IBPS PO Bank Preference 2024: Check the Factors to Consider Here
Once the IBPS PO Registration Process 2024 begins, the candidates have to fill IBPS PO Bank Preference. Institute of Banking Personnel Selection (IBPS) conducts the IPS PO exam every year for recruitment of probationary officers, management trainees in different PSU Banks. The official IBPS PO notification for the year is expected to be released, candidates can check out the details on their official website. The IBPS PO examination will be conducted in three stages namely prelim exam, mains exam and the final interview round. This article on IBPS PO Bank Preference 2024 will help the candidates to decide which bank they should opt for and what are the vacancies for the several participating banks. There are tips on how to choose the right bank for oneself under the IBPS PO Bank Preference which the candidates can go through to make their decision more easier and clear.
List of Participating Banks - IBPS PO Bank Preference 2024
The most important thing is to know what all options the candidates have to choose from. The list of participating bans has been released and candidates can check it on the official website. Here is the list of 11 banks for the IBPS PO Bank Preference list
- Bank of Baroda
- Bank of India
- Bank of Maharashtra
- Canara Bank
- Central Bank of India
- Indian Bank
- Indian Overseas Bank
- Punjab National Bank
- Punjab and Sind Bank
- UCO Bank
- United Bank of India
Check the previous year IBPS PO exam analysis to get a idea of this year as well
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Factors to consider for IBPS PO Bank Preference
There will be a huge confusion among the candidates on which IBPS PO Bank Preference should they opt for. Here are a few factors on which the candidates can select their IBPS PO Bank Preference based on:
Job Priority
Some candidates might not be looking forward to relocating and continuing working in the same state or region. They should research the banks in their state and fill up the same as their prior preference. There are reserved seats for female applicants which makes it easier for them to get their preferred bank at their desired location. Before finalising the bank preference candidates must know that the bank they will be allotted, they will have to work there for a particularly long time.
Vacancies
Candidates can also set their IBPS PO Bank Preference based on the vacancies available. Choosing the bank with the maximum number of vacancies increases the chances of the candidates to get selected at the preferred location. The table consists of the vacancies available at several banks. Below mentioned is the category-wise vacancies available for IBPS PO 2024:
|
Category |
Vacancies |
|
General |
1224 |
|
EWS |
300 |
|
OBC |
829 |
|
ST |
234 |
|
SC |
462 |
Check out this IBPS PO Vacancy List 2024 here.
Location
If candidates have a specific location preference it is important that they check out the best bank preferences for the particular regions. Usually the banks have maximum vacancies in the city their headquarters is located. However, the candidates must not take chances to select only a limited number of banks.
Work Culture and Headquarters
Candidates must think that these factors are not so important but they are. The work culture of the bank will make a huge impact on the candidates career growth and overall job satisfaction. Work cultures in different banks are different. Check out the work culture of all the IBPS PO Bank Preferences below:
|
Bank |
Work Culture |
|
Bank of Baroda |
Most of the branches of this bank are in metro, urban and semi-urban locations. There are a few international branch locations as well. Bank of Baroda is the second largest bank after SBI and has a very organized and friendly working environment. |
|
Bank of India |
The bank has a healthy work environment and the career growth marked is also really good. There are several foreign branches of the bank as well. Maximum branches are located in the Western India. |
|
Bank of Maharashtra |
There are no foreign branches of this bank. The work environment is very helpful and there are several good career opportunities. |
|
Canara Bank |
Canara bank is one of the oldest public sector banks. There's different scope for proficient and individual development and the general criticism of representatives is positive. The work culture and vibe are exceptionally progressive. There are several foreign branches of this bank. |
|
Central Bank of India |
There are openings for development but the strategy of working is or maybe unorganized. There are blended reviews of employees. There are several foreign branches of this bank. |
|
Indian Bank |
The work environment is imaginative and accommodating to the new-comers. There are ceaseless learning openings and the audits are positive from the workers. There are several foreign branches of this bank. |
|
Indian Overseas Bank |
Neighborly work culture and great openings to learn. There are several foreign branches of this bank. |
|
Punjab National Bank |
Habitually preparing programs for workers. Proficient working environment. |
|
Punjab and Sind Bank |
The work environment is steady but the development and learning scopes are constrained. There are several foreign branches of this bank. |
|
UCO Bank |
The work environment is challenging and sound at the same time. There are several foreign branches of this bank. |
|
United Bank of India |
There's sufficient scope for development and openings in this bank. There are several foreign branches of this bank. |
The table below has the headquarters and total number of branches of the IBPS PO Bank Preferences:
|
Bank |
Headquarters |
Total branches |
|
Bank of Baroda |
Vadodara |
9470 |
|
Bank of India |
Mumbai |
5100 |
|
Bank of Maharashtra |
Mumbai |
1897 |
|
Canara Bank |
Bangalore |
6205 |
|
Central Bank of India |
Mumbai |
4685 |
|
Indian Bank |
Chennai |
2900 |
|
Indian Overseas Bank |
Chennai |
3700 |
|
Punjab National Bank |
Delhi |
6937 |
|
Punjab and Sind Bank |
Delhi |
1559 |
|
UCO Bank |
Kolkata |
4000+ |
|
United Bank of India |
Kolkata |
4298 |
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Salary and Transfers
Salary, promotions, career growth are also the factors to be taken into consideration while choosing the IBPS PO Bank Preference. Candidates should also look into the allowance schemes available in the banks to make sure they have the benefits in the job they are looking for. Know more about IBPS PO Salary & Job Role here.
The more branches the more will be the chances of candidates getting transferred frequently. If frequent transfers could be a possible problem then the candidates must choose the banks with less number of branches. Also going through the transfer policies is advisable.
Go through the IBPS PO Recruitment previous years’ question papers and solve those.
Best IBPS PO Bank Preference based on regions
Below mentioned are the list of IBPS PO Bank Preferences options for the candidates based on the regions:
|
Regions |
IBPS PO Bank Preferences |
|
Northern India |
Punjab National Bank |
|
Bank of Baroda |
|
|
Punjab and Sind Bank |
|
|
Canara Bank |
|
|
West and Central India |
Bank of Baroda |
|
Bank of Maharashtra |
|
|
Canara Bank |
|
|
Indian Overseas Bank |
|
|
East and North-East India |
Bank of India |
|
Bank of baroda |
|
|
UCO Bank |
|
|
Union Bank of India |
|
|
Canara Bank |
Download IBPS PO Exam Previous Year Papers to boost your exam preparation!
Tips to choose right IBPS PO Bank Preference
Along with the factors mentioned above, candidates must also follow the below mentioned tips for the selection of IBPS PO Bank Preference so that they choose the right bank preference-
- It is necessary to do a deep research for each and every bank preference available and also look into its perks and benefits before the application forms are filled out. Once decided candidates can choose the bank reference on the application form.
- Candidates can also choose to stay in their own state and avoid relocation, in this case it is advised to make sure of the available bank preference options available in the candidate's state and choose accordingly.
- There are many vacancies for the female candidates hence they can easily get their desired bank preference in their own region/ state.
- Know the complete IBPS PO Syllabus here.
To know more about the IBPS PO exam candidates can check out the Testbook app. Candidates can also get the preparation tips, previous year papers, detailed notes, and much more for the preparation of the IBPS PO exam. Download the application today and avail the benefits provided!
