IBPS PO Salary

IBPS PO Salary 2020: An IBPS PO gets a handsome salary along with a dozen of perks and benefits which in turn tempts the govt. job aspirants to apply for this job. All the information provided here is given as per the latest IBPS PO 2020 Notification. Here we are discussing the IBPS PO Salary, Job Profile, Career Growth, and Promotion Policy of an IBPS PO.

IBPS PO Salary 2020

The IBPS PO Notification 2020  has been released. The appointed candidates for the IBPS PO post will be placed in the Junior Management Grade Scale 1or JMGS-I. The JMGS 1 term is generally used to refer to the officers who have just entered the Officer Cadre after promotion from the Clerical Cadre.

The IBPS PO Pay Scale will be Rs. 23700-980/7-30560-1145/2-32850-1310/7-42020.

Type of Pay Amount
Basic Pay
  • Rs 23700/- ( Increment in 4 stages-
  • Salary after 1st Increment- Rs. 30560/-
  • Salary after 2nd Increment-Rs. 32850/-
  • Salary after 3rd Increment- Rs. 42020/-
Special Allowances Rs 18, 36.75
Dearness Allowances 40% of the basic pay(Varies based on inflation rates)
City Compensatory Allowances Rs 870
House Rent Allowance Rs 2133
Gross with HRA Rs 38, 703.38
Medical Aid Rs 8000
Entertainment Rs 500
Newspaper Rs 300
Petrol Rs 3000
Telephone Rs 400
Canteen Subsidy Rs 400
Pension Contribution Rs 25000
Gross Annual CTC(with HRA but without leased accommodation) Rs 5, 57, 640

IBPS PO Salary: Increment

There is a provision of timely increment of the pay of the IBPS PO officer as given below:

Increment Percentage Basic Pay Gross Salary
15 % Rs.26,706/- Rs.37,068/-
20 % Rs.27,866/- Rs.38678/-
25 % Rs.29,026/- Rs.40,288/-
30 % Rs.30,187/- Rs.41,899/-

As mentioned, a basic salary of Rs 23,700 is paid. Additionally, other allowances such as Dearness Allowance(DA), House Rent Allowance(HRA), City Compensatory Allowance (CCA), and Special Allowances are also there. An annual increment of Rs 980 for 7 years is paid.

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IBPS PO Salary In India After Bipartite Settlement

Wage revision in public sector banks is held place every five years. The 11th bipartite settlement is due from November 1, 2017. Bank PO salaries revision takes place on the basis of bipartite settlement. Therefore, for IBPS PO 2020 the salary will be decided on the basis of the 11th Bipartite Agreement.

IBPS PO Salary Slip

Here we have shown the salary slip of an employee for the IBPS PO Post.

IBPS PO Perks And Allowances

As said earlier, it is not just the salary that is the tempting force, but it is also the Perks and Allowances that one receives as an IBPS PO. The following are the perks that is enjoyed by an IBPS PO:

  1. Leased Accommodation – This benefit is dependent upon the place of posting and is available to the bank officers. Some banks provide official bank accomodation/bank quarters instead of leased housing.
  2. Travelling Allowance – Most banks provide a fixed Traveling Allowance and reimbursement of petrol bills.
  3. Medical Aid – Revised price is Rs 8000/- p.a. This is the amount for the medical needs of the employee.
  4. Newspaper Reimbursement: A fixed monthly amount for newspaper service.
  5. Coverage under New Pension Scheme

IBPS PO Job Profile

IBPS PO is one of the reputed jobs in the banking sector and provides many lucrative offers to the employees. Probationary Officer is trained for multiple operations such as finance, accounting, billing, investment, revenue collection, etc. during his/ her probation period to acquaint them with the banking procedure.

1. Resolving customer queries of the branch

2. Maintaining and supervising regular branch activities

3. Public relations and addressing issues and grievances of customers

4. Directing daily transactions of customers and processing loan(s) detail

5. Bringing new businesses to the bank branch

IBPS PO Salary: IBPS PO Promotion

The stages of promotion for an IBPS PO is given below.

  1. Middle Manager – Middle Management Grade Scale 2
  2. Senior Manager – Middle Management Grade Scale 3
  3. Chief Manager – Senior Management Grade Scale 4
  4. Assistant General Manager – Senior Management Grade Scale 5
  5. Deputy General Manager – Top Management Grade Scale 6
  6. General Manager – Top Management Grade Scale 7
  7. Executive Director
  8. Chairman and Managing Director

Participating Bank For IBPS PO 2020

The participating banks for the IBPS PO 2020 are given below.

Banks Participating In IBPS PO 2020
1.Bank of Baroda
2.Bank of India
3.Bank of Maharashtra
4 Canara Bank
5. Central Bank of India
6. Indian Bank
7. Indian Overseas Bank
8. Punjab National Bank
9. Punjab & Sind Bank
10. UCO Bank
11. Union Bank of India

You can apply for other Bank Jobs that offer a handsome salary.

IBPS PO Salary 2020: FAQ’s

What is the basic pay for an IBPS PO?
Ans. The basic pay of a Probationary Officer is Rs.23,700.

What are the perks of an IBPS PO?
Ans. As an IBPS PO, the employee is entitled to get medical facility, newspaper allowance, Travel Allowances, HRA, DA, and other allowances.

What is the highest post at which a person becomes as an IBPS PO?
As an IBPS PO, the employee may get promoted to the rank of Chairman and Managing Director.

How many times does the IBPS PO Exam take place?
Ans. IBPS PO Exam is held annually.

 

IBPS PO 2020 Recruitment

IBPS PO 2020 Notification Out: The Institute of Banking Personnel Selection (IBPS) has released the IBPS PO 2020 Notification for the post of Probationary Officers (PO). The candidates can apply online from 5th Aug to 26th August 2020. The IBPS PO Preliminary Exam will be conducted on October 3, 10, and 11, while the results will be declared in November. A total of 11 banks will be participating this year for 1417 (Revised) Vacancies of IBPS PO 2020.

The candidates can read about the IBPS PO 2020, Exam Dates, Eligibility Criteria, IBPS PO 2020 Online Form, Syllabus, Exam Pattern, Cut off for the previous years, Salary,  Preparation Tips, Study Materials on this page.

IBPS PO 2020 Notification PDF

IBPS PO 2020 Notification was released on 4th August 2020. The Official Notification PDF for the IBPS PO Exam, apply online date, exam date is available here as it has been released by the conducting body IBPS on its official site which is www.ibps.in. The IBPS PO 2020 Online Application link has been activated on www.ibps.in/ The IBPS PO Notification PDF is given below for 2020-21.

IBPS PO 2020 Exam Date

IBPS has declared the exam date of Probationary Officer, well in advance as per the IBPS Calendar 2020. With the release of the calendar, the IBPS PO exam date has been scheduled for 3rd, 10th & 11th October 2020.

IBPS PO Exam 2020 Activity Date
IBPS PO Notification 2020 4th August 2020
On-line registration (Modification, Online Payment) Starts From 5th August 2020
On-line registration (Modification, Online Payment) Ends on 26th August 2020
Download of call letters for Pre- Exam Training September 2020
Conduct of Pre-Exam Training 21st to 26th September 2020
IBPS PO Preliminary Admit Card Release Date October 2020
IBPS PO 2020 Preliminary Exam Date 3rd, 10th & 11th October 2020
IBPS PO Preliminary Result Date October/ November 2020
IBPS PO 2020 Mains Exam Date 28th November 2020
IBPS PO Mains Result Date December 2020
Conduct of interview January / February 2020
IBPS PO 2002 Provisional Allotment April 2021

IBPS PO 2020: Exam Highlights

IBPS PO 2020 is one of the most awaited Banking exams, for which a huge number of vacancies are released. Check out the highlights of the IBPS PO Exam.

Organization Name Institute of Banking Personnel Selection (IBPS)
Post Probationary Officer (PO)
Vacancies 1417 (Increased)
Online Application Start Date 5th August 2020
Closing Date 26th August 2020
IBPS PO Exam Date (Prelims)
  • 3rd October 2020
  • 10th October 2020
  • 11th October 2020
Category Bank Jobs
Selection Process Prelims, Mains & Interview
Education Qualification Graduate from a recognized University
Age Limit: 20 years – 30 years as on August 1, 2020
Application Mode Online

Register Here for IBPS PO 2020 Study Material and Updates

Click here to Check IBPS PO Cut Off

IBPS PO 2020: Vacancy (Revised)

The number of vacancies under the IBPS PO is given below. There has been a major decline in the no. of vacancies this year. Out of the total 11 banks that are participating in the IBPS 2020 Recruitment, only three banks have notified the vacancies. The vacancy details for the other banks is not reported (NR) as of now.

The IBPS Vacancy has been increased from the earlier vacancy which was 1167.

Available Vacancies for IBPS PO 2020-21: 1417 (New)

Available Vacancies for IBPS PO 2019-20: 4336

Available Vacancies  for IBPS PO 2018-19: 4252

IBPS PO 2020: Eligibility Criteria

A candidate who wants to appear for the upcoming year’s exam should check that they fulfil the criteria required. Also, consider the age relaxation provided. The Eligibility Criteria for IBPS PO Exam includes the following conditions to be fulfilled:

  1. Nationality- The applicant could be:
    A Citizen of India
    The subject of Nepal or Bhutan
    Tibetan refugee who is permanently settled in India prior to January 1, 1962
    Person of Indian origin who has migrated from either Pakistan, Sri Lanka, Burma, Vietnam, Ethiopia, Kenya, Malawi, Tanzania, Zaire, or Zambia with the intention of residing in India permanently.
  2. Academic Qualification-
    An applicant possessing a graduate degree (such as BA, BCom, BSc, B.Tech) from a recognized university. Please note that the degree or marks should be obtained on or before the date(to be issued).
    Also, candidates possessing degree equivalent to the mentioned qualification are also eligible.
  3. Knowledge of Computers-
    As the exams are now conducted online, candidates need to know the basic working of the computer.
  4. Language Proficiency- Verbal and written knowledge of the state/ UT is desirable.
  5. Age Limit- An applicant should be between the age of 20 years but less than 30 years as on August 1, 2020.
The age relaxation for the candidates for IBPS PO 2020 is as follows:
Category Age relaxation
General Candidates 0 years
Scheduled Caste 5 years
Scheduled Tribe 5 years
Other Backward Classes- Non -Creamy Layer (OBS – NCL) 3 years
Persons with Disability 10 years
Ex-Servicemen, Commissioned Officers (including Emergency Commissioned Officers, and Short Service Commissioned Officers) who served more than 5 years and resigned on the conclusion of the assigned project. 5 years
Persons ordinarily domiciled in the J&K from January 1st ,1980 to December 31, 1989 5 years
Candidates affected by the 1984 riots 5 years

Ensure that the eligibility is fulfilled in all aspects to get this particular government job.

IBPS PO 2020 Application Fee

The application fee for IBPS PO is given below. Bank Transaction charges for Online Payment of application fees/ intimation charges will have to be borne by the candidate

Sr. No. Category IBPS PO Application Fee
1 SC/ST/PWD Rs. 175/-
2 General and Others Rs. 850 /-

Documents To Upload For IBPS PO 2020

Applicants need a few documents to upload to complete the Application procedure. A scanned copy of enlisted documents is needed to be uploaded as given below.

Documents Dimensions (pixels) File Size (KB) Type
Photograph 200 x 230 20- 50 JPG /JPEG
Signature 140 x 60 10-20 JPG /JPEG
Left Thumb Impression 240 x 240 20 – 50 JPG /JPEG
Hand Written Declaration 800 x 400 50 – 100 JPG /JPEG

IBPS PO 2020 Online Application Form

The online link to apply for IBPS PO has been given below for IBPS PO 2020. The candidates can apply online until 26th August 2020.

IBPS PO 2020: Selection Process

The candidates will be appointed on the basis of their performance in the three stages of the IBPS PO Exam 2020. There are three stages of IBPS PO Exam.

  1. Prelims Exam
  2. Mains Exam
  3. Interview

The candidates will have score a section cut-off as well as an overall cut-off. The selection process requires the qualification of each stage in order to get finally selected. The prelims round is qualifying while the mains exam requires the minimum cut-off marks to appear for the interview round. Interviews will be conducted by the participating organisations and coordinated by the Nodal Bank in each State/ UT. The interview round holds 100 marks.

ibps-po

IBPS PO 2020: Exam Pattern

Exam pattern is the detail of the examination covering the question type, sections of the exam, duration of the exam, number of questions asked. The IBPS PO Exam consists three stages:

IBPS Probationary Officer 2020
 Stage Marks Type of Questions
Prelims 100 Objective (MCQ)
Final 200 + 25 Objective (MCQ)
Except for English Descriptive Paper
Interview 100 Verbal

IBPS PO Prelims Exam Pattern

The prelims exam consists of a total of 100 questions with a time duration of 60 minutes. Question type remains Multiple Choice questions. There is a negative marking of 0.25 marks in the exam for each wrong answer. This round is only qualifying in nature.

S.No. Name of Test No. of Questions Maximum Marks Duration
1 English Language 30 30 20 minutes
2 Quantitative Aptitude 35 35 20 minutes
3 Reasoning Ability 35 35 20 minutes
Total 100 60 minutes

IBPS PO Mains Exam Pattern

Questions type are again Multiple Choice with a slightly higher difficulty level. The Number of questions and the duration of the exam is higher. There is a negative marking of 0.25 for every incorrect answer. Refer to the table for a brief of exam pattern for mains:

S.No. Section Name No. of Questions Maximum Marks Duration
1 Reasoning & Computer Aptitude 45 60 60 minutes
2 English Language 35 40 40 minutes
3 Data Analysis & Interpretation 35 60 45 minutes
4 General Economy & Banking Awareness 40 40 35 minutes
Total 155 200 3 Hours
5 English Language (Letter Writing & Essay) 2 25 30 minutes

IBPS PO Interview

The interview is the final stage of IBPS PO Exam.

  • Candidates qualifying with good marks in Prelims and mains will finally be appearing for the interview process.
  • The interview round is of 100 marks.
  • The final score is calculated by IBPS with weightage of marks given to the main examination and interview the ratio of 80:20 respectively.

IBPS PO 2020 Syllabus

Syllabus of IBPS PO Exam consists of a general test of the candidate for their logical and general knowledge. An extensive range of topics is covered in the syllabus for a probationary officer. These topics are broadly classified as Reasoning, Quantitative Aptitude, and General Awareness. The syllabus of each phase of the exam is different in the aspects of its difficulty level.

The topics are described below:

1. Reasoning

This section of exam comprises of questions that a candidate can relate as per his thinking in a logical manner. Refer to the given topics:

Seating Arrangement Syllogism Input-Output Coding-Decoding Alphanumeric Series Ranking/Direction/Alphabet test Data sufficiency Puzzle Logical Reasoning

2. Quantitative Aptitude

Also known as Quant, consist of mathematical/ numerical ability of the candidate up to a basic level(school level). The topics include:

Simplification Number Series Ratio & Proportion Percentage & Averages Profit & Loss Mixtures & Allegations Simple Interest & Compound Interest Work & Time Time & Distance Sequence & Series Quadratic Equation Permutation & Combination

3. General Awareness (GA)

GA questions are for the testing of knowledge of the current worldly knowledge possessed by the candidates and how much he/she is updated about them. Check the following topics for IBPS PO GK Syllabus:

Banking & Financial Awareness Current Affairs Static GK

IBPS PO 2020 Admit Card

The Admit Card for IBPS PO 2020 will be released for each phase of the exam. The call letter is an important document for the entry of the candidates into the exam hall. Without it, candidates are not permitted to give the exam. The IBPS PO Pre Training Call Letter will be released in the month of September 2020 while the Prelims Call Letter will be released in October 2020.

Click here to Download IBPS PO 2020 Admit Card

For the reserved category candidates, there is an arrangement of pre-exam training. It is for the candidates to make them thorough with the recruitment process. This is going to be conducted in the month of September 2020. The training does not require any fee. Candidates belonging to SC/ ST/ Religious Minority Communities are eligible for the Pre-exam Training.

IBPS PO Result

IBPS PO Result is to be announced after each phase of the exam. The result is followed by the scorecard, where candidates can check their marks scored in each phase. Refer to the link for checking the result.

Click here to Check IBPS PO Result

Normalization of Scores- This is a common practice in case of government exams. Through this, the difficulty level is brought to a normal level so that the cut off can be prepared. This is done using the equi-percentile method

Click here to Check IBPS PO 2020 Score-Card

IBPS PO Exam Centre

A separate call letter is issued to the candidates for this pre-exam training that is conducted in various centres across India. The list of centres included are:

North India South India East India West India
Agra Bengaluru Agartala Ahmedabad
Allahabad Chennai Balasore Aurangabad
Amritsar Coimbatore Behrampur (Ganjam) Bhopal
Bareilly Gulbarga Bhubaneshwar Indore
Chandigarh Hyderabad Dhanbad Jabalpur
Dehradun Kavaratti Guwahati Jaipur
Gorakhpur Kochi Hubli Jodhpur
Jammu Madurai Kolkata Mumbai
Kanpur Mangalore Muzaffarpur Nagpur
Karnal Mysore Patna Panaji (Goa)
Lucknow Port Blair Ranchi Pune
Ludhiana Puducherry Sambalpur Raipur
New Delhi Thiruchirapalli Shillong Rajkot
Patiala Thiruvananthapuram Siliguri Vadodara
Rohtak Vijaywada Tirupati
Shimla Vishakhapatnam
Varanasi

IBPS PO 2020 Salary

Salary holds a lot of importance in the life of an IBPS PO candidate. With high perks and bonuses, a candidate gets lured for the given post. Hence, the payscale, structure of salary, in-hand salary, perks and profile of the job is a piece of important information. The details of the salary are provided:

  • 23700 – (980 x 7) – 30560 – (1145 x 2) – 32850 – (1310 x 7) – 42020.
  • It means Basic Salary of IBPS PO after 7 Years – Rs 30,560 Basic Salary of IBPS PO after 7 + 2 Years – Rs 32,850 Basic Salary of IBPS PO after 7 + 2 + 7 Years – Rs 42,020
  • Allowances include Dearness, CCA, HRA, Medical Aid

Click here for IBPS PO Salary 2020

IBPS PO Cut Off

Cut Off is the minimum marks that is required by any candidate to score in order to be shortlisted to appear for the Interview and thereafter for the final recruitment.

  • Each candidate will be required to obtain a minimum cut-off score in each test of IBPS Main examination online and also a minimum total score to be considered to be shortlisted for an interview.
  • Depending on the number of vacancies available, IBPS PO cut-offs will be decided and candidates will be shortlisted for IBPS interview.
  • The final appointment will be made on the basis of the marks secured in the IBPS PO Mains Exam and th scores obtained in the Interview.
  • Prior to the completion of the IBPS interview process, scores obtained in the online Main examination will not be shared with the candidates shortlisted for the interview.

Given below is the IBPS PO cut off marks for preliminary exam 2019-2

Click here to Check IBPS PO Cut Off 2019 (Previous Year)

IBPS PO 2019-20 Prelims Cut-Off

Subjects English Language Quantitative Aptitude Reasoning Ability Total
Maximum Score 30 35 35 100
Cut Off Score
EWS/UR
10.50 8.75 10.25 59.75
Cut Off Score
SC/ST/OBC/PWBD
6.50 5.25 6.50

IBPS PO Prelims 2019-20 Category-wise Cut-Off

Category Cut Off Marks
General 59.75
OBC 59.75
SC 53.50
ST 46.25
EWS 59.75
HI 21.25
OC 44.50
VI 52.25
ID 20.75

IBPS PO Mains 2019 Cut Off

Serial No. Subject Maximum Marks Cut Off (SC/ST/OBC/PwD) Cut Off (General)
1. Reasoning & Computer Aptitude 60 05.50 07.75
2. English Language 40 10.75 14.25
3. Data Analysis & Interpretation 40 02.50 05.25
4. General Economy & Banking Awareness 40 05.00 08.00
5. English Language (Descriptive) 25 08.75 10.00

IBPS PO Mains Cut Off 2019: Category Wise

Category IBPS PO Mains Cut Off
(Out of 225)
GENERAL 71.25
EWS 65.88
OBC 70.25
SC 55.63
ST 38.13
HI 41
OC 46.13
VI 70.50
ID 45.88

IBPS PO Final Cut Off 2019: (Mains + Interview)

Category SC ST OBC EWS UR OC VI HI ID
Maximum Scores 47.07 50.80 50.22 48.98 60.58 46.38 53.16 42.33 42.04
Minimum Scores 36.02 33.24 40.27 40.82 44.44 36.00 42.18 26.36 28.80

How to Prepare for IBPS PO?

Every year, lakhs of candidates apply and get recruited in government jobs including Banking, which forms a crucial part of the government exams. There are some govt organizations that conduct exams annually, bi-annually, and sometimes more. To Prepare a Bank Exam, especially IBPS PO, one has to be aware of all the vacancies that released.

The next step should be to know about the previous year trend of the questions asked along with the exam pattern of the particular exam. You can visit Bankersadda to get study material, question papers of previous years as well as mock test papers.

Make a list of topics for the exam you’re appearing for, using the syllabus. After this, you must list down the topics you need to devote time in decreasing order.

With this, you can divide your time schedule in order to inculcate topics daily. Try making a checklist while you are studying.

Preparation should involve completing all the tasks (topics) in a complete manner, wherein at the end, you are able to answer all types of questions of each level. The difficulty level of the exam needs to be covered too.

You should also know that your confidence will be answering most of your problems. Don’t lose hope when you’re stuck or when you are taking too much time to complete a topic. Be positive and stay focused.

Remember, bank exam preparation does involve quality as there’s negative marking in most exams. So, the correct answers hold more importance/marks than the number of questions attempted and wild guesses do not work here. Be thorough with each topic you study and be consistent in your devotion and hard work.

IBPS PO 2020 FAQ’s

Q1. When will IBPS PO 2020 Exam be conducted?
Ans. The IBPS PO 2020 Prelims Exam will be conducted on 3rd, 10th & 11th October 2020. The mains exam is will be held on 28th November 2020.

Q2. What is the selection procedure for IBPS PO?
Ans. The IBPS PO will be held in three stages: Prelims, Mains, and Interview. The candidates will have to clear each stage to be eligible to be appointed as an IBPS PO.

Q3. I am a graduate with less than 60% marks. Can I Apply for IBPS PO 2020 Exam?
Ans. Yes, all graduates are applicable to apply for IBPS PO exam. There is no required percentage to apply for IBPS PO.

Q4. Can final year students apply for IBPS PO?
Ans. Yes. However, the degree must be before August 2020, or to be precise, before the Application Form fill-up date.

Q5. Is there any negative marking for IBPS PO?
Ans. Yes, there is negative marking for every wrong answer in IBPS PO 2020. 0.25 of the total marks allotted for that question will be deducted for marking a wrong answer.

Q6. What is the date to apply for IBPS PO 2020?
Ans. You can apply online for IBPS PO 2020 from 5th to 26th August 2020.

Q7. What are the no. of vacancies for IBPS PO 2020?
Ans. There are a total of 1417 vacancies for the IBPO PO 2020-21.

Q8. When is the IBPS PO Notification 2020 released?
Ans. IBPS PO Notification 2020 is released on 4th August 2020.

The much-awaited IBPS PO 2020 Notification has finally been released. Each year lakhs and lakhs of candidates apply to become an IBPS Probationary Officer. The candidates have to apply through the online mode only for which they have to fulfill the eligibility criteria laid down by the banks. The eligibility criteria of IBPS are certain factors that have been mentioned below:

  • Nationality

  • Age Limit
  • Educational Qualification


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IBPS PO Eligibility: Nationality

The IBPS PO Eligibility as per the Nationality/Citizenship of a candidate is given below. A candidate must be either –

  • 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

The candidates who are not the citizens of India i.e. for the categories (ii), (iii), (iv) & (v) above will have to produce a certificate of eligibility issued by the Government of India during the Bank PO interview.

IBPS PO Eligibility: Educational Qualification

All the educational qualifications mentioned should be from a University/ Institution/ Board recognized by Govt. Of India/ approved by Govt. Regulatory Bodies and the final result should have been declared on or before 26.08.2020.

  • 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.
  • The candidate must be in possession of a valid Mark-sheet / Degree Certificate that he/ she is a graduate on the day he/she registers and indicates the percentage of marks obtained in Graduation while registering online.

Points To Note For IBPS Educational Qualification

  • Proper document from Board / University for having declared the result on or before 26.08.2020 has to be submitted at the time of the interview. The date of passing the eligibility examination will be the date appearing on the mark-sheet or provisional certificate issued by University / Institute. In case the result of a particular examination is posted on the website of the University / Institute and web based certificate is issued then proper document/certificate in original issued and signed by the appropriate authority of the University / Institute indicating the date of passing properly mentioned thereon will be reckoned for verification and further process.
  • Candidate should indicate the percentage obtained in Graduation calculated to the nearest two decimals in the online application. Where CGPA / OGPA is awarded, the same should be converted into percentage and indicated in online application.

  • If called for interview, the candidate will have to produce a certificate issued by the appropriate authority inter alia stating that the norms of the University regarding conversion of grade into percentage and the percentage of marks scored by the candidate in terms of norms

Register Here for IBPS PO 2020 Study Material and Updates

Calculation of Percentage For IBPS PO 2020

The percentage marks shall be arrived at by dividing the total marks obtained by the candidate in all the subjects in all semester(s)/year(s) by aggregate maximum marks (in all the subjects irrespective of honors / optional/additional optional subject, if any) multiplied by 100. This will be applicable for those Universities also where Class / Grade is decided on the basis of Honours marks only. The fraction of percentage so arrived will be ignored i.e. 59.99% will be treated as less than 60% and 54.99% will be treated as less than 55%.

For extensive preparation of IBPS PO exam candidates must take Mock Tests, which will also help them analyze their preparation level.

IBPS PO Eligibility for EWS Category

Applicants not covered under the SC, ST, OBC categories, and have a gross annual income less than 8 lakh rupees are identified as EWS candidates i.e. candidates belonging to Economically Weaker Section. Such candidates are entitled to the benefit of a 10% reservation for the vacancies released by IBPS.

The income from all sources such as salary,  business, agriculture, profession, etc. will be included in revenue. This income will be the income from the financial year preceding the year of application.

However, any person or his family having possession of any of the below-mentioned assets will not be included in the EWS category, irrespective of his annual family income.

  1. 5 acres of Agricultural Land and above
  2. Residential flat of 1000 sq. ft. and above
  3. Residential plot of 100 sq. yards and above in notified municipalities
  4. Residential plot of 200 sq. yards and above in areas other than the notified municipalities

While applying for the property holding test to determine EWS status, the property owned in different locations by a particular “Family” is clubbed.

Candidates seeking to avail the benefit of EWS reservation for IBPS PO Selection Process Will have to produce an Income and Asset Certificate at the time of document verification and interview round issued by a Competent Authority in the prescribed format.

The term “Family” will include the person seeking the benefit of reservation, his parents, siblings below 18 years of age, spouse and children below 18 years of age.

IBPS PO Eligibility for PWD Category

As per the Government of India norms, persons with benchmark disabilities are eligible for reservation under section 34 of “The Rights of Persons with Disabilities Act, 2016”.

The categories of disabilities eligible to avail reservation under the Act is as follows:

  • Deaf and hard of hearing
  • Blindness and low vision
  • intellectual disability, autism, mental illness, and specific learning disability
  • locomotor disability including leprosy cured, cerebral palsy, dwarfism, muscular dystrophy, and acid attack victims

People with benchmark disabilities will be allocated the reserved vacancies as prescribed in the “The Rights of Persons with Disabilities Act, 2016” and as per vacancies reported to IBPS by Participating banks.

Directives for PwD using services of Scribe

Candidates whose writing speed is affected permanently or with minimum benchmark disability for any reason are allowed to use their own scribe during IBPS PO Exam 2020, but have to abide by certain rules mentioned below.

  • Candidates who wish to use the scribe services or are eligible for the same in the examination will have to apply for the services of scribe while filling the IBPS PO Application Form.
  • Scribe will have to be arranged by the candidates themselves and at their own cost.
  • Both candidate and scribe will have to submit an undertaking that all the stipulated eligibility conditions mentioned for the scribe is fulfilled. Also, if, at any stage of the exam, it is found that the scribe did not fulfil any of the eligibility criteria prescribed or suppresses material facts then the applicant’s candidature will be canceled, irrespective of the result of the CRP.
  • The scribe arranged by the candidate may be from any educational background but should not be any candidate for the online examination under (CRP-PO/MT-IX)
  • Scribe used by the candidate is eligible for compensatory time of 20 mins or otherwise recommended for the full hour of the examination.

Since compensatory time given to candidates shall be a system based process, therefore, only candidates who register for the same will be allowed such concessions.

Directives for candidates with Cerebral Palsy and Locomotor Disability 

Candidates with a minimum of 40% Cerebral Palsy and Locomotor Disability where dominant extremity i.e. writing is affected to the scope where it may slow down the performance will be permitted a compensatory time of 20 min/hr or otherwise advised.

Directives for candidates having Intellectual Disability

Candidates will be provided a compensatory time of 20 min/hr of the exam only if they are more than 40% Intellectually Disabled, mentally ill, Autistic or have Specific Learning Disability, irrespective of availing the Scribe services.

Directives for Visually Impaired candidates

The Visually Impaired candidates suffering from 40% or more disability may opt to view the contents of question paper in magnified font and will be eligible for compensatory time of 20 min/hr otherwise advised. Only the visually impaired candidates who are not using the services of scribe will be permitted to avail the facility of viewing the contents of the test in the magnifying font.

IBPS PO Eligibility: Age Limit

The age limit plays an important factor while filling up the IBPS PO 2020 Online Form.

IBPS PO Age Limit
Age
IBPS PO Age Limit- Maximum 30 years
IBPS PO Age Limit- Minimum 20 years

The exemptions related to the IBPS PO Age Limit for the following category of candidates is given below:

IBPS Age Limit: Category

Age Relaxation

SC/ ST (Scheduled Caste/ Scheduled Tribe) 5 years
OBC (Other Backward Classes – Non-Creamy Layer) 3 years
PwD (Persons With Disabilities) 10 years
Ex-Servicemen, Commissioned Officers which inlcudes
Emergency Commissioned Officers (ECOs)/ Short Service Commissioned Officers (SSCOs). These candidates must have gained at least 5 years of military service and have been released on completion of the assignment (including those whose assignment is due within a year
5 years
Persons originally domiciled in Jammu and Kashmir
from January 1, 1980 to December 31, 1989
5 years
Persons affected by 1984 riots 5 years

Note:

  • Candidates seeking age relaxation will be required to submit necessary certificate(s) in original/ along with photocopies at the time of Interview and at any subsequent stage of the recruitment process as required by IBPS/ Participating Organisation(s).
  • There is no reservation for Ex-servicemen in Officers’ Cadre.

IBPS PO 2020: FAQs

Q. What is the age limit to apply for IBPS PO 2020?

Ans. The minimum age limit is 20 years and maximum age limit is 30 years to apply for IBPS PO 2020. However, age relaxation is provided for a certain categories of candidates.

Q. Can the candidates who are in their final year of Graduation and are waiting for the result can apply for IBPS PO?

Ans. No, the candidates need to have their mark sheets to enter the marks while filling the online application of IBPS PO 2020.

Q. I have obtained 50% in my Graduation. Can I apply for IBPS PO?

Ans. Yes, you can apply.

Q. Do I need to round off the percentage obtained in graduation while filling up the online application for IBPS PO?

Ans. Yes, you have to round off the percentage obtained.The fraction of percentage so arrived will be ignored i.e. 59.99% will be treated as less than 60% and 54.99% will be treated as less than 55%