The Institute of Banking Personnel Selection (IBPS) is set to reveal the IBPS PO vacancies for the year 2023 through an official notification in the coming weeks of August. The vacancies will be categorised based on different groups and will be allocated state-wise. In the previous year, 2022, a total of 6932 vacancies were made available for the IBPS PO examination, while in 2021, the number of vacancies announced was 5,809. The purpose of the IBPS PO exam is to hire eligible candidates for the position of Probationary officer/Management trainee in various banks. The selection process for IBPS PO includes a preliminary examination, mains examination, and an interview round.
Banks participating in IBPS PO Exam are an excellent opportunity for students to commence their careers as a banker. Other than that, there are many other factors why students look up to apply for the IBPS PO Exam.
Here is a list of influential aspects of why students choose to apply for the IBPS PO Exam.
Benefits of Applying for IBPS PO Exam
Reputation in Society
The IBPS PO exam is the opportunity to work in the top public sector banks. Every government employee has its own worth and reputation in the society. People look up to them as ideal and a respectful civilians. Therefore, cracking IBPS PO gives you the utmost sense of respect in society.
Salary Structure
Every public sector bank employee is subject to an attractive amount of salary that includes other facilities and allowances as well. You can easily afford an upper middle class lifestyle while being an IBPS PO.
Allowances
The job location allotment of a Bank PO completely depends upon the discretion of the participating banks. But the best part is, you won’t suffer anyway even if you get allocated somewhere far from your home. You will get an allowance for everything, be it house, security, travel or medical. Being an IBPS PO, you will get allowances based on the type of city you would get allocated. Tier 1,2, or 3 and your allowances will be based on the cost of living in the respective cities. A huge list of allowances is offered by various public sector banks participating under IBPS PO.
Pension
The best part about working as a given bank employee is you will get a handsome amount of money as your pension after retirement from your service. A specific amount of money will get deducted from your monthly salary from this.
Career Growth
The career or promotional growth of an IBPS PO is quite impressive. Here is a level of promotional growth after an IBPS PO. The list is in descending order.
IBPS PO Exam 2023 Summary
After getting to know about some of the major reasons why aspirants attract towards applying for the IBPS PO Exam, it’s time to familiarise yourself with the IBPS PO Exam 2023 tentative summary. Below is the table that includes everything about the vacancies, application fees, and recruitment process for this exam. You will see this in the official notification of the IBPS PO Exam 2023.
IBPS PO 2023- Exam Summary | |
Organisation | Institute of Banking Personnel Selection (IBPS) |
Post Name | Probationary Officer |
Vacancy | To be notified |
Participating Banks | 11 |
Application Mode | Online |
Online Registration | August 2023 |
Exam Mode | Online |
Recruitment Process | Prelims- Mains- Interview |
Education Qualification | Graduate |
Age Limit | 20 years to 30 years |
Salary | Rs. 52,000 to 55,000 |
Official website | www.ibps.in |
IBPS PO State Wise Vacancy List 2023
IBPS PO is the national-level examination for recruiting probationary officers for public sector banks. Therefore, no matter wherever you live, IBPS can allot you a location at any branch of the bank participating under IBPS. So there is no role of State-wise vacancies under IBPS. But you can find the Bank wise number of vacancies under the IBPS. Each bank has a specific number of vacancies for each post. So never look for state-wise vacancies; instead, you can check bank-wise vacancies.
Now let’s the Bank wise vacancies distribution of IBPS PO of the previous two years.
IBPS PO Vacancies Bank-wise Distribution
IBPS PO Bank Wise Vacancies 2022-23
Participating Bank | Revised Vacancy |
Bank of India | 535 |
Bank of Maharashtra | 500 |
Canara Bank | 2500 |
Punjab National Bank | 500 |
Punjab & Sind Bank | 253 |
UCO bank | 550 |
Union Bank of India | 2094 |
Every bank has its own number of vacancies divided among various reserved categories like SC ST, OBC, UR and EWS. Now let’s have a look at the category wise vacancy distribution of the banks under IBPS PO 2022-23.
IBPS PO Vacancies 2022-23 Category wise
IBPS Bank | SC | ST | OBC | EWS | UR |
Bank of India | 80 | 40 | 144 | 53 | 218 |
Bank of Maharashtra | 75 | 37 | 135 | 50 | 203 |
Canara Bank | 375 | 187 | 675 | 250 | 1013 |
Punjab National Bank | 75 | 37 | 135 | 50 | 203 |
Punjab & Sind Bank | 38 | 23 | 66 | 24 | 102 |
UCO Bank | 82 | 41 | 148 | 55 | 224 |
Union Bank of India | 346 | 155 | 573 | 184 | 836 |
Total | 1071 | 520 | 1876 | 666 | 2799 |
This year the IBPS is all set to release its official notification for Bank PO in the first week of August. Please refer to the below table to know the tentative dates of IBPS PO Exam as mentioned in the annual calendar of the IBPS Exams 2023.
IBPS PO Exam 2023-24 Tentative dates
Dates | Recruitment Event |
August ’23 | IBPS PO application form 2023 |
August ’23 | IBPS PO notification 2023 |
23 Sept ’23 | IBPS PO 2023 prelims exam (Day 1) |
30 Sept ’23 | IBPS PO 2023 prelims exam (Day 2) |
1 Oct ’23 | IBPS PO 2023 Prelims Exam (Day 3) |
5 Nov ’23 | IBPS PO 2023 Mains Exam |
Conclusion
The IBPS PO Exam offers numerous benefits, such as a respectable position in society, attractive salary packages, and various allowances to ensure a comfortable lifestyle.
Moreover, the opportunity for career growth and a handsome pension after retirement adds to the appeal of this examination. While the specific vacancies for 2023 are yet to be announced, the previous year’s data reveals the distribution among participating banks and categories.
Aspiring candidates should keep an eye on the official notification in August and commence their preparation for the preliminary and mains exams. With dedication and hard work, success in the IBPS PO Exam can lead to a fulfilling and prosperous career in the banking industry.
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