How to Get Bank Jobs in India: Eligibility and Exams

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How to Get Bank Jobs in INDIA          %. In this article, we will discuss how to land bank positions in India with an emphasis on qualification and tests.  India

Co-authored by Parinita Gupta

Banking is one of the most chosen career sectors in India. The demand for banking is taking up this career even higher as banks had become the backbone of the Indian economy. There is a rapid growth in the banking sector and this has paved many banking career opportunities. There are 27 public sectors and 25 Private sector banks in India. Huge demand had created and there are many vacancies in both the public and private sector banks in India. After having a huge demand, still, students struggle to settle in the banking sector, as most of the aspirants don’t know where to start and how to start and what are the main eligibility criteria to apply?How to Get Bank Jobs in India

Table of Contents

Basic Eligibility Criteria for Bank Jobs in India

Bank occupations have a colossal frenzy among the young in India, and particularly the positions with the Government (or Public Sector) Banks like SBI, Allahabad Bank, Punjab National Bank, and so on The frenzy is quite like other public area occupations like Railway Jobs in India. The Bank Probationary official's work in a Public area unit is viewed as one of the most appealing positions as far as occupation solidness, compensation, and different advantages. Indeed, even the financial positions in the private area are incredible as far as compensations and vocation development. All things considered, the Banking area is one of the quickest developing areas in India. Bank stores have developed at a somewhat fast accumulated yearly development pace of 12%, to $1.54 trillion, from 2006 to 2017. The credit development, in 2017-18, is likewise expected to be at 7-8%. In this article, we will discuss how to land bank positions in India with an emphasis on qualification and tests. 

The most importantly factor that is considered during the enlistment cycle is graduation. The competitor should need to finish their graduation in any discipline with great percentile. For saved classification hopefuls (SC/ST/PWD or some other such class) at least 55% of imprints is required.

There are mainly two positions for a graduate

  1. Administrative – Clerical posts work incorporate the positions like an assistant, agent cum-clerk, typist, steno, horticultural representatives, information section administrators, and phone administrators 

  2. PO – Probationary official post-As the name shows the chose up-and-comers will be under probation i.e the exhibition of the understudy will be dissected during the applicants' preparation time frame and afterward will be employed.
  3. Eligibility Criteria to become a clerk

    • The applicant should be a resident of India. 

    • Assuming the applicant needs to apply for the administrative post, he/she should be an alumni and +2 with 60% or more stamps. 

    • In certain banks, the base required capability can be 10 + 2, and the most extreme age limit for the contender for applying the 25 or under 25. However, in such cases, a recognition degree competitors with superb viable information will be employed. 

    • The up-and-comer should be between the age gathering of 18-28 years and unwinding age limit for SC/ST/OBC/PH or some other saved classification. 

    • In Public Sector banks, Rs 140,000/ - is the normal compensation for passage level assistants per annu

    Eligibility Criteria to become a PO

    • The contender ought to be an occupant of India. 

    • For the post of the post preliminary specialist, the contender's age should be somewhere near 21 years and breaking point of 30 years. 

    • The contender ought to have a long term school instruction from an apparent school with 55 % – 60 % marks absolute. 

    • The contender ought to have extraordinary data on PCs and especially MS Office. 

    • In Public Sector banks, Rs. 200,000/ - is the typical remuneration got by a PO for every annum. Bank POs can make close to INR 50,000/ - far reaching of various settlements. 

    • By and large, In a public area bank, graduates, and postgraduates are chosen through a placement test, while the greater part of the private and Foreign recruit the expert applicants like specialists, legal counselors, MBA's and CFA's and so on
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      How to Get a Govt Bank Job in India

      To get a govt bank job, Aspirants have to crack the exams conducted by the various institutions in India. There are four Institutes which give you an opportunity to get a govt bank job:

      • The Institute of Banking Personnel Selection (IBPS)
      • The State Bank OF India (SBI)
      • Reserve Bank of India (RBI)
      • National Bank For Agriculture And Rural Development (NABARD)

      1. Institute of Banking Personnel Selection (IBPS)

      The Institute of Banking Personnel Selection usually known as IBPS – Millions of applicants show up for this test for different occupation jobs. Most extreme number of banks like Allahabad Bank, Indian Bank, Central Bank of India, United Bank of India, Syndicate Bank, Indian Overseas Bank, Andhra Bank, Dena Bank, Oriental Bank of Commerce, Vijaya Bank, Bank of Maharashtra, Canara Bank, Union Bank of India, Punjab test National Bank, UCO Bank, Corporation Bank, Bank of India, Punjab and Sind Bank, ECGC, Bank of Baroda and IDBI BANK, and so on recruit the competitors by considering the positions and scores got by the understudy in this test.

    • IBPS is a typical test which is utilized to enlist the work jobs like PO, Clerical Cadre, Group A (Scale – I, II and III) and Group B Assistants for Regional Rural Banks (RRBs), Specialist Officers in government banks.

       Attempt 2000+ Tests for Banking, IBPS and other Govt. exams in 2020-21

      2. State Bank OF India (SBI)

      The State Bank of India leads an assessment to fill posts in SBI bank and its Associate Banks like The State Bank of Hyderabad, State Bank of Travancore, State Bank of Patiala, State Bank of Bikaner and Jaipur, State Bank of Mysore, and some more. 


      There are two sorts of SBI tests for Clerk and a PO post.3. Reserve Bank of India (RBI)

      Reserve bank of India conducts an exam to select the candidates for RBI GRADE B OFFICERs. It is one of the most prestigious job roles in India where millions of aspirants attend the exam to join in RBI.

      4. National Bank For Agriculture And Rural Development (NABARD)

      NABARD initiates Grade An and Grade B Officer i.e Assistant Manager and Manager jobs to carry out the opening the whole way across India. NASCAR fundamentally manages country keeps money with a moto of fostering the rustic regions

    • IBPS PO 2021 Exam Pattern

       IBPS has delivered another test design for IBPS PO 2020-21 Exam. Presently IBPS presented separate sectional planning for each part in the fundamental test. IBPS PO 2020 Exam will be directed in three stages: Preliminary Exam, Mains Exam, and Interview Process. It is obligatory for a contender to get each level free from assessment to get chosen to the post of Probationary Officer in numerous Public Sector Banks.

    • IBPS PO Exam Dates 2020 – 2021

    • am Dates 2020 – 2021

      IBPS Exam Dates 2020 - 2021


IBPS PO Preliminary Exam Pattern 2021

The IBPS PO preliminary examination is conducted online and candidates are allocated total duration of 1 hour to complete the preliminary exam. It consists of 3 sections with a total of 100 questions and a maximum score of 100 marks. There is negative marking in IBPS PO preliminary exam and 0.25 marks are deducted for each wrong answer attempted by a candidate. It is necessary to clear the cut-off in all 3 sections to qualify for the IBPS PO Main exam.

IBPS PO Preliminary Exam Pattern 2018
Source: www.careerpower.in

IBPS PO Mains Exam Pattern 2021

IBPS PO Mains Exam has encountered quite a number of changes. Let’s have a look at all these changes in detail.

• Introduction of Descriptive Paper: Just like SBI PO 2018 Exam, IBPS introduced Descriptive Paper in its Mains Examination where candidates will be judged on their written skills. An essay and a letter will be given to candidates to write that will constitute 25 marks and that has to be completed in a time span of 30 minutes.

• The overall time allotted for each section has also been changed.

• No separate paper will be conducted for Computer Applications. The Reasoning section is teamed up with the Computer Aptitude section and this entire section will contain 45 questions of a total of 60 marks.

• The overall time allotted for IBPS PO 2018 Mains Exam has also been changed from 140 minutes to 180 minutes.

IBPS PO Mains Exam Pattern 2018
Source: www.careerpower.in

IBPS PO Syllabus 2021

To ace the IBPS PO exam, it is really necessary to know the detailed IBPS PO Syllabus. The syllabus is a bit different for IBPS PO 2020 Preliminary Exam and IBPS PO 2020 Mains Exam. Let’s have a look at the syllabus of both these phases of IBPS PO 2020 Exam:

IBPS PO Preliminary Exam Syllabus

IBPS PO Preliminary Exam is the primary selection round of IBPS PO 2020 Exam. Candidates who clear the preliminary exam are eligible to appear for the mains exam. The Preliminary Exam of IBPS PO 2018 comprises of three major sections: Reasoning, Quantitative Aptitude, and English Language.

IBPS PO Mains Exam Syllabus

The mains exam is the important phase of IBPS PO 2020 Exam. Maximum weightage is given to score obtained by a candidate in IBPS PO Mains Exam in the final selection to the post of Probationary Officer. The Mains Examination of IBPS PO exam 2020 consists of 4 + 1 sections: Reasoning & Computer Aptitude, English Language, Quantitative, Aptitude & General Awareness. Just like SBI PO 2020, IBPS has introduced a descriptive paper in its mains exam for the selection of candidates to the post of the PO.

The syllabus for IBPS PO 2021 is given below:

 

  • Reasoning Section: Analogy, Odd Man Out, Syllogism, Coding-Decoding, Blood relations, Direction Sense, Sitting arrangement, Figure Series, Puzzles, etc
  • Quantitative Aptitude: Ratio & Proportion. Profit and loss, Simple interest, Mensuration, Permutation and Combination, Probability, Percentage, etc
  • English Language: Fill in the blanks, Cloze Test, Idioms & Phrases, Synonyms and Antonyms, One Word Substitution, Comprehensions, etc
  • General Awareness: International Economy, Indian Economy, Awards & Honors, Sports, Budget, Agriculture, Current Affairs, Finance, Shares, etc
  • Computer Knowledge: History of computers, MS Office, Operating Systems, Number System, Software & Hardware, etc


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