Banking Exams in India

Banks have come to play a very important role in the current economic scenario; many banks have been trying to tap young brains to look after their effective working. With the demand for people to handle bank jobs and the lucrative opportunities offered, it has become common for many youngsters to consider banking as a very novel profession. In addition banks offer a balanced and quality lifestyle with ample opportunities for learning and development.

The increased need for banking services has prompted both cooperative and commercial banks to advertise for jobs in most local newspapers or even online. Most nationalized banks require you to take a written bank exams followed by an interview. Nationalized and public sector banks have a fixed procedure for recruitment, while private banks may follow their own methods with most private banks today also believe in an all India exam and the score secured in it.

Generally bank job exams in India are conducted for posts like probationary officers, IT officers, specialist officers, agricultural officers, marketing and recovery officers besides for the clerical and Class 4 employee categories. Anyone between the ages of 18 to 28 is eligible for clerical category post, while a probationary officer requires one to be between the ages of 21 to 30. The eligibility criteria may differ between different private banks, but public banks require a bachelor’s degree with about 60{8460524073cbcd784abb686a73e6e7d1d94285b04e887230132b08c8f3a82e5c} to 65{8460524073cbcd784abb686a73e6e7d1d94285b04e887230132b08c8f3a82e5c}, with specialization in the specific branch in case of specialist posts.

It is found that most public banks require a candidate to pass in +2 or graduation to be considered for a clerical level, while private banks may have their own rules. Joining the Reserve Bank of India as an officer in Grade A/B requires taking an exam conducted by the RBI service board, with the age being a minimum of 30 years with a postgraduate degree/MBA /CA.

Applying for bank jobs can be done online; however you may also be required to send the application and or resume directly. Banks are highly specialized institutions, so it may be advisable to follow all instructions fully as your application could be rejected. Once you have applied the examining authorities could carry on an initial screening method before being called for the written test that contains multiple choice questions in English, mathematics and reasoning. The officer’s posts could contain subjective essay type questions.

The knowledge of English and computers is considered very important considering the present scenario of a common language for communication and the IT revolution. Also banking involves numbers and ability to deal with calculations and figures; hence the importance of being quick and good at reasoning and math. The required aptitude for dealing in certain banking transactions may also be tested. So dealing in bank exams in India requires not just interest and aptitude, but also a lot of practice to be successful.

Once you qualify in the bank exams, you will have to attend a group discussion and / interview that would decide if the bank job is the right job for you.