Why Most People Seek to Leave Public Sector Bank Jobs

Ever wondered why individuals in the public sector banking industry often look for alternative career paths despite stable compensation? As someone once on the lookout for a job, I initially found it baffling. However, after reflecting on my experiences, I have gathered some insights to share with future job seekers. This article aims to provide a candid overview of the challenges and frustrations of working in a public sector bank, without boasting about perks.

The System and Its Restrictions

Coming from a middle-class background, I understand the pressures to support one's family. While government jobs appear secure and provide some form of stability, it’s important to carefully consider your long-term aspirations. The public sector banking system is designed to offer a slight financial advantage, but it comes with a hefty string of constraints.

For instance, job postings are heavily influenced by connections, making it nearly impossible to secure a hometown position if you don't know the right people. Even when you have planned for a leave several months in advance, your application may be rejected due to jurisdictional limits. This can be especially disheartening when your home is far from the office.

Wasted Time and Target Chasing

Another significant frustration in public sector banks is the time wasted in meetings and calls. My office day typically starts at 10 AM, but by 12 PM, most of the team is still in meetings or taking calls from other offices. This is time that could be better utilized. Historically, my mornings were filled with activities, whether it was meeting my dad at the bank or women in rural areas going to the bank in the morning for various reasons.

The first three hours of the day are crucial, and a significant portion of the day's targets can be achieved before lunch. However, senior managers often inquire about progress only at 3 PM, by which time the day's work has already been completed. This inefficiency can be particularly frustrating and time-consuming.

The Challenges and Realities

The reality of working in a public sector bank includes dealing with loan defaulters, which can be both mentally and emotionally taxing. Despite these challenges, many continue to stay because they are in their 40s or 50s and their children are grown. The mornings or evenings no longer matter, as they are focused on long-term stability and ensuring their spouses are taken care of.

As someone who is 28 and exploring various exam preparations, I find that the younger generation faces an increasingly difficult choice. I understand the importance of contributing positively to avoid others falling into the same trap. Though I had prepared for the RBI exam, my mocks did not reflect well. So, I'm taking the SSC exams as well, consistently working to improve my scores.

Seeking Alternative Career Paths

Instead of preparing for banking exams, why not focus on improving your skills? Even if you earn 40k per month, you are likely twice as capable and versatile as most bank employees. The world doesn’t end after getting a job; it begins.

After relocating to Jalgaon in Maharashtra, I found it comforting to live near a temple. This change has allowed me to pray from my balcony and wake up to the sound of rituals. While I may sound biased, I believe honesty and rationality in self-reflection are crucial. Facing failure is a part of life, and I hope we can all accept and learn from our experiences.