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

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

Henesh Rawat
October 31, 2020
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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.

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IBPS PO 2020 vacancies

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

Bank-wise overall vacancies

Banks	Number of vacancies
Bank of Baroda	0
Bank of India	734
Bank of Maharashtra	250
Canara Bank	2,100
Central Bank of India	0
Indian Bank	Not Reported
Indian Overseas Bank	0
Punjab National Bank	Not Reported
Punjab & Sind Bank	83
UCO Bank	350
Union Bank of India	0
Total	3,517

IBPS PO 2020 Vacancies: Category-wise

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

Category	Number of vacancies
General	1,426
EWS	352
OBC	948
ST	262
SC	529

IBPS PO 2020 Participating Banks

Bank of Baroda	Canara Bank
Bank of Baroda	Canara Bank
Indian Overseas Bank	UCO Bank
Punjab National Bank	Union Bank of India
Bank of Maharashtra	Indian Bank
Punjab & Sind Bank	-

IBPS PO Salary

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.