Allotment is based on 3 things. Vacancies, your preferences and the eligibility criteria set by the specific bank.
- If 1st ranker opted for PNB and he has all the eligibility norms stipulated by PNB, then he will get PNB. If there are no vacancies in PNB or if he is not fit for eligibility criteria of PNB (Like age and Graduation %), his next preference will be considered for selection.
- In case of reserved candidates: If OBC candidate got marks above the General cutoff marks and his 1st preference is also satisfied in general vacancies, he will get allotment from General vacancy. If his preferred bank general vacancies are finished, he will be selected from OBC vacancies of respective bank if there are any. If the OBC vacancies are also finished, then his next preference will be considered.
- Some candidates have the view that luck is need in this selection process. Actually it not correct. Allotment will be made based on merit only. After allotting a bank for 1st ranker only, 2nd ranker will get chance for selection.
- If you are still confused about the allotment process, just leave it to IBPS. You just take care of your preference list according to your needs. They wont cheat you. They are improving the system from time to time. We have to appreciate them for their continuous efforts to provide better way of recruitment process.