IBPS PO/MT XIII Recruitment 2024: Probationary Officer/Management Trainee Vacancy

IBPS PO/MT XIII Recruitment 2024: Probationary Officer/Management Trainee Vacancy

The Institute of Banking Personnel Selection (IBPS) has announced the Common Recruitment Process (CRP) for Probationary Officers/Management Trainees (PO/MT XIII) for the year 2024-25. This highly anticipated recruitment drive offers a significant opportunity for aspiring graduates to embark on a promising career in the public sector banking industry. Participating banks across India will recruit eligible candidates for the prestigious Probationary Officer and Management Trainee positions through this centralized process. This latest vacancy is a gateway to a stable and rewarding career path in the financial sector, providing excellent growth prospects and job security.

IBPS PO MT XIII Recruitment 2024 official banner and logo

Working as a Probationary Officer or Management Trainee in a public sector bank offers a dynamic work environment, opportunities to learn various aspects of banking operations, and the chance to serve a vast customer base. The IBPS PO Recruitment process is known for its fair and transparent selection methodology, attracting a large number of candidates annually. It is crucial for all applicants to thoroughly review the official notification once released, to understand the intricacies of the examination, eligibility criteria, and application procedure to successfully secure these coveted government jobs.

Successful candidates will undergo a probationary period, during which they receive extensive training in banking knowledge, customer service, and operational procedures. Upon successful completion of probation, they are confirmed as Assistant Managers or equivalent roles, paving the way for further promotions to senior managerial positions. This makes IBPS PO one of the most sought-after government jobs for young graduates in India.

Overview

The IBPS PO/MT CRP is a multi-stage examination conducted annually to select Probationary Officers and Management Trainees for various Public Sector Banks (PSBs) in India. The process involves preliminary and main examinations, followed by an interview round. Candidates who successfully clear all stages are provisionally allotted to one of the participating banks based on their merit and preference.

This Common Recruitment Process streamlines the hiring for multiple banks, providing a single window for applicants. The Probationary Officer role is entry-level, offering exposure to various banking functions like customer service, loan processing, cash management, and digital banking operations. It is a challenging yet fulfilling role that demands dedication, analytical skills, and a strong understanding of financial principles. This latest vacancy under IBPS PO Recruitment is expected to attract a huge talent pool, eager to join the vibrant banking sector.

The job comes with numerous perks and benefits beyond the competitive salary, including medical benefits, housing facilities (in some cases), leave travel concession, and opportunities for professional development through training programs and certifications. A career in public sector banking through IBPS PO offers not just a job, but a pathway to contribute to the nation’s economic growth and financial inclusion initiatives. Aspiring candidates for these government jobs should aim for comprehensive preparation covering all aspects of the examination syllabus.

Important Dates

While the detailed notification for IBPS PO/MT XIII Recruitment 2024 is awaited, candidates should anticipate the following tentative schedule based on previous years’ trends. Always refer to the official notification for precise dates.

  • Online Application Start Date: (details will be updated soon)
  • Online Application End Date: (details will be updated soon)
  • Last Date for Online Fee Payment: (details will be updated soon)
  • Preliminary Examination Call Letter Download: (details will be updated soon)
  • Preliminary Examination Date: (details will be updated soon)
  • Preliminary Exam Result Date: (details will be updated soon)
  • Main Examination Call Letter Download: (details will be updated soon)
  • Main Examination Date: (details will be updated soon)
  • Main Exam Result Date: (details will be updated soon)
  • Interview Call Letter Download: (details will be updated soon)
  • Interview Conducted: (details will be updated soon)
  • Provisional Allotment: (details will be updated soon)

Candidates are strongly advised to bookmark the official IBPS website and regularly check for updates to ensure they do not miss any critical deadlines for the IBPS PO Recruitment. Submitting applications well in advance is always recommended to avoid last-minute technical difficulties.

Eligibility

To be eligible for the IBPS PO/MT XIII Recruitment 2024, candidates must meet specific criteria related to nationality, age, and educational qualification. Adherence to these eligibility criteria is paramount for all applicants for these government jobs.

  • Nationality/Citizenship:
    • A Citizen of India or
    • A Subject of Nepal or
    • A Subject of Bhutan or
    • A Tibetan Refugee who came over to India before 1st January 1962 with the intention of permanently settling in India or
    • A person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, the United Republic of Tanzania (formerly Tanganyika and Zanzibar), Zambia, Malawi, Zaire, Ethiopia, and Vietnam with the intention of permanently settling in India.

    Provided that a candidate belonging to categories other than a Citizen of India shall be a person in whose favor a certificate of eligibility has been issued by the Government of India.

  • Educational Qualification:

    A Degree (Graduation) in any discipline from a University recognized by the Govt. of India or any equivalent qualification recognized as such by the Central Government. Candidates must possess valid Mark-sheet / Degree Certificate that they are a graduate on the day they register for the application and indicate the percentage of marks obtained in Graduation while registering online. For the latest vacancy, the academic cut-off date will be specified in the detailed notification. It is essential to hold a valid degree at the time of online registration.

    For candidates belonging to reserved categories (SC/ST/OBC/PwBD), the minimum percentage of marks required in graduation might be relaxed as per government norms. However, clarity on this will be provided in the official detailed notification for IBPS PO Recruitment.

  • Computer Literacy: Knowledge of operating and working in computer systems is mandatory, which means candidates should have a Certificate/Diploma/Degree in computer operations/Language/ should have studied Computer / Information Technology as one of the subjects in the High School/College/Institute. This is a common requirement across many government jobs in the banking sector.

Candidates failing to meet any of these criteria will not be considered for the selection process. Therefore, a careful self-assessment against the eligibility criteria is strongly recommended before proceeding to apply online for this latest vacancy.

Bank employees in a modern office, symbolizing banking government jobs

Age Limit

The age limit for candidates applying for IBPS PO/MT XIII Recruitment 2024 is typically as follows:

  • Minimum Age: 20 years
  • Maximum Age: 30 years

This means a candidate must have been born not earlier than (details will be updated soon) and not later than (details will be updated soon) (both dates inclusive).

Relaxations in the upper age limit are permissible for candidates belonging to specific categories as per the Government of India guidelines. These age relaxations are crucial for many aspirants and are provided to ensure equal opportunities for all sections of society in government jobs.

Category Age Relaxation
Scheduled Caste/Scheduled Tribe (SC/ST) 5 years
Other Backward Classes (OBC) (Non-Creamy Layer) 3 years
Persons with Benchmark Disabilities (PwBD) 10 years
Ex-Servicemen (ESM), Commissioned Officers including Emergency Commissioned Officers (ECOs)/ Short Service Commissioned Officers (SSCOs) who have rendered at least 5 years military service and have been released on completion of assignment (including those whose assignment is due to be completed within one year from the last date of receipt of application) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency or physical disability attributable to military service or invalidment. 5 years
Persons ordinarily domiciled in the State of Jammu & Kashmir during the period 01.01.1980 to 31.12.1989 5 years
Persons affected by 1984 riots 5 years

Candidates seeking age relaxation must produce the necessary certificates in the prescribed format when called for an interview or document verification. Failure to provide valid proof will result in the rejection of their candidature. It is vital to comply with all age limit stipulations for this IBPS PO Recruitment.

Salary

The IBPS PO/MT position offers an attractive salary package along with various benefits, making it a highly desirable option among government jobs. The salary structure includes basic pay, dearness allowance (DA), house rent allowance (HRA), city compensatory allowance (CCA), and other perks.

The basic pay for an IBPS PO is generally around ₹36,000/- (as per the latest wage revision agreement). The total in-hand salary, including all allowances, typically ranges from ₹52,000 to ₹55,000 per month, depending on the city of posting and other factors. This competitive remuneration package is one of the key attractions of the IBPS PO Recruitment.

Let’s break down the typical salary components for a Probationary Officer:

  • Basic Pay: ₹36,000/-
  • Dearness Allowance (DA): This component is revised quarterly and is a percentage of the basic pay, influenced by the Consumer Price Index (CPI).
  • House Rent Allowance (HRA): Varies based on the type of city (e.g., Metro, Tier-2, Tier-3). It can range from 7% to 9% of the basic pay.
  • City Compensatory Allowance (CCA): Offered in metropolitan cities to compensate for the higher cost of living.
  • Special Allowance: A fixed allowance provided to bank employees.
  • Other Benefits:
    • Medical Aid: Employees receive medical benefits for themselves and their families.
    • Leave Travel Concession (LTC): Facility to travel to their hometown or other places.
    • Pension Scheme: A defined contribution pension scheme (NPS).
    • Conveyance Allowance: For commuting purposes.
    • Newspaper Allowance: For daily newspapers.

Beyond the immediate financial benefits, the job offers immense career progression opportunities. A Probationary Officer can rise through the ranks to become an Assistant Manager, Manager, Chief Manager, Assistant General Manager, Deputy General Manager, General Manager, and even an Executive Director or Chairman in a public sector bank. This clear career path and the comprehensive benefits package make IBPS PO one of the most rewarding government jobs available in India. Understanding the salary details is a key aspect for those planning to apply online for this latest vacancy.

Application Fee

Candidates applying for the IBPS PO/MT XIII Recruitment 2024 are required to pay an application fee to complete their online application. The fee structure is differentiated based on the category of the applicant. Please note that the application fee is non-refundable and non-transferable.

  • For SC/ST/PwBD candidates: ₹175/- (Inclusive of GST)
  • For all other candidates (General/OBC/EWS): ₹850/- (Inclusive of GST)

The payment of the application fee must be made online only, using Debit Cards (RuPay/Visa/MasterCard/Maestro), Credit Cards, Internet Banking, IMPS, Cash Cards/ Mobile Wallets. No other mode of payment will be accepted. It is essential to ensure that the payment is successfully transacted and reflected in the application status before the last date for fee payment for the IBPS PO Recruitment.

Online banking payment gateway with credit card and net banking options

Candidates should keep the e-receipt of the fee payment as proof for future reference. Without successful fee payment, the online application for these government jobs will be considered incomplete and will be rejected. Therefore, applicants should initiate the payment process well within the stipulated timeline to avoid any last-minute payment failures.

How to Apply

Applying for the IBPS PO/MT XIII Recruitment 2024 is an entirely online process. Candidates must follow a step-by-step procedure to ensure their application is complete and correctly submitted. Before starting, ensure you have a stable internet connection and all necessary documents ready for upload as per specifications.

  1. Visit the Official IBPS Website: Go to the authorized website of IBPS, which is www.ibps.in.
  2. Click on CRP PO/MT: On the homepage, locate and click on the link for ‘CRP PO/MT’ and then select ‘Common Recruitment Process for Probationary Officers/Management Trainees XIII’.
  3. New Registration: Click on ‘CLICK HERE FOR NEW REGISTRATION’. A provisional registration number and password will be generated. Note them down for future logins.
  4. Fill in Basic Information: Enter your basic details such as Name, Contact details, and Email ID. A Provisional Registration Number and Password will be sent to the registered email and mobile number.
  5. Upload Photograph and Signature: Upload your scanned photograph and signature strictly as per the specifications provided in the official notification regarding size and format. Ensure the image quality is clear.
  6. Fill in Details (Part-I): Complete the remaining parts of the application form, including personal details, educational qualifications, work experience (if any), and preferences for banks. Be meticulous with academic details and percentages.
  7. Preview and Verify: Before final submission, carefully review all the entered information. Make corrections if necessary. Ensure all details are accurate, as no changes will be allowed after final submission.
  8. Upload Hand Written Declaration and Left Thumb Impression: Upload scanned images of your Left Thumb Impression and a Hand Written Declaration as per the guidelines specified in the official notification. This is a critical step for all government jobs applications.
  9. Pay Application Fee: Proceed to the payment gateway to pay the application fee online. Select your preferred payment method (Debit Card, Credit Card, Net Banking, etc.) and complete the transaction. Take a printout of the e-receipt.
  10. Final Submission and Printout: After successful payment, click on ‘FINAL SUBMIT’. Take a printout of the generated application form for your records. This serves as proof of your application for the latest vacancy.

It is strongly advised to apply well before the closing date to avoid any last-minute rush or technical issues. Incomplete applications or applications with incorrect information may be rejected. This detailed guide ensures you successfully apply online for the IBPS PO Recruitment.

Selection Process

The IBPS PO/MT XIII Recruitment 2024 selection process is a rigorous multi-stage procedure designed to assess candidates’ aptitude, knowledge, and personality. The entire process aims to identify individuals best suited for the demanding role of a Probationary Officer in public sector banks. This comprehensive selection process is a hallmark of government jobs recruitment.

The selection process broadly comprises three main phases:

  1. Preliminary Examination (Tier-I):
    • This is the first stage and is of a qualifying nature. Marks obtained in the Preliminary Exam will not be added for the final merit list.
    • It consists of three sections: English Language (30 Questions, 30 Marks), Quantitative Aptitude (35 Questions, 35 Marks), and Reasoning Ability (35 Questions, 35 Marks).
    • Total 100 questions for 100 marks, with a composite time of 60 minutes.
    • There is a sectional timing for each test.
    • Negative marking of 0.25 marks for each wrong answer is applicable.
    • Candidates must clear the sectional cut-offs as well as the overall cut-off to qualify for the Main Examination.
  2. Main Examination (Tier-II):
    • This is the second and most crucial stage, as marks obtained in the Main Examination will be considered for the final merit list.
    • It comprises objective tests for 200 marks and a descriptive test for 25 marks.
    • Objective Tests:
      • Reasoning & Computer Aptitude (45 Questions, 60 Marks, 60 minutes)
      • General Economy & Banking Awareness (40 Questions, 40 Marks, 35 minutes)
      • English Language (35 Questions, 40 Marks, 40 minutes)
      • Data Analysis & Interpretation (35 Questions, 60 Marks, 45 minutes)

      Total 155 questions for 200 marks, with a composite time of 3 hours.

    • Descriptive Test: (English Language – Letter Writing & Essay) (2 Questions, 25 Marks, 30 minutes).
    • Negative marking of 0.25 marks for each wrong answer in objective tests.
    • Candidates must clear both sectional and overall cut-offs in the Main Examination to be eligible for the interview round.
  3. Interview (Tier-III):
    • Candidates who qualify in the Main Examination will be called for an Interview conducted by the Participating Banks and coordinated by IBPS.
    • The interview carries a total of 100 marks. The minimum qualifying marks in the interview will be 40% (35% for SC/ST/OBC/PwBD candidates).
    • The interview panel assesses a candidate’s communication skills, personality, general awareness, banking knowledge, and problem-solving abilities.
    • This stage is vital for the overall assessment of the candidate’s suitability for the Probationary Officer role.

The final merit list is prepared on the basis of the combined scores obtained by candidates in the Main Examination and Interview. A candidate needs to qualify in both the Main Exam and the Interview and be sufficiently high in the merit list to be considered for provisional allotment to one of the Participating Banks. Thorough preparation for each stage of this IBPS PO Recruitment is essential for success in these competitive government jobs. Regular practice of mock tests and staying updated with current affairs and banking news is highly recommended.

People in a banking interview setting, representing the final selection stage

FAQs

Q1: What is IBPS PO and what does a Probationary Officer do?

A1: IBPS PO stands for Institute of Banking Personnel Selection Probationary Officer. A Probationary Officer (PO) is an entry-level managerial position in public sector banks. Their work involves general banking, administrative tasks, customer service, handling cash and transactions, managing loans, marketing bank products, and ensuring compliance with banking regulations. It’s a foundational role in the banking sector, offering diverse experiences and significant learning opportunities in government jobs.

Q2: Is the IBPS PO exam conducted every year?

A2: Yes, the IBPS PO/MT Common Recruitment Process is an annual examination conducted by the Institute of Banking Personnel Selection. It is one of the most consistent and prominent recruitment drives for government jobs in the banking sector, attracting lakhs of applicants each year who aspire to join various public sector banks.

Q3: What is the maximum age limit for General category candidates for IBPS PO?

A3: For General category candidates, the maximum age limit to apply for IBPS PO Recruitment is typically 30 years. However, age relaxations are provided for candidates belonging to reserved categories such as SC/ST (5 years), OBC (3 years), and PwBD (10 years) as per government norms for these government jobs.

Q4: Are there sectional timings in both IBPS PO Preliminary and Main exams?

A4: Yes, both the IBPS PO Preliminary and Main Examinations have sectional timings. This means candidates must complete each section within a stipulated time frame. This requires effective time management and strategic planning during preparation for this latest vacancy.

Q5: What are the career growth opportunities for an IBPS PO?

A5: An IBPS PO has excellent career growth opportunities within public sector banks. After serving as a Probationary Officer, one can be promoted to Assistant Manager, Manager, Chief Manager, Assistant General Manager, Deputy General Manager, General Manager, and eventually even to Executive Director or Chairman. Promotions are based on performance, experience, and clearing internal departmental exams. It is a highly structured career path in government jobs.

Q6: Is an interview mandatory for IBPS PO selection?

A6: Yes, an interview is a mandatory and crucial stage of the IBPS PO selection process. Candidates who qualify in the Main Examination are called for a personal interview, which carries 100 marks. The interview assesses a candidate’s communication skills, personality, general knowledge, and banking awareness, playing a significant role in the final selection for these government jobs.

Q7: What is the minimum educational qualification required for IBPS PO?

A7: The minimum educational qualification required for IBPS PO Recruitment is a Bachelor’s Degree (Graduation) in any discipline from a University recognized by the Government of India or any equivalent qualification recognized by the Central Government. Candidates must possess the degree and valid mark sheets on or before the cut-off date mentioned in the official notification for this latest vacancy.

{
“@context”: “https://schema.org”,
“@type”: “FAQPage”,
“mainEntity”: [
{
“@type”: “Question”,
“name”: “What is IBPS PO and what does a Probationary Officer do?”,
“acceptedAnswer”: {
“@type”: “Answer”,
“text”: “IBPS PO stands for Institute of Banking Personnel Selection Probationary Officer. A Probationary Officer (PO) is an entry-level managerial position in public sector banks. Their work involves general banking, administrative tasks, customer service, handling cash and transactions, managing loans, marketing bank products, and ensuring compliance with banking regulations. It\’s a foundational role in the banking sector, offering diverse experiences and significant learning opportunities in government jobs.”
}
},
{
“@type”: “Question”,
“name”: “Is the IBPS PO exam conducted every year?”,
“acceptedAnswer”: {
“@type”: “Answer”,
“text”: “Yes, the IBPS PO/MT Common Recruitment Process is an annual examination conducted by the Institute of Banking Personnel Selection. It is one of the most consistent and prominent recruitment drives for government jobs in the banking sector, attracting lakhs of applicants each year who aspire to join various public sector banks.”
}
},
{
“@type”: “Question”,
“name”: “What is the maximum age limit for General category candidates for IBPS PO?”,
“acceptedAnswer”: {
“@type”: “Answer”,
“text”: “For General category candidates, the maximum age limit to apply for IBPS PO Recruitment is typically 30 years. However, age relaxations are provided for candidates belonging to reserved categories such as SC/ST (5 years), OBC (3 years), and PwBD (10 years) as per government norms for these government jobs.”
}
},
{
“@type”: “Question”,
“name”: “Are there sectional timings in both IBPS PO Preliminary and Main exams?”,
“acceptedAnswer”: {
“@type”: “Answer”,
“text”: “Yes, both the IBPS PO Preliminary and Main Examinations have sectional timings. This means candidates must complete each section within a stipulated time frame. This requires effective time management and strategic planning during preparation for this latest vacancy.”
}
},
{
“@type”: “Question”,
“name”: “What are the career growth opportunities for an IBPS PO?”,
“acceptedAnswer”: {
“@type”: “Answer”,
“text”: “An IBPS PO has excellent career growth opportunities within public sector banks. After serving as a Probationary Officer, one can be promoted to Assistant Manager, Manager, Chief Manager, Assistant General Manager, Deputy General Manager, General Manager, and eventually even to Executive Director or Chairman. Promotions are based on performance, experience, and clearing internal departmental exams. It is a highly structured career path in government jobs.”
}
},
{
“@type”: “Question”,
“name”: “Is an interview mandatory for IBPS PO selection?”,
“acceptedAnswer”: {
“@type”: “Answer”,
“text”: “Yes, an interview is a mandatory and crucial stage of the IBPS PO selection process. Candidates who qualify in the Main Examination are called for a personal interview, which carries 100 marks. The interview assesses a candidate\’s communication skills, personality, general knowledge, and banking awareness, playing a significant role in the final selection for these government jobs.”
}
},
{
“@type”: “Question”,
“name”: “What is the minimum educational qualification required for IBPS PO?”,
“acceptedAnswer”: {
“@type”: “Answer”,
“text”: “The minimum educational qualification required for IBPS PO Recruitment is a Bachelor\’s Degree (Graduation) in any discipline from a University recognized by the Government of India or any equivalent qualification recognized by the Central Government. Candidates must possess the degree and valid mark sheets on or before the cut-off date mentioned in the official notification for this latest vacancy.”
}
}
]
}

Source: Original recruitment notification / RSS feed

Credit: Government Job Feed

Leave a Comment