IBPS EXAM

 IBPS EXAM

How to Apply for IBPS Exam

The most sought after industry nowadays is Banking. The availability of jobs in this field has multiplied by several times in the recent years. Rise in the number of private sector banks and the increasing pay hikes make it a very viable option for people who have limited access for higher studies. The selection procedure has trimmed down and more transparency has been implemented by the introduction of Common Written Examination (CWE) which was introduced recently in 2011 which also makes it a very good alternative. There are several reports, which suggests that banking industry will be recruiting over a lakh people in the coming years ibps it officer exam.

IBPS exam will be selecting candidates for the following posts for 20 Public sector banks and 82 Regional Rural Banks:

•     Probationary Officer
•     Management Trainee
•     Clerk

Since the introduction of CWE, many Private Sector banks have started recruiting personnel using the IBPS CWE score for the post of PO and Clerks. Not only the private sector, even financial institutes like ECGC has started recruiting on the basis of the IBPS score card which has now been deemed outmost importance.

BANKS ALLOWING IBPS CWE SCORES

Except SBI, all other Public sector banks are considering the IBPS score card.

The 20 banks which are participating in the CWE are

•     Allahabad Bank
•     Andhra Bank
•     Bank of Baroda
•     Bank of India
•     Bank of Maharashtra
•     Canara Bank
•     Central Bank of India
•     Corporation Bank
•     Dena Bank
•     IDBI bank
•     Indian Bank
•     Indian Overseas Bank
•     Oriental Bank of Commerce
•     Punjab National Bank
•     Punjab & Sind Bank
•     Syndicate Bank
•     Union Bank of India
•     United Bank of India
•     UCO Bank
•     Vijaya Bank

IBPS conducts series of CWE’s in a year - once for each of PO (General Banking Officer - GBO), Clerical, Specialist Officers for recruitment into the Public Sector Banks and Regional Rural Banks to deliver the need of the industry and also to the needs of job seeking aspirants. This means that aspirants are clear about when they should apply, and can plan their preparation in an organized and effective manner.

The traditional paper written exams have been replaced by online exams. CWE mentioned its requirements when it started off stating that the online exam system would bring in more transparency into the selection procedure. Online system has started and by all means, the next term of exams will go completely online.

HOW TO APPLY FOR THE IBPS EXAM

1. Before applying online, candidates should
(i) scan their photograph and signature ensuring that the both the photograph and signature are within the required specifications as given in the notification.
(ii) keep the application fee remittance details (Transaction details such as NEFT UTR No., IFSC Code etc.) ready in case of cash payment through NEFT enabled branches . Keep the necessary details/ documents ready in order to make online payment of the requisite application fee.
(iii) have a valid personal email ID, which should be kept active till the declaration of results

Fee payment: Candidates have the option of

(1) ONLINE MODE of payment of requisite fees or
(2) OFFLINE MODE i.e. payment of fees through NEFT-enabled branches

2. Candidates should carefully fill in the details in the On-Line Application at the appropriate places very carefully and click on the “SUBMIT” button at the end of each page. Before submitting, candidates are advised to verify every particular filled in the application. Any change/alteration found may disqualify the candidature.

After applying On-Line, the candidate should immediately take a printout of the system-generated on-line application form, ensure that the particulars filled in are accurate and retain it for future reference. Please note that all the particulars mentioned in the online application including Name of the Candidate, Category, Date of birth, Address, Email ID, Center of Examination etc. will be considered as final and no modifications will be allowed after the last date specified for Editing/ Updating the same. Candidates are hence requested to fill in the online application form with utmost care as no correspondence regarding change of details will be entertained.

MAJOR CHANGES TO BE WITNESSED

1. Earlier the cutoffs were equal to the total sum of the cutoffs of the individual sections. But this time the Cutoffs were applied in two stages:

(i) on standard scores in individual tests
(ii) on Total Weighted Standard Score

As a result, the over all cutoff for all the categories is now higher than the sum total of the cutoffs of individual sections for the respective category. This would mean that if a candidate scores the minimum cutoffs in each of the individual tests but does not clear the minimum over all cutoff, he/she is not qualified.

2. IBPS has introduced a new system of common interview. According to this, each of the qualified candidates will definitely get one interview call. IBPS coordinates this common interview process. Going further, participating banks do not have any role in conducting interviews for the qualified students.

The process of common interview is as follows:

    Candidates who qualify in IBPS CWE(PO & Clerical) will be called for a common Interview, coordinated by IBPS.

    Candidates, who are successful in qualifying both the CWE and common Interview will be listed in order of merit.

    After the declaration of results of both CWE and common Interview, a notification will be issued by IBPS giving the State/UT wise and category wise vacancies for each participating bank.

    Order of preference for banks will then be obtained from the successful candidates.

    Based on the total marks (CWE + Common Interview) and the indication of order of preference of banks and available vacancies, candidates will receive through a computerized system an offer from one of the participating public sector banks.

    The remaining candidates, through subsequent iterations, will fill vacancies remaining unfilled on account of candidates declining offer.

NOTE

The above procedure are for Private sector banks. It is not valid for RRB (Regional Rural Banks) where they will announce their vacancies separately and the candidates have to apply if they fulfill the criteria put up by the respective banks.

IBPS Exam SCORE CARD

Score card will be issued to those candidates who secure minimum qualifying marks in each of the test sections(cutoffs) and also clear the over all cutoff as fixed by IBPS. Score Card issued by IBPS will be valid for one year from the date of issue of the score card. Candidates can appear in subsequent examinations to enhance their scores.