How to fill Bank Preference in IBPS SO V 2015

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How to fill bank preferences in IBPS SO V

When you login to IBPS website to register for IBPS SO 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

Best Banks for North India (Delhi, Punjab, UP, UK, J&K, HP, Haryana)

1. ECGC

2. Punjab National Bank,

3. Bhartiya Mahila Bank,

4. Bank of Baroda,

5. Oriental Bank of Commerce,

6. Allahabad Bank,

7. IDBI Bank,

8. Punjab & Sind Bank,

9. Canara Bank,

Best Banks for East & North East India (Odisha, West Bengal, Bihar, Jharkhand)

1. Allahabad Bank,

2. Bank of India,

3. Bank of Baroda,

4. UCO Bank,

5. United Bank of India,

6. Canara Bank,

7. Union Bank,

Best Banks for West & Central India (Chhattisgarh, Maharashtra, Gujarat, MP, Goa, Rajasthan)

1. Bank of Baroda,

2. IDBI Bank,

3. Dena Bank,

4. Bank of Maharashtra,

5. Canara Bank,

6. Indian Overseas Bank,

7. Exim Bank,

8. Corporation Bank

Best Banks for South India (Andhra Pradesh, Telangana, Karnataka, Tamil Nadu, Kerala)

1. Andhra Bank,

2. Indian Bank,

3. Vijaya Bank,

4. Indian Overseas Bank,

5. Canara Bank,

6. Corporation Bank,

7. Exim Bank,

8. Syndicate Bank

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.