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IBPS PO, SBI Clerk: Cost Of Online Coaching For Major Banking Exams

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By Rahul Shrivastava, Aruri Manasa
5 Mar'22  6 min read
IBPS PO, SBI Clerk: Cost Of Online Coaching For Major Banking Exams
Synopsis

Lakhs of students write banking exams each year, hoping to be recruited into public sector banks. These “sarkari naukri” (or government job) exams – SBI PO, SBI Clerk, IBPS PO, IBPS Clerk and more – are conducted annually and a wide range of coaching options are available online. Courses typically include live and video lectures, test series and other material and are valid for a few weeks to a year or until the exam is over. Here’s how much an applicant preparing for the exam can expect to pay for an online coaching course.

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IBPS PO, SBI Clerk: Cost Of Online Coaching For Major Banking Exams
Synopsis

Lakhs of students write banking exams each year, hoping to be recruited into public sector banks. These “sarkari naukri” (or government job) exams – SBI PO, SBI Clerk, IBPS PO, IBPS Clerk and more – are conducted annually and a wide range of coaching options are available online. Courses typically include live and video lectures, test series and other material and are valid for a few weeks to a year or until the exam is over. Here’s how much an applicant preparing for the exam can expect to pay for an online coaching course.

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The race for a government job – “sarkari naukri”, as it is described in part of India – is not new. Beyond the administrative, defence and similar services, the government sector to attract large numbers of applicants are public banks. Exams conducted by the Institute of Banking Personnel Selection (IBPS) reportedly see around 1.6 lakh applicants each year.

The Institute of Banking Personnel Selection (IBPS) is a government recruitment agency under the Ministry of Finance. It conducts exams for recruitment in almost every public sector bank and Regional Rural Banks (RRB) , at the clerical (IBPS clerk) and probationary officer (IBPS PO full form) levels. The only exceptions are State Bank of India which conducts its own SBI PO and SBI clerk exams, and the Reserve Bank of India (RBI). Candidates are selected for the posts of PO, SO, clerk and others.

Online education technology companies offer a range of courses for banking exams. The note below shows what candidates must expect to pay.

Adda247

Adda247 is one of the oldest institutes to train aspirants for government jobs, both online and offline. While it covers several government exams, Adda247 is most trusted on banking exams such as SBI, RBI and IBPS. Adda247 provides live classes, mock tests, videos and e-books and a range of combinations, or “combo packages”. Coaching is online for all exams.

The table below gives the cost of each combination.

Exam

Mode, Medium

Validity

Cost (In Rs)

Bank (Maha pack plus for IBPS, SBI, RBI Grade B, SEBI Grade A, NABARD Grade A and other Grade A and Grade B Bank exams)

Online,

English and Hindi

1 year

30,449

IBPS Clerk Mains

Online,

English and Hindi

6 months

5,999

IBPS PO and Clerk Mains

Online,

English and Hindi

6 months

2,399

IBPS RRB Clerk

Online,

English

1 year

1,999

NABARD Grade B Prelims

Online,

English

6 months

1,999

IBPS PO Mains

Online,

English and Hindi

6 months

5999


Also Read | Budget For SSC CGL, CHSL: Where Can You Prepare For SSC Exams, How Much Does It Cost?

Career Launcher

Career launcher is a part of CL Educate Ltd, a leading test-preparation company. It has over 250 branches in over 115 plus cities across the country. Career Launcher, too, offers coaching for various exams with special focus on banking – including SBI Clerk, SSC CHSL, IBPS PO, SSC CPO and IBPS RRB – and staff selection commission (SSC) exams. It offers about 27 banking exam courses; details of the major ones are given below.

Exam

Mode, Medium

Validity

Cost (In Rs)

Bank entrance prep - Platinum

Online and Offline,

English and Hindi

2 years

20,835

Bank entrance prep - Gold

Online and Offline,

English and Hindi

1 year

17,295

Banking entrance comprehensive course

Online and Offline,

English and Hindi

2 years

23, 195


Oliveboard

Oliveboard provides complete online coaching for the preparation of IBPS bank exams. It provides study material, online video coaching, practice tests, section and topic-wise tests and online test series – all of it accessible also through a mobile application. They also provide customized study plans to focus on weak areas. The first mock test for all exams is free and is accessible via the app.

The table below shows what it's courses cost.

Exam

Validity

Main Crash Course (In Rs)

Banking Elite
(In Rs)

Edge Courses + Tests Subscription (In Rs)

SBI PO Mains Crash Course

End of the Main Exam

2,499

1,999

4,999

SBI Clerk

1 year

NA

1,999

4,999

IBPS Clerk

1 year

2,499

1,999

4,999

IBPS PO

1 year

2,499

1,999

4,999

IBPS RRB Clerk

1 year

NA

1,999

4,999

IBPS RRB PO

1 year

NA

1,999

4,999

SBI CBO

End of the Exam

2,499

NA

NA


Also Read | The Cost: Civil Services Coaching Fees; Living In UPSC CSE Hubs

Mahendra's

Mahendra’s is one of the oldest coaching institutes for government exams. Its expertise in banking exams made it the most sought-after institute for Bank PO, Clerk, Specialist Officer (SO), among others. Mahendra’s provides online classes, video courses, test series, e-books and also magazines . The table below shows the fee structure of major courses.

Name of Exam/Course

Mode, Medium

Validity

Cost (In Rs)

IBPS (PO+Main) Test Series

Online,

English and Hindi

4 months

499

IBPS SO (Pre) Test Series

Online,

English and Hindi

4 months

499

SBI PO Mock Test

Online,

English and Hindi

4 months

749

IBPS Clerk Mock Test

Online,

English and Hindi

4 months

499

IBPS RRB Clerk Mock Test

Online,

English and Hindi

4 months

499

IBPS RRB PO Mock Test

Online,

English and Hindi

4 months

549

RBI (OA) Mock Test

Online,

English and Hindi

4 months

549

Bank Online Live Classes

Online,

English and Hindi

1 year

1,999

MAC Bank Live Course

Online,

English and Hindi

1 year

3,000


Mahendra’s also offers courses that address specific needs including ones for English, Math, Reasoning. Apart from providing online courses and classes, it also provides coaching at its branches located all over the country. The fees differ from city to city.

BSC Academy

BSC and Banking Services Chronicle Magazine are familiar names among banking aspirants. BSC Academy, apart from publishing best-seller books for government exams preparation, also offers classroom courses, correspondence courses and online courses. BSC Academy has been preparing banking aspirants for years and is counted among the best institutes for the purpose in North India. Correspondence courses are also available for the students who wish to learn from home at their own pace. The table below shows the fee structure of various courses and test series for banking exams.

Course

Mode, Medium

Validity

Cost (In Rs)

SBI PO crash course live

Online,

English and Hindi

30 days

2,500

Yearly Live Course (SBI PO, SBI Clerk, RRB)

Online,

English and Hindi

1 year

5,500

Math Special Live (SBI PO, SBI Clerk, RRB)

Online,

English and Hindi

180 days

2,500

IBPS SO IT Prelims

Online,

English and Hindi

300 days

350

IBPS Clerk Prelims

Online,

English and Hindi

300 days

350

IBPS RRB live class (SBI PO, SBI Clerk, RRB)

Online,

English and Hindi

240 days

3,500

IBPS PO Combo

Online,

English and Hindi

300 days

600

BSC Mega (SBI PO, SBI Clerk, RRB)

Online,

English and Hindi

1 year

1,250

Complete study material (SBI PO, SBI Clerk, RRB)

Online,

English and Hindi

1 year

2,100

BSC Mini combo (SBI PO, SBI Clerk, RRB)

Online,

English and Hindi

1 year

550

IBPS PO Mains

Online,

English and Hindi

300 days

300

IBPS PO Prelims

Online,

English and Hindi

300 days

350

IBPS Clerk PO

Online,

English and Hindi

1 year

650

Data Interpretation

Online,

English and Hindi

60 days

1,100


Also Read | Banking courses offered by Banks

BYJU’S Exam Prep (Gradeup)

BYJU'S Exam Prep, formerly known as Gradeup, is one of India's top banking exams online coaching institutes. It provides live online classes, videos of previous classes and test series for all types of government exams. The classes, test series and other resources are accessible also via the BYJU’S Exam Prep App. The table below shows the online classroom programmes offered by BYJU’S. Each subscription includes over 10 courses, covering over 15 banking exams with live and recorded courses, daily study plans and test series.

Mode, Medium

Validity

Cost (In Rs)

Online,

English and Hindi

6 months

5,000

Online,

English and Hindi

12 months

5,900

Online (Bank + SSC Combo),

English and Hindi

24 months

8,000

Online,

English and Hindi

24 months

6,800


The table below shows the test series offered by BYJU’S. Each includes over 450 mock tests and covers more than 20 exams.

Mode, Medium

Validity

Cost (In Rs)

Online,

English and Hindi

3 months

400

Online,

English and Hindi

12 months

475

Online (Bank + SSC Combo),

English and Hindi

24 months

600

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