IBPS PO Exam 2020

What is IBPS PO Exam?

Institute of Banking Personnel Selection (IBPS) is the recruitment body started in 1975 with an aim to encourage the recruitment and placement of young graduates in public sector banks (except SBI) in India.

Aspirants who are eligible and aspires to join any of the Participating Organisations (listed below) as a Probationary Officer/Management Trainee or in a similar post in that cadre, is required to register for the Common Recruitment Process (CRP PO/MT)

IBPS PO Exam Details 

IBPS PO 2020 Notification 

IBPS has released the Probationary Officers (PO) 2020 recruitment notification on August 4. Aspirants who are aspiring for IBPS PO examination are advised to visit the official site to download IBPS PO 2020 notification pdf. It is important for candidates to download IBPS PO 2020 notification to explore all the details starting from eligibility to registration process. One can download IBPS PO 2020 notification here. 

IBPS PO 2020 Important Dates 

IBPS also released the PO important dates along with exam dates. The official sources suggest that IBPS PO Prelims exam date 2020 is October 3, 10 and 11.  

IBPS PO 2020: Participating Organisations/ Banks

Note: The vacancies to be filled will be based on the business needs of the Participating Organisations and as reported to IBPS.

IBPS PO Recruitment 2020 Vacancies   

NR - Not Reported 

IBPS PO Apply Online 2020

IBPS will accept Probationary Officers (PO) registration forms from August 5 to 26, 2020. Interested candidates who meet all the eligibility conditions can start filling IBPS PO online application form 2020 from the official website. It is advised not to wait until the last date of IBPS PO 2020 registration. Here, we have described IBPS PO 2020 apply online in simple steps. Explore! 

• Visit the official website of IBPS – www.ibps.in 
• Go to ''CRP PO/ MT'' tab 
• Click on ''Common Recruitment Process for Probationary Officers/ Management Trainees X'' 
• Find the online registration link 
• Start filling the IBPS PO application forms by entering all the details 
• Pay the prescribed application fee
• Upload the scanned photograph and signature
• Submit the IBPS PO application form 
• Download the application form and take a printout for future reference. 

IBPS PO Application Fee 2020

Candidates have to pay the application fees/intimation charges to complete IBPS PO online application process. IBPS PO application fee should be paid between August 5 and 26, 2020 inclusive of both dates. Candidates should bear the bank transaction charges for online payment.  

IBPS PO Exam Pattern 

The IBPS PO Online Exam Pattern will be held in two phases, i.e. Online Preliminary and Online Main. A candidate who will qualify in Online Preliminary examination and shortlisted will have to appear for an Online Main examination. Therefore shortlisted candidate in the Online Main examination will subsequently be called for a Common Interview to be conducted by the Participating Organisations and co-ordinated by the Nodal Bank.

Later, shortlisted candidates will be provisionally allotted to one of the Participating Organisations keeping in view the spirit of Govt. Guidelines on reservation policy, administrative convenience, etc.

Who is a Probationary Officer (PO) In Bank?

An employee who is newly recruited as an officer at an entry-level position or a junior level cader is called PO. PO has to serve a probationary period for at least 2 years, during which he/she undergoes training in handling various roles, responsibilities and functions in different departments of a particular bank.

After the completion of the probationary period, PO would be designated Assistant Manager.

Job Roles

The PO would be assigned to work in several departments based on the directions of the senior manager. Handling General banking and bank administration would be the prominent role of a PO. In order to supervise various issues, PO is expected to have good communication skills and ability to resolve conflicts. Following are some of the major responsibilities of a Probationary Officer:

Customer Service: Ensuring service to customer forms a vital part of service. Thus, a PO who is into the designated post should provide the necessary information with complete details. For instance, information about opening a new account, deposits, ATM cards, loans, chequebooks, receipts, discrepancies in accounts, rectification of undue charges etc.,

Promoting Business: Fetching new business by promoting bank products to enhance customer list is a vital responsibility. For eg: Handling fixed Deposits, insurance policies, Credit cards, Mutual funds etc. PO may also be responsible to meet the set targets or deadlines.

Cash Flow: Cash disbursal and collection of cash are generally done by the cashier. PO has to take charge of cash transactions during increase inflow of customers or clerk's absence. PO will also be trained with software skills to make the transactions easy and fast.

Clearing Payments: Payment clearance through cheques, DD, NEFT and RTGS need to clear by the PO when it is beyond a certain amount.

Verification of Reports: It is a work =done at the end of the day wherein PO has to look into core banking and check all the reports of the day. In this case, PO has to generate the reports of transactions of the day without mismatch. Report verification include deposits, withdrawals, ledger balance, etc.

Official Communication: PO may also be in charge of answering all the official emails. Thus, the PO does not have any specific job description instead required to get acquainted with all the job roles during the probation period.

Pay scale

The pay scale of a PO ranges between Rs. 23,700 - Rs. 30,560, while the actual salary would be Rs. 35,000 - Rs. 38,000/- per month (depends on the location)