Indian Overseas Bank LBO Recruitment 2025 – Notification, Eligibility, Vacancy & More
Indian Overseas Bank (IOB) has released the official notification for the recruitment of Local Bank Officers (LBO) under the post of Assistant Manager – Scale I. A total of 400 vacancies have been announced across multiple states. This is a great opportunity for graduates seeking a career in the banking sector.
Overview of IOB LBO Recruitment 2025
| Parameter | Details |
|---|---|
| Organization | Indian Overseas Bank (IOB) |
| Post | Local Bank Officer (Assistant Manager – Scale I) |
| Total Vacancies | 400 |
| Application Mode | Online |
| Application Dates | 12 May 2025 – 31 May 2025 |
| Official Website | www.iob.in |
Important Dates
| Event | Date |
|---|---|
| Notification Release Date | 9 May 2025 |
| Start of Online Application | 12 May 2025 |
| Last Date to Apply | 31 May 2025 |
| Last Date for Fee Payment | 31 May 2025 |
| Last Date to Print Application Form | 15 June 2025 |
State-wise Vacancy Distribution
| State | Number of Vacancies |
|---|---|
| Tamil Nadu | 260 |
| Maharashtra | 45 |
| West Bengal | 34 |
| Punjab | 21 |
| Gujarat | 30 |
| Odisha | 10 |
| Total | 400 |
Candidates must be proficient in the local language of the respective state.
Eligibility Criteria
| Criteria | Requirement |
|---|---|
| Educational Qualification | Graduation in any discipline from a recognized university |
| Age Limit (as of 1 May 2025) | 20 to 30 years |
Age Relaxation:
| Category | Relaxation |
|---|---|
| SC/ST | 5 years |
| OBC (NCL) | 3 years |
| PwBD | 10 years |
| Others | As per government norms |
Application Fee
| Category | Fee (INR) |
|---|---|
| General/OBC/EWS | ₹850 (including GST) |
| SC/ST/PwBD | ₹175 (intimation charges only) |
Selection Process
The selection process will consist of:
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Online Examination
-
Language Proficiency Test (LPT)
-
Personal Interview
Final selection will be based on the combined performance in the Online Exam (80%) and Interview (20%).
Exam Pattern
| Section | Questions | Marks | Time |
|---|---|---|---|
| Reasoning & Computer Aptitude | 30 | 60 | 60 minutes |
| General/Economy/Banking Awareness | 40 | 40 | 30 minutes |
| Data Analysis & Interpretation | 30 | 60 | 60 minutes |
| English Language | 40 | 40 | 30 minutes |
| Total | 140 | 200 | 180 minutes (3 hrs) |
Note: There will be a negative marking of 0.25 marks for each wrong answer.
Salary and Benefits
| Component | Details |
|---|---|
| Basic Pay | ₹48,480/- |
| Pay Scale | ₹48,480 – 2000/7 – 62,480 – 2340/2 – 67,160 – 2680/7 – 85,920 |
| Other Benefits | DA, HRA, CCA as per bank rules |
| Probation Period | 2 years |
| Service Bond | ₹2,00,000 for a minimum of 3 years |
How to Apply Online
Follow these steps to apply for the IOB LBO Recruitment 2025:
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Visit the official website: www.iob.in
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Navigate to the “Careers” section.
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Click on “Recruitment of Local Bank Officers – 2025-26”.
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Register using your details and fill out the application form.
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Upload the required documents.
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Pay the application fee.
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Submit the form and save a printout for future reference.
Final Words
The IOB LBO Recruitment 2025 provides a fantastic opportunity for aspiring bankers to join a prestigious public sector bank. With a transparent selection process, competitive salary, and professional growth, this is a career opportunity you shouldn’t miss.
For the latest updates and preparation tips, stay connected with reliable job portals and the official IOB website.