{"id":538,"date":"2019-02-01T05:53:51","date_gmt":"2019-02-01T05:53:51","guid":{"rendered":"https:\/\/www.ixambee.com\/blog\/?p=538"},"modified":"2021-02-11T14:17:59","modified_gmt":"2021-02-11T08:47:59","slug":"ibps-po-or-sbi-po-which-one-is-better","status":"publish","type":"post","link":"https:\/\/blog.ixambee.com\/ibps-po-or-sbi-po-which-one-is-better","title":{"rendered":"IBPS PO or SBI PO: Which One is Better?"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">DILEMMA!!<\/span> <span style=\"font-weight: 400;\">is a word that finds its place in the lives of most people today. We have lot many opportunities in today\u2019s age and thus lot many choices to select from. A state when you are in a dilemma is generally followed by a state of mess, chaos and mismanagement. If you are a serious aspirant who is aiming for a good career in the government sector , specifically the banking sector , then the major questions that may come to your mind are :- Should I go for PO or<\/span> <span style=\"font-weight: 400;\">CLERK?<\/span> <span style=\"font-weight: 400;\">If going for clerk, then should I go for<\/span> <a href=\"https:\/\/www.ixambee.com\/blog\/ibps-clerk-vs-ibps-rrb-clerk-which-one-is-better\"><b>IBPS CLERK or IBPS RRB CLERK<\/b><\/a> <b>?<\/b><span style=\"font-weight: 400;\"> If opting for PO, should I go for <\/span><b>IBPS PO or SBI PO? <\/b><span style=\"font-weight: 400;\">This choice between an <\/span><b>IBPS <\/b><span style=\"font-weight: 400;\">PO and <\/span><b>SBI<\/b><span style=\"font-weight: 400;\"> PO is one of the most significant and difficult questions that a banking aspirant faces. Though the profiles for both these jobs are almost the same, the main difference lies in the employing organizations, and thus the working conditions and environment. SBI PO has always been one of the most awaited and preferred jobs followed by IBPS PO<\/span><b>.<\/b><\/p>\n<h3><span style=\"font-weight: 400;\">Let\u2019s look at the major points of distinction that may give a clear insight into the actual scenarios of both the jobs of <\/span><b>IBPS PO<\/b><span style=\"font-weight: 400;\"> and <\/span><b>SBI PO<\/b><span style=\"font-weight: 400;\"> and make it easier for you to decide.<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Here , we will discuss some points which may bring out the similarity and difference <\/span><\/p>\n<h2><b>IBPS PO vs SBI PO &#8211; \u201cDESIGNATIONS\u201d<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">If you join in any commercial bank, as a <\/span><b>PO<\/b><span style=\"font-weight: 400;\">, that is listed under IBPS, you will be designated as \u2018Officer Scale &#8211; I\u2019 or \u2018Assistant Manager\u2019 on a probation for a period of 2 years, thus commonly called \u2018Probationary Officer\u2019.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">If you join as a PO in SBI ( State Bank of India), you will be given the designation of Junior Management Grade &#8211; I Officer.<\/span><\/li>\n<\/ul>\n<h2><b>IBPS PO vs SBI PO &#8211; \u201c Job Profiles\u201d<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The posts being the same, you can expect the work profiles to be almost similar. But, as pointed earlier, the main difference lies in the employing organizations, i.e. <\/span><b>IBPS<\/b><span style=\"font-weight: 400;\"> &#038; <\/span><b>SBI<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The basic duties and tasks do remain the same, but on a larger scale, the tasks start differing when it comes to the business and scale of work in both the organizations. While being on probation, a PO\/MT may be expected to work on anything and everything, irrespective of the level of task. It may be an assistant level job or a higher level job. This helps in training the candidate well in advance for the upcoming challenges and tasks that might come his\/her way while performing the assigned duties, once he\/she becomes an officer after the completion of the probation period. Also, taking up all kind of tasks helps acquainting the person with the working and procedures of a bank.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Let\u2019s look at some of the major tasks that both <\/span><b>IBPS PO<\/b><span style=\"font-weight: 400;\"> and <\/span><b>SBI PO<\/b><span style=\"font-weight: 400;\"> are entrusted with :-<\/span><\/p>\n<h2><b>IBPS PO &#038; SBI PO : Tasks &#038; Responsibilities<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">An <\/span><b>IBPS PO \/ SBI PO<\/b><span style=\"font-weight: 400;\"> is expected to be trained well , in all capacities related to finance, accounting, billing, investment and marketing. He\/ she is expected to work in the direction of increasing the respective bank branch business, as soon as he \/ she is posted to a particular branch, which may be in any region \/ area.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">An <\/span><b>IBPS PO \/ SBI PO<\/b><span style=\"font-weight: 400;\"> issues drafts, cheques, ATM cards etc.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">An <\/span><b>IBPS PO \/ SBI PO<\/b><span style=\"font-weight: 400;\"> is expected to perform the managerial tasks and also supervise \/ verify the work being done in the branch by the lower level staff, along with taking care of the loan related documents.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Another major task that an <\/span><b>IBPS PO \/ SBI PO<\/b><span style=\"font-weight: 400;\"> has to perform is working as the \u2018public relations officer\u2019, as a bank job is nothing but dealing with the customers on a daily basis.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">A bank <\/span><b>PO <\/b><span style=\"font-weight: 400;\">is<\/span> <span style=\"font-weight: 400;\">also expected to stay updated with all the recent developments in the banking industry that may involve reading all the recent circulars and news that comes across on a regular basis.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">A <\/span><b>PO <\/b><span style=\"font-weight: 400;\">also needs to always be ready to address customer complaints, whenever they arise and resolve them as early as possible<\/span><\/li>\n<li style=\"font-weight: 400;\"><b>\u2018Report filing\u2019<\/b><span style=\"font-weight: 400;\"> is also one of the important tasks that a bank <\/span><b>PO<\/b><span style=\"font-weight: 400;\"> needs to work on. You will be expected to generate reports of the daily operational transactions like deposits, withdrawals, ledger balances, etc.<\/span><\/li>\n<\/ul>\n<p><b>SBI<\/b><span style=\"font-weight: 400;\"> being one of the biggest banks, involves work on a larger scale that is followed by bigger opportunities that may come at a slower pace in other commercial banks. On the work front, the pressure and responsibilities are very much similar in both <\/span><b>IBPS &#038; SBI PO , <\/b><span style=\"font-weight: 400;\">but if someone wants a job full of challenges and fast growth, SBI may be a fair choice.<\/span><\/p>\n<h2><b>IBPS PO vs SBI PO &#8211; \u201c In-hand Salary\u201d<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Delivering the same kind of responsibilities and performing similar tasks , the pay of a PO in both the cases falls on the same line, except some minor differences in the numbers. The main difference that lies here is the organizations that employ you as an officer (PO).<\/span><\/p>\n<h4><b>In &#8211; hand Salary of an IBPS PO <\/b><b>: <\/b><\/h4>\n<ul>\n<li><b><span style=\"font-weight: 400;\">The basic salary of an<\/span> IBPS PO <span style=\"font-weight: 400;\">is<\/span> Rs 23700.00<\/b><\/li>\n<li><b><span style=\"font-weight: 400;\">An<\/span> IBPS PO <span style=\"font-weight: 400;\">is entitled to some other <\/span>Special Allowances <span style=\"font-weight: 400;\">equal to <\/span>Rs,1836.75<\/b><\/li>\n<li><b>Other entitlements of an IBPS PO officer &#8211;<\/b><\/li>\n<\/ul>\n<ol>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">DA or Dearness Allowance &#8211; Rs, 10163.63<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">CCA or City Compensatory Allowance &#8211; Rs, 870<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">HRA or House Rental Allowance &#8211; Rs 2133<\/span><\/li>\n<\/ol>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Thus, the <\/span><b>total in-hand salary<\/b><span style=\"font-weight: 400;\"> of an IBPS PO will amount to <\/span><b>Rs, 38703.38<\/b><\/li>\n<\/ul>\n<h4><b>In &#8211; hand Salary of SBI PO :<\/b><\/h4>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The basic salary of an <\/span><b>SBI PO<\/b><span style=\"font-weight: 400;\"> is <\/span><b>Rs. 23700<\/b><span style=\"font-weight: 400;\">. <\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The SBI Probationary Officer gets 4 advance increments of <\/span><b>Rs 980<\/b><span style=\"font-weight: 400;\"> which will be added to the basic pay, which makes the total of basic salary &#8211; <\/span><b>Rs. 27620<\/b><span style=\"font-weight: 400;\">. <\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">An SBI PO is entitled to receive the following allowances &#8211;<\/span><\/li>\n<\/ul>\n<ol>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Dearness Allowance &#8211; Rs 12677<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">City Compensatory Allowance (CCA) -Rs. 870<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Special Allowance &#8211; Rs. 2140<\/span><\/li>\n<\/ol>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"> The total earnings of an SBI PO before \u2018Deductions\u2019 amount to <\/span><b>Rs. 43,307. <\/b><span style=\"font-weight: 400;\">Some other smaller allowances including Newspapers, Entertainment Allowance, Conveyance etc.are also provided which amount to Rs. 4130 along with the <\/span><b>HRA<\/b><span style=\"font-weight: 400;\"> of Rs. 2486<\/span><\/li>\n<li style=\"font-weight: 400;\"><b>Deductions<\/b><span style=\"font-weight: 400;\"> &#8211; <\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">PF (10% of Basic) = Rs. 2762<\/span><\/p>\n<p><span style=\"font-weight: 400;\">NPS (10% of Basic+DA) = Rs. 4000<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Income Tax = As per govt norms.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Total <\/span><b>In-hand salary <\/b><span style=\"font-weight: 400;\">of an SBI PO amounts to <\/span><b>Rs 40,000 \/ month<\/b><span style=\"font-weight: 400;\">.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">As can be seen, both the organizations reward their employees to almost the same extent.<\/span><\/p>\n<h2><b>IBPS PO vs SBI PO &#8211; \u201c WORK PRESSURE\u201d &#038; \u201cENVIRONMENT\u201d<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">If we compare both the jobs with respect to their organizations, we cannot give any fixed judgement. Both the jobs , as discussed above, expect you to do the same kind of tasks and hold similar responsibilities , whether it is <\/span><b>IBPS PO<\/b><span style=\"font-weight: 400;\"> or <\/span><b>SBI PO<\/b><span style=\"font-weight: 400;\"> so there is not much to decide here, except few points.<\/span><\/p>\n<ul>\n<li><b><span style=\"font-weight: 400;\">An IBPS PO, may not feel too pressurized or stressed out as compared to an SBI PO, as the area of work is visibly larger in SBI, being the largest bank of India.<\/span><\/b><\/li>\n<li><b><span style=\"font-weight: 400;\">The postings may not be too different, as both organizations employ \/post their employees in similar areas \/ regions. <\/span><\/b><\/li>\n<li><b><span style=\"font-weight: 400;\">Pressure of loan approvals is almost the same in both organizations, except that SBI has naturally larger business and hectic work schedules and comparatively larger targets to reach.<\/span><\/b><\/li>\n<\/ul>\n<h2><b>IBPS PO vs SBI PO &#8211; \u201cPerks &#038; Benefits\u201d<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">A bank <\/span><b>PO<\/b><span style=\"font-weight: 400;\"> is entitled to receive some basic perks and benefits which add an advantage to this prestigious job. The main facilities provided to a bank officer are:<\/span><\/p>\n<ol>\n<li><b>Leased Rental Accommodation &#8211; <\/b><\/li>\n<\/ol>\n<p><b>IBPS PO<\/b> &#8211; Official bank accommodation is provided as leased accommodation.<\/p>\n<p><span style=\"font-weight: 400;\"> \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span><b>SBI PO<\/b><span style=\"font-weight: 400;\"> &#8211; Leased accommodation range from <\/span><b>INR 8,000<\/b><span style=\"font-weight: 400;\">\/- in \u2018C\u2019 category Centers to INR \u00a0<\/span><b>29,500\/-<\/b><span style=\"font-weight: 400;\"> in Mumbai Centre.<\/span><\/p>\n<ol start=\"2\">\n<li><b> Travel Benefits &#8211;<\/b><\/li>\n<\/ol>\n<p><b> \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0IBPS PO &#8211; <\/b><span style=\"font-weight: 400;\">An IBPS PO can own a vehicle from Bank\u2019s side in place of petrol bills. He\/she will also be provided with the facility of staying at banks\u2019 guest houses while visiting various places across India.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> \u00a0\u00a0\u00a0\u00a0\u00a0<\/span><b>SBI PO &#8211; <\/b><span style=\"font-weight: 400;\">An SBI PO is also entitled to stay at any of the bank\u2019s guest houses while travelling across India along with travel concessions while visiting different places.<\/span><\/p>\n<ol start=\"3\">\n<li><b> Medical Benefits &#8211;<\/b><\/li>\n<\/ol>\n<p><b>\u00a0 \u00a0 \u00a0 \u00a0IBPS PO &#8211; <\/b><span style=\"font-weight: 400;\">An IBPS PO receives an amount of Rs 8,000 per annum as medical aid.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span><b>SBI PO &#8211; <\/b><span style=\"font-weight: 400;\">SBI offers 100% medical facilities to the employees and 75% to their family \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0members.<\/span><\/p>\n<h5><b>IBPS PO vs SBI PO &#8211; Which one to choose? <\/b><\/h5>\n<p><span style=\"font-weight: 400;\">Eventually , the question is which one should you finally choose?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Whichever job you choose between <\/span><b>IBPS PO &#038; SBI PO<\/b><span style=\"font-weight: 400;\"> is entirely for you to decide, after going through all the above mentioned points. The prospects and facilities offered by both these jobs are similar. Both the jobs come with equal dignity and respect, almost similar benefits and perks. The decision of choosing one over the other totally depends on individual preferences, abilities and goals. What you choose will not make a big difference to your career, if you work hard enough in whichever field you enter.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">CHOOSE WISELY !<\/span><\/p>\n<p><b>All The Best !<\/b><\/p>\n<p><b>Also Read- <\/b><\/p>\n<p><a href=\"https:\/\/www.ixambee.com\/blog\/2019-ibps-po-vs-ibps-so-which-one-to-choose\"><b>IBPS PO \u00a0vs IBPS SO: Which One to Choose?<\/b><\/a> <span style=\"position:absolute;visibility: collapse;\"><a href=\"https:\/\/credit-n.ru\/zaymyi-next.html\">\u0432\u0438\u0432\u0443\u0441 \u0437\u0430\u0439\u043c \u043e\u0442\u0437\u044b\u0432\u044b<\/a><a href=\"https:\/\/credit-n.ru\">\u0431\u044b\u0441\u0442\u0440\u044b\u0439 \u0437\u0430\u0439\u043c \u043d\u0430 \u043a\u0430\u0440\u0442\u0443 \u0441\u0431\u0435\u0440\u0431\u0430\u043d\u043a\u0430 \u043e\u043d\u043b\u0430\u0439\u043d \u0431\u0435\u0437\u043e\u0442\u043a\u0430\u0437\u043d\u043e \u0431\u0435\u0437 \u043f\u0430\u0441\u043f\u043e\u0440\u0442\u0430<\/a><a href=\"https:\/\/credit-n.ru\/zaymyi.html\">\u0437\u0430\u0439\u043c \u043d\u0430 \u043a\u0430\u0440\u0442\u0443 \u043c\u0430\u044d\u0441\u0442\u0440\u043e \u0431\u0435\u0437\u0440\u0430\u0431\u043e\u0442\u043d\u044b\u043c<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>DILEMMA!! is a word that finds its place in the lives of most people today. We have lot many opportunities in today\u2019s age and thus lot many choices to select from. A state when you are in a dilemma is generally followed by a state of mess, chaos and mismanagement. If you are a serious [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":549,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[61,59,58,60],"class_list":["post-538","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bank-po","tag-bank-jobs","tag-ibps-po","tag-ibps-po-vs-sbi-po","tag-sbi-po"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>2019 IBPS PO vs SBI PO: Which One is Better Bank Job?<\/title>\n<meta name=\"description\" content=\"2019 IBPS PO vs SBI PO: Find here detailed analysis of IBPS PO and SBI PO on the basis of Salary, Job Profile, Responsibility, Perk, Benefits and many more.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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