SBI PO versus NICL AO: A comparison in terms of various parameters.
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SBI PO versus NICL AO
Working in a premier banking organization like State Bank of India or a A Class Insurance Company like National Insurance Company Limited ? The choice to decide where to work can be a bit perplexing sometimes.
We will help you narrow down your choice or expand your opportunities as may be the case. We will take into account various parameters while drawing a comparison between SBI PO versus NICL AO.
| SBI | NICL | |
| Sector | Banking | Insurance |
| Inception | 1955 | 1906 |
| Headquarters | Mumbai | Kolkata |
| Job Posting | All India | All India |
| Total Assets | US $340 billion | US $1.3 billion |
| Tag Line | With you all the way, Pure Banking Nothing Else, The Nation’s banks on us | Trusted Since 1906 |
SBI PO versus NICL AO: Recruitment Details 2018
| SBI PO | NICL AO | |
| Total Vacancies | 2000 | 312 |
| Date of Preliminary Exam | 1st, 7th & 8th of July 2018 | 30th January 2019 |
| Date of Mains Exam | 04th July 2018 | 2nd March 2019 |
| Expected Complexity Level | Difficult | Moderate |
| Approximate Number of Applicants | 7-8 Lakhs | 5-6 Lakhs |
| Official Notification | READ HERE | READ HERE |
| Free Mock Tests | CLICK HERE | CLICK HERE |
| Books for Preparation | CHECK HERE | CHECK HERE |
SBI PO versus NICL AO: Period of Probation
| SBI PO | NICL AO |
| The probation period of the SBI Probationary Officer is 2 years. | Candidates shall be on probation for a period of 1 year from the date of joining the duty under NICL AO Recruitment 2018. |
SBI PO versus NICL AO: Nature of Job
| SBI PO | NICL AO | |
| Role | On joining service, a SBI PO will be expected to perform the following duties –
Adding new business, handling customer service, handling of cash effectively, maintaining timely reports. |
On joining service, a NICL AO will be expected to perform the following duties –
Overseeing insurance policies, settling insurance claims, checking clauses, filing official returns. |
| Work Pressure | Yes.
SBI is the number one public sector bank of India so it is expected that there will be a lot of rush and issues to address. SBI PO entails quite some amount of work pressure. |
No.
A NICL AO enjoys a good work environment and the nature of the job does not entail any deadly work pressure. It is quite manageable. |
| Work Hours | 8 Hours | 8 hours |
SBI PO versus NICL AO: Salary and Perks
| SBI PO | NICL AO | |
| Pay Scale | Rs. 23700-980/7-30560-1145/2-32850-1310/7-42020 | Rs.32795-1610(14)-55335-1745(4)-62315 |
| Starting Pay | Rs.23700/- (four additional increments will also apply) | Starting Basic pay would be Rs. 32,795 |
| Perks | Leased accommodation range from Rs 8,000/- in ‘C’ category Centers to Rs 29,500/- in Mumbai Centre.
Home Travel Concession/ Leave Fare Concession. Medical Aid for self (100%) and for family (75%). |
Pension under New Pension system governed by PFRDA, Gratuity, LTS, Medical Benefits, Group Personal Accident Insurance |
| Accommodation | Yes | Yes |
SBI PO versus NICL AO: Career Progression
| SBI PO | NICL AO | |
| Growth | Yes | Yes |
| Promotions | Promotions in SBI happen every 3-5 years in the following scale:
|
Promotions in NICL happen every 3-5 years in the following scale:
|
SBI PO versus NICL AO: Posting Abroad
| SBI PO | NICL AO |
| Yes | No |
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Hello Madam/Sir, please clear my doubt regarding this exam as the eigibility is 60% in graduation
for
the NICL AO. My aggregate percentage in graduation( B.E) is less than
60%, if i take the average of all 4 years marks. But my university (Dr.
BAMU, Aurangabad) gives only final year marks on final graduation degree
and i have scored 61% in final year. Which means on my original
graduation degree it will be written 61% with first class but my
aggregate percentage of graduation will be below 60%. So please tell me
whether i am eligible or not for NICL AO. Thanks.