(Advt No. : HRDD/RECT/ 01 / 2012)

Indian Overseas Bank, a leading Public Sector Bank with headquarters in Chennai having geographical presence all over India and abroad invites On-line applications from Indian Citizens for the post of Probationary Officers in Junior Management Grade Scale – I, who have taken the Common Written Examination (CWE) for Probationary Officers/Management Trainees conducted by IBPS in Sept / Nov 2011 and obtained a valid IBPS CWE-PO/MT-2011 Score Card and who meet the eligibility criteria mentioned in this notification below.

Probationary Officer:

Scale: JMGS - I

Total Posts: 1500

IBPS Score Requirement:

Candidates should have obtained the valid IBPS CWE-PO/MT-2011 Score card, score in each test components and Total Weighted Standard Score (TWS) as mentioned below in the Common Written Examination conducted for POs/MTs in Sept / Nov 2011 by IBPS. Candidates should be able to produce the original IBPS CWE-PO/MT-2011 Score Card in support of the scores mentioned in the on-line application form, if called for Interview.

• For General Category: TWS - Minimum 120

• For Reserved Category (SC/ST/OBC/PC): TWS - Minimum 105

Education Qualification:

• Graduation from a recognised university/Institution with minimum 60% Marks. (For Candidates belonging to SC/ST/PC category minimum 55% Marks). Graduation results should have been declared by the
  university/Institution on or before 01.07.2011.

• Computer literacy shall be an essential qualification, which the candidate must either possess before or acquire within six months of joining the Bank.

• Diploma in Banking & Finance (DBF) from Indian Institute Of Banking and Finance (IIBF) is a desirable qualification besides the above entry level qualification.

Age Limit: Minimum: 21 Years and Maximum: 30 Years

Pay Scale: Rs.14500 - 600 /7 – 18700 - 700/2 - 20100 - 800/7 - 25700 plus DA, HRA, CCA as per rules in force from time to time.

Selection Process:

Interview:

Mere eligibility/ pass in the Common Written Examination shall not vest any right in a candidate for being called for Interview. Depending upon the number of vacancies, only those candidates who rank sufficiently high in the order of merit in Common Written Examination (CWE) conducted by IBPS in Sept / Nov 2011, as per the cut-off marks decided by the Bank will be called for the Interview.

The Interview will carry 50 Marks. Minimum qualifying marks in the Interview will be 22.50 marks for General Category and 20.00 marks for SC/ST/OBC/PC Candidates.

Final selection will be made on the basis of aggregate marks obtained by the candidates in the Common Written Examination (CWE) conducted by IBPS in Sept / Nov 2011 & Interview and will be strictly according to the merit ranking. The candidates belonging to SC/ST/OBC/PC will be given relaxation in marks as per extant Government Guidelines. The Bank reserves the right to change the selection procedure, if necessary.

Application Fee:

• For SC/ST/PC : Rs.50

• For All Others (Including OBC) : Rs.200

Important Dates:

• Opening Date For Online Registration 30.03.2012

• Closing Date For Online Registration 19.04.2012

• Payment of Application Fee /Postage Charge 30.03.2012 To 19.04.2012

• Tentative Date of Interview May/ June 2012

How To Apply:

Candidates are requested to apply only through online between 30.03.2012 and 19.04.2012 through our Bank’s website www.iob.in  No other means/mode of application will be accepted.

Website: http://www.iob.in

Click Here For Official Notification

Courtesy: iob.in