Candidates will be inducted into Indian Overseas Bank as Probationary Officers in Junior Management Grade Scale-I after 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 can apply online between 10.07.2013 and 29.07.2013.
You dont need IBPS PO score card. They will conduct online exam which is followed by interview. There are 480 vacancies in this recruitment.
EDUCATIONAL QUALIFICATIONS (AS ON 01.09.2013):
Graduation from a recognised 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 01.09.2013.
AGE (AS ON 01.09.2013): Minimum Age: 20 Years; Maximum Age: 28 Years.
STIPEND (DURING THE TRAINING):
During the Training Period (9 Months) – `2500/- per month
During the Internship Period (3 Months) – `10000/- per month
AFTER JOINING THE BANK’S SERVICES AS PROBATIONARY OFFICERS ON SUCCESSFUL COMPLETION OF TRAINING:
Pay Scale – ` 14500 – 600 /7 – 18700 – 700/2 – 20100 – 800/7 – 25700 plus DA, HRA, CCA as per rules in force from time to time.
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.
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.
General/ OBC : Rs.500
SC/ ST/ PH: Rs.50
Click Here to Download Indian Overseas Bank (IOB) PO 2013 Recruitment Notification
Click Here to Download Indian Overseas Bank (IOB) PO 2013 Online Exam
Click Here to Apply for Indian Overseas Bank (IOB) PO Online Exam 2013.