IBPS PO Notification 2023: 

The Institute of Banking Personnel Selection (IBPS) has released the IBPS PO 2023 Notification on 31st July 2023. The IBPS PO exam, in its 13th edition, is conducted to select eligible candidates for the post of Probationary Officers (PO) in various public sector banks across India. This year’s IBPS Common Recruitment Process (CRP) for PO/MT CRP-XIII 2023 aims to fill 3049 vacancies in 11 public sector banks. Below are the key details and important information for aspiring candidates.

IBPS PO Notification: Overview

  1. About IBPS PO Exam: The IBPS PO exam has been conducted since 2011 and is an essential recruitment process for selecting officers and clerks in Indian banks, including Public-Sector Banks (PNB, BOB, etc.), SBI, RBI, NABARD, SIDBI, LIC & Insurance companies, and other member banks of the IBPS society. The exam is conducted annually and exclusively in an online mode at various locations throughout India.
  2. IBPS PO 2023 Notification PDF: The detailed IBPS PO Notification 2023 PDF has been officially released by IBPS. Candidates can access the notification on the official IBPS website www.ibps.in. The notification provides comprehensive information regarding eligibility criteria, exam pattern, syllabus, important dates, and application process.
  3. Important Dates: The IBPS PO 2023 exam follows a specific schedule, and candidates must keep track of crucial dates to avoid missing any deadlines. The notification contains dates for online registration, fee payment, admit card release, exam dates, and result announcements.
  4. Eligibility Criteria: Candidates interested in applying for IBPS PO 2023 must meet the eligibility requirements set by IBPS. This includes age limits, educational qualifications, and nationality criteria. Aspirants should carefully review the notification to ensure they fulfill the necessary conditions before applying.
  5. Vacancy Details: IBPS has announced a total of 3049 vacancies for Probationary Officers in 11 public sector banks. Candidates can check the bank-wise vacancy distribution in the notification to select their preferred choices during the application process.
  6. Application Process: The application process for IBPS PO 2023 is entirely online. Candidates need to visit the official IBPS website and follow the instructions provided in the notification to register and submit their applications. The application fee details and payment methods are also mentioned in the notification.
  7. Exam Pattern and Syllabus: Understanding the exam pattern and syllabus is crucial for candidates to prepare effectively. The notification outlines the structure of the IBPS PO exam, including the number of sections, marks distribution, and duration. It also includes the syllabus for each section, helping candidates plan their preparation accordingly.
  8. Admit Card and Exam Centers: IBPS will issue admit cards to eligible candidates before the exam. The admit card will contain essential information such as exam date, time, and venue. Candidates should regularly check the IBPS website for updates and download their admit cards once available.
  9. Result and Selection Process: After the examination, IBPS will announce the results on its official website. Shortlisted candidates will be called for further rounds, including the interview and document verification process. The final merit list will be prepared based on the candidate’s performance in the written exam and interview.

IBPS PO Notification 2023: Exam Dates

Events Dates
IBPS PO Notification 2023 31st July 2023
Online Registration Process Starts 01st August 2023
Online Registration Process Ends 21st August 2023
IBPS PO Prelims Admit Card 2023 September 2023
IBPS PO 2023 Preliminary Exam Date 23rd, 30th September, and 01st October 2023
IBPS PO Mains Admit Card 2023 October 2023
IBPS PO Mains Exam Date 2023 05th November 2023
Previous Year Questions

IBPS PO 2023 Online Application: Step-by-Step Guide and Application Fee

Introduction: The Institute of Banking Personnel Selection (IBPS) has announced the online registration dates for IBPS PO 2023 exam along with the release of the official notification. The application process will be conducted in online mode on the official website www.ibps.in. Here is a step-by-step guide for the IBPS PO 2023 Online Application and details about the application fee.

Step-by-Step Guide for IBPS PO 2023 Online Application:

  1. Visit the Official Website: Candidates should visit the official IBPS website at www.ibps.in to access the online application form.
  2. Registration: Click on the link provided for IBPS PO 2023 Apply Online. Candidates need to register themselves by providing basic details such as name, email address, and phone number.
  3. Fill the Application Form: After registration, candidates can log in with their credentials and complete the online application form. Ensure that all the details are filled correctly.
  4. Upload Scanned Documents: Candidates need to upload their scanned photograph, signature, and handwritten declaration as per the prescribed size and format.
  5. Payment of Application Fee: The application fee can be paid online through various modes such as net banking, credit card, or debit card. The fee structure for different categories is provided below.
  6. Submit the Application: After completing all the required steps and making the payment, candidates should review the application form and submit it.
  7. Print the Application Form: Candidates must take a printout of the completed application form for future reference.

Pre-requisites for IBPS PO 2023 Online Application:

  1. A valid Email Id.
  2. Scanned photograph and signature in the prescribed size.
  3. Necessary documents required for online transaction.

IBPS PO Notification 2023: Application Fee

The application fee for IBPS PO 2023 varies based on the category of the candidate. The fee structure is as follows:

Sr. No. Category Application Fee
1 SC/ST/PWD Rs. 175/- (Intimation Charges only)
2 General and Others Rs. 850/- (Application Fee including intimation charges)

Note:

  • The application fee once paid is non-refundable and cannot be reserved for any other examination or selection.
  • Candidates must ensure that they fulfill the eligibility criteria before applying and carefully follow the instructions provided in the IBPS PO 2023 Notification and the application form.

IBPS PO Notification: Educational Qualification

 

To be eligible for the IBPS PO 2023 exam, candidates must meet the following educational qualification as of 21st August 2023:

  • Graduation Degree: Candidates must have a graduation degree in any discipline from a University recognized by the Government of India. Equivalent qualifications recognized by the Central Government are also acceptable.
  • Computer Literacy: Working knowledge of computer systems is necessary for the job as well as to take the IBPS PO exam, which is conducted in online mode.
  • Language Proficiency: Candidates should possess verbal and written proficiency in the official language of the State/UT. They must be able to read, write, and speak the language.

Nationality / Citizenship: Applicants must belong to one of the following categories:

  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 falling under categories 2, 3, and 4 must possess a certificate of eligibility issued by the Government of India in their favor.

IBPS PO Notification: Recruitment 2023 Selection Process and Participating Banks

Introduction: The IBPS PO Recruitment 2023 process is conducted annually to recruit Probationary Officers (PO) and Management Trainees (MT) in various public sector banks in India. The Common Recruitment Process (CRP), known as the IBPS PO exam, is being conducted for the 13th time this year, officially referred to as IBPS PO/MT CRP XIII 2023. The recruitment process involves three phases: Online Preliminary Examination, Online Mains Examination, and Interview. Successful candidates are allotted banks based on their preferences during the application process.

IBPS PO Recruitment 2023 Selection Process:

  1. Online Preliminary Examination: Candidates are required to appear for the IBPS PO Preliminary Exam. An adequate number of candidates from each category are shortlisted by IBPS based on the requirements for the Online Main Examination.
  2. Online Mains Examination: Qualified candidates from the Preliminary Exam move on to the IBPS PO Mains Exam. Candidates must secure the sectional as well as overall cutoff marks to be eligible for the interview round.
  3. Interview: The interview is conducted by the Participating Organizations and coordinated by the Nodal Bank in each State/UT with the help of IBPS.
  4. Final Result: The final result is declared based on the candidates’ combined performance in the IBPS PO Mains and Interview Rounds.
  5. Provisional Allotment: The provisional allotment of qualified candidates is released on the official website. The IBPS banks are allotted based on the candidates’ preferences made during the online application.

Responsibility After Provisional Allotment: After the provisional allotment, IBPS’s role in the selection process ends, and the responsibility to inform the qualified candidates about their joining dates and procedures lies with the respective banks.

Benefits of Public Sector Banking Careers: Public sector banking has become an attractive career option due to its promising features, including attractive salary, perks, job security, fast growth opportunities, and a good work-life balance. The Institute of Banking Personnel Selection (IBPS) was established in 1984 to handle the recruitment process for probationary officers and clerks in public-sector banks, replacing the Personnel Selection Services (PSS) set up in 1975.

Participating Banks in IBPS PO Recruitment 2023: The following major banks are participating in the IBPS PO Recruitment 2023:

S.No. Participating Banks
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

The IBPS PO Recruitment 2023 is a significant opportunity for candidates seeking a career in public sector banking. Aspiring candidates should be well-prepared for the selection process and consider the preferences for participating banks during the application. A career in public sector banking offers stability, growth, and a chance to contribute to the nation’s financial sector

IBPS PO Notification 2023 Exam Pattern: Prelims, Mains, and Interview

The IBPS PO 2023 exam follows a three-tier selection process, including the Preliminary Exam, Mains Exam, and Interview. Each stage of the exam has its unique pattern and duration. Here’s a comprehensive overview of the IBPS PO 2023 Exam Pattern:

IBPS PO Prelims Exam Pattern 2023:

  • Total Duration: 60 minutes
  • Total Sections: 3
  • Total Questions: 100
  • Maximum Marks: 100
  • Negative Marking: 0.25 marks deducted for each wrong answer
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

Note: Candidates must qualify in each of the three tests by securing minimum cut-off marks to be shortlisted for the Online Main Examination.

IBPS PO Mains Exam Pattern 2023:

  • Total Duration: 3 hours (180 minutes) + 30 minutes for Descriptive Paper
  • Total Sections: 5 (4 Objective, 1 Descriptive)
  • Total Questions: 155 (Objective), 2 (Descriptive)
  • Maximum Marks: 200 (Objective), 25 (Descriptive)
  • Negative Marking: 0.25 marks deducted for each wrong answer in Objective Tests
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
Total 155 200 3 hours
5 English Language (Letter Writing & Essay) 2 25 30 minutes

Note: Candidates must qualify the Mains Examination to be eligible for the Interview process.

IBPS PO Interview:

  • Interview Marks: Maximum of 100 marks
  • Minimum Qualifying Marks: 40% (35% for SC/ST/OBC/PWD candidates)

The interview is a face-to-face round where a panel of bank officials assesses the candidate’s personality, knowledge of the banking sector, current affairs, and general awareness. The interview usually lasts for 15-20 minutes.

Final Score Calculation for IBPS PO Exam:

  • Marks obtained in Preliminary Exam (Tier-1) are not considered in the final score and are only for qualifying for the Mains Exam (Tier-2).
  • Candidates must qualify for Phase-2 (Mains) and the Interview separately to be eligible for the final merit list.
  • The final merit list is prepared based on the candidate’s performance in the Main Exam and Interview, with a weightage ratio of 80:20, respectively.
  • The final score is calculated out of 100, and candidates with the highest merit rank in each category are finally selected.
  • The IBPS PO 2023 Exam Pattern involves a Preliminary Exam, a Main Exam, and a face-to-face Interview. Candidates must prepare thoroughly for each stage to qualify for the final merit list and secure their place as Probationary Officers in reputed public sector banks. Good preparation, time management, and staying updated with current affairs will help candidates excel in the IBPS PO 2023 Exam.

IBPS PO Notification 2023: Syllabus

IBPS PO Prelims Syllabus 2023:

Section Syllabus
Quantitative Ability Simplification, Profit & Loss, Mixtures & Allegations, Simple Interest & Compound Interest, Work & Time, Time & Distance, Mensuration, Data Interpretation, Ratio & Proportion, Percentage, Number Systems, Sequence & Series, Permutation, Combination & Probability
Reasoning Logical Reasoning, Alphanumeric Series, Ranking/Direction/Alphabet Test, Data Sufficiency, Inequalities, Seating Arrangement, Puzzle, Syllogism, Blood Relations, Input-Output, Coding-Decoding
English Language Reading Comprehension, Cloze Test, Para jumbles, Word Usage, Word-Swap, Fill in the blanks, Error Detection, Error Spotting, Paragraph Completion, One-word Substitution, Miscellaneous

IBPS PO Mains Syllabus 2023:

Section Syllabus
Reasoning & Computer Aptitude Verbal Reasoning, Syllogism, Input-Output, Coding-Decoding, Circular Seating Arrangement, Linear Seating Arrangement, Double Lineup, Scheduling, Blood Relations, Directions and Distances, Ordering and Ranking, Data Sufficiency
General Awareness Financial Awareness, Current Affairs, General Knowledge, Static Awareness
Quantitative Aptitude Simplification, Average, Percentage, Ratio and Percentage, Mixture and Allegations, Data Interpretation, Mensuration and Geometry, Quadratic Equation, Interest, Profit and Loss, Time and Work, Number Series, Speed, Distance, and Time
English Language Reading Comprehension, Vocabulary, Grammar, Verbal Ability
Descriptive Paper (English Language) Letter Writing and Essay

IBPS PO Notification: Salary 2023 and Career Growth

 

IBPS PO Salary Structure in India:

The salary structure for IBPS Probationary Officers (PO) is as per the 11th Bipartite Agreement released in November 2020. Here is the detailed salary structure:

Component Amount (in INR)
Basic Pay Rs. 36,000
Special Allowance Rs. 5,904
Dearness Allowance Rs. 8,593.20
City Compensatory Allowance (CCA) Rs. 1,400
Learning Allowance Rs. 600
DA Others Rs. 1,552.50
Housing 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 Probationary Officer is around Rs. 52,000 to Rs. 55,000 after deducting taxes, NPS, etc. The gross salary is approximately Rs. 57,000.

IBPS PO Allowances:

Apart from the basic pay, an IBPS PO is entitled to various allowances:

  1. House Rent Allowance (HRA): Varies from 9.0% to 7.0% depending upon the place of posting.
  2. Dearness Allowance (DA): Currently 23.87% of the basic pay, revised quarterly based on inflation rates.
  3. City Compensatory Allowance (CCA): 3% or 4% depending on the place of posting.
  4. Special Allowance: 7.75% of the basic pay.

IBPS PO Job Profile:

As a Probationary Officer, the job profile includes:

  1. Training in various banking operations like finance, accounting, investment, etc.
  2. Resolving customer queries.
  3. Supervising branch activities.
  4. Exploring new business opportunities.
  5. Handling daily transactions and loans.
  6. Maintaining public relations with customers.

IBPS PO Career Growth:

The career growth of an IBPS PO includes various promotions and opportunities based on performance and experience:

  1. Middle Manager – Middle Management Grade Scale 2
  2. Senior Manager – Middle Management Grade Scale 3
  3. Chief Manager – Senior Management Grade Scale 4
  4. Assistant General Manager – Senior Management Grade Scale 5
  5. Deputy General Manager – Top Management Grade Scale 6
  6. General Manager – Top Management Grade Scale 7
  7. Executive Director
  8. Chairman and Managing Director

IBPS PO salary and career growth make it an attractive job option for graduates aspiring to join the banking sector.

IBPS PO Notification 2023: Admit Card & Call Letter

Candidates appearing for IBPS PO 2023 exam must download the admit card from the official website as no hard copy will be sent via post. To access the admit card, candidates need to log in using their registration number/roll number and date of birth/password.

Admit Card Issuance:

The IBPS PO 2023 admit card will be available on the official website approximately 10 to 15 days before each phase of the examination, i.e., Preliminary Examination, Mains Examination, and Interview.

IBPS PO 2023 Result:

IBPS will release the results after the completion of each phase of the examination. The final merit list will be prepared in descending order of marks obtained by candidates in the Online Main Examination and interview. Candidates who secure a position within the number of vacancies in the merit list will be considered for appointment, subject to medical fitness.

IBPS PO Preparation:

Effective preparation for IBPS PO 2023 requires a systematic approach and understanding of the latest exam pattern. The syllabus covers various topics, and choosing the right study material is crucial for grasping concepts and practicing diverse question types.

Candidates are advised to go through previous years’ IBPS PO exam questions to get an idea of the exam pattern and question formats. Practicing new pattern questions is essential to enhance problem-solving skills. Previous Year Questions provides study notes, quizzes, and video lectures for IBPS PO 2023, keeping the latest pattern in mind.

Besides self-study, candidates can opt for coaching and online test series to improve their exam preparation. A well-structured preparation strategy and consistent practice will boost the chances of success in the IBPS PO 2023 exam.

IBPS PO Notification 2023: Cut Off

The IBPS PO 2023 cut-off marks will be released for each phase of the exam, including the Preliminary Exam, Main Exam, and Interview, along with the scorecard. The cut-off marks are the minimum scores required for candidates to qualify for the next stage of the selection process.

IBPS PO Preliminary Exam Cut Off 2022 (Category-wise):

Here is the category-wise cut-off marks for the IBPS PO Preliminary Exam held in 2022:

Category Cut-Off Marks
General (GEN) 49.75
Scheduled Caste (SC) 46.75
Scheduled Tribe (ST) 40.75
Other Backward Classes (OBC) 49.75
Economically Weaker Section (EWS) 49.75
Hearing Impaired (HI) 17.50
Orthopedically Challenged (OC) 32.75
Visually Impaired (VI) 24.75
Intellectual Disability (ID) 19.75

IBPS PO Preliminary Exam Sectional Cut Off 2022:

The sectional cut-off marks for the IBPS PO Preliminary Exam 2022 are as follows:

Subjects English Language Quantitative Aptitude Reasoning Ability
Maximum Score 30 35 35
Cut Off Score (UR/EWS) 09.75 08.75 09.25
Cut Off Score (SC/ST/PWBD) 06.50 05.50 05.00
Cut Off Score (OBC) 06.50 05.50 05.00

Candidates need to score equal to or above the cut-off marks to qualify for the respective phase of the IBPS PO 2023 examination. The cut-off marks may vary each year based on factors like the number of vacancies, difficulty level of the exam, and the performance of candidates.

FAQ’s

  1. Q: What is the full form of IBPS PO?
    A: The full form of IBPS PO is “Institute of Banking Personnel Selection – Probationary Officer.”
  2. Q: What is the educational qualification required for IBPS PO?
    A: Candidates need to have a graduation degree in any discipline from a recognized university.
  3. Q: What is the age limit for IBPS PO?
    A: The age limit for IBPS PO is between 20 to 30 years.
  4. Q: How many stages are there in the IBPS PO selection process?
    A: The IBPS PO selection process consists of three stages – Preliminary Exam, Main Exam, and Interview.
  5. Q: Is there any negative marking in the IBPS PO exam?
    A: Yes, there is a penalty of 0.25 marks for each wrong answer in the objective-type exams.
  6. Q: What is the salary of IBPS PO in 2023? A: The basic pay for IBPS PO in 2023 is Rs. 36,000, and the gross salary is around Rs. 57,000.
  7. Q: When will the IBPS PO 2023 exam be conducted?
    A: The IBPS PO 2023 Preliminary Exam will be conducted on 23rd, 30th September, and 01st October 2023.
  8. Q: How can I download the IBPS PO admit card?
    A: You can download the IBPS PO admit card from the official website using your registration number and date of birth.
  9. Q: What is the minimum qualifying mark for the IBPS PO interview?
    A: The minimum qualifying mark for the IBPS PO interview is 40% (35% for SC/ST/OBC/PWD candidates).
  10. Q: How many participating banks are there in IBPS PO recruitment 2023?
    A: There are 11 participating banks in IBPS PO recruitment 2023.
  11. Q: What is the duration of the IBPS PO Prelims exam?
    A: The IBPS PO Prelims exam has a duration of 60 minutes (1 hour) to attempt 100 questions.
  12. Q: How many sections are there in the IBPS PO Mains exam?
    A: The IBPS PO Mains exam consists of 4 objective sections and 1 descriptive section.
  13. Q: Can candidates from other countries apply for IBPS PO?
    A: Yes, candidates from Nepal, Bhutan, Tibetan refugees, and Persons of Indian Origin can apply with eligibility proof.
  14. Q: Is there any interview for IBPS PO?
    A: Yes, there is an interview round for candidates who qualify in the Mains exam.
  15. Q: Is the IBPS PO syllabus different for Prelims and Mains exams?
    A: Yes, the syllabus is different for IBPS PO Prelims and Mains exams.
Previous year questions