There are several common myths about bank exam. It's essential to dispel these myths to help candidates prepare effectively and make informed decisions about their career aspirations. We will burst the cloud of common myths about bank exam today.

#1 Myths: You Need a Finance Degree to Succeed

Truths: A Variety of Backgrounds Can Excel Banks, especially public sector banks, recruit candidates from various educational backgrounds. While some positions may require specialized skills or knowledge (such as IT officers or legal officers), the majority of banking positions, including Probationary Officers (POs) and clerks, do not mandate a specific educational qualification in finance or commerce.

#2 Myths: Bank Exams Are Extremely Difficult

Truths: Preparation Matters More Than Natural Talent - Bank exams may appear difficult due to their competitive nature, it's important to recognize that success in these exams is not limited to those with exceptional natural talent. Preparation, hard work, and a systematic approach to studying are the key factors that determine success.

#3 Myths: Only Mathematics Experts Can Pass

Truths: Success Stories from Diverse Candidates - Bank exams have a well-defined syllabus that includes various subjects such as quantitative aptitude, reasoning ability, English language, and general awareness. While quantitative aptitude does involve mathematical concepts, it is just one of the sections in the exam. Success depends on overall performance in all sections.

#4 Myths: You Can't Retake Bank Exams

Truths: Multiple Attempts Are Possible - The truth is that candidates can retake bank exams, and multiple attempts are possible. However, candidates must carefully review the specific eligibility criteria and regulations set by the respective banking authorities for each exam. 

#5 Myths: The Exam Content Never Changes

Truths: Evolving Exam Patterns - Bank exams are designed to evolve in response to the evolving banking industry and to evaluate candidates' readiness for the challenges of modern banking. Candidates preparing for bank exams should stay updated with the latest exam patterns, syllabus changes, and industry trends to maximize their chances of success.

As we have discussed common myths about bank exam and bank exams truths now, let us discuss about Common Misconceptions about Bank Exams in brief.

1. Bank Jobs Are Stressful: While there can be pressure in banking jobs, not all roles are highly stressful. The level of stress varies depending on the position and the individual's ability to manage workload and pressure.

2. Bank Exams Are All About Luck: Success in bank exams is primarily based on preparation, knowledge, and skills. While luck may play a small role, it's not a significant factor in determining success.

3. Only Young Candidates Can Succeed: Bank exams often have age limits, but they also provide age relaxations for certain categories. Many candidates succeed in their 30s and even beyond.

4. Bank Jobs Are Unrewarding: Some believe that bank jobs are mundane and do not offer attractive salaries or benefits. In reality, banks offer competitive pay, job security, and opportunities for career growth.
It's essential for aspiring candidates to research and prepare for bank exams with accurate information and realistic expectations. Banking careers can offer stability, good pay, and opportunities for professional growth, making them an attractive option for many individuals. For accurate and updated mock tests, one must visit Smartkeeda at

Let us discuss Tips for Success in Bank Exams

Success in bank exams requires a combination of effective preparation, smart strategies, and the right mind-set. Here are some tips to help you excel in bank exams:
  • Start by thoroughly understanding the exam pattern, including the number of sections, types of questions, and time allocation for each section. This will help you plan your preparation more effectively.
  • Regular practice is a key to success. Solve previous year question papers, take mock tests, and practice sample papers to become familiar with the exam format and improve your time management.
  • While speed is important, accuracy is equally crucial. Avoid making unnecessary guesses as negative marking is common in bank exams. Concentrate on answering questions you are confident about.
  • Develop a structured study plan that covers the entire syllabus. Allocate specific time slots for each section, focusing on your weaker areas while revising your strengths regularly.
Remember that success in bank exams is achievable with dedication, consistent effort, and a well-structured study plan. Keep these tips in mind, and adapt them to your specific needs and preferences to increase your chances of excelling in bank exams.

Author : Amrish

Hi, this is Amrish, an Assistant Manager in one of the largest private banks with an extensive background in the banking industry. Having post-graduated with honors in Finance from a renowned university, I embarked on a rewarding career in the financial services industry. With a deep understanding of their unique needs and goals for banking exams, I would love to help aspirants through my blogs. I will keep sharing insights for cracking various exams by providing tips, strategies, mistakes one should avoid, the best resources, and much more. God Speed to all aspirants!


No, you do not need a finance or economics background to appear for most bank exams. Bank exams typically have educational qualification requirements that specify the minimum level of education needed, such as a bachelor's degree in any discipline from a recognized university.

Coaching classes are not necessary for bank exam preparation, but they can be beneficial for some candidates depending on their individual needs and circumstances.

Some of the common mistakes to avoid during your bank exam preparation are Lack of a structured study plan, ignoring the basics, inconsistent study routine and neglecting mock tests.

There are several reliable online resources that you can use for bank exam preparation. These resources provide study materials, practice tests, and guidance to help you prepare effectively. Smartkeeda is one stop solution for all your needs which can be access at

Clearing bank exams can open up a wide range of career prospects in the banking sector. Roles like specialist officers, credit analysts, treasury officers, branch manager and regional managers are some of the career prospects which remain always open after clearing bank exams.