How to Fill Bank Preferences in IBPS PO Application Form 2022? Participating Bank List

By Amrit Gouda|Updated : August 6th, 2022

IBPS PO Bank Preference 2022: The notification of IBPS PO 2022 has been out and the apply online link has been activated from today. While filling out the IBPS PO form many aspirants face the challenge of choosing the bank preference in the IBPS PO online form 2022. 

In order to help you fill out your form properly, we are going to share how you should fill out your bank preference in IBPS PO online application form 2022. This article will help you in answering the questions about how to fill IBPS PO bank preference 2022.

Table of Content

Choosing the right bank in the preference order is essential as this will have long-term implications since you will have to work in the organization that you are allotted. Hence, correct bank preference in IBPS PO online application process will play a crucial role in determining this. 

First, let us have a look at the organizations that are taking part in the IBPS PO 2022 recruitment drive. 

IBPS PO Bank Preferences 2022: Participating Bank List

You can get complete knowledge of the banks participating in the recruitment process to be able to move ahead in the selection process. The list of 11 participating banks in the IBPS PO 2022 recruitment process is:

  1. Bank of Baroda
  2. Bank of India
  3. Bank of Maharashtra
  4. Canara Bank
  5. Central Bank of India
  6. Indian Bank
  7. Indian Overseas Bank
  8. Punjab National Bank
  9. Punjab & Sind Bank
  10. UCO Bank
  11. United Bank of India

How to Fill Bank Preference in IBPS PO 2022?

Many aspirants are in a state of confusion regarding how they should fill in the bank preference in the IBPS PO 2022 application form. Here are some important suggestions, that will help you make a well-organized preference list and eventually clear your confusion in this regard. 

Before you fill out the form, first decide what is your job priority.

  1. If you are a lady aspirant and wish to go for a home posting, then try to give preference to the bank which has the maximum number of branches in your state.
  2. If you are North or South Indian and want to get posted in the vicinity of your home town then give preference to the banks which have headquarters near your state or have maximum branches in your state.
  3. Before making your final list keep in your mind that after final selection you have to serve the particular bank for a long time.

Area/ Location & Headquarters:

  1. The location and area of the bank's headquarters and branches are important elements to consider when filling out the bank preferences section of the IBPS PO 2022 Exam.
  2. If you wish to work in a specific location or region of the country, you must first determine where the banks' headquarters are located.
  3. It will give you an idea regarding your future postings.

To give you a clear idea about the Headquarters of the participating Banks we have listed the HQ in the following list:

CityBanks with their headquarters
MumbaiBank of India, Central Bank of India, Union Bank of India
DelhiPunjab National Bank, Punjab and Sind Bank
Kolkata UCO Bank
BangaloreCanara Bank
ChennaiIndian Bank, Indian Overseas Bank
PuneBank of Maharashtra
VadodaraBank of Baroda

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Information about the Participating Banks of IBPS PO 2022

To help you make a well-informed decision, we have shared some basic information about the participating banks OF IBPS PO 2022 below. Hope this helps!

Sr. No.BanksBasic Information
1 Bank of India
  • Total Tentative Vacancies: 535
  • Another major bank of the country, the Bank of India has a network of around 5000 plus branches and 55 Zonal Offices. 
  • It has 60 offices located outside India.
  • Maximum branches concentrated in Western India
 2UCO Bank 
  • Total Tentative Vacancies: 550
  • With a network of 3000 Plus branches in India
  • UCO Bank has overseas branches located in Hong Kong and Singapore.
  • A number of bank branches are located in West Bengal and Uttar Pradesh
 3Bank of Maharashtra 
  • Total Tentative Vacancies: Not Reported(will be reported in due course)
  • Bank Of Maharashtra has around 1,900 branches all over India.
  • With a workforce of approximately 14000 employees, it has a huge number of branches in Maharashtra
  • Does not have foreign branches
 4 Punjab and Sind Bank 
  • Total Tentative Vacancies: 253
  • Have 1518 plus branches spread across the country
  • Out of these, 620 plus branches are located in Punjab
  • Majorly operate in North India. 
 5Punjab National Bank 
  • Total Tentative Vacancies: 500
  • One of the largest public sector banks of the country
  • PNB has a network of 11000 branches across India. 
  • Has international presence with several foreign branches and representative offices
  • Good work culture with a major presence in North India
6Canara Bank
  • Total Tentative Vacancies: 2500
  • Canara Bank is one of the oldest public sector banks of the country
  • Has a network of 6639+ branches across India.
  • Maximum branches located in Southern and Western India
  • Has international presence with offices in Hong Kong, London, New York, South Africa, Shanghai, Dubai, Moscow,  Doha, Bahrain, and Tanzania.
  • Canara bank believes in the Work culture where the family concept is practiced among the employees
7Union Bank of India
  • Total Tentative Vacancies: 2094
  • UBI has a network of approximately 4200+ branches across India
  • Has 8 foreign offices in Abu Dhabi, Shanghai, Hong Kong, Sydney.
  • A large number of branches are located in Maharashtra and Uttar Pradesh
8Indian Bank
  • Total Tentative Vacancies: Not Reported - Will report in due course.
  • Has a network of 6062 branches across India.
  • Has international presence with branches in Colombo, Jaffna (Sri Lanka), and Singapore.
  • Maximum branches are located in South India
9 Central Bank of India
  • Total Tentative Vacancies: Not Reported - Will report in due course.
  • Established in 1911, it is one of the major PSB of India.
  • The central bank of India has 4659 Branches, 10 Zonal Offices.
  • Maximum branches are located in Maharashtra, Madhya Pradesh, and Uttar Pradesh.
  • Has overseas offices in places like Hong Kong and Nairobi.
10 Bank of Baroda
  • Total Tentative Vacancies:  Not Reported - Will report in due course.
  • The second-largest bank in the country after SBI
  • BoB has a network of 9798 branches across India and around 101 foreign branches.
  • Offers a healthy work environment and has numerous branches present in the Northern and Central parts of the country. This is evident from the fact that BOB has branches in 523 cities of Gujrat.
11Indian Overseas Bank 
  • Total Tentative Vacancies: Not Reported - Will report in due course.
  • Has 3259 pan India branches and 7 zonal offices.
  • Approximately 1100+ branches are located in Tamil Nadu.
  • A major presence in South India.
  • Overseas branches are present in 5 countries. They are Singapore, Hongkong, Thailand, Srilanka, and South Korea.

Location Preference & Transfer Policy:

  1. During the course of employment, different banks have varied policies for transferring funds from one place to another.
  2. Furthermore, certain banks may take your preferences for location into account, while others may require you to work in various locations across the country.
  3. To develop a preference list and figure out which bank is best for you, go over the transfer policies of the banks you're interested in.

Go with your personal choice:

  1. When it comes to choosing the bank preference in the IBPS PO 2022 exam, your personal preference is crucial.
  2. For example, if you prefer one bank over another, place that bank at the top of the list while putting the banks you want to avoid at the bottom.
  3. Most PSU banks (under IBPS) have a similar compensation structure and a similar advancement scheme. So, do some study to find your ideal bank and decide which one is best for you.

Note:  During the initial years of posting, you will be posted at several locations for training. You will get a final posting only after you have completed your probation period.

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FAQs

  • You should keep in mind some important things before filling the bank preference in the IBPS PO 2022 application form. You should take this decision from various perspectives like the location of the bank, the transfer policy of the bank, and various important information related to the bank.

  • While applying for IBPS PO 2022, you have to provide your bank preference. It depends on many factors like your place, priorities, location of the bank, and many other factors. You should make proper research about the background of the Bank you are going to fill.

  • There is a total of 11 participating Banks in IBPS PO 2022. It may change in IBPS PO 2022 based on the Bank's requirement and other factors.

  • In general, there is nothing like the best Bank. It depends on your priority, point of view, transfer policy of bank etc. Kindly go through the article to have an overall idea on this.

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