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IPPB 2021 Exam- Dates, Eligibility, Salary, Exam Pattern

Updated On -

Mar 19, 2021

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Abanti

Exams Prepmaster

IPPB or India Post Payments Bank is an undertaking of the Department of Posts, Govt. of India. The recruitment notice for 2021 will be released in the upcoming months by India Post Payments Bank. Recruitment for posts like Managers, Assistants and Territory officers is done as per requirement through this exam.

Candidates willing to register for IPPB 2021 can visit the official website i.e. indiapost.gov.in and look for the news of the respective posts. Post-registration, eligible candidates will appear for an interview, written test or group discussion, as per IPPB Selection Process. In 2021, nearly 3600 candidates will be recruited through IPPB 2020. To strengthen your preparation, you can also check out the IPPB practice papers here.

IPPB Highlights

IPPB 2021 Exam Highlights

The last recruitment notice by IPPB was published in 2019. The following are tentative dates for the IPPB 2021 exam-

Events Dates (Tentative)
Online Registration Begins May 2021
Online Registration ends End of May 2021
Application fees payment ends End of May 2021
Application Fees INR 750
IPPB Prelims exam June 2021
IPPB Mains Exam August 2021
IPPB Job Profile

IPPB 2021 Job Profiles and Requirements

Recruitment for several posts is conducted through the exam and hence required qualification is varied. Below are the list of the posts, their eligibility criteria, and the number of vacancies available as per the last notification released:

Post Vacancies Eligibility Remuneration
Chief Technology Officer 1 B.Tech or equivalent from a recognized university. The candidates must possess the required educational qualification as on September 1, 2019. As per company’s policy
Scale I Officers 671 Graduates from University recognized by govt. of India. Candidates who fulfil the minimum education qualification and with postal services or sales of financial products/ rural banking/ with experience as Business Correspondent for banks are also eligible. INR 23,700 – INR 42,020
Chief Executive Officer & Managing Director 1 Candidate must be a graduate from a recognized university. Candidates having MBA degree or CAIIB certificate(Certified Associate of the Indian Institute of Bankers ) are preferred. As per company’s policy
Scale II-III Officers 1077 Candidate must be a graduate from a recognized university. Candidates having an MBA or B.Tech. degree are preferred. INR 31,705 – INR 45,950
Corporate Roles 24 Minimum work of experience in operation/ finance/ banking/ marketing as requisites of IPPB 2021. It offers remuneration as per the company’s policy. As per company’s policy
Scale IV-VI Officers 12 Candidates must be a graduate from a recognised university within minimum work experience. INR 50,030- INR 59,170
Scale VII Officers 5 Candidate must be a graduate from a recognised university and having MBA degree or C.A is preferred. Minimum work experience as requisite of post. INR 76,520- INR 85,000

Allowances & Benefits

  • Approximate monthly CTC is calculated at the start of the scale.
  • It is inclusive of Dearness Allowance, City Compensatory Allowance & other allowances at “A” Category cities. Also, the leave and travel allowance will be as per Service Rules of IPPB Recruitment applicable at the time of appointment.
  • In addition to the above, the Officer would be entitled to a Performance Pay as per criteria defined by the IPPB from time to time. The Officers are also entitled to retirement and terminal benefits as per the policy defined by the IPPB.
IPPB Applications

IPPB 2021 Application Process

Candidates willing to apply for IPPB 2021 can apply for any one post only. There is no provision to apply offline. Each post will have a different application fee. Here’s how you can register for IPPB 2021 online:

  1. Visit the official website of IPPB 2021 i.e. indiapost.gov.in
  2. Click the option “CLICK HERE TO APPLY FOR IPPB 2021 SCALE VII POSTS” to open the online Application Form
  3. Enter basic information in the online application form
  4. Note down the provisional registration number and password that will be generated by the system and displayed on the screen. An Email & SMS indicating the Provisional Registration Number and Password will also be sent.
  5. Upload photograph and signature as per the specifications
  6. Carefully fill the online application themselves as no change in any of the data filled in the online application will be possible / entertained
  7. Prior to submission of online application, candidates are advised to use the “SAVE AND NEXT” facility to verify the details in the online application form and modify the same, if required. Visually Impaired candidates are responsible for carefully verifying the details filled in the online application form and ensuring that the same are correct prior to submission, as no change is possible after submission.
  8. Ensure your eligibility before paying the fees/applying online.
  9. Application once made will not be allowed to be withdrawn and fee once paid will NOT be refunded under any circumstances nor can it be held in reserve for any other future selection process

Important Guidelines for Registration

Candidates must follow the below guidelines while registering themselves for IPPB 2021.

  • After completing the procedure of applying on-line, the candidate should take a printout of the system generated on-line application form, ensure the particulars filled in are accurate and retain it along with the Registration Number and Password for future reference. THEY SHOULD NOT SEND THIS PRINTOUT TO IPPB 2021.
  • Please note that all the particulars mentioned in the online application will be considered as final and no change/modifications will be allowed after submission of the online application form.
  • An email / SMS intimation with the Registration Number and Password generated on successful registration of the application will be sent to the candidate’s email ID / Mobile Number specified in the online application form as a system-generated acknowledgment.
  • An online application which is incomplete in any respect such as without a photograph and signature uploaded in the online application form / unsuccessful fee payment will not be considered valid.
  • Bank does not assume any responsibility for the candidates not being able to submit their applications within the last date on account of the aforesaid reasons or for any other reason beyond the control of IPPB 2021.
  • IPPB 2021 does not assume any responsibility for the candidates not being able to submit their applications within the last date on account of aforesaid reasons or for any other reason beyond the control of IPPB 2021.
  • Not more than one application should be submitted by a candidate. In case of multiple applications, only the last valid (completed) application will be retained and the application fee/intimation charges paid for the other registrations will stand forfeited. Multiple attendance/ appearance by a candidate in examination and/or interview will be summarily rejected/ candidature cancelled.
  • Candidates serving in Govt./Quasi Govt. offices, Public Sector undertakings including Nationalized Banks and Financial Institutions are advised to submit 'No Objection Certificate' from their employer at the time of the interview, failing which their candidature may not be considered and travelling expenses, if any, otherwise admissible, will not be paid.
  • In case of selection, candidates will be required to produce a proper discharge certificate from the employer at the time of taking up the appointment. Candidates are advised to keep their e-mail ID alive for receiving advice, viz. call letters/ interview advice etc.
  • The appointment of selected candidates is subject to his /her being declared medically fit as per the requirement of IPPB 2021.

Get some useful IPPB Preparation tips that will help you ace the exam, here.

IPPB Application Fee

Although the actual application fee may vary according to the post, the standard fee for SC/ST/PWD (Only Intimation charges) is INR 150.00 (Rupees One Hundred and Fifty Only). For all others, it is INR 750.00 (Rupees Seven Hundred Only).

IPPB 2021 Guidelines for Application Fee Payment

Candidates must follow the below guidelines while they are paying the IPPB 2021 Online application fee:

  1. Candidates have to make the payment of requisite fees/ intimation charges through Online Mode only.
  2. Candidates should carefully fill the details in the Online Application at the appropriate places very carefully and click on the “FINAL SUBMIT” button at the end of the Online Application format. Before pressing the “FINAL SUBMIT” button, candidates are advised to verify every field filled in the application. The name of the candidate and his /her father/husband etc. should be spelled correctly in the application as it appears in the certificates/mark sheets. Any change/alteration found may disqualify the candidature.

iii. In case the candidate is unable to fill the application form in one go, he/ she can save the data already entered.

  1. Once the application is filled in completely, candidates should submit the final data.
  2. The application form is integrated with the online payment gateway through debit/ credit card.
  3. After submitting your payment information in the online application form, please wait for the intimation from the server, DO NOT press the back or refresh button in order to avoid double charge.

vii. For Credit Card users: All charges are listed in Indian Rupee. If you use a non-Indian credit card, your bank will convert to your local currency based on prevailing exchange rates. 

Check the IPPB Salary and benefits here.

IPPB Exam Pattern

IPPB 2021 Exam Pattern

  • IPPB conducts a written examination that consists of two papers. i.e. Prelims & Mains.
  • Both the papers are of objective type i.e. questions in the paper are of MCQ (Multiple Choice Questions) format.
  • IPPB has the condition of negative marking, each question will carry 1 mark and 1/4th marks will be deducted for wrong answers.
  • The Prelims comprises of English language, Quantitative Aptitude, and Reasoning ability sections. This paper consists of 100 questions and the duration to solve the paper is 60 minutes.
  • Candidates will have to qualify prelims exam to sit for IPPB 2021 Mains.
  • IPPB Mains comprises of following sections - English language, Quantitative aptitude, Computer knowledge, General Awareness and Reasoning ability. IPPB 2021 mains exam consists of 200 questions and the duration of the exam is 140 minutes.

Here are the IPPB Exam Pattern Highlights for your reference:

Paper Mode of Exam No. of Questions Medium of Exam Exam Duration
IPPB Prelims Online 100 questions English/ Hindi 60 minutes
IPPB Mains Online 200 questions English/ Hindi 140 minutes
IPPB Cutoff

IPPB 2021 Cut off

Candidates who have secured the cutoff marks in IPPB Prelims will qualify for the Mains exam. Your choice of selecting the questions in the Prelims Phase is a major deciding factor whether you will be in or out for the Mains Paper.

Here is the expected IPPB Cut off for Prelims and Mains exam from the previous years:

IPPB 2019 Cut off (Prelims)

Section No. of Qs Max. Marks Expected Cut Off
English Language 30 30 7 – 8
Quantitative Aptitude 35 35 8 – 10
Reasoning Ability 35 35 9 – 12
TOTAL 100 100 50 – 55

IPPB 2019 Cut off (Mains)

Section Max. Marks Duration Expected Cut Off
Reasoning Ability 50 40 mins 10-12
English Language 40 30 mins 9-11
Computer Knowledge 20 10 mins 10-13
General Awareness (with special reference to Banking) 40 20 mins 12-14
Quantitative Aptitude 50 40 mins 12-15
TOTAL 200 140 mins 95-110
IPPB Selection Process

Attempting a number of Practice papers, can help you improve the overall cut-off you secure with time.

IPPB Selection Process

  • Selection to various posts in IPPB will be made on the basis of an interview round.
  • The total marks allotted for the 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 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 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.
  • IPPB also reserves the right to conduct Assessment, Group Discussion or Online Test in addition to interview. Merely satisfying the eligibility norms do not entitle a candidate to be called for an Interview/Group Discussion or Online Test.
  • IPPB has the power to call only the requisite number of candidates for the Assessment/ Interview/ Group Discussion or Online Test after preliminary screening/ shortlisting with reference to candidates’ qualification, experience, profile vis-a-vis job requirements, etc.
  • Results of the candidates who have qualified for various stages of the recruitment process and the list of candidates finally selected will be made available on the website.
  • The final select list will also be published online, describing the names of all selected candidates.

To know how to check and download the IPPB Scorecard and result, Click here.

IPPB FAQs

IPPB 2021 FAQs

Ques. Is IPPB a public sector or private sector bank?

Ans. IPPB is totally owned by govt. of India through the department of posts. Thus, it comes under the category of public sector banks.

Ques. What are the age limit for Scale II and Scale III officers post?

Ans. The IPPB 2021 age limit for scale II & scale III officers post are following:

The age limit for scale II officers post should be in between 26 years and 35 years and for scale III officer post is between 23 years and 35 years. Candidates should be born not before 02.09.1986 and not later than 01.09.1996 to meet the age requirement for both positions.

Ques. I will turn 20 years in the month of January 2018. Am I eligible to apply for Assistant Manager (Scale I) Post?

Ans. Candidates should be born on September 02, 1986 to September 01, 1996 are eligible for scale I officer post.

Ques. Is there any age relaxation policy for SC/ ST/ OBC category?

Ans. There is age relaxation for the reserved category as mentioned below in the table:

SC/ ST 5 years
OBC 3 years
Physically handicapped (PH) 10 years
PH + OBC 13 years
PH + SC/ST 15 years

Ques. My final Semester/ year will be completed in the year of 2018. Am I eligible for any of the posts of IPPB 2021 Recruitment Exam?

Ans. No, candidates who are waiting for their results are not eligible. Only those candidates who have completed their qualifications by September 01, 2016. Are eligible for IPPB 2021 exam.

Ques. Is there any experience requirement for scale I officer post?

Ans. No, there is not any work experience required for scale I officer post. Freshers can also apply for this post.

Ques. How much work experience is required for Scale II & III officers’ post?

Ans. The work experience required for these posts are following:

  • Manager (Scale II) – Minimum three years of work experience as an assistant manager in any private bank or public sector.
  • Assistant Manager (Scale III) - Minimum six years of work experience as manager in any private bank or public sector or similar level in any other organisations.

Ques. What is the basic salary of Officers in IPPB 2021?

Ans. The basic salary for the various post are different. The basic pay for each of the posts of IPPB 2021 is mentioned below:

  • IPPB 2021 scale I Officer – Rs. 23,700 to 42,020
  • IPPB 2021 scale II Officer – Rs. 31, 705 to 45,950
  • IPPB 2021 scale III Officer – Rs. 42,020 to 51,490

In addition to basic pay, dearness allowances, city compensatory allowances & other allowances at ‘A’ category cities will be reimbursed.

Ques. Do I need to sign any service bond in IPPB 2021?

Ans. No, there is not any service bond or agreement for the posts of IPPB 2021.

Ques. How many years do I need to serve for probation?

Ans. The Probationary Officers will be on probation of two years. During this period, they will be given intensive training. Towards the end of your probation period, you will be subjected to a screening process for confirmation.

3 Months Crash Course

*The article might have information for the previous academic years, please refer the official website of the exam.

Comments


31 Comments
N
nafisa khatoon
What will be the mode of exam?
K
kavita rani

Exam will be taken online only.
Detailed information is mentioned here.
 

A
arushi thankur
Can I request for change in exam centre?
K
kavita rani

Hi Arushi. Candidates are suggested to choose a centre while applying for the IPPB online application form. IPPB owns its own discretions to add /delete/modify the centre subject to availability of the candidates. Request for change of IPPB exam centres will not be considered. Detailed information is mentioned here.
 

F
fauzia shahid
I have made payment more than once for the same application form. The amount has been deducted from my account. What to do?
K
kavita rani

Hi Fauzia. You need to share your registration number and Bank Payment Proof including Transaction number for verification of the payment with the exam conducting authorities.

K
kashish tomar
How can I download the call letter for examination?
K
kavita rani

Hi Kashish. The call letter for the examination can be downloaded from the official website of IPPB. Further details are presented here.
 

B
bhagyashri kene
I have applied for more than one post but the call letter is generated for one post?
K
kavita rani

Hi Bhagyashri. In case of multiple applications, only the latest application, the application which was submitted last, gets considered.
Further details are presented here.
 

A
arushi thankur
When are the cut off marks released?
K
kavita rani

Hi Arushi. IBPS PO Cutoff 2020 for prelims was released on November 8, 2020. Only candidates who cleared the cutoff of one phase will become eligible for the next phase of the IBPS PO Selection Process. IBPS’s separate cutoffs for different categories are presented here.
 

P
pavithra
Registration link or notification for ippb is still not out..
S
surendra

HI Pavithra

You can find all the details about the IPPB on our website of IPPB Exam. Check out the link to find about the exam details and how you can apply for it.

B
bhagyashree pandurang kale
HOW TO APPLY
S
surendra

Hi Bhagyashree

You can visit on our official website of IPPB Registration to check how you can apply for the exam. You need to go the the official website of the exam to and you need documents to apply for the exam.

A
arushi thankur
What is the salary of IPPB Assistant Manager?
K
kavita rani

Hi Arushi. The salary package for IPPB 2020 scale I Officer varies from INR 23,700 to 42,020. The basic pay for each of the posts of IPPB 2020 is mentioned here.
 

A
arushi thankur
What is the age limit for IPPB Recruitment Exam?
K
kavita rani

Hi Arushi. As per the official notification, the age limit for IPPB Recruitment Exam is 20-40 years. You can check the age relaxation for reserved category by clicking on the link here.
 

S
sameer
Can I edit the details in IPPB application form 2020?
K
kavita rani

Hi Sameer. No, the details entered in the application form cannot be edited post submitting the same.

S
sameer
Could the alloted examination centre be changed?
K
kavita rani

Hi Sameer. Candidates must select the appropriate IPPB exam centres while filling the application form. It must be kept in mind that exam centres once selected by candidates cannot be changed under any circumstances. Candidates are supposed to appear for IPPB exam at the centres allotted by the examination authority.

V
vishal sharma
What will be the role and relationship of DoP with the proposed payments bank?
K
kavita rani

HI Vishal. The payments bank will be a 100% subsidiary of the DoP and will work as an independent board of directors. It will have representation from the Department and other stakeholders within the Government department so that overall objectives of the DoP and the Government of India can be obtained. Role and responsibilities include designing products and services, defining technology and service delivery platforms Train and handhold village Postal staff, marketing and third party tie-ups, etc.

P
prahasti
Is there any provision to review the interview marks?
K
kavita rani

Hi Prahasti. No, there is no provision to review the marks of interview.

P
prahasti
Will the marks of interview considered for final selection?
K
kavita rani

Hi Prahasti. For the final Selection for the post of IPPB Assistant Manager (Scale I Officer), the marks of both IPPB Main Exam and Interview round will be noted. The weightage of the Main exam and interview will be 80:20 respectively.

A
avinash sahu
Can I get access to my answer sheet?
K
kavita rani

Hi Avinash. The test is held online. The answer sheets are released later by the concerned authorities.

A
avinash sahu
What is the scope and activities of the Payments Bank?
K
kavita rani

HI Avinash. The objectives of setting up of payment banks is to further financial inclusion by offering small savings accounts and payments/remittance services to migrant labour workforce, low income households, small businesses, etc.

S
sunny pandey
Is the scores calculated through normalisation process?
K
kavita rani

Hi Sunny. Yes, the scores are calculated based on the normalisation process as this test has several sessions.

S
sheetal chib
Can we request for change in the examination center?
K
kavita rani

Hi Sheetal. Candidates are supposed to choose a centre while filling IPPB online application form. IPPB reserves its own discretions to add /delete/modify the centre subject to availability of the candidates. Any request done on candidates’ behalf will not be accepted.

D
divakar sharma
When will the results be available on the selection process?
K
kavita rani

Hi Divakar. THe results will be made available within due course of time. Candidates are suggested to refer to the official website to get updates on the latest notifications.