IBPS PO Notification 2024

IBPS PO Notification 2024 is expected to release in August 2024 on the official website of the IBPS. Last year 11 public sector banks recruited candidates through the IBPS examination and the same banks are expected to participate in the recruitment this year. The application process will be started soon after the release of the official notification.

Candidates who are preparing to attempt the IBPS PO Examination 2024 must be aware of the recruitment process in detail. In this blog, we have provided all the details regarding the recruitment including eligibility criteria, application process, selection process, exam pattern, etc.

IBPS PO Notification 2024 – Overview

Aspiring candidates must be aware of the overview details of the IBPS PO Recruitment 2024. We have mentioned below the detailed overview of the examination for the candidates.

IBPS PO Notification 2024 – Important Dates

Even though the Notification is not yet released, the exam date for the PO examination has been specified in its Calendar by IBPS. The dates for both the Preliminary Examination and the Main Examination have been declared. This gives aspiring candidates guidance to pace their preparation effectively and plan their careers.

IBPS PO Notification 2024 – Download Link

IBPS is expected to release the IBPS PO notification in August 2024. Candidates must go through the notification to have brief information about the recruitment. We will provide you with the direct link to download the IBPS PO Notification 2024 once it is released by the IBPS.

IBPS PO Notification 2024 – Apply Online

IBPS PO Application Process is expected to start in August 2024. Eligible candidates will be able to apply online from the official website of the IBPS. Candidates who are aspiring to appear for the PO examination must be aware of the application procedure. We will provide you with the direct link to apply online once it is started.

Application Fees

All applicants will have to bear their own charges for Bank Transaction for making Online Payment of application fees and the intimation charges. We have mentioned below the category-wise application fees for the candidates.

IBPS PO Eligibility Criteria 2024

Before getting down to filling out the online application form, be sure that you have checked all eligibility requirements and that you fulfill all of them. IBPS PO Exam Eligibility Criteria is divided into three heads: nationality, educational qualification, and age. IBPS prescribes the eligibility criteria for the IBPS PO Exam 2024 as per nationality, age, and educational qualification. Candidates should meet the below-mentioned eligibility criteria to apply for the examination.

Nationality

A candidate must be either –

1. A Citizen of India
2. A Subject of Nepal
3. A Subject of Bhutan
4. Tibetan Refugee who came to India prior to 1st January 1962 intending to live in India permanently.
5. Persons of Indian origin who migrated from Vietnam/ Ethiopia/ Zaire/ Malawi/ Zambia / Tanzania/ Uganda/ Kenya/ Sri Lanka/ Burma /Pakistan, intending to reside permanently in India, will be eligible.

Candidates belonging to categories 2, 3,4, and 5 should produce an eligibility certificate from the Indian Government whenever asked by IBPS.

Age Limit

The candidate should be 20 to 30 years of age. Upper-age relaxations are provided to reserved categories. The age relaxations are given below:

Age Relaxations for Upper Age Limit for Reserved Categories

1. The relaxation for the maximum age limit for candidates from Scheduled Tribes, Scheduled Caste, and Other Backward Class is on a cumulative basis.
2. If the Schedule Tribes candidate has any physical disability, the candidate gets a relaxation of a maximum of 15 years for the upper-age limit. No other exemptions will be allowed.
3. No upper age limit relaxations will be given to General and EWS candidates.
4. The candidate seeking age relaxation shall produce relevant documents both in original as well as photocopies to prove their claim.
5. An Ex-Serviceman who has already availed of the benefits provided to the candidate as an ex- Serviceman for re-employment will not get the benefit a second time.
6. No reservation for Ex-servicemen in the Officer Cadre.

Educational Qualification

The candidate should be a graduate or have an equivalent qualification in any discipline from some recognized University.

1. The candidate should pass the qualifying examination by August 2024.
2. The date on the mark sheet/ scorecard is considered the date of passing the degree.
3. The document of educational qualification will have to be produced for document verification.
4. Candidates must specify the graduation percentage, calculated to the nearest two Decimal points.
5. The fraction of the percentage will be ignored. Hence, 59.99% will be considered less than 60%, and 54.99% will be considered less than 55%.

Computer Literacy

The candidate must be computer savvy and with knowledge of computer systems. Knowledge of computer usage is essential for the job.

Language Proficiency

The candidate should be proficient in the written and spoken official language of the State/ Union Territory. The Candidate must know to read, write and speak the language.

IBPS PO Exam Pattern

There are three stages of examination for the candidates in the recruitment process for IBPS PO. The following table shows the examination pattern.

Prelims Exam Pattern

The IBPS PO Prelims examination will be of 3 sections, with 100 questions and a maximum score of 100 marks.  This examination will have negative markings, and 0.25 marks will be deducted for each wrong answer. The IBPS PO Prelims exam consists of three sections:

• Quantitative Aptitude
• Reasoning Ability
• English Language

The Preliminary examination pattern is given below:

Main Examination Pattern

The IBPS PO Mains exam consists of two papers, both conducted online by the IBPS itself. As per the IBPS PO Mains Pattern, there will be two papers i.e. Objective Test and a Descriptive test. IBPS has introduced Descriptive type answer writing in its Main Examination. Following is the examination pattern for Main Examination.

Interview Process

The candidates who clear the main examination will appear for the interview.  The interview process will be 100 marks. The minimum mark to qualify will be 40%. For candidates belonging to SC, ST, OBC, and PwD it will be further reduced to 25%. IBPS will make the final selection based on the cumulative score of the Mains examination and the interview. A merit list will be released after the interview process is over. The Bank will offer the successful candidates the joining letter.

IBPS PO Notification 2024 – Syllabus

We have listed down all the IBPS PO Syllabus topics for each section separately.

English Language

Here is the topic-wise syllabus for IBPS PO Prelims- 2024 English Language.

Reasoning Ability

Here is the topic-wise syllabus for IBPS PO Prelims- 2024 Reasoning Ability

Quantitative Aptitude

Here is the topic-wise syllabus for IBPS PO Prelims- 2024 Quantitative Aptitude

IBPS PO Prelims Exam Centres 2024

Here is the list of IBPS PO Prelims exam centers as provided in the official notification.

IBPS PO Exam Centers 2024 for Mains Exam

IBPS PO mains exam will be conducted for candidates qualifying for the prelims exam. Candidates can check below the exam cities for the mains exam.

IBPS PO Exam Centres 2024 for Pre-Exam Training

The pre-exam training is conducted by the nodal banks/participating organizations for SC, ST, and Minority Communities. The cities where the pre-exam training is conducted are given below.

IBPS PO Salary 2024

The salary of IBPS PO as per the 11th Bipartite Agreement is as follows:

IBPS PO Salary (In-hand)

The in-hand salary package offered to an IBPS PO 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 the deduction of professional tax and NPS, the net in-hand salary remains around Rs. 52,000 to 55,000.

IBPS PO is a highly competitive exam and the candidates need to have good accuracy and time management skills to successfully secure a place in the merit list prepared on the basis of the cut-off criteria. The candidates should regularly practice mock tests to improve their speed and accuracy. Apart from clearing the exams, it is also necessary for the candidates to have a positive attitude towards the work to be performed by them after their selection.

IBPS PO Promotion and Job Profile

Once the candidate passes the interview, he is given a posting and goes through about 10 to 20 days of induction training. A probationary officer gets the post of an ‘Assistant Manager’ and is on probation for 2 years, after which he is given a permanent job depending on his performance. During the course of the first 2 years, you have to be prepared for transfer to at least 3 different bank branches and locations.

An Assistant Manager of a bank is basically expected to multitask and should know how to handle the various departments such as Marketing, Accounting and Finance.

Here are a few things that are required of a probationary officer in a bank-

• Probationary officers generally deal with customers handling their queries and problems, introducing them to new bank policies and products as well as issuing any cheques or demand drafts. Loan processing is also taken care of by probationary officers.
• They also play a major role in marketing the products and services of the bank, thus bringing in fresh business from time to time.
• Overlooking the work of the bank clerks on a daily basis is another role that probationary officers have to play.

Ideally, promotions are based on the overall performance and efficiency of an Assistant Manager. Thus, if you want to enter this career path your ideal progression would be as follows-

• Junior Management Grade – Scale I: Probationary Officer
• Middle Management Grade – Scale II: Manager
• Middle Management Grade – Scale III: Senior Manager
• Senior Management Grade – Scale IV: Chief Manager
• Senior Management Grade Scale V: Assistant General Manager
• Top Management Grade Scale VI: Deputy General Manager
• Top Management Grade Scale VII: General Manager
• Executive Director (ED)
• Chairman and Managing Director (CMD)

You can expect posting in mostly urban areas only, although on occasion rural areas are also allotted.

IBPS PO Prelims Preparation Strategy

Section-wise preparation strategies for the IBPS PO Prelims exam are as follows:

Preparation Strategy For English Language Section:

• This section consists of fill-in-the-blanks, para-jumble, word usage, error spotting, reading comprehension, etc.
• Usually, around 8-10 questions will be based on comprehension, while the other 20-22 questions will be based on the other topics mentioned.
• It is important that you prepare for this section by reading regularly. Reading newspapers, editorials, books, etc can help build up your grammar as well as vocabulary.
• You need to be thorough on the usage of verbs and their different forms, adjectives, adverbs, prepositions, etc. in different sentences.
• For IBPS PO Prelims Preparation, reading at least two articles in the newspaper daily is advised. This can help you achieve a good score in the English Language section.

Preparation Strategy For Numerical Ability Section:

• Simplification or approximation questions form a very major portion of this section. Remember that the prelims exam is only a qualifying exam for the Mains exam. So, having a fast calculation speed is an important requirement for this section.
• You should be well acquainted with the multiplication tables and squares and cubes of the first 30 natural numbers. There will also be miscellaneous individual questions based on topics like Profit and Loss, Time and Speed, Time and Work, Simple and Compound Interest, Mensuration, etc..
• You should be well-versed with the formulas and basic concepts of these topics. Along with these, there will be Data Interpretation (DI) questions like tables, pie charts, bar graphs, case lets, etc. The table or graph will be followed by 4-5 questions based on the data given. The more questions you practice in this section, the better your chances of scoring a good score.

Preparation Strategy For Reasoning Ability Section:

• The common topics in the reasoning section are Puzzles (Arrangement based sets of questions), Syllogism, Blood Relations, Coding-Decoding, Inequalities, etc..
• The basic thing required to answer the questions of this section correctly is understanding the logic well.
• Read the puzzles thoroughly and note down (or draw diagrams if required) as you do so.
• Do not rush while reading the question, as a simple or silly reading mistake could lead to the whole set of puzzles getting solved wrong. Practice as many questions as possible to score well in the reasoning section.

Takeaways for IBPS PO Prelims Preparation Strategy:

• Read articles and newspapers regularly to improve your grammar and vocabulary and to score well in the English Language section.
• Learn short tricks for the Quantitative Aptitude questions. Practice such tricks over and over to get a good grip on them.
• For Reasoning questions, try to develop tricks for specific topics like blood relations, coding, and decoding, etc..
• Do not use a calculator while solving quantitative questions even if you feel like it. Using the calculator now can make you unable to solve even easy calculations during the exam.
• Practice as many questions as possible. Try to develop an understanding of your strong and weak areas so that you can work on them and approach the questions in the exam accordingly.
• Once you are done studying topics individually, switch to practicing mock tests. Time-bound practice will help you and make you better prepared for the real exam.

Exam Date: 26th November 2024

Total Vacancies: 6432