Banking As a Profession

For Young graduate, an attractive offer after college is banking profession. It remains in this most wanted job position for years and it is because it enjoys much respect and prestige in the society. After the extinction of BSRB the only window to enter into this well sought career is Probationary Officers (PO) Exams conducted by individual banks. Banks inducts eligible graduates by this exam for training for a probational period of two years. The selected candidates performance during the probation period will decide their position after training. Different Banks recruit probationary officers during different periods in the year. Students has to keep on watch about the notifications and should be alert on applying promptly.

Career as a Probationary Officer

Pursuing Career as a probationary officer is a unique experience in itself. But it is the most common and highly sought after question that "what a Probationary Officer really do?".After the selection and till the date of joining the same question was making my mind puzzle. Hence I would like to share some of my experience with all of you looking after banks as a career option. I would be sharing my day to day experience within the bank so stay with us ...


8th day - LCs Again

Starting from morning today I was trying to understand Inland Letter of Credit (ILC). A single window operator with 25 year experience(a person who is allowed to transact up to Rs. 35,000 at there own seat along with there own work - This is done to reduce the queue in front of cash windows) started to teach me concept of ILC. He told me all the formalities to be done in respect of ILC. Then I get to know a new concept in LC system which is called UBD (Usanse bills discounting). I made some vouchers myself for the UBD in evening.

Bye Bye


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