If you’ve been eyeing a stable government job in the banking sector, now’s your moment. Indian Overseas Bank (IOB) has officially released its notification for the recruitment of 400 Local Bank Officers (LBOs) under the Assistant Manager (Scale I) category. With positions across six major Indian states, this is a big opportunity for graduates ready to take on a professional challenge. Let’s walk through all the key details you need to know.
Table of Contents
Overview
IOB’s 2025 LBO Recruitment drive offers not just a job, but a complete career path with financial security and long-term growth. It’s open to fresh graduates and comes with a multi-stage selection process that includes tests of both skill and character.
Here’s a summary of the key highlights:
| Particulars | Details |
|---|---|
| Bank | Indian Overseas Bank |
| Post | Local Bank Officer (Assistant Manager) |
| Total Vacancies | 400 |
| Application Dates | 12th to 31st May 2025 |
| Qualification Required | Graduate in any discipline |
| Age Limit | 20 to 30 years |
| Selection Stages | Online Exam, Language Test, Interview |
| Basic Salary | ₹48,480/month |
| Application Fees | ₹850 (Gen/OBC/EWS), ₹175 (SC/ST/PwBD) |
| Website | www.iob.in |
Vacancies
IOB has distributed the 400 LBO positions across Tamil Nadu, Odisha, Maharashtra, Gujarat, West Bengal, and Punjab. Tamil Nadu takes the largest share with 260 roles.
| State | Vacancies |
|---|---|
| Tamil Nadu | 260 |
| Maharashtra | 45 |
| Gujarat | 30 |
| West Bengal | 34 |
| Punjab | 21 |
| Odisha | 10 |
| Total | 400 |
Eligibility
To apply, candidates must meet two simple criteria:
- Educational Qualification: A graduation degree from a recognized university.
- Age Limit: Between 20 to 30 years as of the notification date. Relaxations apply for reserved categories.
Application
The registration process is online and starts on 12th May 2025, closing on 31st May 2025. Interested candidates should apply via the official IOB website and avoid waiting until the last minute to avoid technical issues.
Fees
The application fee varies by category and is non-refundable:
| Category | Fee |
|---|---|
| General/OBC/EWS | ₹850 |
| SC/ST/PwBD | ₹175 |
Make sure you check eligibility before making the payment.
Selection
IOB’s selection process is designed to identify the best talent through a structured three-stage approach:
- Online Written Test
- Language Proficiency Test (LPT)
- Personal Interview
The final merit list will weigh 80% of the marks from the written exam and 20% from the interview.
Pattern
The exam includes four major sections and lasts for 3 hours. Each section has a fixed number of questions and time limit.
| Section | Questions | Marks | Time |
|---|---|---|---|
| Reasoning & Computer Aptitude | 30 | 60 | 60 minutes |
| General/Economy/Banking Awareness | 40 | 40 | 30 minutes |
| Data Analysis & Interpretation | 30 | 60 | 60 minutes |
| English Language | 40 | 40 | 30 minutes |
| Total | 140 | 200 | 3 hours |
Salary
Selected LBOs will start at a basic pay of ₹48,480 and can earn up to ₹85,920 through regular increments. Additional benefits include:
- DA, HRA, CCA: As per existing norms
- Probation Period: 2 years with performance monitoring
- Bond Requirement: ₹2,00,000 for 3 years of mandatory service
- Leave & Travel: As per officer cadre policies
This recruitment drive is not just a job offering—it’s a career with solid benefits, structure, and opportunity. If you’re a graduate with the ambition to build a future in banking, this is the right step. Mark your calendar, prepare well, and apply early!
FAQs
What is the last date to apply?
The last date to apply is 31st May 2025.
How many vacancies are there?
There are 400 vacancies for the LBO post.
Is graduation mandatory to apply?
Yes, a graduate degree is mandatory for eligibility.
What is the starting salary?
The basic pay starts at ₹48,480 per month.
Is there any bond after selection?
Yes, a ₹2 lakh bond for 3 years is required.
