PREFERENCE FOR IBPS PO (Most Important)

Bank Mantra prepeared the Bank Preference Order for IBPS PO V considering the requirement of Aspirants

1. Salary
2. Work Nature
3. Promotions
4. Locations of Bank
5. Infrastructure
6. Work Pressure

An ideal bank for a banking aspirant will be

• With Higher salary Package, perks.
• Which can offer branch near to home town.
• Have less work pressure so no interference between personal and professional life.
• Infrastructure must be good in the bank for e.g. a branch without AC in north India during summer will make your experience worst as a banker.
• Promotions must be on time and must have immunity from internal politics.

On the basis of above points, Bank preference has been prepared.

Bank Name	Pros	Cons	Pay Scale (In Hand)
ECGC	High Package as compared to other Banks, Workload Minimal, No typical Banking culture, Branches in Metro Cities only(No rural Posting), 5 days a week (Sat/Sun Off), Good Connection with exporters, Limited employees hence large share of resources available to each employee	Limited no of Branches, promotion little slow as compared to commercial Banks, Initial posting will not be in north	Similar to LIC AAO( Wage Settlement Pending from 2012), Salary will increase in coming 1 year
EXIM	High Package (including perks) as compared to other Banks, Opportunites to go overseas, Workload Minimal, No typical Banking culture, Branches in Metro Cities only(No rural Posting), Good Connection with exporters, Limited employees hence large share of resources available to each employee, 5 days a week (Sat/Sun Off)	Limited no of Branches, promotion little slow as compared to commercial Banks	Pay Revision awaited
IDBI	High Salary Package as compared to other banks, Good Infra, comparitively Less workload than other well known banks, less rural branches	Typical Banking Work culture i.e. customer dealing, Targets	40000+ Salary
Bhartiya Mahila Bank	Can Get merged with SBI in future, Less Work load, New Infra, New Offices, Good Promotion	Less Branches	32000-33000
Punjab National Bank	One of the largest public bank of India, Huge Exposure opportunities, Large no of Branches, Good Promotion	Typical Banking Work culture i.e. customer dealing, Targets, Huge Pressure, No time for further study	32000-33000
Bank of Baroda	Also One of the largest public bank of India, Huge Exposure opportunities, Large no of Branches, Good Promotion, Good working Atmosphere	Typical Banking Work culture i.e. customer dealing, Targets, Huge Pressure, No time for further study	32000-33000
Canara bank	Good in Infra, Most of the Branches in North India, workload is medium	Typical Banking Work culture i.e. customer dealing, Targets	32000-33000
Bank of India	Good in Infra, Most of the Branches in North India, workload is medium, less rural penetration	Typical Banking Work culture i.e. customer dealing, Targets	32000-33000
Indian Bank	Good in Infra, Most of the Branches in North India, workload is medium, less rural penetration	Typical Banking Work culture i.e. customer dealing, Targets	32000-33000
Indian Overseas Bank	Good in Infra, Most of the Branches in North India, workload is medium, less rural penetration	Typical Banking Work culture i.e. customer dealing, Targets	32000-33000
Syndicate Bank	Less customer base, time for further study	Average Infra	32000-33000
Central Bank of India	Less customer base, time for further study	Average Infra	32000-33000
Union Bank of India	Less customer base, time for further study	Average Infra	32000-33000
Oriental Bank of Commerce	Less customer base, time for further study	Average Infra	32000-33000
UCO Bank	Time for Study due to less customer base and limited banking products	Poor Infra	32000-33000
Allahabad Bank	Time for Study due to less customer base and limited banking products	Poor Infra	32000-33000
Corporation Bank	Time for Study due to less customer base and limited banking products	Poor Infra	32000-33000
Dena Bank	Time for Study due to less customer base and limited banking products	Poor Infra	32000-33000
United bank of India	Time for Study due to less customer base and limited banking products	Poor Infra	32000-33000
Punjab & Sind Bank	Time for Study due to less customer base and limited banking products, Most Branches in North India	Poor Infra	32000-33000
Vijaya Bank	Time for Study due to less customer base and limited banking products	Most Brranches in South India	32000-33000
Andhra Bank	Time for Study due to less customer base and limited banking products	Most Brranches in South India	32000-33000
Bank of Maharashtra	Time for Study due to less customer base and limited banking products	Less Branches in North	32000-33000

In the end, the choice is yours: 

After all of this, it is you who has to take the ultimate decision. So do review everything and analyse your choices before filling the form.