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Indian Overseas Bank Announces Recruitment for 291 Specialist Officer Positions

Mumbai, September 1: Indian Overseas Bank has announced the recruitment of 291 Specialist Officer (SO) positions. Applications for these roles have commenced today, and interested candidates can apply through the official website iob.in.

Educational Qualifications:

  • Manager: Graduation degree in any subject with banking experience.
  • Technical Positions: Degree in Engineering or Computer Science.
  • Credit and Risk Positions: MBA/PGDM in Finance, CA, CMA, or other relevant professional degrees as per the position.

Age Limit:

  • Minimum: 22 years
  • Maximum: 45 years

Application Fees:

  • General: ₹1000
  • SC, ST, PWD: ₹175

Selection Process:

  • Online Exam
  • Interview

Salary:

  • JMGS I Scale: ₹48,480 – ₹85,290 per month
  • MMGS II Scale: ₹64,820 – ₹93,960 per month
  • MMGS III Scale: ₹85,920 – ₹1,05,820 per month

Exam Pattern:

  • There will be negative marking of ¼ marks.
  • The exam will consist of a total of 100 objective questions.

Minimum Qualifying Marks:

  • General: 35%
  • Reserved Category: 30%

How to Apply:

  • Visit the official website iob.in.
  • Click on the Recruitment section on the homepage.
  • Register before applying.
  • Fill out the application form after registration.
  • Submit the form after paying the fee.
  • Keep a printout of the application for future reference.

Online application link and official notification link are available on the website.