Dark sides of an IBPS PO officer job

Probationary Officer post is one of the most preferred posts by millions of fresh graduates of India. It offers an officer grade job to the fresh graduates which makes it an ultimate option for them. It has many benefits attached to it which makes it an attractive such as decent salary package, bonus, loans, housing facility, etc. The salary package starts with a handsome pocket which is a bonus for the fresher. Besides the benefits there are some dark facts which are only revealed once you start working as IBPS PO. Working hard to qualify such a competitive exam with a thought that you will enjoy promotions without any workload, that is not the case.

An officer appointed through IBPS PO notification is given handsome package linked with the workload and tensions for it being a financial matter related to public in general. Let us discuss some dark facts of IBPS PO job.

1. Financial responsibility:

In the era of digitalization one has to handle large amounts to be transferred through NEFT and RTGS. In case due to lot of pressure from customer you have committed any mistake while doing any such transfer then you have to pay for it. This job involves lot of financial responsibility which at times makes it a tough task.

2. Social accountability:

At times with more rush you tend to give attention to poor section customer and end up losing a potential customer. It happens because you are working for public sector bank and need to give attention to poor sections first who deposit a meager amount. This makes you lose a premier customer who is also asking for the same service at the same time.

3. Intricate official procedure:

Official procedure of banking system has various legal proceedings which needs lot of knowledge and training. It takes more than 3 years to understand these procedures or else you tend to commit mistakes.

4. Hectic work schedule:

As a PO one has various responsibilities such as foreign credit, international trade, Forex management, printing pass books, loan recovery, opening several new accounts, processing loan applications, etc. These procedures involve lot of hard work as there is lot of paper work involved in it. Paper work can only be accomplished fruitfully if you have ample of knowledge.

5. Target based work load:

As an officer, bank manager gives target to the officers to be accomplished in time especially related to bad debts such as bad loan recovery cases. May be the loan was not sanctioned under your jurisdiction yet you have to take the burden after taking up the job through bank Coaching Chennai. These recoveries are time bound which gives lot of tension and workload.

These are some of the dark facts about the duties and responsibilities that one gets after joining as PO in a public sector bank. The choice is entirely yours to take up such a challenging job or not. One should prepare one’s mind to face such challenges though termed as DARK FACTS, yet giving a DREAM JOB!!!!

Prepare well and get ready to take up the challenges of IBPS PO’s duties and responsibilities.

REFERENCE LINK :

https://medium.com/@monikaag.ibt/dark-sides-of-an-ibps-po-officer-job-9b86d38989d4

How to find the expected cut-off for IBPS PO 2018 EXAM?

Every year IBPS releases various exam notifications to employ candidates for posts such as probationary officer, clerk, etc. Candidates are eager to know the cut-offs of the forthcoming exam so that they can set their targets to ace the exam. IBPS PO 2018 Exam notification is expected to be out in the next month therefore most of the candidates must have started their exam preparation. Some candidates who want to prepare according to the expected cut-off can find it by going through previous year cut off which is mentioned below:

Final Cut-Off IBPS PO Exam 2017-18

IBPS or Institute of Banking Personnel Selection Board had announced final cut-off marks in the month of April 2018. This can be used to have an idea about the next cut off of the forthcoming IBPS PO EXAM 2018. This table is showing the final cut off for the selection of POs.

Category	Maximum Score	Minimum Score
SC	54.20	37.56
ST	55.74	34.73
OBC	58.18	42.02
UR	64.58	48.04
HI	44.42	26.07
OC	55.11	38.53
VI	77.14	46.88
ID	45.38	27.87

Section wise cut -off of IBPS PO Mains 2016

After that you can have a glance at the previous year cut-off of IBPS PO 2016 which is given below:

Serial Number	Sections	Maximum Marks	Cut-Off Marks (SC/ST/OBC/PWD)	General
1.	Reasoning & Computer Aptitude	60	8.50	11.25
2.	General?Economy/Banking Awareness	40	7.25	12.25
3.	English Language	40	4.25	5.75
4.	Data Analysis & Interpretation	60	10.75	14.00
5.	English Language (Descriptive)	25	8.75	10.00

Total cut off of IBPS PO Mains is given below:

Category	Cut-Off
GEN	83.00
OBC	76.63
SC	64.50
ST	43.25
VH	76.87
ID	57.00
HI	48.75
OC	57.63

Cut-Off of IBPS PO Prelims 2017

	English language	Reasoning Ability	Quantitative Aptitude	Total
Maximum Score	30	35	35	100
Cutoff Score required for provisional shortlisting for main Examination GENERAL	06.00	11.00	08.75	45.75

Category-wise Cut-Off of IBPS PO 2017 Prelims

Category	Cut off
Scheduled Caste (SC)	38.00
Scheduled Tribe (ST)	27.50
Other Backward Classes (OBC)	46.25
General (Gen)	45.75
Hearing Impaired	17.75
Orthopaedically Challenged	29.75
Visually Impaired	24.25
Intellectual Disability	18.75

FINAL Cut Off for the provisional allotment for IBPS PO 2016 is mentioned below:

Category	SC	ST	OBC	UR	OC	VI	HI
Maximum Score	47.30	47.10	51.20	56.40	52.70	55.20	40.50
Minimum Score	34.70 10/09 /91	27.60 30/06 /92	38.00 06/06 /95	39.90 28/08 /93	33.40 12/12 /90	33.10 01/04 /86	25.40 22/12 /86

This calculation will help the candidates to calculate the future cut-off as it will be somewhere near to it. There may be a variation of 10 to 15 per cent increase in the cut-off. The reason is that every year candidates are increasing and so is the competition and get Bank Coaching in Chennai. Therefore it is concluded that IBPS PO cut off depends upon the following factors these are:

·         Number of applicants

·         Difficulty Level of the exam

·         Marking scheme of the exam

·         Number of posts or vacancies

·         Category Reservation rules

Hence, the variation in cut-off continues to be there and it is always on the higher side due to rise in the number of aspirants and difficulty level.

Hope this information will serve your purpose and you will be able to streamline your exam preparation to get the high rank in the forthcoming IBPS PO 2018 Exam.

Why government job aspirants prefer Bank PO as a Career option?

Banking sector provides a prestigious career option to the graduates of our country. There are various other reasons behind the exclusive choice for bank jobs in public sector banks besides a prestigious career one these can be evaluated as below:

1. Career as a Probationary Officer offered in nationalized banks is very attractive. The ride is very encouraging as the promotion opportunities are immense with a good hike in the salary. When anyone joins as a PO will have to spend two years of probation. This is a very comfortable period as a candidate learns various functions and fundamentals related to bank routine work. It is followed by a screening process which will be based on your performance. After probation period is over PO is promoted to higher level of Middle Management Grade with SCALE II and those who did not perform well are given Junior Management Grade with SCALE I.  You may also go for Bank Coaching Chennai for worthy result.

Besides promotions, banks also offer various opportunities where employees are given a chance to be posted abroad. It gives full justice to the high performing candidates as they get high management promotions in a short span of time which is rare seen in other government jobs.

2. Promotions with significant hikes in Salary makes bank jobs as high earning career with various other benefits based on the basic pay scale they are assigned to. Career starts with Scale I officer and ends with a high grade officer or manager. Dedication and hard work is genuinely appraised in banking sector which makes the promotion process quick and satisfying for the employees. Bright candidates reach to the level of General Manager or Executive Director or Chairman within a period of 14 years. These promotions, at times, gives an opportunity to work abroad as many public sector banks have branches outside the country also.

GRADE AND POST	SALARY PACKAGE
Junior Management Grade – Scale I: Officer i.e. PO	23700 – 980 – 30560 – 1145 – 32850 – 1310- 42020
Middle Management Grade – Scale-II: Manager	31705 -1145 -32850 -1310 -45950
Middle Management Grade – Scale III: Senior Manager	42020 -1310 -48570 -1460 -51490
Senior Management Grade – Scale IV: Chief Manager	50030 -1460 -55870 -1650 -59170
Senior Management Grade Scale V: Assistant General Manager	59170 -1650 -62470 -1800 -66070
Top Management Grade Scale VI: Deputy General Manager	68680 -1960 -76520
Top Management Grade Scale VII: General Manager	76520 -2120 -85000
Executive Director (ED)	Approx 1.5 + lac
Chairperson and Managing Director (CMD)	Approx 2 + lac

Note: – Salary of IBPS PO may be vary depending on the location of the postings given by banking authorities.

These are the basic reasons for bank jobs to be more attractive than any other public sector jobs.