IBPS PO 2024 Vacancy Exam Summary
IBPS PO 2024- Exam Summary | |
Organisation | Institute of Banking Personnel Selection (IBPS) |
Post Name | Probationary Officer |
Vacancy | 4455 |
Participating Banks | 11 |
Application Mode | Online |
IBPS PO Registration 2024 | 1st to 21st August 2024 |
Exam Mode | Online |
Recruitment Process | Prelims- Mains- Interview |
Education Qualification | Graduate |
Age Limit | 20 years to 30 years |
Salary | Rs. 52,000 to 55,000 |
Official website | www.ibps.in |
IBPS PO 2024 Important Dates
IBPS PO 2024 Important Dates | |
Events | Dates |
IBPS PO Notification 2024 | 1st August 2024 |
Online Registration Process Starts | 1st August 2024 |
Online Registration Process Ends | 21st August 2024 |
Last Date to Pay Application Fee | 21st August 2024 |
IBPS PO Pre-Exam Training | September 2024 |
IBPS PO 2024 Preliminary Exam Date | 19th, 20th October 2024 |
IBPS PO Mains Exam Date 2024 | 30th 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
- Bank of Baroda
- Canara Bank
- Indian Overseas Bank
- UCO Bank
- Bank of India
- Central Bank of India
- Punjab National Bank
- Union Bank of India
- Bank of Maharashtra
- Indian Bank
- Punjab & Sind Bank
IBPS PO 2024 Salary Structure
IBPS Bank PO Salary Structure in India | |
Basic pay | INR 36,000 |
DA | 23.87% of the Basic Pay (Varies based on inflation rates) (INR 8593 for basic pay of INR 36,000) |
HRA | 7%-9% of the basic pay (For Eg: 3240 for the basic pay of INR 36,000) |
City Compensatory Allowance (CCA)/LOC A | 3% or 4%(depending on the place of posting) (For Eg: INR 1400) |
Special Allowance | 7.75% of the basic pay (INR 5904 for the basic pay of INR 36,000) |
DA others | Rs. 1552 |
Learning Allowance | Rs. 600 |
Prof Tax | Rs. 200 |
Cont to NPS | Rs. 4459 |
Gross Salary | Rs. 57,289 |
NET Salary after deduction of INR 4659 | Rs. 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) |
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.
- Citizen of India
- Subject of Nepal or Bhutan
- Tibetan refugees who came to India before 1st January 1962 with the intention of permanent settlement.
- 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.
- 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.
- 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.
- 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
- Candidates who possess Chartered Accountancy qualification are also eligible to apply.
- 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.
- 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. | Category | Age relaxation | |||||||||||||||||||||||||||||||||||||
1 | Scheduled Caste/Scheduled Tribe | 5 years | |||||||||||||||||||||||||||||||||||||
2 | Other Backward Classes (Non-Creamy Layer) | 3 years | |||||||||||||||||||||||||||||||||||||
3 | Persons With Benchmark Disabilities as defined under “The Rights of Persons with Disabilities Act, 2016” | 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 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 | |||||||||||||||||||||||||||||||||||||
5 | Persons affected by 1984 riots | 5 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(Objective | No. of Questions | Maximum Marks | Duration |
1 | English Language | 30 | 30 | 20 minutes |
2 | Numerical Ability | 35 | 35 | 20 minutes |
3 | Reasoning Ability | 35 | 35 | 20 minutes |
Total | 100 | 100 | 60 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 test | No. of Questions | Max. Marks | Medium of Examination | Time Allotted |
1 | Reasoning & Computer Aptitude (Section A and Section B) | 45 | 60 | English & Hindi | 60 minutes |
2 | English Language (Section A and Section B) | 35 | 40 | English only | 40 minutes |
3 | Data Analysis and Interpretation (Section A and Section B) | 35 | 60 | English & Hindi | 45 minutes |
4 | General, Economy/Banking Awareness | 40 | 40 | English & Hindi | 35 minutes |
Total | 155 | 200 | 180 minutes | ||
English Language (Letter Writing & Essay) | 02 | 25 | English | 30 minutes | |
Total | 157 | 225 | 3 hours 30 minutes |
IBPS PO Syllabus
IBPS PO Prelims Syllabus 2024 | ||
Quantitative Ability Syllabus | Reasoning Syllabus | English Language Syllabus |
Simplification | Logical Reasoning | Reading Comprehension |
Profit & Loss | Alphanumeric Series | Cloze Test |
Mixtures & Allegations | Ranking/Direction/Alphabet Test | Para jumbles |
Simple Interest & Compound Interest & Surds & Indices | Data Sufficiency | Word Usage, Word-Swap |
Work & Time | Inequalities | Fill in the blanks |
Time & Distance | Seating Arrangement | Error Detection, Error Spotting |
Mensuration – Cylinder, Cone, Sphere | Puzzle | Paragraph Completion |
Data Interpretation | Tabulation | One word Substitution |
Ratio & Proportion, Percentage | Syllogism | Miscellaneous |
Number Systems | Blood Relations | |
Sequence & Series | Input-Output | |
Permutation, Combination &Probability | Coding-Decoding |
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IBPS PO Mains Exam Syllabus 2024 | ||||
Quantitative Aptitude Syllabus | General Awareness Syllabus | Reasoning & Computer Aptitude Syllabus | English Language Syllabus | |
Simplification | Financial Awareness | Verbal Reasoning | Internet | Reading Comprehension |
Average | Current Affairs | Syllogism | Memory | Vocabulary |
Percentage | General Knowledge | Circular Seating Arrangement | Keyboard Shortcuts | Grammar |
Mixture and Allegations | Static Awareness | Code Inequalities | Computer Abbreviation | One word Substitution |
Ratio and Percentage |
| Linear Seating Arrangement | Microsoft Office | Verbal Ability |
Data Interpretation | Double Lineup | Computer Hardware | ||
Mensuration and Geometry | Scheduling | Computer Software | ||
Quadratic Equation | Input-Output | Operating System | ||
Interest | Blood Relations | Networking | ||
Problems of Ages | Directions and Distances | Computer Fundamentals /Terminologies | ||
Profit and Loss | Ordering and Ranking | |||
Number Series | Data Sufficiency | |||
Speed, Distance and Time | Coding 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.”