PO Full Form: Unveiling the Role and Opportunities in 2023

Table of Contents

• Introduction
• What is PO Full Form in Banking?
• Roles and Responsibilities of a Bank P.O.
• PO Full Form in Banking Highlights
• PO Full Form Eligibility Criteria
• PO Full Form in Banking: Important Facts
• PO Full Form Job Profile
• PO Full Form Exam Application Fee
• PO Full Form Salary Structure
• PO Full Form Selection Process
• PO Full Form: SBI PO vs IBPS PO
• IBPS PO Exam Pattern
• SBI PO Exam Pattern
• Banks Participating in PO Entrance Exams
• Frequently Asked Questions (FAQs)
• Conclusion

In the realm of banking, “PO Full Form” refers to “Probationary Officer.” Delve into the detailed understanding of this term, its role in the banking industry, eligibility criteria, exam patterns, and more. Explore the essential aspects associated with the “PO Full Form” and its relevance in the financial landscape.

Introduction

In the realm of banking, the term “PO” is a significant one, standing for “Probationary Officer.” This article will delve into the multifaceted world of bank PO positions, elucidating their roles, eligibility criteria, selection processes, and more.

What is PO Full Form in Banking?

The abbreviation “PO” in the banking context stands for “Probationary Officer.” It is an entry-level managerial position offered in both Public Sector Banks and Private Sector Banks across India.

Roles and Responsibilities of a Bank P.O.

A Bank Probationary Officer shoulders various responsibilities, including:

– Handling public relations and customer complaints

– Managing branch office staff

– Overseeing foreign currency transactions, mortgages, and loans

– Managing loan paperwork in specific scenarios

PO Full Form in Banking Highlights

Here are some key details about the PO full form in Banking

Probationary Officer

Age of the Applicant 20-30 Years

Nationality Indian

-Qualification Graduation degree from a recognized university

Salary Rs 23,700 – Rs 36,000 Avg. Monthly salary

PO Full Form Eligibility Criteria

The eligibility criteria for a Bank PO position are vital considerations for aspiring candidates. This article provides a comprehensive understanding of the qualifications required and age-related restrictions for applicants.

Graduation Degree Requirement

To be eligible for a Bank PO position, applicants must hold a graduation degree from a recognized board. This educational qualification forms the foundation for entry into this prominent role within the banking sector.

Age Restrictions and Relaxation

The age bracket mentioned below applies to candidates belonging to the General category. Age relaxation policies are in place to provide equitable opportunities to candidates from diverse backgrounds:

• General Category: Applicants must be within the age range of 20 to 30 years.

Age relaxation policies for specific categories are as follows:

• OBC Category: An age relaxation of 3 years is applicable, allowing OBC candidates to apply up to the age of 33 years.
• SC/ST Category: Candidates belonging to the SC or ST category enjoy an age relaxation of 5 years, extending their eligibility up to the age of 35 years.

Nationality and Citizenship

The eligibility extends beyond national borders, encompassing a diverse range of individuals who can participate in the IBPS CWE or Bank PO examination. The following categories of nationality or citizenship are recognized:

1. Indian: Citizens of India are eligible to participate in the examination.
2. Nepal or Bhutan: Individuals who are subjects of Nepal or Bhutan are welcome to apply.
3. Tibetan Refugee: Tibetan refugees who entered India before 1 January 1962 for permanent settlement are eligible.
4. Person of Indian Origin (PIO): PIOs who migrated from Pakistan, Vietnam, Myanmar, Sri Lanka, or specific East African countries are considered eligible candidates.

The application fee is a crucial aspect of the Bank PO examination process. This article elucidates the varying application fees based on different caste categories and provides insights into the financial considerations for aspiring candidates.

Application Fee Details

The application fee for the Bank PO examination is subject to variation based on specific caste categories. The fee structure is outlined as follows:

• For SC, ST, and Other Backward Classes (OBC): Candidates belonging to these categories are required to pay an application fee of Rs.175 only.
• For General Category and Other Categories: As for the General category and other categories, the application fee amounts to Rs.850 only.

Understanding Bank PO Salary

The salary structure for Bank POs is a topic of great interest for candidates seeking careers in the banking sector. For detailed information regarding the wage structure for Public Sector or Private Sector Banks, applicants are encouraged to visit the Bank PO salary page.

Here is a succinct overview of the Bank PO pay for the reference of candidates:

Bank

• SBI PO Pay: Rs. 27,620
• IBPS PO Salary: Rs. 23,700
• RBI Grade B Officer Salary: Rs. 35,150

PO Full Form Selection Process

BPS PO Preliminary Exam Pattern

Candidates participating in the IBPS PO preliminary test will have a total of one hour to complete the examination online. The preliminary test comprises three sections, with a total of 100 questions. A cutoff of 100 points is established for this stage. Negative marking is implemented, deducting 0.25 marks for each incorrect response. Candidates must meet the cutoff in all three sections to be eligible for the IBPS PO Mains test.

IBPS PO Prelims Exam Pattern 2023

S.No.	Name of Tests (Objective)	No. of Questions	Maximum Marks	Duration
1	English Language	30	30	20 minutes
2	Numerical Ability	35	35	20 minutes
3	Reasoning Ability	35	35	20 minutes
Total		100	100	60 minutes

IBPS PO Mains Exam Pattern

The IBPS PO Mains exam features notable changes. A Descriptive Paper has been introduced to assess candidates’ written skills. This includes an essay and a letter, together constituting 25 marks. The overall time allotted for each section has been adjusted. Notably, the Reasoning and Computer Aptitude sections are combined. A penalty of 0.25 marks is imposed for wrong answers in the Objective Tests.

IBPS PO Mains Exam Pattern 2023

 

S. No.	Name of Test	No. of Questions	Max. Marks	Medium of Examination	Time Allotted
1	Reasoning & Computer Aptitude (Section A & B)	45	60	English & Hindi	60 minutes
2	English Language (Section A & B)	35	40	English only	40 minutes
3	Data Analysis and Interpretation (Section A & B)	35	60	English & Hindi	45 minutes
4	General, Economy/Banking Awareness	40	40	English & Hindi	35 minutes
Total		155	200		180 minutes

Descriptive Paper:

S. No.	Name of Test	No. of Questions	Max. Marks	Medium of Examination	Time Allotted
1	English Language	2	25	English	30 minutes

IBPS PO Interview 2023:

Candidates who clear the Main Exam proceed to the Interview stage. The minimum required score for the interview process is 40% for general candidates and 35% for SC/ST/OBC/PWD candidates.

Negative Marking: A deduction of 0.25 marks applies for each incorrectly answered question. No deductions are made for unanswered or blank questions.

Final Selection: The selection for the Probationary Officer position involves assessing Main Exam scores and Interview performance. Both phases are weighted equally in an 80:20 ratio. After the Interview Process concludes, a merit list is generated. Successful candidates receive joining letters from their preferred banks

PO Full Form: SBI PO vs IBPS PO

The article explores the differences between SBI PO and IBPS PO exams, highlighting distinctions in participating banks, educational qualifications, age criteria, and exam patterns

IBPS PO Exam Pattern

Detailed insights into the IBPS PO Exam Pattern for both Preliminary and Mains stages are provided, along with descriptions of the respective sections

SBI PO Exam Pattern

The SBI PO Exam Pattern is outlined, covering the Prelims, Mains, and Interview stages.

Banks Participating in PO Entrance Exams

• C.B.I. Bank( Central Bank of India)
• O.B.C. Bank ( Oriental Bank of Commerce)
• Bank of India
• Canara Bank
• Indian Overseas Bank (IOB)
• Union Bank of India (U.B.I.)
• UCO Bank is a financial institution in the United Kingdom.
• Bank of Baroda (BoB)
• Punjab National Bank (Punjab)
• Reserve Bank of India
• Bank of Punjab and Sindh

FAQs: Q1: How many attempts are permitted for the PO examination?

Ans: The number of attempts for the SBI PO exam varies based on the candidate’s category. General candidates have four attempts, while OBC and PwD (General/OBC) candidates have seven attempts.

Q2: What is the role of a Bank PO?

Ans: A Bank PO works as an assistant manager in a branch office, performing various tasks, including customer relations and office management.

Q3: What is the Full Form of PO?

Ans: The Full Form of PO is Probationary Officer.

Q4: Is a graduation score of 60% necessary for the IBPS PO exam?

Ans: No, a 60% graduation score is not mandatory. However, specific requirements could vary between banks.

Q5: Which bank exam is the easiest to crack?

Ans: The IBPS RRB exams are considered among the easiest to crack among various banking exams.

Q6: Is IBPS PO a Grade A job?

Ans: No, the banking sector uses scales to categorize positions, which is distinct from the grade-based categorization of government jobs.

Conclusion:

In this comprehensive guide, we have explored the intricacies of the PO full form in banking, unraveling its definition, roles, responsibilities, eligibility criteria, salary prospects, and selection process. From understanding the life of a Probationary Officer to comparing SBI PO and IBPS PO exams, this article equips you with valuable insights into the dynamic world of banking careers. Whether you’re an aspirant or simply curious about the banking industry, this guide has provided a comprehensive understanding of the PO full form and its significance.