How to Join a Bank? Bank Exam Syllabus and Complete Details

Banking (IBPS PO, IBPS Clerk) is one of the most preferred job destination for the candidates who want a reputable and high- growth yielding career. It is the fastest growing sector as it plays a prominent role in the growth of any economy. India being a developing country, still has many parts where the Banking sector has not reached yet. And to make India a financially connected country, many banks and schemes have been launched to achieve Financial Inclusion. Thus, this sector holds a large potential for job aspirants. Therefore, several organizations like IBPS, RBI, NABARD, SBI (PO and Clerk) conduct bank exams every year to recruit the needed manpower.

To get a government job in a very less time, Joining a bank could be your choice. The less time is in the sense that all procedures from written to Interview are completed within a period of 6 months and one is ready to join a bank after that. The biggest advantage of preparing for Bank Exams is that you can opt for the field you professionalize in. This is because Banking Services are not only limited to handling cash and serving customers door to door anymore. You can join a bank at various levels and at various posts.

To know more, read our article on- Why should you join a Bank?



Levels where you can join a Bank

Bank Exam Syllabus, procedure, patter, How to applyBank Probationary Officer (Bank PO): This is an entry level position for an officer in a Bank. The work of a Bank PO is mostly related to managerial work. After clearing written and interview, candidates undergo an essential training for 1-2 years where they are put on probation. After the training, they are designated as Assistant Manager or Deputy Manager in the Bank. The Salary of a Bank PO ranges from 30,000 to 40,000 INR, based on the location and Bank.

Specialist Officers (SO): Candidates who are from other professional fields and want to join a Bank can work as a SO. SO is a post for specialists profiles such as – IT Officer, HR Officer, Marketing Officer, Finance Officer, Law Officer, Agriculture Officer etc. The wages and job profile of a SO is considered to be same as a Bank PO.

Bank Clerks: It is the entry level job in a Bank. To be a bank clerk, a candidate has to clear two objective type examinations (PRE and MAINS). In 2016, the government of India declared that Interview will not be held in Clerical job positions. Hence, it is a direct entry to the bank. The salary of a bank clerk ranges from 20,00030,000 INR, depending on the Bank and job location.

Attempt Online GK Exam for Banking and SSC CGL 2017

Main Participating Banks in Job Recruitment

Major Banks that recruit frequently are – State Bank of India, Reserve Bank of India, NABARD, SIDBI

Other PSU Banks such as :Allahabad Bank, Andhra Bank, Bank of India, Bank of Baroda, Bank of Maharashtra, Canara Bank, Central Bank of India, Corporation Bank, Dena Bank, Indian Bank, Indian Overseas Bank, Oriental Bank of Commerce, Punjab & Sindh Bank, Punjab National Bank, Syndicate Bank, UCO Bank, Union Bank of India, United Bank of India, Vijaya Bank, IDBI Bank and RRB’s conduct the recruitment in collaboration with IBPS. IBPS conducts exams for IBPS PO, IBPS Clerk, IBPS RRB, IBPS SO to fulfill the vacancies in the above-listed organisations on a large scale.

Related Post: Prepare for Bank Exam 2017




Bank Exams: Complete Details

RBI Grade B Exam: Reserve Bank of India recruit officers (Grade B) through an All India exam. The vacancies are very limited for this job. Hence, Candidates consider this as the toughest exam for an entry level. But, with good preparation of bank exams, one can clear it. RBI is considered the most prestigious organization to work with.

RBI Assistants Exam: RBI recruits Clerical Cadres through an All India exam. Again, a job in RBI is considered very prestigious.

IBPS PO: It is the largest banking exam conducted by Institute of Banking Personnel Selection (IBPS) for the recruitment of Probationary Officers in the 20 participating Public Sectors Banks of India.

IBPS Clerk: Next to IBPS PO is the IBPS Clerk exam conducted by Institute of Banking Personnel Selection (IBPS) for 20 PSU Banks for the recruitment of Clerical Cadres.

IBPS Specialist Officers (IBPS SO): Conducted by Institute of Banking Personnel Selection (IBPS)  for the recruitment of Specialist Officers like Marketing Officer, IT Officer, HR Officer etc in all the participating Public Sector Banks of India.

IBPS Regional Rural Bank Exam: Institute of Banking Personnel Selection (IBPS) conducts a common written exam for all the Regional Rural Banks of India (RRBs) for the posts of Probationary Officer, Clerical and Specialist Officers.

SBI Probationary Officer: Being one of the largest public sector banks of India, State Bank of India conducts its own exam for recruitment of Probationary Officers every year. This exam is considered as the trend setter for the IBPS PO exam. The pay and remuneration in SBI is slightly higher than other PSBs which attracts a lot of candidates towards it.

SBI Clerk: Similar to SBI PO exam, State Bank of India conducts its own exam for recruitment of Clerical Cadres. Now known as the Junior Associate post, this exam is also highly preferred by aspirants as it gives them the chance to enter the largest public sector bank of India.

Jobs Alert: Latest Bank Jobs 2017-Apply Now




Bank Exams Procedure

From applying to the joining in the bank, it is a three stage procedure (in most cases). First two being the two written exams (PRE and MAINS) that each individual has to go through. The third stage is the Interview. The Candidates who clear Pre and Mains exams have to appear for the Interview. RBI and SBI PO interview process also include a Group Discussion (GD) round followed by a Personal Interview (PI).

Note- According to the Central Government, the Clerical Cadre abstains from appearing in the Interview. Hence, it has only two written exams to be a clerk in any organisation.

The PRE exam is just an elimination round and hence it marks are not added in the final merit. Final merit list is prepared on the basis of marks in Mains and Interview (weight age: 80% Written Test & 20% Interview).

Important: Most Asked Question in an Interview

Bank Exams Pattern

Written tests in bank exams generally ask questions to test the General Aptitude of the candidates.

The Prelims Exam consists 100 questions are asked from three different sections – Quantitative Aptitude (35 Questions), Reasoning Ability (35 Questions), English Language (30). Except for RRB which has 75 Questions (English Section has been omitted from this exam).

While in the Mains exams, 200 questions are asked covering Quantitative Aptitude, Reasoning Ability, English Language, General Awareness and Basic Computer Knowledge.

Bank Exams Syllabus

Quantitative Aptitude

Number Systems, Ratio & Proportion, Percentage & Averages, Profit & Loss, Mixtures &Alligations, Simple Interest & Compound Interest, Surds & Indices, Time & Distance, Mensuration – Cylinder, Cone, Sphere, Sequence & Series, Permutation Combination & Probability, Quadratic Equations, Data Interpretation.

Reasoning Ability

Sitting Arrangements, Tabulation, Logical Reasoning, Syllogism, Input Output, Coding Decoding, Alphanumeric Series, Ranking / Direction / Alphabet Test, Data Sufficiency, Coded InequalitieNon-Verbalbal Reasoning.

English Language

Reading Comprehension, Cloze Test, Error Spotting, Sentence Correction, Para Jumbles, Vocabulary, Multiple Meaning Words, Paragraph Completion and New Pattern Questions of various types.

Computers

Number System, History of Computers, Hardware, Software, Database (Introduction), Communication (Basic Introduction), Networking (Lan, Wan), the Internet (Concept, History, Working Environment, Application), Security Tools, Virus, Hacker, MS Windows & MS Office, Logic Gates.

Banking

RBI, Function of RBI, Banking Abbreviations, Banking Regulation Act 1949, Policy Rates, Types of Accounts, NEGOTIABLE INSTRUMENTS ACT 1881, BANKING OMBUDSMAN SCHEME 2006, FINANCIAL INCLUSION, PRIORITY SECTOR LENDING, MONEY MARKET INSTRUMENTS, Capital Market.

Current Affairs

Banks in NEWS, Economy based current affairs, Business NEWS, Agreements, New Appointments, Visits, Government Schemes, Awards and Honors, Summits, Committees, National and International, Obituaries, Reports and Indexes, Books and Authors, Defense, Sports.

Must Read: 20 Most Asked Questions in a Bank Interview





So this is all about the Banking Examination in brief. Even after reading this, you find any problem in understanding anything, you can ask our specialists in the comment section. We promise to resolve and reply to all your queries as soon as possible until you are satisfied.

Do share this article with your friends and family members who are willing to join a Bank and see their future as a Banker. In case we missed anything, flag it in the comments.

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