This is the question that most of the students seek answers for after graduation; generally from friends, family, or any aspirant who can generally guide them. Nowadays, students opt to prepare for Government exams because of two main reasons; first is provides a decent grade pay and second but the most important one, it provides a job security to them. Some students prepare for the exams on their own but mostly take guidance from the renowned coaching institute for Bank and SSC.

In this article, we will discuss about both Bank and SSC exams, which is best suited for you and why.

DIFFERENCE BETWEEN BANKING AND SSC EXAMS:

1. DIFFERENT EXAMINATIONS

BANK EXAMS

In India, Bank exam are considered as of high prestige by the candidates who want to step into the Banking Sector. Given below is the list of various Banking exams conducted by Banks all across the country.

1. SBI PO
2. SBI Clerk
3. IBPS PO
4. IBPS Clerk
5. IBPS RRB
6. IBPS SO
7. RBI Assistant
8. RBI Grade B
9. NABARD

SSC EXAMS

Every year, The Staff Selection Commission of India or SSC recruits staff to various posts in various departments, organizations and ministries under the Government of India. Given below is the list of various SSC exams conducted by SSC annually.

1. SSC CGL
2. SSC CHSL
3. SSC CPO
4. SSC Stenographer
5. SSC GD
6. SSC MTS
7. SSC JE

Hence, we can say that the number of options in Bank exams is greater than SSC.

2. DIFFERENT SYLLABUS

The syllabus of both Bank and SSC is similar in terms of subjects that include (Quantitative Aptitude, English, Reasoning Ability, and General Awareness).

But the syllabus of Banking is in more depth as compared to that of SSC. The syllabus of SSC is a bit lengthy. You have to study some extra topics that are not covered in Bank exams.

Quantitative Aptitude: In both Bank and SSC exams there is the basic mathematics portion, But in Banking it focuses more on calculative form of questions like Data Interpretation, whereas in SSC you have to study some extra topics in Advance Math like Algebra, Geometry, Trigonometry, etc.

English: The English section of both the exams is almost of the same level. SSC focuses more on topics like idioms and phrases, phrasal verbs, spotting the error, antonyms and synonyms whereas Bank focuses more on grammar, vocab, reading comprehension, etc.

Reasoning: The Reasoning part of the Banking exams is a bit tougher than SSC exams.

General Awareness: Knowledge of current affairs and banking related terms and economy is enough for Bank exams, whereas in SSC exams a candidate need to study current affairs along with static GK which includes topics like physics, chemistry, biology, history, polity, geography, economics.

3. TIME TAKEN TO COMPLETE THE PROCEDURE

BANK

In the Banking sector the selection process completes within 6–7 months itself. It starts from the prelims exams, till the day you get your joining letter in hand. The entire process of conducting examination and interview is finished by the Banks within a maximum period of 7 months.

SSC

In the SSC, the selection process is a bit time taking. The SSC takes around 1–2 years in completion of all the exams from Tier 1 to Tier 3. After the declaration of results, a candidate has to wait for some more time until he gets his joining letter. Therefore, the selection process in SSC takes more time as compared to Bank.

4. COMPETITION LEVEL

BANK EXAMS

The competition level in the Banking exams is moderate. Every year around 10–15 lakhs students fill the examination form for various banking exams like SBI, IBPS, RBI, etc. From these applied candidates, approximately 10–12 lakh students give the exam. So, you can say that the exam’s competition level is moderate.

SSC EXAMS

In SSC the competition level is difficult as compared to Bank exams. The SSC receives around 20–30 lakhs forms every year for various exams like CGL, CHSL, CPO, Steno, etc. From these applied candidates, approximately 20–25 lakhs students give the exam. Hence, we can say that the competition level in SSC is difficult than that of Bank exams.

5. SALARY

BANK:-

IBPS: The monthly salary of a Probationary Officer in any bank under the IBPS (like Union Bank of India, PNB, Bank of India, Bank of Baroda, etc.) varies between Rs. 40,000 -Rs. 45,000. This salary is included with all the perks and allowances provided by the government.

Whereas the monthly salary of a Clerk in any bank under the IBPS (like Union Bank of India, PNB, Bank of India, Bank of Baroda, etc.) varies between Rs. 25,000 -Rs. 30,000. This salary is included with all the perks and allowances provided by the government.

SBI: The monthly salary of a Probationary Officer in SBI lies between Rs. 45,000 -Rs. 55,000. The salary in SBI is higher because of its extra allowances and perks allowed by the Government.

Whereas the monthly salary of a Clerk in SBI varies between Rs. 30,000 -Rs. 35,000. This salary is included with some extra perks and allowances provided by the government.

SSC:-

The SSC salary is subject to revision under the 7th pay commission. Basically the salary of an officer depends on his/her post. The salary of an employee is roughly around Rs. 40,000 -Rs. 45,000/- per month. In case the employee is on a higher level post (Income Tax Officer, Customs and Excise Duty Inspector), the salary increases to Rs. 70,000 -Rs. 75,000 per month.

6. WORKING HOURS AND WORK PRESSURE

BANK:-

In Banking sector the work pressure is immense as compared to SSC. They have a heavy work load during the year end or quarter end time due to closing of accounts, tallying of Balance Sheet, etc.

The working hours in the Banking sector is of 6 days a week. There is a bank holiday on 2nd and 4th Saturday of every month.

SSC:-

In SSC, the work pressure is relaxed as compared to that of the Banking sector. The staff gets their task as per the directions of the Senior Officials.

The working hours in the SSC is of 5 days a week. There is a proper timed work with no extra hours.

Therefore, we can say that the work load and working hours in the SSC is much relaxed than that of the Banking sector.