Institute of Banking Personnel Selection (IBPS) will hold online examination for Fourth Common Recruitment Process of CWE PO/MT-IV (October / November 2014) for selection of Probationary Officers / Management Trainees in various Government Sector Banks and Organizations. Graduate Indian National candidates Apply Online - The Registration start from 22nd July 2014 to 11th August 2014.
The vacancies to be filled in during the financial year 2015-16 based on the business needs of the Participating Organizations (Banks / Financial Organizations) and as reported to IBPS, candidates shortlisted will be provisionally allotted to one of the Participating Organizations keeping in view the spirit of Govt. Guidelines on reservation policy, administrative convenience, etc. The validity for CWE PO/MT-IV will automatically expire at the close of business on 31/03/2016 with or without giving any notice.
| Exam Name | Age Limit | Educational Qualifications |
| Probationary Officers / Management Trainees (PO / MT-IV) | 20 to 30 Years (candidate must have been born not earlier than 02.07.1984 and not later than 01.07.1994 ) | A Degree (Graduation) in any discipline from a recognised University by the Govt. of India or any equivalent. |
Participating Banks:
| Allahabad Bank | Canara Bank | Indian Bank | Syndicate Bank |
| Andhra Bank | Central Bank of India | Indian Overseas Bank | UCO Bank |
| Bank of Baroda | Corporation Bank | Oriental Bank of Commerce | Union Bank of India |
| Bank of India | Dena Bank | Punjab National Bank | United Bank of India |
| Bank of Maharashtra | ECGC | Punjab & Sind Bank | Vijaya Bank |
| Bharatiya Mahila Bank | IDBI Bank | Any other bank or | Any other financial institution |
Age Relaxation: 05 Years for SC/ST; 03 Years for OBC (Non-Creamy Layer); 10 Years for PWD and 05 Years for Ex-Servicemen, State of Jammu & Kashmir candidates (Born before 1990) and Persons affected by 1984 riots.
Selection Process: CWE – Online Examination (200 Marks) and Interview (100 Marks) [Shortlisted candidates (from CWE Exam) called for an Interview to be conducted by the Participating Organisations]
CWE – Online Examination Schedule: [Duration – 2 Hours]
| Name of Test | Maximum Marks |
| Reasoning | 50 |
| English Language | 40 |
| Quantitative Aptitude | 50 |
| General Awareness (with special reference to Banking Industry) | 40 |
| Computer Knowledge | 20 |
(a) Penalty for Wrong Answers -> There will be penalty for wrong answers marked in the Objective Tests. For each question for which a wrong answer has been given by the candidate one fourth or 0.25 of the marks assigned to that question will be deducted as penalty to arrive at corrected score. If a question is left blank, i.e. no answer is marked by the candidate, there will be no penalty for that question.
(b) Exam Centre -> The examination will be conducted online in venues across many centres in India.
(c) Scores -> The corrected scores obtained by each of the candidates in different sessions (if held) will be normalized using equipercentile method.
(d) Cutoff Score -> Each candidate will be required to obtain a minimum score in each test and also a minimum total score to be considered to be shortlisted for interview. Depending on the number of vacancies available, cutoffs will be decided and candidates will be shortlisted for interview. Prior to the completion of the interview process, scores obtained in the online examination will not be shared with the candidates shortlisted for interview.
(d) Interview -> Candidates who have been shortlisted in the examination for CWE PO/MT-IV will subsequently be called for an Interview to be conducted by the Participating Organisations and coordinated by the Nodal Bank in each State/ UT with the help of IBPS. Interviews will be conducted at select centres. The centre, address of the venue.
e, time & date of Interview will be informed to the shortlisted candidates in the call letter. Candidates are required to download their interview call letters from authorised IBPS website. Please note that any request regarding change in date, centre etc. of interview will not be entertained. However the conducting agencies reserve the right
to change the date/ venue/ time/ centre etc. of interview or hold supplementary process for particular date / session / venue / centre / set of candidates at its discretion, under unforeseen circumstances, if any.The total marks allotted for Interview are 100. The minimum qualifying marks in interview will not be less than 40% (35% for SC/ST/OBC/PWD candidates). The weightage (ratio) of CWE (exam) and interview will be 80:20 respectively. The combined final score of candidates shall be arrived at on the basis of scores obtained by the candidates in CWE PO/MT-IV and Interview.
Application Fee: Rs.100/- for SC/ST/PWD candidates; Rs.600 /- for all others. Candidates have the option of making the payment of requisite fees/ intimation charges either through the ONLINE mode or the OFFLINE mode.
How To Apply: Eligible Candidates can Apply Online through IBPS Official website from 22/07/2014 to 11/08/2014.
Important Dates:
Online Registration -> start from 22/07/2014 and End on 11/08/2014
Payment of Application Fees- Online -> 22/07/2014 to 11/08/2014
Payment of Application Fees- Offline -> 24/07/2014 to 14/08/2014
Download of Call Letter for Pre-Examination Training (PET) for SC/ST/ Minority Community candidates -> 11/09/2014 to 22/09/2014
Pre-Examination Training -> 22/09/2014 to 27/09/2014
Download of Call letter for Examination -> After 01/10/2014
Online Examination (Tentative dates) -> 11/10/2014 & 12/10/2014 & 18/10/2014 & 19/10/2014 & 01/11/2014 & 02/11/2014
Declaration of result status of examination (CWE) -> November 2014
Download of call letters for Interview -> January 2015
Conduct of Interview -> January 2015
Provisional Allotment -> April 2015
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