IBPS PO Exam Preparation

IBPS PO Eligibility Criteria 2024 Official Details :-

IBPS PO exam eligibility criteria 2024 is a major factor to participate in the recruitment process. Since IBPS PO is the most admired post among the banking jobs in the country. Thus, to apply for the IBPS PO exam, candidates must meet the requirements and need to know the IBPS Eligibility Criteria.

IBPS PO Nationality  :-

A candidate applying for the IBPS PO exam must be either -

1. a citizen of India or
2. a subject of Nepal or Bhutan
3. a Tibetan Refugee who came over to India before 1st January 1962 with the intention of permanently settling in India or
4. a person of Indian origin who has migrated from any of the following countries with the intention of permanently settling in India

• Sri Lanka
• Pakistan
• Burma
• East African countries - Kenya, the United Republic of Tanzania (formerly Tanganyika and Zanzibar), Uganda, Ethiopia, Zaire, Zambia, Malawi, and Vietnam.

Please Note:- Candidates belonging to other than Indian citizenship must hold a certificate of eligibility as issued by the Government of India.

IBPS PO Age Limit Criteria 

AGE (AS ON 01.08.2024):

Following is the IBPS Probationary Officer age limit in tabulated manner:

More information about IBPS Probationary Officer age limit:

• The age limit of a minimum of 20 years and maximum of 30 years old  is the eligibility for the IBPS PO exam.
• This means candidates who are born earlier than 02.08.1994 or later than 01.08.2004 do not pass the IBPS eligibility criteria to apply for IBPS PO 2024 (subject to IBPS PO age relaxation). Both these dates are inclusive of age calculation.
• Candidates appearing for IBPS PO may seek age relaxation based on the following -

IBPS PO Age Relaxation

Candidates who request relaxation in age limit to pass the eligibility will have to produce relevant certificates in original as well as Xerox when called for Interview or at any stage of recruitment as required by IBPS.

IBPS PO Educational Qualification 2024

(As on 21.08.2024):

• IBPS PO Degree Requirement: As of 21.08.2024, the candidate must possess a graduation degree in any discipline/stream from a Government of India recognized university or he/she must have any equivalent qualification, recognized by the Central Government to appear in IBPS PO 2024.
• IBPS PO Educational Qualification: A valid mark sheet or degree certificate must be present with the student certifying that he/she is a graduate as on the day prescribed by IBPS. The date mentioned on the mark sheet/provisional certificate, issued by the University will be considered as the date of passing the eligibility examination.
• IBPS PO Educational Eligibility Criteria: If any university provides a web-based certificate or the result is posted online then the candidate will be required to submit a relevant original document or a certificate signed by an appropriate college/ university authority, clearly mentioning the date of passing from the Institute, and will have to be presented at the time of the interview, otherwise the eligibility criteria will not be met.
• IBPS PO Eligibility Percentage: In case any university/college awards CGPA/OGPA, the candidates are required to convert it into a percentage (nearest to 2 decimal places) and mention it in the application form. Percentage fraction in scores will be ignored, i.e. if a student has secured 59.99% marks, it will be treated as less than 60%.

IBPS PO Percentage Calculation under Educational Qualification Criteri

• The percent marks will be calculated by dividing the total marks that the student has obtained in all the semester (s)/ year (s) by the aggregate maximum marks (in all the subjects, irrespective of honors/ optional/ additional optional subject if any) and then multiplied by 100. 
• This will be applicable to those Universities also where Class / Grade is decided on the basis of Honours marks only.
• In cases where CGPA / OGPA is awarded by the Institute, the same should be converted into the percentage and mentioned in the online application. At the time of the interview, the candidate will have to produce a certificate issued by the appropriate authority stating the norms of the University regarding the conversion of grade into percentage and the percentage of marks scored by the candidate in terms of norms.

How many attempts are allowed in IBPS PO?

There is no restriction on the minimum number of attempts for the IBPS PO exam. Also, there is no mention in the official notification of IBPS PO as released by the officials of IBPS. Candidates can appear as many times as they want until they meet the IBPS PO eligibility criteria.

All the best for your exam preparation!

IBPS PO Exam Pattern 2024 For Prelims

The IBPS PO Prelims is the first stage of the IBPS PO 2024. This is the screening round

• The Prelims Stage of IBPS PO will have three sections of a total duration of 1 Hour.
• There will be a total of 100 Multiple Choice Questions.
• Candidates will have to qualify in each of the three tests by securing minimum cut-off marks to be decided by IBPS.
• An adequate number of candidates in each category as decided by IBPS depending upon requirements will be shortlisted for Online Main Examination.

IBPS PO Prelims Exam Pattern

Note: There will be a negative marking of 0.25 marks for every incorrect answer

IBPS PO Exam Pattern 2024 for Mains

This is the 2nd Stage of the IBPS Exam. The candidates who will qualify for the Prelims of IBPS PO Exam will be eligible to appear for the IBPS PO Mains Exam 2024.

1. There will be four sections for the IBPS PO Mains Exam and an additional section of the English Language which will be taken separately on the same date of the exam.
2. The IBPS PO Mains Exam will have a total of 200 MCQ’s of a total duration of 3 Hours.
3. There will be separate timing for each section as it was in the IBPS PO Prelims Exam.
4. The candidates will have to pass separately in each test/section.

Introduction of Descriptive Test: 25 Marks

IBPS has included the descriptive test of 25 Marks in the PO Mains Exam. The candidates will have to write an essay and a letter of 25 marks. The English Language Paper is to assess the candidates’ writing skills and it is compulsory to pass this paper by securing a minimum cut-off.

IBPS PO Mains Exam Pattern

A candidate’s marks in the IBPS PO Mains Exam should be sufficiently high to be eligible for the Final Section.

Note: There will be a negative marking of 0.25 marks for every incorrect answer. 

IBPS PO Interview Process :-

Candidates who qualify for the Mains Exam are finally called for the Interview Process by IBPS. The Interview Process will constitute of 100 marks and the minimum marks for qualifying this round will be 40% which is reduced to 35% for candidates belonging to SC/ST/OBC/PWD categories.

Penalty for Wrong Answers:-

0.25 marks will be deducted for every question attempted wrong by a candidate in both IBPS PO Preliminary Exam and IBPS PO 2024 Mains Exam. There will be no deduction of marks for a question left blank/unattempted by a candidate.

Final Selection

The final selection of the candidate for the post of Probationary Officer will be made by taking into consideration the cumulative score of Mains Exam and the interview process. The weightage of both these phases of examination will be in the ratio 80:20 respectively. A merit list will be generated after the Interview Process of the IBPS PO 2024 Exam has been conducted. Candidates who make it to the list will be thus offered the joining letter by the Bank of their choice.

IBPS PO Syllabus For Prelims :-

IBPS PO Prelims Exam Syllabus: IBPS PO Preliminary Exam is the primary selection round of the IBPS PO 2024 Exam. Candidates who clear the preliminary exam are eligible to appear for the mains exam. The Preliminary Exam of IBPS PO comprises three major sections: Reasoning, Quantitative Aptitude and English Language.

IBPS PO Mains Syllabus :-

IBPS PO Mains Exam Syllabus: The main exam is the important phase of the IBPS PO 2024 Exam. Maximum weightage is given to score obtained by the candidate in IBPS PO Mains Exam in the final selection to the post of Probationary Officer. The Mains Examination of IBPS PO exam 2024 consists of 4 + 1 sections: Reasoning & Computer Aptitude, English Language, Quantitative, Aptitude & General Awareness. IBPS has introduced a descriptive paper in its mains exam for the selection of candidates for the post of Probationary Officer.

IBPS PO Salary:-

IBPS offers lucrative salaries to their Probationary Officers which is the main reason that every year graduates rush for grabbing this job opportunity. Many of the banking aspirants are confused about the bank providing salary as per the 7th pay commission. However, bank follows bipartite settlement for revising the IBPS PO Salary. In this article, we have discussed the salary and everything a bank aspirant looks forward to before joining as Probationary Officer in 11 participating banks of IBPS.

The updated IBPS PO salary has been decided on the basis of the 11th Bipartite Agreement in November 2020. The basic pay has been revised to Rs. 36,000 and the revised IBPS PO Salary has been made effective from November 2017. Read further to know about the revised IBPS PO Salary Structure, Job Profile, Career Growth, Allowances, and Promotion Policy of an IBPS PO.

IBPS PO Salary :-

IBPS PO In-hand Salary

The initial in-hand salary package offered to an IBPS Probationary Officer is Rs. 52,000 to 55,000 with dearness allowances, special allowances, HRA, and other perks. The IBPS PO Gross Salary is around Rs. 57,000 and after a deduction, the net in hand salary remains around Rs. 52,000 to 55,000.

IBPS PO Salary in India after the Bipartite Settlement

Wage revision for bank employees has been approved to be effective from November 2017 under the 11th bipartite settlement. The revised salary would span five years till 2023 or until revised by IBPS. Nearly 8.8 lakh employees have been benefiting from the approval of the 11th bipartite settlement. There is a provision of timely increment of the pay of the IBPS PO officer.

IBPS PO Salary- Perks & Allowances

IBPS PO House Rent Allowance (HRA): It varies according to the place of posting and can be 9.0% or 8.0% or 7.0% of the basic salary depending upon the type of cities (i.e., metros, big cities or other locations).

IBPS PO Dearness Allowance (DA): Dearness Allowance (DA) is given to the employees as a percentage of the basic salary (In January 2016, it was around 39.8% of the basic salary, which has been reduced to 23.87% as on November 2017) This is revised every three months based on the All India Consumer Price Index Data published by the Ministry of Statistics and Program Implementation, Government of India. The Bank unions are determined to make it a monthly revision in the impending wage settlement.

IBPS PO Special Allowance (SA): This allowance has been included in the last wage revision for the banks. It is about 7.75% of the basic pay. It came into effect from November 2017.

IBPS PO City Compensatory Allowance (CCA): Based on the type of city, it might be 0%, 3% or 4%.

Some other perks of an IBPS Probationary Officer are Learning Allowance, Traveling Allowance, Newspaper Reimbursement, Medical Aid, Benefits under New Pension Scheme etc. If we sum up then the salary may be Rs. 52,000+.

Promotion Policy of an IBPS PO

Most of the public sector banks follow uniform guidelines issued by the Ministry of Finance, Government of India, regarding promotion policy matters. The public sector banks follow two channels in case of promotion i.e. the merit channel and the normal channel. You can learn about the complete details from the link given below:

Promotional Channels for PO in Public Sector Banks

Career Growth of an IBPS PO The salary of Officer JMGS I (Junior Management Grade Scale I) or probationary officers in banks ranges from Rs. 52,000 to Rs. 55,000.

IBPS PO job profile

The highly prestigious IBPS PO job profile fascinates a myriad of candidates towards the remarkable opportunity. It is highly essential for the candidates to be well aware of all the pertinent centering on the IBPS PO job profile to analyze whether you are a perfect fit for the designated work.

The candidates are often curious and apprehensive about the upcoming roles and responsibilities if they get selected. They will be able to get a crystal clear picture of the IBPS PO job profile and the work environment. The complete and the proper knowledge about the IBPS PO job profile 2023 will also fuel passion amongst the candidates to prepare best and excel in the examination.

IBPS PO Job Profile 2023

The Institute of Banking Personnel Selection brings forth an astounding opportunity for the candidates who wish to pursue their careers in the banking sector. The IBPS PO job profile is associated with a high reputation and the candidates getting recruited for the job receive numerous benefits. The aspirants must be preparing for the upcoming examinations.

They must be wholly cognizant of the IBPS PO job profile 2023 and the upcoming roles and responsibilities. The candidates who qualify in all the stages of the selection process will get recruited as Assistant Managers. This post comes under Junior Management Grade A  [JMG Scale-1, and is also called Scale 1 Officer or Assistant Manager.

They need to undergo a probation period to get recruited as Assistant Managers. The probation period is of 2 years, they learn all the basic skills involved and requisite in the banking sector.

IBPS PO Job Profile- Initial Posting

The candidates getting selected for the IBPS PO post will have to undergo a training and probation period where they will learn more about the fundamentals of the work. The below-mentioned points will walk you through the initial posting details of the Probationary Officers of the Institute of Banking Personnel Selection.

• Selected Probationary Officers go through an Induction Training Program in the Management Training Academies of the Bank.
• The training lasts for 10 to 20 days and the duration of training varies from bank to bank. 
• PO can be posted anywhere in India after completion of their induction training in Management Training Academies.
• They are posted as an Asst. Manager on probation in different branches or Head Office or Corporate Office or Zonal Offices.
• They may be posted in specialized branches like microstate branches, treasury Branches, etc. as per the placement policy of particular banks.

IBPS PO Job Profile- Roles And Responsibilities

Here we have furnished the complete details about the roles and responsibilities that are to be taken by the IBPS PO Officers once they pave their way through all the stages of the selection process. You will learn to handle all these responsibilities once you get recruited, and undergo a probation period. The candidates who aspire to land the desired position need to be multi-taskers to handle all the work efficiently.

1. Multitasking Job:

• A POs job is a multi-tasking job and they are assigned for various banking activities.
• This helps them to get familiar with various working procedures of the banking industry.

2. Practical knowledge: 

• POs are trained in various fields such as Marketing, Accounting, Loans & Advances as well as Finance.

3. Customer services: 

• Often POs are required to handle the customers of the banks.
• PO guides them about the banking facilities and products available for them like issuing Cheque books, ATM cards, Demand Draft, etc.
• Customer complaints like discrepancies in accounts and the rectification of undue charges are also handled by Probationary Officer.

4. Supervision of Clerical work: 

• PO supervises all the clerical work such as managing cash, opening accounts, and customer dealing.
• In the case of cash transactions, PO is responsible to check whether the Clerk entered everything correctly and approving the transactions.

5. Loan Processing:

• One of the major functions of the bank i.e. providing a loan to the needful is also taken care of by a PO.
• PO does all the documentation under his/her supervision before granting the loan to the customer.

At last, a probationary officer works in various departments of the bank. It can be Deposits, Loans & Advances, Clearing, Pensions, Payment and Cheque clearances, Fixed deposits, ATM and Internet Banking, Credit Card, Report Making, etc.

IBPS PO Career Growth

The Institute of Banking Personnel Selection offers a plethora of opportunities to the candidates who get recruited as Probationary Officers. They can get promoted to the level of Chairman and Managing Director. The hierarchy of the promotion level has been mentioned below. Get acquainted with all the levels of promotion to get complete knowledge about the IBPS PO career growth opportunities.

• Probationary Officer 
• Manager 
• Senior Manager 
• Chief Manager 
• Assistant General Manager 
• Deputy General Manager 
• General Manager 
• Executive Director 
• Chairman and Managing Director

Duration of IBPS PO Probation Period

The recruited candidates have to undergo a probation period, in this period they will get acquainted with the basic responsibilities and roles. Take a look at the points mentioned underneath, to get the complete information about the IBPS PO probation period and the details of it.

• Usually, the probation period for PO is two years.
• During the probation period, the officer is exposed to various aspects of the Banking sector and its work.
• In some banks, the duration of the probation period may be limited to one year.
• In some banks, the Probation period is divided into phases which vary from bank to bank.

Example: In Indian Bank, the Probation period is divided in;

1. Ist Phase- 6 months,
2. IInd Phase-6 months and
3. IIIrd Phase- 1 year.

The officers under probation period may undergo frequent transfers or deputations.

Once the probation period is completed the officer is confirmed as an Assistant Manager and gets his or her permanent posting.

IBPS PO Vacancy 2024

IBPS has announced the notification for Probationary Officer (PO) recruitment for 2024. This year, 4455 vacancies are available in various participating banks. The application process will be filled from 01 August to 21 August. Interested candidates can apply online.

IBPS PO 2023 Vacancy

IBPS PO 2022 Vacancy

Download Final Result & Vacancy

IBPS had announced 6932 vacancies of Probationary Officer posts to be recruited for  2021-22 for 11 participating banks which have been tabulated in the detail below. The IBPS PO Vacancies for IBPS PO 2021 will be announced along with the official notification.

Names of Vacant Positions: Probationary Officers/Management Trainee (PO/MT). Till the time, check last year vacancy details for 11 participating banks from the below table.Download Final Result & Vacancy

IBPS PO Mains Cut-Off 2023 Out

BPS has released the IBPS PO Main Exam 2023 score and cut-off on its official website. The category-wise and section-wise cut-off marks are shown in the table below.
Candidates can check their score through their registration number/roll number and date of birth.

IBPS PO Mains Cut-Off 2023- Section-wise

IBPS PO Mains section wise cut-off is shown in the table below

IBPS PO Prelims Cut Off 2023

Institute of Banking Personnel Selection has released the IBPS PO Prelims Cut Off 2023 on 25th October 2023 on its official website.
The category wise cut off released by IBPS is shown in the table below.

IBPS PO Prelims Cut Off 2023 (Section-Wise)

Section-wise IBPS PO Prelims Cut Off 2023 for SC, ST OBC, PwBD, General, EWS category is given below.

IBPS PO Mains+Interview Cut off 2022 

Download Final Result & Vacancy

IBPS PO 2022 mains exam was conducted on 26th November 2022. IBPS PO Mains Cut-off 2022 has been released along with the IBPS PO mains scorecard 2022
by the Institute of Banking Personnel Selection on 12th January 2023. The category-wise and section-wise IBPS PO mains cut-off has been updated here. 
 

IBPS PO Mains Section-wise Cut off 2022

Let's have a look at IBPS PO Mains Cut-Off 2022 (Section-wise).
Download Final Result & Vacancy

IBPS PO Prelims Cut Off 2022

IBPS PO Prelims Cut-Off 2022- Section-wise

Download Final Result & Vacancy

All the best for your exam preparation!