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IBPS PO : Apply Online For 4455 PO (CRP-XIV PO/MT) Vacancies.

IBPS PO 2024
IBPS PO 2024

The Institute of Banking Personnel Selection (IBPS) has officially released the IBPS PO Notification 2024 (CRP-XIV PO/MT) for the financial year 2025-26. This notification, published on 1st August 2024 on the official IBPS website www.ibps.in, announces the recruitment of Probationary Officers/Management Trainees in various public sector banks across India. The notification details a total of 4455 vacancies available for aspiring candidates.

IBPS, renowned for its standardized selection processes in the banking sector, has provided comprehensive information regarding eligibility criteria, application procedure, examination dates, and syllabus in the detailed notification PDF. The document serves as a crucial resource for candidates looking to pursue a career in banking, offering insights into the recruitment process and guidelines for successful application.

IBPS PO Notification 2024 (CRP-XIV PO/MT) Overview

  • Common Recruitment Process (CRP): Conducted annually since 2011, currently in its 14th iteration as IBPS PO / MT CRP XIV 2024.
  • Objective: Recruitment of Probationary Officers (PO) and Management Trainees (MT) in public sector banks across India.
Attribute Summary
Organization Institute of Banking Personnel Selection (IBPS)
Post Name Probationary Officer (PO)
No. of Vacancies 4455
Registration Dates 1 Aug. to 21 August 2024
Education Qualification Graduate
Age Limit 20 – 30 years
Salary ₹ 36000/- + Allowances
Official Website www.ibps.in

Additional Information:

  • Detailed notification for CRP-XIV PO/MT 2024 has been released.
  • Three-stage recruitment process: Preliminary exam, Main exam, and Interview.
  • Eligible candidates can apply online within the specified dates.
  • For comprehensive details, candidates should refer to the IBPS PO 2024 Notification PDF available on the official website.

IBPS PO 2024 Important Dates

Activity Tentative Dates
Online registration including Edit/Modification of Application by candidates 01.08.2024 to 21.08.2024
Payment of Application Fees/Intimation Charges (Online) 01.08.2024 to 21.08.2024
Conduct of Pre-Examination Training (PET) September, 2024
Download of call letters for Online examination – Preliminary October, 2024
Online Examination – Preliminary October, 2024
Result of Online examination – Preliminary October/November, 2024
Download of Call letter for Online examination – Main November, 2024
Online Examination – Main November, 2024
Declaration of Result- Main Examination December 2024/January 2025
Conduct of Interview January/February 2025
Provisional Allotment April, 2025

These dates provide a clear overview of the timeline for various activities related to the IBPS PO examination in 2024.

IBPS PO Application Fee & Intimation Charges 

S. No. Categories Application Fee
1 SC/ST/PWD Rs. 175/- (Intimation Charges only)
2 General and Others Rs. 850/- (Application Fee including Intimation Charges)
  • SC/ST/PWD: Rs. 175/- (Only Intimation Charges)
  • General and Others: Rs. 850/- (Application Fee including Intimation Charges)

Note: The application fee must be paid online and once paid, it is non-refundable and cannot be reserved for any other examination or selection.

IBPS PO 2024 Eligibility Criteria

  • Educational Qualification: Candidates must have a Graduation Degree from a recognized university. Computer literacy is also required.

  • Nationality: Candidates must be Indian citizens, or citizens of Nepal, Bhutan, Tibetan refugees, or PIOs who have migrated with the intention of permanent settlement.

  • Age Limit: Applicants should be between 20 to 30 years old as of 1st August 2024. Age relaxation is applicable for certain categories:

    • SC/ST: 5 years
    • OBC (Non-Creamy Layer): 3 years
    • PWD: 10 years
    • Ex-servicemen: 5 years
    • Widows/Divorced Women: 9 years
    • J&K Domicile (1980-1989): 5 years
    • 1984 Riot Affected: 5 years
    • Union Carbide Factory, Bhopal Employees: 5 years (MP Only)

This criteria ensures candidates meet educational standards, computer proficiency, and age requirements to apply for the IBPS PO 2024 exam.

IBPS PO Category wise Vacancy 2024

Participating Banks SC ST OBC EWS General Total
Bank of Maharashtra NR NR NR NR NR NR
Bank of Baroda 132 66 238 88 361 885
Bank of India NR NR NR NR NR NR
Canara Bank 90 45 160 75 380 750
Central Bank of India 300 150 540 200 810 2000
Indian Bank NR NR NR NR NR NR
Indian Overseas Bank 42 22 84 22 90 260
Punjab National Bank 30 15 54 20 81 200
Punjab & Sind Bank 63 34 109 30 124 360
UCO Bank NR NR NR NR NR NR
Union Bank of India NR NR NR NR NR NR
Total 657 332 1185 435 1846 4455
  • NR indicates that specific numbers are not reported yet and will be updated.

IBPS PO Exam Dates 2024

  • Preliminary Exam: 19th, 20th October 2024
  • Mains Exam: 30th November 2024

Selection Process:

  1. Online Preliminary Examination:

    • Candidates are shortlisted based on category-specific cutoffs for the Online Main Examination.
  2. Online Main Examination:

    • Candidates must qualify sectional and overall cutoffs to progress to the interview stage.
  3. Interview:

    • Conducted by Participating Organizations with coordination from IBPS.
  4. Final Result:

    • Based on combined performance in IBPS PO Mains and Interview rounds.
  5. Provisional Allotment:

    • Qualified candidates are allotted banks based on their preferences provided during the application process.

Post-Selection Process:

  • Responsibility: After provisional allotment, respective banks inform candidates about joining procedures and dates.

Benefits of Public Sector Banking Careers:

  • Attractions: Attractive salary, perks, job security, rapid career growth, and balanced work-life.
  • Origins: Established as Personnel Selection Services (PSS) in 1975, renamed as Institute of Banking Personnel Selection (IBPS) in 1984 under RBI mandate.

Participating Banks in IBPS PO Recruitment 2024

  • Punjab National Bank
  • Union Bank of India
  • Bank of India
  • Indian Bank
  • Canara Bank
  • Indian Overseas Bank
  • Central Bank of India
  • UCO Bank
  • Bank of Baroda
  • Punjab & Sind Bank
  • Bank of Maharashtra

IBPS PO Exam Pattern 2024

IBPS PO 2024 Prelims Exam Pattern 

  • Mode: Online
  • Duration: 60 minutes
  • Sections: 3 (English Language, Numerical Ability, Reasoning Ability)
  • Total Questions: 100
  • Maximum Marks: 100
  • Negative Marking: 0.25 marks deducted for each wrong answer
  • Sectional Timing: 20 minutes per section
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
  • Candidates must clear the cutoff in each section to qualify for IBPS PO Main Exam.

IBPS PO 2024 Mains Exam Pattern 

  • Mode: Online
  • Duration: 3 hours (Objective Tests) + 30 minutes (Descriptive Test)
  • Sections: 5 (Reasoning & Computer Aptitude, English Language, Data Analysis & Interpretation, General Economy & Banking Awareness, English Language – Letter Writing & Essay)
  • Total Questions: 155 (Objective) + 2 (Descriptive)
  • Maximum Marks: 225 (200 for Objective + 25 for Descriptive)
  • Negative Marking: 0.25 marks deducted for each wrong answer in Objective Tests
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 (Objective) 155 200 3 hours
5 English Language (Letter Writing & Essay) 2 25 30 minutes
  • Penalty for Wrong Answers: 0.25 marks deducted for each wrong answer in Objective Tests.
  • Candidates need to clear both Preliminary and Mains exams to qualify for the interview phase.

This structured exam pattern outlines the comprehensive selection process for IBPS PO 2024, ensuring candidates are well-prepared for each stage of the examination.

IBPS PO Interview Process:

  1. Qualification for Interview: Candidates who qualify the IBPS PO Main Exam are called for the interview round. The marks obtained in the Preliminary Exam (Tier-1) are not considered in the final score but are crucial for qualifying for the Main Exam.

  2. Interview Details:

    • Duration: The interview typically lasts for 15-20 minutes.
    • Panel: A panel of bank officials asks questions related to the candidate’s background, banking sector knowledge, current affairs, general awareness, etc.
    • Dress Code and Preparation: Candidates are expected to be well-dressed, confident, and carry all required documents. Preparation should include revising current affairs, banking and financial awareness, and practicing mock interviews.
  3. Scoring and Qualification:

    • The interview is scored out of a maximum of 100 marks.
    • Candidates need to score a minimum of 40% (35% for SC/ST/OBC/PWD candidates) to qualify the interview.

Final Merit List Calculation:

  1. Weightage:

    • The IBPS PO Main Exam and Interview are weighted in the ratio of 80:20 respectively for the final merit list calculation.
  2. Calculation:

    • Final Score = (Marks obtained in Main Exam * 0.8) + (Marks obtained in Interview * 0.2)
  3. Preparation of Merit List:

    • The final scores are calculated for each candidate based on the above formula.
    • Candidates with the highest scores in each category (General, SC, ST, OBC, PWD) are placed in the final merit list.
    • The merit list determines the selection of candidates for appointment as Probationary Officers in participating banks.

IBPS PO Salary in 2024

Component Amount (Rs.)
Basic Pay 36,000
Special Allowance 5,904
Dearness Allowance (DA) 8,593.20
CCA (City Compensatory Allowance) 1,400
Learning Allowance 600
DA Others 1,552.50
Housing Rent Allowance (HRA) 3,240
Gross Salary 57,289.70
Deductions (Tax & NPS) 4,659.32
Net Salary 52,630.38

Additional Perks and Benefits:

  • House Rent Allowance (HRA): 7%-9% of Basic Pay
  • Dearness Allowance (DA): 23.87% of Basic Pay
  • City Compensatory Allowance (CCA): 3% or 4% depending on the location
  • Special Allowance (SA): 7.75% of Basic Pay

Other Benefits:

  • Learning Allowance, Traveling Allowance, Newspaper Reimbursement, Medical Aid, and Benefits under New Pension Scheme (NPS).

Promotional Policy: IBPS PO Promotion

The career growth for an IBPS Probationary Officer (PO) is indeed quite promising and structured. Here’s a breakdown of the typical progression and positions that can be attained based on performance, experience, and qualifications:

  1. Middle Manager – Middle Management Grade Scale 2 (MMGS 2): This is typically the first promotion from the entry-level PO position.

  2. Senior Manager – Middle Management Grade Scale 3 (MMGS 3): Further progression to a higher managerial role.

  3. Chief Manager – Senior Management Grade Scale 4 (SMGS 4): A senior managerial position with increased responsibilities.

  4. Assistant General Manager – Senior Management Grade Scale 5 (SMGS 5): This role involves significant leadership responsibilities and decision-making.

  5. Deputy General Manager – Top Management Grade Scale 6 (TMGS 6): A position in top-level management overseeing departments or multiple branches.

  6. General Manager – Top Management Grade Scale 7 (TMGS 7): At this level, the individual would have substantial authority and influence within the bank.

  7. Executive Director: This is a top executive position usually involved in strategic decision-making and policy formulation.

  8. Chairman and Managing Director: The highest position within the bank, responsible for overall management and governance.

To progress through these levels, IBPS POs typically need to clear internal promotional exams and meet specific performance criteria. The career path offers opportunities for both horizontal and vertical growth, allowing individuals to specialize in various domains such as operations, finance, human resources, etc.

Each promotion generally comes with increased responsibilities, perks, and benefits, making it an attractive career choice for those looking to grow within the banking sector.

Job Profile:

  • Involves training in various banking operations during the probation period.
  • Responsibilities include customer service, branch management, business development, and transaction oversight.

Important Links

How To Apply Online For IBPS PO 2024 (CRP-XIV PO/MT)

Candidates interested in applying for the IBPS PO 2024 (CRP-XIV PO/MT) recruitment can follow these detailed steps to submit their applications online:

  1. Visit the Official Website: Navigate to the authorized IBPS website www.ibps.in and click on the “CRP PO/MT” link on the Home Page.

  2. Open Online Application Form: Click on the option “CLICK HERE TO APPLY ONLINE FOR CRP- PROBATIONARY OFFICERS/MANAGEMENT TRAINEES (CRP-PO/MT-XIV)” to access the Online Application Form.

  3. Registration: For new applicants, click on “CLICK HERE FOR NEW REGISTRATION” and enter basic details in the online application form. Upon submission, a provisional registration number and password will be generated and displayed on the screen. An Email & SMS containing these details will also be sent.

  4. Upload Documents: Candidates are required to upload the following documents as per specified guidelines:

    • Photograph
    • Signature
    • Left thumb impression
    • Handwritten declaration
    • Certificate (if applicable)
  5. Capture Live Photograph: During registration, candidates must capture and upload their live photograph using a webcam or mobile phone, following the specified guidelines.

  6. Verify and Modify Application: Before final submission, candidates should use the “SAVE AND NEXT” facility to verify the details entered in the application form. No changes can be made after clicking on the “COMPLETE REGISTRATION” button.

  7. Mode of Payment: Payment of application fees/ intimation charges must be made online only. Candidates can use Debit Cards (RuPay/Visa/MasterCard/Maestro), Credit Cards, Internet Banking, IMPS, Cash Cards/Mobile Wallets/UPI for payment.

  8. Completion of Application: After successful payment, an e-receipt will be generated. Candidates should take a printout of the e-receipt and the online application form containing fee payment details for future reference.

  9. Final Submission: Ensure all details in the application form are accurate before final submission. Once submitted, no changes can be made.

  10. Acknowledgement: Upon successful registration, candidates will receive an email/SMS with the Registration Number and Password. If not received, the application may not have been successfully registered.

  11. Important Notes: Candidates are advised to fill the online application carefully as no modifications will be allowed after submission. Any incomplete application or failure in fee payment will lead to rejection. It’s recommended to apply well before the closing date to avoid any technical issues.

  12. Validity: The information provided in the online application form is binding, and any false information may lead to consequences.

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