Indian Overseas Bank Probationary Officer (PO) Recruitment 2011 for 1000 Probationary Officers

INDIAN OVERSEAS BANK RECRUITS 1000 PROBATIONARY OFFICERS

 

Indian Overseas Bank, a leading Public Sector Bank with headquarters in Chennai having geographical presence all over India and abroad invites applications from Indian citizens for the post of probationary officer in junior management grade scale-I

Candidates are requested to apply only through online between 08th February, 2011 and 01st March, 2011 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 and/or postage amount once deposited will neither be refunded nor be adjusted against any other recruitment process. Candidates are advised to fill their particulars online themselves correctly

Important dates

Opening date for online registration: 08th February, 2011

Closing date for online registration: 01st March, 2011

Payment of application fee/postage: 08th February, 2011 to 01st March, 2011

Tentative date of written examination: 22nd May, 2011 (Sunday)

Details of vacancies: Probationary officers, JMGS-I (1000)

Details of reservation: SC 146; ST 96; OBC 263; General 495; Total 1000

 

Eligibility criteria

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) and (v) above shall be a person in whose favour a certificate of eligibility has been issued by the govt of India. A candidate in whose case a certificate of eligibility is necessary may be admitted to the examination and/or interview conducted by the Bank but on final selection the offer of appointment may be given only after the govt of India has issued the necessary eligibility certificate

Educational qualifications (as on 01st January, 2011): Graduation from a recognised university with minimum 60% marks (for candidates belonging to SC/ST/PC category minimum 55% marks)

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 and finance (DBF) from Indian Institute of banking and finance (IIBF) is a desirable qualification besides the above entry level qualification

 

 

Candidates are advised to only enter percentage of marks 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

Age (as on 01st January, 2011): Minimum 21 years, maximum 30 years

The candidates who have completed the age of 21 years as on 01st January, 2011 and not completed 30 years as on 01st January, 2011 are eligible to apply. Relaxation in maximum age for SC/ST/OBC/PC/Ex-servicemen will be as per govt’s guidelines

Relaxation in upper age limit: SC/ST candidates 5 years; OBC candidates 3 years; Ex-service commissioned officers candidates 5 years; persons domiciled in Kashmir division of J&K state during the period from 01.01.1980 to 31.12.1989 5 years; PwD Category candidates 10 years

How to apply: Eligible candidates are required to apply online only through our website www.iob.in and no other means/mode of application will be acceptable. Candidates are advised to follow the following sequence of steps while applying online

Candidates are required to have a valid e-mail ID. It should be kept active for the duration of this recruitment process. Under no circumstances, he/she should share/mention e-mail ID to/of any other person

In case a candidate does not have a valid personal e-mail ID, he/she should create his/her e-mail ID before applying on-line

Log on to our Bank’s website www.iob.in and click career column (available at the top of the bank’s website), then the career page will open

Go through the detailed advertisement by clicking the advertisement (English) or Advertisement (Hindi) available in the career page and ensure candidate’s eligibility to apply for the said post

Take print out of payment receipt by clicking download payment receipt available in the career page

Remit the application fee/postages as applicable to the candidate with the filled up payment receipt in any of Indian overseas bank branches by means of cash only and collect candidate’s copy of payment receipt for the application fee paid. Please ensure that the following information has been correctly entered (i) branch name and code number (ii) transaction ID (iii) date of deposit and amount

Again logon to our Bank’s website www.iob.in and open the career page. Click apply online. Then online application will open. Fill up all the details required in the application and click submit button available at the bottom of the online application and online application will be registered. A registration number and password will appear for your online registration immediately on the screen. This can be used only for taking printout of the online application registered by the candidates for their records and candidates should not send the printout of the online application to the bank

There is a provision to modify the submitted on line application. Candidates are requested to make use of this facility to correct their details in the on line application, if any. This modification facility will be available up to 03rd March, 2011. After this date no modification will be permitted. Candidate should take utmost care while filling the on line application

For the purpose of locating the branch address for remitting fees, candidate may log on to our Bank website www.iob.in wherein provision is available for locating address of the branches

Candidates should submit the candidate’s copy of payment receipt along with the call letter at the time of written examination failing which the candidate will not be admitted for the written examination

The payment of fees should be made between 08th February, 2011 and 01st March, 2011 (inclusive of both dates) and the last date for applying online is 01st March, 2011. Application for online registration will be available in our Bank’s website between 08th February, 2011 and 01st March, 2011 only. Even if the last date for online application is revised the dates for payment of application fees/postage will remain unchanged

Applications once made will not be allowed to be withdrawn and application fee/postages once paid shall not be refunded or shall not be held in reserve for any other examination

Application fee (including postage charge) non refundable; for SC/ST/PwD-Rs 50/- (for postage); for all others (including OBC)-Rs 400/- (Rs 350+50 for postage)

Application fee has to be paid in cash only at any branch of Indian overseas bank before applying online

Emoluments for the post of Probationary Officers-JMG scale-I: 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

Written examination: The written examination will comprise of objective test and descriptive test details of which is furnished hereunder

Objective test: Test of Reasoning, Test of English Language, Test of Quantitative Aptitude, Test of General Awareness with special reference to Banking Industry, Test of Computer Knowledge (250 questions carrying total weightage of 225 with total time duration of 150 minutes)

There will be penalty for wrong answers marked in the objective tests which will result in negative marks for every wrong answer @ one-fourth or 0.25 of the marks assigned to that question. If the total of the penalty for a test is in fraction, the marks obtained will be rounded off to the nearest integer

Descriptive test: Descriptive paper on English composition will comprise 3 compulsory questions (Essay, précis writing, letter writing etc,)

The descriptive test carries total marks of 50 and weightage for the same will be 25

The question paper for above test both objective and descriptive except the test of English language and descriptive paper will be printed bilingual i.e. English and Hindi. Bank will decide the minimum cut-off marks for each test as well as total weightage marks. Depending on the number of vacancies, such of those candidates who rank sufficiently high in the order of merit in the written test as per the cut off marks decided by the Bank will only be called for the interview

Written examination centers: The written examination will be held at the following centres and the address of the venue will be advised in the call letters

Ahmedabad, Kolkata, Bangalore, Lucknow, Bhopal, Ludhiana, Bhubaneshwar, Madurai, Chandigarh, Meerut, Chennai, Mumbai, Coimbatore, Patna, Delhi, Puducherry, Ernakulam, Ranchi, Guwahati, Trichy, Hyderabad, Vijayawada, Jaipur

The Bank reserves the right to alter written examination date and/or alter/add written examination centre under unforeseen circumstances, if any

Mere eligibility/pass in the written examination shall not vest any right in a candidate for being called for personal interview. Depending upon number of vacancies, only of those candidates who rank sufficiently high in the order of merit in the written examination as per the cut off marks decided by the Bank will only be called for the interview

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/PwD candidates

Final selection will be made on the basis of aggregate marks obtained by the candidates in the written examination and interview and will be strictly according to the merit ranking

Pre-examination training (for SC/ST/minority community candidates only): It is proposed to impart pre-examination training to a limited number of candidates belonging to SC/ST/minority communities at following centres at the discretion of the Bank; Ahmedabad, Bangalore, Bhopal, Bhubaneshwar, Chandigarh, Chennai, Coimbatore, Delhi, Ernakulum, Guwahati, Hyderabad, Jaipur, Kolkata, Lucknow, Ludhiana, Madurai, Meerut, Mumbai, Patna, Puducherry, Trichy, Ranchi, Vijayawada

All eligible candidates who wish to avail of pre-examination training should fill in the relevant column in the on-line application. All expenses regarding traveling, boarding, lodging etc will be borne by the candidate for attending the pre-examination training programme at the concerned centres. The bank however reserves the right to cancel the centres indicated for the training depending upon the response, administrative feasibility etc. The Bank also reserves the right to allot the candidates to any of the centres other than the one he/she has opted for

Call letters for the written examination: The date of the written examination is 22nd May, 2011 (Sunday). The date of written examination along with the centre/venue and time of the written examination will be intimated in the call letter which will be sent to all eligible candidates before the date of the written examination. All eligible candidates will be issued call-letters at the correspondence address given by them in their online application, which will be sent by post

Candidates who do not receive call letter latest by 16th May, 2011 may download the duplicate call letter from our Bank’s website www.iob.on by entering his/her details between 17th May, 2011 to 21st May, 2011; or obtain duplicate call letter between 18th May, 2011 and 21st May, 2011 between 11.00 a.m. and 4.00 p.m. (on Saturday between 11.00 a.m. to 2.00 p.m.) by contacting in person at the address for the respective centres along with copy of application, registration number and original candidate’s copy of payment receipt

Candidates have to affix his/her photograph on the call letter. Candidate has to bring this call letter along with original candidate’s copy of payment receipt while attending the written examination

Candidates have to submit original candidate’s copy of payment receipt along with examination call letter while attending the written examination without which they will not be allowed to take up the examination

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