Welcome to the comprehensive job description for the Indian Overseas Bank Recruitment 2025. This detailed guide provides all necessary information for eligible candidates aspiring to join as a Local Bank Officer (LBO). Whether you are a recent graduate or looking to advance your banking career, this page covers eligibility, application process, salary details, and frequently asked questions to help you navigate the selection process effectively.
Indian Overseas Bank Recruitment 2025 for Local Bank Officer (LBO)
The Indian Overseas Bank (IOB) has announced the recruitment of 400 vacancies for the position of Local Bank Officer (LBO) in the year 2025. This is an excellent opportunity for candidates with a graduation degree seeking government banking jobs. The online application process has commenced and will remain open until 31st May 2025. Interested and eligible candidates should ensure they submit their applications within the specified window.
Important Dates
| Event | Date |
|---|---|
| Notification Release | 09-05-2025 |
| Start of Online Application | 12-05-2025 |
| Last Date to Apply | 31-05-2025 |
| Official Website for Application | iob.in |
Download the Official Advertisement
You can download the detailed notification PDF for comprehensive information regarding eligibility criteria, syllabus, selection process, and other important instructions. The PDF is available [here](https://www.iob.in/upload/CEDocuments/IOB-Recruitment-of-Local-Bank-Officer-2025-26.pdf) in a new tab.
Eligibility Criteria for Indian Overseas Bank LBO 2025
Educational Qualification
Candidate must possess a graduation degree in any discipline from a recognized university/institution. No specific percentage criteria are mentioned, but candidates should hold a valid degree.
Age Limit
The maximum age limit to apply for this recruitment is 30 years. Age relaxation rules apply as per government norms for reserved categories.
Age Relaxation Details
| Category | Relaxation |
|---|---|
| SC/ST | 5 Years |
| OBC | 3 Years |
| PWBD | 10 Years (additional relaxation as per government rules) |
| Ex-Servicemen | As per govt. guidelines |
Application Process
The application process for the Indian Overseas Bank LBO vacancy is entirely online. Candidates must visit the official IOB website at iob.in to fill out the application form. The steps include registration, login, filling in personal and educational details, uploading scanned photographs and signatures, and payment of application fees.
How to Apply
- Visit the official Indian Overseas Bank website: iob.in
- Navigate to the “Recruitment” or “Careers” section.
- Find the link for “LBO Recruitment 2025.”
- Register yourself by providing basic details and generate login credentials.
- Login to the portal and fill in the application form with accurate details.
- Upload scanned passport-sized photograph and signature as per specifications.
- Pay the application fee (if applicable) through online modes like debit/credit card, net banking.
- Submit the completed application form and take a printout for future reference.
Salary and Compensation
Pay Scale
The initial basic pay for the LBO position is structured as follows:
| Component | Details |
|---|---|
| Basic Pay | Rs 48,480 (with a progression multiple) |
| Increment Structure | Rs 2,000 / 7 increments, Rs 24,380 / 2 increments, Rs 26,680 / 7 increments |
| Approximate Total | Rs 67,160 (initial gross salary) |
Allowances and Benefits
In addition to basic pay, the officers are entitled to various allowances and benefits, including:
- Dearness Allowance (DA)
- House Rent Allowance (HRA) or lease rental
- City Compensation Allowance (CCA)
- Perquisites and other benefits as per prevailing rules and regulations
Selection Process
The selection process for the LBO recruitment typically involves the following stages:
- Online Written Examination: An objective test designed to assess reasoning, numerical ability, general awareness, English language, and banking knowledge.
- Interview: Candidates who qualify in the written exam will be called for a personal interview or group discussion as per the bank’s recruitment policy.
- Document Verification: Final verification of educational certificates, identity proof, and other documents.
Vacancy Details
Total Vacancies available are 400, distributed possibly based on regional, category, or merit considerations. Details regarding reservation, region-wise distribution, or category-wise vacancies can be obtained from the official notification.
Important FAQ about Indian Overseas Bank LBO Recruitment 2025
1. What is the starting date for online applications?
The online application process begins on 12th May 2025.
2. When is the last date for submission?
The last date to apply online is 31st May 2025.
3. What is the eligibility criterion?
Applicants must hold any graduation degree from a recognized university or institution.
4. What is the maximum age limit to apply?
The maximum age limit is 30 years, with relaxations applicable as per government rules.
5. How many vacancies are announced?
The total number of vacancies is 400.
Summary and Additional Information
This recruitment drive offers a promising career opportunity within the Indian banking sector. Candidates are advised to carefully read the official notification and ensure they meet all the eligibility criteria before applying. Keep track of the official website for updates and further instructions.
For detailed information on the application process, eligibility, and other related details, visit the official [Indian Overseas Bank Recruitment 2025 Notification PDF](https://www.iob.in/upload/CEDocuments/IOB-Recruitment-of-Local-Bank-Officer-2025-26.pdf) in a new tab.