Jobs in the Banking Sector: Biggest Myths Busted
March 04, 2019
Many people think that banking jobs are quite cushy and you just have to be at work from 10 AM to 4 PM. However, that’s not true. Just like any other job, when the workload increases, then the employees have to work overtime which may or may not come with extra pay. A good example of this is the demonetization drive when the public-sector banks had to work for 12-14 hours for days to convert the old currency notes.
The banking sector may offer some of the best salaries, but for each individual, it really depends on their qualification and job role. For instance, a clerk in a PSB makes no more than 10k to 11k in a month. However, an investment manager in a top private sector bank can easily earn up to 10 lakhs to 20 lakhs per year.
It’s true that banking jobs can be quite hectic and challenging at times. However, the industry also observes a lot of innovation and the use of creative ideas. So, if you are able to find a job in a top public or private sector bank, then you can expect to meet some really interesting people and grow in a nurturing work culture.