Punjab & Sind Bank Recruitment 2026: Career Guide & Vacancy Details

About Punjab & Sind Bank Careers

🏛️ Organization Overview

Punjab & Sind Bank is a premier Public Sector Bank with a rich heritage and a significant footprint across India, particularly in Punjab, Haryana, and Delhi. As a government-owned entity, it plays a vital role in the nation's financial inclusion and economic development. The bank's operations are decentralized through various zonal offices, ensuring that its services reach both urban centers and rural heartlands.

Joining Punjab & Sind Bank means becoming part of a workforce that values customer-centricity and ethical banking. The bank offers diverse career paths in retail banking, corporate credit, digital transformation, and rural development. With the banking sector moving towards high-tech solutions, PSB is actively recruiting talent capable of driving its digital banking initiatives while maintaining its traditional strength in personalized service.

💼 Key Job Profiles (Evergreen Roles)

• Probationary Officer (PO) / Management Trainee: Entry-level officer role (JMGS-I) involving general banking, credit appraisal, and branch operations. Recruited typically through IBPS.
• Local Bank Officer (LBO): A specialized cadre focused on regional branch banking. Candidates are required to be proficient in the local language of the state of posting and often require prior experience in banking.
• Specialist Officer (SO): Roles for professionals in niche areas like IT, Law, Agriculture, Credit, and Risk Management. These are often Scale-II (Manager) or Scale-III (Senior Manager) positions.
• Customer Service Associate (Clerk): The primary face of the bank for daily transactions, deposit mobilization, and customer assistance at the branch level.

💰 Salary & Employee Benefits

The salary at Punjab & Sind Bank is governed by the Bipartite Settlement between the Indian Banks' Association (IBA) and bank unions.

• Pay Scales: Officers in JMGS-I typically start with a basic pay around ₹48,480, while MMGS-II (Managers) and SMGS-IV (Chief Managers) can reach basic pays of ₹93,960 and ₹1,20,940 respectively.
• Allowances: Includes Dearness Allowance (DA), House Rent Allowance (HRA) or Leased Accommodation, City Compensatory Allowance (CCA), and Special Allowance.
• Perks: Employees enjoy Medical Aid, Leave Travel Concession (LTC), Petrol/Conveyance allowance, Newspaper allowance, and subsidised loans for housing and vehicles.
• Retirement Benefits: Covered under the National Pension System (NPS), along with Gratuity and Leave Encashment.

🎯 Selection Process

Punjab & Sind Bank follows a standardized, merit-based selection hierarchy.

1. Written Examination: An online objective test covering English, Quantitative Aptitude, Reasoning, Banking Awareness, and Professional Knowledge (for SO/LBO roles).
2. Screening/Shortlisting: Candidates are shortlisted based on their written scores and eligibility criteria (such as post-qualification experience for lateral entries).
3. Personal Interview: Evaluation of communication skills, personality, and depth of banking/technical knowledge. The interview usually carries a 30% weightage in the final merit.
4. Local Language Test (LPT): Mandatory for LBO and Clerical cadres to ensure the candidate can read, write, and speak the regional language of the applied state.

💡 Expert Tips: How to Crack Punjab & Sind Bank Exams

• Focus on Banking Awareness: Unlike general competitive exams, PSB interviews and written tests (especially for LBO/SO) heavily emphasize current banking trends, RBI circulars, and the Indian Economy.
• Speed and Accuracy: For IBPS-led exams, the sectional timing is tight. Practice mock tests specifically designed for the "Bank PO" pattern to master time management.
• Understand the PSB Heritage: Research the bank's specific schemes (like PSB UnIC) and its history. This is often a differentiator during the Personal Interview phase.