IBPS Completes Bank PO Re-Allotments; Final Cutoffs Out!

The much awaited results of PO allotments in public sector banks ran into rough waters with IBPS suspending the process.What would be your reaction when you are offered a box of sweets only to be taken back within no time?Many candidates were in such a situation after coming to know about this decision.

 

Institute of Banking Selection Personnel is authorized to conduct recruitments on behalf of 20 nationalized banks in India.The ones qualified in that test were put through personal interviews & the final results were out in February 2013.

 

Re-Allotments Complete:

The latest development from IBPS camp is that the provisional allotment revision has been completed & candidates are being informed through SMS.

 

For those who were eagerly waiting for the past 4 days after our confirmation with the institute that it could be released within monday, this recent news has brought back smiles.

 

In a bid to end rumors, IBPS has also published a detailed statement displaying categorywise cutoffs & things to look for in the coming days.Download the note from their site here (.pdf)

 

Here are the maximum & minimum scores (CWE+interview) for whom their preferences were alloted.

 

Having received the confirmation, candidates will be receiving appointment offers in the coming days from respective organisations that includes conditions, joining process & other formalities.

 

Latest update on PO allotment results: Banks have started to issue appointment letters to those who were successfully allotted their preferred organization.See which banks are calling

 

 

Offers on Hold!

As part of the common recruitment procedure – 22,415 PO vacancies were advertised across all PSB`s for 2013-14.

 

Based on candidate preference, final score & actual no.of jobs allotments were finalized & intimations were sent on Monday through email & sms.

 

This morning, the institute on its website posted an update stating the provisional allotments for PO postings had been suspended temporarily.

 

While recipients of the earlier communication from IBPS were sharing their happiness on social networks, the unexpected development came as a rude shock for them.

 

Official Response on Suspension:

Although exact reasons for deferment is not known candidates came up with theories they believe could be the cause for this mixup.They are

• Email delivery problems (while some received 2 or more mails, few complain of not receiving any at all)
• Category/ Quota wise selection issues
• Allotments might have gone awry

We have provided the above to show what's being discussed by aspirants at various online forums.None of these so called ‘reasons’ were confirmed by IBPS.

 

BankExamsIndia.com contacted IBPS to know more details but a senior official declined to divulge any specifics.We were only told that revised allotments wont have any major changes & shall be made available within the next 2 days.

IDBI Bank Assistant Managers Recruitment – IBPS Scorers Only

Industrial Development Bank of India`s (IDBI) recruitment for Assistant Manager has been announced today.Since IDBI bank is owned by Govt of India, online applications are invited from those who have qualified in the IBPS common written exam held for PO/MT jobs.This means others who did not appear for the CWE are not eligible to apply.

 

IDBI Bank with headquarters in Mumbai is one of the largest public sector banks in India that mainly caters to corporate & SME concerns.

 

The bank spread across India with 970 branches speaks of expanding operations aggressively.The new recruits may be posted to fill that spaces. IDBI bank is also recruiting for 500 executives posts.

 

Position:

Assistant Manager (grade A) – 500 posts [Gen – 253, OBC – 135, SC – 75, ST - 37]

with payscale of Rs.14000/-/40900 & probation of 1 year (no service bond specified)

 

When to apply?

Online registration of application – July 26 to August 9, 2012

Payment of fees – 26.07.2012 to 09.08.2012

 

Eligibility:

Those looking to apply for this IDBI bank asst.manager recruitment must fulfil the following conditions

• Should be a graduate, as on July 1, 2011
• Agelimit: 20 – 30 yrs (max. age +3yrs for OBC, +5yrs for sc/st)
• Must have cleared IBPS PO exam 2011 with following minimum TWS scores
  • 156 (gen/obc)
  • 131 (sc/st)
  • 106 (pwd)
• To be proficient in computer operations

Above all, the registrant must posses a valid scorecard issued by IBPS (in original)

 

Registration & Fees

The application fee is Rs.100 (Gen/OBC) & Rs.20 (SC/ST/PWD) has to be paid in cash at any IBDI or SBI branches (add Rs.50 extra for SBI payment) from July 26 to Aug 9 only.

• Collect the challan counterfoil that contains a unique 14 or 10 digit transaction code.
• Visit www.idbi.com & open the online application link placed under ‘careers’ link
• Fill in the required details such as personal, educational, payment etc., carefully
• Submit the online form & take a print of the generated form which has to be produced at the time of personal interview along with original payment receipt (in original)

If you are shortlisted for Interview process, IDBI shall be sending intimations through email & sms to download call letters for the same.

 

Read the notice:

Aspirants can download the complete advt of IDBI bank asst.manager recruitment from the official bank website here. [Registrations begin only from July 26, 2012]

IDBI Bank 500 Executives Written Test – Dates Postponed

Industrial Development Bank of India (IDBI) recruitment for 500 executives has been put up today.Established 40 years ago, IDBI now functions as a full service commercial bank.With govt. of India as majority shareholder, the bank is headquartered in Mumbai & has network of 970 branches across India.

 

Although a banking company, IDBI bank does not feature in the 19 public sector banks that conduct hiring through IBPS CWE platform.Hence a separate examination is to be held for applicants.

 

It is NOT necessary for applicants to have qualified in the IBPS common written test.

Positions:

Executive – 500 posts

 

This is a contract job, which will be extendable upto 3 years with monthly salary of Rs.12000 (1yr) 13500 (2nd yr) & 15000 (3rd yr).On completion of 3 yrs, executives can apply for Asst.Manager post in IDBI bank.

Dates:

Online registration of applications – July 10 to 23, 2012

Written test on September 16, 2012 (IDBI bank has postponed the date of exam, see notice here )

 

Eligibility:

As said earlier, IBPS scorecards are not needed.The other eligibility for this IDBI bank recruitment are,

• Pass in graduation (any degree) from a recognized university
• Aged should not be more than 25 yrs as on June 1, 2012 (+3 yrs for OBC, +5 for sc/st)
• Must posses good working knowledge in computers

The selection process of IDBI bank Executive Recruitment involves Written test  (objective type) that is to held at select centers (cities).You will have an option to choose a desired centre in the application form.

 

Books specifically for this exam is available for purchase on the internet.It contains 3 yrs solved paper along with other test sections * IDBI bank Executive Exam Guide – Rs.245 – Buy online

 

Those clearing the exam shall be shortlisted for Interview & based on their performance

in both these stages, final selection is made.

 

Fees:

Interested candidates have to pay Rs.400 (Gen/OBC) or Rs.75 (SC/ST/PWD) as non-refundable fee between 10 to 23.07.2012 at any IDBI or SBI branches using the challans given in the website.

If you intend to remit the fees through SBI branches, add Rs.50 extra as service charge

Collect challan counterfoil with transaction details from the bank after depositing fees as it has to be produced along with call letter during the exam.

 

Head to www.idbibank.com, visit ‘careers’ page & fill your details in the online application & hit submit to confirm registration.

 

More info

Are you looking to apply for IDBI bank executives recruitment? Download & read the official notification carefully from the bank website here

Oriental Bank of Commerce Recruitment – PO & Agri Officers

Oriental bank of Commerce (OBC) Probationary Officers (PO) recruitment is finally out.The bank has also advertised for agri.officers under specialist cadre.While all other PSB`s have either completed hiring or conducting interviews,OBC stayed away.Now oriental bank of commerce becomes the last bank to call for PO positions from IBPS PO qualified people.

 

With this latest OBC recruitment, the total number of PO vacancies announced through IBPS common exam till now stands at approx.18947.See list of Bank PO Jobs in 2012 

 

Dates:

Register online from July 10 to 28, 2012

Date of interview will be intimated to shortlisted applicants

Profile:

1) Probationary officer – 325 posts 

2) Agriculture officer – 100 posts

since both are scale I cadre, the payscale shall be Rs.14500 – 25700

Am I Eligible

To all those who ask the above question, we have explained the eligibility criteria for OBC recruitment below,

 

For scale I officer (PO)

• min.21 yrs & max. 30 yrs of age as on July 1, 2011
• Should be a graduate
• Total score in IBPS exam (TWS): 120 with 24 in each section (Gen) & 105 with 21 section-wise (others)

Agriculture officer (Specialist)

• Aged between 21-30 yrs, as on Dec 1, 2011
• Must have degree in agriculture or related subjects
• To have cleared IBPS specialist officer exam with TWS score of 112 (gen) & 104 (sc/st/obc/pwd)

Candidates holding scorecards of PO & sp.officer CWE & looking to apply for both posts can do so by submitting individual applications.

 

Selection:

Depending on the number of applicants, candidates will be shortlisted for interview process as per their TWS scores .

Only those ranking sufficiently high in the order of merit will be called in the ratio of 1:3 (Gen) or 1:5 (others), says the bank.

The ones offered appointment as PO in OBC will be on probation for 2 years.

 

How to apply:

Rs.100 (Gen/OBC) or Rs.20 (others) should be paid as application fee through any branch of Oriental bank of commerce OR from any other bank using NEFT between 10 to 28.07.2012 only

 

Remember to collect the counterfoil of payment challans, be it the OBC receipt or NEFT challan.

 

On successful payment, logon to www.obcindia.co.in, visit the online registration page to fill required details & hit submit.

 

Download notice

The detailed OBC PO recruitment notification 2012, fee challan & other doc. formats are available on their site here.Get it & read carefully before proceeding to register.

Corporation Bank to Recruit 317 Asst.Managers from CWE 2011

Corporation Bank is all set for next batch of interviews with their recent announcement of 317 PO recruitment.Although the common exam for PO/MT posts were conducted recently by IBPS, the bank has stuck to CWE 2011 qualifiers.Will other banks follow suit has to be seen in the coming weeks but this news will find respite among bank job aspirants.

 

Corporation bank had advertised to fill 355 prob. asst.manager posts in December 2011 that was completed in March 2012.

Profile:

Probationary Assistant Manager (scale I) – 317 posts

 

While the payscale shall be Rs.14,500 to Rs.25700, the approx. monthly salary is Rs.24,720 excluding allowances & benefits.

 

Dates to know:

Register online from June 26 to July 11, 2012  
Fees to be paid within the above mentioned dates

 

Am I eligible:

To register for corporation bank recruitment 2012-13, you must satisfy the following conditions,

• Age to be minimum 20 & max. 30yrs as on July 1, 2011
• Should be a graduate with 55% marks (50% for sc/st/pwd) from a recog. university.
• Computer operation skills is required particularly in MS-Office

Applicants must also hold a valid PO scorecard issued by IBPS with below scores,

	General	OBC	Others
Each test	25	21	21
Total weighted score (TWS)	151 marks	141	SC/ ST – 126, VI/HI/OC - 106

 

Applying:

There is no need to pay the fees again if you had applied for corp.bank`s asst. manager recruitment held in Dec 2011.But submitting online application is must

 

Only those who are applying for the 1st time should remit Rs.100 (gen/obc) & Rs.20 (others) as application fee in cash at any branch of corporation bank between 26.06.2012 to 11.07.2012.

 

* You can also make NEFT payment from any other bank (using NEFT challan)

 

* Collect the transaction details including the payment receipt from the branch & head over to corpbank.in to fill online application

 

* Do not forget to take a printout of the generated application as its an important document & should be produced during interview.

 

Download notice:

We advise all interested candidates to download the official notification & read it carefully before moving to apply.The forms are given at the bank`s website here

Vijaya Bank PO Recruitment for 894 Posts Starts from May 16

Vijaya Bank has released the notification for recruitment of probationary officers & is inviting applications from IBPS CWE qualified candidates.Established in the year 1931 & nationalised in 1980, Vijaya bank is considered as one of the leading small sized public sector bank in India.

 

With its head office in Bangalore (Karnataka state), the bank is present across 28 states with 12000+ employees working in 1300 branches.

 

Position & Vacancies: 

Assistant Manager (scale I) – 894 posts

 

Dates to note:

Registration of online applications from 16.05.2012 to 02.06.2012

Fees to be paid before May 30, 2012

 

Who can apply? 

Vijaya bank has framed the following eligibility conditions, which applicants must satisfy.They are,

• Age to be minimum 20 yrs & max. 30 yrs, as on July 1, 2011
• Should have completed graduation from a recognized univ. (final yrs. & those waiting for results are not eligible to apply)
• Must posses a valid IBPS scorecard with the following score in the CWE 2011
  • General:138 & above (24+ in each subject)
  • SC/ST/OBC/PWD: 113 & above (21+ in each subject)

Selection through Merit:

PO posts in Vijaya bank shall be filled through an Interview for which applicants will be shortlisted based on their CWE scores.

 

The minimum scores mentioned above is just for eligibility purpose.And the bank shall select only those candidates with high scores who have applied for this recruitment.

The selection procedure may include Group discussion along with Interview.In such cases, the max. marks for GD would be 50 marks & for Interview, shall be 100 marks.

 

Application fee

Those interested to apply should visit any branch of Vijaya bank & deposit Rs.200 or Rs.50 (SC/ST) into the account specified in challan available for download.Payment should be made only between May 16 & 30, 2012.

1. After making the payment, collect the receipt copy & proceed to submit your online application at vijayabank.com.
2. Enter your reg./roll no, password ot birth date to login.
3. After successful submission, take a print of the submitted application since this form along with original fee receipt must be produced at the time of interview. So preserve them carefully.

 

Download the Vijaya bank PO recruitment 2012 notification from the website here. Read the advertisement before proceeding further.

Central Bank of India PO Recruitment – 1000 Vacancies

Central Bank of India has released notification for 1000 PO recruitment project 2012. Established in 1911, the bank is amidst its centennial celebrations on completion of 100 years.One of the oldest public sector banks in India, currently it has over 4000 branches across 27 states with 36000+ employees.

 

Although most public banks have announced officer recruitments for CWE scorecard holders, only few have completed the process. While others are yet to issue cutoffs, Central bank has come out to hire.

Dates to note:

Online application can be accessed from May 11 to 25, 2012

Interview process shall begin in June/ July 2012 

 

Position:

Probationary Officer – 1000 posts (probation: 2 years)

 

Criteria:

It is necessary for applicants to fulfill each of the following eligible conditions,

* 20 – 30 yrs of age as on 01.07.2011 (max.age: +5yrs for SC/ST, +3yrs for OBC)

* Must be a Graduate (any degree) from a recognized university

* Certificate in computer awareness (min. 60 hrs course) from a reputed training centre is necessary (not for those with computers in degree level)

In addition, candidates must have secured following TWSS in the IBPS PO CWE 2011,

 

General	OBC	SC	ST
160	155	150	130

- only those who have scored above these are now eligible to apply for this Central bank of India PO recruitment.

 

Selecting:

Based on the applications received, bank would fix an appropriate cutoff taking into around their scores so as to shortlist candidates for personal interview process in the ratio of 1:3 (unreserved) & 1:5 for reserved categories.

The total marks would be 50, while min.qualifying marks would be 25 (22.5 for reserved cat.)

The final selection shall be done through merit ranking based on exam & interview score.Those with top rank/ score will be offered appointment. 

Applying:

The application fee has been fixed as Rs.250(Gen/OBC) & Rs.50(SC/ST) which have to be paid in cash at any of the Central bank of India branches (use the given challan)

• Collect the fee receipt that contains transaction details such as branch code, journal no. etc.
• Visit centralbankofindia.co.in, click on ‘recruitment’ & logon to the online application by entering your CWE details
• Complete the registration process by submitting the form & take a print of the system generated application for future reference.

Download the notification,fee payment receipt and branch list for Central bank of India PO recruitment 2012 from their website here

Punjab & Sind Bank PO Recruitment for 900 Posts Begins!!

Punjab and Sind Bank, founded in 1908 was nationalised during 1980`s.The headquarters of the bank is located at New Delhi & has a strong presence in northern parts of India.As part of recruitment project 2012-13, PSB is to fill 900 PO positions.

 

The bank also has advertised its clerk recruitment at the same time.With many banks completing their PO selections, the competition for PSB could be low assuming many top scorers have joined previous banking organizations.

Dates:

Registration of online applications - 24.04.2012 to 10.05.2012

Posts

Probationary Officer – 900 posts

 

Eligibility conditions Punjab & Sind bank PO recruitment are,

 

* 21 – 30 yrs of age as on 1.07.2011 (+5 yrs for SC/ST, +3yrs for OBC)

* Must have completed graduation with minimum 55% marks aggregate (50% for SC/ST)
* Those with computer knowledge would be preferred.

No minimum TWS cutoffs fixed & hence any candidate with a valid PO CWE scorecard is eligible to apply. 

Process:

The selection procedure for PSB PO vacancies are similar to other banks recruiting via IBPS CWE platform.Based on the no. of vacancies, the bank will choose to call only those applicants with high scores in a particular ratio.

 

Interviews would be held for these shortlisted people & finally a merit list is prepared by taking your scores into consideration through which appointments shall be made,

Fees:

Eligible applicants should deposit Rs.200 (gen/obc) & Rs.50 (sc/st) towards application fee either at the CBS branches of Punjab & Sind bank or at any other bank through NEFT on or before May 10, 2012.

 

The fee challan or NEFT receipt must be preserved carefully as their details such as trans. no,branch code etc.,have to be entered in the online application given at www.psbindia.com

 

On successfully submitting the application, do not forget to take a print of the generated form which is necessary for Interviews.

Official Notice:

The detailed & original advertisement of Punjab & Sind Bank PO recruitment can be downloaded from their webpage here (pdf)

Bank of Baroda 600 Probationary Officers Recruitment 2012

Bank of Baroda(BoB) has released the notice for recruitment of Probationary Officers which was expected from last week.BoB formed in the year 1908 has grown to become one the leading public sector bank.Having presence not only in India but also across the world, it is rightfully called ‘India`s International bank’.

 

Bank of Baroda currently has around 39000 employees across its network of over 3700 branches.

Post - Vacancies:

Probationary Officer (scale I) - 600 posts

Note this:

Online registrations from February 21 to March 10, 2012

Interviews are expected to be held in April 2012

Am I Eligible:

So what are the eligibility conditions for BoB PO Recruitment 2012? Here they are,

• Age criteria: to be 21 - 30 yrs (+3 for OBC, +5 for SC/ST), as on 1.07.2011
• Should be a graduate in any degree as on July 2011
• Computer operations knowledge is necessary but certificates are not asked for.
• Only those qualified in IBPS PO exam with the following scores are eligible,
  • Gen/OBC: 125 in TWS & 24 in each section (Gen only); Others: 105 in TWS & 21 in each test (incl. OBC) 
• If results/ degree cert. were declared after 1st July 2011, you are not eligible.

Procedure:

As per the common exam score, applicants shall be ranked in the higher order & will be shortlisted in the ratio of 1:4 (gen cat.) & 1:5 (for other cat.).By this, around 2700 candidates can expect a call for the Interview process.

 

Final selection will be based on the CWE & interview score.Failing to score min. marks in interviews would lead to rejection.

Probation & Bond:

The payscale for scale I PO cadre is same for all banks with monthly salary of approx. Rs.24450 Although the bank has specified the period of probation to be 1 year, there are no bond conditions for newly joining officers.(read about role of bank po)

 

Application Fee:

Rs.200 (Gen/OBC) or Rs.50 (SC/ST) can be paid at any Bank of Baroda branches sing the given challan before 10.03.2012

1. Collect fee payment receipt from the branch, visit bankofbaroda.com & click on ‘Recruitment project 2012’.
2. Open the online application form, enter the necessary info carefully without making any mistakes & submit.
3. Remember to keep this application print, original fee payment receipt & scorecard in save custody without which you wont be able to attend the personal interviews. 

Read more:

Candidates are requested to read the complete notification of Bank of Baroda PO Recruitment 2012 from their website here, before applying.

United Bank of India Recruitment 2012 for 450 Vacancies

United Bank of India (UBI) has announced recruitment of Probationary officers for those with valid ibps scorecards.UBI nationalised in the year 1969 has a strong presence in eastern India.Apart from its own operation, this public sector bank also sponsors four other regional banks.

 

With headquarters in Kolkata & 32 regional office in various states the bank has over 1600 branches across India.

Position – No. of Posts:

Probationary officer (scale 1) – 450 vacancies

 

Dates: Registration of applications – 24.02.2012 to 09.03.2012

Who are Eligible

The conditions to apply for United bank of india`s po recruitment are,

• Age to be minimum 21 yrs & upto 30 yrs as on 1.07.2011
• Must have atleast 55% aggregate marks (50% for SC/ST/PWD) in UG or PG degree as on July 1, 2011
• IBPS total weighted scores to be 138 (Gen) & 125 (OBC/SC/ST/PWD)
  • individual test cutoffs must be atleast 24 (gen) or 21 (others)
• Should have studied computers as a subject in school/ degree level OR posses a computer course certificate from any govt. recognized institute (minimum 6 months)

Selections:

The process of selection will be mainly based on your IBPS CWE score.Depending on the no. of vacancies, the bank shall fix a cutoff & shortlist those who have scored above it for the Interview stage.

 

The interview will be conducted for 100 marks but minimum qualifying mark would be 40 marks (35 for SC/ST/OBC) 

Salary & Bond:

Under the payscale of Rs.14500 – Rs.25700, officers shall be paid Rs.24995 /month approx.

 

Apart from probation period of 2 years, those joining the bank must sign a service bond for min. 3 years or pay 1 lac incase of discontinuing before completion.

 

Steps for applying:

Candidates eligible to apply must remit a non refundable amount of Rs.200 (Gen/OBC) or Rs.50 as application fee at any branch of united bank of India.

Fees can be paid only between Feb 24 – March 9 using the challan provided at the bank webpage.Incase of paying through other banks, use the NEFT challan.

* After payment, proceed to unitedbankofindia.com & click on ‘online PO application’ link.

* Enter the required details at the appropriate fields, submit the form & take a print of the generated application for submission during interview.

Download

Read the complete advertisement of United bank of India PO recruitment 2012 can be downed from their website here

Allahabad Bank PO Recruitment 2012 – 1600 PO Vacancies

Allahabad Bank has now released the announcement for recruitment of Probationary Officer.Started in the year 1865, it is one of the oldest public sector banks in India and also boasts a vast network of over 2400 branches across the nation with headquarters in Kolkata.

 

As a pre-requisite, only those who have appeared & cleared the IBPS common exam can apply for this recruitment.

To note:

Registrations (online) open from – 18.02.2012 to 10.03.2012
Age & qualification should be as on July 1, 2011

 

Post – Vacancy:

Probationary Officer (scale I) – 1600 posts

Eligibility:

Looking to register for Allahabad bank PO recruitment? Make sure you satisfy the below,

• Minimum age fixed at 20 yrs while maximum is 30yrs
• Should be a graduate in any stream (no percent specified)
• Computer course certificate from training institute is necessary OR must have studied computers/ IT in school/ college etc.,
• Total weighted score in IBPS PO exam must be 125 (gen) & 112 (all others)
  • Individual test scores to be 24 (gen) & 21 (others) 

Selection

Allahabad bank also follows the same procedure as others.A merit list of high scorers from the received applications shall be prepared & they would be shortlisted for Group discussion or Interview.

If GD is conducted, it will be a qualifying stage & only those who clear the discussion shall move to Interview.

Of the total 35 marks allotted for Interview, candidates must score atleast 14 marks (gen) & 12 marks (others) for personal interview consideration.The final selection will include scores of CWE & interview  & based on the no. of vacancies, appointments shall be finalized. 

Payscale & Probation:

While the scale of pay for POs is Rs.14500 – 25700, those joining the bank will have to sign a bond of Rs.1 lakh agreeing to serve the bank for a minimum of 3 years.

• If you choose to resign within this period, this amount has to be paid.
• The probationary period shall be for 2 years after which your appointment would be confirmed.

Application

Fee of Rs.200 (Gen/OBC) or Rs.50 (SC/ST/PWD) has to be paid deposited in cash with the given challan at any Allahabad bank branch before March 10.

 

On successful payment, collect the challan receipt or counterfoil from the branch.You have to submit the online application available at www.allahabadbank.com by filling the required details including payment info.

 

Preserve copies of application, fee receipt & scorecard as they have to be produced at the interview venue.

For more:

Those interested to apply are requested to download the notification of Allahabad bank PO recruitment 2012 from the bank website here

Bank of Maharashtra 457 PO Recruitment – Apply Online

Its hiring season again as Maharashtra Bank has issued announcement for recruitment of Probationary officer.Formed in the year 1936, it is one of the oldest public sector undertakings that has undergone tremendous growth.The current callfor vacancies can be utilized only by those who have appeared for the common written exam.

 

Maharashtra bank with head office in Pune has over 1500 branches across the nation.

Position – Vacancies: 

Probationary Officer (scale I) – 457 posts

 

Dates: Online registrations – 25.02.2012 to 16.03.2012

Interview dates shall be informed later.

Let us see the eligibility conditions set by bank of maharashtra for these posts,

• Agelimit: min.20 yrs & max. 30 yrs as on July 1, 2011
• Should posses any graduate degree (those with diploma in banking & finance shall be preferred)
  • candidates waiting for final degree can apply with provisional certificate
• Must hold a valid scorecard issued by IBPS with the following section wise scores
  • SC/ST/OBC/PWD – 21 or above & for other categories – 24 or above
• Certificate in computer operations (office automation) from a reputed institute is required.
  •  not necessary for those who had studied computers in UG/PG level

Selection Procedure:

The bank would shortlist candidates as per their IBPS CWE total weighted scores (see how IBPS scores are calculated) & may call for Interview in the ratio of 1:3.

 

Since the cutoff for selection is not revealed, the bank shall fix it based on the applications received.This means - only those who are above a certain cutoff shall proceed further.

Interviews will be conducted for 50 marks & attendees should secure atleast 50% (45% for reserved cat.) to qualify for final selection.

Registrations:

The application fee has been fixed as Rs.200 (Gen,OBC) & Rs.50 (for others) can be paid in cash at any branch of bank of maharashtra on or before March 9. An option to pay fees through NEFT enabled banks is also available.

1. Applications have to be submitted through online mode.Accordingly, click on the online application link at bankofmaharashtra.in & enter the required information.
2. Remember to save a print of the application & original payment challan for future reference.

Read More:

The complete notification of bank of Maharashtra`s PO recruitment 2012 can also be downloaded from the bank website here.

Role of Probationary Officers in Banks – Quick Guide

Probationary Officer is one of the post regularly advertised for bank recruitments, but many candidates do not know the work involved or the exact meaning of PO.One of our readers had asked a question regarding the role of probationary officer in banks.

 

Hence we felt it would be better to analyze the job profile in detail, enabling freshers to understand the position better before applying for upcoming bank exams.So, what are the functions of a Probationary Officer in bank ?

 

Probationary Officer is the first entry point for a job in bank, especially to fresh graduates & those without prior experience.The PO will report to their immediate senior officer,who will closely monitor & evaluate the performance of him/her for a certain period.

 

While on job, Probationary officers will have to take up assignments given by their managers.Along with training,they will also be deployed across various departments of the bank to gain exposure in operations & working of bank.So,in short,the PO must be willing to take up any work during the probation period in order to understand the process effectively & to scale greater heights and reach higher positions.

Probation period : Normally,the probation period for PO`s will be for 2 years.The probation period can also considered as the learning phase. Hence it is extremely important to be in good conduct,during probation.Banks have the right to terminate the employee during the probation,if he/she does not fit the position.

 

Salary: The payscale for probationary officers ranges between Rs.10,000 - 18,240. Depending on the post & grade after successful completion of probation,the pay scale may increase.An increase in salary for bank employees has been approved recently

Muthoot Finance Recruitment- 2000 Probationary Officers

Muthoot Finance Limited is part of the Muthoot group, which was started in 1887.Today, Muthoot finance - the largest gold loan company in India with 3000 branches spread across 22 states has announced recruitment for 2000 Probationary officers (PO)

 

Position – Vacancies:

Probationary Officer – 2000 posts (in Karnataka,Tamil Nadu,Andhra Pradesh & Goa) 

 

Dates: Last date of online application: 15.7.2011

Written test: announced later

 

Eligibility: Those looking to apply for PO jobs in Muthoot finance,

* Age not higher than 25yrs as on 31.5.2011

* Must be a graduate (UG or PG) with aggregate 60% marks (any degree)

   

The selection for Muthoot finance PO recruitment will be through Written Test & Interview.While eligible applicants would be informed through email/post about the dates,the objective type exam is to be conducted at major centres across India.

 

The objective test for 2 hours will fetch total of 200 marks.The expected question paper pattern is similar to other bank exams with sections such as,

• Numerical ability
• Reasoning ability
• General english
• General awareness
• Current affairs/GK
• Marketing & computer applications

Those selected as PO shall be under probation period of one year. After completing it successfully, they would be posted as Assistant Managers across various Muthoot finance branches.

 

How to apply:There are no application fees to paid.Interested candidates just have to fill the online application form with the required details & submit it. Although there is no mention of the call letter or admit card for test, you can expect some kind of communication from the company before the exam.

 

The documents & certificates would be verified only at the time of Interview stage.Hence there is no need to send the printout of application or DD via post.

 

Interested candidates can read the complete notification of Muthoot Finance PO recruitment & proceed to apply online directly at their website here

Central Bank of India Recruitment - 500 Probationary Officers

Central Bank of India started 99 years ago is one of the oldest public sector banks in India.The bank is present in 27 states with more than 3500 branches spread across the country.Now,Central Bank of India has announced recruitment project-2010 for

500 Probationary Officers

 

Dates : Online registration – 6.05.2010 to 5.06.2010 

Date of Written Test – 25.07.2010 (July 25th 2010)

 

Post- Vacancies – Payscale:

Probationary Officer – 500 posts – Rs.10000/–/18240 (salary to be revised)

 

Eligibility: Candidates applying for Central bank of India PO recruitment 2010,

* Should be within 21 - 30yrs of age as on 01.04.2010
* Graduate with minimum 55% aggregate from a recognized university

* Certificate in computer applications from a recognized training centre is necessary
 

Selection : The selection process involves Objective test - Reasoning ,Quantitative Aptitude ,General Awareness & English.The Descriptive test will focus on Socio-economic issues & Communication skills.Candidates ranking high in written test would be shortlisted for Group Discussion/ Interview.

 

Books: You can also purchase books online, for exam preparations -

* Bank PO Exam (with last 3 yrs solved question papers) – Rs.350 – Buy Online

payment can be made through MO/Cash/Net banking/Cards etc

 

Application : The application fee of Rs.300(Gen/OBC) & Rs.25(SC/ST) ,has to be paid at any of the Central bank of India branches(given in the application form) by fee payment receipt,on the website.The candidate has to then apply online through www.centralbankofindia.co.in by filling the necessary details before June 5, 2010

 

Download the notification,fee payment receipt and branch list for Central bank of India PO recruitment from the bank website here.(read instructions before applying)

How to prepare for Probationary Officer Exam - Explained

Probationary Officer – This is the first entry point for starting a management career in banking industry.PO`s move up the ladder to occupy positions like Manager,General Manager etc., based on their performance & experience.That is the reason for the huge interest shown by graduates  in applying for PO posts.We have explained in detail about the Exam process & Methods to prepare for Probationary Officer exam.

 

Examination : The exams for Probationary banks are almost same in all banks.They would have tow tests – Objective test & Descriptive test.The Objective test would have the following sections – Reasoning,Quantitative aptitude,Test of English & General awareness.0.25 marks would be reduced for each wrong answer as negative marking.

** It is necessary that candidates have to pass in each section of the objective test.

 

The descriptive test will expect candidates to write essay-type answers on questions given.Normally it would for 60mins & the test is only to qualify.The marks awarded are not added to final selection or ranking,but you have to clear this test(minimum 40% marks) as well.

 

Preparing for PO Exam : Candidates will have to answer 200-250 objective questions within 2 hours & this makes it a necessity for fast mind calculations,short methods to arrive at answers etc.,

 

1) Allocate maximum time for preparing Aptitude & Reasoning sections.Similarly,focus more on these sections during the test,as they are prone to confuse you often.

2) Quantitative aptitude will deal with basic maths – algebra,profit loss,percentage problems,arithmetic problems etc.Books of Std.10th would help in preparing for this.

3) Practice is the only key to crack Reasoning questions.Most candidates feel this part lets them down during the exam.Questions would be based on diagrams, statements,analysis etc, & will test your problem solving skills.

4) Test of English will have questions on grammar, vocabulary,synonyms,antonyms,fill-in-the blanks,sentence formation etc.,Books on basic english language would suffice.

5) General awareness needs no introduction as questions are asked only from general events,economic development,people & organizations.Read newspapers with special focus on banking & finance,money markets,global business.

6) Do not guess wildly & blindly as there is negative marks for each wrong answer.

 

Working on previous year question papers will help you develop speed,time allocation & understanding the type of questions asked.Below are few solved previous years question papers for PO exam,which can be bought online.

** Oswaal Bank PO Exam (10 Years Solved Papers) – Rs.319 – Buy Online