It has become very common for graduates from all disciplines to aspire for bank jobs in India.Even those who are working in other fields are looking to enter the banking sector.It is primarily due to the streamlined selection process in the form of IBPS common bank exams for govt bank recruitments.But do you know there are other ways to apply for bank jobs without IBPS exam scores?
The Government of India has mandated Institute of Banking Personnel Selection (IBPS) to conduct recruitments on behalf of all the public sector banks in India.
So if you wish to become an Officer or Clerk in any of the 24 state owned banks, you should have qualified in the IBPS CWE (common written exam) & interviews.
50,000 Bank Jobs through IBPS:
The IBPS common examinations are conducted once a year with separate tests for each post – PO, Clerk, Specialist Officer & Regional Rural Banks (RRB).See below for the steps involved:
- Online registration of applications & fee payment
- Online written test
- Common Interviews
- Job allotment
After you appear for the online test, IBPS shall fix a minimum cutoff for each category & only those candidates who are above it shall be shortlisted for personal interviews.
For the past 2 years, approx. 50,000 vacancies (PO & Clerk cadre) had been filled in public banks alone.
Can`t I apply without IBPS Score?
Although the common bank exams have reduced the time taken by banks to complete hiring, it is not advantageous for bank job aspirants.Why?
There are many people who spend atleast 6-8 months in preparing for these tests.But if they are not able to qualify, they have no other choice but should wait for another year to re-apply.
For long we had such candidates asking us this question – Which other bank jobs can I apply without IBPS scores?
This is the right time to answer them as new bank vacancies have been announced that doesn’t require IBPS CWE.They are:
Baroda Manipal PO Recruitment: Bank of Baroda had launched Baroda Manipal School of Banking (BMSB) in association with the Manipal group.
- You would be appointed as an Officer (PO) on completing the 1 year Post Graduate Diploma in Banking and Finance course.
- There is a facility to avail an education loan to meet the program cost & repayment for this loan shall start after you join as PO.
A candidate who has completed degree with 60% is eligible for this training-cum-recruitment activity.
Update: As the online registration for 2015 batches closes on March 17, click here for more details on the process.
ICICI Bank PO Recruitment: Do you wish for India`s largest private sector bank? Then ICICI Bank Probationary Officer Training Programme is the right platform for people who are looking for a challenging work environment to grow.
- ICICI Bank selects candidates for its ICICI Manipal Academy located at Bengaluru where they undergo 1 year residential training.
- On completion,they will be awarded PGDB degree & also absorbed as Deputy Manager in the bank.
The bank will sanction a loan for selected candidates at a lower interest which will automatically deducted for their salaries after appointment. Visit this page here for detailed info
Axis Bank PO Recruitment: Axis Bank in association with Manipal Global Education started the ‘Young Bankers Program’ to attract graduates start a career with the bank.
The young bankers program also features 1 year training, after which all successful candidates are given a PG Diploma in Banking Services & absorbed in the Assistant Manager grade.
Federal Bank PO Recruitment: Federal Bank, one of the most popular in private sector also follows a similar procedure to recruit candidates for its branches across many states.
Federal Manipal School of Banking trains the selected candidates for 1 year & awards a PG diploma in banking & finance (PGDBF).They are then employed as PO in Federal Bank.
Syndicate Bank PO Recruitment: For the first time, Syndicate Bank in 2014 announced of recruiting PO`s with a tieup between Manipal University & NITTE University.
It was not different from any procedures followed above by other banks.There were also bonds to make sure the selected candidate stay with Syndicate bank upto 10 years.
IDBI Bank PO Recruitment: IDBI Bank is yet another govt.owned bank that provides employment for candidates completing training through IDBI Manipal School of Banking in its branches as Assistant Manager.
On completing the training of 1 year, you will be awarded PGDBF from Manipal University along with the job.
Expecting: THE IDBI Manipal School of Banking`s notification is expected to be released in the month of June, just like last year.
A large no. of vacancies in public sector banks are filled through IBPS exams & it is the reason for the institute to release IBPS Bank Exams Calendar in advance.
Incase you are not eligible or don’t qualify in CWE, you can always appear for the above recruitments & make your bank jobs dream come true.