My IBPS PO IV Interview Experience.

My IBPS PO Interview Experience – Abhinav Sharma

Degree: B.Sc-IT

Date: 27^th January, 2015

Time: 1 PM, Panel - IV

Venue: White House, Patna

Document verification by 4:15. Till then 2 of the munna bhai were sent home.

Sitting on sofa and waiting for my turn. I was 2^nd last in my panel.

My turn came around 5:33PM

May I come in sir.

Chairman: Yes

(Entered and wished mam first and then other members. Chairman asked to sit.)

Chairman was in middle. On the left of him was another person (m1), a lady aged 40 was at extreme left. At the right of chairman was another person (m2).

Chairman: So Abhinav, Introduce yourself.

Me: Replied. The last line was, “I hold 15 mon exp in SEO from Semsols Technologies”

Chairman: What? What have you done?

Me: Sir I hold 15 mon exp in SEO from Semsols Technologies.

Chairman: What is this?

Me: Explained.

Chairman (In loud voice): What is the use of your experience of SEO in banking? How will it help us? If a person of management joins defense then what he will do there, he will be useless. If you have to join bank then why did you joined this company. Now why are coming to this sector with SEO experience. You can join some company in Bangalore, get handsome salary and live with your family happily. Why are you coming in this sector? Tell me how you will be useful, what is the use of your experience here?

(He didn’t let me speak, he was demoralizing me)

Me: Sir now I am well aware about corporate culture, I know how to keep personal life and professional life away from each other and work accordingly.

Chairman: What personal life? Do you have any idea about personal life of banker? He goes to bank at 9.30 and returns at 9 PM. This is what he does. No family at all. You have such an experience, you should be in your field only. Are you still employed?

Me: No sir.

Chairman: You left job. Why?

Me: Sir I joined the company because I wanted to learn SEO. I didn’t wanted to establish my career in that sector.

Chairman: You have invested your 15 mon in SEO and now you want to come in banking. Here also you will work for 15 mon, take the experience and then you will leave. Why should we take you? Anyway, we don’t know anything about your field, now let me check if you know anything about our field, do you know about banking?

Me: Yes sir.

Chairman: Ok. In Jandhan Yojna, there are 11.8 crore  a/c out of which 9 crore are No-Frill a/c. Where is the benefit of bank? Tell me.

Me: Sir first of all bank will have customer. (chairman interrupted)

Chairman: What customer? All with zero balance?

M2: What will we do with 0 balances? Where is the benefit?

Me: Sir Government will deposit the subsidiary in the a/c of those people. (Chairman interrupted)

Chairman: What subsidiary? Government will deposit 500 and the next day the beneficiary will withdraw? Where is the benefit?

Me: Sir government deposits 426 Rs as LPG subsidiary (just took fake figure) but we can’t withdraw all of them. We can withdraw only 400. 26Rs will still be there in the a/c.

Madam: Ok. We will count the pennies.

Chairman: Tell me more.

Me: Sir CASA will increase. (chairman interrupted, he was not letting me speak)

Chairman: What is CASA?

Me: Explained

Chairman: How CASA is beneficial for bank?

Me: Explained

Chairman: Ok. Tell me more points that how jan dhan is beneficial for us. Think. What more u have learnt, think about them?

Me: Sir, the a/c have 0 balance right now but this doesn’t mean that in future it will have 0 balance. When financial condition of the customer will increase then they will deposit the money in the bank. And right now with 1.5 to 2 crore a/c, bank have more than 8 and half thousand crore as deposit. So when the entire person will start depositing then certainly the amount will grow and we should be optimistic about everything.

Chairman: Ok. You know the deposited amount as well. Means you have read somewhere?

Me: just gave a smile.

Chairman: Good.

M2: abhon fkdfkdj nnksdfk what will you do for them?

Me: Sorry sir.

M2: You see beggars on the road. You see them at temples. As a banker what will you do for them?

(I was speechless. I was quite and thinking, was trying my best to come up with ans. Suddenly chairman interrupted.)

Chairman: Tell me what will you do? Or will you do nothing?

Me: yes sir I will do.

Chairman: Saying yes here will not help them, tell me if you have any idea?

Me: Sir I will open jan dhan a/c for them.

M1: How it will help them? Do they have money? It will be no frill a/c.

Chairman: Tell me more.

M2: What else will you do?

Me: (Really I was speechless, I wanted to quit but I gave last try and I came up with SHG). Sir I will make them form SHG.

Chairman: What is SHG?

Me: Sir Self Help Group is a group of 10-15 people (Interrupted by M1)

M1: 10 or 15?

Me: There is no defined figure for this. (M1 was trying to interrupt but chairman interrupted him)

Chairman to M1: leave it, there is exact figure, he doesn’t know.

Chairman to me: Tell me what were u saying.

Me: explained SHG.

Now it was rapid fire time. Chairman asked me 3 questions back to back in loud voice. 2 of them were from banking which I don’t remember and 1 from family i.e. what is your father and mother? I didn’t realized that it was rapid fire so I answered only last ques. Later on I realized my mistake.

Chairman: So you belong to DIG?

Me: Sorry sir.

Chairman: Double Income Group. Your father and mother both are working. You must be having Smartphone?

Me: No sir.

Chairman: What? Every candidate here is having smartphone but you don’t. Amazing.

(everyone’s face was like they have seen 8^th wonder of world)

Chairman to lady: Madam, now you ask. The boy has analytical power.

Me: Looked to mam with smiling face.

Madam: Tell me about commercial bank?

Me: Told

But the chairman was again unhappy and started pointing out about neft, rtgs, internet banking, merchant banking, etc.

Chairman: What is ATM?

Me: Explained.

Chairman: What is virtual banking?

Me: Explained.

Chairman: What is merchant bank?

Me: Sir the bank which provides commercial banking as well as consultancy services (Chairman interrupted).

Chairman: Consultancy for what?

Me: For starting any business or for investing like mutual funds, etc.

Chairman: Good. Fine with all these. Now do you have any interest in history? Do you know anything in history?

Me: Ask me sir (I had no choice).

Chairman: Name of Maharana Pratap horse?

Me: Chetak but not sure.

Chairman: Where was the battle between Maharana Pratap and Akbar fought?

Me: Haldi ghati.

Chairman: Where is it?

Me: Rajasthan.

Chairman: Where in Rajasthan?

Me: No idea sir.

Chairman: That’s all. You may go now Abhinav.

Me: Thank you to all of you sir and thank you mam.

And  I left. 

Conclusion: Friends my view is that that they check your confidence, they don’t check your theoretical knowledge but practical knowledge. They check your response when you are under pressure. Just don’t quit, keep thinking, you will definitely come-up with ideas.