CANARA BANK PO (PGDBF) EXAM 2018 – COMMON FAQ’S

Dear Bankersdaily Aspirant,

Canara Bank , a leading Public sector bank has announced the recruitment for the PO postings which will be filled through  the PGDBF (Post Graduate Diploma in Banking and Finance). Canara Bank is headquartered in Bengaluru and as like Syndicate Bank , this recruitment too follows the PGDBF pattern , where the candidates who gets selected in the exams and interviews will attend a one year course and candidates who finish the course will be posted as PO.

The candidates will study the Post Graduate Diploma in Finance and banking (PGDBF) either through Manipal Global Education Services Pvt Ltd which is in Bengaluru or through NITTE Education International Pvt Ltd which is in Mangaluru. The candidates who finish the course would be appointed in Canara Bank as Probationary officer in Junior Management Grade Scale – I.

When there were anxiety about the future of the Banking Exam and other exams, lots of notifications are released from the start of this year and this had brought the much needed enthusiasm among the candidates. So the first step in attaining the winning process is to apply for the exams and while the process of applying is simple , the notification has some of the questions which are complicated. Therefore we thought of enlightening your queries which will be useful for you while applying for the CANARA BANK PO (PGDBF) EXAM 2018. So here goes the Common FAQ’S for the CANARA BANK PO (PGDBF) EXAM 2018.

Q1. What is the total number of vacancies available for the CANARA BANK PO (PGDBF) EXAM 2018 ?

The total number of vacancies available for CANARA BANK PO (PGDBF) EXAM 2018 is 400 and the number of vacancies available for individual categories are

Q2. What is the educational qualification to apply for the CANARA BANK PO (PGDBF) EXAM 2018 ?

A candidate has to be a graduate to apply for the CANARA BANK PO (PGDBF) EXAM 2018. Also the candidate should possess a degree with minimum 60% marks (General and others) and 55% (for SC/ST/PWBD).

Q3. What is the minimum age qualification to apply for the CANARA BANK PO (PGDBF) EXAM 2018 ?

The minimum age to apply for the CANARA BANK PO(PGDBF) EXAM 2018 is 20 and the maximum age to apply of the CANARA BANK PO (PGDBF) EXAM is 30.

Note :  A candidate must have been born not earlier than 02.01.1988 and not later than 01.01.1998 (both days inclusive)

Q4. As usual this questions throngs everyone , 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.

Q5. Another popular question which is common for every exams is , 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  01.01.2018.

Q6. 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.

Q7. What is the course Fee for the CANARA BANK PO (PGDBF) course ?

The course fee for the CANARA BANK PO (PGDBF) course is given as follows .

Q8. 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).

Q9. 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.

Q10. 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.

Q11. 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.

Q12. 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.

Q13. What is the Exam patter of the CANARA BANK PO (PGDBF) EXAM 2018 Prelims ?

The Exam Pattern of the prelims exam CANARA BANK PO (PGDBF) 2018 is as follows and the total time period for the Prelims Exam is “composite time of 2 Hours”

Q14. 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.

Q15. 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.

Q16. 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.

Q17. What is the Application fee to apply for the CANARA BANK PO (PGDBF) EXAM 2018 ?

The application fee to apply for the CANARA BANK PO (PGDBF) EXAM 2018 is as follows.

For SC/ST/PWBD – Rs. 118 (which includes GST @ 18%)

For Others – Rs. 708 (which also includes GST @ 18%)

Q18. 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

APPLY NOW – CANARA BANK PO (PGDBF) EXAM 2018

Q19. What are the important Dates regarding the CANARA BANK PO (PGDBF) EXAM 2018 ? 

The important dates  regrading the Canara Bank PO , Post Graduate Diploma in Banking and Finance, Exam 2018 from the below table.

Q20. 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.

You can download the Notification of the CANARA BANK PO 2018 PGDBF from the link that is given below. 

CHECK NOW – OFFICIAL NOTIFICATION – CANARA BANK PO (PGDBF) 2018

Aspirants can check the application link too apply for the CANARA BANK PO (PGDBF) EXAM 2018 from the link provided below.

APPLY ONLINE – CANARA BANK PO (PGDBF) EXAM 2018