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Saturday, July 13, 2013

Indian Overseas Bank(IOB) 480 Probationary officer(PO) Recruitment 2013 through Manipal University Program

IOB online Application for PO Recruitment 2013

Indian Overseas Bank(IOB) are looking for young, dynamic and qualified candidates which are to be absorbed as Probationary officer in Junior Management Grade Scale-I for their various branches across India against 480 vacancies but this PO Recruitment Programme is done through Indian overseas Bank Manipal School of Banking programme (IOBMSB) in which all the selected candidates through online Exam will go for one  year Post Graduate Diploma in banking and Finance in IOBMSB and on successful completion of the Programme, the candidates will be awarded with PG Diploma in Banking and Finance by Manipal University and after that they would be absorbed as PO in Indian overseas Bank and to apply for this Recruitment programme, the Bank has invited online Applications which is to be filled before 29th July 2013.The more details related to this are given below

Total vacancies- 480 ( SC- 72, ST-36, OBC- 129 and Gen- 243) 

Eligibility Conditions- 
a) Graduation with min 60% marks (55% for SC/ST/PC) from a Govt. recognized University.
b) Min 20 years and Max 28 years as on 1-09-2013

Selection Process- Firstly there will be a online Written Exam and after that Interview.

Syllabus for the Exam-

Test name
Max. Marks
Time Duration
Reasoning
50
2 Hours
English language
40
Quantitative Aptitude
50
General Awareness
(With reference to banking Industry )
40
Computer Knowledge
20

There will a penalty of 0.25 marks for every wrong answer.

Course fee- Rs 3.30 Lacs ( all inclusive of boarding, Lodging and course fees other fees etc.) plus service taxes as applicable to be paid by the selected candidates.

Stipend- 
a) Training Period (9 Month)- Rs 2500/month
b) Internship Period (3 Month)- Rs 10000/month

Application Fee- Rs 50 for SC/ST/PC and for all others Rs 500 including OBC.

Apply Procedure- To apply for this Programme, candidates must log on to the bank official website www.iob.in  before the mentioned last date in the Notification.

Dates
online registration starts- From  10th July to 29th July 2013
Payment of fee- 10-07-2013 to 29-07-2013.
Downloading Call letters(Tentative)- After 19-08-2013
Date of online examination(Tentative)- 1-09-2013

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