How to Become a Bank Manager? Career Guide, Courses, Eligibility, Entrance Exams, Skills, Salary
Are you aspiring to become a bank manager? If yes, read this article to learn the process of becoming a manager in the public sector banks in India. To become a bank manager, candidates need to appear for exams such as IBPS PO, IBPS Clerk, SBI PO, SBI Clerk, RBI Assistant, IBPS SO, RBI Grade B, etc.
How to Become a Bank Manager?
Bank Managers are responsible for managing the entire functions of a bank of particular branch. Candidates joining as Probationary Officers or Clerks can become Bank Managers based on their performance and tenure. Basically, the promotion of candidates to the post of Managers in the various public sector banks in India is done based on the internal exams. The various bank exams in India are IBPS PO, IBPS Clerk, SBI PO, SBI Clerk, RBI Assistant, IBPS SO, RBI Grade B, etc. To become Bank Manager, candidates need to complete graduation. In this article, we have explained how to become a bank manager.
Also Read:
Role of IBPS in Bank Recruitment
What is the Role of Bank Manager?
The role of a bank manager is given below:
- Bank Managers are responsible for various tasks of credit unions, bank branches or similar financial institutions
- They oversee operational functions and find out solutions to the operational issues
- Bank managers plan and lead the collection of accounting and financial information and prepare reports, budgets and statutory returns
- Bank managers monitor sales targets
- They promote and market the institution and its products and also ensures a high level of customer service
- Bank Managers present budget proposals to governing bodies, plan the most effective use of resources and financing of capital expenditure and perform interpretation of business performance and funding
Also Read:
| IBPS RRB (Officers Scale-I, II & III) and Office Assistant (Multipurpose) | |
| IBPS Clerk | - |
Process to Become a Bank Manager
Financial Services are the backbone of any nation. These days, the demand for bank jobs has increased. Career in banking can be made in both private and public sectors. However, the craze of youth getting a job in the government bank has increased. The process to become a bank manager is given below:
Q: Are there any special incentives or bonuses for SBI PO employees who excel in their performance?
SBI provides an annual performance bonus to its employees, including POs, based on their performance during the financial year. The bonus amount is determined by factors such as individual performance, team performance, branch performance, and overall bank performance.
Q: What is SBI Clerk eligibility criteria?
To be eligible for SBI Clerk exam, candidates should be between 20 and 28 years and have completed graduation in any discipline. Candidates who are in the final year of graduation can also apply for the exam provisionally. Relaxation in the upper age limit is given to candidates belonging to reserved categories. Candidates should check the SBI Clerk eligibility criteria before applying for the exam. The category-wise relaxation given to candidates is given below.
Category | Age relaxation (In years) |
SC/ST | 5 |
OBC | 3 |
PWD (Gen/EWS) | 10 |
PWD (SC/ST) | 15 |
PWD (OBC) | 13 |
Ex-Servicemen/ Disabled ExServicemen | The actual period of service rendered in defence services + 3 years, (8 years for Disabled Ex-Servicemen belonging to SC/ST) subjected to max age of 50 years. |
Widows, Divorced women and women judicially separated from their husbands & who are not remarried | 7 (subjected to the maximum age limit of 35 years for General/ EWS, 38 years for OBC & 40 years for SC/ST candidates) |
Q: Who can apply for SBI PO?
- The first and foremost requirement to become a bank manager is that candidates need to complete graduation. Candidates from any stream can become a bank manager
- Candidates need to qualify the competitive exam of Bank PO that is conducted by Institute of Banking Personnel Selection (IBPS) or State Bank of India (SBI).
- After qualifying the exam, candidates get appointed as a Probationary Officer (PO)
- As a PO, they are trained to gain some experience working in the public sector bank
- To be promoted as a bank manager, candidates have to either perform exceptionally or clear the internal promotional exams
- However, as the time passes and the experience grows, there are chances to get promoted
- Banking sector also includes various promotional opportunities and candidates can even reach the levels of Chairman and MDs
- Public Sector Banks in India offer good career opportunities to candidates
Also Read:
Skills Required to Become a Bank Manager
Following are the skills required to become a bank manager in the public sector banks in India.
| Leadership Skills |
Accountability |
| Cooperation and Collaboration |
Statistical Analysis |
| Business Management Skills |
Customer Service Skills |
Salary of Bank Managers in India
Bank Manager earns an average monthly salary of INR 60,000-80,000. A bank Manager can earn up to the highest salary of INR 18.73 LPA. Besides, they are entitled to various perks and allowances. Given below is the salary of Bank Managers.
Upcoming Sarkari Exam Dates
7 Dec '24 - 27 Dec '24
9 Dec '24 - 30 Dec '24
27 Dec '24 - 16 Jan '25
UGC NET
22 Jan '25 - 11 Feb '25
16 May '25 - 14 Jun '25
5 Aug '25 - 28 Aug '25
26 Aug '25 - 13 Sep '25
27 Dec '24
31 Jan '25
Q: What is SBI Clerk Eligibility?
SBI Clerk criteria:- A candidate who is aspiring to apply for the SBI Clerk exam must be an Indian citizen. Candidates must fulfill the following educational requirements to apply for the SBI Clerk Prelims examination. 1.Prospective candidates must have a Graduation degree in any stream from a recognized University or any equivalent qualification which is recognized by the Central Government. They must make sure the passing certificate shows the date the relevant degree was earned. 2.Candidates who have an Integrated Dual Degree (IDD) certificate should ensure that the date of passing of the IDD is as per the guidelines given in the notification. 3.Those who are in the final year/ semester of their graduation may also apply provisionally subject to the condition that, if provisionally selected, they will have to produce proof of having passed the graduation examination 4.As per the SBI Clerk qualification criteria, the candidates need to mandatorily indicate the percentage theyve obtained in the Graduation degree and calculate it to the nearest two decimals in the online application form. 5.For Matriculate Ex-servicemen, prospective applicants should have obtained the Indian Army Special Certificate of Education or corresponding certificate in the Navy or Air Force, after completing at least 15 years of service in the Armed Forces of the Union. Age limit:- Not below 20 years and not above 28 years i.e. candidates must have been born not earlier than 02.08.1994 and not later than 01.08.2002 (both days inclusive). The details regarding the age limit and the relaxation in upper age are clearly given in the official notification. Candidates must go through the notification in detail and check the eligibility criteria. Relaxation is given to the various categories for the SBI Clerk exam. SC/ST - 5yeras OBC 3 years PWD (Gen/EWS) 10 years PWD(ST/ST) 15 years PWS(OBC) 13 years Ex-Servicemen/ Disabled Ex-Servicemen - The actual period of service rendered in defense services + 3 years, (8 years for Disabled Ex-Servicemen belonging to SC/ST) subject to max. age of 50 years Widows, Divorced women and women judicially separated from their husbands & who are not remarried - 7 years (subject to maximum age limit of 35 years for General/ EWS, 38 years for OBC & 40 years for SC/ST candidates) Note: 1.Candidates who seek age relaxation are required to submit copies of the necessary certificate at the time of admission.
Q: What is SBI PO job profile?
Q: I want to change bank preference for IBPS exams. How to do?
Q: How is SBI Clerk qualifying marks determined?
Q: How to apply online for SBI PO exam?
SBI PO application form is released online. Any graduate candidate can apply for the exam. SBI PO application process comprises several steps such as registration, uploading of scanned photograph and signature, filling the form, previewing the application, uploading left thumb impression and handwritten declaration. The application fee was INR 750 for General/EWS/OBC candidates, while SC/ST/PWD categories were exempted from fee payment. The steps to fill SBI PO application form are given below:
- Visit the official website of SBI
- In the career page of SBI, candidates need to go to the advertisement of SBI PO
- From the drop-down, candidates need to select the apply online link
- Candidates need to first register for the exam
- After registration, candidates need to upload the scanned images of photograph and signature
- Fill the detailed application form
- Upload the left thumb impression and handwritten declaration
- Pay the application fees and submit the application form
| Specialisation | Average Annual Salary (INR in Lakhs) |
|---|---|
| Banking and Finance |
5.20 |
| Risk Management |
6.23 |
| Marketing |
4.60 |
| Human Resource Management |
5.07 |
| Information Technology |
7.90 |
| Operation Management |
8.40 |
How to Become a Bank Manager FAQs
Q: What is the recruitment process of Bank Managers?
A: The recruitment process of bank managers is given below:
- If candidates are aiming to opt for posts available in public sector banks, the Institute of Banking Personnel Selection (IBPS) conducts recruitment exams for posts like the Probationary Officer, Clerk, and Specialist Offer (IBPS SO)as well as RRB exams which one can appear for. There are a large number of public sector, private sector, and co-op banks that are participating institutions accepting IBPS exam scores for open vacancies
- Another way to become a bank manager is to opt for a specialized postgraduate diploma or degree program in Banking as many private banks like Syndicate Bank, Kotak Bank, ICICI Bank, Indian Overseas Bank, etc. are associated with certain universities and hire best-fit candidates by carrying out yearly placement drives for MBA in Banking or PG Diploma in Banking/Finance graduates
- For emerging private banks, the recruitment process has become more direct as these banks generally put up notifications on their website when vacancies are available where you can send your application for different posts
Q: What is the eligibility to become bank manager?
A: Candidates must be having a bachelor’s degree in business administration/commerce/finance or any other relevant/equivalent field of study. Candidates from any stream can apply for bank manager exams.
Q: Which are the exams conducted to become a bank manager?
A: To become a bank manager, candidates need to appear for the following exams:
- SBI PO
- SBI Clerk
- IBPS PO
- IBPS Clerk
- IBPS SO
A mass communication and journalism post-graduate, Anangsha has worked as a reporter and sub-editor and enjoys working in the education domain.