Banking Sector Exams – All You Need To Know

The banking sector is one of the highest employment generating sectors in India and every year lakhs of candidates apply for various posts under the Central Bank and the various Public Sector Banks of the country.

A job in the banking industry is considered highly reputed and comes with its share of perks and benefits. In this article, we have discussed all you need to know about the bank exams along with information about its recruitment process and the best preparation strategy.

There are majorly the following bank exams which are conducted in the country:

  1. SBI Exam
  2. IBPS Exam
  3. RBI Exam

Of the above-mentioned three bodies, the posts for which the exams are held include:

  1. Probationary Officer/ Grade B Officer
  2. Junior Associates/Clerks/Assistant
  3. Specialist Officer

Aspirants generally look forward to cracking the Officer cadre examination as it offers a respectable job profile, handsome salary, perks and benefits which can be enjoyed during the entire working period, until retirement. Candidates can visit the Bank PO 2021 page and get all the relevant information about the upcoming Officer scale recruitments in the banking sector.

Post-wise Bank Employees Job Profile

  1. Officer Cadre – Managing customer transactions including passing a cheque, draft issuance, cash management, managerial work such as supervising the employees under the Clerical cadre, Managing cash flow, loans, mortgages and finances
  2. Clerks/Junior Associates – A Bank Clerk needs to ensure the compliance of KYC for all bank accounts, monitoring NPA’s, and work as required by the seniors
  3. Specialist Officers – These are responsible for specialised posts and departments including Law, IT, Agricultural, etc.

Bank Employees Salary

The table given below mentions the post-wise basic pay of bank employees appointed at various posts:


Bank Employee Salary
Post Basic Pay
SBI PO Rs. 27,620
SBI Clerk Rs. 13,075
RBI Grade B Officer Rs. 35,150
RBI Assistant Rs. 14, 650
IBPS PO Rs. 23,700
IBPS Clerk Rs. 11,765

Bank Exam Eligibility

The eligibility criteria for almost all bank exams require the candidate to have a minimum of a Bachelor’s degree and the age limit genera;y varies between 21 to 30 years. For certain candidates, there are relaxations in the upper age limit which are notified in the official notification.


As for the Specialist Officers, they need to have educational qualifications as per their specialisations and these are clearly mentioned by the conducting body in the official notification.

Bank Exam Pattern and Syllabus

For most bank exams, there are two online examinations which are followed by Interview, which are generally held only for Officer cadre exams. The basic exam pattern is:

  • Prelims – First phase of online exam
  • Mains – Second phase of online exam
  • Interview/ Group Discussion (conducted for a few bank posts)

There are five subjects which are common for almost all bank exams. These include:

  • English Language
  • Reasoning Ability
  • Quantitative Aptitude
  • Computer Knowledge
  • Banking/Financial/Economic Awareness and Static GK

The exam pattern and distribution of questions and time duration for each subject in the various exams may however differ. Thus, candidates must carefully analyse the exam pattern in the official bank exam notification and then accordingly prepare themselves.

Bank Exam Preparation

Since the competition is very tough for bank exams, candidates must adopt a comprehensive and exhaustive preparation strategy to excel in the examination. Given below are a few tips which will help candidates prepare themselves for the upcoming Bank PO and Clerk exams:

  • Prepare a strategic study plan and set a systematic time table ensuring that proper time is devoted to the preparation of all the subjects
  • Focus on time management and try solving more questions correctly within the shorter time duration
  • Solve mock tests and practise papers to get used to the exam format
  • Refer to previous year question papers and apprehend the standard of the exam and the important topics with reference to the exam
  • Ensure you have sufficient study material, notes and books which are based on the latest exam pattern
  • Have a look at the previous year cut off marks to apprehend the trend change in the minimum qualifying marks over the years


Aspirants must also review and analyse the bank syllabus prior to starting the preparation to get an idea of their strengths and weaknesses in the exam.

Since the notifications for bank exams 2021 for various posts are all set to release soon. Candidates must start their preparation now.

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