IBPS PO/MT Recruitment 2020 – Apply Online for 1,417 Probationary Officer Posts | Last Date 11 November
The Institute of Banking Personnel Selection (IBPS) has released its official notification for the recruitment of Probationary Officers / Management Trainees (PO/MT-X) for 2020. This is one of the most sought-after opportunities for graduates across India who aspire to build a career in banking. PO/MT positions offer excellent growth prospects, competitive pay, and the chance to work in a dynamic and challenging environment.
This year, a total of 1,417 vacancies have been announced for PO/MT positions across various participating banks. Eligible candidates must submit their applications online before 11th November 2020. Below, we have provided a detailed guide covering eligibility criteria, selection process, salary details, important dates, and step-by-step application instructions.
IBPS PO/MT Recruitment 2020 – Key Highlights
| Organization Name | Institute of Banking Personnel Selection (IBPS) |
|---|---|
| Post Name | Probationary Officer / Management Trainee (PO/MT-X) |
| Total Vacancies | 1,417 Posts |
| Job Type | Bank Jobs / Central Govt Jobs |
| Job Location | All over India |
| Application Mode | Online |
| Official Website | www.ibps.in |
| Application Start Date | 28 October 2020 |
| Application Last Date | 11 November 2020 |
IBPS PO/MT Vacancy Details 2020
Vacancies have been released for various public sector banks through the common recruitment process. The detailed list of participating banks and vacancies is available in the official notification. All posts are for Probationary Officer / Management Trainee (PO/MT-X).
| Post Name | Total Vacancies |
|---|---|
| Probationary Officer / Management Trainee (PO/MT-X) | 1,417 |
IBPS PO/MT Eligibility Criteria 2020
Educational Qualification
To apply for IBPS PO/MT-X 2020, candidates must meet the following educational requirements:
- The candidate must possess a Graduate Degree (any discipline) from a recognized university.
- Final year students awaiting results are also eligible to apply, provided they can submit proof of graduation before joining.
Age Limit
Applicants should be within the following age limits as per the official notification:
- Minimum Age: 20 years
- Maximum Age: 30 years
IBPS PO/MT Salary and Benefits
The salary for a Probationary Officer / Management Trainee in public sector banks is attractive and includes several perks:
- Basic Pay: As per bank’s pay scale for PO/MT posts
- DA, HRA, and Special Allowances
- Medical Insurance and other bank-specific benefits
- Opportunities for promotions and career advancement
Overall, PO/MT positions offer a stable and respected banking career with opportunities to handle diverse roles in finance, customer service, and management.
IBPS PO/MT Selection Process 2020
The recruitment process for IBPS PO/MT-X 2020 consists of multiple stages to ensure selection of the most competent candidates:
- Preliminary Examination (Objective): A qualifying exam that tests reasoning, quantitative aptitude, and English language skills.
- Main Examination (Objective & Descriptive): Evaluates analytical skills, data interpretation, general awareness, and English writing ability.
- Interview / Group Discussion: Candidates clearing the main exam are shortlisted for the personal interview and final selection.
Application Fee for IBPS PO/MT 2020
| Category | Application Fee |
|---|---|
| General / OBC Candidates | Refer Official Notification |
| SC / ST / PWD Candidates | Refer Official Notification / Exempted |
Important Dates – IBPS PO/MT 2020
| Event | Date |
|---|---|
| Online Application Start Date | 28 October 2020 |
| Last Date to Apply Online | 11 November 2020 |
| Preliminary Exam | To be announced |
| Main Exam | To be announced |
| Interview / Final Selection | To be announced |
Step-by-Step Guide to Apply Online
- Visit the official IBPS website: www.ibps.in
- Click on the link for PO/MT-X Recruitment 2020.
- Read the official notification carefully to ensure eligibility.
- Register using a valid email ID and mobile number.
- Fill in personal, educational, and contact details accurately.
- Upload scanned copies of your photograph and signature as per specifications.
- Pay the application fee (if applicable) online.
- Submit the application form and download a copy for future reference.
Preparation Tips for IBPS PO/MT 2020
- Start with NCERT books for fundamentals in reasoning and quantitative aptitude.
- Practice English comprehension and grammar exercises daily.
- Stay updated with banking and financial current affairs through newspapers and online portals.
- Attempt mock tests to improve speed and accuracy.
- Focus on time management and sectional strategies for preliminary and main exams.
Career Growth and Benefits as a PO/MT
Joining as a Probationary Officer / Management Trainee provides a strong foundation for a long-term banking career. Career benefits include:
- Regular promotions based on performance and experience.
- Opportunity to work in various banking domains such as credit, marketing, and finance.
- Exposure to leadership training and managerial roles.
- Job security and pension benefits in public sector banks.
Frequently Asked Questions (FAQ) – IBPS PO/MT 2020
1. What is the last date to apply for IBPS PO/MT 2020?
The online application window closes on 11 November 2020.
2. Can final-year graduates apply?
Yes, final-year students can apply provided they submit proof of graduation before joining.
3. What is the selection process for IBPS PO/MT?
The selection includes Preliminary Exam, Main Exam, and Interview.
4. What is the age limit for IBPS PO/MT 2020?
Applicants must be between 20 to 30 years. Age relaxation rules apply for reserved categories.
5. Is there any reservation for SC/ST/OBC?
Yes, reservation policies as per government rules are applicable.
6. What is the salary of a Probationary Officer?
Salary and allowances are as per the participating bank’s pay scale. Refer to the official notification.
7. Can IBPS PO/MT selected candidates get foreign postings?
Yes, after a few years of service, officers may be eligible for deputation or foreign postings.
8. How to stay updated on IBPS notifications?
Regularly visit www.ibps.in and subscribe to reliable job alert portals like PRIME JOB ALERTS.
Conclusion – A Prestigious Banking Career Awaits
The IBPS PO/MT Recruitment 2020 is a golden opportunity for young graduates to build a secure and rewarding career in the banking sector. Probationary Officer / Management Trainee roles provide exposure to banking operations, management skills, and career advancement opportunities. Candidates who are diligent, disciplined, and committed can make the most of this opportunity and secure a bright future in one of India’s most respected sectors.
Make sure to apply online before the last date and follow the preparation tips diligently. Stay motivated and focused to achieve your dream of joining the banking world. PRIME JOB ALERTS will continue to provide you with detailed updates, preparation guides, and tips for all government job opportunities.
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