In last five years, the participation of female candidates in Public Sector Bank has risen dramatically. In the last few decades the financial and banking sector has grown tremendously giving rise to number of vacancies in the same. Female candidates from all across the country have shown keen interest in the jobs in public sector banks. Around 2 lakh female candidates are working today in Public Sector Banks, which make around 25% of the total workforce of the sector.
Number of female candidates applying for SBI Clerk, SBI PO, IBPS Clerk, RBI Assistant, IBPS PO and RBI Officer has increased manifolds in the last few decades. Female aspirants have even topped the examination and have grabbed the post of their like. The banking sector provides job security and healthy working environment to the female candidates.
Why Preference is given to PSBs by Females?
Safety and Healthy Working Environment:
Banks are probably the most secured place to work for the female candidates. The culture and work ethics of the Public Sector Banks are the most suitable for the woman candidates.
Balance Between Personal and Professional Life:
These banks offer several facilities and the working hours are fixed. So, women candidates can maintain balance between personal life and office life.
Maternity Leaves:
Married female employees are given a lot of maternity leaves, which they can utilize during the time of pregnancy. They are also offered several medical benefits during the period pregnancy.
Home Posting and Transfer Facilities:
As per the rules of the Government, female candidates are given postings near the hometown. During the time of posting they are not posted in rural areas but near to their home.
Salary, Perks and Allowances:
Salary offered in the banking sector is very lucrative. Other than salary several allowances and handsome are offered to the employees like conveyance allowance, medical insurance, housing allowances, etc. Apart from this, banking employees are given loans on easy installments and lower interest rates.
Job Stability and Security:
All the public sector banks have their branches all across the nation; each bank provides excellent facility for transfer to female employees. They get transfers easily once they get married, so, they don’t need to put a brake on their career. The notion of job stability and security attached with these jobs attracts the women candidates the most towards these jobs.
Promotion and Growth Facilities:
The growth and promotion facilities offered in this sector are very lucrative. Through internal examinations conducted by the bank, candidates can get promoted to higher ranks. Today, woman employees are working on posts like MD’s and CEO’s in several banks. Top positions in many PSB’s have been acquired by female employees making it an inspiration for other females.
