Indian Overseas Bank (IOB) — Recruitment of 480 Probationary Officers through Tie-Up with Academic Institution. Indian Overseas Bank Manipal School of Banking (IOBMSB) is inviting application for admission in One year Post Graduate Diploma in Banking and Finance Course for forthcoming recruitments of Probationary Officers in IOB. Interested and eligible candidates may apply Online for the course. Advt No.: HRDD/RECT/ 01 / 2013. Brief details is given below —
Indian Overseas Bank Manipal School of Banking (IOBMSB)
Name of Course: Post Graduate Diploma in Banking & Finance
Duration of the Course: One year.
No. of Vacancies: 480 Nos. (Gen—243; SC—72; ST—36). Out of total vacancies, 14nos. for PH candidates.
Course Fee: 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. The candidates selected for training can finance the Course fees by availing an Educational Loan under IOB Vidya Jyoti Educational Loan Scheme.
Course Advantage: On successful completion of the programme, the programme participants would be awarded a Postgraduate Diploma in Banking & Finance (PGDBF) by Manipal University and would be absorbed as Probationary Officers in Indian Overseas Bank.
How to Apply: Interested candidates may apply Online from the official website of Indian Overseas Bank —www.iob.in from dated 10/07/2013 to 29/07/2013 (Live url to Application form is given below)
Eligibility Criteria —
Educational Qualification (as on 01.09.2013): Graduation from a recognised University/Institution with minimum 60% Marks. (55% marks for SC/ST/PH candidates)
The candidates should produce the Semester/Year wise Mark Sheets, Consolidated Degree Mark Sheet and Provisional Certificate at the time of Interview,
Age (as on 01.09.2013): Minimum 20yrs and maximum 28yrs. Upper age relaxation for SC/ST – 5yrs; OBC- 3yrs; PWD- 10yrs; Ex-Serviceman and Others – As per norms.
Selection Process: Selection of the candidates will be through Online Examination which will be Objective in nature in the following subjects — (i) Reasoning, (ii) English Language, (iii) Quantitative Aptitude, (iv) General Awareness – Banking Industry and (v) Computer Knowledge.
Total marks will be – 200 and duration – 2 hours. The above tests except the Test of English Language will be available bilingually, i.e. English and Hindi.
There will be negative marking for wrong answer.
Qualified candidates from online examination will be called for Interview. The Interviews will be held at different centres on different dates as decided by the Bank and will be communicated to the candidates shortlisted for Interview.
The examination will be conducted online in venues across many centres in India. The tentative list of Examination centre is —
Andhra Pradesh
— Hyderabad
— Vijaywada
— Vishakhapatnam
Assam
— Guwahati
Bihar
— Patna
Chandigarh
— Chandigarh
Chhattisgarh
— Raipur
Gujarat
— Ahmedabad
Haryana
— Gurgaon
Jharkhand
— Ranchi
Karnataka
— Bengaluru
— Mangalore
Kerala
— Kochi
— Kozhikode
— Thiruvananthapuram
Madhya Pradesh
— Bhopal
— Maharashtra
Mumbai
— Pune
New Delhi
— New Delhi
Odisha
— Bhubaneshwar
Puducherry
— Puducherry
Punjab
— Bhatinda
— Ludhiana
Rajasthan
— Jaipur
Tamilnadu
— Chennai
— Coimbatore
— Madurai
— Thiruchirapalli
— Tirunelvelli
Uttar Pradesh
— Lucknow
— Meerut
West Bengal
— Kolkata
STIPEND (DURING THE TRAINING):
During the Training Period (9 Months) – 2500/- per month
During the Internship Period (3 Months) – 10000/- per month
Candidates on successful completion of the course will be absorbed in Indian Overseas Bank as Probationary Officer in JMG Scale — I
The selected candidates will be on probation for a period of two years (24 months of active service) from the date of joining the services of the Bank as per the rules of the Bank
Pay Scale – 14500 — 257000 plus other allowances as per norms.
How to Apply: Eligible candidates are required to apply ‘ONLINE’ only through Bank’s website www.iob.in (Live url is given below)
After registering online candidates are advised to take a printout of their system generated online application forms. There is no need send any hard copy of form to anywhere.
Before applying online, the candidate has to remit the application fee/ intimation charge as applicable to the candidate with the filled up Payment Receipt Challan in any of Indian Overseas Bank’s branches by means of cash only and collect candidate’s copy of Payment Receipt Challan for the application fee / intimation charge paid. Please ensure that the following information has been correctly entered (1) Name, (2) Category, (3) Contact Phone Number (4) Branch Name & Code Number, (5) Transaction ID, (6) Date of deposit and amount paid in the Payment Receipt Challan.
Fee Amount: Rs.500/- for unreserved and general candidates And Rs.50/- for SC/ST/PH candidates.
Last Date —
Online Registration will remain open from 10/07/2013 TO 29/07/2013. Application fee can be too paid within this period.
Above given information are in brief details. Before applying Online please go through the officially released Advt. Visit the following link for Advt. and Online Application — http://www.iob.in/Careers.aspx
