IPPB Recruitment 2024: Latest Updates on Dates, Syllabus & Salary
Table of Contents
Table of Contents
About Banking Body and Exam
The IPPB Recruitment 2024 is an important gateway for individuals aiming to build a career in banking in India. Conducted by the Indian Post Payment Bank, which operates under the Department of Post and the Ministry of Communication, the IPPB recruitment exam offers a chance to join a bank dedicated to improving financial access. IPPB Recruitment 2024 focuses on providing essential banking services like bill payments, money transfers, and savings accounts. Its mission is to reach underserved areas, especially rural regions where traditional banks might not have a strong presence. By offering these services, IPPB plays a key role in enhancing financial inclusion across the country.
Successful candidates in the IPPB Recruitment exam are appointed to various positions, including Scale I, II, III, and IV officers, territory officers, managers, and assistant managers. Each of these roles involves different responsibilities such as managing accounts, facilitating transactions, and ensuring smooth banking operations. These positions not only provide job stability and growth opportunities but also contribute to the broader goal of expanding and improving banking services nationwide. For those interested in a banking career with a focus on social impact, the IPPB recruitment exam represents a significant opportunity.
Types of Positions Available in IPPB Recruitment 2024
Full-Time Roles
- Definition: Require working around 35-40 hours per week.
- Roles: Common positions include software engineers, teachers, healthcare professionals, and project managers.
- Benefits: These often include health insurance, retirement plans, and paid time off, providing stability and career advancement opportunities.
Part-Time Roles
- Definition: Involve fewer hours, usually less than 35 per week.
- Roles: Typical examples are retail associates, baristas, tutors, and administrative assistants.
- Flexibility: Ideal for students and those seeking a better work-life balance; however, they may not provide the same benefits as full-time positions.
Contractual Positions
- Definition: Temporary roles for specific projects or periods.
- Roles: Often seen in IT consultants, freelance graphic designers, construction workers, and event coordinators.
- Specialization: These positions usually require specialized skills and can offer higher pay, although they lack long-term job security and benefits.
Choosing the right type of position depends on your career goals and lifestyle needs.
IPPB Recruitment 2024 Highlights
| IPPB Recruitment 2024 – Exam Summary | |
| Name of Conducting Body | Indian Post Payment Bank (IPPB) |
| Post Name | Executive |
| IPPB vacancies | 344 |
| Application Mode – Online or offline | Online |
| Exam Mode- online or offline | Online |
| Recruitment Process | Based on the percentage of marks obtained in graduation |
| Education Qualification | Aspirants must have a graduation degree. At Least two years of expertise is required |
| Age Limit | Minimum age limit – 20 years Maximum age limit – 35 years |
| IPPB Salary | 30,000/- per month |
| Official website | www.ippbonline.com |
IPPB Recruitment 2024 Important Dates
Following are the important dates for the IPPB recruitment exam.
| Important events | Date |
| IPPB Notification 2024 | 11th October 2024 |
| Registration Start | 11th October 2024 |
| IPPB’s last date to apply | 31st October 2024 |
| IPPB Admit Card release | To be announced |
| IPPB Exam Date | To be announced |
| IPPB Result | To be announced |
IPPB Recruitment 2024 Notification
Download: IPPB Executive Recruitment 2024 Notification PDF
Vacancies
India Post Payments Bank has started recruiting for 344 Executive positions across 35 states in India. This initiative aims to fill vacancies and provide opportunities for eligible candidates.
| State/Union Territory | Vacancies |
| Andaman and Nicobar Islands | 1 |
| Andhra Pradesh | 8 |
| Arunachal Pradesh | 5 |
| Assam | 16 |
| Bihar | 20 |
| Chandigarh | 2 |
| Chhattisgarh | 15 |
| Dadra and Nagar Haveli | 1 |
| Delhi | 6 |
| Goa | 1 |
| Gujarat | 29 |
| Haryana | 10 |
| Himachal Pradesh | 10 |
| Jammu and Kashmir | 4 |
| Jharkhand | 14 |
| Karnataka | 20 |
| Kerala | 4 |
| Ladakh | 1 |
| Lakshadweep | 1 |
| Madhya Pradesh | 20 |
| Maharashtra | 19 |
| Manipur | 6 |
| Meghalaya | 4 |
| Mizoram | 3 |
| Nagaland | 3 |
| Odisha | 11 |
| Puducherry | 1 |
| Punjab | 10 |
| Rajasthan | 17 |
| Sikkim | 1 |
| Tamil Nadu | 13 |
| Telangana | 15 |
| Tripura | 4 |
| Uttar Pradesh | 36 |
| West Bengal | 13 |
| Total | 344 |
IPPB Exam Date 2024
Here are five key points about the IPPB Executive Exam 2024:
- Exam Date: To be announced
- Application Period: You can apply from 11th to 31st October 2024.
- Eligibility Requirements: Applicants need to hold a graduate degree from a recognized university. At Least two years of expertise is required.
- Exam Structure: The test includes sections on Reasoning, Quantitative Aptitude, English Language, and General Awareness.
- Selection Process: Based on marks obtained in the graduation. However, IPPB may include an Online Test in the selection process.
IPPB Recruitment 2024 Eligibility Criteria
There are certain eligibility criteria that every aspirant must know before applying for the IPPB exam. Take a brief look at the following:-
Age
The minimum age limit for the IPPB recruitment exam is 20 years. The maximum age limit is 35 years. During the recruitment process, candidates from SC/ST categories get an age relaxation of 5 years, while the OBC candidate gets a 3-year relaxation. Furthermore, PwD candidates enjoy an age relaxation of 10 years. And, if the PwD candidate is from the OBC or SC/ST category, the complete age relaxation they get is 13 and 15 years, respectively. For the general category, the age limit is according to the following table:
| Post | Age limit |
| Manager | 23 to 35 years |
| Circle based Executive | 21 to 35 years |
| Senior manager | 26 to 35 years |
| Chief manager | 29 to 45 years |
| Assistant Manager | 32 to 45 years |
| Deputy Manager | 35 to 55 years |
| General Manager (Finance)/ Chief Finance Officer | 38 to 55 years |
Qualification
The educational qualification required for the IPPB recruitment exam is as follows:
| Post | Educational Qualification |
| Educational Qualification | Graduates from any discipline. Preference who have an MBA in Sales/Marketing |
| Scale I Officers | Graduation degree from any recognized university, institution, or board for IPPB.Work experience in any sales of financial items or postal services. |
| Scale II and III officers | Graduation degree from any reputed institution, University, or board. Candidates with B-tech or MBA degrees can also apply for this. They are given high preference here. |
| Manager | Graduation degree from any reputed institution, University, or board.Should have work experience of at least two years in DoP as an inspector. |
| Assistant Manager | Graduation degree from any reputed institution, University, or board.Should have work experience of at least five years as a GDS (Gramin Dak Sewak) |
| Territory officers | Graduation degree from any reputed institution, University or board.Should have work experience of at least five years as a GDS (Gramin Dak Sewak) |
| General Manager (Finance)/ Chief Finance Officer | CAIIB Certification plus MBA (Finance) recognized by the Government of India/ International University of repute. CFA Certification from the CFA Institute is preferred Should have at least 18 years of experience in officer cadre. |
For any other specialized qualification and to know the IPPB Vacancies in each category, aspirants can check the IPPB notification.
Nationality / Citizenship
- The candidate should be a citizen of India.
- Must be of Indian origin.
- Candidates living in Bhutan, Tibet, and Nepal can also apply for the IPPB recruitment exam.
- Refugee candidates who came to India before 1962 can also apply for the IPPB recruitment exam.
IPPB Recruitment 2024 Application Process
IPPB Recruitment application form for 2024 will be released soon. The application form should be filled out online. Candidates can visit the official website of Indian Post Payment Bank to access the application form. The application form will be submitted online.
Application Fees
Candidates can use a Debit or credit card to pay. They can even pay using mobile wallets, UPI, internet banking, etc.
- The application fee for General and OBC category candidates is INR 750.
- The application fee for SC, ST, and PWD candidates is INR 150.
Usually, the application fee is given at the time of submitting the application form. Once candidates make their payment, the application form is duly accepted by the Indian Post Payment Bank.
Application Steps
One should ensure that they are filling out the application form before the announced IPPB last date to ensure that their application gets accepted. If the aspirants face issues filling out the form, they can check the detailed steps here:-
- First, visit the official website of IPPB.
- Go to the recruitment portal from the home page.
- Click on IPPB notification 2024 for recruitment.
- Select the one-time registration option.
- Fill in all the details such as name, age, qualification, etc. Then, submit the form.
- Now, click save and next.
- Candidates will get the registration number and password on their registered email.
- Next, pay the application fee.
- Download the invoice or fee receipt.
- Print and save the application form for future reference.
IPPB Exam Admit Card
The Indian Post Payment Bank will release the admit card for the IPPB recruitment exam 2024 one or two weeks before the exam. To download the IPPB admit card, candidates must log in to the official website using their login credentials.
Admit Card Details
Once the candidate downloads the IPPB admit card, they should check the details mentioned. The IPPB admit card includes the following details:-
- Candidates’ name
- Date of birth
- Photograph
- Registration number
- Name of exam center
- Date of exam
- Reporting time
Moreover, candidates must carry their identity proof, such as an Aadhaar card, identity card or PAN card to the exam hall.
Exam Centre Details
Every candidate should be aware of the exam centers. It will help them prepare mentally and physically for the hassle of traveling to another city. Candidates can find the complete details of their exam center on their IPPB Admit Card.
| State | Exam Centre |
| Andhra Pradesh | Puthur, Rajahmundry, Chirala, Ongole, Srikakulam, Chittoor, Guntur, Hyderabad, Kakinada, Tirupati, Kurnool, Nellore |
| Andaman Nicobar | Port Blair |
| Arunachal Pradesh | Itanagar, Nahrlagun |
| Assam | Jorhat, Kokrajhar, Dibrugarh, Silchar, Tezpur, Guwahati |
| Bihar | Bhagalpur, Arrah, Aurangabad, Shariff, Gaya, Patna, Purnea, Samastipur, Hajipur, Muzaffarpur, Dharbanga |
| Chandigarh | Chandigarh |
| Chhattisgarh | Bilaspur, Raipur, Bhilai |
| Dadra and Nagar Haveli | Dadra and Nagar Haveli |
| Daman and Diu | Daman and Diu |
| Delhi | Greater Noida, Gurugram, Bahadurgarh, Delhi, Faridabad, |
| Goa | Verna, Panaji |
| Gujarat | Rajkot, Surat, Vadodara, Ahmedabad, Jamnagar, Mehsana, Anand, Gandhinagar, Himatnagar |
| Haryana | Sonipet, Palwal, Panipat, Yamuna nagar, Ambala, Hissar, Karnal, Kurukshetra |
| Himachal Pradesh | Sirmaur, Kullu, Mandi, Una, Baddi, Bilaspur, Dharamshala, Hamirpur, Kangra |
| Jammu and Kashmir | Jammu, Kathua, Samba |
| Jharkhand | Hazaribagh, Jamshedpur, Ranchi, Bokaro, Dhanbad, |
| Karnataka | Gulbarga, Hubli, Mysore, Shimoga, Udipi, Belgaum, Bengaluru, Bedar, Mangalore, |
| Kerala | Palakad, thiruvananthapuram, Kollam, Kottayam, Thrissur, Alappuzha, Kannur, Kochi, Kozhikode, Mallapuram, |
| Madhya Pradesh | Jabalpur, Sagar, Satna, Ujjain, Bhopal, Gwalior, Indore, |
| Maharashtra | Nasik, Pune, Mumbai, Nagpur, Amaravati, Aurangbad, Chandrapur, Ratnagiri, Satara, Dhule, Jalgaon, Kolhapur, Latur, Nandad |
| Manipur | Imphal |
| Meghalaya | Shillong, Ri-Bhoi |
| Mizoram | Aizawl |
| Nagaland | Kohima |
| Odisha | Berhampur, Bhubaneshwar, Angul, Balasore, Bargarh, Baripada, |
| Puducherry | Puducherry |
| Punjab | Fatehgarh, Saheb, Amritsar, Bathinda, Pathankot, Patiala, Phagwara, Jalandhar, Ludhiana, Mohali |
| Rajasthan | Kota, Sikar, Bhilwara, Bikaner, Jaipur, Ajmer, Alvar, Jodhpur |
| Sikkim | Gangtok |
| Tamil Nadu | Namakkal, Perambalur, Chennai, Coimbatore, Dindigul, Salem, Thanjavur, Tirunelveli, Vellore, Tiruchirapalli, Thoothukudi, Krishnagiri, Madurai, Nagercoil |
| Telangana | Karimnagar, Kammam, Warangal,Hyderabad |
| Tripura | Agartala |
| Uttar Pradesh | Bareilly, Bhulandshaher, Mathura, Meerut, Unnao, Varanasi, Agra, Aligarh, Allahabad, Gorakhpur, Moradabad, Muzaffarnagar, Jhansi, Kanpur, Lucknow |
| Uttarakhand | Haridwar, Roorkee, Dehradun, Haldwani |
IPPB Recruitment 2024 Exam Pattern
The IPPB 2024 exam pattern includes three stages:- prelims, mains, and interview rounds.
Prelims and mains both exams are MCQ based. Both the exams have negative markings, where for every wrong answer 1/4th mark will be deducted.
IPPB Prelims Exam Pattern
The prelims pattern is highlighted in the following table:
| Section | No of Questions | Maximum marks | Time allotted |
| Quantitative aptitude | 35 | 35 | 1 hour |
| English | 30 | 30 | |
| Reasoning Ability | 35 | 35 | |
| Total | 100 | 100 |
IPPB Mains Exam Pattern
There are more subjects in the mains. Here is the pattern of the Mains Exam:
| Subject | No of Questions | Maximum marks | Medium | Time |
| Quantitative aptitude | 50 | 50 | English & Hindi | 40 mins |
| Computer knowledge | 20 | 20 | English & Hindi | 10 mins |
| English language | 40 | 40 | English | 30 mins |
| Reasoning Ability | 50 | 50 | English & Hindi | 40 mins |
| Total | 200 | 200 | _ | 140 mins |
IPPB Recruitment Interview round
The interview round is the last round of the selection process. The total mark of the IPPB exam is 100. To qualify, a general candidate must get at least 40% of the marks whereas an SC/ST/OBC/PWD should get a minimum of 35%.
IPPB Recruitment 2024 Syllabus
To pass the IPPB exam, every candidate should have a clear understanding of the IPPB Exam Syllabus. The syllabus for the IPPB exam 2024 is as follows –
| Section | Topics |
| Reasoning Ability | Alphabet test Coding-Decoding Venn Diagram Analogy Puzzle Test Number, Ranking, and Time Sequence Theme Detection Eligibility test Clock & Calendar Data sufficiency |
| English Language | Synonyms Tenses voice Grammar Idioms and phrases Article Subject-verb Arrangement Antonyms Adverbs Verb |
| Quantitative aptitude | Profit Loss Time & Work Discount Partnership Decimal Fraction Tables and Graph Ratio & protection Time & Distance Simple Interest Percentage Number System |
| General Awareness | Current affairs Money market Financial Institutions Credit policies capital market Banking Awareness Budget Basic and Current Union Budget Indian Banking History |
| Computer | Basics of computer |
IPPB Recruitment 2024 Selection Process
IPPB Recruitment 2024 for Executives will be made based on marks obtained in the graduation. However, IPPB may include an Online Test in the selection process. The tests normally include several steps. Here’s a summary of the selection procedure.
- Preliminary Examination
- Main Examination
- Interview
- Document Verification
- Medical Examination
IPPB Recruitment 2024 Result and Cutoffs
Candidates can check the IPPB Result on the official website after it has been declared by the commission. Just enter the essential details and download the PDF format of the result. After this, look at the cut-off to know if one has qualified for the exam or not.
IPPB Recruitment 2024 Result
The results of IPPB 2024 will be declared on the official website. The candidates must log in to view their results. The date of the IPPB Result is yet to be announced. To view their IPPB Result, candidates must,
- Log in to the official site of IPPB
- Click on the result button on the homepage
- Enter details like roll number and password
- The IPPB Result will be displayed on the screen
- The candidate can download the PDF of their IPPB Result from the IPPB website for reference.
IPPB Recruitment 2024 Exam Cutoffs
To qualify for the IPPB exam, candidates must get more than the cut-off marks. The cut-off marks for prelims and mains are released separately. The cut-off marks for 2024 have not been released yet. So, let’s look at expected cut-offs per the previous year’s data.
Prelims Expected Cut off IPPB 2024
| Section | Total Marks | Expected Cut off |
| Quantitative aptitude | 35 marks | 8-10 marks |
| Reasoning Ability | 35 marks | 9-12 marks |
| English language | 30 marks | 7-8 marks |
| Total | 100 marks | 50-55 marks |
Mains Expected Cut-offs IPPB 2024
| Section | Total marks | Expected cut off |
| Quantitative aptitude | 50 marks | 12-15 marks |
| Computer knowledge | 20 marks | 10-13 marks |
| English language | 40 marks | 9-11 marks |
| General Awareness | 40 marks | 12-14 marks |
| Reasoning Ability | 50 marks | 10-12 marks |
| Total | 200 marks | 95-110 marks |
Category Wise Cut-off IPPB 2024
| Category | Expected cut off |
| General | 62-70 marks |
| SC | 57-60 marks |
| OBC | 60-62 marks |
| ST | 54-58 marks |
IPPB Recruitment 2024 Salary Per Month
Here is the following list of IPPB salary structure 2024:
| Post | Salary |
| Junior Manager Grade I | INR 23700 to INR 42020 |
| Middle manager grade II | INR 31705 to INR 45950 |
| Middle manager grade III | INR 42020 to INR 51490 |
| Senior manager grade V | INR 59170 to INR 66070 |
| Territory officer | INR 27000 per month |
Additional benefits with the IPPB Salary
- Official residence
- Official vehicle for transport facility
- Educational facilities
- Security
- Leaves
- Post-retirement benefits
- Medical treatment
IPPB Recruitment 2024 Selection Process
The IPPB Selection Process is separated into three stages: selection, shortlisting, and results announcement. Check out the details below.
Selection Process:
- Candidates will be chosen based on interviews.
- The bank may also administer evaluations, group discussions, and online tests.
- Meeting the eligibility criteria does not guarantee an interview or test invitation.
Shortlisting Process:
- IPPB will select candidates based on their qualifications, experience, and job fit.
- Only the necessary number of candidates will be invited for additional tests or interviews.
Results Announcement:
- The results of qualifying candidates at each level will be published on the website.
- The final list of selected candidates will also be available online.
Preparation Tips for IPPB Recruitment 2024
- Understand Exam Pattern: Familiarize with Preliminary and Main exam’s structure and syllabus. Focus on Reasoning, Quantitative Aptitude, English Language, General Awareness, and Computer Knowledge.
- Create a Study Plan: Allocate time for each subject and set realistic goals.
- Use Quality Study Materials: Refer to standard books, online resources, and previous years’ question papers.
- Practice Regularly: Solve practice questions and take timed mock tests.
- Focus on Weak Areas: Identify weak subjects and allocate extra time for improvement.
- Improve General Awareness: Stay updated with banking and finance news.
- Enhance English Language Skills: Read newspapers and magazines, and practice grammar exercises.
- Master Numerical and Reasoning Skills: Practice various types of questions.
- Develop Computer Knowledge: Understand basic computer operations, MS Office, and internet concepts.
- Time Management: Practice within time limits and prioritize questions.
- Stay Healthy: Maintain a balanced diet and exercise routine.
- Regularly Revise: Set aside time for topic revision and create short notes.
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Conclusion
The India Post Payments Bank (IPPB) Recruitment 2024 offers 344 executive positions, particularly for Gramin Dak Sevaks (GDS) transitioning to banking roles. Eligible candidates need a minimum of 2 years of GDS experience and must meet age and educational requirements. The selection process is mainly based on graduation marks, though an online test may be included. This initiative aims to strengthen banking services in rural areas by utilizing the vast postal network, promoting financial inclusion across India. This recruitment not only supports GDS career growth but also enhances the banking infrastructure in underserved regions.
Frequently Asked Questions (FAQ’s)
What is the selection process for the IPPB recruitment 2024?
The IPPB recruiting selection procedure starts with a preliminary exam, followed by a major exam and an interview.
What is the age limit to apply for the IPPB exam for the year 2024?
Different positions have age restrictions, which typically range from 20 to 35 years of age. The ‘eligibility requirements’ part of this page lists the age restrictions for each position for candidates to view.
Is IPPB a government job?
NDIA POST PAYMENTS BANK LIMITED, a public limited company wholly owned by the Government of India through the Department of Post under the Ministry of Communication and set up under the Companies Act, 2013, and the Banking Regulation Act, 1949 as a Payments Bank under the Department of Posts
What is the IPPB Recruitment 2024 Application fee?
Application fees for IPPB Recruitment is 750 INR for the general category.
Is IPPB a private bank?
India Post Payments Bank (IPPB) is a 100% government-owned bank established under the Department of Posts, Ministry of Communications, Government of India. It aims to promote financial inclusion by offering a range of banking services to underserved populations.
When has the IPPB Recruitment 2024 for Executives released?
The IPPB Recruitment 2024 for Executives was released on 11th October 2024.
What are the registration dates to apply online for IPPB Executive Recruitment 2024?
The registration dates to apply online for IPPB Executive Recruitment 2024 are from 11th October 2024 to 31st October 2024.
Who is eligible for IPPB recruitment?
To be eligible for IPPB Executive Recruitment 2024, candidates must be between 20 and 35 years old and hold a graduate degree in any discipline from a recognized university. Age relaxation is available for reserved categories as per government guidelines.