FAQs about IBPS Exam

Govt. Job and Banking Job.

Q. I am a Graduate and looking for a job.

Millions of young graduates are coming out of colleges every year. Everyone has high expectations about their career and as soon as they finish their Degree they look for a job. Job market has become highly competitive due to demand and supply gap. Employers have been talking about low job ready skills in Indian youth or young graduates. So it becomes important for a job seeker to prove its metal to get a good job.

Q. What kind of Govt. Jobs are available?

Govt. has various departments like Ministries, Defence, Police, Income Tax, Excise etc to run the country. Beside these departments Govt. also does business in market directly or by their undertaking companies Like Oil companies, Banks, Power Companies, PSUs etc. Govt is involved in social welfare activities and they run Schools, Colleges, and Hospitals. There are lot of vacancies in Govt. departments and undertakings every year.

Q. What kind of Jobs are available in banks?

Banks has three kind of job openings i.e. 1. Clerk,  2. Probationary Officer, 3. Specialist Officer.

Q. What is the work of a bank probationary officer? How much he is paid?

Probationary Officer is the first entry point in officer cadre for a job in bank, especially to fresh graduates & those without prior experience. The PO will report to their immediate senior officer, who will closely monitor & evaluate the performance of him/her for a certain period.

While on job, Probationary officers will have to take up assignments given by their managers. Along with training, they will also be deployed across various departments of the bank to gain exposure in operations & working of bank. So, in short, the PO must be willing to take up any work during the probation period in order to understand the process effectively & to scale greater heights and reach higher positions.

Probation period: Normally, the probation period for PO`s will be for 2 years. The probation period can also considered as the learning phase. Hence it is extremely important to be in good conduct, during probation. Banks have the right to terminate the employee during the probation, if he/she does not fit the position.

Bank PO joins the bank as Asst manager after the end of probation period. Initially he/she may be posted in a branch where he/she will handle daily customer transaction like passing a cheque, cash management, Draft issuance etc. After certain experience and depending upon skill/aptitude, the person would be given an opportunity to work in other areas like planning, marketing, budgeting, processing of loan, investment management etc.

Pay Scale:  A probationary Officer gets Rs 37000/- approximately and other benefits initially.

Q. What kind of jobs are available in market?

In India the Jobs are basically categorised in two categories. i.e Govt. Jobs and Private Jobs. Govt. Jobs are very popular among Indians because of benefits associated with them. A Govt. Job offers handsome salary, Good Growth potential, Social and economical security and other lucrative benefits. It also offer work life balance. The respect attached with Govt. job makes it very attractive among job seekers.

Q. Which Sector in Govt Jobs offers good potential?

There are a lot of Govt. Jobs available every year. But due to high number of candidates the competition is very high. Out of all Govt. jobs banking sector looks very promising due to high number of vacancies every year. It offers a respectable and high paying job in very limited time with excellent growth potential. It has become one of the most popular jobs among job seekers.

Q. What is the work of a bank clerk? How much he is paid?

The chief responsibilities of the bank clerk are maintaining a daily record of bank work of various departments. They work on front customer interface in bank branches like Cash Counters, Cheque Entry, Passbook entry etc. These days bank clerks play a vital role in administration department, such as data entry, typing other necessary bank information served to the customers.

PAY SCALE– A bank clerk get Approx Rs 18000/- gross salary excluding other perks and benefits.

Q. Who are the Specialist Officers in Banks?

Specialist Officers have a specific area of expertise, in which they may have graduated or might have good experience. Example – A Graduate in Agriculture/Horticulture/Allied sciences will be appointed as Specialist officer to lend loans to farmers, agricultural companies & to fetch deposits from nearby farms, dairies etc., Since these people are specialized in a specific subject, they are used by banks to work more closely with the specific public community.

The Specialist officers are appointed based on the need, vision, business and reach of the bank. If a bank has huge foreign deposits or if it handles large amount of foreign transactions, a specialist officer with strong knowledge of foreign exchange policies, rules etc may be appointed.

This is the reason why banks expect candidates graduated from specific stream like Electronics, Computer science, Agriculture, Horticulture & other subjects to apply for the post of Specialist Officers. In short, the role of Specialist Officers is much needed, if the bank is willing to reach out all parts of societies in the country.

Pay Scale:  A probationary Officer gets Rs 37000/- approximately and other benefits initially.

About IBPS and CWE.

Q. How do i get the job in bank?

To get a bank job, you need to clear an all India level exam conducted by IBPS twice a year separately for all three types of jobs.

Q. What is IBPS?

IBPS is Institute of Banking Personnel Selection which is now conducting recruitment for banks in India, through various common exams such as CWE for PO, CWE for Clerks, CWE for Specialist Officers etc.

Q. What is Common Written Examination (CWE)?

Common Written Examination (CWE) is a combined written exam conducted by the IBPS for recruiting staff to 21 public Sector banks & RRBs. It is conducted once a year. It was started in 2011 for the first time.

Q. What is the Eligibility Criteria for Bank Clerk Exam?

IBPS Clerk Exam Eligibility divided in three sections which are mandatory sections all participants to check their eligibility before applying IBPS Clerk vacancy.

  • Nationality / Citizenship
  • Age Limit
  • Educational Qualification

Nationality :– It also known as Citizenship. Participants must have one in these given citizenship’s.

  • Citizen of Indian
  • Citizen of Nepal
  • Citizen of Bhutan
  • A Tibetan refugee
  • Migrated Peoples from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, the United Republic of Tanzania (formerly Tanganyika and Zanzibar), Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India.

Age Limit :- IBPS Clerk Exam Age Limit is under 20 – 28 years and age relaxation the given criteria check it.

Sr. No. Category Age relaxation
1 Scheduled Caste/Scheduled Tribe 5 years
2 Other Backward Classes 3 years
3 Persons With Disability 10 years
4 Ex-Servicemen/Disabled Ex-Servicemen actual period of service rendered in the defence forces + 3 years (8 years for Disabled Ex Servicemen belonging to SC/ST) subject to a maximum age limit of 50 years
5 Widows Divorced women and women legally separated from their husbands who have not remarried 9 years
6 Persons ordinarily domiciled in the Kashmir Division of the State of Jammu & Kashmir during the period 1-1-80 to 31-12-89 5 years
7 Persons affected by 1984 riots 5 years
8 Regular employees of the Union Carbide Factory, Bhopal retrenched from service (Applicable to Madhya Pradesh state only) 5 years

Educational Qualification :- candidates must have Graduation Degree from any recognized University of State govt. or Central govt.
Computer Knowledge :– Candidates must have Knowledge of operating a computer must have Certificate/Diploma/Degree in computer operations/Language/ should have studied Computer / Information Technology as one of the subjects in the High School /College/Institute. and knowledge of Local Language.

Q. Which Banks will participate in this recruitment Process?

Total – 21 Banks

  1. Allahabad Bank
  2. Canara Bank
  3. Indian Bank
  4. Syndicate Bank
  5. Andhra Bank
  6. Central Bank of India
  7. Indian Overseas Bank
  8. UCO Bank
  9. Bank of Baroda
  10. Corporation Bank
  11. Oriental Bank of Commerce
  12. Union Bank of India
  13. Bank of India
  14. Dena Bank
  15. Punjab National Bank
  16. United Bank of India
  17. Bank of Maharashtra
  18. Punjab & Sind Bank
  19. Vijaya Bank
  20. Bharatiya Mahila Bank
  21. IDBI Bank

Q. What is the eligibility Criteria for Bank P.O post exam?

Eligibility Criteria of IBPS PO CWE Contains these 3 points to check such as Candidates age limit , Educational qualification , Nationality / Citizenship. Let’s see the details about these points.

Age Limit :– Under IBPS Eligibility Criteria for PO 2015 Interested candidates must have age between 20 – 30 years.

Sr. No. Category Age relaxation
1 Scheduled Caste/Scheduled Tribe 5 years
2 Other Backward Classes (Non-Creamy Layer) 3 years
3 Persons With Disabilities 10 years
4 Ex-Servicemen, Commissioned Officers including Emergency Commissioned Officers (ECOs)/Short Service Commissioned Officers (SSCOs) who have rendered at least 5 years military service and have been released on completion of assignment (including those whose assignment is due to be completed within the stipulated time) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency or physical disability attributable to military service or invalidment 5 years
5 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
6 Persons affected by 1984 riots 5 years

Education Qualification :- Under IBPS PO Recruitment Eligibility Criteria 2015 Candidates must have completed their Graduation Degree from any recognized university or institution. Participants also required their mark sheet numbers while they submit IBPS PO online form 2015.

Nationality / Citizenship :– Participants must have these citizenship which is given below..

  • Citizen of Indian
  • Citizen of Nepal
  • Citizen of Bhutan
  • A Tibetan refugee
  • Migrated Peoples from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, the United Republic of Tanzania (formerly Tanganyika and Zanzibar), Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India.

All of Eligible candidates after checking IBPS PO Eligibility for all category candidates such as General Category , OBC , SC/ST/PH. now check other details of IBPS PO Recruitment 2015 given below.

IBPS interview

Q. Who is called for IBPS interview?

IBPS department conducts IBPS Bank Exam in two steps i.e common written exam (CWE) and Interview. Ratio of Interview and CWE is 20:80. Participants who are  successfully cleared in IBPS exam they are called for interview.

Q. What Documents required at the time on interview?

List of Documents to be produced at the time of interview(as applicable)
The following documents in original and self attested photocopies in support of the candidate’s eligibility and identity are to be invariably submitted at the time of interview failing which the candidate may not be permitted to appear for the interview. Non submission of requisite documents by the candidate at the time of interview will debar his candidature from further participation in the recruitment process.

(i) Printout of the valid Interview Call Letter

(ii) Valid system generated printout of the online application form registered for CWE PO/MT-IV

(iii) Proof of Date of Birth (Birth Certificate issued by the Competent Municipal Authorities or SSLC/ Std. X Certificate with DOB)

(iv) Photo Identify Proof as indicated in Point G of the advertisement

(v) Mark-sheets & certificates for Graduation or equivalent qualification etc. Proper document from Board / University for having declared the result on or before 11.08.2014 has to be submitted.

(vi) Caste Certificate issued by the competent authority in the prescribed format as stipulated by Government of India in the case of SC / ST / OBC category candidates.
In case of candidates belonging to OBC category, certificate should specifically contain a clause that the candidate does not belong to creamy layer section excluded from the benefits of reservation for Other Backward Classes in Civil post & services under Government of India. OBC caste certificate containing the Non-creamy layer clause should be valid as on the last date of online registration i.e. 11.08.2014 (issued within one year prior to the last date for online registration).Caste Name mentioned in certificate should tally letter by letter with Central Government list / notification.
Candidates belonging to OBC category but coming under creamy layer and/ or if their caste does not find place in the Central List are not entitled to OBC reservation. They should indicate their category as General in the online application form.

(vii) Disability certificate in prescribed format issued by the District Medical Board in case of Persons With Disability category
If the candidate has used the services of a Scribe at the time of CWE the duly filled in details of the scribe in the prescribed format

(viii) An Ex-serviceman candidate has to produce a copy of the Service or Discharge book alongwith pension payment order and documentary proof of rank last / presently held (substantive as well as acting) at the time of interview. Those who are still in defence service should submit a certificate from a competent authority that they will be relieved from defence services, on or before 10.08.2015.

(ix) Candidates serving in Government / quasi govt offices/ Public Sector Undertakings (including Nationalised Banks and Financial Institutions) are required to produce a “No Objection certificate” from their employer at the time of interview, in the absence of which their candidature will not be considered and travelling expenses, if any, otherwise admissible, will not be paid.

(x) Persons eligible for age relaxation under II (5) must produce the domicile certificate at the time of interview/ at any stage of the subsequent process from the District Jurisdiction where he / she had ordinarily resided or any other authority designated in this regard by the Government of Jammu &
Kashmir to the effect that the candidate had ordinarily domiciled in the Kashmir Division of the State of J&K during the period from 01.01.80 to 31.12.89.

(xi) Persons eligible for age relaxation under II (6) must produce a certificate from the District Magistrate to the effect that they are eligible for relief in terms of the Rehabilitation Package for 1984 Riot Affected Persons sanctioned by the Government and communicated vide Ministry of Finance, Dept. of Financial Services communication No.F.No.9/21/2006-IR dated 27.07.2007.

(xii) Experience certificates, if any

(xiii) Persons falling in categories (ii), (iii), (iv) and (v) of Point B (I) should produce a certificate of eligibility issued by the Govt. Of India

(xiv) Any other relevant documents in support of eligibility

Note:- Candidates will not be allowed to appear for the interview if he/ she fails to produce the relevant eligibility documents as mentioned above.

Q. What is expected IBPS Mains Cutoff 2015?

As you know that IBPS PO Main Examinations have just concluded. Here we are          providing analysis of IBPS PO Main Cut Off Marks. This cut off analysis of IBPS PO Mains is based on the previous cut off of various IBPS PO Examinations. This year IBPS examination is being conducted in 3 phases hence difficulty level of this exam has further increased. Here is the analysis of the IBPS PO Main Cut Off.

Expected overall IBPS PO Main Cut Off

General: 80, OBC: 78, SC: 68.

Q. Does my previous experience matter in Bank interview? Should I mention it?

In an interview process interview panel wants to know your suitability to the job. If you are having job experience in relevant field than its always better to mention that. This may lead to some cross questions about your previous job.

However if you do not have previous job experience certificate( appointment letter, resignation letter or experience certificate) than it is better not to mention.

Q. How my Educational background does affect my interview?

This the most common query about in the mind of IBPS aspirants. A Lot of candidates from diverse background are applying for IBPS exam. All have the doubt about their suitability to the job or doubt like commerce graduates have advantage over them.

Well if we see the last patterns the figures are entirely opposite. Yes Core bank job is better suited to commerce background students but now all the banks are CBS and runs on the software. So now it’s mainly all about handling the computer and dealing with people until you are working in any specialized department. Moreover banks are also having their own training centres to train staff for various departments.  So the IBPS also acknowledge these fact and gives equal opportunity to all. What matters most is the soft skills, computer knowledge and the basic knowledge of banking. So aspirants from different educational background have equal opportunities.

Q. I am not having any Banking and Management Degree. Is it going to affect my interview chances?

Having a degree in Banking and Management surly has a positive impression in IBPS interview. But even if you are not having any Banking and Management degree it will not hamper your chances. The most important thing is your soft skills and your Computer knowledge. Once you get the job bank sponsors to get the degree in Banking and Management.

So having a degree in Banking and Management is an added advantage but not having such degree does not have a negative effect.

Q. I have been preparing for competitive exams since one year. During this time I did not do any course. Will this gap year affect my chances for interview?

Gap between your education and interview is very crucial. Aspirants who are having pursing some course or recently finished some course do have a better impression. But now days the volume of candidates applying for the job and the competition is so high that one person need to do the preparation seriously for the exam. The level of preparation required to clear the exam needs dedication and time which in itself justify the gap. So it is better to mention some sort of experience if you have been doing any kind of job or project work genuinely. But it is highly advisable not to bluff about any experience which you do not have.

Q. I do not have command on English Language. Is it going to affect my interview process?

This is one of most troubling doubt in mind of Hindi or Local language speaking candidates. Though Banks are trying to promote Hindi and other local languages, still most of the work is done in English only.

Slowly and gradually Banks and Govt. are trying to promote local languages because local language plays very important role in promoting business and maintaining customer relations. So having reasonable command on English is better but the chances for all are equal in Interview.

Q. How many panels member sit to take the interview in IBPS?

As per the candidate experiences, the panel generally consists of 4 or 5 members. Although they could be from banking background but it’s not known whether they are employees of PSB or not.

Common Doubts

Q. I belong to a rural background. Will urban candidates get priority over me?

There is no bias like this. And Banking Sector is seeing the expansion phase and a lot of bank branches are being opened in rural area. This make Rural background candidates suitable for job as they understand the needs of Rural areas better. So Geographical and Economical background of a candidate has no impact on his suitability to job.

Q. Being a girl I wish to work nearby my hometown. Whether I will get posting near to my hometown?

As per the new service conditions of Banks, Female worker are given postings preferably either near to their Home or near to Husband’s work place. Once the female staff ride the ladder of growth and enters in higher Management scale after promotion this rule does not apply.

Q. Bank officer job is all India Based job. How will be the postings done in Bank.

Bank job is All India Transferrable job in Officer’s Cadre.  An officer is liable to go anywhere in India where the bank posts him. In last decade banks have seen a lot of expansion. In line to make HR polices employee friendly most of the banks try to give favourable posting to Junior Management Grade Office.  Still an officer needs to make up his mind to enjoy far away postings.

Clerical cadre Job is State Level and usually Clerks are posted near their Home town.