SBI new update

Finally, the most keenly awaited SBI PO Exam is here, with 2, 403 vacancies on offer. There is great buzz all around as it opens your gateway to the most prestigious and rewarding job of all. You have enough time on hands to prepare well for it and make it really happen. But given the intense competition among the lakhs of aspirants, only those willing to put in their 100% will emerge successful. It’s high time you worked hard and made a career-changing difference in your life.

Knowing a bit more about SBI and its work culture would help you understand and put the things in proper perspective.

About SBI

State Bank of India, a public sector banking and financial services company, headquartered in Mumbai, is a banking behemoth and commands 20% market share in deposits and loans among Indian banks. After the proposed mergers of its associate banks with it this year, it will have a combined asset base of Rs. 37 lakh crore, propelling it to among Top 100 Banks globally.

In 2016, the Google search trends indicated SBI jobs to be one of the most searched keywords as compared to other banks. SBI was ranked among Fortune Global 500 companies in 2016. Besides, it was the 29th most reputed company globally as per Forbes rankings. SBI is also one of the Most Trusted Brands in India as per the Brand Trust Report. Despite being a sarkari bank, it follows extremely advanced Human Resources practices, which are on par with those of the most advanced global corporations worldwide. So you can expect to find a professional, congenial work atmosphere empowered by the latest management practices.

Why SBI?

* Excellent Salary

* Wide branch network

* All round development

* Cross-functional exposure

* Good HR Culture  

* Global banking exposure   

* Job security

* Good training facilities

Role and Responsibilities

Understanding the profile, role & responsibilities of a SBI PO will not only save you from unexpected surprises while on duty but also gives you an extra edge while answering the interview questions. All selected POs will be on a 2-year probation, after which, they are assessed and confirmed as permanent employees.

Job Profile

The job profile of a SBI PO is little bit different from that of a Bank PO in other banks. You will be posted as JMG – Scale 1 in different branches i.e. Local Head Office, Regional Office, SME Branch, General Banking branch or Special Branches or Corporate Office or Zonal Offices or elsewhere. You will be learning about

  1. The nitty gritties of General Banking
  2. Marketing of New Schemes
  3. Bringing New Business

There is great focus on marketing and cross-selling also. Hence it is also a major part of a SBI PO’s Job Profile.

The Rewards

The pay scale for SBI PO is: Rs. 23700-980/7-30560-1145/2-32850-1310/7-42020 applicable to Junior Management Grade Scale-I. Currently, the starting basic pay is Rs. 27,620/- (with 4 advance increments).

Besides, you will also be eligible for D.A, H.R.A/Lease rental and other allowances & perquisites. The allowances vary depending upon the place of posting. The total compensation per annum would be between Rs. 7.55 lakh and Rs. 12.93 lakh depending on the place of posting and other factors.

 

The SBI also plans to offer SMART Compensation Package which would enable candidates a choice to monetize specific elements of the salary package. It is also all set to chalk out plans, regarding offering work from home option to its female employees in order to retain them.

For more visit our website gyanm.in

SBI New Pattern

The SBI PO Exam, tentatively fixed for April-May 2017, will be conducted in three phases i.e.

  1. Online written Preliminary examination
  2. Mains examination and
  3. Group exercises/Interview 

Payment of Application Fees/Intimation ChargesFeb 7, 2017 to March 6, 2017

Group Exercises & Interview

Pre-Examination Training for SC/ST/Religious Minority Community candidates

Preliminary Examination  Date
On-line registration and Modification of Application by candidates Feb 7,2017 to March 6, 2017
Download of call letters for Preliminary Exam March 15, 2017 onward
Preliminary Examination 29th,30th April and 6th & 7th May, 2017
Preliminary Examination Results May 17, 2017
Mains Examination
Download of Call letter for Online Mains Exam 22-05-2017 onward
Online Mains Examination June 4th,2017
Mains Examination Results June 19th, 2017
Download of Call Letter for Interview June 26th, 2017
Conduct of Group Exercises & Interview July 10th, 2017 Onwards
Final Results August 5th, 2017
Download of call letters for Pre-Exam Training April 7, 2017 onwards
Conduct of Pre-Exam Training April 17,2017-April 22,2017
Test Structure
A) Preliminary Examination

 

Sr.No Name of Test Questions Marks Time
1. English Language 30 30 Composite 1 Hour
2. Numerical Ability 35 35
3. Reasoning Ability 35 35

There is negative marking of ¼ marks for every wrong answer.

You need to qualify in each test by securing the minimum pass marks to be decided by the Bank. The number of candidates to be short listed for the Main Examination will be approximately 20 times the numbers of vacancies 

B) Mains Examination

The Main Examination will consist of Objective Tests for 200 marks and a Descriptive Test for 50 marks. Both the Objective and Descriptive Tests will be held online. The candidates will have to answer Descriptive test by typing on the computer. Immediately after completion of the Objective Test, the Descriptive Test will be administered.

Descriptive Test: Test of English Language (Letter Writing & Essay) – 50 Marks, 30 Minutes

NOTE: The Descriptive Test papers of only those candidates will be evaluated who have scored qualifying marks in the Objective Tests and are placed adequately high as per total marks in the objective test.

C) Phase – III: Group Exercises (20 marks) & Interview (30 marks)

Adequate number of candidates in each category, as decided by the Bank will be called for Group Exercises and Interview. The qualifying marks in Group Exercises &Interview will be as decided by the Bank.

Age Limits: (As on 01.04.2017): Not below 21 years and not above 30 years as on 01.04.2017 i.e. candidates must have been born not earlier than 02.04.1987 and not later than 01.04.1996 (both days inclusive)