When you begin your journey with SBI, you don't sign up for a mundane 9 to 5 job... You sign up to be part of a dynamic, fast-paced work environment. You are challenged every day to push your boundaries and grow not just professionally, but personally as well.
At SBI, you will grow professionally by tackling complex business problems. You will grow as an individual as you discover your passions and chart your own career path. You will build new perspectives as you travel the country and the world. You will develop empathy for others as you meet new people every day and learn from their experiences.
Day by day, month on month, year after year - You will continue to grow. And that's SBI's promise to you.
There are several perks associated with working with the biggest bank of India. One of the most attractive feature is the best in class entry level compensation package that we offer to the probationary officers. We offer the highest entry level compensation in the banking industry.
The total compensation per annum for a Probationary Officer would be a minimum of Rs. 7.55 lacs and maximum of Rs. 12.93 lacs depending on place of posting and other factors. This includes leased rental accommodation, conveyance allowance etc.
The compensation includes housing rent allowance or leased rental accommodation where the employees get housing rent as a part of their package. This becomes more prominent as the employee move up the career ladder. Bank also provides accommodation at certain places for the Clerical Staff.
Health and well-being of our employees and their families is important to us and we take care of your medical expenses. Medical benefits (100% for the employee and 75% for dependent family) form a key component of the overall package. The Bank also provides group insurance over and above the compensation package.
You are provided with attractive leave policies, which includes 33 days of privilege leave and 12 days of casual leave annually along with sick leave and maternity leave. Women and single men with children or aged parents have the provision to take sabbatical leave of up to 2 years.
The employees get leave travel concession to visit places within India. Holiday homes and Bank's guest houses are available for the employees at major cities and tourist destinations.
As employees, the Bank provides Housing Loan, Car Loan & Personal Loans on concessionary rate of interest. Also, the bank recognizes and promotes merit by providing scholarships to the meritorious children of all employees. Pension by the bank helps the employee lead a comfortable life post retirement.
ALL ROUND DEVELOPMENT
You become part of a universal bank with over 1000 different roles across different businesses. This diversity of work ensures constant learning throughout your career. Job rotation every 2-3 years ensures that you get unparalleled exposure to a wide spectrum of industries and business functions. You may have a stint in SME lending as a Relationship Manager for a few years, lead a Retail Branch in your next role, and become a Dealer in Treasury thereafter. You may also get the opportunity to explore different financial services like insurance, investment banking, asset management, credit cards to name a few by working in one of the subsidiaries of the Bank. You gain exposure to different segments of people, geographies and products in each stint. The nature of engagement becomes more creative and intense as you progress.
EXPLORE BANKING GLOBALLY
With 190 foreign offices in 36 countries, SBI has the highest number of overseas branches across all domestic banks and time zones. Typical international stint is for 3-5 years. The Bank ensures that you lead a comfortable life with your loved ones in the new country.
CHART YOUR OWN CAREER PATH
At SBI, each employee has a unique career path. You are initially groomed as an all-rounder, and thereafter you have the freedom to pursue your area of interest and build expertise. As you grow to senior levels, you develop as a leader by assuming critical positions across different businesses. Throughout your career, you are provided with elevation opportunities every 3-4 years based on performance.
SBI offers largest learning & development infrastructure in Indian Banking space with 47 learning centers and 5 apex institutes across the country. Additionally the bank offers over 300 e-lessons including 30 created by the Harvard Business School.
Additionally, we have tie-ups with globally reputed management institutes for specialized training and skill enhancement programs.
For our new recruits, our intensive 2 year training program is designed to be a healthy mix of classroom training and on the job learning. On joining, you undergo a 1 week developmental program on leadership and 6 weeks of intensive classroom program across 6 functional areas - General Banking, Credit, Marketing, Investment Banking, Rural Banking and IT. Additionally you undergo 1.5 years of cross functional rotational programs across branches for a holistic grooming for a banking career.