How to fill Bank Preference in IBPS PO V 2015

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Hello friends, This is Abhishek (selected as a clerk in PNB under cwe iv ) also a reader of bank4study.
Last year i was facing the same problem "How should i mark my Bank Preference" to get a good bank. So here i am sharing "on which basis i marked my bank preference".

All we know that IBPS has already released  the official Notification of Recruitment process for CWE V. Click Here

"IBPS has played its game, Know its time to become a strong player and win the Game".
The game will also too difficult to win, because this time Exam will be conduct in 3 Phase. (Tier I & Tier II and Common Interview). After successfully cleared these 3 round you have to wait for Final Merit List. Those aspirants who scored good can see their name in final list.

How to fill bank preferences in IBPS PO V

When you login to IBPS website to register for IBPS PO V, During the time of registration, a stage comes where you will be required to fill bank preferences with respect to 23 participating Bank. You need to click against each bank to mark your preference.

You can choose your preference with the help of table given below. Have a look

Name of Bank
Founded
Headquarters
Joining Month After Selection
No of Branches 
No of Working Employees

Allahabad Bank
1865
Kolkata
1st Week  June
3,071 branches 
22,557
               
Andhra Bank
1923
Hyderabad
June/July
2507 branches,  Planning to open 300+ branches by 31 March 2016
Bank of Baroda               
1908
Vadodara (Baroda),             Gujarat
1st Week July
5307 branches in India and abroad
               
Bank of India
1906
Mumbai
July
4828 branches 
Bank of Maharashtra               
1935
Pune
2nd Week  May
1868+ branches 
Bharatiya Mahila Bank               
2013
New Delhi
July
Present 25 branches,
500 branches by 2017
Canara Bank               
1906
Bengaluru
1st Week  July
5675 branches 
44090
Central Bank of India   
1911
Mumbai
June Last Week
4600 branches 
42000
               
Corporation Bank
1906
Mangalore
July
3200 branches 
               
Dena Bank
1938
Mumbai
2nd Week  June
1739 branches ,
404 new branches in FY 2015-16
13750
ECGC   
1957
Mumbai
NA
               
EXIM Bank
1982
Mumbai
NA
               
IDBI Bank
1964
Mumbai
August 1st week
1746 branches 
18465
               
Indian Bank
1907
Chennai
July 1st Week
2412 branches 
20000
Indian Overseas Bank   
1937
Chennai
June/July
3350 branches,
Including 1150 in Tamil Nadu
Oriental Bank of Commerce               
1943
Gurgaon
June
1092 branches 
               
Punjab National Bank
1894
New Delhi
Mid June
6300 branches 
62392
               
Punjab & Sind Bank
1906
New Delhi
July
1416 branches , including 530 in Punjab
Syndicate Bank   
1925
Karnataka
3rd Week  May
3552 branches 
27222
UCO Bank               
1943
Kolkata
July/August
4000+ branches 
24109
Union Bank of India               
1919
Mumbai
June
3500 branches 
27746
               
United Bank of India
1950
Kolkata
Last Week  May
2005 branches 
15285+
Vijaya Bank               
1931
Bangalore
June/July
1630 branches 
13700

Important Points for Bank Preference

  • Year of Establishment - Yeah i know many of you are thinking that "How Year of Establishment can help you to mark your Bank preference". The answer is simple "Old Is Gold". Oldest bank will not give you extra money but Old banks have a better image among people and the people can trust them more as well as they have more number of branches. 
  • Headquarter - On the basis of headquarter, you can choose a bank according to  state where bank's headquarter is located. Example Bank of Baroda, bank has most branches in Gujarat than any other state. So students from Gujarat or near by States should mark BOB as there first preference.
  • Joining Month After Selection - Dear future Bankers, after your selection, you will eager to join your allotted bank as per your preference, Some banks take joining within 3 or 4 months only and some banks take in 5 - 12 Months. See the above table.
  • Number of Branches - Hey Future Banker, I know you love your family and your native palace, that is why after joining many of you want to join branches, which is near to your home. In large Banks, During the time of posting you will not face any problem or you may also allotted a branch which is near to your home place. Bank with large number of branches, post its newly appointed employees to their home location.
  • Number of Employees - You may also check the number of working employees of all Public Sector Banks. Total 10 Lakh employees are working with banks.
  • Salary & Allowances - All these banks have same growth opportunities and you will get almost same salary & allowances except ECGC, Exim Bank & IDBI Bank (40k+).
  • Small Banks Have less work pressure than large Banks so no interference between personal and professional life.
  • Bharatiya Mahila Bank can get merged with SBI in near future according to Government.
  • Mark your preference according to you, You can not change it after submission of the application.
  • One more thing the work pressure in large banks is more than small banks because they have more customers. This is main benefit to work with a small bank.

Top 10 Public Sector Banks June 2015 on basis of Market Capitalization

Bank Name
Market Capitalization
Position
State Bank of India
Rs 2,10,302 Crore
1
Bank of Baroda
Rs 36,194 Crore
2
Punjab National Bank
Rs 28,448 Crore
3
Canara Bank
Rs 17,555 Crore
4
Central Bank of India
Rs 17,445 Crore
5
Bank of India
Rs 13,016 Crore
6
IDBI Bank
Rs 11,331 Crore
7
Union Bank of India
Rs 11,075 Crore
8
Indian Bank
Rs 8,020 Crore
9
Syndicate Bank
Rs 7,666 Crore
10

Data released by RBI in 2009.

  • As per data released by Reserve Bank of India (RBI) there are a total of 83009 branches of commercial banks in India. According to that Uttar Pradesh has the highest number of commercial bank branches/offices and Sikkim has the least number of commercial bank branches/offices among states.
  • For union territories Delhi has the highest number of branches and Lakshadweep has the least number of branches of commercial banks in India.
  • Uttar Pradesh has 10550 branches, Maharashtra stands second on the list with 8427 branches, Andhra Pradesh has 7208 branches and is on the third place, Tamil Nadu is at fourth place with 6527 branches, Karnatkais at fifth place with 6336 branches and West Bengal has 5437 branches of commercial banks and stands sixth on the list.
Disclaimer : All information given above are based on independent analysis and evaluation made by Bank4Study. We do not take responsibility for any decision that might be taken, based on this information.