What is the salary of a bank PO and what about the allowances and incentives.Joining as scale-1 how much rank
we can go in 10 years? I m in S/W field and curently getting
around 30K monthly salary and my current project(Microsoft)
is a very long term project, so there is stability in my
position for next few years. I have to appear the Syndicate
bank PO interview also now trying to give IT officer scale-
II exams. But dont know anything abt bank salary and future
growth. So can u guys plz provide any information abt this
which may help others also in this Forum. Also banks r doing
strikes for Salary hikes, Right?
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Answer Posted / saurabh
Hi Bunty,
I am SBI PO, I am also Computer Graduate and has
worked with an IT company for 1.5 years. Due to some reason
I had to decide to work in public sect/Govt. org and left
job. Believe me Salaries in Banks are negligible. For
working 10 years continuously in a bank you will be able to
get hardly around 30 to 40k while working for private firm
or switching may get you double of that, moreover doing job
as a banker is burdensome cuz there is a lot of trouble
(sometime you may get job to market your bank's product or
to find customer which is shear marketing job) managers
never get to home before 7:00 and you are responcible for
keys too. sometime the loan you have given to the person
change into NPA, so it will be your mistake for becoming a
LOAN into NPA and you may get a Memo for that(booked for
five years->no promotion) suppose if you get 2 or 3 memos
in your bank life, that's enough for you to be at same
position for atleast 15 to 20 yrs.
If you are thinking to join as IT Manager, take my advise
you are going to ruin your career, I'm with IT officers,
they do nothing except making salaries + mending computers
+ making payments to private venders like Hcl, ncr,
Datacraft. and also they are always be asked to set emails
and resetting password. nothing else cause SBI and other
banks have outsourced management of their whole computer
systems and networks to private companies(surprisingly they
are happy doing this).
Salary after wage revision : 14500 + 6000(other allowance)
HRA is Negligible hardly 8%
If you are desperate for govt job/psu/job surety and are
not getting other class-2 jobs than bank PO is your last
resort.
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