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Wednesday, 28 March 2012

Indian Overseas Bank, Probationary Officers Vacancy - Mar 2012

Indian Overseas Bank Recruitment of 1500 Probationary Officers – 2012

Designation:  Probationary Officers

Eligibility :   Graduate
Location :    All India

Job Details:

Indian Overseas Bank, a leading Public Sector Bank with headquarters in Chennai having geographical presence all over India and abroad invites On-line applications from Indian Citizens for the post of Probationary Officers in Junior Management Grade Scale – I, who have taken the Common Written Examination (CWE) for Probationary Officers/Management Trainees conducted by IBPS in Sept / Nov 2011 and obtained a valid IBPS CWE-PO/MT-2011 Score Card and who meet the eligibility criteria mentioned in this notification below.

1. Probationary Officers - 1500 Posts, (SC 223, ST 149, OBC 392, GEN 736)

Salary: Rs.14500 – 600 /7 – 18700 – 700/2 – 20100 – 800/7 – 25700 plus DA, HRA, CCA as per rules in force from time to time.

Qualification : 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 have been declared by the university/ Institution on or before 01.07.2011. ii) Computer literacy shall be an essential qualification, which the candidate must either possess before or acquire within six months of joining the Bank. iii) Diploma in Banking & Finance (DBF) from Indian Institute Of Banking and Finance (IIBF) is a desirable qualification besides the above entry level qualification. Note: Candidates are advised to only enter percentage of marks (calculated to the nearest two decimals) obtained in the Graduation in the on-line 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%.

Age(As on 01.07.2011): Minimum: 21 Years and Maximum: 30 Years

Selection Procedure : Written Examination(Tentative date of Interview May/June 2012)

Payment of application fee/Postage Charge: For  SC/ST/ PC Rs 50/-,For all others (Including  OBC) Rs 200. Payment of application fee/Postage Charge  30.03.2012 TO 19.04.2012.Application Fee / Postage Charge has to be paid in cash only at any Branch of Indian Overseas Bank before applying On-line.
Company Profile :

The Constitution of the Board of the Bank is governed by "The Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1970, formulated by the Central Government, after consultation with the Reserve Bank of India, in exercise of the powers conferred by section 9 of "The Banking Companies (Acquisition and Transfer of Undertakings) Ac, t 1970".

The Composition of the Board of Directors of a Bank is governed by "The Nationalised Banks (Management and Miscellaneous Provisions)Scheme 1970" read with "The Banking Companies (Acquisition and Transfer of Undertakings) and Financial Institutions Laws (Amendment) Act 2006" and amendment to thevide Extraordinary Gazette Notification dated 19.02.2007 of the Central Government.

How To Apply:

Eligible candidates are required to apply ‘ON-LINE’ only through our Bank’s 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 on-line. Candidates are required to have a valid personal e-mail ID (as specified in the on-line application form while applying for Common Written Examination (CWE) for POs/MTs conducted in Sept / Nov 2011 by IBPS). It should be kept active for the duration of this recruitment process.

Last Date to Apply: 19th April 2012

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