How Can We Prepare For a Banking Exam so that we can Crack easily?image

Introduction To Banking

 Bank: A bank is a financial institution that accepts deposits from the public by offering interest and lends money to the public by charging interest.

Functions of the Bank:

(I)     Accepting Deposits- Bank accepts deposits from the public by offering various types of accounts.

·        Deposits can be of 2 types- (a) Demand & (b) Time.

·        Deposits are offered to suit the needs of people.

·        People will get activity based totally on time period.

(II)   Advancing Loans- Banks provide loans and advances to corporations for their commercial enterprise and persons for durable consumer goods.

·        Loans have a period- (a) Short Term. (b)Medium Term. (c) Long Term.

·        Bank will alternate interest on these loans.

Importance of Banks

ü  Capital Formation.

ü  Improvement in Standard of Living.

ü  Economic Development.

ü  Aid to Government.

ü  Customer Service.

ü  Transfer of Money.

 What is the Age limit for Banking Exam?

In general, the age restriction of the financial institution candidates is between 18-30 years. Upper age leisure is relevant to the reserve candidates as per the organization’s rules. . For reserved categories the upper age limit relaxation is as follows: SC/ST candidates- 5 years. OBC category from the non-creamy layer- 3 years.


Any graduate who possesses a bachelor's degree or equivalent qualification in any discipline from a recognized central/state university is eligible to fill I.B.P.S. application form.

 Tips on How to Crack Bank Exams on First Attempt

 Tips For Beginners:

 Tip No. 1

Understand the exam pattern: Understand the exam pattern first. For whatever exam (Clerical or P.O.) you are preparing, gather some previous years' question papers of that exam. Try to solve the collected papers. Of course, you will not understand them completely. See, our purpose is not to solve them. But this will help you to understand the paper pattern. Inspect the paper type very well. This will give you benefits. While preparing, you will have an idea about what type of questions are asked in the exam. Look, hard work is a must. If you will do less hard work mixing it with smart work, this will help you to ace any exam.

Tip No. 2

Consistency (5-6 Hours)Moving to tip two, which is extremely important. People prepare for 3-4 years and end up saying that they couldn’t crack the exam. These people are not selected because they were not consistent. Usually, the candidates prepare for a month and take frequent breaks. This is not the right approach. Let me reveal, a specialty of banking exams. If you have prepared for 2 months and rested for 10-15 days, you will be back to zero level. You have to keep in mind that you don’t have to take a lot of breaks. See, consistency simply means that you have to take out 5-6 hours daily for study. Consistency is the key.. Fix your goal: Dedicate 5 to 6 hours daily to it. In an emergency, you may study for 2 hours. But it is a must to study daily.

Tip No. 3

Newspaper Reading: Newspaper reading is another vital tip to crack the exam on the first attempt. A newspaper is one arrow for two targets. If you will read a newspaper daily, your score in English, as well as Current Affairs/GK/GA, will improve. If you want to score well in G.A. and English, the Newspaper is the key. Exams like SSC are bookish but bank exams are sense based. Your sense will be automatically developed by reading newspaper. In 1-2 months you will find a massive difference in your scores after following this tip. Read the newspaper for 1.5-2 hours.  

Tip No. 4

Preparing for Interview from Day 1:In addition to all 3 tips, I have another one for you. Many of you have experienced failures in prelims, mains, or interviews. You have to prepare for the interview from the very first day. Usually, people prepare for prelims. Then after clearing, they prepare for mains and then for interview. But in banking exams, you are hardly given 15-20 days to appear in mains and interview. Trust me, it is challenging to prepare for mains and interview in 15-20 days. From the first day of your preparation, your approach should be the interview. It doesn’t mean that you have to start preparing for an interview. But, prepare as if you are preparing for an interview. You just have to clear your basics. If your basics will be clear then you can solve any D.I. of arithmetic. If I sum up, you have to polish your basics, so that they do not create any barriers for you in mains and interview. Those who say that they are unable to crack the exam even after preparing for 3-4 years please tell to calculate their average study hours. You have to maintain your average monthly study plan. Your minimum average in a month should be 150 hours. So, all the beginners, start your preparation on the basis of the tips I disclosed. 

Familiarity with Exam Pattern and Syllabus:

You must get enough knowledge about the syllabus and the Paterrns of different Examinations like SBI (PO, SO, Clerk), IBPS (SO, RRB, Clerk), RBI (Gr. B,  Asst.) etc.

 Which is the Easiest Bank Exam to Crack?

Amongst all the banking exams, the easiest one to crack is I.B.P.S. R.R.B., I.B.P.S. Clerk, S.B.I. Clerk, etc. The difficulty levels of these exams are comparatively low.

How Many Hours Should I Study to Crack Bank Exams?

Fix your goal: Dedicate 5 to 6 hours daily to it. In an emergency, you may study for 2 hours. But it is a must to study daily.

How should I start preparing for bank exams?

Candidates have to attempt to make use of proper books and online study materials to prepare for various bank exams. Candidates have to exercise more from the previous years' bank query papers to recognize the syllabus and exam pattern better. They should also try to attempt mock tests to enhance speed and accuracy.

Bank Exams in India

There are various bank exams in India such as S.B.I. P.O., S.B.I. Clerk, I.B.P.S. P.O., I.B.P.S. Clerk, and many more. The exams are conducted annually depending on the number of vacancies.

Preparing Time Table

After applying for the exam, candidates should immediately start their preparation. Candidates must fix time slots for every subject. Candidates must adhere to the timetable dedicatedly to crack the bank exams in the first attempt.

Choose the Best Resource

Referring to good books or study materials will add fuel to the preparation.

Identifying and Working on Weak Areas

By going through the exam syllabus and exam pattern, candidates will be capable to know their strengths and weakness. Candidates can work in the direction of enhancing the weak areas.

Strategy for Exam

While preparing, please always write down the strategies which you will follow for the preparation and during the Exam.

Making Short Notes

While studying the chapters, note down all the important points and topics. This will assist in quick revision before the exam.

Managing the Time

There are sectional time limits. Therefore, candidates must control their time in the exam. Within the given time, candidates must answer all questions with accuracy.

Do not Guess

As there is a negative marking for every incorrect answer, candidates should not make guesses if they are not confident. Negative marking can lead to a reduction in the score.

 The best-guaranteed place for the study of Banking Course?

We can suggest a one-stop place for the preparation of Banking where you will get Current Affairs, Study Materials, Coaching, Mock-tests, Daily News, Job Notifications etc. Visit the Shomish website on:

 We wish you the Best of luck with your preparation. Feel free to contact us at 8257000711 for any confusion.