The Institute of Banking Personnel Selection (IBPS) Clerk exam is conducted annually by the Ibps to recruit eligible candidates for the post of Clerk in various participating banks across India. Here are the main aspects you must know about the Ibps Clerk exam: 

IBPS Clerk 2023 Notification

By July 2023, the IBPS Clerk Notification 2023 for CRP Clerks – XIII will be released, announcing the exam’s details for recruitment in 11 major public sector banks with a significant number of vacancies. The notification will include crucial information such as important dates, eligibility criteria, and the syllabus for the exam. As for the exam dates, they have already been marked on the IBPS Calendar for 2023, providing candidates with ample time to prepare and plan accordingly.

IBPS Clerk 2023 Exam Date 

The IBPS Calendar 2023, released by the IBPS organisation, contains the exam dates for the IBPS Clerk Exam 2023. According to the calendar, the preliminary exam will take place on August 17th, August 26th, and September 02nd 2023. The main examination, as per the IBPS Calendar 2023, is scheduled for October 07th, 2023.

IBPS Clerk Eligibility Criteria: 

• Candidates must be citizens of India. 

• Candidates must have ended their graduation from a recognized university or equivalent. 

• The age limit for the IBPS clerk 2023 exam is 20-28 years, with age relaxation for reserved categories. 

IBPS Clerk Exam Pattern: 

The IBPS Clerk exam consists of two phases: 

Preliminary Examination: 

It is an online exam that comprises 100 objective-type questions for 100 marks. The exam is divided into three sections – English Language, Numerical Ability, and Reasoning Ability. 

Main Examination: 

It is an online exam consisting of 190 objective-type questions. The exam is divided into four sections – General English, General/Financial Awareness, Quantitative Aptitude, Reasoning Ability and Computer Aptitude. The objective-type questions are for 200 marks. 

IBPS Clerk Exam Syllabus: 

The syllabus for the IBPS Clerk exam comprises the following topics: 

• IBPS Clerk Syllabus 2023: English Language

• IBPS Clerk Syllabus 2023 : Numerical Ability

• IBPS Clerk Syllabus 2023 : Reasoning

• IBPS Clerk Syllabus 2023: General Awareness

• IBPS Clerk Syllabus 2023: Computer Knowledge

IBPS Clerk Preparation Tips: 

• Understand the exam pattern and syllabus thoroughly.
• Develop a study plan that fits your needs and follow it consistently.
• Practice with mock tests and previous year’s question papers to get an effective idea of the types of questions that could appear on the exam.
• Stay up-to-date with current affairs by analysing newspapers and watching English news.
• Improve your English language skills by reading books and articles.

IBPS Clerk Application Process: 

Candidates can apply for the IBPS Clerk exam online through the official website of IBPS. Candidates need to register by providing basic details and then fill out the application form, upload the photograph and signature, and pay the application fee. General category applicants are required to pay an application fee of Rs. 750, while reserved categories need to pay Rs. 125.

IBPS Clerk Admit Card:

IBPS releases the admit card for the Clerk exam online on the official website. Candidates must download and print admit cards to take with them to the exam centre. The admit card provides crucial information such as the exam date, time, and venue, as well as the candidate’s name, photograph, and roll number.

IBPS Clerk Result:

Once candidates complete both phases of the IBPS Clerk exam, they can check their results online on the official IBPS website. Those who clear the exam are then selected to become clerks in participating banks throughout India.

IBPS Clerk Career Growth: 

Participating banks provide good career growth opportunities to their employees. A Clerk can be promoted to higher positions such as Officer Scale I, Officer Scale II, Officer Scale III, and Manager based on their performance and experience. 

IBPS Clerk Training: 

IBPS offers its employees comprehensive training opportunities to improve their skills and knowledge. These training programs cover various formats, such as classroom sessions, on-the-job training, and e-learning modules. The prime aim of these programs is to enhance the technical, managerial, and interpersonal skills of employees.

IBPS Clerk Salary, Benefits and Perks: 

The salary and benefits offered to IBPS Clerks are as follows: 

• Basic Pay: The basic pay for IBPS Clerks is Rs. 11,765/- to Rs. 31,540/-, depending on the place of posting. 
• Dearness Allowance (DA): As of now, the Dearness Allowance (DA) percentage for IBPS Clerks stands at 17%.
•  House Rent Allowance (HRA): Depending on the city of posting, the HRA (House Rent Allowance) for IBPS Clerks ranges from 7.5% to 15% of their basic pay.
• IBPS offers a range of benefits and perks to its employees in addition to their salary and allowances. This includes medical insurance coverage for both the employees and their family members.
• Employees of IBPS are also entitled to a pension scheme after their retirement.
• IBPS has a flexible leave policy that includes different types of leaves, such as casual leave, sick leave, earned leave, and maternity leave.
• IBPS also provides its employees with access to loans and advances at a lower interest rate.
• In addition, IBPS employees are entitled to national and state holidays.

Tips for Preparation: 

Understanding the Exam Pattern: To begin your preparation for the IBPS Clerk exam, it’s important to understand the exam pattern and syllabus. This knowledge will enable you to plan your preparation strategy better and allocate sufficient time for each section of the exam.

Creating a Study Plan: A well-structured study plan is essential for comprehensive exam preparation. Allocate time for each topic in the syllabus and practice mock tests to improve your speed and accuracy.

Reading Newspapers and Current Affairs: Current affairs and General Awareness questions are integral to the IBPS Clerk exam. To enhance your knowledge in these areas, reading newspapers and keeping up-to-date with current affairs is crucial.

Improving Your English Language Skills: The English Language section of the IBPS Clerk exam requires candidates to answer questions on grammar, vocabulary, and reading comprehension. To improve your proficiency in English, read books and newspapers and practise mock tests regularly.

Practising Previous Year Question Papers: Solving previous year question papers is a valuable technique to comprehend the exam format, question types, and complexity level. This approach enables candidates to recognize their strong and weak areas and enhance their performance in the examination.

Taking Mock Tests: Mock tests are a vital part of your preparation strategy. They help improve your speed and accuracy while familiarising you with the exam pattern and difficulty level. Taking mock tests regularly is an excellent way to prepare yourself for the IBPS Clerk exam.

IBPS Clerk Books and Study Materials: 

Selecting the appropriate books and study material is essential for IBPS Clerk exam preparation. Here are some recommended books and study materials: 

• Quantitative Aptitude: Quantitative Aptitude by R.S. Aggarwal, Fast Track Objective Arithmetic by Rajesh Verma, and Quantitative Aptitude for Competitive Examinations by Abhijit Guha. 

• Reasoning Ability: A Modern Approach to Verbal and Non-Verbal Reasoning by R.S. Aggarwal and Analytical Reasoning by M.K. Pandey. 

• English Language: Objective General English by S.P. Bakshi, Word Power Made Easy by Norman Lewis, and High School English Grammar & Composition by Wren & Martin. 

• General Awareness: Lucent’s General Knowledge, Pratiyogita Darpan, and Banking Awareness by Arihant Publications. 

• Computer Knowledge: Objective Computer Awareness by Arihant Publications and Computer Awareness by Kiran Publication. 

Tips for Exam Day

• Arrive at the exam centre early to avoid any last-minute rush or inconvenience.
• Remember to bring your admit card and a valid ID proof, such as an Aadhaar card, PAN card, or driving licence.
• Follow the rules and regulations of the exam, such as refraining from bringing electronic devices, using unfair means, or leaving the exam hall before completion.
• Read the instructions given in the question paper and answer sheet carefully before attending to the questions.
• Prioritise the sections based on your strengths and weaknesses, starting with the easier sections and moving on to the tougher ones.
• Manage your time wisely during the IBPS Clerk exam, ensuring that you don’t spend too much time on any particular question.
• Review your answers before submitting the answer sheet to ensure that you have answered all the questions and haven’t made any mistakes.

IBPS Clerk 2023 Vacancy

The exact number of vacancies for IBPS Clerk Recruitment 2023 will be disclosed in the notification. However, to give an idea of the expected range, we can look at the vacancy from previous years.

Participating Banks in IBPS Clerk 2023 Exam

The IBPS conducts the IBPS Clerk 2023 exam to recruit clerks in public sector banks. All public sector banks that use Common Recruitment Process as a basis to fill clerk vacancies participate in this exam. Here is a list of the banks that will participate in the IBPS Clerk 2023 Exam.

The IBPS Clerk Exam is a highly competitive test that requires a structured preparation strategy and knowledge of the given syllabus. It is important to stay updated on exam details and attend mock tests to manage time better and familiarise oneself with the exam’s nature. This is where Finprov has earned its significance. Finprov can provide the right guidance with experienced faculties, daily and consolidated test series, offline and online session access, full-time community access, and 365 days of access to the practice portal even after the course completion. With Finprov, candidates can prepare for not only the IBPS Clerk 2023 exam but also for SBI, LIC, Cooperative Banks, and SSC exams.

FAQs

What is the age requirement for appearing in the IBPS Clerk exam?

The IBPS Clerk exam has an age requirement of 20 to 28 years, but there are exceptions for candidates who fall under reserved categories and are eligible for age relaxation.

What are the educational requirements for appearing in the IBPS Clerk exam?

Candidates should have a graduation degree in any discipline from a recognized university to be eligible for the IBPS Clerk exam. 

Is there any sectional cutoff in the IBPS Clerk exam? 

Yes, there is a sectional cutoff in the IBPS Clerk exam. Candidates have to clear the cutoff for each section separately in both the Preliminary and Main exams. 

Can you explain the selection process for the IBPS Clerk exam?

The IBPS Clerk exam selection process comprises two stages. – The preliminary exam and the Main exam. Candidates who qualify in the Preliminary exam will be eligible for the Main exam. The Main exam performance of the candidate will be the basis for the final selection.

Can final-year graduation students apply for the IBPS Clerk exam 2023? 

Yes, final-year graduation students can make an application for the IBPS Clerk exam, but at the time of document verification, they should have a graduation degree. 

How can I prepare for the IBPS Clerk exam? 

To clear the IBPS Clerk exam, candidates can utilize a variety of resources such as books, online materials, and previous year’s papers. Additionally, they can opt for coaching institutes or online courses to receive professional guidance and enhance their preparation.

Do IBPS Clerks have any bond or service agreements?

No, there is no bond or service agreement for IBPS Clerks. 

What is the remuneration of an IBPS Clerk?

The salary of an IBPS Clerk varies from bank to bank. However, after the 11th bipartite settlement, the starting basic pay of an  IBPS Clerk is Rs. 11,765/- per month. Furthermore, IBPS Clerks are eligible for numerous other benefits and allowances. For instance: Dearness Allowance, House Rent Allowance, and Medical Benefits.

What is the amount charged as the application fee for the IBPS Clerk exam?

The application fee for the IBPS Clerk 2023 exam can be Rs. 750/- for general and OBC applicants and Rs. 125/- for SC/ST/PWD  candidates. 

Could you confirm if female candidates are granted any concession in the IBPS Clerk exam application fee?

Certainly, female candidates are eligible for a relaxation in the application fee and are only required to pay Rs. 125/-.

How many vacancies are there in the IBPS Clerk exam? 

The IBPS Clerk exam’s available positions fluctuate annually and are revealed alongside the official notification.

When will the next IBPS Clerk exam be conducted? 

The official website has yet to release the dates for the upcoming IBPS Clerk exam. It is recommended that candidates check the website frequently for any updates.

Can I appear for the IBPS Clerk exam in Hindi? 

Certainly, the IBPS Clerk exam is conducted in both English and Hindi languages, allowing candidates to choose their preferred language.

Can you confirm if there is a provision for a negative marking in the IBPS Clerk exam?

Certainly, for each incorrect answer in the IBPS Clerk exam, a penalty of 1/4th of the assigned marks will be subtracted as negative marking.

Is there a constraint to the number of times a candidate can take the IBPS Clerk exam?

No, there is no restriction on the number of attempts for the IBPS Clerk exam. Candidates are free to appear for the exam as many times as they wish.

Which documents should a candidate possess to apply for the IBPS Clerk exam?

To apply for the IBPS Clerk exam, a candidate must have a valid email address, a scanned copy of their signature and photograph, and need valid ID proof such as an Aadhar card, PAN card, Voter ID, etc.

Is it possible to apply for the IBPS Clerk exam while in the final year of graduation?

 It is a Yes! Those who are in their last year of graduation are eligible to apply for the IBPS Clerk exam in 2023. However, they must provide proof of having cleared the graduation exam during the document verification process.

What is the selection process for the 2023 IBPS Clerk exam? 

The selection stages for the IBPS Clerk exam 2023 comprise two stages:

Stage 1: Preliminary Exam 

Stage 2: Main Exam 

To progress to the next stage of the selection process, applicants must qualify for each stage. The candidate’s performance in the Main Exam will be the basis for the final selection.

Is there any sectional cutoff in the IBPS Clerk exam? 

Yes, there is a sectional cutoff in the IBPS Clerk exam. To proceed to the next stage, candidates must achieve the minimum qualifying marks in every section of the exam.

Can you provide information on the IBPS Clerk exam syllabus?

Yes, the IBPS Clerk exam syllabus covers topics such as Reasoning Ability, English Language, Numerical Ability, General Awareness, and Computer Knowledge.

Is it possible to apply for the IBPS Clerk exam while residing outside of India?

No, candidates cannot apply for the IBPS Clerk exam from outside India. They must be a citizen of India or a subject of Nepal or Bhutan. 

What is the duration of the IBPS Clerk exam? 

The duration of the IBPS Clerk exam varies for each stage. The Preliminary Exam is of 1 hour, and the Main Exam is of 2 hours and 40 minutes. 

Can I use a calculator in the IBPS Clerk exam? 

Yes, candidates are allowed to use a basic calculator in the IBPS Clerk exam. However, they cannot use any other electronic device, such as a mobile phone or a digital watch. 

Is there any minimum age restriction to apply for the IBPS Clerk 2023 exam? 

Yes, the minimum age constraint to apply for the IBPS Clerk exam is 20 years. Candidates must not have been born earlier than July 2, 1997, and not later than July 1, 2001. 

What is the upper age limit for attending the IBPS Clerk exam?

The maximum age limit to attend the IBPS Clerk exam is 28 years. There are also relaxations in the upper age limit for applicants belonging to certain categories. 

Could you provide information about the salary offered to an individual employed as an IBPS Clerk?

The starting basic pay of an IBPS Clerk is Rs. 11,765/- per month. They are also eligible for different allowances and benefits.

Can I apply for both the IBPS PO and IBPS Clerk exams simultaneously? 

Yes, candidates can apply for both the IBPS PO and IBPS Clerk exams simultaneously. Nonetheless, they must satisfy the eligibility requirements and submit a separate application fee for each examination.

Can I choose the exam centre for the IBPS Clerk exam?

Yes, candidates can choose the exam centre for the IBPS Clerk exam at the time of filling out the application form. However, the final decision on the allotment of the exam centre rests with the IBPS. 

What is the amount of the application fee for the IBPS Clerk exam?

The application fee for the IBPS Clerk exam varies for candidates belonging to different categories. For general and OBC  candidates, the application fee is Rs. 850/-, while for SC/ST/PWD candidates, the application fee is Rs. 175/-. 

How can I prepare for the IBPS Clerk exam? 

Candidates can prepare for the IBPS Clerk exam by referring to the official syllabus and exam pattern, practising the previous year’s question papers and mock tests, and studying from standard books and study materials. 

When will the result of the IBPS Clerk exam be declared? 

The result of the IBPS Clerk exam is usually declared within a few weeks after the completion of each stage of the exam. Candidates can check their results on the official website of IBPS. 

Can I appear for the IBPS Clerk exam multiple times? 

Yes, candidates can appear for the IBPS Clerk exam multiple times, as there is no restriction on the number of attempts. However, they have to fulfil the eligibility criteria for each attempt. 

Does the IBPS Clerk 2023 exam have a negative marking?

In the IBPS Clerk 2023 exam, incorrect answers will result in a deduction of 1/4th of the allotted marks for that question as a negative marking.

How challenging is the IBPS Clerk exam?

The level of difficulty of the IBPS Clerk exam is considered to be moderate. Nevertheless, the level of difficulty may differ for each phase of the exam. 

Is there any separate cutoff for the overall score in the IBPS Clerk exam? 

Yes, the IBPS decides the overall cutoff for the IBPS Clerk exam based on several factors, including the number of available vacancies, the level of difficulty of the exam, and the performance of the applicants.

Can I change my exam centre after submitting the application form for the IBPS Clerk exam? 

No, candidates cannot change their exam centre after submitting the application form for the IBPS Clerk exam. The exam centre, once allotted by the IBPS, is final and cannot be changed under any circumstances. 

Is there any sectional cutoff in the IBPS Clerk exam? 

Yes, there is a sectional cutoff in the IBPS Clerk exam, which means that candidates have to score a minimum qualifying mark in each section of the exam in order to clear that stage. 

How many vacancies are usually announced for the IBPS Clerk exam? 

The number of vacancies announced for the IBPS Clerk exam varies each year. It depends on the requirements of the participating banks and other factors such as retirements and resignations of existing employees. 

Is there any interview round in the IBPS Clerk exam?

No, there is no interview round in the IBPS Clerk exam. The selection is based on the marks obtained by the candidates in the written exam. 

Is it possible to apply for the IBPS Clerk exam while in the final year of graduation?

Yes, applicants who are in the final year of their graduation can also apply for the IBPS Clerk exam. However, they have to produce proof of passing the graduation exam at the time of joining. 

What is the duration of the probation period for an IBPS Clerk?

The probation period for an IBPS Clerk is usually six months. Throughout this period, candidates undergo training and supervision to determine their job suitability. Upon completion of the probationary period, they may be confirmed as permanent employees.

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