Bank Probationary Officer (Bank PO): This is a managerial position in a bank. After the essential 1 to 2-year training, candidates are designated as Assistant Managers (AM) or Deputy Managers (DM). Starting Salary as a Bank PO ranges from Rs. 30,000 - Rs. 40,000, depending upon bank to bank and location of posting.

Special Batches for IBPS PO 2015-16

To work as a manager in the banking industry, the first stepping stone is becoming a Probationary Officer (PO). A PO starts as a trainee officer in the Junior Management Grade Scale (JMGS) of the bank and can rise to the highest levels, becoming a General Manager, an Executive Director or even the Chairman of the Bank.
Various nationalized and Private banks conduct their own PO exams to recruit candidates. While different banks may have their own eligibility and selection criteria, the broad prescribed format is as listed below.

PSBs – CWE PO/MT-V and CWE CLERK-V

The Common Written Examination, conducted by the IBPS (Institute of Banking Personnel selection), is one of the most important exams for those who seek a career in banks in India. The CWE is the first step in the recruitment process for Management Trainees, Bank Probationary Officers, Specialist officers and Clerks for 19 Public Sector banks and Regional Rural banks. The participating banks (in the CWE) include premier banks like Bank of Baroda, Corporation Bank, Union Bank of India, etc..

It has been decided by the competent authority to hold two-tier examinations for recruitment of PO/MT and Clerks from CWE-V onwards i.e(TIER I and TIER II). All the candidates who successfully register themselves under CWE PO/MT-V and CWE CLERK-V will be called for Preliminary Examinations. Based on the performance in the preliminary examination, certain number of candidates will be shortlisted for each of these examinations. The short listed candidates will then be called for Main Examinations. There will be fewer number of questions in the Preliminary Examination with shorter duration. The details with regard to both the Preliminary and Main examinations will be made available on IBPS website through the detailed notifications in due course.

The marks obtained in the Preliminary examination will not be considered for preparing the final merit list and the marks obtained in the Main Examination will only be considered for short listing for interview.

Process of Registration

The registration process will be through online mode only and there will be a single registration for both Preliminary and Main examination, wherever applicable. Mode of Payment Mode of payment of fees/intimation charges will be only online and the channels for online.

Eligibility

Any graduate within the age group of 21 to 30 years is eligible for the CWE. For candidates from reserved categories, relaxation in the upper age limit is available.

Written Test Pattern

This 2-hour test consists of 200 questions (1 mark per question, 1/4th negative marking for wrong answers) – 50 from Reasoning, 50 from Quantitative Aptitude, 40 from English Language, 40 from General Awareness and 20 from Computer Knowledge.

Selection Process

All candidates who aspire for bank PO posts need to appear for the CWE (PO/MT) and secure the minimum qualifying marks (or higher) in order to get their scorecards. After getting their scorecards, candidates must apply to the various banks that they are interested in. Each bank may then conduct further selection processes, such as Group Discussion, Interviews, etc., separately.

Specialist Officers (SO): Banks also hire candidates for specialist profiles like – IT Officer, HR Officer, Marketing Officer, Finance Officer, Law Officer, Agriculture Officer etc. Usually, the grade and the starting salary of Specialist Officer is in the same range as Probationary Officers.

Process of Registration :-

The registration process will be through online mode only and there will be a single registration for both Preliminary and Main examination, wherever applicable. Mode of Payment Mode of payment of fees/intimation charges will be only online and the channels for online.

Eligibility :-

• Age should be 21 - 30 years (add +3 yrs for OBC, +5yrs for SC/ST, +10yrs for PWD)
• Must have completed graduation in any of the following streams:

Exam Pattern :-

Selection Process :-

IBPS had decided a fixed criteria for selection of candidates under IBPS SO 2017. All the applicants who are interested in the aforementioned posts will have to undergo a online exam followed by personal interview to be shortlisted at the selected posts. The candidates who qualify the online CWE of IBPS SO will be eligible to appear for the personal interview.

About IBPS Clerks Job: As the name suggests, this is a clerical position in the bank and this can be considered as entry level job in a bank. Salary of a Bank Clerk is generally in the range of Rs. 20,000-25,000 depending on bank to bank and posting location.

About IBPS Clerk Exam: It is a common exam conducted by Institute of Banking Personnel Selection (IBPS) for 20 PSU Banks for the recruitment of Clerical Cadres.

Age Limit – All Interested students first check their age which is compulsory in between 20 to 28 years

Eligible Candidates can require filling Online Application form of IBPS Clerk 2017 via IBPS website.

Selection Process – All of the participants will be selected by their score card of Common Written Examination (CWE). Qualify candidates will be called for document verification and will get appointment letters.

NABARD AM Exam – National Bank for Agriculture and Rural Development Assistant Manager Exam acronym as NABARD AM exam is conducted by the bank for recruitment of Assistant Manager (AM) Grade-A and Grade- B (RDBS)/(Rajbhasha)/(Legal) and Manager (RDBS).

ELIGIBILITY

Educational Qualification

For Assistant Manager in Grade A (RDBS)

Aspiring candidate should have a Bachelor’s degree with 50% marks.

For Assistant Manager in Grade A (Rajbhasha)

Second class master’s degree with Hindi/English/Commerce/Economics/Sanskrit as one of the main subject with Hindi/English as one of the main subject at Bachelor’s level.

AND

At least 3 years’ experience (2 years for SC/ST) in coining Glossary or 
English to Hindi Translation or vice versa in any National or State level weekly newspaper or any government/ semi government office or any autonomous body under taking it.

For Assistant Manager in Grade A (Legal Services)

Bachelor’s degree in Law with at least 50% marks recognized by Bar Council of India, or Master’s degree in Law with 45% marks or equivalent on aggregate in all the semesters.

For Assistant Manager in Grade A (Protocol and Security Services)

Candidate should have 5 years of service as a commissioned officer in any of the defense services.

Age Limits:

Candidates age should be between 21 & 30 years for Asst Manager (Gr-A) & Manager (Gr-B), 25 & 40 years for Asst Manager (Gr-A) in Protocol and Security Service as on 30-11-2015.

Age Relaxations are applicable as per the rules.

EXAM PATTERN

NABARD Assistant Manager Exam consists of three stages i.e

Stage: 1

Preliminary Examination will be an Online Exam having 200 objective multiple choice type of questions carrying 200 marks and to be completed in a composite 130 minutes.

1.     Quantitative Aptitude - 50 marks

2.     Test of Reasoning - 50 marks

3.     English Language & Computer Awareness - 60 marks (30 each)

4.     General Awareness - 40 marks

Stage 2

Main Examination will be descriptive type of exam having following papers

• Paper 1: General English: (Common for AM (RDBS), AM (Rajbhasha), AM (Legal) and Manager (RDBS)
• Paper 2: Main Examination (Descriptive)

Stage 3:

Interview: Applicants qualifying in the phase-II examination and securing sufficiently high rank in the merit shall be short-listed for the interview.

Important: Candidates are required to qualify all three papers

LIC:- LIFE INSURANCE CORPORATION OF INDIA (LIC) was established on September 1st 1956 under an Act passed by the Parliament as a wholly owned Corporation of Government of India with a capital of Rs. 5 Crores The Government of India in 1956 brought together over 240 private life insurers & provident societies under one nationalized monopoly corp i.e., LIC.

Eligibility Criteria

For Officer’s Position the candidate should have a Bachelor's/Master's Degree from a recognized Indian or Foreign University with a minimum of 50% marks (relaxable in the case of SC /ST candidates to 40%) in aggregate in either of the degrees.

Candidates for appearing LIC Officers Exam must be between 21 to 28 years on the 1st April of the year of examination. Upper age limit is relaxable for Scheduled Castes, Scheduled Tribes, confirmed LIC employees, etc.

Paper Pattern:- The selection procedure for Officer’s/ Development Officer’s post takes place in two stages, namely:-

Stage A: Written Test

Syllabus for the written test for is as follows: 

1. Test of Reasoning 
2. Test of English Language
3. Test of Numerical Ability
4. Test of General Knowledge

Stage B: Personal Interview: - The candidates who successfully pass the written examination would be called for the Interview to finalize the selection procedure.

GIC:- GENERAL INSURANCE CORPORATION (GIC).The GIC was formed as a Government Company under Sec 9 of the General Insurance Business (Nationalization) Act, 1972. It was registered as a private company under the Companies Act, 1956.

Eligibility Criteria: -

For Officer’s Position the candidate should be a Graduate/ postgraduate with 50% marks (relaxable in the case of Scheduled Castes/Tribes at 40%).

He/she should be 21-30 years on 1st October of the year previous to the year of examination (relaxable in the case of SC/ST/OBC, ex-servicemen and serving confirmed employees of G.I.C).

For Assistant’s Position the candidate should have cleared Higher Secondary (Senior Secondary) with 60% marks or a Graduate of a recognized University.

He/she should be 18 to 28 years on the first June of the year of examination.

Paper Pattern:-The selection procedure for Officer’s/ Assistant Officer’s post takes place in two stages, namely:-

A) Written Test

B) Personal Interview

Same as LIC.

Note: - The paper is generally bilingual (English and Hindi) except for English section. For GIC Assistant officer’s post a separate descriptive paper is to be given, which includes questions as essay writing, comprehension, précis writing, etc.