The Indian Overseas Bank (IOB) has officially announced its recruitment for 400 Local Bank Officer (LBO) positions under the Junior Management Grade Scale I (JMGS-I) category. This recruitment drive, aimed at filling vacancies in six Indian states, presents a golden opportunity for graduates looking to embark on a career in the banking sector.
According to the official notification released on May 9, 2025, the application process will commence on May 12, 2025, and will remain open until May 31, 2025. Candidates interested in applying can do so through the bank's official website, iob.in.
These positions are specifically available in Tamil Nadu, Odisha, Maharashtra, Gujarat, West Bengal, and Punjab, making it essential for applicants to be proficient in the local language of the state they wish to apply for. This requirement ensures that selected candidates can effectively communicate and serve the local population.
The recruitment process will include several stages: an online examination, a Language Proficiency Test (LPT), and a personal interview. The online exam will assess candidates on various subjects, including Reasoning and Computer Aptitude, General Economy and Banking Awareness, Data Analysis and Interpretation, and English Language skills.
The examination will consist of 140 questions, with a total of 200 marks to be completed in three hours. The breakdown of the exam is as follows:
- Reasoning and Computer Aptitude: 30 questions, 60 marks, 60 minutes
- General/Economy/Banking Awareness: 40 questions, 40 marks, 30 minutes
- Data Analysis and Interpretation: 30 questions, 60 marks, 60 minutes
- English Knowledge: 40 questions, 40 marks, 30 minutes
For candidates looking to apply, eligibility criteria include a graduation degree from a recognized university, and the age limit is set between 20 to 30 years as of May 1, 2025. Age relaxations are applicable for candidates belonging to reserved categories, with SC/ST candidates receiving a 5-year extension, OBC candidates a 3-year extension, and PwBD candidates a 10-year extension.
The basic pay for the Local Bank Officer position starts at ₹48,480 and can go up to ₹85,920, depending on the experience and increments. Additionally, selected candidates will be entitled to various allowances, including Dearness Allowance (DA), House Rent Allowance (HRA), and City Compensatory Allowance (CCA), as per the bank's policy.
To apply, candidates must pay an application fee of ₹850 for General, OBC, and EWS candidates, while SC/ST and PwBD candidates will need to pay ₹175. This fee is non-refundable, so applicants are urged to ensure their eligibility before proceeding.
Once the application window opens, candidates must follow these steps to apply:
- Visit the official website iob.in.
- Click on the “Careers” section and select “Recruitment of Local Bank Officers – 2025-26.”
- Register and fill out the application form with accurate details.
- Upload the required documents, including a photograph and signature.
- Pay the application fee online.
- Download and save the submitted application form for future reference.
With the deadline approaching, candidates are encouraged to apply early to avoid any last-minute rush or technical issues. This recruitment drive not only aims to fill crucial positions within the bank but also offers a pathway for many young individuals to secure a stable and respected career in public sector banking.
As the banking sector continues to evolve, opportunities like this are vital for graduates seeking to enter a field that plays a significant role in the country's economy. The IOB's commitment to hiring local talent ensures that the bank remains connected to the communities it serves, fostering growth and development in various regions.
In summary, the Indian Overseas Bank's recruitment for Local Bank Officers is an excellent opportunity for eligible candidates. The combination of competitive salaries, career growth prospects, and the chance to serve the community makes this a highly sought-after position in the public sector banking landscape.
