Popular Banking Exams in India – Career in Banking

  • utkarsh
  • Jan 06, 2021
  • 0
  • Bank Exam, Blog English,
Popular Banking Exams in India – Career in Banking

Banking is known as one of the most lucrative career options in India. A lot of candidates are driven towards this field because of the high pay scale, job prestige, employee benefits, and much more. The majority of the Indian students give banking exams a try at least once in the hope of getting a job in this sector. If you are looking at making a career in the banking industry in India, you must be aware of the most popular banking exams in India. 

The recruitment in all the banks (especially government banks) is done through a competitive exam only. The candidates who clear the exams are recruited for various positions in the banks. Here we are listing some of the most popular and sought-after banking exams in India. 

IBPS Clerk

The recruitment for the clerical candidates is made through this exam. This exam is conducted by the Institute of Banking Personnel Selection. The selection is made on the basis of two written exams (prelims and mains) which is followed by an interview. The primary job role of the IBPS clerk is direct interaction with customers and data entry.

This exam is conducted online and consists of three sections, viz English Language, Numerical Ability and Reasoning Ability. The exam consists of objective type questions only.  

Eligibility

The candidate applying for the IBPS Clerk exam must have a bachelor’s degree in any discipline from a recognized institute or university. The candidate must lie between the age of 20 to 28 years to be eligible for this exam.

IBPS PO

The Institute of Banking Personnel Selection conducts this examination for the recruitment of Probationary Officer/Management Trainee posts in various banks of India. There are three phases in the exam – Prelims, Mains, and Interview. The primary job role of a PO is increasing the business of the bank and the administration/supervision of clerical works.

This exam consists of objective type questions only. The prelims assess the English Language, Numerical Ability, and Reasoning Ability of the students while the main exam assesses Reasoning & Computer Aptitude, English Language, Data Analysis & Interpretation, and General Awareness, Economy & Banking Awareness.

Eligibility

The candidate applying for the IBPS PO exam must have a bachelor’s degree in any discipline from a recognized institute or university. The candidate must lie between the age of 20 to 30 years to be eligible for this exam.

NABARD

NABARD exam is conducted by the National Bank for Agriculture and Rural Development and attracts lakhs of candidates who wish to join the banking sector. This exam is conducted regularly for the recruitment of Group A, B, and C candidates.

The selection process is different for different grades and positions. For P&SS, only an Interview is conducted while for the RDBS, the Preliminary exam, mains exam, and Interview are conducted.

Eligibility

The candidate applying for the NABARD exam must have a bachelor’s degree in any discipline from a recognized institute or university. The candidate must lie between the age of 25 to 40 years to be eligible for this exam. Candidates holding the position of an Officer in Army/Navy/Air Force can also apply provided they have five years’ experience.

RBI Assistant

RBI stands for Reserve Bank of India. RBI conducts the RBI Assistant exam for the recruitment of eligible candidates for the post of Assistant for various branches of RBI. The selection in this exam is made on the basis of three phases- Prelims, Mains, and Interview. 

The RBI Assistant prelims consist of three segments, namely, English Language, Numerical Ability, and Reasoning Ability whereas the mains consist of Reasoning Ability, English Language, Quantitative Aptitude, General Awareness, and Computer Knowledge.

Eligibility

The candidate applying for the RBI Assistant exam must have a bachelor’s degree in any discipline with a minimum of 50% marks (pass class for SC/ ST/ PWD candidates) from a recognized institute or university. The candidates must have a working knowledge of computers to be eligible for this exam

SBI PO

State Bank of India conducts the SBI PO exam annually to recruit eligible candidates for the post of Probationary Officer. Lakhs of candidates apply for the exam, but only a few are selected depending on the number of vacancies. SBI PO is considered the most sought-after banking exams in the country. Successful candidates are placed as POs in the various branches of the bank.

This exam is held in three phases- Preliminary, Mains, and Group Exercises & Interview. The test comprises of only multiple-choice questions and there are no subjective questions asked in the exam. The candidates can only pass this exam if they have a very strong preparation for the exam. The students can take the help of SBI PO Online Courses to understand the topics better and score well in the exam. 

Eligibility

The candidate applying for the SBI PO exam must have a bachelor’s degree in any discipline from a recognized institute or university. The candidate must lie between the age of 21 to 30 years to be eligible for this exam.

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