What is reserve list in IBPS? What are the chances for candidates ?

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What is reserve list in IBPS?

What is reserve list in IBPS?A reserve list to the extent of vacancies as per extant provision is drawn by the IBPS in each category subject to exigencies and availability of candidates.

In the event of Banks providing further vacancies, provisional allotment is carried out for the candidates in the reserve list subject to vacancies being provided within one year after the date of provisional allotment.

However if no vacancy is furnished by the RRBs owing to exigencies or otherwise during the validity period the candidates under the reserve list are not considered for provisional allotment.

The reserve list expires automatically. IBPS is not responsible in case the RRBs do not notify sufficient vacancies to exhaust the reserve list. Provisionally allotted candidates (subject to fulfilling all required criteria) may be posted anywhere.

What are the chances for candidates in reserve list in IBPS exams?

(i) A reserve list contains approximately 10 percent of the vacancies under each category in IBPS PO, Clerk & SPL Officer.

(ii) The candidate who did not get the final allotment during IBPS CWE V and considered under reserve list is expected to get the final selection in the next round of allotment.

When IBPS will declare Reserve List?

(i) As per the previous trends, the reserve list of IBPS CWE IV was finally declared on 31st March 2016 and it is expected that IBPS will declared the reserve list of IBPS CWE V on 31st March 2017.

(ii) In Reserve list, IBPS will allot anyone of the Participating Banks to the reserved list candidate, according to their preference and marks. It has been notice that, the reserve list candidates got their first or second preference order of the bank.

Note:

(i) As per the notification of IBPS, reserve list does not guarantee allotment to/recruitment by the Participating Organisation(s)/other financial organisations.

(ii) In the event of Participating Organisations/ other financial organisations providing vacancies during April 2016-March 2017, provisional allotment will be carried out for the candidates in the reserve list. So, you may get an allotment or may not get also.

(iii) It is important to note that if two candidates have obtained the same score, then merit order is decided as per date of birth (the candidate senior in age is placed before/ above the candidate junior in age).

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Do all the candidates in reserved list of IBPS get placed?

The candidates’ being in the reserve list does not ensure a final seat in the bank.

The reserved list makes up for 10% of the vacancies of the current year and the selection of the students is made completely on a merit basis.

 If two students stand close on merit; the allotment of the seat is made as per the age criteria. The person who is elder in age gets a seat and the younger one is left out.

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