Pros and Cons of Working With SBI


Pros and Cons of Working With SBI

Recruitment for SBI Probationary Officer is under process with the last day for filling of forms is 6th March 2017. SBI is the largest bank of the country which after merger of associate banks will have over 25000 branches and 51000 ATM’s across the country. The bank has a total of 196 foreign offices in 36 countries and total work force is around 2.5Lacs.

With Applications for around 2300 posts of SBI Probationary Officers are being filled we are here with the Pros and Cons of Working With SBI.

Pros of Working With SBI

  • Excellent Growth Opportunities: With Variety of services to offer, SBI is one of the leading banks in India which provide you excellent growth Opportunity
  • 4 Extra Increments: SBI salary includes 4 extra increments. A newly recruited PO has a basic of Rs27520/-against Rs23700/- of a Probationary officer joining any other Bank.
  • Excellent Training Facilities: SBI provides excellent training to her probationary officers. On an average during Probation period of 2 years, You get a training of around 2 months at different Training Colleges across India.
  • Extra Incentives: SBI has various services to offer to her customer which are linked to multiple Incentives. On an Average you take home around Rs.10-15000/- per month on amount of the incentives you receive
  • Best Perks: SBI offers best perks and allowances to her employees. Perks Include Rent, Petrol Allowance (Minimum 80L per Month), Entertainment Allowance, Mobile Allowance, Newspaper Allowance, Magga Balti Allowance, 100% health Coverage etc.

Cons Of working with SBI

  • Excessive Pressure: Employees in banking Industry have been reeling under extreme pressures and when we talk about SBI, its on the top of the charts. There are hardly any branches left in the bank which close down before 7pm
  • Many Products: SBI has been dealing as a complete product solution company. It has Life insurance, general insurance, Mutual Funds etc. apart from Normal banking. Though these services have incentives attached to them, it is affecting the work culture of the bank adversely. The employees work under pressure to achieve individual target of every scheme.
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