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Probationary officer is an entry level position for management in banks. Banks recruit POs in Junior Management Grade Scale-I. Indian Bank is one of the top public sector banks in the country. Every year, for the past few years, Indian Bank has been initiating a separate process to fill some of its PO vacancies. The process requires the selected candidate to go through a Post Graduate Diploma in Banking & Finance (PGDBF) of 1 year before being inducted in the bank.

About the program:

Duration- 1 year Institute and fees – For the 2018 vacancies, the program was conducted by Indian Bank Manipal School of Banking (IBMSB) and the charges were Rs. 3,50,000 plus taxes (all inclusive of boarding, lodging and course fees, other fees, etc.)
Course curriculum- The course covers the basics and applications of Management, Finance and Banking.


Presently, the starting basic pay is Rs.23,700 in the scale of 23700-980/7-30560-1145/2-32850-1310/7-42020 applicable to Junior Management Grade Scale-I. The official will also be eligible for D.A, H.R.A/ Lease rental, C.C.A, Medical and other allowances and perquisites as per rules in force from time to time. The total compensation per annum on CTC basis can be a minimum of Rs. 8 lakhs and maximum of Rs. 11 lakhs depending on place of posting and other factors.

To know how a PGDBF program fares alongside direct PO recruitment you can go through the video below. The video evaluates the various aspects of Canara Bank PGDBF program. This will be useful as the Indian Bank program is similar to the Canara Bank PGDBF program.

Canara Bank PO-PGDBF Program Analysis Video


The total vacancies in Indian Bank PO-PGDBF 2018 were 417. Out of these 417 vacancies, 212 vacancies were for General candidates and rest were divided according to government reservation norms.

Exam date and registration:

In 2018, the registration started in the month of August and the exams were scheduled between October-November. No official notification has been released after 2018.

Essential academic qualifications:

Graduation in any discipline from a recognized university or any equivalent qualification recognized as such by the Central Government.

Age and number of attempts:

General candidates should not be - below 20 years and above 30 years. There are provisions for category based age relaxation according to existing government norms. There is no limit to the number of attempts specified.

Any eligible candidate, who aspires to join Indian Bank as a Probationary Officer through this program, is required to register online for the recruitment process. In 2018, the application fee for general candidates was Rs. 600 and for reserved category candidates was Rs. 100. To know about the procedure in detail you can click on the link below.

To know about the procedure in detail you can click on the link given below.

Indian Bank PGDBF Official Notification 2018-19

The examination is held in three phases. The candidates who are shortlisted after Preliminary examination will have to appear for Main examination. The candidates shortlisted after the Main examination will be subsequently called for Interviews.

Phase-I: Preliminary examination:

Preliminary Examination consisting of Objective Test for 100 marks is conducted. The test contains 3 sections with a composite time of 1 hour (i.e. no sectional time limit). Mode of Exam is online. The questions are in English and Hindi both (except English Language Section). There is negative marking for wrong answers (1/4th of total marks allotted for that question).

Preliminary exam pattern (2018)

Section No. of questions Maximum Mark
English Language 30 30
Quantitative Aptitude 35 35
Reasoning Ability 35 35
Total 100 100

Category wise merit list is drawn on the basis of aggregate marks scored in this exam.

Phase – II: Main examination:

Main Examination consists of Objective tests for 200 marks and Descriptive test for 25 marks. Both the Objective and Descriptive tests are online. The questions in Objective test are in English and Hindi both (except English Language). In 2018 exam the sections had differential marking (i.e. some questions were of 1 mark and some questions of more than 1 mark). There is negative marking for wrong answers in the Objective test (1/4th of total marks allotted for that question). Candidates need to answer Descriptive test by typing on the computer. Descriptive test is administered immediately after completion of the Objective test.

(i) Objective test:

The objective test of 3 hours duration consists of 4 Sections for total 200 marks. The objective test has separate timing for every section.

Objective exam pattern (2018)

Section No. of questions Maximum Mark Duration
Reasoning and Computer Aptitude 45 60 60 mins
General/ Economy/ Banking Awareness 40 40 35 mins
English Language 35 40 40 mins
Data Analysis and Interpretation 35 60 45 mins
Total 155 200 3 hours

(ii) Descriptive test:The Descriptive test of 30 minutes duration with two questions for 25 marks is a test of English language (Letter writing and essay).

Category wise merit list is drawn on the basis of aggregate marks scored in Main examination and candidates are shortlisted for the next round (Interview).

Phase – III: Interview

Interviews are conducted for individual candidates. A panel of 4-5 evaluators interviews a candidate to evaluate her/his personality, skills, and suitability for the job and organisation. The whole process takes around 3-5 hours depending upon the number of candidates and the panel. The total marks allotted for Interview are 100. The minimum qualifying marks in interview is 40% for General and 35% for SC/ST/OBC/PWD candidates.

Final selection

The marks obtained in the Preliminary examination (Phase-I) are not added for preparing the final merit list for selection. Only the marks obtained in Main examination (Phase-II), both in Objective test and Descriptive test, are added to the marks obtained in Interview (Phase-III) for preparing the final merit list. The candidates need to qualify both in Phase-II and Phase-III separately. The weightage (ratio) of the Main examination and Interview is 80:20 respectively.

Candidates should realise that to perform in competitive exams such as Indian Bank PGDBF, they should be good at both concepts and application. Rather than going through concepts from various sources, one should concentrate on a single resource for conceptual clarity. Once concepts are clear, practicing regularly is key to performing well in competitive exams like these. We have provided playlists of important concept lectures below. Candidates can take help of these lectures from Meritshine to strengthen their fundamentals for this exam.

Our Free Resources (click on the links below for accessing the relevant content)

Lectures for Objective Paper (Prelims and Mains)

Lectures for Descriptive Paper (Mains)

Lectures for Interviews

Our Paid Programs

While we do not conduct a separate program for Indian bank PGDBF, our other paid courses such as IBPS PO and SBI PO are designed on similar lines and we recommend them to the aspirants for all such exams. Look out and register for these programs for a more intensive preparation.

The cut-offs of 2018 exam have been given in the table below. The cut-off marks are the marks scored by the last candidate selected in each category. Currently the table has only Prelims and Mains cut-off (as declared by Indian Bank). The Final cutoff will be updated once they are declared. The cut-off marks differ every year according to the competition and the paper’s difficulty level. One year's cut-off is in no way predictive of subsequent years' cut-offs.

Indian Bank (through PGDBF) 2018 Cut-off

Stage of Examination General OBC SC ST
Prelims (Out of 100) 68.75 67.25 60.25 52.00
Mains (Scaled to 100) 130.50 112 90.88 83.13

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