IBPS PO 2023: Complete Guide On Vacancies, Eligibility, Dates, And Application Process

IBPS PO 2023 - Notification Details for 3049 Vacancies

The Institute of Banking Personnel Selection (IBPS) Probationary Officer (PO) exam is one of the most sought-after exams in the banking sector in India. IBPS PO 2023 aims to provide a golden opportunity to aspirants aiming to start their career in the banking field. This year, a substantial number of vacancies are available, promising numerous candidates the opportunity to secure their dream job. As the competition is tough, we provide you with all the necessary information to prepare for this prestigious exam.

A myriad of opportunities is associated with the role of a Probationary Officer (PO). IBPS PO offers a promising career growth and financial stability. The role of a PO is multifaceted, ranging from customer service and banking operations to managing banking functions. The IBPS PO 2023 exam is your gateway to securing a lucrative position in various participating banks across the country. Stay informed about every detail, from the application process to the selection process, to ensure your success.

IBPS PO 2023 calls for focused preparation and a thorough understanding of the examination structure. The examination is conducted in three stages – Preliminary, Mains, and Interview. Each stage has its unique requirements and it’s crucial to be familiar with these details to strategize your preparation. The right approach coupled with hard work can lead you to achieve your dream of being a Probationary Officer.

Salary / Pay Scale for IBPS PO

The IBPS PO role is not just sought after due to its prestigious standing in the banking sector, but also for its attractive salary package. The average initial gross monthly salary for an IBPS PO ranges between Rs. 60,000 to Rs. 75,000, depending on the place of posting and the allotted bank. The lucrative salary is designed to attract the best talents and provide financial stability for the candidates.

The promising salary package for IBPS PO is complemented by numerous other allowances and benefits. It includes perks like Dearness Allowance, House Rent Allowance, and City Compensatory Allowance, among others. The financial package coupled with job security makes IBPS PO a highly sought-after position.

Benefits of Joining as Probationary Officer (PO) Through IBPS

Joining as an IBPS PO offers a range of benefits, including job security, lucrative salary, and career growth opportunities. The post provides ample chances for promotion and growth within the bank, ensuring that employees can consistently climb the corporate ladder.

The position also brings with it the opportunity to work in a dynamic and challenging environment that fosters learning and skill development. It offers the perfect setting for individuals who are looking to grow professionally and personally. As an IBPS PO, you also get the chance to serve society by driving financial inclusion.

Vacancy Details for IBPS PO 2023

For IBPS PO 2023, a total of 3049 vacancies have been announced as of now. This number might increase, offering more opportunities for banking aspirants. The number of vacancies each year is a clear indicator of the vast employment opportunities provided by the participating banks.

Bank wise vacancy details in IBPS PO 2023 are provided in the table below –

Eligibility Criteria / Educational Qualification for IBPS PO 2023

To be eligible for the IBPS PO 2023 exam, the candidate must hold a Degree (Graduation) in any discipline from a recognized university. This broad criterion ensures that individuals from diverse academic backgrounds can aspire for a career in the banking sector.

It is important for aspirants to note that the minimum educational qualification is a key factor during the selection process. The qualification must be from a recognized institution or university and candidates need to provide proof of their qualification during the recruitment process.

Age Limit for IBPS PO 2023

For the IBPS PO 2023, the age limit set is between 20 and 30 years. This age limit ensures that the bank recruits young and dynamic individuals who can adapt to the evolving banking industry.

Age relaxation rules apply as per the Government of India norms. The age is relaxable by 05 years for SC / ST, by 03 years for OBC (NCL), by additional 10 years for PwD, by 05 years for Ex-Servicemen, and by 05 years for persons affected by the 1984 riots. These relaxations are in place to ensure fair and inclusive recruitment.

Selection Process for IBPS PO 2023

The selection process for IBPS PO 2023 involves three stages: Preliminary Examination, Main Examination, and Interview. The preliminary examination is of 100 marks and is qualifying in nature. The main examination, which carries 225 marks, is the next hurdle.

Candidates shortlisted in the Main examination will be called for an interview, which is of 100 marks. The interview is conducted by the Participating Banks and coordinated by the Nodal Bank in each State/ UT with the help of IBPS. This comprehensive selection process ensures that only the best and most deserving candidates are recruited.

Application Fees for IBPS PO / MT 2023

The application fee for the IBPS PO 2023 is Rs. 175/- (inclusive of GST) for SC/ST/PwBD candidates and Rs. 850 /- (inclusive of GST) for all other candidates. This fee is mandatory and has to be paid online during the submission of the application form.

The application fee is a non-refundable amount that is charged to cover the costs associated with the administrative aspects of the recruitment process. Candidates must ensure that they have correctly filled in their details in the application form as any mistake might lead to disqualification.

Important Dates for IBPS PO / MT 2023

For IBPS PO 2023, the notification was released on 01.08.2023 and the application process started on the same day. It’s crucial for aspirants to take note of these dates to ensure they don’t miss out on this golden opportunity.

The last date to apply for the exam is ~~21.08.2023~~ (now extended upto 28.08.2023). Candidates must make sure to complete their application process before this date. Post this date, no applications will be accepted. The timely submission of the application is crucial to avoid last-minute technical glitches or other unforeseen issues.