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Canara Bank PO FAQ

shape Introduction

The position of Probationary Officers offers a responsible and lucrative career in the banking domain along with a remarkable salary as well as other allowances. This chapter, Canara Bank PO FAQ, will guide the aspirants in addressing their queries and concerns regarding Canara Bank PO 2018 recruitment. The question and answers have been categorized for enhanced clarity.

shape FAQ

1. What is the age criteria to apply in this common written exam? Age (As on 01.01.2018) Minimum 20 years - Maximum 30 years.
2. What is the educational qualification required for various posts in this recruitment process? A Degree (Graduation) with a minimum of 60% marks (55% for SC/ST/PWBD) or equivalent grade, in any discipline from a University recognised by the Government of India or any equivalent qualification recognized as such by the Central Government.
3. If a candidate have obtained 59.99% in his/her degree (for general candidates), can they apply for the EXAM ? No. The candidate cannot apply for the CANARA BANK PO (PGDBF) EXAM 2018, as it is clearly mentioned in the notification that , a candidate should have got 60% (55% for SC/ST/PWBD) to apply for the exams.
4. I am a aspirant who is studying in the last year of College, Will I be able to apply for the CANARA BANK PO (PGDBF) EXAM 2018 ? No. A candidate who is undergoing his/her graduation is not eligible to apply. It is mentioned that the results of the graduation should have been obtained / released before 01.10.2018.
1. When will the registration start? Registration will start from 23.10.2018 to 13.11.2018.
2. What is the Application Fee? Application Fees/ Intimation Charges shall be as follows – - Rs. 118/- for SC/ST/PWD candidates [Intimation Charges only includes GST @18%]. - Rs. 708/- for all others - [includes GST @18%].
3. What is the official Link to apply for the CANARA BANK PO (PGDBF) EXAM 2018? Candidates can click link that is provided below to apply for the CANARA BANK PO (PGDBF) Exam 2018.
[Click Here] for official Link.
1. How do i download my Call letter/Admi card? For the convenience of the candidates, direct link is provided in the official website, Candidates need to login and download the Admit Card 2018.
2. Where to report for any delay in the Admit card 2018? Candidates who didn't received the admit card need to immediately contact the HELP DESK of Canara Bank.
3. Can the Exam Center be changed after submitting the Online Application Form? No! the allotted time, date and venue details cannot be changed.
1. When will be the exam conducted? Canara Bank's recruitment of Probationary Officers will be conducted on 23rd December 2018 (tentative).
2. Will the exam conducted online or offline (OMR Based)? Online objective test will be conducted through Institute of Banking Personnel Selection (IBPS), Mumbai.
3. Is there any penalty for marking wrong answers for the Objective Exams in CANARA BANK PO (PGDBF) EXAM 2018? Yes. One fourth of the marks will be deducted as penalty for marking wrong answers in the Objective Exams in the CANARA BANK PO (PGDBF) EXAM 2018.
4. Is the exam Bilingual? The tests, except the Test of English Language in Mains exam all others will be available bilingually, i.e. in both English and Hindi.
1. What is the Structure of Examination? The structure of the examination which will be conducted online is as follows Online Examination
Subject Medium of examination No. of Questions Marks Time
Reasoning English & Hindi 50 50 Composite time of 2 hours
Quantitative Aptitude English & Hindi 50 50
English Language English 50 50
General Awareness English & Hindi 50 50
Total (Total Weighted Score) 200 200
1. What is the cut-off for being recruited? Bank will decide the minimum cut-off marks for each subject as well as Total Score. Each candidate will be required to obtain a minimum score in each subject and also a minimum total score as decided by Bank to be considered for Group Discussion and Interview
2. What is the weight age of the various phases of the CANARA BANK PO (PGDBF) EXAM 2018? The weightage for the Online Preliminary Exam, Group Discussion and interview are in the ratio 50 : 20 : 30.
3. Is there a criterion for negative marking? There will be a penalty for wrong answers marked in the Objective Tests. For each question for which a wrong answer has been given by the candidate, one fourth or 0.25 of the marks assigned to that question will be deducted as penalty to arrive at corrected score. If for any question a candidate gives more than one answer, it will be treated as wrong, even if one of the given answers happens to be right, and there will be the same penalty of 0.25 of the marks assigned to that question deducted as penalty. If a question is left blank, i.e. no answer is given by the candidate, there will be no penalty for that question.
1. Will there be an interview after the written examination? Yes, there will be interview for the recruitment process of Probationary Officers. The successful candidates in the On-line test would be called for a Personal Interview and/or Group Discussion round. The final merit list for selection will be based on your performance in the Online Test and Interview and/or Group Discussion.
2. Is there any criteria for the Group Discussion and Interview in the CANARA BANK PO (PGDBF) EXAM 2018? The total marks allotted for Group Discussion and for Interview are 50 each. The minimum qualifying marks in Group Discussion and Personal Interview will not be less than 40% for General Candidates (35% for SC / ST/ OBC / PWBD candidates). The fraction of percentage so arrived will be ignored i.e. 39.99% will be treated as less than 40% and 34.99% will be treated as less than 35% and will be treated as not eligible / unfit for the subject selection process.
1. What are the posts available under this recruitment project for freshers? The post which will be available in this recruitment project is of Probationary Officers.
2. How many vacancies are there? The number of vacancies is 468 for Canara Bank's Probationary Officers post.
3. What is the Programme fees for this course?
Sl. No Name of the Institute Course Fee per Candidate
1 M/s Manipal Global Education Services Pvt. Ltd, Bengaluru campus Course Fee - RS. 350000.00 + applicable Taxes (presently GST @ 18% : RS. 63000.00) Total Course Fee: RS. 413000.00
2 M/s NITTE Education International Pvt. Ltd., Mangaluru campus Course Fee - RS. 300000.00 + applicable Taxes (presently GST @ 18% : RS. 54000.00) Total Course Fee: RS. 354000.00

3. What will be the pay scale for this post?
Scale Salary & Emoluments
JMGS - I RS. 23700 – 980/7 – 30560 – 1145/2 – 32850 – 1310/7 – 42020
Dearness Allowance, HRA, CCA, Medical Aid, Leave Fare Concession etc. and Perquisites like Conveyance, Quarters, Furniture etc., depending on the place of posting shall be paid as per rules.
4. What is the duration of the course after the CANARA BANK PO (PGDBF) EXAM 2018 ? The CANARA BANK PO PGDBF course is for one year. The course comprises of 9 months of class studies and 3 months internship at Canara Bank’s Offices. The selected candidates should necessarily stay at the campus to finish the course.
5. Can the candidate who get selected in the CANARA BANK PO (PGDBF) EXAM 2018 have to pay the course fee in one installment? Yes. The candidate who gets selected in the CANARA BANK PO (PGDBF) EXAM 2018 can pay the course fee in one stretch and in 2 installments (50% of course fee before commencement of the course and the balance 50% fees after two months but before the end of third month of commencement of course).
6. Can the candidate avail any loans to study the course and is there any restriction ? Yes, the candidates can pay the course fee at their own expense and by availing Educational Loan from the Bank subject to eligibility as per the prevailing scheme guidelines as to loan quantum, margin, security, documentation, Rate Of Interest, repayment etc. Basing on the outcome of the CIBIL report of the selected candidates and his/her parent, candidate’s eligibility for Educational Loan will be decided.
7. Is there any other fee , the candidate has to pay other than the course fee ? Yes. The candidates has to bear the cost of the certification courses and also for the laptop which is necessary for the course.
8. Is there any Bond / Service Agreement a candidate should sign before joining as the Probationary Officer in Canara Bank? Yes. The candidate have to sign an agreement / Security Bond to serve Canara Bank for a period of Five Years from the date of joining as Probationary Officer once completing the PGDBF Course. Also the candidate has to pay Canara bank with Rs. 100000.00 (One Lakh Rupees only) + Applicable Taxes.
9. Is Hindi Language, a necessary one to apply for the posts available in CANARA BANK PO (PGDBF) EXAM 2018? It has been mentioned that, the candidate shall acquire knowledge in Hindi, if not possessed already , before the completion of Probationary Period.
10. Is there any probation period , a candidate has to serve on getting selected as PO in Canara Bank in PGDBF? Yes, a candidate has to serve a period of 2 years in probation period on getting selected as Probationary Officers after the PGDBF Course in Canara bank.

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Canara Bank PO 2018 – FAQ