Bank Jobs
The banking sector has grown as one of the most important sectors in the Indian economy. For developing countries like India, the Banking sector forms the backbone of its economy. It grows at a fine rate and is one of the fast growing income driving industries of India due to its robust banking and financial power of the nation. This has paved the way for numerous job opportunities in the banking sector. The banking jobs also emerged to be most wanted among the young graduates in India. As the banking sector grows, the need for more employees increases day by day, which brings more job opportunities for young graduates who are looking for a job in both private and government banks. This has driven in huge bank job opportunities for those who aspire to become a banker and bank employees.
Banking career aid one with both national and international career boost opportunities. Since India has become not only from Indian businessmen, but it also has international banks. The career in the banking sector is considered to be international and the banks have opened up numerous job opportunities for deserving candidates. The banking sector is diverse, it includes different fields such as law, accounts, investment banking, customer relationship management, taxes, public relations, examiner, administration, financial advice, loan, money analysis, etc.
Give a kick start to your banking career:
In India, totally there are more than 50+ banks. The banks in India are divided into 4 categories – Commercial banks, Payment banks, small finance banks, and co-operative banks. There are 12 Public sector banks, 21 private sector banks, and 43 Regional rural banks. There are more than 40+ notable banks that are owned by foreign banks outside India. One can get their banking jobs in public sector banks, private and rural banks. The candidate must pass the exam conducted by the central government (common written examination (CWE) conducted by the IBPS – Institute of Banking Personnel Selection) to get into the public sector banks and state government to get into the regional rural banks. Apart from this, the reserve bank of India is the most prestigious bank in India. One who gets a job in the Reserve bank is considered to be a precious and prestigious one in India. The private sector banks hire their employees by conducting an examination and personal interview similar to the process conducted in the public sector banks.
Banking posts to become a Banker:
The candidate can apply for the following roles in banks; controller, chief financial officer, Bank teller, Banker, loan processor, consultant, investment officer, credit analyst, investment banker, manager, senior manager, relationship manager, sales representative, financial advisor, financial analyst, underwriter, asset manager, auditor, cashier, clerk, and so on. The job positions, job role, and availability of jobs have driven in huge job vacancies for those who aspire to become a banker.
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Eligibility criteria for Bank Jobs
Every bank has its eligibility criteria for bank exams and bank jobs. The basic criteria to get into the banking sector is a graduate degree with 60% of marks from recognized universities.
The basic eligibility criteria for any post in the banking sector should fulfill the following aspects,
- The candidate must be a citizen of India.
- The minimum age of the candidate should be 20 years of age.
- Must be a graduate with a Minimum of 60% in their Bachelor’s degree.
Eligibility requirement for IBPS (Central Government) - Bank Probationary Officer / Bank Specialist Officer / Clerks
- Bank Probationary Officer – Bank PO
- The candidate must be a graduate with any degree (BA, B.Com, BSc, B.Tech, or BBA)
- The candidate's age must be between 20 to 30 years of age.
- Bank Specialist Officer – Bank SO
- The candidate must be a graduate / Post-graduate with any degree (BA, B.Com, BSc, B.Tech or BBA, LLB, MBA)
- The candidate's age must be between 20 to 30 years of age.
- Bank Clerk
- The candidate must be a graduate with any degree (BA, B.Com, BSc, B.Tech, or BBA)
- The candidate's age must be between 20 to 28 years of age.
Eligibility requirement for State Government banks - Bank Probationary Officer / Bank Specialist Officer / Clerks
- Bank Probationary Officer – Bank PO
- The candidate must be a graduate with any degree (BA, B.Com, BSc, B.Tech)
- The candidate's age must be between 20 to 30 years of age.
- Bank Specialist Officer – Bank SO
- The candidate must be a graduate / Post-graduate with any degree (B.Tech or BBA, B.E., M.sc, MCA, MBA)
- The candidate's age must be between 21 to 40 years of age. (Age limit varies for different positions)
- Bank Clerk
- The candidate must be a graduate with any degree in any discipline
- The candidate's age must be between 20 to 28 years of age.
Eligibility requirement for reserve Bank of India
- The candidate should have a Minimum of 60% in their 10th, 12th, or any equivalent degree.
- The candidate must be a graduate with a Minimum of 60% in their Bachelor’s degree.
- Age limit for Grade B positions are between 21-30 years of age
Skills required for a banking job
- Analytical skills
- Accounting skills
- Customer dealing
- Relationship management
- Computer knowledge
It depends on your interest. Most preferable option is work from home jobs such as content writing, copy paste jobs, form filling jobs, data entry jobs and so on. You can spend 4 to 5 hours per day preparing your banking exams. The candidate can fill their application via online under the website run by IBPS https://www.ibps.inFrequently Asked Question
Which part-time job is preferable when I wish to apply for banking jobs?
What are the major job positions in the banking sector?
What are the part time jobs available for the candidates preparing for banking exams?
Where to apply for a banking exam?
How much will the application fee for writing banking exams?
What are the subjects once should cover for banking exams?
Bank jobs also give us flexibility in joining one position and thereby we can move forward by writing additional exams and getting through it. This banking sector employs a large number of employees in the coming years in India, which itself assures banking jobs for young aspirants.
The majority of young graduates now prefer to get into the banking sector that I.T due to the availability of job opportunities and benefits. Banking jobs can ensure one with security, on-time salary, growth opportunities, and easy to get into higher levels with promotions, a better learning environment, and so on. The banking sector is one of the growing sectors in India which offers the young graduates great job opportunities for beginners when compared to any other sector in India. Banking jobs are considered to have a high social status in society with assured safety, security, and promotions with great career opportunities. Give your best to get a bank job in India.