IBPS PO Notification 2024: Apply Online Starts from August 1

The Institute of Banking Personnel Selection (IBPS) has announced the latest recruitment notification for Probationary Officers/ Management Trainees (CRP PO/MT-XIV) for the vacancies spanning 2024-26. This notification marks an important event for banking aspirants across India, providing a structured pathway to secure a prestigious position in the banking sector. Here, we provide a detailed overview of the IBPS PO Notification 2024, including eligibility criteria, important dates, application procedures, and the selection process.

Overview of IBPS PO Recruitment 2024

Recruitment Organization: Institute of Banking Personnel Selection (IBPS)
Post Name: Probationary Officer/ Management Trainee (PO/MT)
Advertisement No.: CRP PO/MT-XIV
Notification Date: 29 July 2024
Official Website: ibps.in

Important Dates

The notification for IBPS PO 2024 was released on 29 July 2024. Here are the key dates:

• Online Application Start Date: 1 August 2024
• Online Application End Date: 21 August 2024
• Prelims Exam Date: 19 & 20 October 2024
• Mains Exam Date: 30 November 2024
• Interview Dates: January/February 2025

Application Fees

The application fee varies by category:

• General, OBC, and EWS: Rs. 850/-
• SC, ST, and PWD: Rs. 175/-

Payment can be made online.

Vacancies and Qualifications

Age Limit: 20-30 years as of 1 August 2024. Age relaxation is applicable as per government rules.

Post Name: Probationary Officer/ Management Trainee (PO/MT)
Vacancies: Approximately 3000+
Qualification: Graduation in any discipline from a recognized university

Selection Process

The selection process for IBPS PO 2024 involves multiple stages:

1. Prelims Written Exam
2. Mains Written Exam
3. Interview
4. Document Verification
5. Medical Examination

Exam Pattern

Prelims Exam Pattern

The preliminary exam consists of three sections, each with a specific time limit:

• English Language: 30 questions, 30 marks, 20 minutes
• Numerical Ability: 35 questions, 35 marks, 20 minutes
• Reasoning Ability: 35 questions, 35 marks, 20 minutes

Total: 100 questions, 100 marks, 60 minutes

Mains Exam Pattern

The mains exam includes both objective and descriptive tests:

• Reasoning & Computer Aptitude: 45 questions, 60 marks, 60 minutes
• English Language: 35 questions, 40 marks, 40 minutes
• Data Analysis & Interpretation: 35 questions, 60 marks, 45 minutes
• General/Economy/Banking Awareness: 40 questions, 40 marks, 35 minutes
• Descriptive Test (English Language – Letter Writing & Essay): 2 questions, 25 marks, 30 minutes

Total: 155 questions, 200 marks, 3 hours + 30 minutes for the descriptive test.

Interview

Candidates who qualify the mains exam are called for an interview which carries 100 marks. The minimum qualifying mark for the interview is 40% (35% for SC/ST/OBC/PWD candidates).

How to Apply for IBPS PO Recruitment 2024

Candidates can apply online through the IBPS official website from 1 August 2024. Here’s the step-by-step process:

1. Visit the official website: ibps.in
2. New Registration: Click on the “New Registration” link and enter basic information to generate a provisional registration number and password.
3. Fill Application Form: Log in with the registration number and password to complete the application form. Fill in personal, educational, and other required details accurately.
4. Upload Documents: Upload scanned copies of your photograph, signature, left thumb impression, and a handwritten declaration as per the specifications mentioned in the notification.
5. Pay Application Fee: Pay the application fee online through net banking, credit card, or debit card.
6. Submit Application: Review all details carefully and submit the application form. Save a copy of the submitted form and the e-receipt of the fee payment for future reference.

Eligibility Criteria

Educational Qualification: A graduate degree in any discipline from a recognized university. Candidates must also have operating and working knowledge of computer systems.

Age Limit: 20-30 years. Age relaxation is applicable for reserved categories as per government norms.

Nationality: Candidates must be citizens of India, or subjects of Nepal/Bhutan, or Tibetan refugees who came to India before January 1, 1962, or persons of Indian origin who migrated from specified countries with the intention of permanently settling in India.

Participating Banks

Here are some of the banks participating in the 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

Salary and Benefits

The initial in-hand salary of an IBPS Probationary Officer ranges from Rs. 52,000 to 55,000, including dearness allowances, special allowances, and other benefits. The basic pay is Rs. 36,000, as per the 11th Bipartite Agreement.

Preparation and Resources

Candidates must prepare systematically, focusing on the latest exam pattern. Here are some tips:

• Study Material: Choose the right study material that covers the concepts and provides a variety of practice questions.
• Mock Tests: Regularly take mock tests to get a feel of the exam environment and to manage time effectively.
• Previous Year Papers: Review previous year’s papers to understand the question pattern and difficulty level.
• Coaching: Consider joining a coaching institute or an online test series for guided preparation.

Important Points

• Penalty for Wrong Answers: In both prelims and mains exams, there is a penalty for wrong answers. One-fourth of the marks assigned to the question will be deducted for each wrong answer.
• Cut-Offs: Candidates must clear the sectional and overall cut-offs in prelims and mains exams to qualify for the next stage.
• Final Merit List: The final merit list is based on the cumulative scores of the mains exam and the interview, with a weightage of 80:20 respectively.

Admit Card and Result

Candidates can download the admit card from the official website. The admit card for each stage of the exam will be released separately. The results will also be announced on the official website after the completion of each phase of the examination.

Frequently Asked Questions (FAQs) for IBPS PO Notification 2024

Conclusion

The IBPS PO 2024 notification is a golden opportunity for banking aspirants to secure a coveted position in the public sector banks of India. With a structured selection process, attractive salary, and numerous benefits, it promises a stable and rewarding career. Candidates should start their preparation immediately, keeping in mind the detailed syllabus and exam pattern, to excel in this competitive examination.