FAQ

What do you know about Shankar banking institute?
What is the success rate of Shankar Banking Institute?

We can proudly say that “2 out of 5 of our students have cleared Bank Exams”. Shankar banking institute is the competitive exams coaching institute to have a great success rate in India. Because of the facilities like mock test, discussions, mentoring, Programs extended to our students, they will have no other choice than to land in a Bank and SSC Job”.

What is the approximate number of openings in Banks per Year?

Sir, More than 60 Exams will be conducted annually in Bank, SSC, Insurance and RRB categories. Approximately, 1,40,000 vacancies will be filled through these exams every year.

How can you say that you have 50% success rate? - How do you measure your success rate?

In competitive exams, the success rate is determined by three factors:

  1. The number of vacancies,
  2. The number of candidates who apply for these vacancies, and
  3. The level of preparedness of the candidate attuned to the test.

We have a special team to insist our students to apply for the exams that are relevant to the preparation they did.

What are the courses you are offering?

Best Level Coaching is provided for UPSC, TNSPC, Bank Exams, Staff Selection Commission (SSC) Exams, Railway Exams (RRB), Insurance Exam

Is there any package options / combined courses?

Yes, we provide SSC + RRB because there is 100% same syllabus

But not providing combined courses of Banking & SSC, because the relevancy of syllabus only 50%, and more over it is one of our success is when we take both Banking and SSC being a separate course.

Tell me about batch timing?
S. No Batch Duration Timing
1. Regular Batch
(Monday – Friday)
3 months
7.00 a.m. to 9.00 a.m.
10.00 a.m. to 12.00 p.m.
6.00 p.m. to 8.00 p.m.
2. Weekend Batch
(Sunday Only)
4 months 10.00 a.m. to 4.00 p.m.
If I have joined for banking course, do I have to pay separate fee to join SSC / TNPSC course?

Yes, it is not combined courses.

Can I pay fee in Instalments?

Sorry, we can’t accept course fee in installments. The one-time fee has to be paid at the time of enrollment.

Does fee includes Material and practice programs?

Yes. Course fee includes Materials, Handouts, Practice Programs, Mock test, Discussions and Mentoring all the facilities provided in the institution.

When the new batch starts?
May I pay fee in a branch and continue the course in another branch?

Yes. You can pay the fee in a branch and continue your course in another branch. You have to get No objection certificate from the branch you have joined.

You can always contact your Branch Coordinator to know the procedure.

Do you provide accommodation too?
What are the materials will you provide?
I am a non-maths Back ground student. Is it possible for me to get Bank job?
May I attend the same class for more than once?
Will staff available to clarify my doubts after class timing?

Yes. Faculties will be available for doubt clarifications round the clock.

We also provide mentor to clarify all the doubts.

What is the difference between Shankar and other Institutes?
  1. Personally monitor our students.
  2. Providing concept sheets on the class.
  3. Recent update Questions added in the concept sheets.
  4. High level quantitative aptitude and Reasoning classes.
  5. Conducting chapter wise test / section wise test regularly.
  6. Arrange Special class program before examinations.
  7. Best teaching faculties.
What should I do with the Enrollment ID?

Your details are successfully updated in our Database.

What is the procedure to get Online Exam access?

We provide Link, User name and Password.

What is the Exam Pattern for Bank Exams?

All exam related information is available on our website under course tab.

Should I complete degree to write Bank Exams?

Yes, degree holders are eligible to write any Bank Exams and SSC CGL. But candidates pursuing final year can also apply for bank exam (You may have to produce degree certificate when called for Interview). Only 10th / 12th standard Qualification will be needed for Some of SSC Exams like CHSL (Combined Higher Secondary Level), MTS Officer and Post office recruitment.

What is the age limit to write Bank exams?

A candidate must be aged 18 / 20 (Min Age Limit) years can apply for Bank and SSC Exams. Upper Age limit will be 28 / 30 / 33 years old. Category wise age relaxations will be given as per rules. Age Limit may vary for each exam. Please check, on our website under course tab.

Will you conduct Mock Interviews?
Interview Class for Banking:
  • In 3 days intensive classroom training programme by banking specialist.
  • Mock Interview conducted by senior PSO Bankers/Government officials.
  • Banking & Current Affairs recap.
I'm a Non-Shankar student. Got selected in Bank Interview. May I attend Mock Interview program?

As a service to the aspirants, we allow Non-Shankar Students to attend specific Mock Interview Programs in our Institute. Anyhow, the Non–Shankar student has to get prior permission from the Coordinator / and Enrolled your name and contact details given to our councillors to appear for the Mock Interview.

From where can I check daily program schedule?

Here we create Telegram channel to our students. Through the telegram channel we intimate upcoming class schedule.

Why should I buy daily Newspaper? What should I do with it?

Reading Daily Newspaper is very helpful to know happenings around the world (Current affairs) and it also improves your reading skills that are very useful attend comprehension Questions and improves English vocabulary.

What are all the special programs conducted in Shankar?
  1. Concept building,
  2. Basic fundamental course,
  3. Special classes before exams,
  4. Mock test program with discussions by using shortcut methods,
Do I have to register for the practice programs separately?

Yes, you have too. In case you have doubts, our mentor will guide you.

Whether Competitive exams have Negative marks?

Yes, there will be a penalty for wrong answers in the Objective Tests of banking and SSC exams. For each question for which a wrong answer has been given by the candidate one-fourth or 0.25/0.50 of the marks assigned to that question will be deducted as penalty to arrive at corrected score. If a question is left blank, i.e. no answer is marked by the candidate; there will be no penalty for that question. 0.33 marks will be deducted for each wrong answers marked by the candidate in Railway Exams.

Whether Bank exams have Sectional cut-off?

Yes. In Bank Exams, candidates will be required to obtain section cut-off. Apart from section-wise cut-off, you should get overall cut-off to get qualified for next process.

How to resize my photo and signature to apply for exam?
  1. Open your Photo in “Microsoft Office Picture Manager”
  2. Edit Picture >> Resize >> Select “Custom width*Height” >> Give proper size mentioned in above Question >> OK
  3. Save the picture.

You can also use Paint / Photoshop to resize.

I am a Non-Shankar Student. Do I have any access to take online exam?

Yes, guest account can be created using Gmail / Facebook accounts. You will get access to all the available free exams.

What is the Eligibility to apply for Bank Exam?

You must have to be a Degree Holder. Age should be 21 to 30 years.

Recent notification & upcoming notification?

All recent and upcoming notifications will be available in www.shankarbankingacademy.com

How many branches do you have?

Right now we have 4 branches in Chennai, Salem, Trichy and Madurai.

Is 59.9% similar to 60% in eligibility criteria?

In case of minimum eligibility being fixed at 60%, you must have either secured exactly or above 60%. If you have scored 59.89%, it won't be rounded off to the nearest whole number. Hence, you will be not eligible for the job, if the score is less than the prescribed percentage, even by 0.01%.

Is MBA necessary for Bank jobs?

MBA is NOT necessary for entry level recruitments conducted by public sector banks. Entry level jobs are Clerks, Probationary Officers & in some cases Managers. For applying to these positions, the minimum eligibility would be a Degree or Pass in 12th/10th std in any discipline.

*In case the recruitment is for specialized posts like Agriculture, Systems, IT, Credit, Finance etc., - candidates with Degree in those subjects would be asked to apply.

What is the role of "Probationary Officer"?

Probationary Officer is the first entry point for a job in bank, especially to fresh graduates & those without prior experience. The PO will report to their immediate senior officer, who will closely monitor & evaluate the performance of him/her for a certain period.

While on job, Probationary officers will have to take up assignments given by their managers. Along with training, they will also be deployed across various departments of the bank to gain exposure in operations & working of bank. So, in short, the PO must be willing to take up any work during the probation period in order to understand the process effectively & to scale greater heights and reach higher positions.

Probation period: Normally, the probation period for PO's will be for 2 years. The probation period can also considered as the learning phase. Hence it is extremely important to be in good conduct, during probation. Banks have the right to terminate the employee during the probation, if he/she does not fit the position.

Bank PO joins the bank as Asst. manager after the end of probation period. Initially he/she may be posted in a branch where he/she will handle daily customer transaction like passing a cheque, cash management, Draft issuance etc. After certain experience and depending upon skill/aptitude, the person would be given an opportunity to work in other areas like planning, marketing, budgeting, processing of loan, investment management etc.

Salary: The basic pay scale for probationary officers ranges between Rs.10,000 - 18,240. Depending on the post & grade after successful completion of probation, the pay scale may increase. An increase in salary for bank employees has been approved recently.

Who are the Specialist Officers in Banks?

Specialist Officers have a specific area of expertise, in which they may have graduated or might have good experience. Example - A Graduate in Agriculture/Horticulture/Allied sciences will be appointed as Specialist officer to lend loans to farmers, agricultural companies & to fetch deposits from nearby farms, dairies etc., Since these people are specialized in a specific subject, they are used by banks to work more closely with the specific public community.

The Specialist officers are appointed based on the need, vision, business and reach of the bank. If a bank has huge foreign deposits or if it handles large amount of foreign transactions, a specialist officer with strong knowledge of foreign exchange policies, rules etc may be appointed.

This is the reason why banks expect candidates graduated from specific stream like Electronics, Computer science, Agriculture, Horticulture & other subjects to apply for the post of Specialist Officers. In short,the role of Specialist Officers is much needed, if the bank is willing to reach out all parts of societies in the country.

Does all bank exams have negative marking scheme?

No. Large banks recruiting in huge numbers will have negative marks for wrong answers in their preliminary test to decrease the number of candidates moving to the next level.

Such information will be provided in the recruitment advertisement of the banks.

Will I get negative marks if I don't answer any question?

No. Negative marks will be awarded only in case of any wrong answers. So, if you have not attended a question, no marks will be deducted.

What is the exam pattern of these exams?

The selection is being made on the basis of performance in written test and interview, sometimes there is also provision for Group Discussions as a part of selection process.

What is the test for the handwritten declaration?

"I, ___________(Name of the candidate), hereby declare that all the information submitted by me in the application form is correct true and valid. I will present the supporting documents as and when required."

What are the requisites to be scanned uploaded?

Photograph, Signature, Left Thumb Impression, and a handwritten declaration.

What is the SBI policy for the number of attempts?
Category No. of chances
General 4
OBC 7
General (PWD)/ OBC (PWD) 7
SC/ SC (PWD)/ ST/ ST (PWD) No Restrictions

Please note: The number of chances will be counted from the examination held on April 18, 2010. Also, appearing in Preliminary Examinations will not be counted as a chance.

What is the selection process for SBI PO?

The various stages of the SBI PO are as follows:

  • Preliminary exam
  • Mains exam
  • Group Exercises and Personal Interview
What is the application fee?

The application fee is Rs.600 for General category and OBC, and Rs.100 for SC/ ST/ PWD category.