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How to Become PNB Manager in 2024

Wondering How To Become PNB Manager in 2024? Read this article and know about the different ways and stages to become a Branch Manager in the Punjab National Bank.
authorImagePriyanka Dahima20 Apr, 2024
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How to Become PNB Manager in 2024

How to Become PNB Manager in 2024: PNB Bank managers are trained and qualified professionals who are responsible for managing the entire operations of a bank or a particular branch. Candidates who aspire to become a bank manager must complete a Bachelor's or Master's in Banking or they can also complete management courses in the relevant field preferably BBA or MBA.

Admission to top management colleges is based on merit as well as management entrance tests like CAT, MAT, SNAP and XAT. The average course fee ranges from INR 30,000 to INR 2,50,000. You can go through our blog to get the details of how to become PNB Manager in 2024.

How to Become PNB Manager in 2024

The average salary of a PNB bank manager is INR 6-10 LPA depending on the position. Some of the major bank executive recruitment companies are the State Bank of India, Punjab National Bank, etc. As a PNB Manager, there are two important things to consider. The first is mental preparation, because it takes time, after gaining work experience you can become a bank manager. That's why you have to be patient to wait for that time. And secondly, the study preparation necessary to practice this department. Here we are providing the important aspects of becoming a PNB Manager in 2024.

PNB Manager Eligibility Criteria

Like all other professions, bank managers also have certain qualification requirements. As already said, becoming a bank manager is not yet complete. It is necessary to get a lower-grade bank manager or bank clerk or bank assistant, after which he becomes a bank manager with at least 2-3 years of promotion experience. Eligibility requirements for PNB Manager are given below:
  • Minimum 21 years of age
  • Bachelor or Masters in relevant field BA, B.Com, B.Sc, B.Tech in any of the following subjects: Mathematics/Statistics/Finance / Economics in Graduation or Post-Graduation. Master's degrees give extra points to students who aspire to become bank managers.
  • Computer skills are expected during recruitment.
  • Depending on the place of recruitment, candidates must have language skills in relevant departments.

Types of PNB Brach Manager

  1. Branch Manager: The branch manager is the head of the branch. His duty is to control all the operations of the bank; and ensure proper management of banking development and customer satisfaction with their savings. They are responsible for all branch operations, including hiring staff, overseeing loan and line of credit (LOC) approvals, marketing, working with customer relations, and meeting branch goals. The average salary of a bank manager at the beginning of a career is around INR 5 LPA, but with experience and knowledge it can go up from INR 6 LPA to INR 10 LPA.
  2. Service Manager: The Service Manager is responsible for the maintenance and customer service of all banking services. They ensure that all options are provided to the customer and that the rules and regulations created for improvement are followed. These responsibilities include delegating and directing service tasks, monitoring the progress of ongoing projects, and leading team members to ensure team goals and sales objectives. They also resolve customer complaints or concerns quickly and professionally to maintain good customer relations and ensure repeat customers. The average salary of Service Managers is between INR 4 LPA to INR 6 LPA. With experience, they can get an average salary of INR 8 LPA to INR 8 LPA.
  3. Senior Bank Manager: The Senior Bank Manager is responsible for managing the bank's operations and providing services to customers. They also participate in the recruitment of the bank and other related services. The bank manager manages all operational matters including distribution, customer service, personnel, administration, and sales in accordance with the bank's objectives. They train, guide, develop, and motivate the bank's staff. Preparation of forecasts, financial goals, and business plans. The average senior management salary in India is 13 lakhs for employees with less than 1 to 31 years of experience. The salary of a Senior Manager ranges from INR 8.6 Lakhs to INR 18 Lakhs.
  4. Junior Bank Manager: A Junior Bank Manager acts as a supervisor or representative of a senior manager. They ensure the smooth running of the administration and are responsible for the management of the junior officers of the bank. They manage the day-to-day business and are increasingly involved in building customer relationships, maintaining sales strategies, and achieving goals. The average salary of Junior Bank Managers in India is 4 INR LPA to 6 INR LPA. However, by gaining experience in a related field, they can become a senior bank manager and earn around INR 8 LPA.

How to Become PNB Manager in 2024 FAQs

Q1. Is PNB Branch Manager a good position?

Ans. Yes, PNB Brach Manager, you are entitled to consistent working hours, excellent pay and unique opportunities to use your diverse communication and business skills to help clients.

Q2. How long does it take to become a PNB Bank Manager?

Ans. To become PNB Bank Manager, you must have at least two years, preferably five years of experience. To gain experience, you can start with an internship or part-time job at the university. Many future managers begin their careers as loan officers or accountants before becoming assistant managers and eventually managers.

Q3. What are the key roles as PNB Manager?

Ans. The key roles as PNB Manager are discussed in the above article for those candidates who are anxious to be appointed for the Manager post.

Q4. What are the educational qualification required to become Branch Manager in PNB Bank?

Ans. Bachelor or Masters in relevant field BA, B.Com, B.Sc, B.Tech in any of the following subjects: Mathematics/Statistics/Finance / Economics in Graduation or Post Graduation. Master's degrees give extra points to students who aspire to become a bank manager.
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