Indian Overseas Bank (IOB) has announced a significant recruitment drive for 2024, aiming to fill 550 apprentice positions across India. This recruitment is part of the bank’s initiative under the Apprentices Act, 1961, for the financial year 2024-25. The positions are spread across various states and union territories, offering a golden opportunity for graduates seeking to gain hands-on experience in the banking sector. The application process began on August 28, 2024, and will continue until September 10, 2024, allowing eligible candidates to apply online through the official IOB website.
The recruitment process is designed to select candidates through an online examination followed by a local language test. The apprentices will receive a monthly stipend ranging from ₹10,000 to ₹15,000, depending on the location of their posting. This initiative not only aims to provide employment but also to enhance the skills of young graduates by integrating them into the banking system.
Article Contents
Indian Overseas Bank Apprentice Recruitment 2024
| Organization | Indian Overseas Bank |
| Post Name | Apprentice |
| Total Vacancies | 550 |
| Application Mode | Online |
| Educational Qualification | Bachelor’s Degree |
| Age Limit | 20-28 years |
| Selection Process | Online Exam, Local Language Test |
| Stipend | ₹10,000 – ₹15,000 |
| Job Location | Across India |
| Official Website | www.iob.in |
Indian Overseas Bank Vacancy Details
The 550 vacancies are distributed across various states and categories. Here is a breakdown of the vacancies:
Eligibility Criteria
Candidates must meet the following eligibility criteria:
- Age: 20 to 28 years as of August 1, 2024.
- Educational Qualification: A graduate degree from a recognized university or equivalent qualification recognized by the Central Government.
Documents Required
Applicants need to prepare the following documents:
- Mark Sheets and Provisional Degree Certificates from the university or college.
- Identity Proof (Aadhaar Card, Voter ID, etc.).
- Photograph and Signature in specified formats.
Application Fee
The application fee varies by category:
| Category | Fee (INR) |
| General/OBC/EWS | 944 |
| Female/SC/ST | 708 |
| PwD | 472 |
Important Dates
- Application Start Date: August 28, 2024
- Application End Date: September 10, 2024
- Last Date for Fee Payment: September 15, 2024
- Online Exam Date: September 22, 2024
Indian Overseas Bank Selection Process
- Online Examination: Tests on General/Financial Awareness, General English, Quantitative & Reasoning Aptitude, and Computer Knowledge.
- Local Language Test: Assessment of proficiency in the local language of the state applied for.
- Document Verification: Verification of submitted documents.
- Medical Examination: Final medical fitness check.
Indian Overseas Bank Jobs Salary Structure
The salary structure for the apprentices varies based on the location:
- Metro Areas: ₹15,000 per month
- Urban Areas: ₹12,000 per month
- Semi-Urban/Rural Areas: ₹10,000 per month
How To Apply For The Indian Overseas Bank Recruitment 2024
Follow these steps to apply for the Indian Overseas Bank Apprentice Recruitment 2024:
- Visit the Official Website: Go to the IOB website at www.iob.in.
- Go to Careers Section: Click on the “Careers” tab located in the footer of the homepage.
- Find the Recruitment Notification: Look for the advertisement titled “Engagement of Apprentices under Apprentices Act, 1961 for FY2024-25.”
- Fill Out the Application Form: Complete the online application form with accurate details.
- Submit the Application Fee: Pay the application fee online as per your category.
- Submit the Application: Review all details and submit the form.
Official Links
- Official Website: Click Here
- Vacancy Notification: Check Here
- Recruitment 2024: Apply Here