About IBPS

The Institute of Banking Personnel Selection (IBPS) is an independent organization that recruits candidates for public and private sector banks of India. IBPS conducts yearly Common Written Exam (CWE) throughout the nation to find the talent for banking sector. It is worthwhile to note that the recruitment process offered by IBPS is accepted in not only private and public sector bank but also in regional rural banks, co-operative banks, and other reputed undertakings.

Earlier IBPS was an integral part of Reserve Bank of India and Public Sector banks, but in 1984, it became an autonomous agency. Since then, IBPS proudly holds the reputation of conducting examinations all over the nation for banking sector. The best of candidates are selected by a rigorous process of IBPS online examination in two steps. From the year 2015 onwards, CWE would be conducting first a preliminary exam, then a mains exam. A candidate has to successfully clear both the exams to appear for an interview.

The score card issued by IBPS is a validation that can be used for recruitment in following organizations,

  • Public Sector Banks: All the major banks which are functional in metro as well as two/ three tier cities select candidates based on CWE results.
     
  • Private Sector Banks: The leading banks of industry intakes new workforce with the help of IBPS. It is important to note that every nationalized bank is moving to accept the IBPS CWE as a mandatory standard.
     
  • Co-operative Banks: All the small and big-scale co-operative banks are recruiting candidates who qualify the IBPS exam.
     
  • Regional Rural Banks: The banks at rural areas have also accepted the standards to incorporate CWE standard for new recruits.
     
  • Central Financial Institutions: Many of the internal agencies enlisted in printing, securities and exchange board, Credit corporations and Insurance corporations too involve recruitment through IBPS.
     
  • Insurance Sector: The leading insurance companies operating in Indian sub-continent acting as a prestigious industry accept candidates through the CWE.
  • Government Departments: The departments that include treasury, statistics, provident funds, housing and area development, bank management, housing finances etc. also recruit candidates through IBPS.
     
  • Educational Institutes: Many of the central as well as state universities related to banking industry, management studies, co-operative management studies etc. also intake candidates through IBPS.

IBPS EXAMINATION

The CWE is held online every year, dividing marks and questions in distinct format. The recent update states that traversing from one section to another won’t be difficult. Earlier only sequential attempts were permitted, but now candidates can attempt questions from sections in non-sequential order too.

ELIGIBILITY FOR IBPS EXAM

The aspirants need to have a valid graduate degree for appearing in IBPS CWE. IBPS focuses on compulsory education level. There is a minimum (20) and maximum (30) age specified for aspirants. Relaxation for SC/ST/ Others also exist. There is relaxation approved by some banks that don’t adhere to strict age limits.

  • Education: Mandatory degree from a recognized university or equivalent qualification. For specialist officers and management trainee, special requirement has to be met.
  • For RRB’s: Proficiency in at least one local language is mandatory.

IBPS EXAM PATTERN

Each correct answer is weights for one mark and each wrong answer will 1/4 negative marking. The basic idea for question pattern is discussed as below:

Preliminary Exam Format (1 hour)

Topic

Marks

Quantitative Aptitude

35

Reasoning

35

English Language

30

 

Total 100

 

Mains Exam Format (2 hour)

Topic

Marks

Quantitative Aptitude

50

Reasoning

50

A) English Language

B) Hindi Language

40

40

General Awareness

40

Computer Knowledge

20


Total 200


The interview will be conducted after successful completion of the two exams. Call letter will be issued accordingly.

Applying for IBPS:

Aspirants can log in to the official website of IBPS (www.ibps.in) and apply accordingly. 


Step By Step Application Procedure for Common Written Exam

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