibilities of IBPS clerk are to maintain the records filing, staffing service counters, screening specialists, and other regulatory tasks etc. The least required age of any aspirant has to be 20 and the maximum age has to be 28 to apply for clerical posts. IBPS Clerk is a tailor made job for girls as it offers security to them. After the retirement, an IBPS Clerk  enjoys the facilities provided by the government pensions, job security, allowances, low-interest loans and has the great opportunity to learn the work under his/her seniors.

Duties of IBPS PO

IBPS PO has to perform the following duties and they are as following:

1. IBPS PO has to maintain branch activities efficiently and has to deal with the customers.
2. IBPS PO has to thoroughly supervise the staff working under him.
3. IBPS PO has to meticulously take care of customer related dealings, activities, grievances, transactions and loan processing of the clients.
4. IBPS PO should properly verify the work done by the junior clerks and then make wise decisions as per the policies of the bank management and implement them effectively in the branch for the smooth running.
5. IBPS PO duties also include issuing of ATM Cards, cheque books, demand drafts etc.

Duties of IBPS Clerk

1. IBPS Clerk has to appropriately assist bank customers in depositing and withdrawing of cash.
2. IBPS Clerk duty involves issuing and delivering cheques books to customers after getting it verified from the authorities.
3. IBPS Clerk duty involves issuing of cash receipts and ESI stamps as and when demanded by the bank customers.
4. IBPS Clerk major assigned jobs are computer based as there is a trend of internet and mobile banking these days. His job is also to make customers literate about cashless transactions.

In this article, we have comprehensively differentiated between the job profile and duties of IBPS PO and IBPS Clerk. Now, after reading this article, it will be easier for the aspiring candidate to pick the job of their choice and interest. The candidates should be aware of the latest exam pattern of both the exams (IBPS PO and IBPS Clerk exams). We would advise to plan a proper strategy to crack these exams and get better IBPS Clerk Study material. You are advised to join online and offline coaching classes to enhance your chances of selection.

We wish you to prepare well to grab either of the jobs and be the part of flourishing banking sector.

All the best!!!

How will you handle the pressure if you are selected as a PO?

For any Bank PO, Customer Services is the fundamental duty and it is also the most challenging one. He has to be literate and efficient enough with the basic bank facilities and products to congenially deal with the customers and handle the pressure properly. Now, the Bank PO is always surrounded with a “fear factor” as all of his duties and responsibilities are linked with customer’s monetary transactions. The dealing with the money is always been a delicate matter and the Bank PO has to deal with all types of bank activities ranging from desk work to supervision.

Besides dealing with customers effectively, let us list important roles and responsibilities of a Bank PO and they are:-

1. Customer Service
2. To Bring Substantial business to bank
3. To deal in Cash handling
4. To deal in Clearance of payment
5. To successfully supervise clerical work and staff
6. To handle all the formalities of Loan processing

In realistic sense, in India, banking hours (9.30 AM to 4.00 PM) is the time when the true work pressure is felt. It is those challenging hours where customers shout at them and servers do crash occasionally, but it’s a part of daily routine. In Banks, the daily activities primarily include issuing Cheque books, ATM cards, Demand Draft, etc. These are also very delicate issues as Bank PO has to know all the formalities to be fulfilled before issuing the financial documents to the customers. Thereafter, the Bank PO has to deal with the customer complaints like discrepancies in accounts, rectification of undue charges with cool mind.

Recently speaking, there have discussions all around about the growing work pressure among bank employees. The sensible Bank Coaching Chennai has always maintained a balance between life and work. The biggest asset is the job security and also the security in the workplace, which is a major positive point for any woman of being a Bank PO.

In the earlier stages, there is not too much pressure for Bank PO’s but managers have to sit till 7 to 8 PM in the branches, depending on their work load. As far as work pressure and load for Bank PO’s are concerned, everything depends on their respective managers, if the manager is good, then they can enjoy their work.

In many cases, there are Bank PO’s who complaints of heavy work pressure as they are not coping with the pressure properly. It is basically a learning experience which needs to be cherished. There can be many reasons for work pressure- physical, social, geographical, physical or mental, depending on the nature and attitude of Bank PO.

The basic complaint that every Bank PO has is that they are allotted monotonous tasks or they have to confront the brunt of unhealthy environment or uncooperative colleagues. The changing nature of banking system demands a lot of adaptability in every employee, especially for Bank PO’s. Consequently speaking, it leads to lots of work pressures at work which might lead to mental or physical disorders.

In this context, stress is referred to as an individual’s reaction to a disturbing or challenging factor in the working environment. There is a need of a stress management which implies reducing or managing the stress through appropriate coping up techniques. In last few years, it has been experienced that there has been excessive work load and work pressure which has resulted in extra stress in Bank PO’s. In finance oriented sector like banking, the bank management should lay significance on stress managing programmers for their employees and get best books for bank Exams. The banking authorities should try to reward and encourage them by respecting and valuing their contribution.

To become a Bank PO is a dream destination for anybody but coping up with work pressure is also very important. We hope that for their psychological well-being, the bank management will make positive steps in nurturing their employee with suitable plans and programmed.  Let me tell you friends, if you dare to dream, you should always be ready to face some nightmares. The alluring incentives and attractive salary packages are the brighter side of a Bank PO and you should be ready to face any challenges to avail a respectable and secured life.

 All the Best!!!