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IBPS PO 2020 Notification Out

IBPS PO Application Fee

The category wise fee structure for IBPS PO online application is given below. Fee/Intimation charges once paid will NOT be refunded on any account nor can it be held in reserve for any other examination or selection. The application fee must be paid online. To know more check the complete guide for IBPS PO Application

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 2020 Vacancy

More than 20 lakh aspirants appear for the IBPS Bank PO examination every year. IBPS has introduced 1417 vacancies for IBPS PO 2020-21 Exam along with its official notification. Last year, the total number of vacancies was 4336.

Available Posts for IBPS PO 2020-21: 1417

Available Posts for IBPS PO 2019-20: 4336

Available Posts for IBPS PO 2018-19: 4252

Names of Vacant Positions: Probationary Officers/Management Trainee (PO/MT)

Let's have a look at the Vacancy of IBPO PO 2020 Exam(Bank-wise & Category-wise):

ibps-po-vacancy

IBPS PO Recruitment 2020

Probationary Officers (PO) and Management Trainees (MT) are recruited every year through a Common Written Examination (CWE), commonly known as the IBPS PO exam. The CWE was started in 2011 and is being conducted for the 10th time this year and hence is officially called IBPS PO /MT CWE X 2020. The IBPS PO selection process consists of 3 phases (preliminary, mains, and interview) and the candidate must qualify each of them to proceed to the next phase. Mentioned below are the important steps of the IBPS PO Recruitment Process:

•Online Preliminary Examination:

An adequate number of candidates in each category are shortlisted by IBPS depending upon requirements for Online Main Examination

•Online Mains Examination:

Candidates must qualify the sectional as well as an overall cutoff in the main exam to be eligible for an interview.

•Interview:

The interview will be conducted by the Participating Organizations and coordinated by the Nodal Bank in each State/ UT with the help of IBPS

•Final Result:

The Final result is declared on the basis of candidates combined performance in IBPS PO Mains and Interview Rounds.

•Provisional Allotment:

The provisional allotment of the qualified candidate is released on the official website. The IBPS Banks are allotted based on candidates' preferences which are made at the time of online application.

IBPS plays its part in the selection process only until the provisional allotment to different banks. After that, the responsibility to intimate the qualified candidates about their joining dates and procedures lies with the respective banks.

Public Sector Banking has become an illustrious career option in current times as it comes with the promise of attractive salary, perks, job security, fast growth, and good work-life balance. The government of India had set up Personnel Selection Services (PSS) in 1975 for the recruitment of probationary officers and clerks to all public-sector banks. PSS was later changed to the Institute of Banking Personnel Selection (IBPS) in 1984 as per the mandate of Reserve Bank of India (RBI).

IBPS PO Exam Pattern

IBPS introduced separate sectional timing for each sections in preliminary exam. The IBPS PO exam (CWE 10) for hiring candidates will be based on an online written exam in two parts: Tier 1 or IBPS Preliminary Exam and Tier 2 or IBPS Mains Exam. This examination is followed by a face-to-face interview process.

IBPS PO Prelims Exam Pattern

The IBPS PO preliminary examination has a total duration of 1 hour and 20 minutes for each section, which will be conducted in online mode. It consists of 3 sections with a total of 100 questions and a maximum score of 100 marks. There is negative marking in the IBPS PO pre-exam and 0.25 marks are deducted for each wrong answer. Candidates must clear the cut-off in all 3 sections to qualify for the IBPS PO Main exam. The section-wise details are given below:

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

Candidates have to qualify in each of the three tests by securing minimum cut-off marks to be decided by IBPS. An adequate number of candidates in each category as decided by IBPS depending upon requirements will be shortlisted for Online Main Examination.

IBPS PO Mains Exam Pattern

The IBPO PO Main exam is also conducted online, it has 5(4+1) sections with a total score of 200+25 marks and a total duration of 180+30 minutes. IBPS will be conducting a descriptive paper in its mains exam for the selection of candidates to the post of Probationary Officer. The sections must be attempted in the same order and the allotted time as mandated at the time of the exam. A candidate has to clear both preliminary and mains examination to be eligible for the interview process.

S.No. Name of Tests(Objective No. of Questions Maximum Marks Duration
1 Reasoning & Computer Aptitude 45 60 60 minutes
2 English Language 35 40 40 minutes
3 Data Analysis & Interpretation 35 60 45 minutes
4 General Economy & Banking Awareness 40 40 35 minutes
Total 155 200 3 Hours
5 English Language (Letter Writing & Essay) 2 25 30 minutes

IBPS PO Interview

The candidates who have qualified the mains exam are called for a face to face interview which carries a maximum of 100 marks. The minimum qualifying marks in the interview is 40% (35% for SC/ST/OBC/PWD candidates).

The interview round is generally 15-20 minutes long, where a panel of bank officials ask questions to the candidates about themselves, banking sector, current affairs, general awareness, etc. The candidates must be well dressed, confident, and carry all required documents to the interview.

The final merit list is prepared on the basis of marks obtained in mains examination and interview. The final score is calculated by IBPS with the weightage of marks given to the main examination and interview in the ratio of 80:20 respectively.

Penalty for Wrong Answers:

There is a penalty for wrong answers marked in the Objective Tests of both Preliminary and Mains exams. A wrong answer to an objective question by the candidate will lead to a penalty of one fourth of the marks assigned to that question. For example, 0.25 marks will be deducted as penalty for wrong answer to a question that carries 1 mark. There will be no penalty for leaving a question blank, i.e. if no answer is marked by the candidate.

Final Score Calculation for IBPS PO Exam:

The final score for the IBPS PO exam is calculated keeping the following points in mind:

• Marks obtained in the Preliminary Exam (Tier-1) will not be considered in the final score and are only for qualifying to Mains Exam (Tier-2).

• Candidates must qualify Phase-2 and Interview separately to be eligible for final merit.

• The weightage (ratio) of CWE Main exam and interview for final merit list will be 80:20 respectively.

• The aggregate score out of 100 is used for the final merit list for each category.Candidates with top merit rank in each category are finally selected.

IBPS PO 2020 Admit Card & Call Letter

Candidates must download the IBPS PO 2020 admit card from the official website of the bank as the hard copy of the IBPS PO Admit Card will not be sent to the candidate via post. To login on the official website, the candidates will require the following:

• Registration No/Roll No

• Date of Birth/ Password

The admit card will be made available 10 to 15 days before the IBPS PO 2020 Exam. The admit card or call letter for IBPS PO 2020 will be issued in 3 phases:

• Online Preliminary Examination

• Online Mains Examination

• Interview

IBPS PO 2020 Result

IBPS will release the results after completion of each Phase of Examination. The Final Merit state wise and category wise list shall be prepared in descending order of the marks secured by the candidates in the Online Main Examination and interview. Candidates who fall within the number of vacancies in the merit list shall be considered for appointment subject to Medical Fitness.