IBPS PO stands for Institute of Banking Personnel Selection Probationary Officers. Every year, this exam is held for the recruitment of Probationary Officers/Management Trainees (PO/MT) in 11 public sector banks across India. All banks of public sector, including PNB, SBI, BOB, RBI, NABARD, LIC, SIDBI & Insurance firms, as well as other banks that are consistent IBPS members, have access to IBPS services.
In recent years, public sector banking has been a prestigious career choice since it offers competitive pay, benefits, job stability, rapid growth, and a solid work-life balance. The Personnel Selection Services (PSS) was established by the Indian government in 1975 to select clerks and probationary officers for banks of the public sector. In 1984, PSS was renamed Institute of Banking Personnel Selection (IBPS) to reflect the responsibility of RBI. This will be the 11th edition of the IBPS PO test, which has been held since 2011. A total of 6.78 lakh students enrolled for the test in 2020-21. There was a total of 4.75 lakh applicants that took the test.
Candidates must pass each phase to progress to the next in IBPS PO selection process, which is separated into three parts: preliminary, mains, and interview. The important steps to becoming an IBPS PO recruit are listed here.
- Online preliminary test: IBPS shortlists a sufficient number of applicants in each category based on the criteria for the Online Main Examination.
- Online Mains exam: To be qualified for an interview, candidates must pass both the sectional and overall cutoffs on the main test.
- Interview: The Participating Organizations will conduct interviews with the assistance of IBPS, which will be organized by the Nodal Bank in each State/UT.
- Final Result: Candidates’ combined performance in the IBPS PO Mains and Interview Rounds determines their final result.
- Provisional Allotment: On the official website, the qualifying candidate’s interim allotment is announced. Candidates’ choices expressed throughout the online application process are used to determine which IBPS banks will be assigned to them.
Only until the tentative allocation to various banks does IBPS play a role in the selection process. Following that, it is up to the various banks to notify qualified candidates of their joining dates and procedures.
List of banks to apply
The list of banks that apply for the IBPS PO recruitment every year is as follows:
- Punjab National Bank
- Bank of India
- Indian bank
- Union Bank of India
- Indian Overseas Bank
- Canara bank
- Bank of Baroda
- Bank of Maharashtra
- UCO Bank
- Punjab & Sind Bank
- Central Bank of India
Exam preparation tips
In order to succeed in the upcoming exam, IBPS PO Preparation Plan should be created with the candidate’s entire growth in mind. IBPS PO is highly competitive, and applicants must have a thorough grasp of the themes in order to pass with flying colors. Understanding the entire IBPS PO syllabus to the best of one’s ability is critical, but applicants must also concentrate on honing their test-taking abilities with the greatest confidence. Candidates should begin studying for the test as soon as possible to prevent last-minute panic. Otherwise, applicants would lose points owing to a lack of time and other blunders.