If you’re considering a career in banking, you might be wondering about the difference between Bank PO and Bank Clerk salaries. Both roles are important in a bank, but they come with different responsibilities and salaries. So, which one pays more? Let’s take a closer look.
Bank PO Salary
Bank PO stands for Bank Probationary Officer. This is an entry-level position for candidates who have completed their graduation. Bank POs are responsible for managing various banking operations, such as opening accounts, managing loans, and supervising clerks. They are also responsible for maintaining customer relations and ensuring compliance with bank policies.
According to the latest data, the average Bank PO salary in India is around ₹6 lakh per annum. However, the salary can vary depending on the bank and the location. Public sector banks usually offer higher salaries than private sector banks. The salary also increases with experience and promotions.
Bank Clerk Salary
Bank Clerk is also an entry-level position in a bank. Clerks are responsible for day-to-day clerical tasks such as record-keeping, data entry, and customer service. They also assist in various banking operations, such as opening accounts, depositing and withdrawing money, and issuing cheques.
The average Bank Clerk salary in India is around ₹3 lakh per annum. However, the salary can vary depending on the bank and the location. Public sector banks usually offer higher salaries than private sector banks. The salary also increases with experience and promotions.
So, Which One Pays More?
Based on the salary data, Bank POs earn more than Bank Clerks. The average Bank PO salary is almost double the average Bank Clerk salary. However, it’s important to note that Bank POs have more responsibilities and are in a higher position in the bank hierarchy.
In Conclusion
Banking is a lucrative career, and both Bank POs and Bank Clerks are essential for the smooth functioning of a bank. However, if you’re looking for a higher-paying job with more responsibilities, then Bank PO might be the right choice for you. On the other hand, if you’re looking for a job that’s less demanding, but still offers a good salary and growth opportunities, then Bank Clerk might be a good fit. Ultimately, it depends on your career goals and aspirations.
