How to Fill IBPS PO 2017 Bank Preferences? Your Doubts Answered

The time has arrived for bank job aspirants to realize their dream of working in a public sector bank.With the IBPS PO 2017 online registration process now open for applying, candidates should fill their bank preference.Since many of you requested, were are explaining on how to choose IBPS PO bank preferences & why is it necessary for provisional allotment?

The IBPS PO 2017 notification was released recently by Institute of Banking Personnel Selection (IBPS) who are responsible for conducting common selection process for officer jobs in government banks.

PO Jobs only in 9 Banks

IBPS had published a list of 3562 vacancies in 9 banks for the year 2018-19 (no posts declared in 11 banks)

They have also mentioned that these openings are only temporary & vacancy position could differ in the coming months.

The category wise list of PO jobs in banks are:

• General/ UR – 1738
• OBC – 961
• SC – 578
• ST – 285

Candidates need to mark their order of preference for all the participating banks from August 16 to September 5, 2017 in the online application form itself.

How to Choose Bank Preferences?

Gone are the days when individuals had to apply for each bank & wait for long time to know their results.

After the implementation of IBPS common selection process, appointment in banks are completed automatically, purely based on merit.

Order of Preference: Many of you were asking our suggestions on how to fill IBPS PO 2017 bank preferences.

We have prepared 3 possibilities based on which you may choose to fill the preferences for IBPS PO 2017.Most of you would fall under any of these following 3 categories:

* Preferences based on location

* Preferences based on number of vacancies

* Preferences based on bank performance

IBPS PO Bank Preferences based on Location:

Are you someone who wish to stay within your state or district? Then, choose the preferences based on the location of the bank, because there will be large number of branches in a state where the head office is located.

For example, Canara Bank has its headoffice in Bangalore and hence there we can expect the bank to have large number of branches in the state of Karnataka & southern states.If you are a person who wish to stay within the state, mark Canara bank as your 1st preference and choose nearby states within the same region for 2, 3, 4 preferences.

Note: PO`s are liable to be posted anywhere in India.Therefore, even if you are able to get a posting in your chosen location initially, there will be transfers to other parts of the country as well.

Candidates searching for region wise preference list can checkout the table below, that was prepared taking into consideration, the location of the bank and vacancies announced so far (banks with NR and NIL status will feature at the end)

IBPS PO Bank Preferences based on Number of Vacancies:

Lets say that you dont have any location preference but want a job in any public sector bank, fill the preferences based on the number of posts announced by each bank.

If you are scoring good marks in the online examination and also qualify in the interview stage, by opting for a bank with large number of vacancies as your no.1 preference, the chance of getting allotted to that specific bank increases.

Here is the list of banks sorted as per the total number of vacancies.

The salary, promotion policy, job profile and allowances are quite similar in all public sector banks.So you need not worry over choosing the preferences based on the total number of vacancies.

IBPS PO Bank Preferences based on Performance

Here is our list of preferences that was prepared depending on the bank`s business (Profit/ Loss,NPA), Employee reviews (shared on internet) & overall brand value of that organization.

Banks that are performing good and ranking at the top may not have any vacancies, this year.So keep this list as a reference and match the bank with the available vacancies and fill the preferences.

1. Indian Bank
2. Bank of Baroda
3. Punjab National Bank
4. Canara Bank
5. Vijaya Bank
6. Corporation Bank
7. Union Bank of India
8. Syndicate Bank
9. United Bank of India
10. Punjab & Sind Bank
11. Andhra Bank
12. Allahabad Bank
13. Dena Bank
14. Oriental Bank of Commerce
15. Bank of Maharashtra
16. Bank of India
17. UCO Bank
18. Central Bank of India
19. Indian Overseas Bank
20. IDBI Bank

When the IBPS PO final results are announced, candidates get to know their allotted banks on the same day itself and the respective banks will inform the joining dates individually.

Note:It is not necessary for you to choose IBPS PO 2017 bank preferences based on our list.You may select them as per your wish.

I want home state posting.Which bank to choose?

Home state/ city postings are not guaranteed for PO (officer) jobs in banks.

IBPS has clearly stated that candidates should be willing to work anywhere in India as PO position is an all india cadre & can be posted/ transferred as decided by the bank.

So, dont expect to get posting within your home state.

Is there state-wise cutoffs in IBPS PO 2017 exams?

There are no state wise cutoffs.

There are no vacancies in few banks.Will they announce later?

So out of the 20 participating banks, only 9 banks have notified 3562 vacancies, this year.

7 banks have reported NIL vacancies.They are: Bank of Baroda, IDBI Bank, Indian Overseas Bank, Punjab & Sind Bank, Syndicate Bank, United Bank of India, Vijaya Bank.

4 banks have not communicated their vacancies to IBPS.They are: Dena bank, Indian bank, Oriental Bank of Commerce and Punjab National Bank.These banks may announce vacancies at a later state, which would also be announced, only in the month of March 2018.   

All banks that have not reported vacancy positions, this year are struggling with abundant NPAs and it is the reason behind them to stop from recruiting any new employees, this season.

IBPS on the other hand has kept option open by saying the vacancy list is only temporary & will be updated incase banks create new posts in future.

If you have chosen the preferences, checkout the comparative study of Salary, Probation & Bond conditions in all govt banks

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