Institute of Banking Personnel Selection (IBPS) conducts an online examination to recruit Probationary Officers (PO) for various banks in India.
The banks that recruit through IBPS are:
The approximate salary structure of a Probationary Officer is as follows:
|Major A Class Cities (Metro Cities)||Other Places in Area I (State Capitals etc.)||Other Places (District Level and Rural Areas)|
|Basic Pay||Rs. 14,500||Rs. 14,500||Rs. 14,500|
|Dearness Allowance @ 99.9%||Rs. 14,485.5||Rs. 14,485.5||Rs. 14,485.5|
|CCA (3% to 4% max. Rs. 540)||Rs. 540||Rs. 375||Rs. 0|
|Total Salary (Excluding HRA)||Rs. 29,525.5||Rs. 29,360.5||Rs. 28,985.5|
|HRA – 8.5%; 7.5%; 6.5%||Rs. 1,232.5||Rs. 1,087.5||Rs. 942.5|
|Total Salary (including HRA)||Rs. 30,758||Rs. 30,448||Rs. 29,927.5|
Graduates in any discipline from any recognized university or any equivalent qualification recognized by the Government of India.
Candidates who are in the final year of graduation are not eligible to apply. The candidates need to have their marksheets while registering for the exam.
The age of the candidates should be between 20 years and 30 years, both inclusive.
The upper age limit is relaxed for the candidates belonging to the following categories.
|Category||Upper Age Limit Relaxation|
|Scheduled Caste (SC) / Scheduled Tribe (ST)||5 years|
|Other Backward Castes (Non-Creamy Layer) (NC-OBC)||3 years|
|Persons with Disabilities (PWD)||10 years|
|Ex Servicemen, Commissioned Officers including Emergency Commissioned Officers (ECOs), Short Service Commissioned Officers (SSCOs)||5 years|
|Persons ordinarily domiciled in the Kashmir division of the State of Jammu & Kashmir during the period 01.01.1980 to 31.12.1989||5 years|
|Persons affected by 1984 riots||5 years|
Cumulative age relaxation, other than what is mentioned will not be allowed.
The IBPS PO examination consists of five sections.
IBPS PO prelims is an online multiple-choice question (MCQ) examination of 60 mins duration. The test has a combined time of 1 hour. So, the candidates have to manage their time well.
|Section||Number of Questions||Marks|
IBPS PO mains is an online exam of 140 minute duration.
|Section||Duration||Number of Questions||Marks|
|General Awareness with special reference to Banking industry||20 mins||40||40|
|English Language||30 mins||40||40|
|Quantitative Aptitude||40 mins||50||50|
|Computer Knowledge||10 mins||20||20|
1/4 marks will be penalized for every wrong answer.
|Submission of Application||13 August, 2016|
|Preliminary Exam||16, 22, 23 October, 2016|
|Result of Preliminary exam||November 2016|
|Online exam - Mains||20 November, 2016|
|Result of Mains exam||December 2016|
|Provisional Allotment||April 2017|