What next if I cleared IBPS exam but not selected by any Bank?

As aspiring candidates are undergoing their prelims examination for IBPS CWE PO/MT-V this year, there is a growing concern among them that what would happen if they clear the examination but are not picked up by any bank. The recruitment process for IBPS has turned into threefold: prelims written examination, mains written examination and personal interview round. Candidates need to score the minimum cutoff marks in the prelims round to qualify for the mains written examination. Those candidates who can score the required cut off marks in the Mains examination would then get an opportunity to face the personal interview round conducted by various participatory banks under IBPS, calling candidates depending upon their vacancies in the banks.

Process for Interview: 

Candidates who have been shortlisted in the main examination for CWE PO/MT-V will subsequently be called for an Interview to be conducted by the Participating Organisations and coordinated by the Nodal Bank in each State/ UT with the help of IBPS. Interviews will be conducted at select centres. The centre, address of the venue, time & date of Interview will be informed to the shortlisted candidates in the call letter. The total marks allotted for Interview are 100. The minimum qualifying marks in interview will not be less than 40% (35% for SC/ST/OBC/PWD candidates). The weightage (ratio) of CWE (Main exam) and interview will be 80:20 respectively. The combined final score of candidates shall be arrived at on the basis of scores obtained by the candidates in the Main Examination of CWE PO/MT-V and Interview. Interview score of the candidates failing to secure minimum qualifying marks or otherwise barred from the interview or further process shall not be disclosed. A candidate should qualify both in the CWE and interview and be sufficiently high in the merit to be shortlisted for subsequent provisional allotment process, details of which will be made available subsequently on IBPS website.

Process for final selection :On completion of the interview process, depending on the vacancies to be filled in the financial year based on the business needs of the Participating Organisations and as reported to IBPS, candidates shortlisted will be provisionally allotted to one of the Participating Organisations, based on merit-cum-preference keeping in view the spirit of Govt. Guidelines on reservation policy, various guidelines issued by Govt. of India/Others from time to time, administrative exigency, etc. 

If the candidates do not get final selection, they should not lose hope and try to further strengthen their skills of personal interview to come back next year with same vigor and energy to crack the opportunity. They should work on their level of confidence and prepare themselves mentally for the interview round for the next year when the recruitment would be made one again by the recruiting body.

How many years does the IBPS score remain valid? 

IBPS scores remains valid for the period of one year.