Top High-Paying Public Sector Banking Jobs in 2021

cioreviewindia Team | Monday, 14 June 2021, 04:21 IST

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Top High-Paying Public Sector Banking Jobs in 2021When it comes to our country’s economy, the banking sector plays a major role. Today, more and more people are opting for a cushy bank job because of the plethora of benefits it offers. Some of them include speedy growth, high remuneration, yearly and festive holidays, and other employee benefits, like healthcare. But, the main advantage of a bank job is the stability it offers. This is one of the reasons why we see a wide number of aspirants every year.

If you are trying for a job in the banking sector too, it is always good to keep yourself informed about all the significant information associated with it. Furthermore, we bring you all the information about top high-paying public sector banking jobs in 2021. Take a look.

SBI PO

As we all know, SBI is a highly reputed bank in our country and every year it recruits candidates for the post of probationary officers. As a probationary officer or a PO, you will do the administrative work, look after the banking operations and more. It is one of the most popular jobs in the banking sector. You can apply for the same if you have finished your graduation successfully. The monthly salary of a PO officer starts from 42,000 INR to 47,000 INR approximately. However, to qualify for the post, candidates must give an exam. If you are planning to take the exam, it is important that you go through the SBI syllabus to help you crack the exam. Find out everything about SBI PO Exam with Oliveboard including information about exam pattern, mock test, and important dates, etc.

RBI Grade B Officer

The RBI or the Reserve Bank of India is a central bank and a regulatory body for all banks. RBI Grade B officer is a lucrative job post in the field of banking because you receive plenty of perks and the salary is indeed very high. The responsibility of a Grade B officer includes account management, issuance and circulation of currency, and more. Again, you are eligible to take the exam if you are a graduate and must pass the banking exam to get the job. The RBI Grade B exam is quite difficult and an ample amount of preparation is a must. The starting salary of an RBI Grade B officer is approximately 77,000 INR.

IBPS RRB Clerk

The Institute of Banking Personnel Selection or IBPS is in charge of assessing recruiting candidates in banks every year. The IBPS RRB Clerk is recruited through an exam conducted by the IBPS. However, the job posting will be in rural locations across the country. The RRB Clerk’s job description is similar to Clerks of a nationalized bank. But, an IBPS RRB Clerk doesn’t receive the same perks or salary. That being said, it is one of the high paying public sector banking jobs. Only graduates are eligible to take the exam and the starting salary is anywhere between 20,000 to 21,000 INR approximately.

NABARD Grade A & Grade B Officer

NABARD is the National Bank for Agricultural and Rural Development, which is one of the top financial institutes in the country. Both NABARD A & B are managerial positions and it means that handsome compensation is offered. The job description of a NABARD Grade A or B officer includes approving types of loan, keeping a check on the credit flow in the agricultural sector and more. You must be a graduate or must have done MBA or chartered accountancy with at least 60% as your passing marks.The starting salary ranges between 60,000 INR for Group A and 74,000 INR for Group B approximately.

RBI Assistant

If you are aspiring to enter the field of banking, starting your job with RBI will be a dream come true as it is one of the most prestigious banks in the country. As an RBI assistant, you will be asked to do data entry, tally, maintain the ledger, and more. One of the main advantages of opting for this position is you have plenty of growth opportunities. To be eligible to apply for the job, you must be a graduate with at least 50% marks. The starting salary of an RBI Assistant is approximately 34,000 INR.

IBPS PO

Quite similar to SBI PO, the examination is conducted by the Institute of Banking Personnel Selection. If you clear the examination and are selected, you will be recruited as a PO officer in any nationalized bank across the country other than SBI. The salary and benefits you will receive as an IBPS PO officer are a little less than an SBI PO officer, however, it is a lucrative job nevertheless. The eligibility criteria for this position is graduation and the expected salary can be anywhere between 39,000 to 42,000 INR.

SBI Clerk

As an SBI clerk, you will enjoy a plethora of benefits and allowances. Some of the main responsibilities of an SBI clerk is to open accounts, ledger maintenance, data entry, and more. To apply for this position, you must be a graduate in any discipline. The starting salary is between 23,000 and 26,000 INR.

IBPS Clerk

Similar to the SBI Clerk position, an IBPS Clerk is also responsible for the day to day operations of the bank. Again, the eligibility to apply is graduation and the salary expected can be anywhere between 22,000 to 25,000 INR. 

Now that you are familiar with the top banking jobs, it is time to take a look at how you can apply for the same. If you meet the eligibility criteria, you can apply both online and offline according to your convenience. You can always visit the bank’s website to check for any openings they have and apply there. You can also check out competitive exam websites as they also list out all the openings online to make it easier for the applicant.