PO Full Form

PO full form is Probationary Officer. In Indian banks, a probationary officer is considered  trainee level employment and is the first level in the banking organization to function at an officer cadre. A probationary officer should complete a probationary period of one year to two years based on the bank, after entering the financial institution. Employment in the banking industry is a transferable profession in which the probationary officer is required to operate for a maximum duration of three years in a single branch. A career as  Bank Probationary Officer (PO) requires handling client complaints and dealing with other service difficulties These work allocations could be given to the officers for tasks like check processing, account opening, foreign exchange, credit rating, loans, treasury etc.

What is PO Full Form?

The full form of PO is Probationary Officer. A Probationary Officer (PO) is basically an Assistant Manager belonging to Scale I in a bank. The designation of the Bank PO is a Junior Manager of Grade I scale and hence called Scale I Officer. After the selection process is done, a Probationary Officer has to go through a rigorous training program at the Institute of Banking Management where they are trained. The probation period of a PO may last for 2 years depending on the performance. The duration again varies from bank to bank depending on their policy.

Role of a Bank PO

A Bank PO is trained on various verticals such as finance, accounting, billing, investment process etc during his/ her probation period in order to train them with various working procedures of the bank. This is generally done by endowing them with responsibilities and jobs in these categories.

The significant purpose of the bank is to provide optimal service to its customers. A Bank PO has to make sure that the business of the bank keeps on growing by ensuring maximum customer satisfaction, 

Bank PO Recruitment details

Every year all the government, as well as the private banks, conduct Bank PO exams to recruit young officers by releasing vacancies on their official website. The major banks participating in the Bank PO recruitment process are given below:

• State Bank of India

• Allahabad Bank

• Bank of Baroda

• Bank of Maharashtra

• Punjab National bank

• Oriental Bank of Commerce

• ICICI Bank

• Cooperative Bank

• Corporation Bank

• Syndicate Bank

• HDFC Bank

Bank PO Recruitment 

IBPS or the Institute of Banking Personnel Selection conducts the IBPS PO exam every year to hire officers for different banks in India according to the vacancy released. Interested candidates should check the official website to get an update on the recruitment process. The private and public sector banks also conduct the respective exams to recruit officers apart from IBPS.

What is the Eligibility for Bank PO?

• Before applying for the post of PO, it is necessary to check the eligibility criteria provided for this examination. A candidate must be between 21-30 years of age while applying for the Bank PO exam.
• Age relaxation of 5 years is given to candidates belonging to SC and ST category. The candidates belonging to OBC categories are given the respective age relaxation of 3 years. The ex-servicemen and the candidates holding Jammu and Kashmir quota are also eligible for age relaxation of 5 years.
• Apart from this, the minimum educational qualification of the candidate is graduation from a recognised University.
• A candidate must also not hold any criminal record background. If found guilty, their candidature is likely to get canceled.

Bank PO Syllabus and Exam Pattern

Recruitment is generally conducted in a three steps process. The first two-phases include written tests:preliminary exams and mains exam respectively. The third step is the interview process after clearing the mains. The candidates selected after the first two rounds can only appear for the interview round. After getting selected in these three rounds, a merit list is created based on the candidate’s performance. The ones who make it to the list are selected for the post of PO, full form of which is Probationary Officer.

The syllabus of the Bank PO exam is designed to assess the candidate’s aptitude level as well as their knowledge of general awareness. The preliminary paper is divided into three respective sections- Quantitative Aptitude, Reasoning and Verbal Ability. The main paper consists of five sections namely- General Awareness, Computer Knowledge, Quantitative Aptitude, Reasoning and Verbal Ability. However, this pattern of the syllabus again differs from bank to bank. To crack the Bank PO exam, proper knowledge about the syllabus is a must. Solving mock test papers or Test-series can be an effective option.

Bank PO Salary structure

The banks pay their probationary officers quite handsome salaries. The basic income of an IBPS PO is Rs 36,000. In addition to this basic pay, the officers are also eligible for various perks and allowances such as Dearness Allowance (DA), House Rent Allowance (HRA), CCA, special allowance etc. Therefore, the total in-hand salary amounts to Rs 52,630 to Rs 55,200 per month inclusive of all allowances.

Bank PO Career Growth

The growth in this field of Bank PO is quite fast. One can get promoted to Grade II officer within 3-5 years of the service. The POs are required to take a few written examinations and go through an interview process to get promoted to a higher designation or rank. In the process of promotion, one can easily get promoted to the position of Manager, Assistant General Manager, General Manager etc.