Promotion Structure in Banks: Everything You Need to Know!

Promotion Process and Structure in Banks

Promotion Structure in Banks

Read here about the promotion structure in banks to learn about the career progression of POs and Clerks in banks

A ‘Bank PO’ is a job position that is desired by many. Being one of the most prestigious and coveted jobs in the industry, a Bank PO holds quite a lot of respect and dignity. For all the candidates who aspire for a government job, bank PO is a really good catch.

In this article, we will learn all about the promotion structure in Public Sector Banks to understand the career progression of POs and Clerks in Banks.


Promotion Structure in Banks

Candidates willing to go for a bank job need to apply through the IBPS recruitment process which conducts exams like IBPS PO, IBPS Clerk and IBPS SO and gives a golden opportunity to all job aspirants. It secures your future, gives direction to your long-term goals and helps you in building an exceptional career path for yourself. But how is that possible? Why do we say that a bank job is a secure or a beneficial job?

Also see: IBPS Exam Calendar 2022

What is the Promotion Structure in Public Sector Banks?

The bank PO promotion hierarchy in Public Sector Banks (PSBs) has been provided in the table below.

POScale IJunior Management Grade
ManagerScale IIMiddle Management Grade
Senior ManagerScale IIIMiddle Management Grade
Chief ManagerScale IVSenior Management Grade
Assistant General ManagerScale VSenior management Grade
Deputy General ManagerScale VITop Management Grade
General ManagerScale VIITop Management Grade
Executive Director (ED)
Chairman and Managing Director (CMD)

Bank Promotion Structure 

After you qualify all stages of a bank PO examination, you will join as a PO (Probationary Officer) also referred to as Assistant Manager and will be permanent in the job after two years of probation. You can move further in the growth process through the following steps:

  1. The main objective of the JAIIB course is to provide basic knowledge and information about the banking job, tasks, and functioning. CAIIB is a specialization course where the candidate is required to attempt three papers and one of the papers is elective.
  2. Both the exams for these courses are conducted online and twice a year.
  3. It is advisable that the bankers join the JAIIB course immediately after joining.
  4. You will be entitled to get two increments through both these courses which will be attached to your job for a lifetime and thus will lead to extra income around 10-20 Lakh.
  5. Depending on the vacancies available at any point, CAIIB will give an advantage in the promotion for Scale II and will help in answering the interview questions and give an edge over those who could not qualify CAIIB.

All You Need to Know About IBPS PO Promotion

Let us learn more about the salary, job profile and promotion opportunities of an IBPS PO.

IBPS PO Promotion & Job Profile

Essentially, the IBPS Probationary Officer carries out a number of diverse tasks that ensure that the Bank/Branch office functions smoothly. The IBPS PO is responsible for undertaking the following:

IBPS PO Promotion Structure

IBPS PO Salary

The IBPS PO basic salary is ₹36,000 per month. Additionally, they also receive other perks and benefits as listed below.

All You Need to Know About SBI PO Promotion

SBI PO Job Profile

The SBI PO is an entry-level job. It involves doing a number of varied tasks that are assigned from time to time. Further, this job offers excellent opportunities for career progression and taking up bigger responsibilities in the future. As a PO, your responsibilities will include opening bank accounts for customers, Yono registration, issuing ATM/chequebook, doing KYC and processing loans, arranging documents and more.

SBI PO Salary Structure

SBI PO Pay Scale– ₹36000-1490/7-46430-1740/2-49910-1990/7-63840

SBI PO Basic Pay– ₹41,960

Also see: Free Mock tests for SBI PO Prelims 

SBI PO Career Growth and Promotion

Take a look at the SBI PO career progression scale in the table below.

Junior Management Grade Officer i.e. PO (you start here)Scale 1
Middle Management Grade i.e ManagerScale 2
Middle Management Grade i.e Senior ManagerScale 3
Senior Management Grade i.e Chief ManagerScale 4
Senior Management Grade i.e Assistant General ManagerScale 5
Top Management Grade i.e Deputy General Manager Scale 6
Top Management Grade i.e General ManagerScale 7
Chief General Manager (CGM)
Deputy Managing Director (DMD)Managing Director (MD)
Scale 8

Do not get swayed by various opinions around you and try to stay focused and motivated to achieve your dream job. You may come across some negative opinions from people who are unable to succeed or move up the ladder but you need to realize each one of you is different and your hard work, determination and clarity towards your goals will only play a major role.

We recommend that you explore all your options by taking a look at the upcoming bank exams 2022-2023!

All the best for your future from Team ixamBee!

To help you prepare 50% faster for competitive exams, ixamBee provides free Mock Test Series all the Current Affairs in English and Current Affairs in Hindi in the BeePedia capsules for GA Preparation. You can also get the latest updates for Bank PO, Bank Clerk, SSC, RBI  NABARD and Other Government Jobs.

Also Read

SBI Clerk Salary 2022: In Hand Salary, PayScale and Perks

RBI Grade B Salary: RBI Grade B Salary After 7th Pay Commission

In- Hand Salary of an IBPS PO

IBPS PO 2021 Mains Exam Analysis (Held on January 22, 2022)

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