SBI PO vs IT Job:Comparison on Job Security, Salary & More Points

SBI PO vs IT Job

SBI PO vs IT Job : In This article, we will compare SBI PO with an Entry Level IT JOB on the following Six Parameters: Prestige, Job Security, Area of Interest, Salary and Perks,Growth Prospects and Work Life Balance.

SBI PO vs IT Job : Overview 

Dear MockBankers

Each and every one of us desire a job which not only is comfortable but keeps challenging us and hence give us growth. Moreover we aspire for a job which helps us utilize our skills to the max and give a sense of purpose. Life becomes an amazing journey in this case.

So what actually is a good career option. Well the question is debatable but the inference is, only that option, in which we see ourselves working hard and partying even harder, is where we see our holistic growth, both personally as well as professionally.

In the last decade, the IT industry has emerged as the preferred choice for youngsters of our generation, ‘dream job’ as we call it. If you are an engineer from a good college, you will definitely prefer getting a campus placement in top IT companies viz. TCS, Infosys, Accenture, Wipro and the likes. We love these multinationals for their ‘culture’, ‘growth’, ‘perks’ and what not. But it is only after we start working for these behemoths that we realize that all that hungama about corporate life and work culture was a mere delusion, a smoke screen.

We write codes for 8-10 hours daily, 5-6 days a week and it becomes monotonous. We realize our growth has shunted and find ourselves in the middle of an ocean with no land in sight. Nothing is exciting, challenging anymore. Consequently there is no development and of course no growth. Life becomes an endless cycle of being slave to deadlines.

After months and months of sulking and endless deliberations, the reality hits and we pledge to ourselves ‘Not Anymore’, but then we are faced with another equally profound dilemma “If not IT, then WHAT?”

Well we feel we have cracked the answer to the ultimate question and it is: “SBI PO”

SBI PO is one of the most sought after job in India. It is a guarantee of a secure future coupled with the prestige of working with in the government sector.

We will compare SBI PO vs IT Job to see if it’s really the answer.

SBI PO vs IT Job #1: Prestige

Let’s face it, unlike the western world, in our country the respect we get from still others matters. Be it for shaadi or rishtedars or in laws of siblings.

IT industry was and is the dream sector for the Indian middle class. If you are working in a big shot IT firm, nobody will bother about your other credentials. ‘Yahan Naam mein sab rakha hai’.

An SBI PO, though less suave is considered equally good.

So we leave it upto you to decide this round. 

SBI PO Preparation Package including Mock Tests, Study Guide & Mentorship Call

SBI PO vs IT Job #2: Job Security

Well the stakes are equally set here, but only if you are living in the Pre-Recession era. IT companies were riding high on the Y2K growth and things were all rosy and good. Then came the 2008 Recession and mayhem spread.

IT employees got new words in their dictionaries ‘Pink Slips’, ‘Layoffs’, ‘Debt’. Though the present situation is better than 2008, nobody and we stress NOBODY can safely predict when the next recession might hit and sweep us with it. IT industry is prone to market forces and any day can very well be your last day at the firm. This coupled with the automation revolution has rendered thousands if not millions of IT industry stewards useless. To improve bottom lines, companies are reducing the flab and are going agile, making mass firings a norm.

Do not believe us check out the following article in prominent national daily talking about over 15000 recent job cuts in IT industry :

Enter the Public Sector Banking Industry. Though 2008 crisis was a result of bankers not being able to control their greed, it didn’t affect the jobs of people working in SBI. Even in the darkest times there hasn’t been even a single mass layoff in the history of SBI.

SBI PO Preparation Package including Mock Tests, Study Guide & Mentorship Calls

It is true that SBI POs don’t get the lucrative ‘onsites’, but you are never left without a site. *winks.

SBI PO vs IT Job #3: Area of Interest

IT jobs have a requirement – You need to know how to code. If you are not from CS/IT engineering, you either slog endless hours to learn it or ‘Tata Bye Bye dream IT company mein job’. We see civil engineers writing long lines of codes and imagining ‘What wrong did I do with my life.’

On the contrary Bank PO doesn’t has any specific requirements. You can be completely yourself and you will be considered. Everything you learnn is on the job. The only requirement is to clear the SBI exam.

Again we leave it upto you to decide this round. 

SBI PO Preparation Package including Mock Tests, Study Guide & Mentorship Calls

SBI PO vs IT Job #4: Salary and Perks

The main bone of contention among all the candidates – Salary.

A salary of an SBI PO is higher than that compared to other entry-level IT jobs. The CTC package of a  probationary officer in SBI is easily around ₹8-12 lakh per annum.

Click here to see SBI PO Salary and Allowances

SBI also gives you leased housing and allowances for things like newspapers, chai and even furniture. I mean WHAT!!

Almost 30-40% of the salary of an IT industry worker goes to pay his bills, rent and transportation. Compared to this, SBI POs are able to save more as their housing is taken care of.

This one goes to the SBI.

SBI PO Preparation Package including Mock Tests, Study Guide & Mentorship Calls

SBI PO vs IT Job #5: Work Life balance

In an IT job, you have uncertain timings at work, working in nights ( so that you can manage your US client’s timing) and no holidays on many occasions.

But that’s not the case with SBI. Timings are fixed. You get more holidays than IT industry. This means you get to spend more time with your family and friends. You will never work on Holi, Diwali, Eid and Christmas.

Hence, SBI job helps you to maintain an effective work-life balance.

SBI PO Preparation Package including Mock Tests, Study Guide & Mentorship Calls

SBI PO vs IT Job #6: Growth Prospects

It takes around 10 years of blood and sweat to become a Mid level Manager in an IT firm. Even then there is always a sword of uncertainty hanging over your faith.

If you join as a probationary officers (PO) in SBI, you rise to become Branch Manager within 3-4 years and if you are fortunate enough, you can rise to the post of Chairman.

Click here to see SBI PO Growth Prospects and Career Progression

Remember Arundhati Bhattacharya, present Chairperson of SBI , also joined SBI in 1977 as a Probationary Officer.

SBI PO Preparation Package including Mock Tests, Study Guide & Mentorship Calls

We have now compared SBI PO and IT Job on 6 parameters.

Which is better from your perspective? Well we are waiting for your answer.

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  • Rihanna

    Hands down SBI !!!

  • ankit saxena

    nice comparison but getting po job is not an easy task.

  • Ishh

    Work life balance balance is not good in sbi either, in 90% branches officers are supposed to come by 9.30 and not leave before 7.30 and also only two saturdays are off.I am working as a po in sbi and my friends in I.T get more holidays than me.

    • nikhil chavan

      what was your preparation strategy to crack the exam? how many days you gave for the preparation?

    • Abhijit

      But SBI will never make you work on National holidays or in night shifts. Whereas in IT company, you will have to work even on our Republic Day and Independence Day, also Night shift will be there…. Such crap is IT….

      • pratap

        who told you that.. PO has to come on any holiday if branch is not achieving the targets.. performance is measured targets achieved by branch. There is Union there is politics there is transfer to any place in india(including rural places where transportation is negligible). you are being asked to handle whole branch if someone goes on leave. some Staff are nearer to their retirement. you have to work their part of work sometimes. there is no creativity no enjoyment. same old routine. you have to deal all types of customer(illiterate, poor, beggar, old, retired, , senior citizen) who is ready to fight with you if bank cuts one rupee as charge. because for them bank is you. sometimes you have to sit late, but if you have keys of locker and everybody left. how to sit in this condition alone. there is many more. i am not against govt job but of bank jo. i also consider govt job is better than IT but not bank po.. seriously

        • pratap

          there is so much of paper work and language problem with local people. ego problem with rich people. there is so many banks in india and bank expects from you that you will bring all customers under your area to their branch. but it toatl depends on bank infra, service and facility. you will be asked to give loan on supoose 9% but other bank is giving at 8.75 then why a person comes to you for loan..they won’t understand but you have to give loan because your performance is depending on the target. you have to sell insurance also apart of doing your work. you have to maintain records in register you have to write letter for any thing leave send via courier and then admin ofc says they did not recive the letter even if they get because just to cancel your leave plan. there is lots of steps for passing your allowance even if you are eligible. tthere are more and more frustrating things in bank po job guys. go for other govt job

          • Abhijit

            Okkkkkkk…… I got your point…. I had also read somewhere that once a manager in some bank was saying that he will make his son a Chaprasi/Peon rather than make him work in a bank….
            Sarkari Naukri Zindabad!!! 😀

  • in terms of security and salary and perks sbi is better than all other it firms…waha kabhi bhi dhakke dekar bahar kiya ja sakta hai at the time of recession that is unpredictable…

  • nikhil chavan

    last year cut off marks for sbi po pre??

    • N!sha RaThore

      For genral 48 smthing

    • N!sha RaThore

      Exact 47.5 🙂

      • nikhil chavan

        ohk.. thank you..

  • syed ahmed

    what will the total salary sbi po including hrA IWAnt to from iish,, who is working in sbi as po

  • Abhijit

    Itna sab padhne ke baad bhi agar koi IT main jaata hai, toh sahi main woh ek number ka ******* hai….. 😀

  • Hardik

    i have entered 60% marks in sbi po application form.But ihave 59.4% originally.Will i have any problem in future after i qualify all the exam ?