ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

Banking Jobs in India

Updated on September 3, 2011

Jobs in Banking

Indian economy has had certain innate strengths and it has come out almost unscathed despite many countries across the global struggling to recover from recession. With a steady growth particularly in the consumer banking sector, Banking Jobs in India are being perceived as the most coved jobs by the job seekers. Modern banking in India entails a complete understanding of a client's requirements both in terms of his personal as well business financial plans. If you have a strong aptitude for numbers, the required mathematical skills and an analytical outlook, then you have a variety of career options open for you in the banking sector in India.

Bank jobs are white collar jobs and one of the prestigious careers in India. Bank jobs are extremely lucrative, provide a lot of social security and growth opportunities are indeed promising. There are 27 nationalized banks and 31 private sector banks in India and employment opportunities – at various levels - are aplenty.

Are you looking for a Banking job?

You are Wanted
You are Wanted

Aspirants for bank jobs in India must, first of all, decide for which department in a bank, they wish to start their career. There are a variety of bank jobs including Financial Managers, Bank Tellers, Bill and Account Collectors, Loan Officers, Book Keeping and Auditing Clerks, Financial Service Representative etc

To get an opening in a bank, you have to be qualified and be eligible as per the bank’s recruitment policy. For example, to join as Probationary Officers in the bank, you will require minimum a Bachelors Degree. You will thereafter have to pass the Probationary Officers exam and come out successful in the interview.

Careers in Banking and Finance and Insurance

Candidates who join at lower levels can also attain managerial positions if the pass Chartered Associate of Indian Institute of Bankers (CAIIB) exams after gathering a few years of work experience. Even for clerical and lower level positions all aspiring candidates must pass the prescribed exams and succeed in the personal interview. Bank job seekers in India can visit website: to get updates on bank exam syllabus and schedule. However, most nationalized as well as private banks widely advertise whenever exams for recruitment are held. Besides, each of the public sector banks, private sector banks and foreign banks maintain its own websites wd\here one can find details of job vacancies.

The pay scales for bank jobs are very attractive. At the entry level, one can expect a starting salary of Rs. 12,000 to Rs. 15,000 and a Probationary Officer can straightaway start earning upwards of Rs. 20, 000. Reserve Bank of India is the central bank of India it has the primary onus of managing finances throughout the country in accordance with the laid-down Government policies. RBI has offices in almost all state capitals, and it generates thousands of employment opportunities throughout its offices.

The State Bank of India (SBI) is the largest commercial bank in India with several hundred branches spread all over the country and overseas. SBI has many banking and non-banking subsidiaries, which are also catering to the banking and financial sector related needs of various regions. They regularly recruit candidates both at the officer as well as clerical levels.

All other nationalized banks, numbering 27, generate huge job opportunities and the scope of an aspirant landing on a bank job is indeed extremely bright. This apart, there are nearly 31 private banks who regularly recruit candidates in large numbers. India today has about 88 commercial banks including 31 private banks, 27 public sector banks and 38 foreign banks. India has totally 53,000 bank branches covering rural, semi-urban and urban areas. This will give an indication about the employment potential of banking sector in India.


Submit a Comment

No comments yet.


This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at:

Show Details
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the or domains, for performance and efficiency reasons. (Privacy Policy)
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)
ClickscoThis is a data management platform studying reader behavior (Privacy Policy)