No matter how much scores you have scored in IBPS online
exams, qualifying in the Interviews is very much necessary.The IBPS PO
interviews are currently underway and to be appointed as an officer in
public sector banks, this will be the final step. Preparing with bank PO interview questions & answers in
advance can help you in framing your responses accordingly.
It is expected that nearly 45,000
– 50,000 candidates could be competing for PO jobs that are to be filled through this IBPS
PO
So you need to secure
really good marks in the common interviews so that your combined score ranks at
the top of the final merit list.
Based on previous year’s
experiences, here are some of the frequently asked bank
interview questions & sample answers
Q: Introduce yourself / tell me about yourself
A: There is
greater chance that your first questions is tell me about yourself or introduce
yourself. They want to know about your background and other details with this
question. Many interviewers use answer of this question to ask second question.
- You must include below details in order to come up with a proper answer
- Personal information: It shall include your name, parent’s designation.
- Education: Mention the degree you completed, college name & city.
- Work Experience (for experienced)
- Any additional qualifications or achievements
- Your hobby, if any
- It is enough to summarize what you have given in your resume. Make sure to answer this question in short. Also check out How to answer tell me about yourself
Q: Why you want to enter Banking Sector after IT OR Why Bank Jobs?
A: Banking is one
of the fastest growing sectors in India providing a wide range of career opportunities
to graduates like me.
Since banks are
now moving closer to customers, i feel it would give me job satisfaction by
helping public. Also these govt
banks offer job security which is hard to find
in other sectors.
Q: Will you leave this job if you get a better opportunity with other private bank or other organization?
A: This
question could be asked in case you have high educational qualifications like M.Tech,
MCA, MBA etc., or if your scores in BE/ Btech is high.
I am looking for a
stable career. So I won’t leave my present job in lieu of small monetary
benefits as I am looking for job stability. When i have good career growth
prospects in this industry, it isn’t necessary to quit.
Q: How you BE/ B.Tech / MBA / MCA/ B.Pharm / ME/ M.Tech is going to help the bank?
A: As
more candidates with professional degrees are appearing for bank interviews,
this has become a common interview question.
There must be
a reason for all of you to apply for bank jobs. We suggest you to tell that
real reason as the panel very well know about the dearth of jobs for engg. Graduates.
So answers like, “Bank job has been my childhood dream OR To become a bank officer is my
ambition” are laughable. Avoid them.
- You may tell something like these:
- I have good technical knowledge so it will be easy for me to approach clients in those sectors.
- Being from a professional college, i have good exposure of working in teams which is necessary in a bank environment.
- My communication skills are quite good & i am confident of providing good customer services.
- How you relate your field of study with banking job is the key to answer this question. So it is upto you to prepare a suitable answer.
Q: What are your Strengths?
A: I can adapt to situations based on the
needs. Once i learn the concepts, I get involved with the work as motivate
myself.
The above answer is only sample & wont suit all candidates. So you need to find what your strengths are because in some case the panel will cross question you depending on your response.
Q: What are your weaknesses?
A: I get nervous when talking to strangers
for the first few minutes. But after that short duration, i can adapt myself
& communicate well with that person.
You have to careful while revealing about your weakness. If you are going to say that, “I am an impatient person”, it will create a bad impression because you need to be patient while dealing with customers.
So choose an answer that won’t affect your chances of selection.
Other Questions to Prepare:
In addition to the
normal personal questions above, the panel will want to test your general
knowledge level.
Ø Banking Awareness: Questions
related to terminologies & words used in banks will be asked.
- Here are some questions that were asked during the previous interviews:
- What are the basic documents a person requires to open an account?
- What are open market operations?
- What are various services provided by a commercial bank?
- What is IRDA and various functions of IRDA?
- Share your views about the GST
- What is a NBFC and difference between NBFC and banks?
- What is your opinion about “CASA” a term related to banking industry?
- Tell us something about BSBDA?
- What is the meaning of CBS?
Current Affairs:
- With many government schemes being implemented, you can be questioned about the latest events in business & finance.
- Why do you think AADHAR card numbers are linked to bank accounts?
- What are the gold schemes launched by govt & their benefits?
- Do you know about the latest crop insurance scheme for farmers?
- Such questions are normally asked to test critical thinking, communication skills & boldness. At times they may also play a big role in determining your selection or rejection.
- Therefore if you do not know an answer, genuinely say "Sorry sir/mam. I don’t know” Or “I have no idea about it, sir".
- Dont try to answer something you don’t think with some random answers. It will only complicate the situation.
