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Experienced Bankers: Indian Overseas Bank Seeks 400 Local Bank Officers
Attention experienced banking professionals! Indian Overseas Bank (IOB) recently launched a major recruitment drive, seeking 400 Local Bank Officers (LBOs) across India. This initiative, announced via notification HRDD/RECT/01/2025-26 on May 9, 2025, aimed to strengthen the bank's local presence and expertise. While the application window closed on May 31, 2025, understanding the requirements and process for this role is valuable for future opportunities with IOB or similar positions in the banking sector.
Eligibility and Qualification Requirements
This recruitment specifically targeted candidates holding a Bachelor's Degree from a recognized university coupled with a minimum of two years of experience in banking. The age criteria required applicants to be between 24 and 32 years old. This focus on experienced graduates underscores the bank's need for individuals who can immediately contribute to its operations with established banking knowledge and skills. The LBO role is crucial for managing customer relationships and driving business at the local level.
Parameter | Details |
---|---|
Post Name | Local Bank Officer (LBO) |
Number of Vacancies | 400 |
Educational Qualification | Bachelor's Degree |
Experience Required | 2 Years in Banking |
Age Limit | 24-32 Years |
Pay Scale | As per Bank Rules |
Selection Process
The selection process outlined for the IOB LBO position involved multiple stages designed to assess candidates comprehensively. It began with an Online Examination, followed by a Language Proficiency Test (LPT) for those who qualified in the online exam. Candidates successfully clearing both the online test and the LPT would then be invited for a Personal Interview. This rigorous process ensures that only candidates with the right blend of knowledge, local language skills, and interpersonal abilities are selected.
Examination Structure
The Online Examination itself was structured to test various competencies relevant to the banking role. It comprised four sections: English Language (30 questions, 30 marks), Banking Knowledge (40 questions, 40 marks), General Awareness (30 questions, 30 marks), and Computer Aptitude (20 questions, 20 marks). Each section had a duration of 30 minutes, making the total exam duration 2 hours for 120 questions carrying 120 marks. This structure highlights the importance of both domain-specific knowledge and general aptitude.
Section | Questions | Marks | Duration |
---|---|---|---|
English Language | 30 | 30 | 30 Minutes |
Banking Knowledge | 40 | 40 | 30 Minutes |
General Awareness | 30 | 30 | 30 Minutes |
Computer Aptitude | 20 | 20 | 30 Minutes |
Total | 120 | 120 | 2 Hours |
Regarding application fees, candidates from the General and EWS categories were required to pay ₹1000, while SC/ST/PwBD candidates had a reduced fee of ₹200. Payments were facilitated through an online mode during the application period, which ran from May 10 to May 31, 2025.
Prepare for Future Banking Opportunities
While this recruitment has closed, stay ready for upcoming banking sector openings!
Check IOB CareersImportant Note on Deadline: As mentioned, the application deadline for this specific IOB LBO recruitment was May 31, 2025. This opportunity is now closed. However, the banking sector frequently announces recruitment drives. Professionals with banking experience should keep an eye on the official IOB website and other banking recruitment portals for future openings. Preparing based on the structure and requirements of past recruitments like this one can significantly improve your chances in upcoming drives.
Key Information Summary:
- Organization: Indian Overseas Bank (IOB)
- Position: Local Bank Officer (LBO)
- Vacancies: 400
- Location: Across India
- Qualification: Bachelor's Degree + 2 Years Banking Experience
- Age Limit: 24-32 Years
- Pay Scale: As per Bank Rules
- Application Deadline: May 31, 2025 (Expired)
- Application Fee: ₹1000 (Gen/EWS), ₹200 (SC/ST/PwBD)
- Selection Process: Online Exam, Language Proficiency Test (LPT), Personal Interview
- Application Mode: Online
Official Links & Resources
Frequently Asked Questions (FAQs)
Disclaimer: Information based on notification HRDD/RECT/01/2025-26 dated 09/05/2025. The application deadline has passed. Please refer to the official IOB website for current opportunities and verify all details before applying to any future openings.