5 Questions to decide your Dream Bank from

Hello Readers!

Ensure that you leave no stone unturned in the preparation of IBPS PO, don’t forget to register and appear for MockBank’s All India Rankers Test – IBPS PO , rank yourself against the top candidates appearing for the exam and get on the list of selected candidates for your dream bank from IBPS PO.

India is the most diverse nation on earth with thousands of languages and dialects, countless rituals and customs and peculiar cuisines. Our glorious country offers lucrative choices of posting based on your preferences. Various questions crop up a candidates mind while choosing the top bank like ‘what should be the primary parameter to choose the top bank?’ , ‘should i go for the size of bank or the growth it offers?’ or ‘should i go for metros or tier I II III cities?’ A candidate from the upper hinterlands struggles to adjust to the equitorial climates while candidates from the picturesque south  find a hard time adjusting to the extreme weather of the north. The list of distinctions is long with various factors like food, culture, clothing, festivals etc.

Picking the correct option among 23 participating banks and numerous other financial institutes can have a profound impact on the the career of the selected candidate. A posting in a favored bank can work wonders on your confidence and growth while an informed posting could land you in a no man’s land for a while and make you inept. Therefore Its incredibly important to get all the facts straight before opting the bank from your preferences.

First a list of the 23 banks participating in the IBPS PO 2015 in the alphabetical order: 

  1. Allahabad Bank
  2. Andhra Bank
  3. Bank of Baroda
  4. Bank of India
  5. Bank of Maharashtra
  6. Bharatiya Mahila Bank
  7. Canara Bank
  8. Central Bank of India
  9. Corporation Bank
  10. Dena Bank
  11. ECGC
  12. EXIM Bank
  13. IDBI Bank
  14. Indian Bank
  15. Indian Overseas Bank
  16. Oriental Bank of Commerce
  17. Punjab & Sind Bank
  18. Punjab National Bank
  19. Syndicate Bank
  20. UCO Bank
  21. Union Bank of India
  22. United Bank of India
  23. Vijaya Bank
  24. Any other bank or financial institution

To pick the right choice among the list, its imperative that you ask yourself the right questions before deciding your final choice. From all the questions that can impact a candidates profile and career we have come up with the 5 questions that you should definitely ask yourself!


1 .Do you love exploring India, connecting to people from different cultures, tasting fabulous cuisines and enjoying the diverse weather across the country?

If your answer to the above question is yes then you can pretty much opt for any of the bank listed above. Breaking free from the location parameter offers you the opportunity to live in a completely different culture and explore new places while working for the Top banks in India. You could explore the backwaters of Kerala by opting for a southern headquartered bank, venture to the highlands of Himachal , soak in the sunlight of the west or breathe the fresh airs of the north east.

But if you prefer living with your near and dear ones and the comfort of your home state you should definitely opt for a bank headquarted in your state or the one which has maximum branches in the state of your choice. Refer the list below for the places where banks are headquarted:




Mumbai Bank of India, ECGC, Central Bank of India, IDBI, Dena Bank, Union Bank of India, EXIM
Delhi Punjab National Bank, Punjab & Sind Bank, Bhartiya Mahila Bank
Chennai Indian Overseas Bank, Indian Bank
Gurgaon Oriental Bank of Commerce
Hyderabad Andhra Bank
Pune Bank of Maharashtra
Bengaluru Canara Bank Vijaya Bank
Mangalore Syndicate Bank
Manipal Corporation Bank
Vadodara Bank of Baroda

United Bank of India Allahabad bank UCO bank

2. Do you want to work in Metros or Tier II III cities  

Some people can’t just live without the hustle-bustle of the big city life. Candidates who crave the crowds and love the noise should opt for a bank in New Delhi, Chennai, Kolkata and Mumbai. Each city has its own flavor and lifestyle and promise an experience of a lifetime. You can opt for banks such as Bharatiya mahila Bank, IDBI, ECGC, EXIM Bank etc. However if you crave peace and love the nature you should opt for a bank situated in not so big cities as they give you a better shot at being at peace with yourself and the surroundings. Moreover it has to be remembered that compensation paid in metros is higher than that paid to bank employees from Tier II III and above cities. One other criteria to remember is many big banks are eyeing Tier II and III cities for growth. It makes sense to start your career at these places to facilitate future prospects of working at higher positions.

Bank Name Number of Branches
Punjab National Bank 4066
Central Bank of India 3143
Bank of Baroda 2687
Bank of India 2563
Canara Bank 2532
Union Bank of India 2095
Allahabad Bank 1932
Syndicate Bank 1897
UCO Bank 1749
India Overseas bank 1523

3. Do you prefer working in the biggest of national banks or localized banks who are much nimbler.

Some of the biggest banks like BoB, PNB, Canara Bank have more than 100 branches, complex processes and hence a longer decision making period. If you want to have  a say in the decision making atleast at the branch level you can opt for a bank where decision making is done at branch level. They have quick process and lean hierarchies. Here is a list of all the big boys of Indian Banking based on their Market Capitalization

Bank list on market cap

4. Do u prefer being transferred in the same state.

If you want to continue living in the same state for the foreseeable future then opt for a bank which has the highest number of branches in the state of your choice.  More branches mean more options where transfers can be done. Below is a list of banks with maximum branches area wise:

Maximum branches in North States:

  1. Punjab National Bank
  2. Bank of Baroda
  3. Union Bank of India
  4. Bank of India
  5. Allahabad Bank
  6. Oriental Bank of Commerce
  7. Canara Bank
  8. Corporation Bank
  9. Central Bank of India
  10. UCO Bank

Maximum branches in Eastern States:

  1. Punjab National Bank
  2. Bank of Baroda
  3. Allahabad Bank
  4. UCO Bank
  5. Union Bank of India
  6. Bank of India
  7. United Bank of India
  8. Canara Bank
  9. Punjab & Sind Bank
  10. Corporation Bank

Maximum branches in Western and Central States:

  1. Bank of Baroda
  2. Union Bank of India
  3. Punjab National Bank
  4. Indian Bank
  5. Bank of India
  6. Canara Bank
  7. Corporation Bank
  8. Indian Overseas Bank
  9. Allahabad Bank
  10. Punjab & Sind Bank

Maximum branches in Southern States:

  1. Indian Bank
  2. Indian Overseas Bank
  3. Bank of Baroda
  4. Syndicate Bank
  5. Canara Bank
  6. Corporation Bank
  7. Andhra Bank
  8. Vijaya Bank
  9. Union Bank of India
  10. Dena Bank

5. Which Sector excites you?

Different banks have different core area of operations. EXIM and ECGC are export finance banks. So if the export import sector is your preferred choice you can opt for these banks. If you want to work with the rural and micro financing you should consider working for a bank which has rural financing and more number of branches in rural areas. If investment banking excites you then you should consider banks located in Metros and other Tier I cities.

While choosing your options you have to remember that salary structure of all the banks is nearly same for entry positions.

Ultimately do deep research about your dream bank and then only take the final offer.

Have you Registered for the All India Ranker’s IBPS PO Prelims Test?

All India Rankers Test for IBPS PO Prelims


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