Banking Clerk vs Insurance Assistant For all those who have stepped into the domain of competitive exams, must be in a dilemma Banking Clerk vs Insurance Assistant - which to choose as a career? We understand your problem and have come up with a few arguments that can help you decide. Compare Bank Clerk and Insurance Assistant There are a number factors that one should consider for comparing between an Insurance Assistant post and a Bank Clerk. You have to check for the minimum essential qualification for both, tally the roles and responsibility of clerk and insurance assistant, their salaries and career growth prospects. Essential Qualification and Eligibility: Starting with Insurance Assistant qualification, every candidate must be a graduate with minimum 55% marks. Additionally, he/she should be within age limits of 21-28 years. If we consider the Bank Clerk qualification, the applicants must have a graduation degree, but there is not cut off percentage. Moreover, the age limits for bank clerk is from 20 years to 28 years. Exam Structure : The exam pattern and syllabus is somewhat similar. But the difficulty level varies. Practice with NIACL Assistant Mains mock test as per the latest exam pattern. Job responsibilities: An individual has to perform a number of duties under Bank Clerk role. A bank clerk is responsible for handling the operating windows – accepting cheques, cash deposits and also dispensing cash and drafts. Clerks also have to be the customer support assistant helping them with new account opening and resolving basic issues. It is the duty of Bank Clerk to verify documents and market financial products. At the same time, it is an Insurance agent’s job role to deal with customers, handle their issues with policies, accounts and manage their claims. Salary and Allowance: With the exams approaching, people are more intrigued to know the salary of IBPS Clerk vs NIACL Assistant. There is also a minimal difference in salary between clerk and insurance assistant. The salary of a Bank clerk ranges within Rs. 20,000 to Rs. 21,000 approximately. The salary of Insurance Assistant is slightly high compared to that of a bank clerk. An Insurance Assistant gains a pay scale of Rs. 23,000 to Rs. 24,000. So, you can state that Insurance Assistants acquire more remuneration with less duties. Career Prospect: While comparing Insurance assistant vs banking clerks, career prospect plays a very important role. An Insurance Assistant can get promoted to higher official post by appearing for promotion exams
held by the authority. At the same time, a Bank Clerk is also liable to promotion, by themselves acquiring higher studies or appearing for assessments held for career growth. Examples of Bank Clerk exams: SBI Clerk IBPS Clerk Karur Vysya Bank Clerk Bank of Maharashtra Clerk Karnataka Bank Clerk etc. Examples of Insurance exams: NIACL Assistant ESIC LIC HFL LIC AAO NIACL AO NICL Assistant NICL AO OICL AO & more.. Hence we can state that, there is not much difference in the career profile of Bank clerk vs Insurance Assistant. But it is true that a Bank Clerk has to take over a number of responsibilities compared to insurance assistant. Moreover, Insurance assistants can enjoy a five days week job life with less responsibility and more salary. But obviously, the service of Bank Clerk is very much promising and stable with good career prospects. So, now its your turn to choose keeping in mind your passion and career goals. If you wish to apply for IBPS Clerk Exams, then do that at the earliest and prepare for competitive exams accordingly. We wish you all the best.