The Institute of Banking Personnel Selection presents enormous opportunities for candidates for their career growth. Along with a lucrative IBPS Clerk salary, they also receive chances and opportunities to step up to higher posts and soar with success. You can track your career path by moving ahead in the selection process.
After becoming an IBPS clerk, you will get multiple chances to get promoted to a higher level. Most bank aspirants want to become officers. All the candidates who wish to get a promotion from clerk to Officer need to apply for the promotion test and appear for the examination as well and also undergo their service for at least a period of 2 years in order to be eligible for promotion to Officer.
The promotions are conducted every 2 years and clerks have the opportunity to take part in it and are eligible for promotion to Officer. There are two processes for clerical to Officer Promotion:
- Normal process
- Merit basis process
These two processes are applied to individual candidates depending on their performance and experience in banking services.
(1) Under the Normal process, the employee (bank clerk) has to qualify for a written exam and on the basis of his experience and seniority in the services of the bank, he can be selected as Officer. In this process no JAIIB and CAIIB diplomas are compulsory. After clearing this exam, you will become a Trainee Officer (TO). Trainee Officers can later become Probationary Officers (PO).
(2) Merit basis process: Two-year service (minimum) as a clerk with a JAIIB and CAIIB diploma conducted by the Indian Institute of Banking and Finance (IIBF) is a must with a graduate/post-graduate degree.
After becoming Probationary Officers (PO) there are seven scales in officer cadre:
- Scale 1 – Officer / Assistant Manager
- Scale 2 – Manager
- Scale 3 – Senior Manager
- Scale 4 – Chief Manager
- Scale 5 – Asst. General Manager
- Scale 6 – Deputy General Manager
- Scale 7 – General Manager.