When I say “PSB Banks are not a good option“, it may hurt many and probably demotivate newly joined PO at various public sector banks or many of aspirants who are giving days and night in preparing themselves for Bank PO exam. My concern is not to hurt any of my fellow friends or colleagues or lowering their confidence rather I just want to showcase the real life of a bank PO to outside world related to actual banking environemnt, standard of living, Career growth and working scenario in general at any of the Public Sector Bank.
There are many who are dreaming about getting good job in bank as Probationary Officers, charming career growth and good money but it has been seen that they lost their interest and zeal within short span of joining as a Bank PO.
I am a bankers with one of the edPremier Nationalized Bank, I just want to share my experience as Bank PO to all my friends through this blog.
I joined as Bank PO after doing MBA and having good years of experience with some of the premier IT companies in India at Delhi location. What I relaized during previous so many years :
1. PSB’s never bothered about the expertise and Qualifications. You may be posted to any of the verticals or branches irrespective of your qualifications or experiences or area of expertise. It means for PSB, qualifications are mandatory only for fullfilling the eligibility. It doesn’t matter whether you are highly, average or lowerly qualified. All are same and graduate from any of the premier institute is equivalent to average qualification from any of the institutes or correspondence courses.
For example an average BA graduate in history may be designated as digital banker where as MBA in Systems may be posted in remote village for cash payment. :-D
2. Newly joined probationary officers are given 15 days training which is as good as your class lectures of BE or MBA or graduation. Training is good only in one respect i.e. 15 days halting are paid. :lol:
3. Post completion of training, you will be posted to branches/offices directly, works are assigned to you by the department head or branch managers as per your location of posting. I assure you that your work will be weighted on the number of hours you wasted in the branch/office.
4. Operational output is vague word in the world of banking eternity and no one care about it. One has to give 100% in office, it doesn’t matter whether he or she actually worked or not. It means if you are smart worker, you will definitely a looser as being a smart worker you will be assigned with load of work.
5. If branch is small, it may be possible (maximum cases I had seen, it is under practice in many branches) that you will be asked to handle cash counter (Don’t think ,it’s only a clerk job) or at the cash officer table , where you will be showcasing your talents in making DD/PO or if you are lucky enough, you will be asked to make Fixed Deposit (Which is also very Irritating, Since customer mainly senior citizen will eat your all experiences and qualifications while filling 15G/15H form). :evil:
6. Don’t think you will be given training or in branch you will be given privilege of new joinee. Manager may ask you to do anything beyond your levels treating it as “On job training”,You will have to learn it by yourself” and the best thing is that manager himself not confident about banking systems or banking policies.
7. “Mistake” is a very crucial word in the world of banking industry. If you have done anything wrong, You will be penalized and penalty may cost anything.
Once I heard from someone, “If some one doesn’t make any mistake, he is God”, For Management all their PO’s and officers are GOD because they dont do “any mistake”.
MBA Principles define 1% human error as acceptable in operation activities but in Banking, 1% error means loss to your one month or more, hard earning salary. Penalty is directly proportional to monetary loss. You did mistake , You will pay the losses. Papa will nicely say “Beta Ghar se bhi le gaye !!”
8. In true sense , it’s your own “Level of Intelligence” or past experiences, which will help you in dealing with such situations.
9. Whenever you ask for some favor, better not to say anything. :roll:
10. Branch Keys,(Personally it was always painful for me), PO’s are the softest target for holding the branch keys. Very first day of your branch, Branch manager or office incharge will show you the set of some big keys. Same day itself these keys are your own baby and you will have to look after this. Do remember, there are hafty penalty on loosing the keys. I do remember one of my friend paid about Rs 16,000 as penalty. Afterwards, I came to know about the fact that why do PO’s called as “Son in law”.
Never think that, it’s attainder who will open door of branch for you. Most of the time, it’s you who will open the gate to let them in. Especially in the evening time. I did it along withmy Chief Manager many a time. :-D
11. Never treat yourself as King or son in law of bank. Even attender will never listen to you. Better not try to assign work to anyone and do it by yourself.
Now close your eyes and think for a minutes. This is as like your story if you are a banker. Beside this there are many other which I never wanted to mentioned on public platform.
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