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IBPS PO 2024 Vacancy Exam Summary

IBPS PO 2024- Exam Summary
OrganisationInstitute of Banking Personnel Selection (IBPS)
Post NameProbationary Officer
Vacancy4455
Participating Banks11
Application ModeOnline
IBPS PO Registration 20241st to 21st August 2024
Exam ModeOnline
Recruitment ProcessPrelims- Mains- Interview 
Education QualificationGraduate 
Age Limit20 years to 30 years 
SalaryRs. 52,000 to 55,000
Official websitewww.ibps.in

IBPS PO 2024 Important Dates

IBPS PO 2024 Important Dates
EventsDates
IBPS PO Notification 20241st August 2024
Online Registration Process Starts1st August 2024
Online Registration Process Ends21st August 2024
Last Date to Pay Application Fee21st August 2024
IBPS PO Pre-Exam TrainingSeptember 2024
IBPS PO 2024 Preliminary Exam Date19th, 20th October 2024
IBPS PO Mains Exam Date 202430th November 2024

 

Participating Banks

Total of 11 Banks participate in the recruitment, a candidate has to choose which bank he/she prefers and simultaneously he/she has to select all bank

  1. Bank of Baroda
  2. Canara Bank
  3. Indian Overseas Bank
  4. UCO Bank
  5. Bank of India
  6. Central Bank of India
  7. Punjab National Bank
  8. Union Bank of India
  9. Bank of Maharashtra
  10. Indian Bank
  11. Punjab & Sind Bank
bank-po-exam-classes-in-vasai-virar

IBPS PO 2024 Salary Structure

IBPS Bank PO Salary Structure in India
Basic payINR 36,000
DA23.87% of the Basic Pay (Varies based on inflation rates) (INR 8593 for basic pay of INR 36,000)
HRA7%-9% of the basic pay (For Eg: 3240 for the basic pay of INR 36,000)
City Compensatory Allowance (CCA)/LOC A3% or 4%(depending on the place of posting) (For Eg: INR 1400)
Special Allowance7.75% of the basic pay (INR 5904 for the basic pay of INR 36,000)
DA othersRs. 1552
Learning AllowanceRs. 600
Prof TaxRs. 200
Cont to NPSRs. 4459
Gross SalaryRs. 57,289
NET Salary after deduction of INR 4659Rs. 52,630



IBPS PO 2024 Application Fee

Sr. No.

Category

Application Fee

1

SC/ST/PWD

Rs.175/- (Intimation Charges only)

2

General and Others

Rs. 850/- (App. Fee including intimation charges)

ibps-po-exam-classes-in-vasai-virar

Promotional Channels – As the career of the probationary officer grows the scale and salary of the person increase.

 MMGS II (Middle Management Grade Scale-II): The Basic salary ranges from 31705 to 45950.

 MMGS II (Middle Management Grade Scale III): The Basic salary usually ranges from 42020 to 51490.

 SMGS IV (Senior Management Grade Scale IV): The Basic salary usually ranges from 50030 to 59170.

 SMGS V (Senior Management Grade Scale V): The Basic salary usually ranges from 59170 to 66070.

How good is IBPS PO Job? Let’s see the promotion designation of a PO through various steps:

  • Level 1- Probationary Officer: The basic training phase of PO where he learns all the basic responsibilities he has to take.
  • Level 2- Assistant Manager: The work of an Assistant Manager is same as that of a PO. It’s just that this post is confirmed and not on a probation period.
  • Level 3- Branch Manager: The branch manager leads the whole bank branch.
  • Level 4- Chief Manager: The chief manager takes the responsibility of the main branch in a city i.e. a bigger branch.
  • Level 5- AGM: The Assistant General Manager takes care of a group of the branch in a region.
  • Level 6- DGM: The Deputy General Manager takes care of branches in a bigger zone or no. of the region.
  • Level 7- CGM: The Chief General Manager heads a circle like a complete branch of a state.
  • Level 8- GM: The General Manager has a higher responsibility of taking care of all the branches globally. He takes multiple duties and roles.

IBPS PO Eligibility Criteria

Graduation Degree: The eligibility criteria for the IBPS CRP exam is as basic as a graduation degree (BA, BCom, BSc, B.Tech or as such) in any discipline from a University recognized by the Government of India. Any such candidate who has received equivalent qualification which is recognized by the Central Government is also eligible to apply for this exam.

The candidates must be in possession of a valid Mark-sheet / Degree Certificate that certifies that they are a graduate on the day they register for this exam, and must indicate the percentage of marks obtained in Graduation while registering for the IBPS Bank-PO examination.

Computer Literacy: Working knowledge of computer systems is necessary for the job as well as to give the IBPS PO exam which is conducted in online mode.

Language Proficiency: Verbal and written proficiency in the official language of the State/UT is desirable. The candidate must be able to read, write and speak the language.

  1. Citizen of India
  2. Subject of Nepal or Bhutan
  3. Tibetan refugees 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 belonging to the category 2, 3, 4 must have a certificate of eligibility issued by the Govt. of India in their favor.
  1. Candidates must hold a Graduation degree in any discipline from a recognised University or any equivalent qualification which is recognised by the Central Government. They should ensure that the passing certificate should indicate the degree pass date in it.
  2. Prospective applicants who are in the Final Year/ Semester of their Graduation may also apply on a provisional basis. However, this is subject to the condition that at the time of the interview, they’ll need to produce proof that they have passed the graduation examination.
  3. Candidates who have an Integrated Dual Degree (IDD) certificate need to ensure that the date of passing of the IDD is as mentioned in the notification
  4. Candidates who possess Chartered Accountancy qualification are also eligible to apply.
  5. As per the IBPS PO qualification criteria, the candidates should indicate the percentage obtained in Graduation degree and calculate it to the nearest two decimals in the application form. For cases where CGPA is awarded, applicants should convert the grade into percentage and indicate it in the online application form.
  6. For the IBPS PO eligibility percentage, candidates with less than 60% in their graduation are also eligible to take the IBPS PO exam. The Board prescribes no minimum percentage in Graduation for the IBPS PO

Our Successful Students in Competitive Exams like IBPS-Clerk, SBI-Clerk, SBI-PO, SSC, Railway & Insurance

IBPS PO Age Limit

Minimum: 20 years Maximum: 30 years
i.e. A candidate must have been born not earlier than 02.08.1994 and not later than 01.08.2004 (both dates inclusive)

Sr. No.CategoryAge relaxation
1Scheduled Caste/Scheduled Tribe5 years
2Other Backward Classes (Non-Creamy Layer)3 years
3Persons With Benchmark Disabilities as defined under “The Rights of Persons with Disabilities Act, 2016”10 years
4Ex-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 one year from the last date of receipt of application) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency or physical disability attributable to military service or invalidment, subject to ceiling as per Government guidelines.5 years
5Persons affected by 1984 riots5 years

IBPS PO Exam Pattern

The Exam pattern of IBPS PO is in 3 Stage:

The Composite time for Prelims exam is of 60 minutes for 100 Marks and consists 100 questions.
Prelims exams rewards 1 mark for every correct answer and deducts 0.25 marks for every incorrect answer 

IBPS PO Prelims Exam Pattern 2024
S.No.Name of Tests(ObjectiveNo. of QuestionsMaximum MarksDuration
1English Language303020 minutes
2Numerical Ability353520 minutes
3Reasoning Ability353520 minutes
Total10010060 minutes

 

The Composite time for Mains exam is of 160 minutes for 200 Marks and consists 190 questions.
Mains exams rewards 1 mark for every correct answer and deducts 0.25 marks for every incorrect answer.

IBPS PO Mains Exam Pattern 2024
S. No.Name of testNo. of QuestionsMax. MarksMedium of ExaminationTime Allotted
1Reasoning & Computer Aptitude
(Section A and Section B)
4560English & Hindi60 minutes
2English Language
(Section A and Section B)
3540English only40 minutes
3Data Analysis and Interpretation
(Section A and Section B)
3560English & Hindi45 minutes
4General, Economy/Banking Awareness4040English & Hindi35 minutes
Total155200 180 minutes
English Language (Letter Writing & Essay)0225English30 minutes
Total157225 3 hours 30 minutes

 

IBPS PO Syllabus

IBPS PO Prelims Syllabus 2024
Quantitative Ability SyllabusReasoning SyllabusEnglish Language Syllabus
SimplificationLogical ReasoningReading Comprehension
Profit & LossAlphanumeric SeriesCloze Test
Mixtures & AllegationsRanking/Direction/Alphabet TestPara jumbles
Simple Interest & Compound Interest & Surds & IndicesData SufficiencyWord Usage, Word-Swap
Work & TimeInequalitiesFill in the blanks
Time & DistanceSeating ArrangementError Detection, Error Spotting
Mensuration – Cylinder, Cone, SpherePuzzleParagraph Completion
Data InterpretationTabulationOne word Substitution 
Ratio & Proportion, PercentageSyllogismMiscellaneous
Number SystemsBlood Relations 
Sequence & SeriesInput-Output 
Permutation, Combination &ProbabilityCoding-Decoding

l

IBPS PO Mains Exam Syllabus 2024
Quantitative Aptitude SyllabusGeneral Awareness SyllabusReasoning & Computer Aptitude SyllabusEnglish Language Syllabus
SimplificationFinancial AwarenessVerbal ReasoningInternetReading Comprehension
AverageCurrent AffairsSyllogismMemoryVocabulary
PercentageGeneral KnowledgeCircular Seating ArrangementKeyboard ShortcutsGrammar
Mixture and AllegationsStatic AwarenessCode InequalitiesComputer AbbreviationOne word Substitution
Ratio and Percentage

 

 

 

 

 

 

 

 

 

 

 

 

Linear Seating ArrangementMicrosoft OfficeVerbal Ability
Data InterpretationDouble LineupComputer Hardware 
Mensuration and GeometrySchedulingComputer Software
Quadratic EquationInput-OutputOperating System
InterestBlood RelationsNetworking
Problems of AgesDirections and DistancesComputer Fundamentals /Terminologies
Profit and LossOrdering and Ranking 
Number SeriesData Sufficiency 
Speed, Distance and TimeCoding and Decoding
Time and Work 
Number System
Data Sufficiency
Linear Equation
Permutation and Combination
Probability

 

IBPS PO Cut off

There are many factors which would affect the IBPS PO Cut Off . The most important factors which would affect the IBPS PO Cut Off will include:

  • Candidates’ performance in the exam
  • Number of applicants
  • Number of vacancies
  • Previous years’ cutoff trend.

Prelims

2019

2020

2021

2022

2023

Cut-off

59.75

58.75

50.5

49.75

54.25

Mains

2019

2020

2021

2022

2023

Cut-off

71.25

83.50

80.75

71.25

76

“The CASME training methodology is designed to equip candidates with the essential skills and knowledge required to excel in competitive exams like the IBPS PO (Institute of Banking Personnel Selection Probationary Officer) and other similar assessments such as SBI PO (State Bank of India Probationary Officer) and RBI Grade B (Reserve Bank of India Grade B). Our approach emphasizes concept clarity, enabling participants to grasp complex topics effectively. We focus on enhancing accuracy and speed through rigorous practice and mock tests, while also fostering mental toughness to handle the pressures of competitive examinations. Additionally, we provide comprehensive study materials and personalized feedback, ensuring that each candidate can maximize their potential and achieve their career goals in the banking sector.”

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