The Institute of Banking Personnel Selection (IBPS) plays a key role in hiring employees for various public sector banks in India. The IBPS Recruitment 2020 brought numerous job opportunities for those interested in a career in the banking sector. In this guide, we’ll explore the details of the recruitment process, eligibility criteria, and tips to succeed in IBPS 2020.
What is IBPS?
The Institute of Banking Personnel Selection, or IBPS, is an independent organization that conducts recruitment exams for public sector banks across India. It was established in 1975 and has since become an essential part of the hiring process for banks. IBPS is known for its transparent and efficient recruitment system, which helps select qualified candidates for a wide range of banking roles.
IBPS 2020 Recruitment Overview
The IBPS 2020 recruitment opened up several job roles in multiple public sector banks. Below are some important points about the recruitment process:
- The recruitment offered positions in various Indian banks.
- Roles included Clerk, PO, and Specialist Officer, each with specific job responsibilities.
- The recruitment process was merit-based, ensuring a fair selection of the most qualified candidates.
- There were diverse job opportunities available across different sectors in the banking industry.
IBPS 2020 was an exciting prospect for individuals seeking a career in India’s banking sector, and the competition was intense.
IBPS 2020 Job Positions
In 2020, IBPS opened applications for several positions across different public sector banks. The following roles were part of the recruitment:
Clerk Roles
The IBPS Clerk exam is one of the most sought-after exams for many job seekers. Clerks handle customer transactions, assist with account-related tasks, and offer administrative support within banks.
PO/MT Roles
The Probationary Officer (PO) role is more demanding than that of a clerk. POs are responsible for overseeing banking operations, handling customer relationships, and assisting in managerial functions. It is a great option for those looking to build a career in management within the banking sector.
Specialist Officer Roles
IBPS also recruits for Specialist Officer (SO) roles in various areas such as law, marketing, IT, and agriculture. These positions require specialized knowledge and qualifications in the respective fields.
Eligibility Criteria for IBPS 2020
To apply for IBPS 2020 recruitment, candidates had to meet several eligibility requirements, including age limits, educational qualifications, and nationality.
Age Limit
The age limit for IBPS 2020 recruitment varied depending on the position. For Clerk and PO roles, the age range was typically 20 to 30 years, with age relaxations available for candidates from reserved categories.
Educational Qualifications
Candidates needed at least a bachelor’s degree from a recognized university to apply for most roles. For Specialist Officer positions, additional qualifications in the relevant field, such as a law degree or an MBA, were necessary.
Additional Criteria
- Nationality: Candidates needed to be Indian citizens or meet specific criteria if they were from countries like Bhutan or Nepal.
- Language Proficiency: Applicants had to be proficient in the local language of the state they were applying for, particularly for Clerk positions.
IBPS 2020 Selection Process
The IBPS 2020 recruitment process involved multiple stages, starting with an online exam and ending with an interview for certain positions. Here’s an outline of the process:
Preliminary Exam
The first stage of the recruitment was the Preliminary Exam, which was conducted online. The exam had three sections:
- Reasoning Ability
- Quantitative Aptitude
- English Language
The exam was objective and had a time limit of one hour.
Main Exam
Candidates who passed the Preliminary Exam moved on to the Main Exam. The Main Exam covered a wider range of topics, including:
- Reasoning and Computer Aptitude
- Quantitative Aptitude
- English Language
- General Awareness, especially Banking and Economy
The Main Exam had more weight in the final selection process.
Interview
For positions like Probationary Officer and Specialist Officer, candidates had to face an interview. This stage assessed their communication skills, personality, and overall suitability for the role.
How to Apply for IBPS 2020 Recruitment
The application process for IBPS 2020 was conducted online. Here’s how candidates could apply:
- Visit the IBPS Official Website
- Register for the Exam
- Fill in the Application Form
- Upload Required Documents (photo, signature, etc.)
- Pay the Application Fee
- Submit the Form and Save the Confirmation
Candidates had to pay an application fee, which varied based on their category (General, OBC, SC/ST).
Important Dates for IBPS 2020 Recruitment
Here are the key dates for the IBPS 2020 recruitment process:
- Release of Notification: June 2020
- Application Period: June to July 2020
- Preliminary Exam Date: August 2020
- Main Exam Date: September 2020
- Interview Date: October 2020
- Result Declaration: November 2020
Candidates were advised to visit the IBPS website regularly for updates on the recruitment timeline.
IBPS Preparation Tips
Preparation is key to succeeding in the IBPS exams. Here are some tips to help you prepare effectively:
- Study Materials: Choose the best books and online resources to prepare for the exams.
- Time Management: Organize your study schedule to focus on the most important topics.
- Mock Tests: Take regular mock exams to familiarize yourself with the test format.
- Revision: Consistent revision is important to retain information and improve your performance.
Common Mistakes to Avoid in the IBPS Application Process
Here are some common mistakes to avoid when applying for IBPS:
- Incorrect Information: Always double-check your details to ensure they’re correct.
- Not Meeting Eligibility Criteria: Make sure you meet all the eligibility requirements before applying.
- Not Following Instructions: Carefully read all instructions before submitting your application.
Why Work in IBPS-Participating Banks?
Joining a public sector bank through IBPS comes with many benefits:
- Job Stability: Public sector banks offer job security backed by the government.
- Career Progression: There are many opportunities to advance within the bank.
- Attractive Benefits: Employees receive competitive salaries, along with additional benefits like medical allowances, pension plans, and more.
Salary and Benefits in IBPS Roles
The salary packages for IBPS recruits are competitive. Here’s a breakdown of estimated salaries:
- Clerk: ₹19,000 to ₹22,000 per month
- PO/MT: ₹35,000 to ₹40,000 per month
- Specialist Officer: ₹40,000 to ₹45,000 per month
In addition to the basic salary, employees enjoy allowances like house rent and medical benefits.
Challenges in IBPS Banking Jobs
Although working in IBPS-participating banks offers great career opportunities, there are some challenges as well:
- High Work Pressure: Bank employees often have to meet strict performance targets.
- Long Hours: Especially in customer-facing roles, you may need to work extended hours.
Conclusion
IBPS Recruitment 2020 was an exciting opportunity for those seeking a career in India’s banking industry. With a transparent process, a range of job opportunities, and attractive benefits, it was a sought-after option for many. Those who succeeded in the recruitment process gained access to a stable, rewarding career in banking.