Exam Dates for Federal Bank PO Exam 2024
The Federal Bank PO Exam is a highly competitive examination for aspiring banking professionals in India. It is conducted by the Institute of Banking Personnel Selection (IBPS) on behalf of various participating public sector banks. The exam is held annually in multiple phases, and the exact dates for each phase are announced by IBPS well in advance.
Exam Schedule for Federal Bank PO Exam 2024
The exam schedule for the Federal Bank PO Exam 2024 is not yet announced by IBPS. However, based on the previous year’s exam schedule, we can expect the exam to be conducted in the following phases:
Phase 1: Preliminary Examination
- Tentative Dates: October/November 2023
- Exam Pattern: Online objective type exam consisting of three sections:
- Reasoning Ability: 35 Questions (35 Marks)
- Quantitative Aptitude: 35 Questions (35 Marks)
- English Language: 30 Questions (30 Marks)
- Duration: 1 hour (60 minutes)
- Total Marks: 100
Phase 2: Mains Examination
- Tentative Dates: December 2023/January 2024
- Exam Pattern: Online objective type exam consisting of four sections:
- Reasoning and Computer Aptitude: 60 Questions (60 Marks)
- Data Analysis & Interpretation: 60 Questions (60 Marks)
- General Awareness: 40 Questions (40 Marks)
- English Language: 40 Questions (40 Marks)
- Duration: 2 hours 40 minutes (160 minutes)
- Total Marks: 200
Phase 3: Interview
- Tentative Dates: February/March 2024
- Selection Process: Candidates who clear the Mains Examination will be shortlisted for the interview round. The interview will be conducted by a panel of experts from the participating banks.
- Interview Marks: 100 Marks
Note: The above dates are tentative and subject to change. The actual exam dates will be announced by IBPS on its official website.
Important Dates to Remember
- Notification Release: August/September 2023
- Online Application Period: September/October 2023
- Admit Card Download: A few weeks before the exam date
- Result Declaration: Within a few weeks after the exam
How to Apply for the Federal Bank PO Exam 2024
- Visit the IBPS Official Website: Go to the official website of IBPS (www.ibps.in).
- Click on the “CRP PO/MT” Link: Look for the link related to the “Common Recruitment Process for Probationary Officers/Management Trainees” on the website.
- Register Yourself: Create a new account on the IBPS website if you are a new user.
- Fill the Application Form: Fill the application form carefully and accurately.
- Upload Documents: Upload the required documents, such as photograph, signature, and educational certificates.
- Pay the Application Fee: Pay the application fee online through debit card, credit card, or net banking.
- Submit the Application Form: Submit the application form before the last date.
Exam Pattern and Syllabus
The Federal Bank PO Exam is designed to assess the candidate’s knowledge and skills in various areas. The exam pattern and syllabus are as follows:
Phase 1: Preliminary Examination
Section | Topics | Number of Questions | Marks |
---|---|---|---|
Reasoning Ability | * Analogies * Classification * Coding-Decoding * Blood Relations * Direction Sense * Seating Arrangement * Puzzles * Syllogisms * Inequalities * Data Sufficiency | 35 | 35 |
Quantitative Aptitude | * Number Systems * Simplification * Percentage * Profit and Loss * Time and Work * Time and Distance * Average * Ratio and Proportion * Mixtures and Allegations * Data Interpretation | 35 | 35 |
English Language | * Reading Comprehension * Cloze Test * Error Detection * Sentence Improvement * Para Jumbles * Vocabulary * Grammar | 30 | 30 |
Phase 2: Mains Examination
Section | Topics | Number of Questions | Marks |
---|---|---|---|
Reasoning and Computer Aptitude | * Logical Reasoning * Analytical Reasoning * Data Interpretation * Computer Awareness * Basic Computer Operations * Software and Hardware * Networking * Cybersecurity | 60 | 60 |
Data Analysis & Interpretation | * Data Interpretation * Tables * Graphs * Charts * Caselets * Data Sufficiency | 60 | 60 |
General Awareness | * Current Affairs * Banking Awareness * Economy * Finance * Static GK * History * Geography * Polity * Science * Sports * Culture | 40 | 40 |
English Language | * Reading Comprehension * Cloze Test * Error Detection * Sentence Improvement * Para Jumbles * Vocabulary * Grammar | 40 | 40 |
Preparation Tips for Federal Bank PO Exam 2024
- Understand the Exam Pattern and Syllabus: Thoroughly understand the exam pattern and syllabus to know the topics you need to prepare.
- Create a Study Plan: Make a realistic study plan and stick to it. Allocate sufficient time for each subject.
- Refer to Quality Study Material: Use reliable study materials like books, online courses, and mock tests.
- Practice Regularly: Practice previous years’ papers and mock tests to get familiar with the exam pattern and improve your speed and accuracy.
- Focus on Weak Areas: Identify your weak areas and work on them diligently.
- Stay Updated with Current Affairs: Keep yourself updated with the latest current affairs related to banking and the economy.
- Develop Time Management Skills: Learn to manage your time effectively during the exam.
- Stay Calm and Confident: Stay calm and confident during the exam. Avoid any last-minute stress or anxiety.
Important Resources for Preparation
- IBPS Official Website: www.ibps.in
- Banking Awareness Websites: www.bankersadda.com, www.gradeup.co, www.affairscloud.com
- Online Courses: Unacademy, Byju’s, Oliveboard, Testbook
- Mock Tests: Oliveboard, Testbook, Gradeup, Bankersadda
Salary and Benefits
The salary and benefits for a Probationary Officer (PO) in a Federal Bank are attractive and competitive. The starting salary for a PO is around INR 45,000 per month, which includes basic pay, allowances, and other benefits. The salary increases with experience and promotions.
Benefits:
- Medical Insurance: Health insurance coverage for the employee and their family.
- Provident Fund: Contribution to the employee’s provident fund account.
- Gratuity: A lump sum payment received upon retirement or resignation.
- Leave Encashment: Payment for unused leave upon retirement or resignation.
- Housing Loan: Loan facility for purchasing or constructing a house.
- Other Benefits: Other benefits may include travel allowance, education allowance, and other perks.
Career Growth Opportunities
A career as a Probationary Officer in a Federal Bank offers excellent career growth opportunities. POs can progress through the ranks to senior management positions, such as Branch Manager, Regional Manager, and General Manager.
Career Path:
- Probationary Officer (PO)
- Assistant Manager
- Deputy Manager
- Manager
- Senior Manager
- Chief Manager
- General Manager
Conclusion
The Federal Bank PO Exam is a challenging but rewarding career path for aspiring banking professionals. With proper preparation and dedication, you can increase your chances of success in this competitive exam. Remember to stay focused, practice regularly, and stay updated with the latest information. Good luck!
Frequently Asked Questions (FAQs)
1. When will the Federal Bank PO Exam notification be released?
The notification for the Federal Bank PO Exam 2024 is expected to be released in August/September 2023.
2. What is the tentative exam schedule for the Federal Bank PO Exam 2024?
The tentative exam schedule is as follows:
- Preliminary Exam: October/November 2023
- Mains Exam: December 2023/January 2024
- Interview: February/March 2024
3. How can I apply for the Federal Bank PO Exam 2024?
You can apply for the exam online through the IBPS official website (www.ibps.in).
4. What is the application fee for the Federal Bank PO Exam 2024?
The application fee for the exam is typically around INR 600 for general category candidates and INR 100 for SC/ST/PWD candidates.
5. What is the eligibility criteria for the Federal Bank PO Exam 2024?
The eligibility criteria for the exam include:
- Nationality: Indian citizen
- Age: Minimum 21 years and maximum 30 years (relaxations available for reserved categories)
- Educational Qualification: Graduation in any discipline from a recognized university
6. What is the exam pattern for the Federal Bank PO Exam 2024?
The exam is conducted in three phases:
- Preliminary Exam: Online objective type exam consisting of Reasoning Ability, Quantitative Aptitude, and English Language.
- Mains Exam: Online objective type exam consisting of Reasoning and Computer Aptitude, Data Analysis & Interpretation, General Awareness, and English Language.
- Interview: Face-to-face interview conducted by a panel of experts.
7. What are the best resources for preparing for the Federal Bank PO Exam 2024?
You can refer to the following resources for preparation:
- IBPS Official Website: www.ibps.in
- Banking Awareness Websites: www.bankersadda.com, www.gradeup.co, www.affairscloud.com
- Online Courses: Unacademy, Byju’s, Oliveboard, Testbook
- Mock Tests: Oliveboard, Testbook, Gradeup, Bankersadda
8. What is the salary and benefits for a Probationary Officer (PO) in a Federal Bank?
The starting salary for a PO is around INR 45,000 per month, which includes basic pay, allowances, and other benefits. The salary increases with experience and promotions.
9. What are the career growth opportunities for a Probationary Officer (PO) in a Federal Bank?
A career as a PO offers excellent career growth opportunities. POs can progress through the ranks to senior management positions, such as Branch Manager, Regional Manager, and General Manager.
10. When will the results for the Federal Bank PO Exam 2024 be declared?
The results for the exam are typically declared within a few weeks after the exam.
Note: The above information is based on previous year’s exam patterns and trends. The actual exam dates, syllabus, and other details may vary. It is always advisable to refer to the official IBPS website for the latest updates.