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How to Prepare for Banking Exam in 2024: Step-by-Step Guide

Table of Contents

To answer one of the most asked “How to prepare for a banking exam in India, let’s dive deep into the details. By the end of the article, you will have a better understanding of the upcoming banking exams preparation guide.

If you have recently completed your banking course, you are on the right path. Because you are looking for an opportunity in a banking career, you must know where to start.

Banking Preparation Tips

Here are some simple banking preparation tips:

Understand the Exam Pattern and Syllabus
Create a Plan for study
Time Management
Examine Strengthen & Weaknesses
Revision
Stay Updated with Trends & current affairs 
Improve Accuracy and speed 

How to Prepare for Banking Exam in 2024

banking is one of India’s largest recruiters, offering not only lucrative packages but also a secure and comfortable tenure. Every year, IBPS holds a common written examination to recruit candidates for a variety of positions. On the other hand, the SBI and the Reserve Bank of India selection boards hold regular examinations for various positions. Many private sector banks hold exams based on the IBPS score as well.

What are bank recruitment exams in 2024?

Every year, agencies such as SBI, RBI, IBPS, LIC, and PSBs hold bank exams to fill vacancies in public sector banks for Clerks, PO/MT, SO, RRB PO/Clerk. Look at this:

  • State Bank of India organizes the SBI Clerk, SBI PO, and SBI SO exams (SBI).
  • The Institute of Banking Personnel Selection (IBPS) administers the IBPS PO, IBPS Clerk, IBPS RRB, and IBPS SO exams (IBPS).
  • Reserve Bank of India holds RBI Grade B and RBI Assistant Recruitment exams.
  • Life Insurance Corporation of India holds recruitment exams for LIC AAO, LIC ADO, and LIC Assistant (LIC).

However, several other banks have their procedure to fill the gap. Here’s the list of almost all banks in India.

SBI Clerk/IBPS PO/IBPS Clerk/IBPS RRB/RBI/LIC: Selection Process

As you begin to understand your question of how to prepare for the banking exam, you will have to know that there are three stages to make a career in banking. It’s necessary to understand all of these three stages.

In all the bank recruitment exams, the selection process involves either a two-phased or three-phased process involving:

  • Prelims exam
  • Mains exam
  • Group Discussion/Interview

Educational Qualification for Bank Exams 2024

The candidate must have a graduation degree from a recognized state or central university, the ability to read, write, and speak English, and operating and working knowledge of computer systems.

Pattern of Examination

Before beginning preparation for various banking exams, candidates should familiarize themselves with various banking exam patterns and syllabi. Exams are typically divided into three stages: preliminary, mains, and interview.

The Preliminary and main exams are essentially computer-based tests with multiple-choice questions. For clerical positions, the interview phase is not applicable.

As a reader, you may have a lot of other doubts storming in your brain. Do not worry, let’s see if we can answer them and help you with how to prepare for the banking exam. The table below will tell you about the prelims and mains exam pattern. Not it down…

Must Read: Easiest Government Exams In India

Prelims Exam Pattern for SBI/IBPS/RBI

ContentsPrelims Exam Pattern SBI PO/Clerk, IBPS PO/Clerk, RBI AssistantIBPS RRB Prelims Exam Pattern
Office Assistant/Officer Scale I, II, III
Mode of ExamOnlineOnline
FormatMultiple Choice QuestionsMultiple Choice Questions
LanguageBilingual- Hindi & EnglishBilingual- Hindi & English
No. of Questions10080
Total Marks10080
Duration60 Minutes (Sectional/Overall)45 Minutes (Overall)
SubjectsEnglish Language
Numerical Ability/Quantitative Aptitude
Reasoning Ability
Numerical Ability
Reasoning Ability
Negative Marking1/4th Marks1/4th Marks

Must Read: Bank Course With Certification & Placement

Mains Exam Pattern: SBI/IBPS/RBI

ContentsMains Exam Pattern
SBI Clerk, IBPS Clerk, RBI Assistant
IBPS RRB Mains Exam Pattern
Mode of ExamOnlineOnline
FormatMultiple Choice QuestionsMultiple Choice Questions
LanguageBilingual- Hindi & EnglishBilingual- Hindi & English
Total Questions 190/200200
Maximum Marks200200
Time Duration2 Hours 40 Minutes (Approx.)2 Hours
SubjectsGeneral/Financial Awareness
General English
Quantitative Aptitude
Reasoning Ability & Computer Aptitude
General Awareness
English/Hindi Language
Numerical Ability
Reasoning Ability
Computer Knowledge
Negative Marking1/4th Marks 1/4th Marks

After clearing the Preliminary exam the candidates need to appear for the main examination. The main examination consists of 4 sections which are mentioned below:

  • Reasoning Ability and Computer Aptitude
  • Quantitative Aptitude
  • English Language
  • General Awareness

In addition to the computer-based tests, the candidates should appear for a descriptive paper that contains Essay and Letter Writing in English.

List of Careers in Banking With Expected Salary:

Banking offers many rewarding and lucrative career opportunities, be it the public sector or the private sector. Let’s look at the top 10 most trending jobs and careers in banking:

Must Read: Bank Course with Placement Assistance by the institute of professional banking (IPB India)

Career in Banking Salary
Bank Manager 7 Lakhs p.a.
Financial Accountant 4 Lakhs p.a.
Financial Risk Manager 11 Lakhs p.a.
Certified Public Accountant (CPA) 7 Lakhs p.a.
Investment Banker 10 Lakhs p.a.
Equity Analyst 4 Lakhs p.a.

Apart from these, some of the most popular careers in Banking are:

  • Asset Manager
  • Financial Risk Manager
  • Business Analyst
  • Internal Auditor
  • Foreign Exchange Trader
  • Credit Analyst
  • Loan Officer
  • Bank Teller
  • Financial Manager
  • Financial Service Representatives
  • Book-Keeper
  • Audit Clerks

The following skills will help you to build a career in the banking sector:

  • Customer dealing
  • Customer satisfaction
  • Analytical skills
  • Good knowledge of numbers and accounts
  • Mental maths
  • Communication skills
  • Patience
  • Attention to minute details
  • Confidence
  • Critical thinking
  • Technical skills
  • Stress management
  • Resilience

Some important pointers for how to prepare for banking exam

  • Examine the syllabus thoroughly. Make an effort to learn as many concepts as possible.
  • Remember that planning ahead of time is critical. Create a daily routine that allows for time for each area.
  • Solve previous year’s exam papers.
  • In banking exams, the reasoning section is the most important. Make it a daily habit to practice 4-5 sets of question papers.
  • Rather than simply memorizing, try to understand the subjects. However, you must memorize some information-oriented topics.
  • Quantitative aptitude is made up of questions from the XII standard. Short-cut methods are critical for achieving high scores in a short amount of time.
  • Improve your vocabulary to score well in the English section. Make it a habit to read the National on a daily basis. Make a list of unfamiliar words and look up their definitions in a dictionary. Make a plan to review old vocabulary every day.
  • Understand what is going on in and outside of India in terms of economics, financial rules, social development, banking rules, sports news, and other important news.
  • Basic computer knowledge, including the names of various software and hardware, is required. Knowledge of shortcut operational keys and Microsoft Office will assist you in achieving a high exam score.
  • Pay special attention to your weak points.
  • Mock tests are essential for effective time management in the examination hall.
  • Don’t try to learn new things right before an exam. Concentrate solely on what you have already learned.
  • Make a habit of writing long answers to descriptive questions in the Mains exam, keeping in mind the exam’s time constraints.
  • To face the interview, you must be confident and well-prepared in all of the above-mentioned areas.
  • Finally, a positive and optimistic attitude, combined with hard work, dedication, and determination, will bring you one step closer to success.

FAQs

Q: What are the Ibps banking exam 2024 dates?

Ans: The IBPS PO prelims exam will be conducted in September 2024. The mains exam of IBPS PO will be conducted on November 5, 2024.

Q: Where to get ibps calendar 2024-25?

Ans: ibps calendar 2024-25 is available at official?

Q: Why choose the IPB banking course?

Ans: India’s One of the Most Trusted Professional Banking Institute

Q: What is the banking exams 2024 syllabus?

Ans: The answer of this question, you need to choose the bank exam, and then get the banking exams 2024 syllabus from the official notification.

Conclusion: We hope, you have the answer and are able to decide. If it is still unclear to you and the article “how to prepare for banking exam” is not helping you to calm your information appetite. Feel free to let us know, we would be glad to take your suggestions seriously and improve the information quality.

FAQs at Bank Exam Preparation

How to start Bank exam preparation?

Firstly identify the bank exam you want to prepare for, then check all the details about the exam like the syllabus, important dates, minimum hours to study, etc.

How to crack the bank exam in 2024?

There is no instant formula to crack the bank exam, you have to work hard.

How to start banking preparation from zero level?

Understand the exam pattern & syllabus
Right Study Material
Make study plan
Seek guidance
Appear in Exam

Can I clear the bank without maths?

Quantitative aptitude plays an important role in the bank exams as an individual section.

How can I prepare for the bank exam at home?

Read the above article to know more about how to prepare for the bank exam at home.

How to make a self-study timetable for bank exam preparation?

You can make a timetable according to the syllabus and your weak subjects. Give preferences to weak subjects and also do not forget to take care of health.

What is the banking exam process?

Only eligible applicants can appear in the banking exam.

Analyze the syllabus
Start preparation
Make a study plan
Appear in exam
Check your strenght and weakness

Where can I get the banking syllabus?

Once the candidate identifies the exam wants to prepare, then check the syllabus, exam pattern, & most importantly eligibility requirements. This information is available on the official website, check and confirm all these details.

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