Bank Probationary Officer (Bank PO): This is a managerial
position in a bank. After the essential 1 to 2-year training, candidates are designated
as Assistant Managers (AM) or Deputy Managers (DM). Starting Salary as a Bank PO
ranges from Rs. 30,000 - Rs. 40,000, depending upon bank to bank and location of
posting.
Special Batches for IBPS PO 2015-16
To work as a manager in the banking industry, the first stepping stone is becoming
a Probationary Officer (PO). A PO starts as a trainee officer in the Junior Management
Grade Scale (JMGS) of the bank and can rise to the highest levels, becoming a General
Manager, an Executive Director or even the Chairman of the Bank.
Various nationalized and Private banks conduct their own PO exams to recruit candidates.
While different banks may have their own eligibility and selection criteria, the
broad prescribed format is as listed below.
PSBs – CWE PO/MT-V and CWE CLERK-V
The Common Written Examination, conducted by the IBPS (Institute of Banking Personnel
selection), is one of the most important exams for those who seek a career in banks
in India. The CWE is the first step in the recruitment process for Management Trainees,
Bank Probationary Officers, Specialist officers and Clerks for 19 Public Sector
banks and Regional Rural banks. The participating banks (in the CWE) include premier
banks like Bank of Baroda, Corporation Bank, Union Bank of India, etc..
It has been decided by the competent authority to hold two-tier examinations for
recruitment of PO/MT and Clerks from CWE-V onwards i.e(TIER I and TIER II). All
the candidates who successfully register themselves under CWE PO/MT-V and CWE CLERK-V
will be called for Preliminary Examinations. Based on the performance in the preliminary
examination, certain number of candidates will be shortlisted for each of these
examinations. The short listed candidates will then be called for Main Examinations.
There will be fewer number of questions in the Preliminary Examination with shorter
duration. The details with regard to both the Preliminary and Main examinations
will be made available on IBPS website through the detailed notifications in due
course.
The marks obtained in the Preliminary examination will not be considered for preparing
the final merit list and the marks obtained in the Main Examination will only be
considered for short listing for interview.
Process of Registration
The registration process will be through online mode only and there will be a single
registration for both Preliminary and Main examination, wherever applicable. Mode
of Payment Mode of payment of fees/intimation charges will be only online and the
channels for online.
Eligibility
Any graduate within the age group of 21 to 30 years is eligible for the CWE. For
candidates from reserved categories, relaxation in the upper age limit is available.
Written Test Pattern
This 2-hour test consists of 200 questions (1 mark per question, 1/4th negative
marking for wrong answers) – 50 from Reasoning, 50 from Quantitative Aptitude,
40 from English Language, 40 from General Awareness and 20 from Computer Knowledge.
Selection Process
All candidates who aspire for bank PO posts need to appear for the CWE (PO/MT) and
secure the minimum qualifying marks (or higher) in order to get their scorecards.
After getting their scorecards, candidates must apply to the various banks that
they are interested in. Each bank may then conduct further selection processes,
such as Group Discussion, Interviews, etc., separately.