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Ans. The IBPS Full Form stands for Institute of Banking Personnel Selection.
Q2. What is IBPS?
Ans. The IBPS is an independent oraganization carrying out the frame for numerous banking examinations in India. Every year, IBPS releases notifications for recruiting several banking aspirants for probationary officers, clerical cadre, and specialist officers.
Q3. Which exams are conducted by IBPS?
Ans. IBPS PO (Probationary Officer) - For the recruitment of officers in public sector banks.
IBPS Clerk - For the recruitment of clerical staff in public sector banks.
IBPS RRB (Regional Rural Banks) - For the recruitment of officers and assistants in regional rural banks.
IBPS SO (Specialist Officer) - For the recruitment of specialist officers in various public sector banks.
IBPS Full Form, Institute of Banking Personnel Selection
The IBPS Full Form stands for Institute of Banking Personnel Selection. It is a central recruitment agency in India that aims to facilitate the recruitment and placement of candidates in nationalized banks and regional rural banks (RRBs).
Priyanka Dahima10 Jan, 2025
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IBPS Full Form:
The Institute of Banking Personnel Selection (IBPS) is a central recruitment agency in India, operating under the Ministry of Finance. It was established to facilitate the recruitment of young individuals, including undergraduates, postgraduates, and doctorates, for various positions in nationalized banks and regional rural banks. These positions include Group 'A' officers, Group 'B' officers, Group 'C' employees, and Group 'D' employees.
IBPS Full Form
IBPS also provides organizations with standardized systems for assessment and result processing services, ensuring a fair and efficient recruitment process.
Additionally, the Common Eligibility Test (CET) will start in 2025 and will streamline the recruitment process for non-gazetted posts in the central government, public sector banks, and Indian Railways. This test will be conducted by the National Recruitment Agency, which aims to replace multiple entrance examinations with a single examination for various levels of candidates.
IBPS Full Form in Hindi
IBPS का पूरा नाम हिंदी में "बैंकिंग कार्मिक चयन संस्थान" है। यह एक केंद्रीय भर्ती एजेंसी है जो भारत में विभिन्न बैंकों के लिए कर्मचारियों की भर्ती करती है।
आईबीपीएस वर्तमान में एक स्वायत्त निकाय के रूप में कार्य करता है जो मुख्य रूप से Banking क्षेत्र में Clerical और Officer पदों पर भर्ती के लिए प्रतियोगी परीक्षा आयोजित करने में लगा हुआ है।
आईबीपीएस चार अलग-अलग भर्ती exam आयोजित करता है, अर्थात् CRP PO/MT, CRP RRBs, CRP Clerical, CRP Specialist Officers जिसके तहत बैंकिंग क्षेत्र में भर्ती के लिए हर साल विभिन्न परीक्षाएं होती हैं।
यह राष्ट्रीयकृत बैंकों और क्षेत्रीय ग्रामीण बैंकों में Group 'A' अधिकारी, Group 'B' अधिकारी, Group 'C' कर्मचारी और Group 'D' कर्मचारी के पदों के लिए भर्ती करता है।
What is IBPS?
The IBPS is an independent oraganization carrying out the framework for numerous banking examinations in India. Every year, IBPS releases notifications for recruiting several banking aspirants for probationary officers, clerical cadre, and specialist officers. In this article, we will provide you with all of the essential facts associated with IBPS and the recruitment drive that it conducts. IBPS additionally conducts college stage or inner recruitment assessments, and all of the updates related to IBPS Recruitments are published on its official website www.ibps.in.
IBPS Full Form in Banking
The Institute of Banking Personnel Selection (IBPS) plays a very essential role in the banking sector in India. IBPS provides a transparent and standardized selection process, ensuring that young banking aspirants are evaluated fairly based on their skills, abilities, and knowledge. For public sector banks, regional rural banks, and other financial institutions it conducts several recruitment drives for various positions. IBPS also focuses on the training and development of banking personnel by conducting workshops, seminars, and training programs on a day-to-day basis to enhance the knowledge and skills of banking professionals. Encouraging candidates from various backgrounds to apply for IBPS Banking Recruitment promotes a diverse workforce from all around the nation.
IBPS Exams
The Institute of Banking Personnel Selection (IBPS) conducts several banking exams throughout the year for the recruitment of eligible candidates in various banking and financial institutions in India. The main exams conducted by IBPS include:
IBPS PO (Probationary Officer) -
For the recruitment of officers in public sector banks.
IBPS Clerk -
For the recruitment of clerical staff in public sector banks.
IBPS RRB (Regional Rural Banks) -
For the recruitment of officers and assistants in regional rural banks.
IBPS SO (Specialist Officer) -
For the recruitment of specialist officers in various public sector banks.
These exams are much awaited every year among the candidates seeking careers in the banking sector in India.
IBPS Exam Recruitment Process
The Institute of Banking Personnel Selection exam involves several stages in the selection process aimed at selecting candidates for various positions including Probationary Officer (PO), Clerk, Officer Scale II and III, and Specialist Officers in nationalized banks and regional rural banks in India. Here is a general overview of the IBPS Exam Recruitment Process:
Notification
: IBPS releases a notification pdf announcing the recruitment drive, including details about the vacancy available, eligibility criteria, selection process, apply online process, and important dates.
Online Application
: Candidates who fulfill the eligibility criteria must fill out an online application form and pay the required application fee.
Preliminary Examination
: The first stage is the preliminary exam, which is an objective type test and is qualifying in nature. Candidates who qualify in this exam move on to the next stage.
Main Examination
: Those who pass the preliminary exam are eligible to take the main examination, which is more comprehensive and also objective in nature.
Interview
: Depending on the position, candidates who clear the main exam may be called for a personal interview.
Final Selection
: The final selection is based on the combined scores of the main examination and the interview (if applicable). A merit list is prepared, and candidates are allocated to banks based on their preferences and ranks.
Document Verification
: Selected candidates undergo document verification before being appointed.
Name of Exam
Stages
IBPS PO
Prelims
Mains
Interview
IBPS Clerk
Prelims
Mains
IBPS SO
Prelims
Mains
Interview
IBPS RRB PO
Prelims
Mains
Interview
IBPS RRB Clerk
Prelims
Mains
IBPS Exam Eligibility
Nationality:
Indian nationals, subjects of Bhutan, Nepal, or Tibetan refugees hoping to reside in India permanently, or Individuals of Indian descent who have immigrated from East Africa, including Kenya, Uganda, the United Republic of Tanzania, Zambia, Malawi, Zaire, Ethiopia, or Vietnam, as well as Pakistan, Burma, and Sri Lanka.
Age Limit:
For Clerk- Usually 20 to 28 years for a clerk.
For PO and SO- Typically, 20 to 30 years for both probationary officers (PO) and specialist officers (SO). Reserved categrories are subject to age relaxations as per the government guidelines.
Educational Qualification:
For Clerk: A bachelor's degree in any field is required for a clerk.
For PO: Any discipline at the bachelor's degree level.
For SO: Depends on the area of expertise; typically, a degree in a related subject.
Language Proficiency:
The candidate must be proficient in the official language of the state or Union Territory in which they are applying.
Computer Literacy:
Basic computer knowledge is necessary for IBPS examinations.
IBPS Job Profile and Responsibility
IBPS PO Job Profile
The IBPS Probationary Officer (PO) job profile involves a variety of responsibilities and roles within a bank. Here are some key aspects of the IBPS PO job profile:
Customer Service
: POs are often considered the first point of contact for customers. They assist with account inquiries, loan applications, and other banking services.
Financial Management
: They are responsible for managing the bank's financial products, including loans, deposits, and investments. This includes assessing customer needs and recommending appropriate products.
Sales and Marketing
: POs are expected to promote the bank's products and services to customers, which may involve meeting sales targets.
Administrative Duties
: They handle various administrative tasks, including maintaining records, preparing reports, and ensuring compliance with banking regulations.
Team Collaboration
: POs work closely with other bank staff to ensure smooth operations and provide excellent customer service.
Problem Solving
: They must address customer complaints and resolve issues effectively, ensuring customer satisfaction.
Training and Development
: New POs may also be involved in training and mentoring junior staff or interns.
Career Growth
: The role of a PO is often seen as a stepping stone to higher positions within the bank, such as Manager or Branch Head.
IBPS Clerk Job Profile
The IBPS Clerk job profile involves customer service and administrative tasks within a bank. We have provided below the IBPS Clerk job profile and reesponsibilities:
Customer Service
: Clerks are often the first point of contact for customers. They assist with account inquiries, transactions, and provide information about banking products and services.
Cash Handling
: Clerks are responsible for handling cash transactions, including deposits, withdrawals, and currency exchange. They must ensure accuracy in cash management.
Account Management
: They assist in opening and closing bank accounts, updating customer information, and maintaining records of transactions.
Documentation
: Clerks handle various forms of documentation, including loan applications, account forms, and compliance paperwork. They ensure that all documents are properly filled out and submitted.
Sales Support
: While not primarily a sales role, clerks may promote bank products and services to customers, helping to meet sales targets.
Administrative Duties
: They perform various administrative tasks, such as filing, data entry, and maintaining records, to support the smooth operation of the bank.
Problem Solving
: Clerks address customer complaints and queries, providing solutions and ensuring customer satisfaction.
IBPS SO Job Profile
The IBPS SO positions include various specializations such as:
IT Officer
: Responsible for managing the bank's IT infrastructure, software development, and cybersecurity.
Agricultural Field Officer
: Focuses on providing banking services to the agricultural sector, including loans and financial advice to farmers.
Rajbhasha Adhikari
: Responsible for implementing and promoting the use of Hindi in the bank's operations and communications.
Law Officer
: Handles legal matters, compliance, and documentation related to banking operations.
HR/Personnel Officer
: Manages human resources functions, including recruitment, training, and employee relations.
Marketing Officer
: Focuses on promoting the bank's products and services, developing marketing strategies, and enhancing customer engagement.
IBPS Salary for PO, Clerk and SO Posts
While it is a fact that IBPS Salary details and benefits differ depending on the post and job profile, area of appointment, and that IBPS Salary Pays Scale is open to regular updates, Here we have provided a comprehensive discussion of the IBPS Salary for PO, Clerk and SO Posts.
IBPS PO Salary
Salary Structure:
Entry-level basic pay is Rs. 36,000/- for the IBPS PO posts. The gross salary, including all allowances, typically ranges from Rs. 50,000/- to Rs. 60,000/- per month, depending on the bank and location.
Benefits and Allowances:
The candidates are also entitled to receive other allowances after they complete the training period successfully. CCA, HRA, DDA, and special allowances will also be there according to the place of posting and the scale of the employee.
Deduction:
There are also deductions for provident fund, professional tax, and other contributions, which can affect the IBPS PO In Hand salary.
IBPS Clerk Salary
Salary Structure:
IBPS Clerk position offers an initial salary package ranging from Rs. 28,000/- to Rs. 30,000/- per month upon joining, with a starting basic pay of Rs. 19,900/-.
Benefits and Allowances:
In addition to the basic pay, clerks receive various allowances, which may include: Dearness Allowance (DA), House Rent Allowance (HRA), Special Allowance, Medical Allowance, and Travel Allowance.
Deduction:
There are also deductions for provident fund, professional tax, and other contributions, which can affect the take-home salary.
IBPS SO Salary
Salary Structure:
The IBPS SO Basic pay is Rs 23,700/- and the Salary ranges from Rs. 38,000/- to Rs. 39,000/-. The job of a special officer is a very prestigious job that requires special qualifications in all six different positions.
Benefits and Allowances:
Along with salary selected candidates will receive several perks and benefits including Holiday Policy, Holiday Travel Allowance, Holiday Home Allowance, Transport Allowance, Newspaper Allowance, Medical Allowance, Entertainment Allowance, House and Furniture Allowance, etc.
Deduction:
The salary of an IBPS Specialist Officer (SO) is subject to deductions like Provident Fund and Professional Tax.
IBPS Bank List
Institute of Banking Personnel Selection (IBPS) organizes examinations annually to hire individuals for the roles of clerical cadre, probationary officers, and specialist officers in public sector banks as well as regional rural banks. The candidates are assigned to various banks that take part in the recruitment procedure based on the scores achieved in the exam. Here, we present the list of all the banks that participate in the recruitment drive conducted by IBPS.
Indian Overseas Bank
UCO Bank
Bank of Maharashtra
Punjab and Sind Bank
Punjab National Bank
Canara Bank
Union Bank of India
Indian Bank
Bank of India
Bank of Baroda
Central Bank of India
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