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IBPS PO Exam overview
The Institute of Banking Personnel Selection has released the IBPS PO Notification 2024 on its official website, announcing a total of 3,955 vacancies. Candidates who have applied for the Probationary Officer position will be eligible to take the preliminary examination, scheduled for October 19 and 20, 2024.
The selection process for IBPS PO 2024 consists of three stages: prelims, mains, and an interview, all of which candidates must pass to complete the recruitment process. Those selected will serve as Probationary Officers in various Public Sector Banks (PSBs). The IBPS PO exam has been conducted annually since 2011, and the upcoming 2024 edition will be the 14th time this exam is held.
IBPS PO Notification 2024
The comprehensive IBPS PO Notification 2024 for the financial year 2025-26 has been released by IBPS on its official website, www.ibps.in. This notification includes all the details regarding 3,955 vacancies for the recruitment of Probationary Officers and Management Trainees in various public sector banks.
You can download the IBPS PO 2024 Notification PDF using the link below:
Download IBPS PO Notification 2024 PDF
IBPS PO Job Profile
The role of an IBPS Probationary Officer (PO) is prestigious within the banking sector and comes with numerous benefits. During the probation period, a PO undergoes training in various operations, including finance, billing, collections, accounting, revenue management, and investment. In addition to these core functions, POs may also be tasked with:
Resolving customer queries
Supervising and maintaining branch activities
Managing public relations and addressing customer issues and complaints
Handling daily customer transactions
Processing loan details
Bringing new business opportunities to the bank branch
IBPS PO 2024 - Exam Overview
The Institute of Banking Personnel Selection (IBPS) organizes the Common Recruitment Process (CRP) for the selection of Probationary Officers in 11 participating banks. The official notification for IBPS PO 2024 has been released, detailing the exam schedule and essential information. Here’s a concise summary:
IBPS PO 2024 Important Dates
The IBPS PO Notification 2024 was released on 1st August 2024, and candidates can apply online until 28th August 2024. Below are the key dates for the IBPS PO/MT CRP XIV 2024:
IBPS PO Vacancy 2024 [Revised]
The IBPS PO vacancies for the year 2024 have been updated, with a total of 3,955 openings for the roles of Probationary Officer/Management Trainee. The Central Bank of India has announced the highest number of vacancies, totalling 1,500. Some participating banks have not yet disclosed their vacancies, and these will be provided later. Below is a summary of the vacancies across the participating banks:
* Not Reported indicates that the respective bank has not yet released its vacancy details.
IBPS PO 2024 Online Application Process
The online registration for the IBPS PO 2024 exam is available on the official IBPS website, www.ibps.in, until 28th August 2024. The registration timeline was announced with the release of the IBPS PO 2024 Notification on 1st August 2024. For detailed instructions on how to apply, the required application fee, and the necessary documents, please refer to the link below.
Click Here for Apply Online Details for IBPS PO 2024 Exam
Steps to Apply for IBPS PO 2024 Exam
Eligible and interested candidates must complete the registration process on the official IBPS website. The application process involves the submission of a completed application form, payment of the required fee, and uploading the necessary documents, including a signature, photograph, and a handwritten declaration. The selection process includes three stages: Preliminary Exam, Main Exam, and Interview. Candidates must pass each stage to move forward in the recruitment process, with the final selection based on performance in the Main Exam and Interview.
To fill out the IBPS PO Exam 2024 application form without technical issues, candidates are advised to use the following web browsers:
Internet Explorer 8 or higher
Mozilla Firefox 3.0 or higher
Google Chrome 3.0 or higher
Required Documents for Online Application
Candidates applying online must have the following:
A valid email ID
Scanned copies of the photograph and signature in the required size
Necessary documents for online fee payment
The IBPS PO 2024 application form must be completed on the official IBPS website: www.ibps.in.
Steps for Completing the IBPS PO Application Process 2024
Online Registration:
Visit the official IBPS website and find the link for IBPS PO Recruitment under "Recent Updates."
Click on "New Registration" and enter the required information to create an account.
Filling Out the IBPS PO Application Form:
Log in with the credentials provided during registration.
Carefully fill out the application form, verify all details, and proceed to the next step.
Uploading Required Documents:
Upload your documents, including photographs and signatures, in the required format. Use tools like the Testbook Photo Resize Tool if needed.
Payment of Application Fee:
Pay the application fee according to your category. Once the payment is made, submit the application form and print a copy for future reference.
This streamlined process ensures that candidates can apply efficiently and accurately for the IBPS PO 2024 recruitment.
IBPS PO 2024 Application Fee
Candidates applying for the IBPS PO 2024 exam are required to pay an application fee, which varies based on their category. The payment can be made online using a debit card, credit card, or net banking. Please note that once the payment is made, it is non-refundable. The application fee for different categories is as follows:
IBPS PO 2024 Eligibility Criteria
To be eligible for the IBPS PO 2024 exam, candidates must meet specific requirements regarding educational qualifications, computer literacy, language proficiency, nationality, and age limit. Below are the key eligibility criteria:
Educational Qualification (as of 21/08/2024)
Graduation Degree: Candidates must hold a graduation degree in any discipline from a university recognized by the Government of India. Those with an equivalent qualification recognized by the Central Government are also eligible.
Documentation: Candidates should have a valid mark sheet or degree certificate confirming their graduation status on the day they register for the exam. They must also provide the percentage of marks obtained during registration.
Computer Literacy
Knowledge of Computer Systems: Basic working knowledge of computer systems is required for the job and to take the IBPS PO exam, which is conducted online.
Nationality / Citizenship
Candidates must be one of the following:
A citizen of India.
A subject of Nepal or Bhutan.
A Tibetan refugee who arrived in India before 1st January 1962 with the intention of permanent settlement.
A person of Indian origin who has migrated from countries such as Burma, Pakistan, Sri Lanka, Vietnam, or East African countries like Zaire, Kenya, Tanzania, Uganda, Zambia, Ethiopia, or Malawi with the intention of permanent settlement in India.
Candidates in categories 2, 3, and 4 must have a certificate of eligibility issued by the Government of India.
Age Limit (as of 01/08/2024)
Age Range: Candidates must be between 20 and 30 years old. They should have been born between 2nd August 1994 and 1st August 2004 (both dates inclusive).
Age Relaxation: Age relaxation is applicable for certain categories as per government rules:
IBPS PO Recruitment 2024: Selection Process
The IBPS PO recruitment process for 2024 involves selecting Probationary Officers (PO) and Management Trainees (MT) through a Common Recruitment Process (CRP). This process has been in place since 2011 and is officially known as IBPS PO/MT CRP XIV 2024. The selection process is divided into three phases: Preliminary Examination, Mains Examination, and Interview. Candidates must successfully pass each phase to advance to the next. Below is an overview of the key steps in the IBPS PO recruitment process:
1. Online Preliminary Examination
Shortlisting: Candidates in each category are shortlisted by IBPS based on the number of vacancies for the Online Mains Examination.
2. Online Mains Examination
Qualification Criteria: Candidates must clear both the sectional and overall cutoffs in the Mains Examination to be eligible for the Interview stage.
3. Interview
Coordination: The interview is conducted by the Participating Organizations and coordinated by the Nodal Bank in each State/UT, with support from IBPS.
4. Final Result
Combination of Scores: The final result is determined by the combined performance of the candidates in the Mains Examination and Interview.
5. Provisional Allotment
Allotment: Qualified candidates are provisionally allotted to different banks based on their preferences, which they indicate during the online application process. The allotment results are published on the official IBPS website.
Post-Provisional Allotment:
Bank Responsibilities: After provisional allotment, the respective banks are responsible for informing the selected candidates about their joining dates and procedures. IBPS's role ends once the provisional allotment is made.
Overview of the Recruitment Process
Public Sector Banking has become a popular career choice due to attractive salaries, job security, growth opportunities, and a good work-life balance. The selection process is well-structured, ensuring that only qualified candidates progress through each stage.
Participating Banks in IBPS PO Recruitment 2024
The following banks are participating in the IBPS PO recruitment process for 2024:
Punjab National Bank
Union Bank of India
Bank of India
Indian Bank
Canara Bank
Indian Overseas Bank
Central Bank of India
UCO Bank
Bank of Baroda
Punjab & Sind Bank
Bank of Maharashtra
This comprehensive process ensures that only the most qualified candidates are selected to serve as Probationary Officers in these prestigious banks.
IBPS PO 2024 Exam Pattern
The IBPS PO 2024 exam follows a structured pattern that consists of two main stages: the Preliminary Exam and the Mains Exam, both of which are conducted online. These stages are followed by a face-to-face interview. Here's a detailed breakdown of the exam pattern:
1. IBPS PO Prelims Exam Pattern 2024
Mode: Online
Duration: 20 minutes per section, totaling 60 minutes.
Sections: 3 sections with 100 questions in total.
Total Marks: 100 marks.
Negative Marking: 0.25 marks deducted for each wrong answer
Cut-Offs: Candidates must qualify in each section by securing the minimum cut-off marks as decided by IBPS. Shortlisted candidates will be eligible for the Mains Exam.
2. IBPS PO Mains Exam Pattern 2024
Mode: Online
Duration: 3 hours for the objective section and 30 minutes for the descriptive section.
Sections: 4 objective sections + 1 descriptive section.
Total Marks: 200 marks for objective + 25 marks for the descriptive section.
Negative Marking: 0.25 marks deducted for each wrong answer
Cut-Offs: Candidates must qualify in both the objective and descriptive sections to be eligible for the interview.
3. IBPS PO Interview
Marks: 100 marks.
Qualifying Marks: Minimum 40% (35% for SC/ST/OBC/PWD candidates).
Duration: Typically 15-20 minutes.
Content: The interview panel asks questions related to the banking sector, current affairs, general awareness, and personal background.
Final Merit List Calculation
Exclusion of Preliminary Exam: Marks from the Preliminary Exam are not considered in the final score.
Weightage: The final merit list is based on the combined scores from the Mains Exam and the Interview, with a weightage of 80:20 respectively.
Final Score: The aggregate score out of 100 is used to prepare the final merit list, and candidates with the highest merit rank in their category are selected.
This comprehensive exam pattern ensures a rigorous selection process, evaluating candidates on various aspects including subject knowledge, analytical skills, and personal suitability for the role of a Probationary Officer.
IBPS PO Prelims Exam Syllabus 2024
The Prelims exam consists of three sections: Reasoning Ability, Quantitative Aptitude, and English Language. Here's a detailed breakdown of the topics covered:
Reasoning Ability:
Logical Reasoning
Alphanumeric Series
Ranking/Direction/Alphabet Test
Data Sufficiency
Coded Inequalities
Seating Arrangement
Puzzle
Tabulation
Syllogism
Blood Relations
Input-Output
Coding-Decoding
Quantitative Aptitude:
Simplification
Profit & Loss
Mixtures & Allegations
Simple Interest & Compound Interest & Surds & Indices
Work & Time
Time & Distance
Mensuration – Cylinder, Cone, Sphere
Data Interpretation
Ratio & Proportion, Percentage
Number Systems
Sequence & Series
Permutation, Combination & Probability
English Language:
Reading Comprehension
Cloze Test
Para jumbles
Multiple Meaning / Error Spotting
Fill in the blanks
Miscellaneous
Paragraph Completion
This syllabus encompasses all the topics candidates need to prepare for in the IBPS PO Prelims exam. Each section tests different abilities, from analytical reasoning to quantitative problem-solving and proficiency in the English language.
IBPS PO Salary 2024
The salary structure for IBPS Probationary Officers (PO) has been revised as per the 11th Bipartite Agreement, which came into effect in November 2020. Here’s a detailed breakdown of the salary components and other perks:
IBPS Bank PO Salary Structure in India
Basic Pay: Rs. 36,000
Special Allowance: Rs. 5,904
Dearness Allowance (DA): Rs. 8,593.20
City Compensatory Allowance (CCA): Rs. 1,400
Learning Allowance: Rs. 600
DA Others: Rs. 1,552.50
House Rent Allowance (HRA): Rs. 3,240
Gross Salary: Rs. 57,289.70
Deduction (Tax & NPS): Rs. 4,659.32
Net Salary: Rs. 52,630.38
IBPS PO In-hand Salary
The initial in-hand salary for an IBPS PO is approximately between Rs. 52,000 to Rs. 55,000, which includes various allowances such as DA, HRA, and other perks. The gross salary is around Rs. 57,000, and after deductions, the net in-hand salary is approximately Rs. 52,000 to Rs. 55,000.
IBPS PO Salary after Bipartite Settlement
The 11th Bipartite Settlement has approved wage revisions for bank employees effective from November 2017, with the revised salary being applicable until 2023 or until further revision by IBPS. This settlement benefits around 8.8 lakh employees and includes provisions for regular pay increments for IBPS PO officers.
IBPS PO Perks & Allowances
House Rent Allowance (HRA): 7%-9% of basic pay, depending on the city of posting.
Dearness Allowance (DA): 23.87% of basic pay, subject to change based on inflation rates.
City Compensatory Allowance (CCA): 3%-4% of basic pay, depending on the city.
Special Allowance: 7.75% of basic pay.
Additional Perks:
Learning Allowance
Traveling Allowance
Newspaper Reimbursement
Medical Aid
Benefits under the New Pension Scheme (NPS)
The total salary package for an IBPS PO, including all these allowances, amounts to approximately Rs. 52,000 or more.
Promotion Policy of an IBPS PO
Public sector banks follow guidelines issued by the Ministry of Finance, Government of India, regarding promotion policies. Promotions typically follow two channels: the merit channel and the normal channel.
Career Growth for IBPS PO:
Officer JMGS I (Junior Management Grade Scale I): Starting salary of Rs. 52,000 to Rs. 55,000.
Other Scale Officers:
MMGS II (Middle Management Grade Scale II)
MMGS III (Middle Management Grade Scale III)
SMGS IV (Senior Management Grade Scale IV)
SMGS V (Senior Management Grade Scale V)
Promotions and career growth in the banking sector provide opportunities for salary increments and higher responsibilities.
IBPS PO Preparation
To effectively prepare for the IBPS PO 2024 exam, it's essential to follow a well-structured strategy tailored to both the Prelims and Mains exams.
Here's a comprehensive guide covering section-wise preparation tips:
1. Reasoning Ability
Key Topics: Coding-Decoding, Syllogism, Puzzles, Inequality, and Seating Arrangement.
Preparation Tips:
Start with basic concepts and gradually move to complex problems.
Practice previous years' papers and mock tests regularly.
Focus on developing techniques and shortcuts for quick problem-solving.
Make short notes of important techniques and strategies for quick revision.
Time management is crucial; practice in a time-bound manner.
2. Quantitative Aptitude
Key Topics: Profit & Loss, Percentages, Interest, Time & Work, Quadratic Equations, Number System, Data Interpretation.
Preparation Tips:
Focus on speed and accuracy by practicing calculation-based problems.
Memorize multiplication tables, squares, cubes, and percentage values up to 30.
Use shortcut tricks to save time during calculations.
Regularly practice Data Interpretation and Data Sufficiency problems.
Attempt sectional tests and analyze your performance to improve.
3. English Language
Key Topics: Grammar (sentence arrangement, error spotting), Comprehension, Vocabulary.
Preparation Tips:
Read newspapers (e.g., The Hindu, The Indian Express) daily to improve reading and comprehension skills.
Focus on grammar fundamentals and practice sentence correction and error spotting.
Build your vocabulary by learning new words, idioms, and phrasal verbs.
Write essays and letters regularly to improve writing skills, as these are tested in the Mains.
4. General Awareness and Descriptive English (Mains)
Preparation Tips:
Stay updated with the latest global and national events, especially related to the economy and banking sector.
Read financial newspapers, banking magazines, and general awareness books.
For the Descriptive section, practice formal and informal letter writing, along with essay writing on current topics.
Work on your grammar and syntax to enhance the quality of your writing.
5. Computer Knowledge
Key Topics: Computer Fundamentals, Hardware & Software, Networking, Operating Systems, Microsoft Office.
Preparation Tips:
Study basic computing concepts and daily practice on personal computers.
Review important topics like internet basics, memory types, and keyboard shortcuts.
Use computer knowledge notes for structured learning and revision.
General Preparation Tips
Tip 1: Understand the Exam Pattern & Syllabus
Familiarize yourself with the IBPS PO exam structure. Focus on topic-wise preparation, starting with the Prelims.
Tip 2: Master the Fundamentals
Strengthen your understanding of basic concepts in each subject.
For Quantitative Aptitude, focus on derivations and formulas.
In Reasoning, focus on logical and analytical thinking.
Tip 3: Make Notes
Create short notes for quick revision, including GK events, Quant formulas, and reasoning steps.
Maintain a separate notebook for important techniques and formulas.
Tip 4: Newspaper Reading
Develop a habit of reading newspapers daily, especially the business section, to enhance your General Awareness.
Tip 5: Chapter-wise Practice
Regularly practice chapter-wise problems and analyze your performance using previous years’ papers.
Tip 6: Study Plan
Create a weekly or monthly study plan targeting all sections. Dedicate at least 7-8 hours of focused study daily.
Tip 7: Time Management
Develop time-management skills by practicing solving questions within the allotted time. Start with easier questions.
Tip 8: Mock Tests
Regularly take full-length mock tests to assess your preparation level. Focus on improving your weak areas.
Tip 9: Analyze Cut-offs
Review previous years' cut-offs to set realistic goals and prepare accordingly.
Interview Preparation Tips
Before the Interview:
Stay updated with current banking developments and review your application form.
Reflect on your strengths and weaknesses, and practice with mock interviews.
On the Interview Day:
Dress professionally, maintain grooming, be punctual, and carry all required documents.
Stay calm, listen carefully, and maintain a confident body language.
During the Interview:
Speak clearly, confidently, and concisely.
Be prepared for questions on banking knowledge, situational judgment, ethical dilemmas, and current affairs.
If faced with tough questions, stay calm, and think before responding.
Following these tips will help you build a solid foundation for the IBPS PO 2024 exam and increase your chances of success.
IBPS PO Prelims Admit Card 2024
The IBPS PO Prelims Admit Card 2024 will be released after the announcement of the exam schedule. Candidates can download their admit card from the official website or through the direct link provided in the article. The admit card will contain details such as the exam date, venue, reporting time, and shift.
How to Download IBPS PO Admit Card 2024:
1. Visit the official IBPS website at www.ibps.in.
2. Click on the "CRP-PO/MT" section.
3. Select "Common Recruitment Process For Recruitment Of Probationary Officers/ Management Trainees XIV."
4. Look for the "Online Prelims Exam Call letter for CRP-PO/MTs-XIV."
5. Enter your Registration Number or Roll Number and Password or Date of Birth.
6. Your IBPS PO Admit Card 2024 will be displayed on the screen.
7. Download and save the admit card. Make sure to print a copy for future reference.
Details Mentioned on IBPS PO Admit Card 2024:
Candidate’s Name
Candidate’s Father’s Name
Candidate Category and Sub-category
Date and Time of the IBPS PO Exam
Reporting Time
Exam Center Name and Address
Instructions for the Examination Day
Space for Affixing Photograph
Space for Left Thumb Impression
Space for Candidate’s Signature
Important Instructions:
Attach a recent passport-sized color photograph (same as uploaded during application).
Keep the admit card until the end of the recruitment process.
Ensure your signature matches the one uploaded during registration.
No hard copy of the admit card will be sent by post.
IBPS PO Cut Off 2024
The IBPS PO Notification 2024 was released on 1st August 2024, with the Prelims exam scheduled for 19th and 20th October 2024. The cut-off marks for each stage of the exam will be released separately along with the IBPS PO Score Card 2024. These cut-offs are published category-wise and section-wise on the official IBPS website.
IBPS PO Previous Year Cut-Off
Analyzing previous years' cut-off marks can help candidates gauge the difficulty level of the exam and prepare accordingly. Below are the details of the cut-offs from the IBPS PO 2023 exam:
IBPS PO Prelims Cut Off 2023 (Category-Wise)
IBPS PO Prelims Cut Off 2023 (Section-Wise)
IBPS PO Mains Cut Off 2023 (Category-Wise)
IBPS PO Mains Cut Off 2023 (Section-Wise)
How to Use Previous Year Cut-Offs?
By studying these cut-offs, candidates can develop a strategy to focus on sections that traditionally have higher cut-off marks, especially for the General and EWS categories. Understanding the trends in difficulty levels across different subjects will also help in targeted preparation for the upcoming IBPS PO 2024 exam.
