IBPS PO Notification 2024: Salary, Eligibility, Fee, Dates, Application Process

The IBPS PO exam notification will be released soon by the Institute of Banking Personnel Selection, in July 2024. The recruitment of probationary officers is conducted by the Institute of Banking Personnel Selection every year. Each year, the vacancies of probationary officers in different public sector banks are filled with candidates who are eligible. The process of recruiting probationary officers has been conducted since 2011, and the recruitment, which will take place in 2024, will be the 14th successive edition of the Institute of Banking Personnel Selection (IBPS). The IBPS will soon make an announcement regarding the notification of the probationary officers. After the release of the notification, candidates can apply for the role of PO on the official website of IBPS. There are 11 banks associated with the Institute of Banking Personnel Selection (IBPS) for recruiting probationary officers. 

 

IBPS PO Notification 2024 Overview

 

The IBPS PO exam is conducted every year by the Institute of Banking Personnel Selection (IBPS) to fill the available vacancies in the banks. The notification regarding this year’s recruitment process is expected to be released in July 2024. The detailed overview of the job and organization is described below: 

 

  • Position Title: Probationary Officers (PO)
  • Department: Institute of Banking Personnel Selection (IBPS)
  • Participating Banks: 11 
  • Application Mode: Online 
  • Type of employment: Government Jobs 
  • Salary: Rs. 52,000 to 55,000

 

IBPS PO 2024 Important Dates

 

The notification regarding the recruitment process is expected to be available by July 2024. The dates of the registration process for the recruitment process will also be announced along with the release of notifications. The other important days, such as the preliminary and main examination dates, important dates regarding the recruitment of probationary officers are mentioned below: 

 

  • Notification Release Date: July 2024
  • Application Opening Date: Not Announced
  • Application Closing Date: Not Announced
  • IBPS PO 2024 Preliminary Exam Date: October 19,20, 2024
  • IBPS PO 2024 Mains Exam Date: November 30, 2024 

 

How to Apply for IBPS PO 2024?

 

The IBPS PO application process usually takes place in online mode. There is no official announcement about the dates of the application process. As soon as the notification regarding the application process gets released, candidates can start applying for the role of probationary officers through the link provided on the official website of the Institute of Banking Personnel Selection. The candidates are advised to go through the eligibility criteria guidelines. If the candidates are eligible, they can start with the registration process.

The candidates are required to fill out the application form with the necessary information regarding their personal information, and academic qualifications. Along with this information the candidates are required to attach certain files, such as their signature and photograph, which should be scanned in the size mentioned, and a handwritten declaration is also to be submitted in the application process. 

 

IBPS PO 2024 Application fee 

 

The payment of the application fee is the final step before the submission of the application. The application fee payment is done through an online transaction, and the amount paid will not be refunded. The application fee varies according to the category of the candidate. The application fee for the candidates of SC, ST, and PWD is Rs. 175 (intimation charge); the General and Other candidates are required to pay an amount of Rs. 850 (which includes the intimation fee along with the application fee).

 

IBPS PO Notification 2024 Vacancy Details

 

The vacancies for probationary officers in the 11 banks that are associated with the Institute of Banking Personnel Selection (IBPS) have not been announced yet. The details regarding the vacancies are expected to be announced along with the release of the IBPS PO Notification. Last year, a total of 3049 vacancies were announced for the 11 participating banks of the IBPS for the role of probationary officers. 

 

IBPS PO Recruitment 2024 Eligibility Criteria

 

The IBPS PO exam participation is approved by certain eligibility criteria, which were mentioned by the Institute of Banking Personnel Selection. The eligibility criteria required to apply for the roles of probationary officers in the 11 participating banks are shown below: 

 

Nationality: The candidate should be a citizen of India or a resident of Nepal or the people from Pakistan, Burma, Sri Lanka, the East African countries of Kenya, Uganda, the United Republic of Tanzania, Zambia, Malawi, Zaire, Ethiopia, and Vietnam who came to India with the idea of becoming permanent residents of India. If the person is from Nepal or has migrated to India from other countries, they should be provided with a certificate of eligibility by the Indian government.

 

Educational Qualification: The candidates who wish to apply for the role of probationary officer are required to have a bachelor’s degree in any branch from a UGC-Authorized university. The certificates regarding their completion of the degree and mark sheet are required to be uploaded during the registration process.

 

Age Limit: The candidates should have a minimum age of 20 years and a maximum age of 30 years. There are certain age relaxations that are followed based on government norms. 

 

Computer Literacy and Language Proficiency: The candidates are required to have a decent knowledge of the computer system and should be proficient with the state’s official language. 

 

IBPS PO Recruitment 2024 Selection Process

 

The selection process for the role of PO is conducted in three phases, a preliminary exam, a main exam, and an interview. The detailed information about these phases is discussed below: 

 

Preliminary exam: The exam is conducted in online mode for 60 minutes. The questions will be from the English language test, arithmetic operations, and logical reasoning. 100 questions will be asked in total for 100 marks.  Each correct answer carries one mark, and each wrong answer carries -0.25 marks. 

 

Main exam: The candidates shortlisted from the preliminary exam advance to the main exam. Here the exam is for 225 marks, where 200 marks are related to aptitude and 25 marks are for English language essay writing. The duration of the exam is 3 hours. Questions will be based on the English language, logical reasoning, general knowledge, arithmetic operations, general economy, and banking awareness. Each correct answer carries one mark, and the wrong answer carries -0.25 marks. 

 

Interview: The final phase of the application process is an interview, which is face-to-face for 15-20 minutes. The questions regarding the candidate’s educational background and knowledge based on the field of banking are tested in the interview. 

 

The candidates who advance through all the stages of the selection process will be shortlisted and appointed as PO in any of the 11 banks. 

 

Frequently Asked Questions (FAQs)

 

1) Are there any negative marks for wrong answers in preliminary and main exams?

Answer: Yes, the wrong answers will be deducted with 0.25 marks. 

 

2) How many banks participate in the PO recruitment by IBPS? 

Answer: The total number of banks participating in the recruitment process is 11 banks. 

 

Conclusion 

 

The graduates who wish to work in the field of banking can make use of this opportunity and apply for the exams at IBPS. The aspiring candidates are advised to prepare for the exams based on the pattern and syllabus given and perform well. 

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