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Lakshmi Vilas Bank PO 2023: Latest News, Eligibility, Salary & Vacancy

May 8, 2024

Table of Contents

Table of Contents

LVB PO 2023 is a competitive exam conducted by Lakshmi Vilas Bank to recruit candidates for the Probationary Officer (PO) position in various branches across India. The exam is conducted in multiple phases, including a written exam, group discussion, and personal interview. Simply put, the Lakshmi Vilas Bank is a private sector bank in India and has been conducting the LVB PO exam to select eligible candidates for the post of Probationary Officer for many years. The exam is highly competitive and attracts many candidates from all over the country.

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Lakshmi Vilas Bank PO

Candidates looking forward to the latest dates for the Laxmi Vilas Bank PO 2023 exam should note that the dates are yet to be announced by the conducting body. However, based on the trends of the previous years, the exam is expected to be conducted in the first quarter of 2023. The Lakshmi Vilas Bank PO recruitment will also be announced along with the official LVB notification. Candidates can apply for the exam based on their eligibility criteria. Candidates interested in appearing for the exam should check the official website of Lakshmi Vilas Bank for the latest updates.

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About Laxmi Vilas Bank

Lakshmi Vilas Bank is a reputed Bank and was founded on November 3, 1926, under the Indian Companies Act, 1913, and obtained the certificate to commence business on November 10, 1923. The bank obtained its banking license from RBI on June 19, 1958; on August 11, 1958, it became a “Scheduled Commercial Bank.” The main founder of this bank is Shri V. S. N.  Ramblings Chettiar. The bank has 566 branches in 19 states of India, and one union territory.

Name of the BankLakshmi Vilas Bank
TypePrivate Sector Bank
Founded on3 November 1926
HeadquarterChennai, TamilNadu
PurposeRecruitment of Banking Personnel
CEOShri Subramanian Sundar
Area servedIndia

LVB PO 2023: Overview

Here is some quick information regarding LVB PO 2023 examination:

Exam NameLaxmi Vilas Bank Probationary Officer 2023
OrganizationLakshmi Vilas Bank
Post NameProbationary Officer
VacancyTo be announced
Exam DateTo be announced
Participating BodiesNot Applicable
Application ModeOnline
Exam ModeOnline
Recruitment ProcessWritten Exam, Group Discussion, Personal Interview
Education QualificationsGraduate from a recognized university
Age Limit20-28 years
SalaryINR 4-5 lakhs per annum
Official Websitehttps://www.lvbank.com/

Note: The above information is subject to change per the conducting body’s decision. Candidates are advised to check the official website regularly for the latest updates.

Lakshmi Vilas Bank PO Notification 2023

The bank is yet to release LVB PO notification this year but candidates can refer to the previous year notification.

Laxmi-Vilas-Bank-PO-Notification-2023

LVB PO Exam Dates 2023

The announcement of the dates related to the examination will be updated very soon on its official website. Here is the LVB PO exam date schedule you should keep in mind:

EventsImportant Dates
Release of Lakshmi Vilas Bank PO Official NotificationTo be notified
Beginning of the Application ProcessTo be notified
Last Date for Application ProcessTo be notified
Admit Card 2023 Release DateTo be notified
Lakshmi Vilas Bank PO ExaminationTo be notified
Lakshmi Vilas Bank PO 2023 Results AnnouncementTo be notified

LVB PO 2023 Eligibility

The conducting body, Lakshmi Vilas Bank, determines the eligibility criteria for the Laxmi Vilas Bank PO 2023 exam. Candidates who meet the following criteria are eligible to apply for the exam:

LVB PO Age Limit:

The candidate should be between 20 to 28 years as of the date mentioned in the official LVB notification. However, age relaxation is provided to candidates belonging to certain categories. The age relaxation for SC/ST candidates is five years; for OBC candidates, it is three years; for PWD candidates, it is ten. The age relaxation for ex-servicemen is as per the government rules.

Educational Qualification:

The candidate should have completed graduation from a recognized university or any equivalent qualification recognized by the government of India. Candidates in their final year of graduation and waiting for their results can also apply for the exam. However, they must produce their final year results during the personal interview round.

Nationality / Citizenship:

The candidate should be a citizen of India. Candidates who are a subject of Nepal or Bhutan or a Tibetan refugee who came to India before January 1, 1962, intending to settle in India permanently, can also apply for the exam. Candidates who are of Indian origin but have migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, the United Republic of Tanzania (formerly Tanganyika and Zanzibar), Zambia, Malawi, Zaire, Ethiopia, and Vietnam intending to settle in India permanently are also eligible to apply for the exam.

The eligibility mentioned above criteria is mandatory for all candidates to fulfill. Candidates not meeting the above criteria are not eligible to apply for the LVB PO 2023 exam. The candidates should review the eligibility criteria mentioned in the official notification before applying for the exam. Candidates who meet the eligibility criteria can apply for the exam online by visiting the official website of Lakshmi Vilas Bank.

LVB PO Application Form

Laxmi Vilas Bank PO 2023 application process is conducted online through the official website of Lakshmi Vilas Bank. Candidates who meet the eligibility criteria can follow the below-mentioned steps to apply for the exam:

LVB PO Application fees

The LVB PO 2023 exam application fee is expected to be Rs. 700 for general category candidates and Rs. 350 for SC/ST category candidates. It will be mentioned in the official LVB notification. The fees can be paid online through the official website of the bank. Candidates belonging to reserved categories will be given a certain amount of relaxation in the application fees. Students have to go to the website and look for Lakshmi Vilas Bank PO apply online.

How to apply for LVB PO ?

  1. Visit the official website of Lakshmi Vilas Bank.
  2. Click on the ‘Career’ section available on the homepage.
  3. Search for the LVB PO 2023 recruitment notification and click on it.
  4. Read the notification carefully and ensure that you meet the eligibility criteria.
  5. Click on the ‘Apply Now’ button to begin the application process.
  6. Fill in all the mandatory details such as personal details, educational qualifications, work experience, and other required details.
  7. Upload all the required documents such as passport size photograph, signature, and other required documents.
  8. Pay the application fees online through the official website of the bank.
  9. Once the application fees are paid, take a printout of the application form for future reference.

Candidates must provide accurate and valid information while filling out the application form. Any incorrect or false information provided in the application form will lead to the cancellation of the candidature. Candidates must also keep all the required documents handy before beginning the application process. The last date to apply for the Laxmi Vilas Bank PO 2023 exam will be mentioned in the official notification. Candidates are advised to complete the application process before the deadline.

Lakshmi Vilas Bank PO Vacancy:

There is no specific notification regarding their vacancies. They will soon declare the total vacancies through online notification. Therefore candidates have to wait till further notifications from the official site are released.

Laxmi Vilas Bank PO Admit Card

LVB PO Admit Card is a crucial document that candidates must carry to the examination center to appear for the exam. The release date for the Laxmi Vilas Bank PO 2023 Admit Card will be mentioned in the official notification.

Admit Card Details

The LVB PO Admit Card will contain important details such as the name of the candidate, roll number, photograph, exam center, date and time of the exam, and other necessary instructions for the exam day. Candidates are advised to carefully check all the details mentioned in the admit card and ensure that all the information is correct.

How to download the Admit Card?

Candidates can download the Laxmi Vilas Bank PO 2023 Admit Card by following the below-mentioned steps:

  1. Visit the official website of Lakshmi Vilas Bank.
  2. Click on the ‘Career’ section available on the homepage.
  3. Search for the link to download the LVB PO 2023 Admit Card and click on it.
  4. Enter the required details, such as the registration number and password.
  5. Click on the ‘Submit’ button.
  6. The LVB PO 2023 Admit Card will be displayed on the screen.
  7. Download and take a printout of the Admit Card for future reference.
  8. Candidates are advised to keep the admit card safe and carry it to the examination center without fail.

LVB PO Exam Centres

The list of exam centers for LVB PO 2023 will be mentioned in the official notification. The exam center details will be mentioned on the admit card, and candidates are advised to check the details mentioned on the admit card carefully. The table below provides a list of exam centers that were mentioned in the previous year’s notification for the LVB PO exam:

StateExam Centre
Andhra PradeshGuntur, Kurnool, Nellore, Rajahmundry, Tirupati, Vijayawada, Vishakapatnam
KarnatakaBengaluru, Mangaluru
KeralaKochi, Thiruvananthapuram
Tamil NaduChennai, Coimbatore, Erode, Kumbakonam, Madurai, Nagercoil, Salem, Thanjavur, Tirunelveli, Trichy, Vellore
TelanganaHyderabad
MaharashtraMumbai, Pune
Work from Home, on your Own Schedule

LVB PO Exam Pattern

Most of the students get confused when it comes to the exam pattern for LVB PO 2023. The Lakshmi Vilas Bank Probationary Officer selection process is conducted in 2 stages. In the first stage, the candidates have to give a written test and in the second stage, there will be a personal interview. Candidates must clear both stages to become a Probationary Officer in Lakshmi Vilas Bank. The selection will depend on the merit list released by the bank. The table below will help you understand the written test pattern easily.

SubjectNo. of QuestionsMaximum Marks
Numerical Ability2020
Analytical Ability2020
Verbal Ability3030
Banking Awareness4040
Computer Awareness1010
General Knowledge3030
Total150150

A total of 150 questions are asked. Candidates have to attend to the questions within 90 minutes. There will be questions from different sections like Numeric Ability, Analytical Ability, Verbal Ability, Computer Awareness, and General Knowledge.

LVB PO 2023 Syllabus

The Laxmi Vilas Bank PO 2023 exam syllabus covers a wide range of topics such as Reasoning, Quantitative Aptitude, English Language, General Awareness, and Computer Knowledge. Candidates are advised to understand the syllabus to prepare for the exam. The syllabus includes topics like number series, puzzles, profit and loss, sentence correction, reading comprehension, banking and financial awareness, computer fundamentals, etc. It is essential to go through the syllabus thoroughly and make a study plan accordingly to score well in the exam. Have a look at the below-mentioned table to understand the syllabus.

SectionTopics
English LanguageVocabulary, Grammar, Reading Comprehension, Para jumbles, Fill in the blanks, Cloze test, Error detection, Phrase Replacement, Sentence Rearrangement
Reasoning AbilityPuzzles, Seating Arrangement, Syllogism, Inequality, Coding-Decoding, Blood Relations, Direction Sense, Data Sufficiency, Order and Ranking
Quantitative AptitudeNumber Series, Simplification/ Approximation, Quadratic Equation, Data Interpretation, Arithmetic Topics (Average, Percentage, Ratio, and Proportion, Problem on Ages, Time and Work, Pipe and Cistern, Speed Distance and Time, Profit and Loss, Simple and Compound Interest)
General AwarenessCurrent Affairs, Banking Awareness, Static GK (Indian History, Indian Polity, Geography, Economy, Miscellaneous)

Note: The above table is not an exhaustive list, and the conducting body may change the syllabus at its discretion. Candidates should refer to the official notification for the most updated and accurate syllabus.

LVB PO 2023 Result And Cutoffs

The Lakshmi Vilas Bank PO cut-off and results are two of the most anticipated information for candidates who have appeared for the exam. Read below to know all about it.

LVB PO 2023 Results

The results for LVB PO 2023 will be released in different phases. The result for the preliminary exam is expected to be declared in the first week of June 2023, and the result for the main exam is expected to be declared in the last week of July 2023. The exact dates for the result declaration will be updated on the official website of LVB PO 2023. Candidates can check their results by visiting the official website and entering their roll number and other required details. If the candidate is shortlisted for the interview, the call letter for the same will also be available on the official website.

LVB PO 2023 Cutoffs

The Lakshmi Vilas Bank PO cut off will be released along with the result. The cutoffs are the minimum qualifying marks a candidate needs to score to qualify for the next exam phase. The cutoffs are released for different categories, including general, OBC, SC, ST, etc. The Lakshmi Vilas Bank PO cut off for the previous year are as follows:

CategoryCutoff Score (Out of 200)
General105.75
OBC98.50
SC87.75
ST72.25

LVB PO 2023 Salary Structure

The salary structure for LVB PO 2023 is as follows:

ComponentAmount
Basic PayINR 23,700/-
Dearness Allowance (DA)INR 10,319.88/-
Special AllowanceINR 1,836.75
House Rent Allowance (HRA)INR 2,370/-
Total (without any deduction)INR 38,226.63/-

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FAQs:

When will the LVB PO 2023 exam be conducted?

The official dates for the LVB PO 2023 exam are yet to be announced by the conducting body. However, the exam is expected to be in the first quarter of 2023.

Is the LVB PO 2023 exam conducted online mode or offline mode?

The LVB PO 2023 exam is conducted online, meaning that candidates have to appear for the exam on a computer, and the exam questions are presented on a computer screen.

What is the age limit for the LVB PO 2023 exam?

The age limit for the LVB PO 2023 exam is expected to be between 20 to 30 years. However, age relaxation will be provided to candidates belonging to certain categories as per government norms.

What is the application fee for the LVB PO 2023 exam?

The LVB PO 2023 exam application fee is expected to be Rs. 700 for general category candidates and Rs. 350 for SC/ST category candidates. The fee can be paid through online mode using credit/debit card or net banking.

Is there any negative marking in the LVB PO 2023 exam?

Yes, there is a negative marking of 0.25 marks for each wrong answer in the LVB PO 2023 exam. Therefore, candidates are advised to attempt only those questions they are sure about, to avoid losing marks due to negative marking.

How can I download my LVB PO 2023 admit card?

Candidates can download their LVB PO 2023 admit card from the official website by entering their registration number and password. The admit card will contain important details such as exam date, venue, and timings, which candidates must verify before appearing for the exam.

What is the salary of an LVB PO?

The salary of an LVB PO varies between Rs. 4.5 lakh to Rs. 6 lakh per annum. In addition to the basic salary, the PO is entitled to various other benefits such as medical insurance, retirement benefits, and leave encashment. The salary may also vary depending on the location of the posting and other factors.