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    You are at:Home»Education»Everything You Need to Know About IBPS PO 2023

    Everything You Need to Know About IBPS PO 2023

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    By Makee on August 17, 2023 Education

    IBPS PO 2023 exam is round the corner and the exam dates have also been announced on the official website. The candidates who are preparing for the IBPS PO 2023 exam should be well aware of the basic eligibility and selection process. Additionally, the candidates also need to get an understanding of the salary structure and IBPS PO job profile. In this article, we have covered all the details in depth. 

    On this page

    • IBPS PO 2023 Highlights
    • IBPS PO 2023 Exam Dates
    • IBPS PO 2023 Exam Pattern
      • IBPS PO Preliminary Exam
      • IBPS PO Mains Exam
    • IBPS PO 2023 Salary Structure
      • Allowances
    • IBPS PO Job Profile
    • IBPS PO 2023 Total Vacancies
    • IBPS PO 2023 Preparation Tips
    • FAQs

    IBPS PO 2023 Highlights

    IBPS PO 2023- Exam Summary
    Organisation Institute of Banking Personnel Selection (IBPS)
    Post Name Probationary Officer
    Vacancy 3049
    Participating Banks 11
    Application Mode Online
    Online Registration 01st to 21st 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 ibps.in

    IBPS PO 2023 Exam Dates

    Candidates can know about the date-wise events for the IBPS PO 2023 examination in the table below. 

    IBPS PO 2023 Exam Dates
    Events Dates
    IBPS PO Notification 2023 31st July 2023
    Online Registration Process Starts 01st August 2023
    Online Registration Process Ends 21st August 2023
    IBPS PO Prelims Admit Card 2023 September 2023
    IBPS PO 2023 Preliminary Exam Date 23rd, 30th September and 01st October 2023
    IBPS PO Mains Admit Card 2023 October 2023
    IBPS PO Mains Exam Date 2023 05th November 2023

    IBPS PO 2023 Exam Pattern

    IBPS PO Preliminary Exam

    • The IBPS PO exam will be held in online mode
    • There will be 100 questions from English Language, Numerical Ability and Reasoning Ability
    • A negative marking of 0.25 marks is applicable for the wrong answers
    IBPS PO Prelims Exam Pattern 2023
    Name of Tests(Objective Total Questions Total Marks Duration
    English Language 30 30 20 minutes
    Numerical Ability 35 35 20 minutes
    Reasoning Ability 35 35 20 minutes
    Total 100 100 60 minutes

    IBPS PO Mains Exam

    • The IBPS PO Main exam will be held in the online mode for both objective and descriptive paper
    • Those whose cut off marks for objective paper are cleared will be called for the descriptive paper
    • A negative marking of 0.25 marks is applicable for the wrong answers
    IBPS PO Mains Exam Pattern 2023
    Name of Tests(Objective Total Questions Total Marks Duration
    Reasoning & Computer Aptitude 45 60 60 minutes
    English Language 35 40 40 minutes
    Data Analysis & Interpretation 35 60 45 minutes
    General Economy & Banking Awareness 40 40 35 minutes
    Total 155 200 3 Hours
    English Language (Letter Writing & Essay) 2 25 30 minutes

    IBPS PO 2023 Salary Structure

    An IBPS PO gets a basic salary equal to Rs 36,000 in the pay scale of IBA. The candidates are paid the basic salary along with other allowances like DA, CCA, HRA, Special Allowance etc. The gross IBPS PO salary equals to Rs 57,000 and the net salary for a Probationary Officer goes to Rs 52,000 after all the possible deductions. Here is the detailed breakup of the IBPS PO salary structure. 

    IBPS Bank PO Salary Structure in India
    Basic Pay Rs. 36,000
    Special Allowance Rs. 5,904
    Dearness Allowance Rs. 8,593.20
    CCA Rs. 1,400
    Learning Allowance Rs. 600
    DA Others Rs. 1,552.50
    Housing Rent Allowance Rs. 3,240
    Gross Salary Rs. 57,289.70
    Deduction (Tax & NPS) Rs. 4,659.32
    Net Salary Rs. 52,630.38

    Allowances

    • Dearness Allowance (DA)
    • Special Allowance
    • HRA
    • City Compensatory Allowance
    • Leased Accommodation
    • Travelling Allowance
    • Newspaper reimbursement
    • Medical Aid

    IBPS PO Job Profile

    An IBPS PO is a Officer Scale 1 profile in the Public Sector bank. They work as an officer in the entry level position. The candidates who qualify for all the rounds of the selection process get qualified for the IBPS PO job profile. Know more about the roles and responsibilities below. 

    1. Customer Service
    2. Account Management
    3. Cash Handling
    4. Loans and Credit
    5. Cross-Selling
    6. Report Generation
    7. Compliance and Regulations
    8. Grievance Handling
    9. Supervision and Leadership
    10. Business Development
    11. Risk Management
    12. Training and Skill Development

    IBPS PO 2023 Total Vacancies

    IBPS has announced 3000+ vacancies for the Probationary Officer post. The authorities have divided the vacancies for different categories. Know the detailed breakup of the IBPS PO 2023 vacancies below. 

    IBPS PO Vacancy 2023
    Participating Banks SC ST OBC EWS General Total
    Bank of Maharashtra NR NR NR NR NR NR
    Bank of Baroda 33 16 60 22 93 224
    Bank of India NR NR NR NR NR NR
    Canara Bank 75 37 135 50 203 500
    Central Bank of India 300 150 540 200 810 2000
    Indian Bank NR NR NR NR NR NR
    Indian Overseas Bank NR NR NR NR NR NR
    Punjab National Bank 30 15 54 20 81 200
    Punjab & Sind Bank 24 16 40 08 37 125
    UCO Bank NR NR NR NR NR NR
    Union Bank of India NR NR NR NR NR NR
    Total 462 234 829 300 1224 3049

    IBPS PO 2023 Preparation Tips

    1. Effective Time Management: Allocate specific time slots for each subject and stick to your study schedule. Efficient time management ensures comprehensive coverage of the syllabus.
    2. Regular Mock Tests: Practice mock tests and previous year’s papers to gauge your progress, identify weak areas, and improve your exam-taking skills.
    3. Conceptual Clarity: Focus on building a strong foundation by understanding fundamental concepts in all subjects. This clarity will help you tackle a variety of questions.
    4. Current Affairs Updates: Stay updated with current affairs and banking-related news to excel in the General Awareness section. Daily reading and note-taking can enhance your knowledge.
    5. Mock Tests and Previous Year Papers: Take regular mock tests to simulate the exam environment. Analyze your performance, identify weak areas, and work on improving them. Solve previous year’s papers to get an idea of the question patterns.

    FAQs

    1. How do I start preparing for IBPS PO 2023?

    Ans. Candidates should commence their preparation by analysing the previous year’s papers and understanding the syllabus. 

    1. What is the eligibility for IBPS PO 2023?

    Ans. The candidate should be a graduate in any discipline from a recognised university with passing marks. 

    1. Will there be an IBPS PO exam in 2023?

    Ans.  Yes, there will be an IBPS PO exam in 2023

    1. What is the basic salary for IBPS PO 2023?

    Ans. The basic salary for IBPS PO 2023 is Rs 45000 to Rs 50000. 

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