Application / Notification Link
We detected an external link in the description.
IBPS PO/MT-XVI Recruitment 2026: Your Gateway to a Prestigious Banking Career
The Institute of Banking Personnel Selection (IBPS) has released the IBPS PO/MT-XVI Notification for recruitment to 11 Public Sector Banks for the 2027–28 vacancies.
📅 Important Dates
- Application Period: 1–21 July 2026
- Preliminary Examination: August 2026
- Main Examination: October 2026
- Interview: November–December 2026
- Final Allotment: January 2027
🏦 Participating Banks
Recruitment will be conducted for 11 leading Public Sector Banks, including:
- Bank of Baroda
- Canara Bank
- Punjab National Bank
- Union Bank of India
- Indian Bank
- Other participating Public Sector Banks
🎓 Eligibility
Age Limit
- 20–30 years
- Age relaxation is applicable for eligible reserved categories as per IBPS rules.
Educational Qualification
- Graduation in any discipline from a recognized university.
💰 Application Fee
- SC/ST/PwBD: ₹175
- All Other Categories: ₹850
📝 Selection Process
The recruitment process consists of:
- Preliminary Examination
- Main Examination
- Personality Test
- Interview
- Provisional Allotment
📚 Exam Pattern
Preliminary Examination
- English Language
- Quantitative Aptitude
- Reasoning Ability
Exam Details:
- 100 Questions
- 60 Minutes
Main Examination
- Reasoning
- Banking & Financial Awareness
- English Language
- Data Analysis & Interpretation
- Descriptive Test
❌ Negative Marking
- Every incorrect answer carries a 0.25-mark penalty in the objective examinations.
💼 Salary
Selected candidates will receive a starting Basic Pay of ₹48,480, along with:
- Dearness Allowance (DA)
- House Rent Allowance (HRA)
- Medical Benefits
- Other admissible bank allowances
⭐ Why Choose IBPS PO?
- ✅ Secure government-backed banking career.
- ✅ Attractive salary with regular promotions.
- ✅ Nationwide posting opportunities.
- ✅ Excellent work-life balance and career growth.
- ✅ Opportunity to become a future bank leader.
🎯 Final Words
If you're serious about building a career in the banking sector, don't wait until the last moment. Complete your application on time and begin your preparation with a focused strategy.
Every successful banker once started with this very notification. Start preparing today—your dream banking career begins now! 🚀
Start your preparation journey today.
Bodhi Reading Room provides the silence and structure you need to clear the most competitive exams.