ECGC PO vs SBI PO, Which One Is Better?

ECGC PO vs SBI PO: We all know SBI & ECGC both release recruitment notifications every year for the recruitment of probationary officers in their various branches across the country. ECGC PO and SBI PO both are golden opportunities for aspirants who are preparing for banking exams. One question arises in the mind of every aspirant preparing for the banking examination: Which one is better SBI PO and ECGC PO? Well, the answer to this question is not simple, the answer to this question depends upon various factors discussed in the article below.

SBI PO

The State Bank of India is the largest Public Sector Bank in India and aspirants who are looking for a job in the banking sector strive to join SBI, especially at the post of an Officer. SBI PO is a dream job for every aspirant who are preparing for the banking exam. SBI PO provides very good carrier opportunities and promotions are very fast in this, one can go up to very high managerial post. SBI PO provides very handsome salary and perks, salary is one of the major aspects which derives the candidates to choose the SBI PO as a career option.

SBI PO Exam Process

SBI PO Exam is a 3-stage process i.e.

• SBI PO Preliminary Exam
• SBI PO Mains Exam
• SBI PO Interview

SBI PO Allowances

The SBI probationary officer salary does not only include a handsome monetary sum but also includes several allowances that contribute to the total sum. Given below are some standard allowances that a Probationary officer in SBI gets along with the basic amount. These include.

• Dearness Allowance 46.9% of the Basic Pay
• City Compensatory Allowance 3% – 4% depending on location
• House Rent Allowance 7% – 9% depending on the Place of Posting
• Medical Insurance 100% covered for employee | 75% covered for dependent family
• Traveling Allowance AC 2-tier fare is reimbursed to the employee for official travels
• Newspaper Allowance, Entertainment Allowance, Books Allowance, etc. Varies based on Posting
• House maintenance allowance is provided
• Books and magazines allowance is provided
• Petrol allowance is provided
• Entertainment allowance is provided
• Telephone bill reimbursement is provided

ECGC PO

Export Credit Guarantee Corporation is a specialized institution working under the ownership of Ministry of Commerce & Industry. The sole purpose of this organization is to provide credit risk insurance and related services for Exports. Well it is a hard choice because both the jobs are prestigious and carry a different charm. As per the ECGC PO 2022 notification the basic pay of ECGC PO is 53600. Apart from the salary ECGC provides various kinds of perks and allowances. Just like any other banking body, ECGC PO Salary is attractive along with the perks and allowances given. ECGC PO salaries are given as per the 7th pay commission along with other admissible allowances.

ECGC PO Exam Process

ECGC PO Exam is a 2-stage process i.e.

• ECGC PO written exam
• ECGC PO Interview

ECGC PO Allowances

Given below are some of the perks which are enjoyed by a candidate after getting selected as ECGC PO:

• Mediclaim cover upto 40 lakhs for you and your dependents.(Premium one fourth paid by Employee)
• Defined contribution Pension Scheme – Equal contribution of 10% of Basic + DA from corporation.
• Leave travel concession – 4500 km each to and fro 2nd AC Fare with family once in 2 years/LTC Home town for self every year
• PLLI BONUS upto 6% of your total yearly Basic+DA ( maximum)
• Insurance cover of 50 Lakhs(GIS) + 8 lakhs (GSLI) + 10lakhs (GTS)
• Cash Medical Benefit – ₹13300 PA
• Furniture allowance for once in 5 years – Rs.87500+GST
• Mobile Handset Reimbursement – ₹10000 once in 3 years
• Office bag Reimbursement – ₹3000 once in 3 years

FAQs: ECGC PO vs SBI PO

Q1. which job is better SBI PO or ECGC PO?

Ans. This depends on the aspirants and which job profile is suitable for them. Candidates can check all details in the given article.

Q2. What is the highest rank an SBI PO can get in his/her bank career?

Ans. Chairman is the highest rank an SBI PO can get in his/her bank career.