Banks jobs are lucrative and secure. And that is why they are highly coveted among the Indian youth. Every year a number of banking institutions schedule entrance exams. Purely on the basis of merit and the test scorecards, candidates are selected to serve in banks. The entrance exams are intensely competitive since lakhs of hopeful young men and women register for them. If you have a dream of securing a job in the public banking world, then you need a comprehensive idea on which are the most popular bank exams in India that you need to appear in.
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Types of Bank Exams in India
Exams organized by IBPS
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The Institute of Banking Personnel Selection is a body that recruits officers and other staff members for all the public sector banks except the State Bank of India. IBPS has mandated qualifying the Common Written Examination or CWE to be recruited as a Probationary Officer or Clerk or Management Trainee in any of its 22 participating banks.
Here is a list of entrance exams organized by IBPS-
- IBPS PO Examination
Probationary Officer is a post that pays a hefty paycheck and comes with a significant amount of esteem and regard. If you want to become a PO, you will have to qualify the entrance exam which comprises 3 phases-
- Phase 1- the preliminary test (Quantitative Aptitude, Reasoning Ability and English Language)
- Phase 2- the mains test (Reasoning and Computer Aptitude, English Language, Data Analysis and Interpretation, General/Economic/Banking Awareness)
- Phase 3- interview
- IBPS Clerical Examination
IBPS Clerk exams are just as popular as the PO exams. This test has 2 phases-
- Phase 1- the preliminary test (Quantitative Aptitude, Reasoning Ability and English Language)
- Phase 2- the mains test (Reasoning and Computer Aptitude, English Language, Quantitative Aptitude, General/Economic/Banking Awareness)
There is no interview in this entrance exam.
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- IBPS Specialists Examination
This entrance exam hires IR officers, Rajbhasha Adhikari Officers, Law Officers, HR Officers, Agricultural Field Officers, and Marketing Officers.
Like the IBPS PO exam, this entrance exam to has 3 phases-
- Phase 1- the preliminary test (Quantitative Aptitude, Reasoning Ability and English Language)
- Phase 2 or the mains will test the candidate on his/her Professional Knowledge
- Interview
- IBPS RRB Exam
This entrance exam recruits personnel for the Regional Rural Banks. This is another very trusted examination. To be in the RRB cadre, a candidate will have to qualify three stages of the entrance exam-
- Preliminary
- Mains
- Interview
Exams organized by SBI
The State Bank of India recruits its own personnel and posts them across the country. Here are the SBI exams you need to know about-
- SBI PO Exam
This is one of the most challenging bank exams in India and you need lots of preparation well in advance to get a good score in this exam. These are the phases of the exam-
- Prelims Phase– (Quantitative Aptitude, Reasoning Ability and English Language)
- Mains (Reasoning and Computer Aptitude, English Language, Data Analysis and Interpretation, General/Economic/Banking Awareness). The mains will also accommodate a descriptive paper, a test of the English Language.
- Group Discussion and Interview
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- SBI Clerical Exam
This exam recruits people for the clerical posts. Here is the format of SBI Clerical entrance exam-
- Preliminary exam (Quantitative Aptitude, Reasoning Ability and English Language)
- Mains ( General English, Quantitative Aptitude, Reasoning Ability, and Computer Aptitude, General/Financial Awareness)
There is no interview for this exam.
- SBI Specialist Officers Exam
This test recruits assistant managers, engineers, analysts, architects, designers, developers administrators, chartered accountants, tester, innovation specialist and various other posts for its branches across the country.
For most of the posts, it is a 2-part entrance exam-
- Paper 1
- Paper 2 or Professional Knowledge
There will a descriptive 3rd paper for the post of Economist.
Exams organized by RBI
RBI schedules this exam to recruit its own officers. These are some of the toughest entrance tests in the country-
- RBI Grade B Exam
- Preliminary phase (General English, Quantitative Aptitude, Reasoning Ability, General Awareness)
- Main exam (Economics and Social Issues, English Writing Skills, Finance, and Management)
- Interview
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- IDBI Assistant Manager
This Bank offers brilliant opportunities for a fine and distinguished career. Here is the exam pattern-
- Online Test
- Interview
- IDBI Executive Recruitment
This test also comprises an online exam-
- Reasoning
- Quantitative aptitude
- English Language
Now that you know about the major bank exams in India you can start preparing and registering for them. Oliveboard can help you ace your preparation by giving you the right direction and also providing you the quality content for the exam preparation.
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