Hello, guys, this blog is dedicated to all those candidates who wish to start their career nowhere but in the banking sector. through the experience, it has been observed that due to the implementation of fast track recruitment procedures and presenting a huge number of vacancies, the IBPS has been one of the favorite choices of the young and fresher candidates.
We have noticed that there is a paucity of knowledge around the internet. No other site provides basic information to beginners, as a result, some candidates even don’t know the meaning of these selection boards. Therefore, we decided to write up a blog which will help not only the novice candidates but also those candidates who have some doubts about the procedures of the banking sector recruitment.
- 1 What is IBPS?
- 2 How To Prepare For These Exams
What is IBPS?
The acronym IBPS stands for Institute of Banking and personnel selection. It is a self-governing department of India. This department initially started on 1975 but became a fully independent entity on 1984. IBPS has been known for conducting common written examination (CWE) for the recruitment procedures of various clerks and officers in 29 public sectors and regional rural banks since 2011.
Besides its key activity i.e. CWEs, it also offers human resource administrations to LIC, insurance agencies, NABARD, IDBI, public sector undertakings and government departments.
CWEs are among one of the most competitive examinations in India. Each year IBPS publishes notification, inviting various graduate and post graduate candidates for the recruitment procedures of many posts through CWE. Candidates have to fill up the application form for their respective posts by online methods through the official sites of IBPS only. The recruitment is done by two or three tier examinations which may be written an exam, personal interview (for officer posts), or some personality tests.
Examinations Held By IBPS
IBPS conducts various examination each year, some of them with the job profile and examination patterns are as follows:
- IBPS clerks: two tier examination is conducted by IBPS for the recruitment procedure of clerks viz. preliminary and mains exam. The first tier comprises English language, quantitative aptitude and reasoning ability. This exam consists a total of 100 questions carrying one marks each with the time limit of 60 minutes. And in the second tier, two other subjects are added in the exam i.e. general awareness and computer knowledge here each section carries 40 question each.
- IBPS Probationary officers: in this examination, there are three tiers viz. preliminary, mains and personal interview. The examination patterns of preliminary and mains exam are similar to that of the IBPS clerk, but the level of examination is comparatively high.
- IBPS Specialist officers: There are numerous positions under IBPS Specialist officers, some of them are IT Officers (Scale-I), Agricultural Field Officers (Scale I), Rajbhasha Adhikari (Scale I), Law Officers (Scale I), HR/Personnel Officers (Scale I), and Marketing Officers (Scale I). the exam is of 200 marks consisting of 200 questions and it has 50 questions of professional knowledge 80marks.
- IBPS RRB (regional rural Banks): There are numerous positions to be filled through IBPS RRB Exam, for example, Officer Scale-I, Scale-II, and Scale-III. There are additionally expert officer positions like I.T. Officer, Chartered Accountant, Law Officer, Agriculture Officer, Marketing Officer. In clerical cadre, Office Assistant positions are also being recruited. The examination pattern is similar to that of PO exams.
Candidates note that in the written examination of the above CWEs, each section is allotted a separate timeframe within which the questions need to be answered and these exams have negative marking. for every wrong answer, you will lose 0.25 marks so, you have to be very careful while answering. We suggest you avoid any guesswork.
After successfully clearing the CWE examinations. some of the exams like PO and SO are followed by a common interview. These interviews are not held by banks. IBPS itself conducts these interviews. These CI are held at different locations and will prepare a final merit list which will be used to recruit them directly to the banking positions reported during the validity of their score card.
Selection Of Candidates:
Once the examinations and common interviews are successfully held, IBPS forms a rank list of the candidates. The cutoff marks are announced only after the interview.
The marks of cut off depend on various factors like vacancies in a state, performances of candidates, etc., for instance, if a certain state has a large number of vacancies the cut off may go down and similarly if the vacancy is low in that state the cut off may go up accordingly.
The candidates, who successfully clear all the levels of the examination, are posted all over the India.
Please note that there are some banks who do not recruit by means of IBPS, they offer some courses like one-year post graduates diploma in management which are administered by some private universities. These diplomas do not come under IBPS-CWE.
Pay Scale And Growth:
The basic salary of a bank PO is 14500, dearness allowance-14485, CCA- 540, HRA-1232.50,
Total salary- Rs.30758.00
this structure is for the year 2016, and my change in the future.
All over India
- Must have done graduation/ post-graduation or its equivalent from recognized board/ university.
- Knowledge of the local language of the state which you are applying is necessary. It would be tested at the time of interview.
For clerk jobs: Age not less than 20 years and not more than 28 Years. Age relaxations will be applicable as per the
For PO and SO: Age not less than 20 years and not more than 30 Years.
Age relaxations will be applicable as per the rules.
HOW TO APPLY
The procedure for applying these employments in India Candidates need to log on to the official site of IBPS in online mode only. There is no other approach to applying for these jobs. We advise all the interested candidates to click on the following link for further queries.
How To Prepare For These Exams
First of all, you must know the complete syllabus of the examination. Generally, the CWE exam tests the following abilities of the candidates:
- English knowledge
- Numerical ability
- Reasoning ability
- General awareness
- Quantitative aptitude
- Computer knowledge
- Professional knowledge (for SO)
For the detailed information about the syllabus click here
Books we suggest for the examination:
- High School English Grammar and Composition by Wren and Martin.
- plinth to paramount by Neetu Singh.
- word power made easy by Norman Lewis.
- Kiran Prakashan previous years’ question papers.
- Quantitative aptitude for competitive exams by RS Aggarwal.
- Quicker maths by M. Tyra.
- DI by Arun Sharma
- solve previous years’ question papers.
- Analytical reasoning by MK Panday.
- RS Aggarwal
- NCERT Books up to class 10th
- Lucent GK
- Guide to banking general awareness and banking aptitude test by RPH Editorial Board.
- Arahant books
- Computer knowledge book by Kiran Prakashan.
- Lucent’s computer knowledge book.
The above data are written by using previous year examinations and our experience only, in case there is any update/change in rules we will let you know on this website at the earliest opportunity. We suggest you to regularly visit the official website of IBPS to get updated.
Disclaimer: the examination data/results/imprints distributed on this site is just for the prompt data to the examinees and does not to be a constitute to be an authoritative record. While endeavors have been made to make the data accessible on this site as credible as it could be. We are not in charge of any accidental mistake that may have published in the information we have distributed on this site. We regret any misfortune to anyone or anything created by any shortcoming, inaccuracy or mistake of the data on this site.