If you are interested in getting a banking job then you must definitely go for the probationary officer vacancies available in the various banking organisations. To select the candidates for the bank probationary officer vacancy, the candidates have to go through a detailed selection procedure.
This selection procedure consists of a written examination which is also followed by other selection stages as prescribed by the authorities conducting the examination.
The two most important banks conducting various recruitments related to banking jobs are SBI and IBPS. However, it is a tough choice for the candidates to choose one organisation between the both.
If you are interested in getting a job in any of the organisations then you must first take into consideration a complete comparison between both of the organisations. Given below is the detailed comparison between SBI PO vs IBPS PO jobs taking into consideration various important parameters.
Table of Contents
In order to have a complete comparison between SBI PO job vacancy and IBPS PO job vacancy, you must also take into consideration the examination pattern for both of the job vacancies. In order to successfully get a job in any of the organisations, the candidates will first have to pass the written examination.
Given below is the table comparing the written examination pattern for both of the job vacancies according to the various parameters. You can choose the job which is most suitable as per your subject of interest.
|Specification||SBI PO||IBPS PO|
|Number of papers||In the preliminary examination, there will be a total of 3 papers and in the main examination, four objective type papers and one descriptive paper will be conducted.||In the preliminary examination, there will be a total of 3 papers and in the main examination, four objective type papers and one descriptive paper will be conducted.|
|Subjects||The subjects for the preliminary examination are the English Language, Quantitative Aptitude and Reasoning Ability
The subjects for the main examination are-
The objective paper comprises Reasoning & Computer Aptitude, Data Analysis & Interpretation, General/ Economy/ Banking Awareness and English Language.
The descriptive paper comprises English Language (Letter Writing & Essay)
|The subjects for the preliminary examination are English Language, Quantitative Aptitude and Reasoning Ability
The subjects for the main examination are English Language, Data Interpretation and Analysis, Reasoning and Computer Aptitude, General Awareness, etc.
The descriptive paper comprises questions from English (Essay and Letter Writing)
|Duration||The duration for the preliminary examination will be one hour and the duration of the main examination will be 3 hours 30 minutes.||The duration for the preliminary examination will be one hour and the duration of the main examination will be 3 hours 30 minutes.|
|Total marks||The preliminary examination will be of a total of 100 marks and the main examination will be of a total of 250 marks. The interview will be of 50 marks in total.||The preliminary examination will be of a total of 100 marks and the main examination will be of total 225 marks. The interview will be of 100 marks in total.|
Bank Options For SBI vs IBPS
If you are planning to get a job in SBI or in IBPS it is important for you to first consider the job locations that you will be posted at. The candidates must go through the list of banks that they can be posted to if they successfully qualify for the PO job in any of the organisations.
There are different types of banks that you will be posted into if you get a job in the SBI organisation and there are a lot of different banking organisations available for you if you get selected in the IBPS organisation. Given below is the table indicating the different types of bank options that you will get while getting selected in any of the organisations.
|IBPS Banks||SBI Banks|
|State Bank of Patiala
State Bank of Mysore
State Bank of Hyderabad
Indian Overseas Bank
State Bank of Mysore
Oriental Bank of Commerce
Bank of Baroda
Central Bank of India
State Bank of Travancore
State Bank of Bikaner and Jaipur
Punjab National Bank
Bank of India
Bank of Maharashtra
Punjab and Sind Bank
Union Bank of India
United Bank of India
|State Bank of India|
Salary Details For SBI vs IBPS
In order to conclude the complete comparison between the PO jobs available in the SBI organisation and the PO jobs available in the IBPS organisation, the candidates must also go through the salary and the perks available to the employees available in both of the organisations.
you have got the knowledge regarding the salary, you will be able to compare which one of the organisations is better for you according to the salary that you are going for and your personal financial goals.
SBI PO Salary Details
At present, the starting basic SBI PO salary is Rs 27,620 (with 4 advance increments). The pay scale for Junior Management Grade Scale I is Rs 23700-980/7-30560-1145/2-32850-1310/7- 42020. Candidates are also eligible for DA, HRA/Lease rental, CCA, Medical, and other allowances.
The total compensation per annum on a CTC basis is Rs 8.20 lakhs (minimum) and Rs 13.08 lakhs (maximum) depending on the place of posting. SBI also offers a SMART Compensation Package which enables candidates a choice to monetize specific elements of the salary package.
IBPS PO Salary Details
IBPS PO basic pay is Rs 23,700- (980 x 7) – 30560 – (1145 x 2) – 32850 – (1310 x 7) – 42020. This means the basic IBPS PO salary after seven years will be Rs 30,560. The basic pay after 7+2 years will be Rs 32, 850. The basic salary after 7+2+7 years will be Rs 42,020.
Besides the basic pay, candidates are also entitled to House Rent Allowance (HRA), Dearness Allowance (DA), Special Allowance (SA), and Compensatory Allowance.
Work Load in Both of the Organization
The workload is one of the most important aspects that you must consider while filling out the application form for the various vacancies available in SBI or in IBPS. The candidates must take into consideration workload as the most important parameter to compare both of the jobs available in the organisation. Given below is the detailed information regarding the workload in IBPS PO vs SBI PO job.
|Parameters||IBPS PO||SBI PO|
|Advantages||The main advantage of getting a job in the IBPS organisation is the very low work pressure as compared to the SBI organisation.
The employees are also provided with a high level of job security in this organisation with very handsome salaries along with additional benefits and allowances.
|The main advantage of getting a job in the SBI organisation is that the employees are liable to get frequent promotions and the salary of the employees are also higher than the public sector banks including IBPS.
The employees can get postings in foreign countries with additional perks and allowances available to the Central Government employees of India.
|Disadvantages||The main disadvantage of getting a job in the IBPS organisation is the large possibility of getting posted in a rural area.
Promotions are also not available in the organisation as compared to the promotion cycle available in the SBI organisation.
|The work pressure in SBI organisation is very real and very high with additional fear of getting transferred every now and then.
You can also get posted in rural areas if you are working with SBI for a long period of time.
SBI PO or IBPS PO, Which is Tougher?
The main thing that you must consider while filling out the application form for any of the organisation jobs is the examination pattern and your ideal career growth opportunity. The candidate must also consider their ideal salary package before settling for one organisation over the other. Last but not the least, you must also take into consideration your personal interest.
Now, talking about the tougher organisation, we will definitely go for SBI. The competition in SBI is very high and that is the reason the cut off marks will be relatively higher as compared to the IBPS cut off marks. The candidates who are not looking for a tough examination must definitely not consider SBI as their ideal organisation.