Yes,but not just after selection as the Officer in the Public-Sector Banks after clearing Officers-Cadre' Selection Process vide  IBPS-Selection-Process,but after minimum 2 years of Service Tenure in the Bank's Rural or Semi-Urban Branch(es) along with other age-eligibilities etc. relating thereto as vide Letter No. F.No.4/9/2/96-IR of the Government of India ,Ministry of Finance ,Department of Financial Services, New Delhi Dated the November 4, 2011.