IBPS PO 2020 Vacancies (Revised): Check Bank-wise 3517 Vacancies Here

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The Institute of Banking Personnel Selection (IBPS) has again revised IBPS PO vacancies 2020. The vacancies have been revised to 3,517. This is the third time that IBPS PO vacancies 2020 has been revised. Earlier, the vacancies were revised to 1,417. Initially, a total of 1,167 IBPS PO 2020 vacancies were announced. The number of vacancies announced this year is less compared to last year. Last year, a total of 4,336 vacancies were announced. IBPS PO vacancies are announced category-wise and bank-wise along with the notification. 

The number of participating banks also reduced compared to last year due to the merger of 10 Public Sector Undertaking (PSU) banks. This year, the number of participating banks is 11, whereas, it was 17 last year. The selection of candidates against these vacancies is made on the basis of the preliminary exam, mains exam, and interview. Read below for more details on IBPS PO vacancies.

Check below the bank-wise and category-wise vacancies of IBPS PO.

BanksNumber of vacancies
Bank of Baroda0
Bank of India734
Bank of Maharashtra250
Canara Bank2,100
Central Bank of India0
Indian BankNot Reported
Indian Overseas Bank0
Punjab National BankNot Reported
Punjab & Sind Bank83
UCO Bank350
Union Bank of India0
Total3,517

The table below contains the IBPS PO vacancies 2020 category-wise

CategoryNumber of vacancies
General1,426
EWS352
OBC948
ST262
SC529
Bank of BarodaCanara Bank
Bank of BarodaCanara Bank
Indian Overseas BankUCO Bank
Punjab National BankUnion Bank of India
Bank of MaharashtraIndian Bank
Punjab & Sind Bank-

Candidates selected against the vacancies will be entitled to a basic salary of Rs 23700 – (980 x 7) – 30560 – (1145 x 2) – 32850 – (1310 x 7) – 42020. This means after seven years, the basic salary will be Rs 30,560. The basic salary after 7+2 years it will be Rs 32, 850. The basic salary of IBPS PO after 7+2+7 years will be Rs 42,020. Candidates are also entitled to House Rent Allowance (HRA), Dearness Allowance (DA), Special Allowance (SA) and Compensatory allowance.

IBPS PO Selection Process

The online tests of IBPS PO are conducted in two phases, Preliminary and Mains exams. Qualified candidates of mains exam are required to appear for an interview. The final selection for the provisional allotment is done based on the candidates’ performance in the mains exam and interview.

IBPS PO 2020 Vacancies FAQs

Q. How many vacancies were announced in 2019?

A. A total of 4,336 vacancies were announced in 2019.

Q. How many vacancies were announced in 2018?

A. In 2018, a total of 4,252 vacancies were announced.

Q. How the candidates are selected against the vacancies?

A. The selection process includes three stages, preliminary, mains and interview.

Q. As some of the banks have been merged. Will the number of participating banks reduce?

A. Yes, the number of vacancies has reduced.

Q. Is it tough to crack IBPS PO exam?

A. No, it is not tough to crack IBPS PO exam if you have prepared well.

Q. How many vacancies are announced this year?

A. A total of 1,417 vacancies has been announced.

Q. Is the number of vacancies less compared to last year?

A. Yes, the number of vacancies is less compared to last year.

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