Recruitment for Probationary
Officers 2013 in Indian Overseas Bank
Indian
Overseas Bank invited applications for recruitment to the posts of Probationary
Officers. IOB is looking for young, qualified and dynamic graduates for
recruitment 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).
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. Candidates are requested to apply only through online between 10.07.2013
and 29.07.2013 through Bank’s websitewww.iob.in. No other means/mode of
application will be accepted.
Important Dates
Opening Date for Online Registration: 10
July 2013
Closing Date for Online Registration: 29
July 2013
Payment of Application Fee/Intimation
Charge: 10 July 2013 to 29 July 2013
Download Of Call Letters for Online
Examination (Tentative): After 19 August 2013
Tentative Date Of Online Examination: 01
September 2013
Tentative Month of Interview: September
/ October2013
Details of Posts
Name of Posts: Probationary Officers
in Junior Management Grade Scale-I
Number of Posts: 480
Eligibility Criteria/Educational Qualification
The
candidate should have graduation from a recognized University/Institution with
minimum 60% Marks (For Candidates belonging to SC/ST/PC category minimum 55%
Marks). Graduation results should be declared by the University/Institution on
or before 01 September 2013.
Age Limit
Minimum Age: 20 Years
Maximum Age: 28 Years
Relaxation
in maximum age for SC/ST/OBC/PC/Ex-Servicemen will be as per extant Government
Guidelines.
Selection Process
The
selection of the candidates will be done on the basis of performance in written
examination and interview.
How to Apply
The
candidates can apply through Online Format available on Bank’s website before
29 July 2013.
Stipend (During the Training): During the Training Period (9
Months)Rs,2500/- per monthDuring the Internship Period (3 Months)Rs.10000/- per
month After Joining The Bank’s Services As Probationary Officers On Successful
Completion Of Training: Pay Scale :Rs.14500 - 25700
Probation Period: 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.
Application
Fee / Intimation Charges: The Payment of fees should be made between 10.07.2013
and 29.07.2013 (inclusive of both dates)
Post Name-
FOR SC/ST/ PC For all others
(Including OBC)
Probationary
Officers,JMG Scale – I Rs.50 Rs.500
Bond Amount:
Candidates selected for appointment will be required to execute a Financial
Service Bond for rendering service for a minimum period of 5 years. The amount
of the Financial Service Bond presently is ` 2,00,000/- along with liquidation
of the loan amount at commercial rate of interest (if any) and the stipend
received during the training period.
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