Indian Overseas Bank (IOB), is looking for young, qualified and dynamic Graduates who can be inducted into IOB as Probationary Officers in Junior Management Grade Scale – I after imparting them with the necessary knowledge and skills required for all – round bankers through the 1 year Post Graduate Diploma in Banking and Finance course in Indian Overseas Bank Manipal School of Banking (IOBMSB). All interested & eligible candidates can apply ONLINE at IOB website on or before the last date. The complete details of the recruitment was given below.
No. of Vacant Posts : 480 posts (UR-243, OBC-129, SC- 72, ST-36) (PH-14),
Pay Scale : JMG Scale – I Rs. 14500 – 25700,
Age Limit : 20 – 28 years as on 01st September 2013,
Educational Qualification : Graduation from a recognized University /Institution with minimum 60% Marks. (minimum 55% marks for the candidates belonging to SC / ST / PC categories). Graduation results should be declared by the University /Institutionon or before 01st September 2013. The candidates should produce the Semester/Year wise Mark Sheets, Consolidated Degree Mark Sheet and Provisional Certificate at the time of Interview, failing which the candidates will not be allowed to attend the Interview
Course Fee and Stipend : The fees for this Course will be Rs. 3.30/- Lakhs (all inclusive of Boarding, Lodging and course fees, other fees, etc.) plus service taxes, as applicable to be paid by the selected candidates.
Stipend During the Training Period (9 Months) – Rs. 2500/- per month, During the Internship Period (3 Months) – Rs. 10000/- per month.
Application Fee : Rs. 500/- for GENERAL / OBC candidates & Rs. 50/- for SC / ST / PWD candidates. Fees to be deposit in cash at the any of the IOB and take candidate’s copy of Payment Receipt Challan.
How to Apply : All interested & eligible candidates can apply ONLINE at IOB website between 10th July 2013 and 29th July 2013.