IOB recruitment of 480 POs through tie-up with Academic Institution

INDIAN OVERSEAS BANK
(A Govt of India Undertaking)
Central Office, 763, Anna Salai, Chennai – 600 002
www.iob.in

Advt No.: HRDD/RECT/01/2013 Dated 10.07.2013

RECRUITMENT OF 480 PROBATIONARY OFFICERS THROUGH TIE-UP WITH ACADEMIC INSTITUTION

Indian Overseas Bank, a Nationalized Bank with pan India presence has entered into a MoU with Manipal Global Education Services Pvt. Ltd (MaGE), Bangalore a leader in education field to provide World Class training in Banking and Finance to prospective candidates aspiring to join Indian Overseas Bank as Probationary Officers so that they are fully equipped to discharge their duties effectively from day one of joining the services of the bank.

We are 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).

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 our Bank’s website www.iob.in. No other means/mode of application will be accepted.

Before applying, candidates are advised to ensure that they fulfill the stipulated eligibility criteria. They should note that Application Fee/ Intimation charge once deposited will neither be refunded nor be adjusted against any other recruitment process. Candidates are advised to fill their particulars online by themselves correctly.

IMPORTANT DATES

OPENING DATE FOR ONLINE REGISTRATION	10.07.2013
CLOSING DATE FOR ONLINE REGISTRATION	29.07.2013
PAYMENT OF APPLICATION FEE /INTIMATION CHARGE	10.07.2013 to 29.07.2013
DOWNLOAD OF CALL LETTERS FOR ONLINE EXAMINATION (TENTATIVE)	AFTER 19.08.2013
TENTATIVE DATE OF ONLINE EXAMINATION	01.09.2013
TENTATIVE MONTH OF INTERVIEW	SEPTEMBER / OCTOBER 2013

1. DETAILS OF VACANCIES FOR ADMISSION
The number of students who would be trained by Indian Overseas Bank Manipal School of Banking is 480.
2. DETAILS OF RESERVATION FOR ADMISSION

SC	ST	OBC	GEN	TOTAL NUMBER OF VACANCIES	OF WHICH PC
					VI	HI	OC
72	36	129	243	480	5	5	4

SC – Scheduled Caste, ST – Scheduled Tribe, OBC – Other Backward Classes, GEN – General, PC – Physically Challenged, VI -Visually Impaired , HI– Hearing Impaired, OC – Orthopaedically Challenged , JMGS – I – Junior Management Grade Scale- I, PO – Probationary Officer, MoU – Memorandum of Understanding.
a)     As the reservation for Physically Challenged persons is on horizontal basis, the selected candidates will be placed in the appropriate category (viz. SC/ST/OBC/GENERAL) to which they belong.
b)     The number of vacancies as also the number of reserved vacancies is provisional and may vary according to actual requirements of the Bank.
c)     The above reservation is inclusive of shortfall/backlog reservation.

3. ELIGIBILITY CRITERIA
A. NATIONALITY/CITIZENSHIP
A candidate must be either i) a Citizen of India or ii) a subject of Nepal or iii) subject of Bhutan or iv) a Tibetan refugee who came over to India before 1st January, 1962 with the intention of permanently settling in India or v) a person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, the United Republic of Tanzania (formerly Tanganyika and Zanzibar), Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India, provided that a candidate belonging to categories (ii), (iii), (iv) & (v) above shall be a person in whose favour a certificate of eligibility has been issued by the Government of India. A candidate in whose case a certificate of eligibility is necessary may be admitted to the Interview conducted by the Bank, but on final selection the offer of appointment may be given only after the necessary eligibility certificate issued by the Government of India, is produced.
B. EDUCATIONAL QUALIFICATIONS (AS ON 01.09.2013):
i) 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. 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.

Note: Candidates are advised to only enter percentage of marks (calculated to the nearest two decimals) obtained in the Graduation in the online application form. Where no percentage of mark is awarded by the University, but only CGPA/ OGPA is awarded, candidates are advised to convert the same into percentage and enter only the percentage of marks. The fraction of percentage will be ignored and will NOT be rounded off to the next highest integer i.e. 59.99% will be treated as less than 60% and 54.99% will be treated as less than 55%.
C. AGE (AS ON 01.09.2013):
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.

RELAXATION IN UPPER AGE LIMIT

S.No.	CATEGORY	AGE RELAXATION
1	Scheduled Caste/ Scheduled Tribe Candidates	5 years
2	Other Backward Classes Candidates	3 years
3	In the case of Ex- service commissioned Officers, including ECOs/ SSCOs, who have rendered at least 5 years military service and have been released on completion of assignment (including those whose assignment is due to be completed within 12 months from the date prescribed for opening of online registration) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency or on account of physical disability attributable to military service or on invalidment.	5 years
4	Persons domiciled in Kashmir Division of Jammu & Kashmir State during the period from 01.01.1980 to 31.12.1989	5 years
5	Physically Challenged Category candidates	10 years
6	Persons affected by 1984 riots	5 years

Note:
i)       An ex- serviceman who has once joined a Government job on civil side after availing of the benefits given to him as an Ex-Serviceman for his re-employment, including a job in Public Sector Undertaking ceases to enjoy Ex- serviceman status for further employment.
ii)      In case of a candidate who is eligible for relaxation under more than one of the above categories, the age relaxation will be available on cumulative basis with any one of the remaining categories for which age relaxation is permitted as mentioned above in Point 3 to 6 . This cumulative age relaxation is available to SC/ST/OBC candidates only.
iii)     All persons eligible for age relaxation under S.No. 4 above must produce the domicile certificate at the time of interview, from the District Magistrate in the Kashmir Division within whose jurisdiction he/ she had ordinarily resided or any other authority designated in this regard by the Govt. of Jammu & Kashmir, to the effect that the candidate had ordinarily been domiciled in the Kashmir Division of the state of Jammu & Kashmir during 1^st January 1980 to 31^st December 1989.
iv)    Above relaxations are available only if the candidates fulfill the various conditions prescribed in the Govt. of India orders and instructions in this regard. To claim age relaxation, reserved category candidates should submit a copy of the necessary Certificate(s) at the time of interview.
v) There is no reservation for Ex-Servicemen in the Officer Cadre.

Fore more details refer to the IOB website here: http://www.iob.in/Careers.aspx

Download the complete notification in PDF form HERE:
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