BANK PROMOTION EXAM DATE 2024, SYLLABUS, AND STUDY MATERIAL

Bank Promotion Exams 2024 are conducted by the Institute of Banking Personnel Selection or IBPS (a govt. owned personnel recruitment agency).

These exams are actually conducted for various Public Sector Banks (PSBs) as well as Rural Sector Banks (RRBs) like SBI, Associate Banks of SBI, Reserve Bank of India, National Bank for Rural & Agriculture Development, Small Industries Development Bank of India, few co-operative Banks, LIC & some insurance companies who the members of IBPS .

Because promotions are sought after by most banking personnel, bankers usually go for the merit channel instead of waiting it out (seniority). By getting good scores in BANK PROMOTION EXAMS, one can easily ace up the scales very quickly.

These Exams are conducted for the various posts in Banks for the position of Bank Clerks, Probationary Officers (PO), Specialist Officers (SO), Office Assistants (SCALE-I), Assistant Managers (SCALE-II) & Managers (SCALE-III), Chief Managers (SCALE-IV), Assistant General Manager (SCALE-V), etc.

Table of contents

BANK PROMOTION 2024 EXAM NOTIFICATION

The notifications for the BANK PROMOTION 2024 EXAMS of different banks get notified at their different dates. Usually, the bank promotion notifications are notified by the Human Resource Department from where the employees can check out their upcoming Bank Promotion exams & registration dates.

It will probably cover all the details related to the number of posts, criteria, syllabus, application procedure and date of exams, etc.

ELIGIBILITY for BANK PROMOTIONS 2024

POST CRITERIA
Bank Clerk to Officer As per the general trend, the eligibility for bank clerical to officer scale – 1 is 2-3 years of experience & if you have already cleared JAIIB and CAIIB exams, you get 1 year of seniority for passing the JAIIB as well as for the CAIIB (i.e 2 Years if you have cleared both JAIIB and CAIIB)

In the case of RRBs – Regional Rural Banks this eligibility criteria is more i.e. from 4-6 years.

RRB – Regional Rural Banks Promotions’ CRITERIA for BANK PROMOTION EXAMS 2024:

POST CRITERIA
Officer Scale-I to Officer Scale-II (General Banking Officer (Manager)) Generally, an officer with experience of 4 to 6 years in a Bank/ Financial Institution is eligible for the promotion to Scale-II Officer.
Officer Scale-II Specialist Officers (Manager) Information Technology Officer:

Officer ( Scale-I [IT Officer] ) after 1 year of experience as one is eligible to get promotions to IT Manager (Scale-II).

Chartered Accountant:

An Associate Member of the Institute of Chartered Accountants of India with 1 year of experience as CA

Law Officer:

An officer in a bank or financial institution with 2 years of experience as Officer Scale-I is eligible to be promoted to Scale-II Officer (Manager).

Treasury Manager:

Chartered Accountant/MBA working as Scale-I Officer (Finance) for 1 year in Bank can level up to Scale-II.

Marketing Officer:

A Marketing Officer (Scale-I) having 1 year of work experience in the Bank can scale up to Officer (Scale-II)

Agricultural Officer:

A Banker of Officer cadre (Scale-I) is eligible for promotion to Scale-II Officer after 1 year of work experience as Scale-I Officer

Note: Having the JAIIB & CAIIB Certificate can get you a seniority of 1 year each in the promotion process. Thus, you can write the exams 1 year earlier (if you only have JAIIB) or 2 years earlier (if you have JAIIB as well as CAIIB) from the required experience in the given Scale for your post-promotion.

BANK PROMOTIONS EXAM PATTERN OF DIFFERENT BANKS: SBI | PNB | BOI | CANARA | INDIAN BANK | CBI | BOB | PSB

SBI PROMOTION EXAMS (CLERK to OFFICER):

No. PARTICULARS No. of Que. Marks
1 General Banking, KYC, Legal Issues, Systems & Procedures in our Bank 50 25
2 CBS & Computer Awareness, Computer Security 20 15
3 Product & Services of the Bank Associates & Subsidiaries, Other Banks, Alternate Channel & IT Products, Financial Inclusion 30 15
4 Latest Financial Results, Performance Indicators of the Bank, Productivity & Profitability related concerns of the Bank 10 5
5 Objective type Question on Practical Problems in general banking 10 20
6 General Awareness 10 10
7 Organizational structure and policy guidelines of the bank 10 10
TIME DURATION: 150 MINUTES 140 100

SBI PROMOTIONS EXAMS 2024 (SCALE I to SCALE II):

No. PARTICULARS No. of Que. Marks
1. Product Features: Deposit/Liability Product 20 10
2 Product Features: Advances/Asset Product 20 10
3 IT Channels, Payment Solutions, Transaction Products Etc & Other New Initiatives 10 5
4 Systems & Procedures in Branches & CPC (Both System & Manual), Organisational Structure and Questions Related to HR Area 20 10
5 Forex, Treasury & International Banking 5 2.5
6 Govt. Business, Cross-Selling Products, Financial Inclusion 15 7.5
7 Laws Related to Bank 15 7.5
8 Macroeconomic Environment, General Awareness 10 5
9 Pre-Sanction, Post-Sanction Process & NPA Management in Loans and Advances 15 7.5
10 English Language (Comprehension) 20 10
Total Marks 150 75

SBI PROMOTIONS EXAMS (SCALE II to SCALE III) 2024:

(Objective Type Questions)

PNB PROMOTION EXAMS 2024

Oriental Bank of Commerce & Union Bank of India has been merged with Punjab National Bank, so even for this time it’s very much expected that the vacancies that will be announced for 2024 will be quite large in number. So, if as a banker, you are still to decide whether you want to write the upcoming exams or not you should decide soon.

You can surely take an overview by looking at the exam pattern for the PNB Officer Scale-I Exam.

PNB EXAM PATTERN | PNB PROMOTION EXAMS (CLERK to OFFICER SCALE-I):

PAPER PARTICULARS Marks
I. Knowledge of Banking (including Circulars, General Banking, Banking Products & Govt. Yojanas etc.) 100
Customer Service
Priority Sector
Practice & Law of Banking
II. Economics 100
Accounting
General Knowledge
MAXIMUM MARKS 200

CANARA BANK EXAMS 2024

Again, as SYNDICATE BANK got merged with Canara Bank in April 2020, making it to be the fourth largest state Bank (by assets) so the no. of vacancies expected for the coming year is expected to be larger in number. We suggest that you write the upcoming exams. You can take a look at the pattern for the Scale-I exams given below:

CANARA BANK PROMOTION EXAM (CLERK to OFFICER [SCALE-I]):

No. PARTICULARS No. of Que. Marks
1. Legal aspects and Banking Law & Practice 20-30 100
2 KYC/AML 6-10
3 CASA Deposits 10-12
4 Term Deposits 6-8
5 General Advances 10-20
6 Balance Sheet Advances 3-5
7 Priority Sector Lending Guidelines 5-10
8 Agriculture 6-10
9 SME 6-10
10 Govt. Sponsored Schemes 5-8
11 Retail Lending Schemes 6-10
12 NPA & Recovery 10-12
13 Financial Inclusion 3-6
14 Foreign Exchange 10-15
15 Digital Banking & Technology 10-15
16 General Banking 15-20
17 Staff matters & Official Language 2-5
18 Statements & returns 2-3
19 Latest in Banking/Current Banking/Indian Economy 10-12
20 ENGLISH 20

INDIAN BANK (CLERK to OFFICER [SCALE-I]) (broadly covers) 2024:

As you saw the merger of ALLAHABAD BANK with INDIAN BANK in April 2020, shifting the Indian Bank from its previous position of ninth to seventh in India you can imagine the no. of posts that will be available for internal promotions. Take a look at the Exam pattern for Indian Bank that is given below to get an overview of the Syllabus coverage:

No. PARTICULARS
1 Principles and Practices of Banking
2 Circulars
3 Legal aspects
4 New updates & developments
5 Govt Yojana
6 Digital Banking and etc

SYLLABUS OF INDIAN BANK (CLERK to OFFICER [SCALE-I]) EXAM 2024

Under this we have defined the paper pattern of Indian bank from clerk to officer (Scale I ) in 2024:

SR. NO. PAPERS
1. English
2. Practical Banking:

Circular + Bank Internal

INDIAN OVERSEAS BANK (IOB) (CLERK to OFFICER [SCALE-I]) 2024:

No. PARTICULARS
I. General Banking
1. Principles and Practices of Banking
2. Banking Products
3. Legal aspects
4. Finacle Menu
5. Govt Yojanas
6. Digital Banking and etc.
7. Forex Account
8. Financial Data
9. Internal Circulars
10. New updates & developments
II. English

BANK OF INDIA (CLERK to OFFICER [SCALE-I]) 2024:

No. PARTICULARS No. of Que.
1 BOI (Know Your Bank) 7-8
2 BOI Financial Position 5-6
3 HRMS/Star-desk 6-8
4 Hindi Official Language 3-4
5 Finacle Menu 3-4
6 RBI & Other Institution 6-8
7 MMS or Outlook 5-6
8 Vijeta & Sandipini 84-90

CENTRAL BANK OF INDIA BANK PROMOTION EXAMS 2024 (CLERK to OFFICER [SCALE-I]):

No. PARTICULARS Marks
I. Banking i.e Banking Law & Practice 75
1. Deposits- CBI Bank Products
2. Retail Lending Schemes
3. Agriculture Schemes
4. MSME Schemes
5. Govt. Sponsored Schemes
6. Priority Sector
7. Retail Loan
8. Corporate Loan Policy
9. MSME Policy
10. CGTMSE
11. Credit Monitoring Policy
12. Valuation Policy
13. Recovery Policy
14. Non-discretionary Settlement
15. OTS (One Time Settlement)- Net Present Value Approach
16. Deceased/Missing Person Claim
17. Nomination
II. General English (Clerical Level) 25
1. Parajumble
2. Fill in the blanks
3. Comprehension
III. Interview 25
TOTAL 125

PUNJAB & SINDH BANK – BANK PROMOTION EXAM 2024 (CLERK to OFFICER [SCALE-I]):

No. PARTICULARS Marks
I. Banking Law & Legal 75
1. General Banking
2. Circulars
3. MSME
4. Agricultural
5. Retail Products etc.
6. Govt. Yojna
7. Financial Report
8. Latest updates
II. English 25
TOTAL 100

BANK OF BARODA – BANK PROMOTION EXAM 2024 (CLERK to OFFICER [SCALE-I]):

INTERVIEW

40

BOB -BANK PROMOTION EXAM 2024 SYLLABUS:

PAPER CONTENTS
Banking law & Practice This paper will cover topics such as the Business of Banking; the Constitution of Banks; the RBI Act, of 1934; the Banking Regulation Act, of 1949; the Role of RBI; Regulator of Banks i.e Govt.; Control over Co-op Banks; Regulation by other Authorities, Recovery of Debts due to Banks and Financial Institutions Act, 1993, SARFAESI Act, Banking Ombudsmen Scheme, The Consumer Protection Act, 1986 and CERSAI, Negotiable Instruments Act, 1881, Income Tax law; Commodity Transaction Tax law; Service Tax law etc
Banking Technology Baroda Connect (Internet Banking), BOB– Functional Services, Security, Ways to Transfer and Limit Funds through BOB Net Banking, Services Charges of BOB, BHIM Baroda Pay, BHIM Aadhar Pay, Bharat Bill payment system, BOB Gift Card, Baroda Travel Easy Card, Baroda Reloadable Card, Bank of Baroda Fastag, BOB Cash Recycler machine (CR), Bank of Baroda Debit Card, BOB E-lobby, Redressal of Complaints etc.
General Knowledge Current affairs of last 6 months
Reasoning & Problem This paper will have Puzzle and Setting Agreement, Syllogism, Blood Relations, Coding and decoding, Input Output, Ranking or Direction or Alphabet Test etc.
English It will test the Reading Comprehension, Fill in the blanks, Cloze Test, Multiple Meaning or Error Spotting, Para jumbles etc from the examinee.

BENEFITS OF WRITING YOUR BANK’S PROMOTION EXAMS 2024

As long as you were working as CLERK, you enjoyed working in your home state. Once got promoted as an Officer, chances are you were posted far from home which in turn took away a large chunk of your salary in the form of Rental, food & travel expenses. And if you have family living with you, then that chunk of your salary would be larger.

So, why should you not be writing the internal promotions exams in 2024 when they have so much to offer? If you need further reasons to sit for your bank’s Promotion exams whichever bank you are working in, then here are some:

SYLLABUS OF BANK PROMOTION EXAMS 2024

Almost all banks’ syllabus is one & same to some extent (if we leave the content that relates to the particular bank whose exam syllabus we refer to). The syllabus for Bank Promotion Exams at glance covers the following topics: