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What Are The Perks Of Being A Banking Professional?

By Aishwarya Bhatt    February 21st, 2018         

The banking sector is growing at an unprecedented pace in India with 46 foreign, 27 public sector, 56 regional rural and 26 private sector banks. The recent RBI directive regarding mobile wallets have strengthened the economy and the financial ecosystem even further. Thus, banking has become a very lucrative career as it offers numerous perks and benefits.

1) Unmatched Remuneration:

Bankers get some of the best salaries compared to the other traditional corporate domains. Depending on the seniority and performance, bankers also get handsome bonuses and other exciting incentives. Performance-based incentives help bankers to work hard and achieve their targets in the most definite manner.

2) Creative Challenges:

Perhaps bankers have the most evolving jobs of all. And that is because, new forms of businesses and other sources are generating money like never before and thus the bankers have to constantly evolve and further their roles and responsibilities. What's more, internet and mobile banking have made sure that the role of a banker has become more multi-faceted than ever before. At the senior level, the challenges just continue to increase with the global financial entities. Thus, bankers have one of the most stimulating, challenging and creative jobs.

3) Job Security:

In these times of constant upheavals, any job that offers job security is quite valued and desired. In this regard, a banker in a public sector bank can perform at their optimum best without any fear of pink slips or downsizing due to immense job security. Hence, it is no surprise that a banking job is highly preferred and is also the right fit for an ambitious person.

4) Options, Options and More Options:

The banking sector offers immense diversity because it has a plethora of profiles that a banker can choose from. Depending on your profile, interest, educational background and aptitude you are sure to find the perfect job for yourself. Numerous options range from Financial Analyst, Account Manager, Mutual Funds Manager, Bank Probationary Officer, to even a subtle mix of Tech+Finance in the role of a Specialist IT Officer. All in all, there are a plethora of roles and options to choose from and are sure to appeal to you.

5) Numerous Travel Options:

In case if you love to travel and explore more places then a banking career is just for you. That is because you will numerous postings across India and abroad, as well (in some banks). This way, you can also satiate the inherent traveller in your soul by experiencing the sheer diversity that India offers. 

6) Job Satisfaction:

A banking job is a very rewarding job and thus, job satisfaction is almost guaranteed. It is quite a lucrative job with numerous perks, exciting bonuses, top-notch salaries and creative challenges and hence, it offers a high level of job satisfaction. So if you are ambitious and love challenges without compromising on job satisfaction then you should definitely consider a job in the banking sector.

7) Serving the Public:

Serving in a bank gives you the opportunity to work closely with the common public and serve their needs and get respect in return. Plus, you may also play a crucial part in numerous financial government schemes, which will impact the society in the most positive way. Banks not only accord you a platform to serve the public but also to work towards the betterment of the society.

We are sure that by now you must have realised the exciting and thrilling lives that bankers lead. They have to work creatively, think on their feet and experience the most thrilling challenges. It is a job, unlike any other and it also commands immense respect apart from loads of job-satisfaction.