What is the full form of PO

PO: Probationary Officer

PO stands for Probationary Officer. A Probationary Officer is a person who looks after the overall management system of a bank or organization that is linked with the banking sector.

It is a new recruitment position in Indian banks. Aside from being a Management Trainee and a Special Officer, the Probationary Officer (PO) position is one of the most interesting jobs in the banking industry. Since new candidates are confined to a probationary period, this job is known as a Probationary Officer.

Banking Jobs are quite in demand nowadays. One such post is the Probationary Officer at the Bank. In the banking field, it is called Junior Management Grade-1. During the probation period, the trainee must complete the tasks given by their seniors and work assigned to them in different areas of banks, such as new account opening, processing of cheques, exchange of currency, loans etc. During the entire probation period, the Bank has the complete authority to fire the employee from his/her service.

Eligibility Criteria

• In order to apply for the post of Bank PO, an applicant must have a bachelor's or master's degree from a recognised institution.
• Candidates who are waiting for the results of their bachelor's and master's or master's degrees, or any other exam, are also eligible to apply for the entrance exam.
• Candidates applying for this entrance exam must also be at least 18 years old. This exam requires a minimum age of 18 years. Some categories like SC/ST/OBC are given relaxation for 3 to 5 years, depending on the category.
• Applicants should not hold any type of criminal history.

Subjects to be Chosen for the Post of PO

Candidates from various backgrounds are eligible for the position of PO. Subject combinations with Economics, Math, English, and Business Studies at the 10+2 level are best suited for applying for the position of PO. Masters of Business Administration, Accounting, Business, Finance, and Economics are among the best degrees for establishing careers in the banking sector as a Probationary officer.

Entrance Examinations for the post of Probationary Officer

Students applying for the post of PO have to give entrance exams. Some of the common PO exams conducted are as follows:

1. SBI PO: This Exam is conducted by the State Bank of India for the post of Probationary Officer. In Phase I of the examination, the paper is divided into Part A and Part B, which consists of objective and subjective papers.
2. IBPS: This Exam is conducted by the Institute of Banking Personnel Selection for the post of Probationary Officers in various Public Sector Banks. The first paper is prelims and the second is the mains.

Procedure to become a Probationary Officer

There are a few steps an applicant must follow to aspire to a career as a PO in the banking sector.

1. The first step for all the students is to choose subjects from school till graduation level appropriately as it helps the students to clear entrance exams. The post of Probationary Officer usually accepts students from all streams such as Arts and Commerce backgrounds. Students are advised to keep commerce-related subjects in their higher secondary and graduate degrees.
2. The second step is preparation for entrance exams. The cut-off rate and performance in the entrance exam decide whether an applicant will be selected or not. For a strong preparation for the entrance examination, various study materials and resources are available, and practising various mock tests will be helpful.
3. The third step is to select an appropriate college and pursue degrees like B. A B.B.A and B.Com.
4. And in the final step after qualifying for the examination, the candidate has to give a personal interview followed by a training period and then he/she is posted for 2 years as a PO at the bank branch.

Salary of a Probationary Officer

The salary of a Bank PO is an important consideration for most students who apply for the role. A PO's salary increases with length of service and is very safe and secure for a good life. A PO's salary is decided by the bank they work for as well as their level of seniority in the position. The salary for the post of PO ranges from 2.5 lakh to 8.5 lakh per annum, depending on years of experience.