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IBPS PO Recruitment

A probationary officer (PO) or management trainee (MT), as the name signifies is the entry-level designation for a new employee when it comes to officer assignments in Indian banks. So how to become a PO then? Clearing the IBPS’s Common Bank Exam and Interview is the newly-set standard for most of the public sector banks in 2015. This process is collectively known as IBPS PO recruitment, and it starts in the second half of every year with the online registration for aspirants.

Becoming a PO at the younger age is a highly regarded professional achievement. From the Assistant Manager position at the start, a PO can progress into top offices, and can even become the managing director of the serving Bank if he/she gets selected at the right age and contributes significantly to the growth of the firm. The current MD of SBI, Mrs. Arundhati Bhattacharya joined the bank as a PO in 1977, and now she is the youngest administrator of the elite PSU at the age of 57.

Selection Process:
  • From 2015, there will be two online exams for IBPS PO applicants. The first one is the preliminary exam of 100 marks and 1-hour duration. The second one is PO Main Exam with 200 questions and 2-hour duration..
  • The Prelims is just a screening process to admit candidates to the PO Main examination; Its result has no value beyond this.
  • The combined result, which is the sum of the scores in IBPS PO Main examination and interview has the final word in a candidate’s eligibility for placement.
  • Banks will send the PO recruitees for a 2-year probation right after IBPS selection. The probation period, associated training and evaluation are conducted by the respective banks; IBPS has no/limited role in it.
  • After training the candidate will be promoted as an Assistant Manager and will get a variety of banking duties depending on personal interest, and at the discretion of the institution. Eventually, a PO will head the various divisions of the bank during the service tenure. As of 2015, the gross salary of newly appointed Bank PO selected through IBPS is approximately 30,000/-INR (revision expected), and the CTC totals around 50000 /-INR for a Metro posting.

Banks Participating in IBPS PO:

Allahabad Bank Indian Overseas Bank
Andhra Bank Oriental Bank of Commerce
Bank of Baroda Punjab National Bank
Bank of India Punjab & Sindh Bank
Bank of Maharashtra Syndicate Bank
Canara Bank UCO Bank
Central Bank of India Union Bank of India
Corporation Bank United Bank of India
Dena Bank Vijaya Bank
ECGC IDBI Bank
Indian Bank Bharatiya Mahila Bank
Eligibility

Educational Qualification :

A Degree (Graduation) in any discipline from a University recognised by the Govt. Of India or any equivalent qualification recognized as such by the Central Government.The candidate must possess valid Mark-sheet / Degree Certificate that he/ she is a graduate on the day he / she registers and indicate the percentage of marks obtained in Graduation while registering online — as on 01.08.2016

Age Limit:

Minimum: 20 years Maximum: 30 years i.e. A candidate must have been born not earlier than 02.07.1985 and not later than 01.07.1995 (both dates inclusive)

Relaxation of Upper age limit

Category Age Relaxation (years)
SC/ST 5
OBC 3
PWD 10
Domiciled in J&K during the period
01/01/1980 – 31/12/1989		 5

Pattern of IBPS PO Recruitment Exam

Preliminary Examination

Sr.No. Name of Test No. of questions Maximum Marks Duration
1 English Language 30 30 1 hour
2 Quantitative Aptitude 35 35
3 Reasoning Ability 35 35
Total 100 100
Negative Marking: 1/4th of the marks deducted for every incorrect answer

Main Examination

Sr.No. Name of Test No. of questions Maximum Marks Duration
1 Reasoning 50 50 Composite time of 120 minutes
2 English Language 40 40
3 Quantitative Aptitude 50 50
4 General Awareness (with special reference to Banking Industry) 40 40
5 Computer Knowledge 20 20
Total 200 200
Negative Marking: 1/4th of the marks deducted for every incorrect answer
Application Process and Fees
Step I. Register and get the provisional registration number & password generated.
Step II. Pay using either:

• ONLINE MODE – through Master/ Visa Debit or Credit cards or Internet Banking
• OFFLINE MODE – payment of fees through CBS branches of any of the following public sector banks – Bank of Baroda, Bank of India, Bank of Maharashtra, Central Bank of India, Indian Overseas Bank, Punjab National Bank, United Bank of India
Note: There is also a provision to reprint the submitted application containing fee details, three days after fee payment.