SBI PO Notification 2014 : The Grand Opportunity

SBI PO Notification 2014: The Grand Opportunity

Among the Banking sector, the SBI PO is seen as the most reputed and alluring to the candidates. Thus, no wonder that every year about 15,00,000+ candidates take the SBI PO examination.

SBI has released the notification for the recruitment of Probationary Officers (PO) for the year 2014. Online registration and payment has started from 07-04-2014, and is open till 25-04-2014, while the Offline Payment can be made between 10-04-2014 to 28-04-2014.

The exam is tentatively scheduled for June 2014. However, the final date will be announced by the SBI Recruitment Cell later.

This year's SBI PO exam has something special for the candidates, as the number of vacancies, as notified by SBI, are as large as 1837.

Vacancy Structure and Distribution :

Category Vacancies

SC

235

ST

439

OBC (Non-Creamy Layer)

405

General

758

Visually Handicapped (VH)

29

Orthopedically Handicapped (OH)

31

Total (PWD)

60

Total Overall Vacancies

1837

 

Eligibility Criteria :

  1. Essential Academic Qualifications- as per the SBI notification, the candidates, applying for the SBI PO exam should atleast hold a graduate degree from a recognized university or any equivalent qualification recognized as such by the Government. However, those who are in the final year of their Graduation may also apply, subject to the condition that if called for interview, they will have to produce the proof of having passed the graduation examination on or before 10-08-2014.

  2. Age Limit- the minimum age eligibility to appear for the SBI PO is- not below 21 years, and not above 30 years, as on 01-04-2014. however, there are certain age relaxations for the candidates belonging to different categories, which shall be dealt with in our further articles.

Candidates should carefully fill the registration form as no changes are allowed once the form has been submitted.

Selection Procedure :

The SBI PO examination is conducted in two stages :

Phase 1- Examination consisting Objective Tests for 200 marks and a Descriptive Test for 50 marks.

Please note that the Objective Test, from this year, would be conducted online, instead of the traditional OMR forms. However, immediately after the online test, the Descriptive test would follow. The descriptive test would be done on traditional lines, that is, through paper-pen mode.

Objective Test- Broadly, the objective test is divided into 4 sections, each of 50 marks-

  1. English Language- Grammar, Vocabulary, Comprehension etc.
  2. General Awareness, Marketing and Computers
  3. Data Analysis and Interpretation
  4. Reasoning- High Level.

Please note, that the candidates require to qualify in each of the section, in order to qualify the test. The qualifying marks are to be decided by the Bank itself.

Descriptive Test- the time duration of the descriptive test is 1 hour, and comprise of 50 marks. It is a test of English Language- Comprehension, Short Precis, Letter Writing and Essay.

Please note that the descriptive test of only those candidates is evaluated who secure the passing marks in the Objective test.

Phase II- Group Discussion (20 marks) and Interview (30 marks)

the aggregate marks of the candidates, qualifying in the objective and descriptive tests are arranged in the descending order in each category. Thereafter, an adequate number of candidates are called for Group Discussion (GD) and Interview. However, the qualifying marks for both- GD and interview are decided by the SBI.

Final Selection :

The Candidates need to qualify both- phase I and phase II separately.

For the final merit list, the marks secured in the Written Test (out of 250 marks) are converted to out of 75, and marks secured in GD and interview are converted to out of 25.

The final merit list is prepared after aggregating the converted marks of Written test and GD and Interview (out of 100) for each category. The final selection is made from the top merit ranked candidates in each category.

SBI PO Salary and Allowances :

as per the SBI notification, the pay scale of a PO is 14,500-25,700 with four increments applicable to a Junior Management Grade Scale-I. This basic salary is apart from the DA, HRA, CCA and other allowances given to the bank employees. Overall, an approximate annual package of the SBI PO reaches Rs. 8,40,000/- per annum.

SBI PO is also entitled to allowances like- medical aid for self and family; home travel concession and leave fare concession; and concessional interest rates for housing/car/personal loans.

Apart from all this, the salary and other allowances are periodically revised. Overall, the salary and emoluments of a SBI PO are very attractive.

HOW TO APPLY ?

Apply Online : click here to go to the online registration page.

Please note that from this year, the objective test would be conducted online. Thus, please make yourselves comfortable with the computer, to avoid last minute hassles.

SBI PO Career Path :

The job of a Probationary Officer provides great career development opportunities. The PO is initially put on a probation of two years, during which they are given intensive training. Towards the end of their probation/training period, they are subjected to a screening process.

Under the screening process, the candidates are evaluated again, and the ones getting the predetermined merit are given a permanent placement in the next higher grade, that is Officer Middle Management Grade Scale II. Others who qualify the test but fail to achieve the standards set for the Middle Management Grade Scale II are confirmed as Officer Junior Management Grade Scale I. The service of those officers who fail to qualify in this process is terminated.

BANKPOCLERK.COM would soon come up with more details and analysis of the SBI PO notification. In the meanwhile, we wish the candidates,  ALL THE BEST!!

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