5 Importance of Institute of Banking Personnel Selection

While your elders, parents or teachers really want you to try the Institute of Banking Personnel Selection (IBPS) exam, you may wonder what are the constructive reasons for taking up the exam? The thought whether to take up the IBPS exam is a constant confusion faced by Indian students.

To solve the matter, here is stating 5 reasons why should take up the IBPS exam:

5 importance of Institute of Banking Personnel Selection IBPS exam

Opens doorway to Indian banking sector

If Indian economy and banking sector interest you and you seem to find a lucrative opportunity in this sector, then IBPS is a must to crack. Leaving behind few private banks, nowadays IBPS is now a mandate for almost all banks of India. Hence to fulfill your dream of serving the Indian economy and banks can only be solicited after a good score in IBPS exam.

Government banks that consider IBPS score are as follows:

State Bank of Patiala


Indian Bank

State Bank of Hyderabad

State Bank of Mysore

Indian Overseas Bank

Oriental Bank of Commerce

State Bank of Mysore

Bank of Baroda

State Bank of Travancore

Central Bank of India

Canara Bank

State Bank of India

State Bank of Bikaner and Jaipur

Syndicate Bank

Punjab National Bank

Corporation Bank

Dena Bank

Bank of India

Bank of Maharashtra

Punjab and Sind Bank

Allahabad Bank

Union Bank of India

Andhra Bank

UCO Bank

United Bank of India

Vijaya Bank

Enormous scope (except banking)

Its not alone for banks, the IBPS exam score opens to doorway to many other organizations like -

Private and Foreign banks

Central and other financial institutions

Insurance Companies

Academic institutes

State owned companies

Private corporates

Regional rural banks (rrbs)

Private banks

Co-operative banks

Wide syllabus coverage

Students not keen to join the banking sector or Indian economy can still take up the IBPS exam once to enhance their knowledge. The syllabus of IBPS exam is varied and contains different fields of study like English, Maths, Computer, General Knowledge and more. So if you want to brush your knowledge for a better career pursuit, IBPS exam can be a good way to test your candidature. Preparing for the IBPS exam allows one to learn and master a vast arena of academics.

Structured policy and systems

As IBPS is a third party human resource agency that extends services for recruitment in the Indian banking sector, hence the steps to apply/register for IBPS exam is simple and strategic. This makes IBPS an entrance exam worth a try for all candidates having knack in banks, money and economic sector of the country.

Simple eligibility criteria

Usually rigid eligibility criteria of entrance exams make it tough for students to apply for those exams. In case of IBPS exams, the eligibility criteria is simple like age (20-30years) and an academic qualification of graduation (with 60% score). This makes the IBPS exam easy to opt for.

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