HomeOthersBank ExamBank exam eligibility 2022

Bank exam eligibility 2022

Bank exam 2022: eligibility, brief and benefits

The bank exam is one of the most desirable exams in India and is among the highest graded exams for aspirants enrolling in the banking sector or domain. There are different types of bank examinations conducted by various banks such as SBI, IBPS, RBI, and so on every year. Nowadays, the banking sector is becoming a prominent choice among fresh graduates and working professionals. It comes with benefits like career stability, attractive salary, job security, and challenges to help personal growth.

As impressive as it seems, getting through the bank exam is not a piece of cake. It’s one of the challenging exams, with the competition increasing exponentially in India. Hence, aspirants need to prepare thoroughly to get into a top-notch bank. Therefore, we are here to provide you with a piece of descriptive information about each sector of the bank exam so that you can choose the best suitable option for you by considering all the factors.

Bank exam eligibility criteria are important factors to look upon when a candidate is applying for the examination. There are minor changes every year in the bank exam eligibility criteria. It’s advisable to look upon the changes to avoid delays in application submission.

Types of bank exams

There are four significant types of bank examination bodies in India that conduct the exam: SBI, IBPS, and RBI to get a job in the bank. The bank examination body gives posts like the P.O. exam, SO exam, Clerk exam, RRB exam, and NABARD. The specific exam can be opted by the candidates according to their career goals in the banking sector. Below are the details of every examination sector in banking.

State Bank of India

SBI (State Bank of India) is an Indian multinational public sector bank and financial services headquartered in Mumbai, Maharashtra. SBI bank is the only bank listed in fortune Global 500 at the 221st rank, and it is the 43rd largest bank in the world. Further, it is the fifth-largest employer in India, with nearly 250,000 employees 22,219 branches all over India.

SBI conducts exams to hire candidates for various posts like:

  •       SBI Probationary Officer (PO)
  •       SBI Clerk (Junior Associates)
  •       SBI Specialist Officer (SCO/SO)

Eligibility criteria for appearing in the SBI bank exam are majorly based on three factors that are respectively for each post in SBI:

  1. Nationality
  2. Educational Qualification
  3. Age limit

SBI Probationary Officer (PO)

Eligibility Factors Minimum Criteria
Nationality Indian Citizen
Educational Qualifications Graduate degree from a recognized college/institute irrespective of domain.
SBI PO Age Limit Not below 21 years

Not above 30 years

Number of Attempts General – 4

OBC – 7

General and OBC (PwD) – 7

SC/ST (PwD) – No restriction

 

SBI Clerk (Junior Associates)

Eligibility Factors Minimum Criteria
Nationality Indian Citizens
Educational Qualifications Graduate degree from a recognized college/institute irrespective of domain.
SBI PO Age Limit Not below 21 years

Not below 30 years

 

SBI Specialist Officer (SCO/SO)

Post Age Limit Educational Qualification Work

Experience

Head of product, investment, and research 35 – 50 years  

·    Graduation/post-graduation from a recognized college or institute

·       Other qualification

–          Knowledge and experience in market analytics and keeping up with economic trends and products.

Minimum 12 years of work experience in:

–          Financial services

–          Financial product development

–          Investment advisory

–          Private banking

Minimum 8 years of work experience in Wealth Management and Knowledge in:

–          Products Equity

–          PMS

–          Alternate Investments

–          Mutual Funds

Experience in:

–          Product Development

–          Structuring for Private Wealth Clients

–          Managing Investment

–          Counsellors/Advisors at the national level with banks and financial institutes.

Central Research Team 30 – 45 years ·       MBA/PGDM from any recognized college/institute.

·       CFA/CFP/CWM/Graduate

·       PG Degree in Economics

Minimum five years of experience in Wealth Management/AMC (Mutual Funds) Banks.

– Minimum ten years as a researcher/ research analyst.

– Knowledge of local and global economic trends.

– Proficiency in the primary and secondary markets.

– Should know how to create views about debt markets.

– Should know how to use Excel/Modelling Techniques/Bloomberg/Reuters/CCRISIL database.

Relationship Manager (RM) 23 – 35 years Graduate from any recognized college/institute Minimum 3 years of experience as Relationship Manager in Wealth Management in:

–          Public/Private/Foreign/Banks/Broking/Security Firms.

–          Should know how to build and manage relations with clients.

 

Relationship Manager (e-wealth) 23 – 35 years Graduate from any recognized college/institute ·       Minimum three years of experience as Relationship Manager.

·       At least one year of experience as Relationship Manager of HNI clients.

·       Three years of experience in sales/service of high-value products.

Relationship Manager (NRI) 23 – 35 years Graduate from any recognized college/institute ·       Minimum three years of experience as Relationship Manager.

·       Should have good experience in managing and building relationships with clients.

Relationship Manager (Team Lead) 28 – 40 years Graduate from any recognized college/institute ·       Minimum eight years of experience in relationship management.

·       Should have also had experience as a team lead.

Customer Relationship Executive (CRE) 20 – 35 years Graduate from any recognized college/institute ·       Should know how to manage documents.

·       Should have good communication skills.

·       Should have a driving license.

Zonal Head (Retail) Eastern Zone 35 – 50 years Graduate from any recognized college/institute ·       Minimum 15 years of experience in managing sales.

·       Should have at least five years of experience as a team leads.

Central Operation Team (COT) Support 30 – 40 years Graduate from any recognized college/institute ·       Minimum three years of experience in Financial Services.

·       Minimum two years of experience in Central Operations.

·       Should know about product equity, structures products, PMS, and Mutual Funds.

Risk and Compliance Officer 25 – 40 years Graduate from any recognized college/institute ·       Minimum five years of experience in business management.

·       Minimum three years of experience in wealth management.

 

Institute of Banking Personnel Selection

IBPS (Institute of Banking Personnel Selection) is a government-owned bank recruitment agency under the Ministry of Finance, Government of India. IBPS was initiated with a vision of recruitment and placement of undergraduates, postgraduates, and doctorates in banks owned by the government of India. IBPS examined four posts respectively:

  1. IBPS Probationary Officer (PO)
  2. BPS Specialist Officer (SO)
  3. IBPS Clerk
  4. IBPS RRB

Eligibility criteria for the IBPS bank exam majorly depend on:

–          Age Limit

–          Nationality

–          Education Qualification

IBPS Probationary Officer (PO)

Eligibility Factors Minimum Criteria
Age Limit Max – 30

Min – 20

Nationality · Citizen of India

– Subjects of Nepal or Bhutan

– Tibetan refugee who had arrived before 1st January 1962

–  A person with Indian origin who had migrated from Sri Lanka, Pakistan, Burma, Vietnam or East African countries of the United Republic of Tanzania, Uganda, Kenya, Malawi, Zambia, Zaire, or Ethiopia and settles permanently in India

Education Qualification Graduate degree from any recognized college/institute

 

IBPS Specialist Officer (SO)

Eligibility Factors   Minimum Criteria
Age Limit Max – 30 years

Min – 20 years

Nationality · Citizen of India

–  Subjects of Nepal or Bhutan

–  Tibetan refugee who had arrived before 1st January 1962

–  A person with Indian origin who had migrated from Sri Lanka, Pakistan, Burma, Vietnam or East African countries of the United Republic of Tanzania, Uganda, Kenya, Malawi, Zambia, Zaire, or Ethiopia and settles permanently in India

Education Qualification Graduate degree from any recognized college/institute

 

IBPS Clerk

Eligibility Factors   Minimum Criteria
Age Limit Max – 28 years

Min – 20 years

Nationality · Citizen of India

– Subjects of Nepal or Bhutan

– Tibetan refugee who had arrived before 1st January 1962

– A person with Indian origin who had migrated from Sri Lanka, Pakistan, Burma, Vietnam or East African countries of the United Republic of Tanzania, Uganda, Kenya, Malawi, Zambia, Zaire, or Ethiopia and settles permanently in India

Education Qualification Graduate degree from any recognized college/institute

 

 

 IBPS RRB

Eligibility Factors   Minimum Criteria
Age Limit –          Officer Scale – III (Senior Manager) – 40 years

–          Officer Scale-II (Manager) – 21 years to 32 years

–          Officer Scale – I (Assistant Manager) – 18 years to 30 years

–          Officer Assistant (Multipurpose) – 18 years to 28 years

Nationality · Citizen of India

– Subjects of Nepal or Bhutan

– Tibetan refugee who had arrived before 1st January 1962

– A person with Indian origin who had migrated from Sri Lanka, Pakistan, Burma, Vietnam or East African countries of the United Republic of Tanzania, Uganda, Kenya, Malawi, Zambia, Zaire, or Ethiopia and settles permanently in India

Education Qualification Graduate degree from any recognized college/institute

 

Reserve Bank of India

RBI (Reserve Bank of India) was established on 1st April 1935 in correspondence with the provision of the Reserve Bank of India act, 1934. It was initially based in Kolkata but later was moved to Mumbai permanently. RBI mainly conducts two exams for the recruitment of candidates such as:

  1. RBI officer, Grade B Exam
  2. RBI Assistant Exam

RBI has enlisted three eligibility criteria for their bank exam, that are:

  •       Nationality
  •       Education Qualification
  •       Age limit

RBI Officer, Grade B exam eligibility

Eligibility factors Minimum Criteria
 

 

Nationality

· Citizen of India

– Subjects of Nepal or Bhutan

– Tibetan refugee who had arrived before 1st January 1962

– A person with Indian origin who had migrated from Sri Lanka, Pakistan, Burma, Vietnam or East African countries of the United Republic of Tanzania, Uganda, Kenya, Malawi, Zambia, Zaire, or Ethiopia and settles permanently in India

 

Education Qualification Grade-wise Minimum Criteria
Grade ‘B’ (D.R.) – General Graduate from a recognized college/institute with

–          General – 60%

–          SC/ST/PwBD – 50%

Grade ‘B’ (D.R.) – DEPR ·       Master Degree with 55% in

–          Economics

–          Econometrics

–          Quantitative Economics

–          Mathematical Economics

–          Integrated Economics Course

–          Finance

·       ·       MBA/PGDM in finance with 55% in all semesters.

Grade ‘B’ (D.R.) – DSIM ·       Masters Degree with 55% in

–          Statistics

–          Mathematical Economics

–          Econometrics

–          Statistics and Informatics from IIT-Kharagpur

–          Applied Statistics and Informatics from IIT-Bombay

–          Mathematics

·       M.Stat. degree of Indian Statistical Institute with 55%

·       Post-Graduate Diploma in PGDBA offered jointly by ISI Kolkata, IIT Kharagpur, and IIM Calcutta

 

Age Limit category-wise Minimum criteria
General 30
OBC 33
SC/ST 35
PwD 40
Ex-Servicemen 35
Ex-employees of Banking Institutions 35

 

Age Relaxation Category-wise Age relaxation
SC/ST Five years
OBC Three years
Physically Handicapped Ten years
PH + OBC 13 years
PH + SC/ST 15 years

 

National Bank of Agriculture and Rural Development

NABARD (National Bank of Agriculture and Rural Development) is a development Bank for providing and regulating mandate credit and facilities for promotion and progression of agriculture, small-scale industries, cottage, and village industries, handicrafts, and other rural crafts, etc., also with other economic activities in rural areas with a vision of promoting the integrated rural development and securing the development of the rural regions.

NABARD offers posts such as Assistant Manager and Manager through the exams NABARD exam Grade A and NABARD exam Grade B.

NABARD eligibility is majorly based on three criteria:

  1. Nationality
  2. Age Limit
  3. Education Qualification
Eligibility Factors    Minimum Criteria
Nationality  Should be a citizen of India

 

Age Limit    Minimum Criteria
NABARD Grade A  21 to 30

Born between 2nd July 1991 and 1st July 2000

NABARD Grade ‘A’ (P & S.S.)  24 to 40

1st July 1981 and 1st July 1996

NABARD Grade B  25 to 32

2nd July 1989 and 1st July 1996

 

Age Relaxation

Category Age Relaxation
SC/ST Five years
OBC Three years
A person with disabilities (General) Ten years
A person with disabilities (SC/ST) 15 years
A person with disabilities (OBC) 13 years

 

Education Qualification for Grade A exam Minimum Criteria
General · Bachelor’s Degree

·       Chartered Accountant

·       / Cost Accountant/ Company Secretary.

·       Two-year full-time Diploma in Management.

·       Full Time MBA degree from a recognized college/institute.

–          General – 50%

–          SC/ST/PwBD – 45%

Agriculture · Bachelor’s Degree in Agriculture.

·       Post Graduate Degree in Agriculture/Agriculture (Soil Science/Agronomy).

–          General – 50%

–          ST/SC/PwBD – 45%

 

Agriculture Engineering Bachelor’s Degree in Agriculture

–          General – 50%

–          ST/SC/PwBD – 45%

 

Animal Husbandry · Bachelor’s Degree in Veterinary Sciences/Animal Husbandry.

–          General – 60%

–          ST/SC/PwBD – 55%

 

·       Post Graduate degree in Veterinary Sciences/Animal Husbandry.

–          General – 55%

–          ST/SC/PwBD – 50%

Fisheries · Bachelor’s degree in Fisheries Sciences.

–          General – 60%

–          ST/SC/PwBD – 55%

 

·       Postgraduate degree in Fisheries Sciences.

–          General – 60%

–          ST/SC/PwBD – 55%

 

 

Forestry · Bachelor’s Degree in Forestry

–          General – 60%

–          SC/ST/PwBD – 55%

 

·       Postgraduate Degree in Forestry

–          General – 55%

–          SC/ST/PwBD – 50%

Plantation/Horticulture · Bachelor’s Degree in Horticulture

–          General – 60%

–          ST/SC/PwBD – 55%

 

·       Postgraduate Degree

–          General – 55%

–          ST/SC/PwBD – 50%

 

Land Development/Soil Science · Bachelor’s Degree in Agriculture/Agriculture (Soil Science/Agronomy)

–          General – 60%

–          SC/ST/PwBD – 55%

 

·       Postgraduate Degree in Agriculture (Soil Science/Agronomy)

–          General – 55%

–          PwBD – 50%

Water Resources · Bachelor’s degree in Hydrology/Applied Hydrology or Geology/Applied Geology/Hydrogeology/Irrigation/Water Supply and Sanitation

–          General – 60%

–          PwBD – 55%

 

Finance ·       BBA (Finance/Banking) / BMS (Finance/Banking)

–          General – 50%

–          SC/ST/PwBD – 45%

 

· P.G. Diploma in Management (Finance)/Full-time MBA (Finance) degree from Institutions / Universities.

–          General – 50%

–          SC/ST/PwBD – 45%

Computer/Information Technology · Bachelor’s degree in Computer Science/Computer Technology/ Computer Applications/Information Technology

–          General – 50%

–          SC/ST/PwBD – 45%

 

·       Postgraduate degree in Computer Sciences/Computer Technology/Computer Applications/Information Technology

–          General – 50%

–          ST/SC/PwBD – 45%

 

 

Education Qualification for a Grade B exam
· Bachelor’s degree from any recognized college/institute with

–          General – 60%

–          ST/SC/PwBD – 55%

 

·       Postgraduate degree from any recognized college/institute with

–          General – 55%

–          ST/SC/PwBD – 50%

 

Benefits of giving Bank exams

1) Recruitment in the banking sector comes with a standardized salary as per other industries.

2) Career in banking provides secure and long–term stability for the job and professional life.

3) This sector is challenging enough to provide your personal growth and modulate you for being a better version of yourself.

4) Banking sector comes with pros like job diversification.

5) You can quickly transfer your skills and capabilities in this sector.

6) For fresh graduates and ambitious working professionals, it is a new opportunity to build and enhance their careers and lives.

7) People who love to travel will never get enough of this exam, as after fulfilling their respective years, officers are transferred to a new place for another individual year of their duty.

8) Who doesn’t love to be appreciated? Thanks to the banking sector, your hard work and upskilling are greatly rewarded and recognized.

9) In the banking sector, you will have a significant work-life balance with fixed job timings.

10) This sector also provides a safe working environment for women.

11)  As these exams are government-recognized, they ultimately enhance the social prestige of an individual in society.

As the Bank exam is one of the challenging exams, candidates need consistency and constant motivation while preparing for the exam. Hence, to resolve your queries and doubts during your preparation journey and keep you motivated, iQuanta created Facebook groups to provide round-the-clock support and encouragement for the aspirants, and it’s totally free, whoever is preparing for the bank exam can join the group!

Click on the link below to join iQuanta’s Facebook groups:

https://www.facebook.com/groups/iQuantaGovtExams

https://www.facebook.com/groups

Bank exam

 

CAT Topper Interviews

CAT Topper Bihar boy Avinash Singh 99.5%iler who belonged to a place with No School Cracks CAT

CAT 100 Percentiler Interview - Topper : Rishi Mittal Shares His Key Mantra

spot_img

Related

More from Author

CMAT 2023 Strategy | How to Prepare for CMAT 2023?

How to Prepare for CMAT The official dates for the Common Management...

NMAT 2022 Strategy | How to Crack NMAT 2022

NMAT 2022 Strategy  NMAT is the NMIMS (Narsee Monjee Institute of Management Studies)...

CAT Exam: Details, Syllabus, Pattern, Eligibility, Important Dates, Purpose!

Programs Offered by IIMs CAT exam is conducted by the reputed...
spot_img

Read Now

Profile Building For MBA and Its Importance

Profile Building- What does it mean? Academic excellence isn't enough when it comes to the greatest colleges in the world. You must have a wide range of interests, exceptional skill sets, and appropriate internships, among other things. At the simplest, profile building for MBA abroad and in India...

Hacks to Make Your Journey to IIMs Easier

CAT exam is a blend of concept learning, practising, time management and stress handling. These virtues happen to you with time. But some preparation hacks can get you past the finish line more conveniently. Here's to iHacks by iQuanta to ace the exam confidently. iHack 1: Learning through Consistent...

How Can I Justify the Gap Years in the Interview?

Half the year has passed, Mock Season is just around the corner and D-day is approaching. That said, the anxiety about the CAT exam is creeping in due to the gap years you may have due to specific reasons. But we heard you. Therefore, we have come...

5 Problems That You Come Across as You Plan to Take CAT!

All those preparing for CAT or planning to do often feel dilemma about numerous things. No matter how many nuggets of facts are provided, these problems are not answered explicitly. Hence, we have come up with the idea of the problem and solution model; to address the...

Get Rs 3000 off on iQuanta CAT Course

X