IOB Probationary Officers Recruitment 2013 - Indian Overseas Bank Manipal School of Banking (IOBMSB) 480 Vacancies

Indian Overseas Bank, a Nationalized Bank (A Government of India Undertaking) recruitment of Probationary Officers through Tie-up with Academic Institution. IOB looking for young, qualified and dynamic graduates who can be inducted into Indian Overseas Bank 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).

Name of the Post	No of Posts	Age Limit	Stipend
Probationary Officers (POs)	480	20 to 28 Years as on 01/09/2013. Relaxation for SC/ST/OBC/PC/Exs as per Govt. Rules.	Rs.2500/- PM for first 9 Months Training , Rs.10000/- for 3 months Internship Period.

Scale of Pay: Rs.4500 – 600 /7 – 18700 - 700/2 –20100 - 800/7 – 25700 plus DA, HRA, CCA as per rules in force from time to time.

Educational Qualifications: Degree 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. The candidates should produce the Semester/Year wise Mark Sheets, Consolidated Degree Mark Sheet and Provisional Certificate at the time of Interview, failing which the candidates will not be allowed to attend the Interview.

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.

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 Rs.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.

Application Fee: Rs.50/- for SC/ST/PC Candidates. Rs.500/- for all others (including OBC). The payment of fees should be made between 10.07.2013 and 29.07.2013.

How To Apply: Eligible candidates are required to apply online http://ibpsreg.sifyitest.com/iobmsbjul13/ from 10th July 2013 to 29th July 2013.

Payment Receipt Challan: http://www.iob.in/uploads/CEDocuments/3.%20MANIPAL%20FINAL%20PAYMENT%20RECEIPT%20CHALLAN.pdf

Employment News Advertisement: http://www.iob.in/uploads/CEDocuments/Final%20Manipal%20PO%20Web%20Ad%20English.pdf

by Admin | Last Updated on 2018-05-08T10:08:01Z