IBPS Full Form in Banking, What does IBPS stand for?

The Full Form of IBPS is Institute of Banking Personnel and Selection.

IBPS: Institute of Banking Personnel Selection

What is the Full Form of IBPS?

What do you mean by IBPS? All those seeking aspirants preparing their level best must have a fair knowledge regarding what is IBPS, IBPS क्या है?

IBPS stands for Institute of banking personnel and selection. It is the IBPS full form in banking terms. It is an independent organization that conducts the online examination to recruit the officers, clerks, and trainees in the public sector banks in India.

• IBPS RRB Full Form is IBPS Regional Rural Bank
• IBPS PO Full Form is IBPS Probationary Officer
• IBPS Clerk Full Form is IBPS Clerical
• IBPS SO Full Form is IBPS Specialist Officer

IBPS is an independent body that conducts the online exam to recruit the officers, clerks, and trainees in the public sector banks in India.

Every year, around 20 lakh candidates apply for IBPS various examinations for its very limited seats. IBPS PO, IBPS Clerk, IBPS SO, and IBPS RRB are different standards of designations which are offered to many opportunity seekers in the hope of getting a government job placement.

IBPS is located in Mumbai, India; the institute conducts various exams for a different position in the public sector in India. In public sector banks which are; IBPS clerk exams for a clerical position, IBPS PO exam for a probationary officer, IBPS SO exam for a specialist officer, IBPS RRB exam for RRB officer & office assistant in regional rural banks.

In the year 2011, the department of Institute of banking and personnel and selection has started a written examination for the first time to recruits officers and the clerk in the public sector banks.

The departments of IBPS accept the IBPS online application through the official website for the registration of the examination.

• Register for Free IBPS PO Mock Tests
• Register for Free IBPS RRB Mock Tests
• Register for Free IBPS Clerk Mock Tests
• Register for Free IBPS SO Mock Tests

The IBPS exam is held at various locations throughout India.

The eligibility criteria for the IBPS CWE PO exam is a graduation degree from any certified college in any of the streams such as BA, B.Com, B.Sc., etc. from a recognized university.

The percentage of marks obtained in graduation should be mentioned at the time of registration for the IBPS PO exams.

Services of IBPS

IBPS or IBPS Long Form Institute of Banking Personnel and Selection provides its services to all kinds of banks. Check IBPS Participating banks list here.

• PUBLIC SECTOR BANKS
• PRIVATE SECTOR BANKS
• REGIONAL RURAL BANKS
• FOREIGN BANKS

It also extends its services to the co-operative banks, insurance companies, academic institutions, and both private and state-owned companies.

IBPS is an umbrella under which 20 public sector banks and regional rural banks are registered. It started its operation in 1975 and became an independent entity in 1994. The intention behind starting such a move is to enhance human resources development through personal assessment. Like, every organization has its regulatory body;

What is the origin of IBPS?

All the bank that existed way back in the 1990s, were nationalized in the year 1969 and soon after they are required to expand their network and thus the number of the branches which required more staff which could be filled through fresh recruitment drives and doing that on a large network scale needed a proper framework and bodywork and an effective selection process.

Thus, the national institute of bank management the only topmost organization that existed then, which was converted into the IBPS in 1984.

Recruitment process of IBPS

For 5 years, IBPS carries out examination for IBPS PO, IBPS clerk, assistant officer, IBPS specialist officer positions regularly, following a very disciplined custom for appearing in the exam. The eligibility criteria, subjects for preparation, selection criteria; nothing has changed for years except the paper pattern of examination which keeps on changing sometimes.

IBPS notifies about its each upcoming exams for vacancies via pushing notifications on its original website and calls aspirants for applications. Each year against 70000 (around) vacant positions, approximately 20 lakh applications are received.

The IBPS call letters of applicants are uploaded on the website just a few days before the examination date from where the students can easily download by providing their credentials.

The cut-offs, sectional wise and as a whole are updated automatically on the site, students just have to keep themselves updated by regularly serving the website for knowing the exam results.

The recruitment process of IBPS for any position exam is enclosed into 3 phases-

• Prelims
• Mains
• Interview

1. The prelims exam is conducted for an hour for only 3 subjects- English, reasoning and quantitative aptitude. The obtained number of marks is done against 100 marks. on every wrong answer, there is a criterion to deduct ¼ marks on them which is known as a rule of negative marking. The candidates who pass the pre-examination are shortlisted for the next exam i.e. main exam.
2. The main-examination is the success key holder for every appearing aspirant. It is projected on 5 subjects of 200 marks in total, out of which candidate has to score not only the standard cut-off as a whole but sectional cut-offs as well. That way, it is very must to take care of available limited time i.e. 2 hours total. It also follows a negative marking phenomenon.
3. The final stair towards success is named as IBPS Interview section. The student who will clear pre- and mains are called for an interview and then he is provided his deserving position inside the appropriate bank niche.

IBPS PO Full Form

IBPS PO: IBPS Probationary Officer

IBPS PO is the person who remains under probation period for 2 years. Generally, he is appointed in the cadre of manager but to let the person trained in every banking phenomenon, he is placed under training which is known as probation trainee.

The probationer officer is provided the roles of every key responsibilities, like handling the cash transactions, preparing the end reports of every banking logs at every end of the day, dealing with customers, passing cheque, promoting the bank’s new products or policies and achieving the given tasks provided by the bank’s superior authorities. He sometimes has to take into hand the responsibilities of the clerk also.

As PO is the high designation job, so the person in this position has to take care of the jobs below his level and also the above levels too. You can say that being a manager of the bank is not an easy task. He has to be knowledgeable on every ground associated with banking operations and executes his every responsibility with full effectiveness and efficiency so that to promote his bank goodwill.

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IBPS PO Eligibility Criteria: 

As per the new notification released by IBPS for the PO examination, there is no change in the eligibility criteria for 2020 recruitment.

• Age limit: Minimum 20 years & Maximum 30 years as on 01.07.2020
• Educational Qualifications: Should be Graduate from a recognized university/ Institution. No minimum % required.

Age relaxation would be provided in following ways-

• SC/ST- 5years
• Other backward classes/ non creamy layer -3years

Ex-servicemen, commissioned officers including emergency CO or SSCOs who have rendered at least 5 years military service and have been released on completion of assignment (including those whose assignment is due to be completed within 1 year from the last date of receipt of application) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency or physical disability attributable to military service or invalided 5 years.

• Persons with disabilities- 5 years
• Persons ordinarily domiciled in Jammu and Kashmir state during 1-1-80 to 31-12-89 5 years
• Persons affected by 1984 riots -5 years.

IBPS Prelims Exam Pattern Table

Sr No.	Test Name	Qns.	Marks	Duration
1	Reasoning Ability Paper	35	35	20 minutes
2	Quantitative Aptitude Paper	35	35	20 minutes
3	English Language Paper	30	30	20 minutes
	Total	100	100	01 hour

IBPS PO Mains Exam Pattern

Sr No.	Test Name	Qns.	Marks	Duration
1	Reasoning & Computer Aptitude	45	60	60 Min.
2	General/ Economy/ Banking Awareness	40	40	35 Min.
3	English Language	35	40	40 Min.
4	Data Analysis & Interpretation	35	60	45 Min.
	TOTAL:	155	200	03 Hours
5	English Language (Letter Writing & Essay)	2	25	30 Min.

IBPS Clerk Full Form

IBPS Clerk: IBPS Clerical Cadre

IBPS Clerk Introduction-

The clerk role inside any bank is very general and easy one. Directly dealing with customers and solving their general grievances is the main job associated with the clerk. You can say that the clerk is a front window officer or a receptionist who take care of every customer problems who made an entry in the banks.

The clerk job is an entry ticket in the world of finance cooperatives. Once he took an entry there, he act as a supervisor for other subordinate clerks, head cashier to take care of receiving cash and sometimes he has to deal with back office work also.

Now remember one thing that whenever you made an entry inside any bank branch, who is the person who opens up your bank account, who receives cheques from you, who do filings and receive require documents from you in respect to your task execution, who made payments to you, who issues ATM cards ?

Yes, he is nobody else but only the same person that is clerk.

So, have you understood now, that who the actually clerk is.

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IBPS Clerk exam pattern-

The process of selection is encapsulated into 2 phases. These are Prelims & Mains.

IBPS Clerk pre-exam Pattern

Sr No.	Test Name	Qns.	Marks	Duration
1	Reasoning Ability Paper	35	35	20 Min.
2	Numerical Ability Paper	35	35	20 Min.
3	English Language Paper	30	30	20 Min.
	Total	100	100

IBPS Clerk Mains Exam Pattern

Sr No.	(Objective) Test Name	Qns.	Maximum Marks	(Separately timed)
1	General/ Financial Awareness	50	50	35 Min.
2	General English	40	40	35 Min.
3	Reasoning Ability & Computer Aptitude	50	60	45 Min.
4	Quantitative Aptitude	50	50	45 Min.
	Total	190	200	160 Min.

IBPS Clerk Eligibility criteria-

• Citizenship:- The Candidate could be the citizen of either INDIA, NEPAL, BHUTAN or a TIBETIAN REFUGEE who came over to India before 1-jan-1962 with the intention to permanently settle in India.
• Age limit- 20 to 28 years
• Age relaxation-

Sr. No.	Category	Age relaxation
1	Scheduled Caste/Scheduled Tribe	5 years
2	Other Backward Classes	3 years
3	Persons With Disability	10 years
4	Ex-Servicemen/Disabled Ex-Servicemen	actual period of service rendered in the defence forces + 3 years (8 years for Disabled Ex Servicemen belonging to SC/ST) subject to a maximum age limit of 50 years
5	Widows Divorced women and women legally separated from their husbands who have not remarried	9 years
6	Persons ordinarily domiciled in the Kashmir Division of the State of Jammu & Kashmir during the period 1-1-80 to 31-12-89	5 years
7	Persons affected by 1984 riots	5 years
8	Regular employees of the Union Carbide Factory, Bhopal retrenched from service (Applicable to Madhya Pradesh state only)	5 years

• Educational Qualification:

A Degree (Graduation) in any discipline from a University recognized by the Government. Of India or any equivalent qualification recognized as such by the Central Government.

Computer Literacy: Operating and working knowledge in computer systems is mandatory i.e. candidates should have Certificate/Diploma/Degree in computer operations/Language/ should have studied Computer / Information Technology as one of the subjects in the High School/College/Institute.

Proficiency in the Official Language of the State/ UT (candidates should know how to read/ write and speak the Official Language of the State/UT) for which vacancies a candidate wishes to apply is preferable. (Some questions may be put at the time of interview to ascertain the candidate’s familiarity with the Official Language of the State/UT).

Ex-servicemen who do not possess the above civil examination qualifications should be matriculate Ex-servicemen who have obtained the Army Special Certificate of Education or corresponding certificate in the Navy or Air Force after having completed not less than 15 years of service in the Armed Forces of the union.

IBPS SO Full Form

IBPS SO: IBPS Specialist Officer

IBPS SO INTRODUCTION-

Specialist officer at bank is the person holding some special technical skills. He is required in banks to handle the most sensitive and responsible part of banking duties so that to properly circulate the living blood inside the operating unit.

The banking data and information system is the heart of every banking unit and specialist officer is the doctor of that heart. The specialist officer grade is divided into many cadres and these are –

1. IT Officer: IBPS IT officer Full Form: IBPS Information Technology Officer
2. AFO Officer: IBPS AFO Full Form: IBPS Agricultural field officer Full form
3. IBPS Law officer
4. HR Officer: IBPS HR Full Form: IBPS Human Resource Officer
5. Marketing officer
6. Rajbhasha Adhikari officer

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Let’s discuss each of them one by one-

IT Officer: Information Technology officer

This IT officer deals with the technology part of the banking systems. Taking care of security systems on the vertex of virus attacks, hacking, malfunctioning, system cracks are the key responsibilities. Keeping the bank electronic system updated with every new software and developing new useful software for making more easy transactions are also the listed job profile of IT specialist officer.

Qualification required-

1. a) 4 year Engineering/ Technology Degree in Computer Science/ Computer Applications/ Information Technology/ Electronics/ Electronics & Telecommunications/ Electronics & Communication/ Electronics & Instrumentation
   OR
   b) Post Graduate Degree in Electronics/ Electronics & Tele Communication/ Electronics & Communication/ Electronics & Instrumentation/ Computer Science/ Information Technology/ Computer Applications
   OR
   Graduate having passed DOEACC ‘B’ level.

IBPS AFO: Agricultural field officer

The officer of the agricultural field is responsible for promoting various loan schemes in rural areas for farmers by way of various policies, or different products which are framed under the regulation of the government. The pre-investigation before sanctioning of loan and taking care of the recovery of the same at a time is also needed to be considered.

Qualification required-

4 year Degree (graduation) in Agriculture/ Horticulture/Animal Husbandry/ Veterinary Science/ Dairy Science/ Fishery Science/ Pisciculture/ Agri. Marketing & Cooperation/ Co-operation & Banking/ Agro-Forestry/Forestry/ Agricultural Biotechnology/ Food Science/ Agriculture Business Management/ Food Technology/ Dairy Technology/ Agricultural Engineering.

IBPS Law officer

The law officer is the man with knowledge of every legal-illegal laws associated with the organization. Understanding the issues encountered in banks related to banking and providing legal guidance on it is the main role. He/she provides effective legal assistance in the preparation of legal opinions, studies, reports, and correspondence, as required from time to time by various departments of the bank.

Qualification required-

A Bachelor Degree in Law (LLB) and enrolled as an advocate with Bar Council.

IBPS HR/Personnel officer-

This personality deals with the management of human resources inside the bank. Recruitment of staff and taking care of their welfare and development are enlisted in his/her job profile. Not only this, he is responsible for maintaining industrial relations, compensation policies, and other things.

Qualification required-

Graduate and Full-time Post Graduate degree or Full-time Post Graduate Diploma in Personnel Management / Industrial Relations/ HR/ HRD/ Social Work/ Labour Law.

IBPS Marketing officer

The marketing officer is responsible for promoting the bank’s product and branding the banking activities. For this, he chooses different ways of advertisements via newspapers, TV, magazines, mouth marketing and others.  He is the sole personality who frames the new technologies inside banks to attract more and more customers to promote banking new policies.

Qualification required-

Graduate and Full-time MMS (Marketing)/ MBA (Marketing)/ Full time 2 years PGDBA/ PGDBM/ PGPM/ PGDM with specialization in Marketing.

IBPS Rajbhasha officer

The Rajbhasha officer job profile describes his role for translating one language into the other like translating English or Sanskrit documentation into the Hindi language.

Qualification required-

Post Graduate Degree in Hindi with English as a subject at the degree (graduation) level
OR
Postgraduate degree in Sanskrit with English and Hindi as subjects at the degree (graduation) level.

IBPS SO Eligibility criteria-

• Citizenship

A candidate could be the citizen of either INDIA, NEPAL, BHUTAN or a TIBETIAN REFUGEE who came over to India before 1-Jan-1962 with the intention to permanently settle in India.

• Age limit- 20 to 28 years
• Age relaxation-

Sr. No.	Category	Age relaxation
1	Scheduled Caste/Scheduled Tribe	5 years
2	Other Backward Classes	3 years
3	Persons With Disability	10 years
4	Ex-servicemen, commissioned officers including emergency CO or SSCOs who have rendered at least 5 years military service and have been released on completion of assignment (including those whose assignment is due to be completed within 1 year from the last date of receipt of application) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency or physical disability attributable to military service or invalided.	5 years
5	Widows Divorced women and women legally separated from their husbands who have not remarried	9 years
6	Persons ordinarily domiciled in the Kashmir Division of the State of Jammu & Kashmir during the period 1-1-80 to 31-12-89	5 years
7	Persons affected by 1984 riots	5 years

IBPS SO Selection process-

The recruitment process of SO will be carried out in 2 phases-

• CWE- 200 marks
• Interview-100 marks

IBPS SO Paper pattern-

IBPS Preliminary Exam Pattern for IT Officer, Agricultural Field Officer, HR/ Personnel Officer, Marketing Officer (Scale I)

Sr No.	Test Name	Qns.	Marks	Duration
1	Reasoning (रीजनिंग)	50	50	02 hour
2	English Language (अंग्रेज़ी)	50	25
3	Quantitative Aptitude (मात्रात्मक रूझान)	50	50
	Total	150	125

IBPS Prelims Paper Pattern For Law Officer & Rajbhasha Adhikari

Sr No.	Test Name	Qns.	Marks	Duration
1	Reasoning (रीजनिंग)	50	50	02 hour
2	English Language (अंग्रेज़ी)	50	25
3	General Awareness (सामान्य ज्ञान)	50	50
	Total	150	125

IBPS SO Mains Exam Pattern For the Post of Law Officer, IT Officer, Agriculture Field Officer, HR/Personnel Officer and Marketing Officer

Sr No.	Test Name	Qns.	Marks	Duration
1	Professional knowledge (व्यावसायिक ज्ञान)	60	60	45 Minutes
	Total	60	60

For the Post of Rajbhasha Adhikari Mains Exam Pattern

Sr No.	Test Name	Qns.	Marks	Duration
1	Professional knowledge (Objective)	45	60	30 Min.
2	Professional knowledge (Descriptive)	2		30 Min.

IBPS RRB Full Form

IBPS RRB: IBPS Regional Rural Bank

Established in September 1975, RRB has placed its own dignity in terms of providing banking facilities, and credit facility for agriculture so that to save the interest of rural people who are residing in rural areas. however, it has branches in urban areas too.

Ibps conducts examination for rrb for the cadre of officer scale 1, officer scale 2 and officer scale 3. Note that there are 7 posts vacant under IBPS RRB Officer Sc. II, all of them are mentioned below.

1. Agriculture officer
2. Marketing Officer
3. Treasury Manager
4. Law Officer
5. Chartered Accountant
6. IT Officer
7. General Banking Officer

• Register for Free IBPS RRB Mock Tests

IBPS RRB Exam Age criteria – All Candidates who are going to participate in RRB Online test 2020 they should have age in between given criteria.

• Officer Scale-I – 18 – 30 years Age relaxation as per govt norms.
• Officer Scale-II – 21 – 32 years
• Officer Scale III – 21 – 40 years
• Office Assistant (Multipurpose) :- 18 – 28 years

IBPS RRB Preliminary Office Assistant (Multipurpose) Pattern

(Objective) Test Name	Medium of Exam	Qns.	Marks	Duration
IBPS RRB Reasoning Syllabus Paper	Hindi/English	40	40	45 Min.
IBPS RRB Numerical Ability Syllabus Paper	Hindi/English	40	40
Total		80	80

IBPS RRB Preliminary Officer Scale-I Pattern

(Objective) Test	Medium of Exam	Qns.	Marks	Duration
Reasoning	Hindi/English	40	40	45 Min.
Quantitative Aptitude	Hindi/English	40	40
Total		80	80

IBPS RRB Office Assistant (Multipurpose) Mains Exam Pattern

(Objective) Test Name	Qns.	Marks	Duration
IBPS RRB Reasoning Syllabus Paper	40	50	2 hours
IBPS RRB General Awareness Syllabus Paper	40	40
IBPS RRB Numerical Ability Syllabus Paper	40	50
RRB English Language Paper	40	40
RRB Hindi Language Paper (हिंदी)	40	40
RRB Computer Knowledge Paper	40	20
Total	200	200

IBPS RRB Officer Scale I Exam Pattern

(Objective) Test Name	Qns.	Marks	Duration
IBPS RRB Reasoning Paper	40	50	2 hours
IBPS RRB General Awareness Paper	40	40
IBPS RRB Numerical Ability Paper	40	50
RRB English Language Syllabus Paper	40	40
Hindi Language Syllabus Paper (हिंदी)	40	40
RRB Computer Knowledge Paper	40	20
Total	200	200

IBPS RRB Officer Scale-II Exam Pattern (General Banking Officer)

(Objective) Test Name	Qns.	Marks	Duration
IBPS RRB Reasoning Paper	40	50	2 hours
IBPS RRB General Awareness Paper	40	50
Quantitative Aptitude & Data Interpretation	40	40
RRB English Language Paper	40	40
RRB Hindi Language Paper (हिंदी)	40	40
RRB Computer Knowledge Paper	40	20
Total	200	200

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