Banking sector provides immense job opportunities for fresh candidates. It is considered as one of the best career gateways in the current scenario. Recruitment is conducted on the basis of written test and personal interview. Job security, career growth, attractive remuneration and social status are the important factors that attract candidates to start their career in banks. Banking sector is one of those sectors that provide good opportunities and emoluments for fresh candidates.

Career Growth

Candidates who have completed higher secondary examination with a minimum of first class marks can start their career by joining as probationary clerk in private as well as public sector banks. Recruitment is conducted on the basis of written tests and personal interview conducted by the banks concerned. No other industry provides this much job opportunities for candidates who have higher secondary education. Fresh graduates in any stream can seek employment as probationary officer in banks with attractive pay packages. Banks offer plenty of job opportunities for candidates who have no professional experience. Within a few years candidates can get promotions and earn higher pay scales in banking sector.

Remuneration

Fresh candidates who have higher secondary education can earn up to Rs 15,000/- per month as starting salary in banking sector. Graduates who join as probationary officers can earn up to Rs. 22, 000/- per month. Apart from this, candidates can earn allowances and other perks in banking industry. Interest free loans and their quick approval are the other benefits that a bank employee can avail. This facility is provided by certain banks.

Candidates who work in private sector banks can earn salary hikes on the basis of their performance. Bonuses and performance related incentives are also provided by banks.. Sales staffs in private sector banks can earn good incentives in addition to their basic salary. Banks provides retirement and pension plans as well for its employees.

Social Status and Job Security

Banking jobs provide good reputation in the society. Candidates who work as officers in public sector banks enjoy good social status. Candidates who work in public sector banks have a sense of job security as Government of India has a majority stake in it. Most of the banks provide extra allowances such as tour packages, holiday homes, and quarter’s facilities.