Which Is Better IBPS PO Or IBPS SO?

Which Is Better IBPS PO Or IBPS SO?

Both IBPS PO and IBPS SO offer profitable basic pay that motivates many aspirants and is also considered the most stable.
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Which Is Better IBPS PO Or IBPS SO?

Having a banking career is a secure, prestigious and high-paying option for many aspirants in the country. IBPS and individual banks such as SBI and Indian Bank conduct national level entrance tests for recruiting banking officials at various entry-level and mid-level posts. Specifically, IBPS recruits for 17 central and state banks of India in positions such as clerk, PO, and SO. There are some basic differences in the job roles, pay packages, and gravitas of these posts, despite the similar educational requirements, age limits, and skillsets. There is often confusion between joining as a IBPS PO and IBPS SO. In this article, we will discuss about Which is better IBPS PO or IBPS SO.

Confused About The IBPS PO & SO 2023 Exam Dates ?

IBPS PO exam 2023 dates have been announced by the Institute of Banking Personnel Selection. IBPS Calendar 2023 notified the dates of the examinations. The preliminary examinations shall be held on September 23, 30 and 1 October 2023, in accordance with the IBPS PO dates of 2023. On October 1st, 2023 the main test of IBPS PO will take place. The date of IBPS PO exam helps candidates to keep track of significant events leading up to the examination, like releasing an application form, notification, admit card, results, etc.

The IBPS SO exam dates for 2023 have been announced on the official website of the Institute of Banking Personnel, ibps.in. According to the IBPS SO exam 2023 date, the IBPS SO prelims exam is tentatively scheduled to be held on December 30 & 31, 2023 and the mains exam is scheduled to be held on January 28, 2024.

Which Is Better IBPS PO or IBPS SO?

Choosing the most appropriate career is very important for everyone to have a better life in future. But there can be times when it can be hard to choose the most suitable career option. Talking about career jobs in the banking sector have been very much lucrative for people as they are secure, prestigious and high paying. Several bank exams are conducted in order to recruit the candidates such as IBPS and individual banks like SBI and Indian Bank. 

IBPS PO and IBPS SO are the two key banking exams for which a huge number of people apply after carefully reviewing the eligibility requirements. Candidates frequently find it difficult to select between the two. Here are a few things to know about IPBS bank exams in order to choose the best one.

IBPS PO

One of the most prestigious positions in India is the IBPS PO (Probationary Officers), for which a large number of candidates apply each year. The exam is conducted every year by Institute of Banking Personnel Selection, where candidates are recruited as Probationary Officers for Public Sector Banks and Public Sector Insurance Companies. To pass the PO exam candidates have to go through three stages that include prelims, mains and interview. 

IBPS SO

The IBPS SO exam is conducted to recruit the eligible candidates as a Specialist Officer (SO) for various Public Sector Banks. The exam is conducted by Institute of Banking Personnel Selection, which is a government-owned bank personnel recruitment agency. It contains three stages – prelims, mains, and interviews. This exam is conducted for several posts that include – 

  • Agriculture Field Officer
  • Marketing Officer (scale 1)
  • IT Officer (scale 1)
  • Law Officer (scale 1)
  • HR/Personnel Officer (scale 1)
  • Rajbhasha Adhikari (scale 1)

Difference Between IBPS PO And IBPS SO

To know what is the difference between both the jobs, candidates must look at the several factors that are mentioned below.

IBPS PO Vs IBPS SO: Work Profile

IBPS PO

IBPS SO

In IBPS PO candidates are recruited on probation for two years where they have to work across all aspects of banking services and evaluate accordingly. Their job is to engage with consumers, resolve customer complaints, and perform administrative and managerial duties. They perform the task such as – 

  • Managing the cash.
  • Opening the accounts, and dealing with the customers.
  • They need to manage and handle numerous banking activities.
  • The main responsibility is to process the loan, supervise, and handle the documentation.
  • Get trained in numerous fields such as Marketing, Finance, Accounting, Loans, and Advances.

The task of candidates recruited for IBPS SO is to work and communicate with several other employees of the bank. While working they have to ensure that all the departments in the bank work smoothly and in coordinated manner with each other. Role of the job can vary depending on the post that candidate applied for.

IBPS PO Vs IBPS SO: Salary, Perks, And Benefits

IBPS PO

IBPS SO

The basic pay scale in IBPS PO is around ₹ 35,000. There are several benefits that are provided that include dearness allowance, house rent allowance, city compensation allowance, transportation and more.

The basic pay scale in IBPS SO is around ₹ 36,000. Benefits provided to the employees include house rent allowance, dearness allowance, special allowance, city compensatory allowance and miscellaneous.

IBPS PO Vs IBPS SO: Growth Opportunities

IBPS PO

IBPS SO

If the candidate is an IBPS PO, there are lots of opportunities for growth. Based on good performance and experience promotion can happen frequently. Also internal promotion exams are conducted for the promotion at higher posts. An IBPS PO can be promoted to the position of branch manager, assistant manager, and the position of MD in the bank.

There are also good chances of getting promoted but the promotion happens within the specific department. Opportunities to be promoted into the senior managerial positions in the bank are few. 

IBPS PO Vs IBPS SO: Job Security

IBPS PO

IBPS SO

The job of an IBPS Probationary Officer is much more secure as the employees don’t have to worry about layoffs during unprecedented situations such as recession.

The job of an IBPS Specialist Officer is very much secure. People working SO don’t have to worry about losing their job due to uncertain events.

Which One To Choose ? IBPS PO Vs IBPS SO

Choosing the right career path in banking can be difficult because it is dependent on a number of things. IBPS PO and IBPS SO are both very lucrative careers with their own set of pros and cons. While going for the best one among two, one important thing to keep in mind is your interest.

IBPS PO Vs IBPS SO (FAQ)

1 – What is the age limit for appearing in the IBPS PO exam?

Ans. The age limit for appearing in the IBPS PO exam is between 20 to 30 years. Age relaxation is given to the candidates belonging to categories like SC, ST, OBC and others.

2 – Can I apply for both the IBPS PO and IBPS SO exam?

Ans. Yes, you can apply for both the IBPS PO and IBPS SO exam but the important thing to keep in mind is the educational qualification.

3 – Is the syllabus for both IBPS PO and IBPS SO exam the same?

Ans. No, the syllabus for both the IBPS PO and IBPS SO exams is not the same, but the syllabus for prelims overlaps significantly.

4. How many IBPS PO mock test are there?

Ans. The IBPS PO test series contains a total of 201 Mock Tests comprising key concepts in every subject.

5. Is the bank PO mock test much tougher than the actual exam?

Ans. Yes. Practice mock tests are above the difficulty level of the actual examination, giving mock tests more difficult than the actual exam gives you the confidence.

6. Is IBPS online mock test free?

Ans. IBPS PO Mock Test for Mains contains 19 full-length mock tests and 15 sectional tests. Along with 1 IBPS PO Free Mock Test is available.

7. What is bank PO qualification?

Ans. Candidate must at least have a Bachelor’s degree from a Government recognized University to fulfil the bank PO eligibility.  As a whole, these are the factors and benefits of IBPS 2023 exams, it depends upon the interest of the candidate to choose the best one among the two exams.

  • Research and Development Team
  • Unlimited Validity Online Login Credential
  • Special Sessions on Banking Industry, handled by field experts
  • Daily Offline Exams
  • Focus on General English Section
  • Night shift / Third Shift Program
  • Fundamental Classes for Non-Maths / English background students
  • ISO 9001: 2008 Certified Coaching Institute
  • Class Room and Practice Hall with ample space
  • Flexibility in Batch Timing
  • Current Affairs Audio Sessions
  • Promotional Exam (JAIIB) Course for Bank Officers (Free for RACE students)
  • Daily Free News Papers
  • RACE Care – A guiding team for all students
  • Pay once and Practice till you get placed
  • Lowest Fee in India

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