Banking ( Bank Exams ) and finance are the most desirable career prospects since their inception. It is the most preferred career choice after the Civil Services and is most popular among the female candidates. Why? Because it offers timely promotions through internal examinations with great salary packages. The primary benefit of working in the Indian banking and finance sector is that you learn about the flow of money and its importance for the nation.
Every year several lakh students prepare for these examinations through coaching and self-study. Various government bodies organize banking exams to fill vacant positions in banks like State Bank of India, Punjab National Bank, Bank of Baroda, RBI, NABARD, etc. Any graduate from a UGC-recognized university can apply for the exams.
After the selection in any of the government banks, one can get the position of Probationary Officer, Specialist Officer, Clerk. These positions offer best-in-class salary and work-life balance, and in today’s scenario, the work-life balance is what everyone is looking for.
Recruitment agencies released their tentative exams schedule. Why tentative? Because of the ongoing pandemic situation, but most probably, this is the final schedule released recently. Today we will discuss the various banking exams going to be conducted in 2022.
Upcoming Banking Exams 2022
| Name of the Examination | Notification Date | Date of the Examination |
| IBPS PO (2022) | August (2022) | Preliminary Examination: October (2022)
Mains Examination: November (2022) |
| IBPS SO (2022) | November (2021) | Preliminary Examination: December (2021)
Mains Examination: January (2022) |
| IBPS RRB Grade B (2022) | July (2022) | Preliminary Examination: August (2022)
Mains Examination: September (2022) |
| IBPS Clerk (2022) | September (2022) | Preliminary Examination: December (2022)
Mains Examination: January (2023) |
| SBI SO (2022) | January (2022) | Descriptive examination: February (2022) |
| SBI Clerk (2022) | January (2022) | Preliminary Exam: July (2022)
Mains Exam: August (2022) |
| SBI PO (2022) | May (2022) | Preliminary Exam: July (2022)
Mains Exam: August (2022) |
| RBI Assistant (2022) | November (2021) | Preliminary Exam: January (2022)
Mains Exam: February (2022) |
| RBI Grade B (2022) | June (2022) | Preliminary Exam: August (2022)
Mains Exam: September (2022) |
| RBI SO (2022) | September (2022) | Descriptive examination: October (2022)
Interview Date: December (2022) |
| Bank of Baroda PO Exam (2022) | October (2021) | Preliminary Exam: January (2022)
Mains Exam: February (2022) |
| IDBI Bank Assistant Manager (2022) | August (2022) | Exam: October (2022) |
| IDBI Bank Executive (2022) | July (2022) | Exam: August (2022) |
| Canara Bank PO (2022) | January (2022) | Exam: March (2022) |
| REPCO Bank Clerk (2022) | February (2022) | Exam: May (2022) |
| NABARD (2022) | March (2022) | Preliminary Exam: May (2022)
Mains Exam: June (2022) |
| SEBI Grade A (2022) | June (2022) | Phase 1: July (2022)
Phase 2: August (2022) Phase 3: September (2022) |
| NIACL Assistant (2022) | June (2022) | Preliminary Exam: September (2022)
Mains Exam: October (2022) |
These are the most demanding and high-paying banking jobs in India. You can easily prepare after analyzing the pattern and the nature of the examination.
Pattern of These Bank Examinations
The PO, SO, and Clerk posts in major banks like SBI, IBPS, Bank of Baroda, RBI, NABARD, and NIACL have almost the same pattern. The first round is the preliminary examination which is an online-based objective test. If you are willing to take any of the exams mentioned above, then remember that there is the provision of negative marking. You will be awarded one mark for each correct answer, and a 0.25 mark will be deducted for each wrong answer.
The objective of the preliminary examination is to check your basic understanding of various subjects. Similarly, the Mains examination is also there to check your in-depth knowledge and writing skills. The Mains exam is of descriptive type in most cases, but you can check the official websites of respective banks to get a brief idea. In mains examination, you have to elaborate your answers wittingly.
For REPCO and IDBI bank, there is a single written exam for the selection but with the provision of a negative marking of 0.25 for each wrong answer.
The selection process for Canara bank PO is a bit different. There is no mains examination for Canara bank PO, but to replace that, the recruitment board introduced a Group Discussion (GD) round after the online test. You can understand the chronology this way, Online Objective Test > Group Discussion > Personal Interview. Negative marking is also there for the online objective examination, where a 0.25 mark will be deducted for each wrong attempt.
Salaries
The salaries we will write in this article are after all the deductions, which means that amount would be the potential in-hand salary.
For Clerk
This is the initial level salary you will get after the selection and mostly remains the same for every bank with a minor fluctuation of 2 to 5 thousand. The expected salary for a clerk ranges between 26,000 to 30,000 approx.
For SO
The salary for SBI SO (any division) ranges between 40,000 to 65,000, and for IBPS, it is 35,000 to 60,000 per month. For RBI, this salary can go up to 70,000 per month after deductions.
For PO
The monthly remuneration for IBPS is 52,000 to 55,000 per month, and for an SBI PO, it is 56,000 to 60,000 per month. Bank of Baroda offers a salary of 40,000 per month (approx) same as the Canara Bank PO.
As you can see, the salaries of the identical posts vary with bank names. Apart from the high wages, all the recruits are entitled to other perks and benefits as well.
RBI is not behind the other banks. For their Grade B officer, the initial monthly salary starts from 78,000 to 80,000 per month making it one of the most high-paying and desirable career options for all banking aspirants.
The initial salary for NIACL Assistant is 50,000 per month (approx), and for NABARD, it is 60,000 per month (approx) after deductions. This salary is higher for SEBI employees as it offers a 92,000 per month salary but with a catch. If they give you that amount, then SEBI won’t provide you with government accommodation. But if you want to stay in government property, SEBI offers a 62,000 monthly salary after all deductions.
Salaries in REPCO and IDBI bank can vary between 35,000 to 60,000 per month for different posts. But for the new recruits, it revolves around 50,000 brackets keeping inflation in mind.
To crack the Banking exams in India, candidates need flawless strategy and reliable expert guidance to excel in these exams. Just like any other competitive exam in India, these exams are also challenging and demanding in nature. With the rise in competition among the job seekers of India, the requirement for professional guidance also becomes necessary to ensure success.
Also Read : Tips to score Full Marks in Passage in SSC & Bank Exam
