Which One To Choose Between SBI PO And ESIC UDC (Rank-1) In The Long Run?

We are here with a proximate analysis on SBI PO vs. ESIC UDC in our comparative analysis series. The SBI PO is a national-level examination, which is conducted every year. It is the best opportunity for candidates who want to be in the banking and finance sector. However, it is important for the applicant to know the SBI PO salary structure before they appear for the SBI PO Exam 2022. ESIC or, Employees’ State Insurance Corporation has released a notification to recruit the candidates for UDC (Upper Divisional Clerk)’s. BYJU’s Exam Prep has provided the salary structure for SBI PO and ESIC UDC exam.

SBI PO Salary 2022

The SBI PO Salary 2022 will include other benefits, which all the employees are entitled to. However, the basic pay remains Rs.41960/- (with four advance increments) on the scale of 36000-1490/7-46430-1740/2-49910-1990/7-63840 applicable to Junior Management Grade Scale-I.

• After the candidates are appointed for the SBI PO Recruitment 2021, they will be exposed to basic banking knowledge. They will have different job roles after the training, such as finance, billing, accounting, revenue collection, investment, etc., during his/ her probation period.;
• Along with the salary, the employees will also be getting DA, CCA, HRA, and other benefits as per the guidelines.
• However, the CCA will be different for different places depending on the job location.
• Basically, the probation period for a candidate recruited as SBI PO will be for two years.

ESIC UDC 2022 Pay Scale

• As per Official Notification, the pay scale of ESIC UDC is Level- 4 of Pay Matrix (Civilian employees)
• The entry pay remained Rs 25,500 for the candidates and was replaced against a pay scale of Rs. 25,500-81,100/-
• In addition to the pay scale, the employees will also be provided with Dearness Allowances (DA), Transport Allowance, Housing Renting Allowance (HRA), and other Allowances as per the rules from time to time.

SBI PO Job Profile 2022

The employee, after being recruited as an SBI Probationary Officer, will have different job roles, which will include-;

• Work as a Public Relation Officer- manage customer problems and address issues.
• Verification of all the jobs done by the clerks.
• Managerial works like supervision of Clerical works, making decisions for the development of the bank, etc.
• Issuing of Atm Cards, Demand drafts, Cheque books, etc.
• Must be aware of the latest developments of banks.

ESIC UDC Job Profile

Basically, Employees’ State Insurance (or ESI) is a self-financing social security and health insurance scheme for Indian workers. However, this fund is controlled by the Employees’ State Insurance Corporation (ESIC) according to rules and regulations defined there in the ESI Act 1948.

If posted in the Headquarters/ Regional office/ Sub-Region Office

• Accounts Related Work
• Maintaining Files
• Drafting Letters
• Online Processing of Data

If posted in Branch Office (Cashier)

• Bank-Related Works
• Maintaining Cashbook
• Issuing Cheques

If posted in Branch Office (Non-cashier)

• Drafting Letters
• Preparing Monthly, Quarterly, and Yearly reports
• Maintaining Registers
• Uploading of Various Certificates
• Preparing Online Payment Dockets

Conclusion

So, if you want responsibilities, then go for the SBI PO, and if you want a clerk job, then ESIC UDC is perfect for you. So do the job that satisfies you! Both of them have good perks and benefits which make your life secure. Eligible workers get several perks for being part of the SBI PO or ESC UDC’s. They include health benefits such as dental, vision, medical insurance, and many more. Apart from that, they are eligible for 401(k) retirement packages and paid vacation and holiday time. Interested candidates can prepare for their choice of exam with BYJU’s Exam Prep.