SSC CGL vs IBPS PO: What to Choose| Salary Profile Promotions Work Culture

SSC CGL vs  IBPS PO #1: Job Profile 

SSC CGL: Job Profile

As an officer recruited through SSC CGL, you will be expected to:

• Do clerical work in the office like answering RTI queries.
• Make notes and do filing work.
• Do general administration work.
• Do field Jobs that involve traveling.
• Carry out raids,Inspections, surveillance etc.
• Help in shaping Nationwide policies by looking after the back office work.

IBPS PO: Job Profile

As a Bank PO you are expected to:

• Provide services to customers
• Enhance business of the bank
• Handle cash activities at the bank
• Manage Clearance of Payments
• Manage accounts of customers
• Official communication

SSC CGL vs IBPS PO #2: Work Pressure

SSC CGL job is more relaxed and allows good work -life balance. After joining you are allotted one of the 30 departments as per your merit, and thus you perform the task that includes supervision, Administrative Task, or any other task bestowed by the senior officials from time to time-related to that post. At times SSC-CGL jobs can also be very demanding if you are asked to work under political pressure every day. This is dependent on your superiors and the department in which you are posted.

Bank PO’s work includes General Banking, Administrative Task, or any other task bestowed by the senior management from time to time. As a Bank PO, you will undergo rigorous training to understand the nitty-gritty of Banking and trained for accounting, marketing, investment, billing, finance, human resources, forex, agriculture banking, general banking.Work pressure wise both the jobs are nearly the same, the only differentiating factor is Customer Engagement. As a PO you have to interact/bring in new customers, however, t is not a mandate in SSC CGL.

SSC CGL vs IBPS PO #3: Working hours

In SSC CGL, you will have a proper work schedule. Daily you will be going in the morning and coming back to your home in the evening, no extra work hours and working in shifts.

Banks have recently started a new policy according to which, 2nd and 4th Saturdays of the month are declared holidays. This means you have a proper work schedule. Daily you will be going in the morning and coming back to your home in the evening.

SSC CGL vs IBPS PO #4: Transfers

Both SSC CGL and IBPS PO are govt./public sector jobs, making transfers a necessary evil in this comparison.

In SSC, the transfers mostly take place every 4-5 years (except in CSS jobs where you will always be posted in Delhi).In both Organisations, the transfer is on the basis if seniority/promotion.

In banks, the transfers mostly take place every 2-5 years.In both Organisations, the transfer is on the basis if seniority/promotion.

SSC CGL vs IBPS PO #5: Salary

There is not much disparity between the two in terms of the salary between the two, but since in the case of Bank PO job you face regular transfers and posting after a period of time so henceforth a part of your income will be used in relocating your place and for covering other expenses.As a PO in govt bank, you are entitled to receive Rs.34 – 38,000/ month

Also, The salary of SSC CGL is subject to revision under 7th Pay commission.

Ask any government job aspirant, Which exam is he preparing for? Definitely, the answer should be either SSC CGL or IBPS PO.

SSC CGL vs IBPS PO #6: Perks and Benefits

SSC NTPC provides the following benefits:

1. Dearness Allowance
2. House Rent Allowance
3. Transport Allowance
4. LTC
5. Cash Medical Benefit
6. Group Mediclaim
7. Pension Scheme

Banks provide the following perks:

1. Contribution Pension Scheme/New Pension Scheme
2. Medical Aid for self (100%) and for family (75%)
3. LTC
4. Home Travel Concession/ Leave Fare Concession
5. Concessional interest rates for Housing/Car/Personal Loans

So, as per this criteria, both the posts are approximately equal.

SSC CGL  vs IBPS PO #7: Future Growth

Promotions in SSC happen every 4-5 years. As per your post, you will be promoted to the next higher level.

• Auditor will become Senior Auditor in 3 years.
• Assistant Enforcement Officer will become Enforcement Officer in 4-5 years.
• Income Tax Officer will become Assistant Commissioner, then Deputy Commissioner and Finally Commissioner.
• Assistant in CSS will be promoted to the next post – SO (which is a Group-B Gazetted Officer post) and can go up to Joint Secretary.

Promotions in Banks happen every 2-3 years on the following scale:

• Bank PO
• Assistant Manager
• Branch Manager
• AGM
• GM

Promotion in banks are faster as the Banking Policies ensure a steady procedure for promoting a probationary officer at regular time period.On the other hand in SSC CGL, all depends upon your concerned department.

SSC CGL vs IBPS PO #8: Social Status in Society:

Well, let’s take a real life scenario here.You might behave a lot of your relatives working in the bank, Let’s say your uncle is in Uco Bank and your cousin is in Corporation Bank. Yes everybody has a number of relatives working in banks. Have you ever boast of it.But how many people you know are Income Tax or Excise Inspector. A very few.The rarer the better.
People generally relate this to social status (yeah you got it right). People who are recruited in top SSC jobs definitely enjoy a high social status as compared to their counterparts working in Banks. Not only this: You become ‘Gazetted Officer within 3 years of your joining in SSC CGL.

SSC CGL vs IBPS PO # Final Verdict

Thus both have their own pros and cons. If you look at social status and, You can opt for SSC CGL.

On the other hand, if you like to do daily routine work then you may opt for IBPS PO.

Here’s a list of Pros and Cons of both SSC CGL and Bank PO.

SSC CGL

• High chances of promotion
• Respect in the society
• Immense Power
• Overall exposure

Cons

• Remote Postings.
• Bureaucratic Pressure

IBPS PO

Pros

• High promotion chances
• Low Transfer cycle
• Better Salary
• Lower loan rates

Cons

• Rural Postings.
• Customer Dealings