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July, 2017

Bank Exams

The IBPS PO Bank Exam 2017


IBPS PO 2017 Exam


Public Sector Banking has become an illustrious career option in current times as it comes with the promise of attractive salary, perks, job security, fast growth and good work-life balance. Government of India had set up Personnel Selection Services (PPS) in 1975 for recruitment of probationary officers and clerks to all public-sector banks. PSS was later changed to Institute of Banking Personnel Selection (IPBS) in 1984as per the mandate of Reserve Bank of India (RBI).


The Institute of Banking Personnel Selection conducts the IPBS PO Bank Exam which is your gateway to the much sought after bank jobs. IBPS provides its services to all Public-Sector Banks, SBI, Associate Banks of SBI, RBI, NABARD, SIDBI, LIC & Insurance companies and other Banks which are regular members of the IBPS society.



IBPS PO 2017 Notification


IBPS has announced tentative calendar of IBPS Exams 2017 and IBPS PO official notification will be released in the month of July 2017. This recruitment process is for selection of candidates for the post of Probationary Officers (PO) in different public sector banks. The selected candidates are liable to be posted anywhere in India.


Eligible and interested Candidates are required to register online for the recruitment process on the official IBPS website, ibps.in. The 3-tiered selection process consists of Preliminary and Main Exams which will be conducted online, followed by Interview. Candidates must pass each exam to get shortlisted and progress to the next stage. Final selection will be based on Mains and Interview merit.



IBPS PO 2017 Vacancy


More than 20 lakh aspirants appear for the IBPS Bank PO examination every year. IBPS will release the official notification for IBPS PO 2017 by July, 2017, detailing the number of vacancies. Last year there were 9456 vacancies and we are expecting approximately 9000 posts for probationary officers (PO) and management trainees (MT) to be available for aspirants in the current year.


Available Posts: 9000 Vacant Posts (Last Year)


Names of Vacant Positions: Probationary Officers/Management Trainee (PO/MT)



IBPS PO 2017 Exam Dates

The IBPS PO exam activity begins in the month of July and culminates in April month of the next year. The important dates for IBPS PO /MT CWE VII 2017 are as follows:

Activity

Date

IBPS PO Online Registration/ Edit/ Modification of Application

Last week of July to Mid of August 2017

Application Fees/Intimation Charges Online Payments

August 2017

IBPS PO Preliminary Exam Date

7th, 8th, 14th & 15th October 2017

IBPS PO Mains Exam Date

26th November 2017

Declaration of IBPS PO Mains Exam Result

December 2017

Declaration and download of IBPS PO Interview Call Letter

January 2018

Date of IBPS PO Interview

January / February 2018

Allotment of Provisional Posting

April 2018



IBPS PO Recruitment 2017

Probationary Officers (PO) and Management Trainees (MT) are recruited every year through a Common Written Examination (CWE), commonly known as the IBPS PO exam. The CWE was started in 2011 and is being conducted for the seventh time this year and hence is officially called IBPS PO /MT CWE VII 2017.The IBPS PO selection process consists of 3 phases (preliminary, mains and interview) and the candidate must qualify each of them to proceed to the next phase. Mentioned below are the important steps of the IBPS PO Recruitment Procedure:

•Online Preliminary Examination:

An adequate number of candidates in each category are shortlisted by IBPS depending upon requirements for Online Main Examination

•Online Mains Examination:

Candidates must qualify the sectional as well as overall cutoff in the main exam to be eligible for interview.

•Interview:

Interview will be conducted by the Participating Organizations and coordinated by the Nodal Bank in each State/ UT with the help of IBPS

•Final Result:

The Final result is declared on the basis of candidates combined performance in IBPS PO Mains and Interview Rounds.

•Provisional Allotment:

The provisional allotment of the qualified candidate is released on the official website. The IBPS Banks are allotted based on candidates' preferences which are made at the time of online application.

IBPS plays its part in the selection process only till the provisional allotment to different banks. After that, the responsibility to intimate the qualified candidates about their joining dates and procedure lies with the respective banks.

IBPS PO Exam Pattern

As in the previous years, the IBPS exam (CWE 7) for hiring candidates will be based on an online written exam in two parts: Tier 1 or IBPS Preliminary Exam and Tier 2 or IBPS Mains Exam. This examination is followed by a face-to-face interview process.

IBPS PO Prelims Exam Pattern

The IBPS PO preliminary examination has a total duration of 1 hour and is conducted in online mode. It consists of 3 sections with a total of 100 questions and maximum score of 100 marks. There is negative marking in IBPS PO pre exam and 0.25 marks are deducted for each wrong answer. Candidates must clear the cut-off in all 3 sections to qualify for the IBPS PO Main exam. The section-wise details are given below:

S.No.

Name of Tests(Objective

No. of Questions

Maximum Marks

Duration

1

English Language

30

30

Composite time of 1 Hour

2

Numerical Ability

35

35

3

Reasoning Ability

35

35

Total

100

100


IBPS PO Mains Exam Pattern

The IBPO PO Main exam is also conducted online, it has 5 sections with a total score of 200 marks and total duration of 140 minutes. From this year onward, there has been a modification in the IBPS main exam pattern. While IBPS exam will have the same 5 sections, there is a specific time limit for attempting each of the five sections. The sections must be attempted in the same order and the allotted time as mandated at the time of the exam. The candidate can’t skip to the next section before the time allotted to the current section has elapsed. There is negative marking as well with each wrong answer leading to deduction of 0.25 marks. The section-wise details are given below:

S.No.

Name of Tests(Objective

No. of Questions

Maximum Marks

Duration

1

Reasoning

50

50

40 minutes

2

English Language

40

40

30 minutes

3

Quantitative Aptitude

50

50

40 minutes

4

General Awareness(with special reference to Banking Industry)

40

40

20 minutes

5

Computer Knowledge

20

20

10 minutes

Total

200

200

140 minutes

IBPS PO Interview

The candidates who have qualified the mains exam are called for a face to face interview which carries a maximum of 100 marks. The minimum qualifying marks in the interview is 40% (35% for SC/ST/OBC/PWD candidates).

The interview round is generally 15-20 minutes long, where a panel of bank officials ask questions to the candidates about themselves, banking sector, current affairs, general awareness, etc. The candidates must be well dressed, confident and carry all required documents to the interview.

The final merit list is prepared on the basis of marks obtained in mains examination and interview. The final scoreis calculated by IBPS with weightage of marks given to the main examination and interviewin the ratio of 80:20 respectively.



Final Score Calculation for IBPS PO Exam:

The final score for the IBPS PO exam is calculated keeping the following points in mind:

• Marks obtained in the Preliminary Exam (Tier-1) will not be considered in the final score and are only for qualifying to Mains Exam (Tier-2).

• Candidates must qualify Phase-2 and Interview separately to be eligible for final merit.

• The weightage (ratio) of CWE Main exam and interview for final merit list will be 80:20 respectively.

• The aggregate score out of 100 is used for the final merit list for each category.Candidates with top merit rank in each category are finally selected.

IBPS PO Eligibility Criteria - 2017

Educational Qualification

Graduation Degree: The eligibility criteria for the IBPS CWE exam is as basic as a graduation degree (BA, BCom, BSc, B.Tech or as such) in any discipline from a University recognized by the Government of India. Any such candidate who has received equivalent qualification which is recognized by the Central Government is also eligible to apply for this exam.

The candidates must be in possession of a valid Mark-sheet / Degree Certificate that certifies that they are a graduate on the day they registers for this exam, and must indicate the percentage of marks obtained in Graduation while registering for the IBPS Bank-PO examination.

Computer Literacy: Working knowledge of computer systems is necessary for the job as well as to give the IBPS PO exam which is conducted in online mode.

Language Proficiency: Verbal and written proficiency in official language of the State/UT is desirable. The candidate must be able to read, write and speak the language.

Nationality / Citizenship of Applicants:

A candidate applying for IBPS CWE/Bank PO Examination must be one of the following:

1. Citizen of India

2. Subject of Nepal or Bhutan

3. Tibetan Refugee who came to India before 1st January 1962 with the intention of permanent settlement

4. Person of Indian Origin (PIO) who has migrated from Burma, Pakistan, Sri Lanka, Vietnam or East African countries of Zaire,Kenya, Tanzania, Uganda, Zambia, Ethiopia, Malawi, with the intention of permanent settlement in India

Candidates belonging to the category 2, 3, 4 must have a certificate of eligibility issued by the Govt of India in their favour.

Age Eligibility of candidates applying for IBPS Bank PO Examination:

Any candidate who is applying for the IBPS CWE examination should not be less than 20 years old and not more than 30 years old at the time of registration.

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