SBI clerk vs IBPS clerk

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Summary: SBI Clerk vs IBPS Clerk. Salary, Educational Qualifications Roles and Responsibilities, Career growth Prospects and Final Verdict

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5 Free Mock Tests for SBI Clerk Exam 2018

 

Previous Year Papers of SBI & IBPS Clerk Exam

SBI clerk vs IBPS clerk – Who will win?

In this article, we will compare the two major clerical level examinations namely IBPS Clerk and SBI clerk.

There was a time when each public sector bank in India had to take care of recruitment activities by conducting the selection process on their own. Today, things have changed drastically with the Institute of Banking Personnel Selection (IBPS) being nominated to complete the necessary procedure to fill vacancies. Click here for IBPS Clerk Recruitment Notification.

At a time when the chips are down in the economy and the threat of downsizing looms in the private sector, candidates with professional qualifications are finding entry level jobs (Bank Clerk) in public sector banks attractive.

Click here to view IBPS Clerk Expected Cutoff

Nowadays, IBPS is regularly announcing recruitment exams for various positions in government-owned banks.Most common among them are the clerical level examinations. Every year more than lakhs of aspirants appear for this examination.

In this article, we will compare the two major clerical level examinations namely IBPS Clerk and SBI clerk.

IBPS Clerk Prelims 2016: Exam Analysis

The aspirants clearing SBI clerk examination get to join State Bank of India while those clearing IBPS clerk examination are allotted one from the following list of 15 Public Sector Banks:

  1. Indian Bank
  2. Indian Overseas Bank
  3. Oriental Bank of Commerce
  4. Punjab National Bank
  5. Allahabad Bank
  6. Andhra Bank
  7. Bank of Baroda
  8. Bank of India
  9. Bank of Maharashtra
  10. Canara Bank
  11. Central Bank of India
  12. Corporation Bank
  13. Dena Bank
  14. IDBI Bank
  15. Punjab and Sind Bank

Click here to view RRB NTPC Result announcement

We will compare both these exams on the basis of following parameters:

SBI Clerk vs IBPS Clerk: Salary

Both SBI and IBPS Clerk will place the clerk on the following scale:

Rs. 11765 – (655×3) – 13730 – (815×3) – 16175 – (980×4) – 20095 – (1145×7) – 28110 – (2120×1) – 30230 – (1310×1) – 31540

Apart from Basic Pay, as a clerk in PSBs you will get the following allowances:

(a) Dearness Allowance (DA): DA is revised on quarterly basis (i.e. in the months of February, May, August and November) based on the CPI as declared by Government of India. The current DA has been fixed at 39.40% of the Basic Pay). When inflation is high, DA goes up and vice versa.

(b) Special Allowance : This has been added in 10th BPS (wef 01/11/2012) for clerks it 7.75% on which DA is also payable

(c) HRA : This depends on the place of posting and it can be either 10% or 9% or 7.5% depending on the place of posting.

Thus, the initial Basic Pay off a clerk will be Rs.18,100 – 19,800 including allowances.

Bank clerk salary in SBI is 2000/- extra compare to other banks. Salary of SBI clerk is more because of extra allowances SBI offers to their employees.

So this round goes to SBI Clerk.

Click here for IBPS Clerk Salary, Promotion and Job Profile.

SBI Clerk Career Growth and Job Profile 2018

 

SBI Clerk vs IBPS Clerk: Educational Qualifications

The qualification for the Assistant’s position, the lowest rung in mainline banking operations, is a degree (graduation) from a recognized university.

So, it does not matter if you apply for IBPS Clerk Or SBI Clerk, minimum educational qualifications are same in both.

Best Books for SBI Clerk Preparation 2018

SBI Clerk vs IBPS Clerk: Roles and Responsibilities

Generally, roles and responsibilities of clerks are same across all the banks. This is the starting point for educated youth in the banks.  Usually, newly recruited bank clerk is given training for few weeks and then they are placed  either in a branch or an administrative office. At the branch, clerical staff is supposed to work as Front Office person and has direct interaction with the public. However, with most of the banks being fully computerized, the job profile will be related to working on computers and entering the day to day transactions in the system.

Due to a big network SBI clerks gets more exposure as compared to their IBPS counterparts

SBI Clerk vs IBPS Clerk: Career growth Prospects

Those who have joined as a clerk can very quickly change their track of career.

In-cadre promotion of clerks

  • A person in clerical cadre who has completed ten years of service will be promoted to the post of Senior Assistant. This post shall carry a special allowance of Rs.1800/-.
  • A person in clerical cadre who has completed twenty years of service will be promoted to the post of Special Assistant. This post shall carry a special allowance of   Rs.2500/- which will be ranked for DA & HRA
  • A person in clerical cadre who has completed thirty years of service will be promoted to the post of  Senior Special Assistant. This post shall carry a special allowance of      Rs.3500/- which will be ranked for DA & HRA

Promotion of clerks to officer cadre

  • To  Trainee officer
    After three years of service, a clerk can become trainee officer after clearing written test and interview. Such clerks are put on probation for a period of two years. After successful completion of probation, the trainee officer based on performance will be either recruited into MMGS-II cadre or sent back to clerical cadre.
  • Directly  to JMGS-I
    After six years of service under fast track promotion channel or after twelve years of service under normal promotion channel, a clerk can become a JMGS-Scale1 officer, after clearing a written test and interview, subject to the upper age limit.

Assuming a very sincere person joins in clerical cadre and works his way to the top, in merit channels, his career graph could look like the one in the picture below

Clerks in SBI , get more opportunities and are likely to become officer early in comparison to those working in other banks.

A senior public sector banker said “given the fast-track promotion process in public sector banks, an Assistant can hope to retire as a General Manager”

SBI Clerk vs IBPS Clerk: Final Verdict

SBI is one of the most preferred career options for candidates who are trying to get a government job. It is quite evident in the number of applicants for the post of Probationary Officers. Against 1500 vacancies for the post of Probationary Officer, SBI received approx 17 Lac applications.

The same situation is for the recruitment of clerks. More than 30 lakh candidates appeared for the test for the clerk’s position.

“The large-scale recruitment of Gen-next employees in the officers as well as in the Assistant grade have not only brought a far-reaching attitudinal change among staff in their customer interface and services across branches, it has also become a catalyst in enhancing/ improving the productivity and efficiency of employees,” SBI said in its annual report.

 

So, friends, this is it for SBI Clerk vs IBPS Clerk. Now that you have read about both of them, tell us which one do you prefer to be the WINNER.

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