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Home > Articles > PO Full Form: SBI PO, IBPS PO, Salary, Roles & Responsibilities, Selection Criteria and Exam Pattern 2024
Updated on 12th February, 2024 , 8 min read
PO full form in banking is the probationary officer. In Indian banks, new hires are given this entry-level position. The Probationary Officer (PO) position is one of the most interesting jobs in the banking industry, aside from management trainees and special officers. Due to the fact that recruits are required to serve a set period of probation, this position is classified as a probationary officer.
Bank PO is the full form for a Bank Probationary Officer. It is a managerial-level position that is available throughout India in both Public Sector Banks and Private Sector Banks. A fascinating job in the banking industry, aside from Management Trainees and Special Officers, is Probationary Officer (PO). Since recruits are required to complete a certain length of probationary time, this term is described as a Probationary Officer.
Currently, there is a lot of demand for banking employment. Another of those profiles is the P.O. at the bank. In the financial sector, they are sometimes referred to as Junior Management Grade-1 (JMG-Scale 1). The trainee must complete tasks assigned by their superiors throughout the probationary period and work in several bank departments, including initial registration, check handling, and currency exchange.
Three categories can be used to group the duties of a bank PO:
The following are some of the details about the PO full form in Banking:
Particulars | Details |
PO Full Form | Probationary Officer |
Age of the Applicant | 20-30 Years |
Nationality | Indian |
Qualification | Should have a graduation degree from a recognised university |
Salary | Rs 23,700 - Rs 36,000 Avg. Monthly salary |
The age bracket mentioned above is applicable to applicants belonging to the General category only. An age relaxation of 3 years is applicable for applicants belonging to the OBC category. On the other hand, applicants belonging to SC or ST category will get an age relaxation of 5 years.
The nationality or citizenship of the applicant who appears for the IBPS CWE or Bank PO examination can be one of the following:
A Probationary officer (PO) job description or job profile in a bank includes a variety of responsibilities. The following is a list of some of these responsibilities:
The application fees for the Bank PO examination are as follows:
The Bank PO salary is one of the most crucial considerations for the thousands of applicants who apply for the Bank PO tests each year.
Visit the Bank PO salary page if you're an applicant looking for the Probationary Officer wage structure for any Public Sector or Private Sector Bank.
The Bank PO pay is briefly provided below for the candidates' reference:
PO Full Form Salary | |
Bank | PO Salary Avg. Pay |
SBI PO Pay | Rs. 27,620 |
IBPS PO Salary | Rs. 23,700 |
RBI Grade B Officer Salary | Rs. 35,150 |
*The increments, perks, and other benefits that are given to a Bank PO employee are not included in the above-mentioned Bank PO salary details.*
In the Bank PO selection process, an applicant will be required to go through 3 phases as follows:
The key distinction between these exams is that IBPS is for all nationalized banks that participate in the recruiting, whereas SBI is solely for SBI. SBI PO is on a somewhat higher level than IBPS PO.
Banks | IBPS PO | SBI PO |
IBPS is for all nationalized banks | S.B.I. is only for the State Bank of India | |
Educational Qualification | Candidates must hold a Graduation (Degree) in any discipline from a university accredited by the Government of India or possess an equivalent degree that has been recognised as such by the Central Government. | Candidates must hold a Graduation (Degree) in any discipline from a university accredited by the Government of India or hold an equivalent degree that has been certified as such by the Central Government. |
Age Criteria | Only applicants who are between the ages of 20 and 30 can apply for the exam. | Only those candidates, who are aged between 20 years and 30 years can apply for the exam. |
Exam pattern | The IBPS PO preliminary examination is given online, and candidates have a total of one hour to complete it. There are three sections, a total of 100 questions, and a 100-point cut-off. In the IBPS PO preliminary test, there is a negative marking, with 0.25 marks deducted for each incorrect answer. | Online objective tests will make up the preliminary examination, which carries 100 total marks. There would be three sections to this test, which would last an hour. |
The IBPS PO Selection Process consists of three stages: preliminary exams, main exams, and interviews. To be included on the shortlist for the positions, an applicant must advance through each round. You must be familiar with the exam's format and comprehensive material in order to succeed on the IBPS PO exam. You can use this to wisely prepare for the IBPS PO Exam. Read about the 2023 IBPS PO Syllabus and Exam Pattern below.
Candidates have a total of one hour to complete the IBPS PO preliminary test, which will be administered online. There are three sections, a total of 100 questions, and a 100-point cut-off. In the IBPS PO preliminary test, negative marking is used, and 0.25 marks are deducted for each incorrect response attempted by a candidate. To be eligible for the IBPS PO Mains test, you must pass the cut-off in each of the three sections.
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 has introduced a Descriptive Paper in its Mains Examination where candidates will be judged on their written skills. An essay and a letter will be given to candidates to write that will constitute 25 marks and that has to be completed in a time span of 30 minutes.
• The overall time allotted for each section has also been changed.
• No separate paper will be conducted for Computer Applications. The reasoning is teamed up with the Computer Aptitude section and this entire section will contain 45 questions for a total of 60 marks.
• There will be a penalty of 0.25 marks for wrong answers marked in the Objective Tests.
• The overall time allotted for IBPS PO 2023 Mains Objective Exam has also been changed from 140 minutes to 180 minutes plus 30 minutes for the descriptive test. In total, the time for IBPS PO Mains is 3 hours and 30 minutes.
• The tests of Reasoning Ability & Computer Aptitude, English Language and Data Analysis & Interpretation are divided into two parts: Section A and Section B. All questions in both sections (A & B) are compulsory. Some questions will be of 2 marks and some questions will be of 1 mark.
S. No. | Name of test | No. of Questions | Max. Marks | Medium of Examination | Time Allotted |
1 | Reasoning & Computer Aptitude (Section A and Section B) | 45 | 60 | English & Hindi | 60 minutes |
2 | English Language (Section A and Section B) | 35 | 40 | English only | 40 minutes |
3 | Data Analysis and Interpretation (Section A and Section B) | 35 | 60 | English & Hindi | 45 minutes |
4 | General, Economy/Banking Awareness | 40 | 40 | English & Hindi | 35 minutes |
Total | 155 | 200 | 180 minutes | ||
English Language (Letter Writing & Essay) | 02 | 25 | English | 30 minutes | |
Total | 157 | 225 | 3 hours 30 minutes |
Lastly, IBPS reaches candidates who clear the Main Exam to arrange an interview date. The minimum score required to advance to the interview process, which weighs 100 points, is 40% for general candidates and 35% for SC/ST/OBC/PWD candidates.
For each incorrectly answered question in the IBPS PO 2023 preliminary exam and IBPS PO 2023 main exam, 0.25 marks will be deducted as negative marking. Although no points will be deducted if a candidate leaves a question unanswered or blank.
The candidate will be chosen for the Probationary Officer position after being interviewed and having their overall Main Exam score totalled. Both of these examination phases will carry an equal weight in the ratio of 80:20. After the IBPS PO 2023 Exam Interview Process is completed, a merit list will be created. The joining letter will thus be provided to candidates who make the list by the bank of their preference.
The SBI PO examination is held by the State Bank of India to fill vacant Probationary Officer (PO) positions in its branches all over the nation.
Like all previous tests, the SBI PO Exam 2023 will be administered in three phases:
Candidates must clear the SBI PO Prelims as the first stage. The preliminary exam pattern is as follows:
Name of Subject | No of Questions | Maximum Marks | Duration |
English Language | 30 | 30 | 20 minutes |
Quantitative Aptitude | 35 | 35 | 20 minutes |
Reasoning Ability | 35 | 35 | 20 minutes |
Total | 100 | 100 | 1 hour |
*Every question a candidate answers incorrectly will result in a 0.25 mark deduction. If a candidate skips a question or leaves it blank, there will be no point deduction.*
After passing the preliminary examination, applicants qualify for the SBI PO Mains. The following are the main exam pattern details:
Name of Subject | No of Questions | Maximum Marks | Duration |
English Language | 35 | 40 | 40 minutes |
Data Analysis and Interpretation | 35 | 60 | 45 minutes |
General Economy/Banking Awareness | 40 | 40 | 35 minutes |
Reasoning & Computer Aptitude | 45 | 60 | 60 minutes |
Total | 155 | 200 | 3 hours |
*In objective tests, incorrect responses will be penalized. 1/4 of the marks are deducted for each question that the candidate answers incorrectly. To arrive at a revised score, the question will be penalized. There is no penalty for a question that is left unanswered by the candidate or if the candidate does not mark a response. *
A candidate who passes the SBI PO 2023 preliminary and main exams will also be invited to a GD-PI session, where they will communicate with a panel of selectors about their experiences and answer questions about general knowledge and the banking system.
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By - Nikita Parmar 2024-09-06 10:59:22 , 6 min readThe number of changes made to the S.B.I. P.O. depends on the candidate’s classification. For general applicants, four trials are permitted, but for O.B.C. and PwD (General/O.B.C.), seven tries are permitted.
A Bank PO works as an assistant manager in the branch office where they are assigned. A Bank PO will go through a probationary phase during which time they may be required to perform any position, including management and clerical tasks.
PO Full Form is Probationary Officer
No, a graduation cumulative gpa average of 60% is not required. However, the requirements could vary between banks and could also alter. In such circumstances, kindly review the comprehensive eligibility requirements.
IBPS RRB exams are the easiest to pass out of all the banking exams.
No, the banking sector is distinct from the other employment in the public sector. Government positions are categorized by grades on the one hand. The positions in banking, on the other hand, are categorized using scales. An individual who is a relatively new Bank PO employee will be regarded as a Scale I officer.