IBPS Clerk – II Common interview preparation

Most awaited notification for the common interviews of CWE Clerk-II is out. All the candidates who have been declared successful in CWE Clerk-II will subsequently be called for an Interview to be conducted by Banks.

Important Dates:

Download of call letters for Interview After: 01.03.2013
Conduct of Interview: 16.03.2013 onwards
Declaration of combined result of CWE and Interview: Second week of April 2013

Notification of vacancies of each of the Participating Banks: Last week of April 2013
Registration of order of preference for banks by the successful candidates: First week of May 2013
Allotment: Last week of May 2013
clerk 2013

Note that:

  • Email and sms intimation regarding the date, time and centre of Interview will be sent to candidates to the details specified by the candidate in the online application form while registering for CWE Clerk-II.
  • Candidates must necessarily produce the relevant documents in original and a photocopy in support of their identity and eligibility pertaining to category, nationality, age, educational qualifications, qualifying marks, etc.
  • On completion of the interview process  IBPS will publish notification giving the state-wise and categorywise vacancies in Participating PSBs.
  • Same procedure as done for CWE PO-II for registration will be followed to obtain the order of preference of banks through a registration process which will be available on IBPS website.
  • Based on merit cum preference, candidates, successful in both the CWE-Clerk-II and Interview may receive an offer from one of the Participating PSBs, depending on the vacancies in each bank of his/ her preference.
  • Vacancies remaining unfilled on account of candidates declining offer, will be filled from among the remaining candidates, through subsequent iterations.

Read from here detailed notice published on IBPS website

Download CWE Clerks Phase II Common Interview Call Letter from here.

How to prepare for Interview???

How To Behave Inside Interview Hall

  • You have to be very careful about the knowledge and presentation at the time of attending your interview. Just be sure of your intellectual skills firstly and have enough confidence so that no one can see that you are getting nervous.
  • Interview is the ending part of the process of selection so that counts several features like your confidence, knowledge, your behavior, attitude etc.
  • As you enter the interview hall and come across the interview panel members, just wish them good morning / noon as per the timings. There should be sweetness dissolved in your voice with softness. And sit confidently after they offered you.
  • While having your seat, avoid making noise of the chair and sit straight with your arms on the armrest. Do not lean or stoop forward as it looks awkward.
  • Now, its turn for the interviewer to proceed further. Never try to start yourself. Wait until he/she goes through your resume and then start answering their questions confidently.
  • Be clear and bold in your way of answering to them. Do not give long or too short answers. Speak just as it is required. If you don’t know the answer, tell them without giving wrong or incorrect information.
  • Just be honest and try to answer confidently. While answering, avoid looking here and there or around the room. Just have eye contact with the interviewer .this shows your self confidence and your positive attitude.
  • While giving the answers, don’t try to show that you are fully aware and making haste in answering it. Just be patient and calm and answer it correctly. Don’t try to be fake and vague.
  • At the last, when interviewer ends the interview, just wish them and leave the hall silently.

Query on how should I present myself in front of the judging panel?

Ans: You should be correct on time and keep an eye on your documents that they are properly stacked according to preference or not. It shows a disciplined character of the candidate towards the panel. Dress up in formals and keep hairs and nails neat and clean. When you are to enter the room, ask for permission in a calm yet confident tone. And ask if you can seat when you go in front of them, sit when they ask you to sit. Calmly be firm and straight in your posture and look towards everyone when answering their questions. This makes the judging panel feel that you are confident and ready to answer them. Also it shows your clarity on the subject and makes them interested towards you, which is very important for any type of interview.

Introduce yourself.

Ans: The judging panel has an introductory common question and that is your introduction. Be careful not just to get over the question and say your normal answer which you have been doing so far to relatives and people. Be frank and besides your educational and personal background, say about some sort of achievements that have made you more regularized and strong as a person. But do not just say I have achieved this and that, rather say I have been given this award for my this and that effort. That will make them feel that you are not too much boasting and you are truly a genius.

Why you have chosen banking career after 10+2 or graduation, why not your related field?

Ans: It will be the most common and mark scoring question in the coming IBPS clerical 2012 interviews. The IBPS clerk interview pattern holds the successful key here. Start with saying like,” I have always seen the potential in the banking sector, be it a recession or slowdown, banks have always topped the chart in regular business with no downfall. It also has a great career development potential that no other industry can provide. I feel that the education I have achieved so far, more or less I can contribute from my knowledge to the banking sector and make the personal as well as organizational mutual development.” This will show the judgment panel that you are clear cut about your objective and have no hesitations in your aim.

Question about banking and its current affairs:

Ans: There will be some questions on banking related knowledge and current affairs related to banking. So get over some books that have current affairs on banking.Banking Interviews: IBPS PO/Clerk  is a good book for the clerical bank related questions.You may also refer Indian Economy 4th Edition   and go through following chapters banking,security market,insurance,money and capital market,taxation etc.

Questions on current RBI regulatory policies, recession and its affects and basic banking terms  will be asked. So prepare for these type of questions and answer fluently. If you cannot say them that you are unable to, but do not hesitate. That will make a wrong impression of your confidence.

If you are selected, what are your future plans and how that will help the bank growth?

Ans This is also an important question that has been quite difficult to answer for some people at that instant moment. Start with, “Sir, because I see the banking sector as the bond of an individual as well as mutual relationship, it makes a great amount of sense that cooperation and customer satisfaction will be my top priority. I will work over customer and official work satisfaction and also keep an eye on the bank business requirements. I will be more than happy if I can serve the bank in different roles as and when the need arise. As I will be commited purely on my work and organization business needs, I think bank will grow more than the expectations with proper mutual cooperation. Not only it will serve the purpose of bank business growth, but will also develop my working skills and personal attitude.

There can be more questions about family and relationships, IQ related questions and general knowledge. But the most important fact is whatever be the question, be confident and answer with a smiling face. Remember, many questions are asked just to confuse you and make you pressurized, as the judges want to see how you can handle the situation. So, be calm and confident in the IBPS clerk 2012 interviews. IBPS interviews are there for scoring marks, not to downgrade you. So, get the most out of yourself and take on the first step to a successful bank career.

Sample questions:

director of sebi - UK Sinha

CEO of NSE - Chitra Ramkrishna

RBI Governor - DR. D Subbarao

RBI Dy. Governor - Urijit Patel

finance secretory - RS Gujral

IRDA chairman - TS Vijayan

SBi chairman - Pratip Chaudhari


WHAT Do you know about MOBILE BANKING?

difference between private and nationalised banks?

What are scheduled banks?

what have to do if we found a fake note?

Changes made recently to cheques???(CTS implementation)

What is MICR?

what is ATM

What are different modes of Electronic transfer - NEFT,RTGS,IMPS?

what is bearer cheque

difference between cheque and draft

what will you do if you have received a fake note from customer?

what is SBI slogan

how do you feel after entering a private bank and public sector bank ?

What is Contingent Liability?

what is the product of money market?

what is monetary policy?

What is financial inclusion?

Validity of cheque - 3 Months(from 1 April 2012)

NPA - Non performing assets

Banking amendment bill,2011???

what is inflation?

Banking Terms:

RBI – The Reserve Bank of India is the apex bank of the country, which was constituted under the RBI Act, 1934 to regulate the other banks, issue of bank notes and maintenance of reserves with a view to securing the monetary stability in India.

Demand Deposit – A Demand deposit is the one which can be withdrawn at any time, without any notice or penalty; e.g. money deposited in a checking account or savings account in a bank.

Time Deposit – Time deposit is a money deposit at a banking institution that cannot be withdrawn for a certain “term” or period of time. When the term is over it can be withdrawn or it can be held for another term.

Fixed Deposits – FDs are the deposits that are repayable on fixed maturity date along with the principal and agreed interest rate for the period. Banks pay higher interest rates on FDs than the savings bank account.

Recurring Deposits – These are also called cumulative deposits and in recurring deposit accounts, a certain amounts of savings are required to be compulsorily deposited at specific intervals for a specified period.

Savings Account – Savings account is an account generally maintained by retail customers that deposit money (i.e. their savings) and can withdraw them whenever they need. Funds in these accounts are subjected to low rates of interest.

Current Accounts – These accounts are maintained by the corporate clients that may be operated any number of times in a day. There is a maintenance charge for the current accounts for which the holders enjoy facilities of easy handling, overdraft facility etc.

FCNR Accounts – Foreign Currency Non-Resident accounts are the ones that are maintained by the NRIs in foreign currencies like USD, DM, and GBP etc. The account is a term deposit with interest rates linked to the international rates of interest of the respective currencies.

NRE Accounts – Non-Resident External accounts are the ones in which NRIs remit money in any permitted foreign currency and the remittance is converted to Indian rupees for credit to NRE accounts. The accounts can be in the form of current, saving, FDs, recurring deposits. The interest rates and other terms of these accounts are as per the RBI directives.

Cheque Book – A small, bound booklet of cheques. A cheque is a piece of paper produced by your bank with your account number, sort-code and cheque number printed on it. The account number distinguishes your account from other accounts; the sort-code is your bank’s special code which distinguishes it from any other bank.

Cheque Clearing – This is the process of getting the money from the cheque-writer’s account into the cheque receiver’s account.

 Clearing Bank – This is a bank that can clear funds between banks. For general purposes, this is any institution which we know of as a bank or as a provider of banking services.

Bounced Cheque – when the bank has not enough funds in the relevant account or the account holder requests that the cheque is bounced (under exceptional circumstances) then the bank will return the cheque to the account holder.

 Credit Rating – This is the rating which an individual (or company) gets from the credit industry. This is obtained by the individual’s credit history, the details of which are available from specialist organisations like CRISIL in India.

 Credit-Worthiness – This is the judgement of an organization which is assessing whether or not to take a particular individual on as a customer. An individual might be considered credit-worthy by one organisation but not by another. Much depends on whether an organization is involved with high risk customers or not.

 Interest – The amount paid or charged on money over time. If you borrow money interest will be charged on the loan. If you invest money, interest will be paid (where appropriate to the investment).

 Overdraft – This is when a person has a minus figure in their account. It can be authorized (agreed to in advance or retrospect) or unauthorized (where the bank has not agreed to the overdraft either because the account holder represents too great a risk to lend to in this way or because the account holder has not asked for an overdraft facility).

 Payee – The person who receives a payment. This often applies to cheques. If you receive a cheque you are the payee and the person or company who wrote the cheque is the payer.

 Payer – The person who makes a payment. This often applies to cheques. If you write a cheque you are the payer and the recipient of the cheque is the payee.

 Security for Loans – Where large loans are required the lending institution often needs to have a guarantee that the loan will be paid back. This takes the form of a large item of capital outlay (typically a house) which is owned or partly owned and the amount owned is at least equivalent to the loan required.

 Internet Banking – Online banking (or Internet banking) allows customers to conduct financial transactions on a secure website operated by the bank.

Credit Card – A credit card is one of the systems of payments named after the small plastic card issued to users of the system. It is a card entitling its holder to buy goods and services based on the holder’s promise to pay for these goods and services.

 Debit Card – Debit card allows for direct withdrawal of funds from customers bank accounts. The spending limit is determined by the available balance in the account.

 Loan – A loan is a type of debt.  In a loan, the borrower initially receives or borrows an amount of money, called the principal, from the lender, and is obligated to pay back or repay an equal amount of money to the lender at a later time. There are different kinds of loan such as the house loan, auto loan etc.

 Bank Rate – This is the rate at which central bank (RBI) lends money to other banks or financial institutions.   If the bank rate goes up, long-term interest rates also tend to move up, and vice-versa.

CRR – Cash reserve Ratio (CRR) is the amount of funds that the banks have to keep with RBI. If RBI decides to increase the percent of this, the available amount with the banks comes down. RBI is using this method (increase of CRR rate), to drain out the excessive money from the banks.

 SLR – SLR stands for Statutory Liquidity Ratio. This term is used by bankers and indicates the minimum percentage of deposits that the bank has to maintain in form of gold, cash or other approved securities.  Thus, we can say that it is ratio of cash and some other approved to liabilities (deposits). It regulates the credit growth in India.

 ATM – An automated teller machine (ATM) is a computerised telecommunications device that provides the clients with access to financial transactions in a public space without the need for a cashier, human clerk or bank teller. On most modern ATMs, the customer is identified by inserting a plastic ATM card with a magnetic stripe or a plastic smart card with a chip, that contains a unique card number and some security information such as an expiration date or CVV. Authentication is provided by the customer entering a personal identification number (PIN)

REPO RATE: – Under repo transaction the borrower places with the lender certain acceptable securities against funds received and agree to reverse this transaction on a predetermined future date at agreed interest cost. Repo rate is also called (repurchase agreement or repurchase option).

REVERSE REPO RATE: – is the interest rate earned by the bank for lending money tothe RBI in exchange of govt. securities or “lender buys securities with agreement to sell them back at a predetermined rate”.

CASH RESERVE RATIO: – specifies the percentage of their total deposits the commercial bank must keep with central bank or RBI. Higher the CRR lower will be the capacity of bank to create credit.

SLR: – known as Statutorily Liquidity Ratio. Each bank is required statutorily maintain a prescribed minimum proportion of its demand and time liabilities in the form of designated liquid asset.


“Every bank has to maintain a percentage of its demand and time liabilities by way of cash, gold etc”.

BANK RATE: – is the rate of interest which is charged by RBI on its advances to commercial banks. When reserve bank desires to restrict expansion of credit it raises the bank rate there by making the credit costlier to commercial bank.

OVERDRAFT:- It is the loan facility on customer current account at a bank permitting him to overdraw up to a certain agreed limit for a agreed period ,interest is payable only on the amount of loan taken up.

PRIME LENDING RATE: It is the rate at which commercial banks give loan to its prime customers.


173 thoughts on “IBPS Clerk – II Common interview preparation

  1. sorry admin what is the minimum mark for getting allotment order in tamilnadu OBC cast…..PLEASE reply admin sir…..Because you said 60.6 also have a less chance….I am scoring only 59.8.so ple reply me….This is my future….ple reply admin….

  2. Hi lakshmi
    cool wait and see MIN and MAX cutoff for OBC in IBPS phase2 .It will be declared soon. In tamilnadu most of candidates have below 60.so you have a chance for getting job . Don’t give up prepare well

  3. Sir
    My doubt is regarding qualification for ibps clerk2013- in the notification it has been given, that a candidate applying for a particular state/ut should know to read/write/speak official language of that state. I applied in tamil nadu n secured 59.60 score, but i dont know to read or write tamil, i can very well speak in tamil. Pls let me know if this will affect my chance of getting posting.

      • Admin will you plz help me? I m very comfused… plz make me clear. Actly today I have seen minimum cutoff of West Bengal for SC is 56.80. But I got 56.20. I am confused plzz help me plz tell will I get job aur not? Is there any chance of second list from ibps?

  4. hello sir
    my % in ibps clerical is 61.80 I belong to sc cat up. in merit the highest score for sc in up is 70 and minimum is 57
    what’s my chance

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