IBPS PO Recruitment 2024 Notification Out, Know Eligibility Criteria, Exam Dates, Salary and Age Limit
The Institute of Banking Personnel Selection (IBPS) has announced the Common Recruitment Process (CRP) for Probationary Officers/Management Trainees (PO/MT) for vacancies in the 2025-26 period. With the last date to apply being August 21, 2024, this is an excellent opportunity for eligible candidates to start a career in banking. Don’t miss out on this chance to join one of the best roles in the banking sector.
Contents
- 1 Overview of IBPS PO Recruitment
- 2 Eligibility Criteria for IBPS PO Recruitment
- 3 How to Apply for IBPS PO Recruitment?
- 4 Major Banks Participating in IBPS PO Recruitment 2024
- 5 Vacancy Breakdown
- 6 Application Fee
- 7 Salary Expectations
- 8 Selection Process
- 9 Preliminary Exam Pattern
- 10 Online Main Exam Pattern
- 11 Syllabus of IBPS PO Prelims Exam
- 12 Important Dates
- 13 FAQs
Overview of IBPS PO Recruitment
The Institute of Banking Personnel Selection (IBPS) has announced 4455 vacancies for the post of Probationary Officers/Management Trainees (PO/MT) across 11 participating banks. Interested candidates can apply online from August 1, 2024, to August 21, 2024. Eligible applicants must have a graduation degree and fall within the age range of 20-30 years. The selection process includes a Preliminary Exam, a Main Exam, and an Interview.
| Category | Details |
|---|---|
| Post Name | Probationary Officers/Management Trainees (PO/MT) |
| Vacancies | 4455 |
| Participating Banks | 11 |
| Online Application Dates | August 1, 2024, to August 21, 2024 |
| Educational Qualification | Graduation in any discipline |
| Age Limit | 20-30 years |
| Selection Process | Preliminary Exam, Main Exam, Interview |
| Engagement Duration | As per bank policy |
| Official Website | www.ibps.in |
| Download Official Notification | Click Here |
Eligibility Criteria for IBPS PO Recruitment
The eligibility criteria required for the IBPS PO 2024 Exam in terms of educational degree, computer literacy, language proficiency, and age limit have been discussed below:
| Criteria | Details |
|---|---|
| Educational Qualification | Graduation in any discipline from a recognized university Working knowledge of computer systems. |
| Age Limit | 20-30 years (age relaxation as per government norms) |
| Nationality | Citizen of India The subject of Nepal or Bhutan Tibetan Refugee who came to India before 1st January 1962 with the intention of permanent settlement 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 |
How to Apply for IBPS PO Recruitment?
Follow these steps to apply for IBPS PO 2024:
- Go to the official IBPS website www.ibps.in.
- Click the ‘CRP PO/MT-XIV’ link and complete the registration process.
- Click on ‘Apply Online for Common Recruitment Process’
- Enter the required details and upload the necessary documents (photograph, signature, and IBPS PO Handwritten Declaration).
- Pay the application fee online.
- Submit the filled application form.
Major Banks Participating in IBPS PO Recruitment 2024
Let’s take a look at all the banks that have participated in this year’s IBPS PO recruitment process:
1. Punjab National Bank
2. Union Bank of India
3. Bank of India
4. Indian Bank
5. Canara Bank
6. Indian Overseas Bank
7. Central Bank of India
8. UCO Bank
9. Bank of Baroda
10. Punjab & Sind Bank
11. Bank of Maharashtra
Vacancy Breakdown
The detailed vacancy breakdown will be announced soon. Stay tuned for updates on the official IBPS website.
| IBPS PO Vacancy 2024 | ||||||
| Participating Banks | SC | ST | OBC | EWS | General | Total |
| Bank of Maharashtra | NR | NR | NR | NR | NR | NR |
| Bank of Baroda | 132 | 66 | 238 | 88 | 361 | 885 |
| Bank of India | NR | NR | NR | NR | NR | NR |
| Canara Bank | 90 | 45 | 160 | 75 | 380 | 750 |
| Central Bank of India | 300 | 150 | 540 | 200 | 810 | 2000 |
| Indian Bank | NR | NR | NR | NR | NR | NR |
| Indian Overseas Bank | 42 | 22 | 84 | 22 | 90 | 260 |
| Punjab National Bank | 30 | 15 | 54 | 20 | 81 | 200 |
| Punjab & Sind Bank | 63 | 34 | 109 | 30 | 124 | 360 |
| UCO Bank | NR | NR | NR | NR | NR | NR |
| Union Bank of India | NR | NR | NR | NR | NR | NR |
| Total | 657 | 332 | 1185 | 435 | 1846 | 4455 |
Application Fee
The category-wise fee structure for the IBPS PO 2024 online application is given below.
| Categories | Application Fee |
| SC/ST/PWD | Rs. 175/- (Intimation Charges only) |
| General and Others | Rs. 850/- (App. Fee including intimation charges) |
Note: Fee/Intimation charges once paid will NOT be refunded on any account nor can they be held in reserve for any other examination or selection. The application fee must be paid online itself.
Salary Expectations
| Starting In-Hand Salary | Rs. 52,000 to Rs. 55,000 |
| Components Included | Dearness Allowances, Special Allowances, and Various Other Benefits |
| Starting Basic Pay | Rs. 36,000 |
| Revision | As per the recent revision made to the salary structure |
Selection Process
Probationary Officers (PO) and Management Trainees (MT) are hired each year through the IBPS PO exam. This exam is officially called IBPS PO/MT CRP XIV 2024, and it is the 14th time it has been held since it started in 2011. The selection process has three stages:
- Online Preliminary Examination: Candidates are shortlisted for the Main Exam based on performance.
- Online Main Examination: Qualifying both sectional and overall cutoffs is necessary to advance to the interview stage.
- Interview: Conducted by participating banks and coordinated by the Nodal Bank with IBPS.
The final result is based on combined scores from the Main Exam and Interview. The weightage (ratio) of the IBPS PO Main exam and interview for the final merit list will be 80:20 respectively.
Preliminary Exam Pattern
The IBPS PO preliminary exam is conducted online, with a 20-minute duration for each of its three sections. It includes 100 questions, totaling 100 marks, and features a 0.25 mark deduction for each incorrect answer. for the Main exam, candidates must clear the cut-off in all three sections.
| S.No. | Name of Tests(Objective | No. of Questions | Maximum Marks | Duration |
| 1 | English Language | 30 | 30 | 20 minutes |
| 2 | Numerical Ability | 35 | 35 | 20 minutes |
| 3 | Reasoning Ability | 35 | 35 | 20 minutes |
| Total | 100 | 100 | 60 minutes | |
Online Main Exam Pattern
The IBPS PO Main exam is conducted online, consisting of five sections (four objective sections and one descriptive section), with a total of 200 marks for the objective section and 25 marks for the descriptive section, lasting 180 and 30 minutes, respectively. Candidates must clear both the Preliminary and Main exams to qualify for the interview process. There is a penalty of 0.25 marks for each wrong answer in both exams, while no penalty is applied for unanswered questions.
| S.No. | Name of Tests(Objective | No. of Questions | Maximum Marks | Duration |
| 1 | Reasoning & Computer Aptitude | 45 | 60 | 60 minutes |
| 2 | English Language | 35 | 40 | 40 minutes |
| 3 | Data Analysis & Interpretation | 35 | 60 | 45 minutes |
| 4 | General Economy & Banking Awareness | 40 | 40 | 35 minutes |
| 5 | English Language (Letter Writing & Essay) | 2 | 25 | 30 minutes |
| Total | 155 | 200 | 3 Hours | |
Syllabus of IBPS PO Prelims Exam
The IBPS exam syllabus is similar to other bank exams. Although IBPS provides a broad outline of subjects, these can be further broken down into specific topics based on past exam questions. The IBPS PO Syllabus is divided into two parts:
| Reasoning | Quantitative Aptitude | English Language |
| Logical Reasoning | Simplification | Reading Comprehension |
| Alphanumeric Series | Profit & Loss | Cloze Test |
| Ranking/Direction/Alphabet Test | Mixtures & Allegations | Para jumbles |
| Data Sufficiency | Simple Interest & Compound Interest & Surds & Indices | Multiple Meaning / Error Spotting |
| Coded Inequalities | Work & Time | Fill in the blanks |
| Seating Arrangement | Time & Distance | Miscellaneous |
| Puzzle | Mensuration – Cylinder, Cone, Sphere | Paragraph Completion |
| Tabulation | Data Interpretation | |
| Syllogism | Ratio & Proportion, Percentage | |
| Blood Relations | Number Systems | |
| Input-Output | Sequence & Series | |
| Coding-Decoding | Permutation, Combination &Probability |
Important Dates
Candidates are advised to mark their calendars with the following dates:
| Activity | Dates |
|---|---|
| Online Registration Starts | August 1, 2024 |
| Online Registration End | August 21, 2024 |
| Preliminary Exam | October 2024 |
| Main Exam | November 2024 |
| Result Declaration (Main Exam) | December 2024/January 2025 |
| Interview | January/February 2025 |
| Provisional Allotment | April 2025 |
Articles worth reading:
- IBPS Clerk Recruitment 2024 Notification
- Federal Bank Junior Management Officer Recruitment
- Bank of India (BOI) Recruitment 2024
FAQs
What Is The Last Date To Apply For IBPS PO 2024?
The last date to apply is August 21, 2024.
What Is The Age Limit For IBPS PO 2024?
The age limit is 20-30 years.
What Is The Selection Process For IBPS PO 2024?
The selection process includes a Preliminary Exam, a Main Exam, and an Interview.
