Can Diploma Holder Apply For Bank Jobs, Degree, After 12th, Salary

Can Diploma Holder Apply For Bank Jobs:  There are many jobs including bank jobs. In fact, these jobs are considered reputed and well-deserving. Bank jobs comprise of several posts which require specific eligibility criteria. Can Diploma holders apply for bank jobs? If you are a diploma holder and are now inclined to get into bank job then we are sharing some information in this regard.

Table of Contents:

Which Degree is Required for Bank Jobs?
Which Course is Best for Bank Jobs After 12th?
Which Course is Best for Banking After Graduation?
Which Bank Provides the Highest Salary to Its PO
Is Investment Banking the Highest Paying Job?
Does bank Jobs provide pension

Only a Graduate can apply for Bank Job:

According to reliable sources, all the candidates possessing a graduation degree can apply for bank jobs in India. However, this alone will not help you get the job as this field also requires a candidate’s domain knowledge and job skills. The candidate is possessed with professional degrees such as MBA or CA etc, will give extra weightage to the bank job.

Unfortunately, there is no job for diploma holders. Besides, a diploma from a polytechnic, if one has done graduation then one can apply for a bank job. Some small finance banks who are involved in microfinance lending are hiring XII class pass out for recovery work. But such jobs are on the 3rd party roles. On the other hand, being a diploma holder, you can apply for the bank clerk exam and IBPS clerk. Besides this, you cannot apply for the IBPS PO posts and specialist officer with a diploma degree.

Check the IBPS Clerk Exam Details:

Here is the exam information about IBPS Clerk:

IBPS Clerk Prelims Exam:

  • English language
  • Numerical Ability
  • Reasoning

IBPS Clerk Mains Exam:

  • General Awareness
  • Financial Awareness
  • Reasoning ability
  • Computer aptitude
  • Quantitative aptitude
  • English language

Which Degree is Required for Bank Jobs?

To get into bank job, you must know which degree is required. There are several lucrative jobs in Bank offering good salaries and job security. To prepare for a career in banking means seeking graduation with a degree in Finance/Economics/Banking/Commerce and clearing bank exams. The minimum qualification in banking requires graduation in Commerce or in Management-related specialization. Furthermore, for banking jobs, you need to study quantitative aptitude, reasoning, English, general awareness, and basic computer skills to appear in the bank exams.

For Latest Updates Follow Us on Instagram – Click Here

Which Course is Best for Bank Jobs After 12th?

If bank job is your dream job and you want to pursue your career in this, then you must know which course is best for bank jobs after 12th. Here is the list of courses you can do after completing Class 12th:

  • BA (Banking)
  • BBA in Banking
  • BBA in Banking & Finance
  • BCom in Banking & Finance
  • BCom (Hons.) in Banking and Insurance
  • BSc in Banking and Finance
  • BCom in Banking Management
  • BCom in Banking & Insurance

Which Course is Best for Banking After Graduation?

After completing graduation, you are planning to acquire bank job. Now, you want to take admission in the course for banking after completing graduation. So, here is the list of courses below:

  • MBA in Banking and Finance
  • MBA in Islamic Banking and Finance
  • MCom (Banking)
  • MBA in Global Banking and Finance
  • Sc. in Banking and Finance
  • Sc. in Financial Services in Banking
  • Sc. in Finance Banking and Insurance
  • Sc. in Banking and Risk
  • Sc. in Banking, Finance and Risk Management
  • Business Economics, Finance, and Banking
  • Sc. in International Banking and Finance
  • Sc. in Global Banking and Finance
  • Sc. in Islamic Banking and Finance
  • Master of Law in International Banking
  • Master of Banking and Finance Law
  • PhD in Banking/Accounting/Finance/Economics/Management Studies
  • PhD in Business Administration – Banking and Finance

The courses mentioned above are useful for making career in bank after completing Graduation.

Which Bank Provides the Highest Salary to its PO?

Banks have Probationary officers and many of the aspirants want to attain this profile. However, do you know which bank provides the highest salary to its PO? In this regard, the PO salary of some established banks are mentioned below:


  • Basic Pay: INR 41,960/-

Advance Increments in Separate Stages:

  • For the First 7 years- INR 980/-
  • For the Next 2 years- INR 1,145/-
  • For Another 7 years- INR 1,310/-
  • Dearness Allowance: INR 12,701/- (26% of the basic pay)


  • Basic Pay: Rs 23, 700/-
  • Increment done in 4 Stages and salary after first increment Rs 30, 560/-
  • Salary after 2nd Increment: Rs 32, 850/-
  • Salary after 3rd Increment: Rs 42, 020/-

Co-operative Bank PO:

  • Salary: Rs 30,000/-

Is Investment Banking the Highest Paying Job?

The job of Investment bankers is to handle stock and bond issues. They also arrange for debt financing. In addition to this, they also manage merger and acquisition deals that appear in the most financial gains for investment banks. Investment banking is the highest paying finance job where candidates can earn around Rs 16 lakhs in a year.

Does Bank Jobs Provide Pension?:

Does bank jobs provide pension? One of the reasons for working in a Bank is job security even after job tenure is over. Some of the banks provide pension to its employees after the job is over. So, if you are worrying that bank jobs provide pensions or not then here is the explanation. The pension scheme existing previously has a fixed pension scheme whereas the NPS scheme offers variable interest. Since the part of the employer and employees put in equity and thus the interest varies. The old pension scheme consisted of a corpus amount and a fixed monthly pension plan. However, in NPS, you will get the built-up corpus once it matures.

Pension Rules:

Here are the bank pension rules:

  • The minimum family pension is Rs 9,284 per month and the maximum pension is Rs 35,000.
  • Previously, both the employer and employee gave 10% of their basic salary in NPS but now the employer/employee can contribute 14% and the employee can contribute 10% to the NPS.

Get the Latest Update Join Us on TelegramClick Here

See also  Defense Entrance Exams After 12th, NDA, Indian Air Force, Indian Navy

Leave a Comment