There is relaxation in age and educational qualification for candidates serving in defense or paramilitary forces in the IBPS PO Exam. This relaxation is provided to acknowledge the unique experiences and skills that candidates acquire during their service in these forces. Let's discuss the details below:

Age Relaxation:
Candidates serving in defense or paramilitary forces are eligible for age relaxation as per the guidelines of the IBPS. The relaxation in age limit varies depending on the category of the candidates. The following age relaxations are provided:

- For Scheduled Caste/Scheduled Tribe (SC/ST) candidates: The upper age limit is relaxed by 5 years.
- For Other Backward Classes (OBC) candidates: The upper age limit is relaxed by 3 years.
- For Persons with Benchmark Disabilities (PwBD) candidates: The upper age limit is relaxed by 10 years.
- For Ex-Servicemen candidates: The actual period of service in the defense forces plus 3 years is deducted from their actual age, subject to a maximum age limit of 50 years.

Educational Qualification Relaxation:
Candidates serving in defense or paramilitary forces also receive relaxation in educational qualification requirements. The minimum educational qualification required for IBPS PO Exam is a Bachelor's degree from a recognized university. However, for candidates serving in defense or paramilitary forces, the educational qualification requirement is relaxed. They are eligible to apply for the exam even if they have not completed their Bachelor's degree.

It is important to note that candidates serving in defense or paramilitary forces must provide relevant documents and certificates to prove their eligibility for age and educational qualification relaxation. These documents should be submitted during the application process or at the time of document verification.

Conclusion:
Candidates serving in defense or paramilitary forces are provided relaxation in age and educational qualification for the IBPS PO Exam. This recognizes their unique experiences and skills acquired during their service. The specific age relaxation and educational qualification relaxation vary depending on the category of the candidates. It is crucial for candidates to provide the necessary documents to avail these relaxations and ensure their eligibility for the exam.