About Bank Exam (2024)

About Bank Exam

Every year applications are invited for various government bank to fill in vacancies in different posts.

Bank Exams - Vacancy, Dates, Syllabus & more

Every year applications are invited for various government banks to fill in vacancies in different posts. SBI Clerk, SBI PO, IBPS SO, IBPS Clerk, and IBPS PO are some of the bank exams conducted every year. These are computer-based tests and are conducted in different phases to choose the right candidate for various posts such as clerk, Specialist Officer, Probationary Officer, Manager, Senior Manager and so on. A large number of candidates appear for the competitive exams and aspire to join one of the prestigious banks. Aspiring candidates need to keep checking the official notification released by the different organising bodies to get the latest updates about the upcoming bank exams.

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List of Premium Bank Exams

Here from the below-provided table, the candidates can check the premium bank exam lists –

  1. IBPS PO
  2. IBPS SO
  3. SBI PO
  4. SBI SO
  5. IBPS Clerk
  6. RBI Assistant
  7. Canara Bank PO

Bank Exam Overview

The candidates can check the banking exam overview from the below-provided table:

ParticularsDetails
Bank Exam NameSBI SO, IBPS SO, IBPS PO, IBPS Clerk, SBI PO, Canara Bank PO, RBI Assistant
EligibilityVaries from one post to another
Selection processDepends upon the recruitment post.
Different Bank PostsProbationary Officer(PO) Special Officer(SO) Clerk, etc.
Frequency of ExamOnce in a year
Exam Levels

There are usually 3 levels for the banking exams which are as follows-

● Prelims

● Mains

● Personal Interview

Mode of ExamOnline
Syllabus

– Reasoning

– Quantitative Aptitude

– General Awareness

– Current Affairs

– Banking Awareness

Purpose of the ExamFor recruitment of the eligible candidates as bank officials in different Indian Banks

Important Schedule for Bank Exams

The candidates who are preparing for the banking examination should aware of the important events and the schedule. We have enlisted here the schedule with the events so that the students won’t miss out on anything –

EventsSchedule
IBPS PO Prelims Exam Date 2023September 23, 30 & October 1, 2023
IBPS PO Mains Exam Date 2023November 5, 2023
IBPS SO 2023 Exam Date (Prelims)December 30, 2023
IBPS SO 2023 Exam Date (Mains)January 28, 2024
SBI PO 2023 Exam DateNov 1, 4 & 6 2023
SBI Clerk 2023 Exam DateJanuary 2024

Bank Exams Eligibility Criteria

The different posts consist different eligibility criteria. The candidates who are appearing for the exam should cross-check their eligibility criteria for the respective posts.

For Clerical Posts
  1. The candidate’s age should be under 20-28 years.
  2. They should have completed their graduation from a recognized university.
  3. They should not possess any criminal record.
For Probationary Officers Posts
  1. The age range of the candidates for this post should be under the slab of 21-30 years.
  2. Graduation degree holder from a well-versed university.
  3. The candidates should not possess any criminal record under their name.

Exam Pattern for Bank Exams

If you are preparing for the Bank exam then your first step should be aware of the exam pattern. Most of the exams have similar exam patterns. Usually, these exams are organized on the 3 levels which are Preliminary, Mains and Interviews.

Prelims Exam Pattern

Prelims Bank exam patterns for PO and Clerical Posts are similar. The only difference you will see is in the question level difficulty. The exam pattern for Preliminary exams are as follows –

Name of TestNo. of QuestionMaximum MarksDuration
English Language303020 Minutes
Reasoning353520 Minutes
Numerical Ability353520 Minutes
Total10010060 minutes

Mains Exam Pattern –

Banking mains examination will consist of the subjects such as English Language, Data interpretation, Reasoning Ability and General Awareness.

For Clerical Posts –

SubjectsNo. of QuestionsMaximum MarksDuration
English Language404035 minutes
Quantitative Aptitude505045 minutes
Reasoning Ability and Computer Aptitude506045 minutes
General/Financial Awareness505035 minutes
Total190200160 minutes

For PO –

Under the Probationary Officers posts, the objective, as well as subjective questions, will be there. Check the below-provided table in case you want to get detailed information –

Objective type paper –

SectionNo. of QuestionsMaximum Marks Duration
English Language354040 minutes
Data Analysis & Interpretation356045 minutes
Reasoning & Computer Aptitude456060 minutes
General Awareness, Economy & Banking Awareness404035 minutes
Total155200180

Descriptive type paper –

English language – Essay Writing and Letter Writing

Bank Exam Syllabus

Bank syllabus is one of the most important parts for the preparation of any exams. The banking sector is one of the highest recruitment providing career industries, and every year lakhs of students appear for this examination to get recruited by prestigious banks. The candidates who are appearing for the bank examination or preparing for the one can check the syllabus below for reference purposes.

Section

Syllabus

English

● Reading Comprehension

● Spotting Errors

● Cloze test

● Fillers

● Para jumbles

● Sentence Improvement

● Vocabulary-based Questions

Quantitative Aptitude

● Simplification/Approximation

● Data Interpretation

● Quadratic Equations

● Number Series

● Miscellaneous Questions

Reasoning

● Coding-Decoding

● Puzzles and Seating Arrangement

● Syllogism

● Input-Output

● Inequality

● Alphanumeric Questions

● Miscellaneous Questions

Perks and Benefits of Bank Jobs

The candidates who are preparing for the Bank Jobs can go through the following perks and benefits they can receive from Banking Jobs –

  1. Get a long-term and secured career – The candidates will get a secure and long-term job through banking. With this sector’s continuous growth, it offers the most reliable job security with exponential growth.
  2. The candidates can get lucrative remuneration on the basis of their skills and experience. They can also avail of benefits such as travel allowance, health insurance and home allowance.
  3. There is a wide opportunity within the banking ecosystem.
  4. Great work-life balance.
  5. A wide range of benefits including promotions.
  6. Great opportunities to serve in customer service-facing roles.
  7. The candidates will get social prestige through this job.

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About Bank Exam (2024)

FAQs

About Bank Exam? ›

Bank examinations are evaluations of the financial health of banks. They are conducted by regulatory and governmental institutions such as the OCC, the FDIC, and the Federal Reserve. Bank examinations use a six-part analysis designed to measure the quantitative and qualitative health of the banks in question.

Which bank exam is best? ›

Top Bank Exams in India
  • IBPS PO (CWE PO/MT)
  • IBPS SO (CWE SO)
  • IBPS Clerk (CWE Clerical)
  • IBPS RRB (CWE RRB)
  • RBI Officer Grade B.
  • RBI Officer Grade C.
  • RBI Office Assistant.
  • NABARD.

How many levels are there in the bank exam? ›

The competitive exam in the banking sector is generally conducted for two positions i.e. Clerk & Scale I Officer (Probationary Officer/Specialist Officer). The former is a two-tier process (pre + main) while the latter is a three-tier process (Pre + Main + Interview).

What type of questions are asked in the bank exam? ›

The paper will have 100 objective-type multiple-choice questions. Questions in the exam are asked from Quantitative Aptitude, Reasoning Ability, and English Language. The total time allotted to candidates to solve questions in IBPS PO prelims exam is 60 minutes. Candidates will get 20 minutes to attempt each section.

Which is the highest post in bank exam? ›

Chairman or CEO or Managing Director is the highest post in a bank. The ranking of the postings may vary for various banks. If you want to attain the top position in the bank, you should enter the bank as a Probationary Officer or Scale 1 Officer.

What is the salary of a bank po? ›

IBPS PO Salary 2024
IBPS Bank PO Salary Structure in India
Basic PayRs. 36,000
Gross SalaryRs. 57,289.70
Deduction (Tax & NPS)Rs. 4,659.32
Net SalaryRs. 52,630.38
6 more rows
May 5, 2024

Which bank is the hardest to get into? ›

Ex-Goldman Sachs helping train students/recent grads to secure jobs in banking - 90% placement rate to banks like GS, UBS and JP. These are the 10 hardest investment banks to get a job at in the world🌍👇 1. JP Morgan 2. Goldman Sachs 3.

How to prepare for a bank exam? ›

Read on to know more.
  1. Plan properly - The first thing that you need to do is plan. ...
  2. Make a timetable - Next, you need to set a timetable. ...
  3. Use online resources to learn - You should use as much online resources as possible. ...
  4. Go through the entire syllabus - Cover the entire syllabus when preparing for the exam.

Which is the hardest exam in banking? ›

Which is the most toughest bank exam in India? RBI Grade B is considered to be the most toughest bank exam in India.

How many tables should I learn for bank exams? ›

Students in primary and secondary classes are recommended to learn Tables 1 to 20 for their reference, but higher-level students or the candidates who are appearing for the competitive exams can memorise table from 2 to 30.

Which degree is best for banking? ›

Most banking roles require a bachelor's degree in a related field, such as finance, economics, accounting, or business administration. These programs typically cover key concepts in banking and finance and provide a strong foundation for a career in the industry.

How do I pass a bank assessment test? ›

Understand the key responsibilities of a bank teller and the procedures involved. Brush up on your verbal communication skills, numerical and reasoning abilities, attention to detail, and coding with numbers and letters.

How do you pass a bank interview? ›

Be prepared to talk about specific examples. Even though banks can seem similar, being able to talk about why the firm is different and why it interests you will impress the interviewer. Alongside this, use examples of the skills you have to show them that you are suited for the position.

Which banks pay highest salary? ›

1. Goldman Sachs is the highest paying bank overall - $398k in combined salaries and bonuses, on average. Goldman Sachs, which paid average salaries of $200k and average bonuses of $199k for 2023, was the highest paying bank we polled. It took top position by virtue a leap in bonus payments.

What is the highest salary job in bank? ›

Highest-paying banking jobs
  • Credit analyst. ...
  • Financial analyst. ...
  • Fund manager. ...
  • Finance manager. ...
  • Foreign exchange trader. ...
  • Budget analyst. ...
  • Branch manager. ...
  • Investment banker.

Which banking role pays the most? ›

Here are some of the following best-paid banking jobs:
  1. Senior relationship manager. ...
  2. Senior branch manager. ...
  3. 3.. Financial planner. ...
  4. Investment manager. ...
  5. Portfolio manager. ...
  6. Financial analyst. ...
  7. Senior financial advisor. ...
  8. Senior business analyst.
Apr 18, 2024

Which is the toughest exam of bank? ›

Among the toughest bank exam in India, comes the RBI Grade B and SBI PO. To qualify for the most toughest bank exam in India, candidates must have to prepare rigorously along with a strategic approach.

Which degree is best for banking exam? ›

Here are some of the best degrees for banking careers to consider:
  1. Associate degree in banking or finance. ...
  2. Bachelor's degree in economics. ...
  3. Bachelor's degree in finance. ...
  4. Bachelor's degree in business. ...
  5. Bachelor's degree in accounting. ...
  6. Bachelor's degree in information technology. ...
  7. Bachelor's degree in business administration.
Mar 10, 2023

Which bank is rated the highest? ›

What are the top 10 banks in the United States?
  • Chase Bank.
  • Bank of America.
  • Wells Fargo.
  • Citibank.
  • U.S. Bank.
  • PNC Bank.
  • Goldman Sachs.
  • Truist Bank.
Dec 21, 2023

Which government bank exams are easiest? ›

  • IBPS RRB Clerk. IBPS RRB PO. SBI PO. SBI Clerk. IBPS SO. RBI Assistant.
  • RBI Grade B.
6 days ago

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