Indian Bank SO Recruitment 2020 Notification Out

Indian-Bank-SO-Recruitment

Indian Bank SO Recruitment 2020 has been announced. The notification informs the release of 138 vacancies. Indian Bank is a leading Public Sector Bank, with headquarters in Chennai, has invited applications for Specialist Officers at different posts from the 22nd of January 2020. The interested candidates may check the recruitment details from the article below and apply online through the link while using the mentioned instructions.

Indian Bank SO Recruitment Notification

As per the Indian Bank SO Recruitment Notification 2020, the following posts are included:

  1. Assistant Manager Credit
  2. Manager Credit
  3. Manager Security
  4. Manager Forex
  5. Manager Legal
  6. Manager Dealer
  7. Manager Risk Management
  8. Senior Manager Risk Management

Important Dates:

Event Date
• Starting Date 22-January-2020
• Last Date 10-February-2020
• Fee Payment Last Date 10-February-2020
Admit Card 25-February-2020
• Exam Date 08-March-2020
Aspirants, take this as a good opportunity especially the postgraduate candidates with a wish to get a bank job.

Indian Bank SO Vacancy 2020

A good number of vacancies are provided for the post of Specialist Officer. The total number of vacancies is 138. The number of vacancies and also the number of reserved vacancies are provisional and may vary according to the actual requirement of the Bank. The reservation for PWBD is on the horizontal basis and the selected candidates will be placed in the appropriate category (viz. SC/ST/OBC/Unreserved) to which they belong to.

The distribution of these vacancies is depicted in the table below:

Post Vacancy
Assistant Manager Credit 85
Manager Credit 15
Manager Security 15
Manager Forex 10
Manager Legal 02
Manager Dealer 05
Manager Risk Management 05
Senior Manager Risk Management 01

The number of vacancies is descent enough to apply for a bank job. Candidates must see not ignore the given opportunity to get a job with a public sector bank.

Indian Bank SO Salary

Scale 1 23700-980-7-30560-1145-2-32850-1310-7-42020
Scale 2 31705-1145-132850-1310-10-45950
Scale 3 42020-1310-5-48570-1460-2-51490

DA, CCA, HRA / Leased Accommodation, Leave Fare Concession, Medical Aid, Hospitalization Benefits, Retirement Benefits and other perquisites will be admissible as per the rules of the Bank.

The selected candidates in Scale I posts will be on probation for a period of 2 years from the date of joining. Selected candidates in Scale-II and III posts will be on probation for a period of 1 year from the date of joining. Their confirmation in the Bank‟s service will be decided in terms of the provisions of Indian Bank Officers Service Regulations, 1979.

Indian Bank SO Eligibility Criteria

Following is the eligibility criteria to be fulfilled for Indian Bank SO application:

A. Citizenship

1. Citizen of India

2. Subject of Nepal or Bhutan

3. Tibetan Refugee who came to India before 1st January 1962 with the intention of permanent settlement

4. Person of Indian Origin (PIO) who has migrated from Burma, Pakistan, Sri Lanka, Vietnam or East African countries of Zaire, Kenya, Tanzania, Uganda, Zambia, Ethiopia, Malawi, with the intention of permanent settlement in India

Candidates belonging to the category 2, 3, 4 must have a certificate of eligibility issued by the Govt of India in their favour

B. Education Qualification & Age Limit

Post Age Limit Education Qualification
Assistant Manager

Credit

20-30 1.Graduate in any discipline and Post Graduate (2 years duration) in any of the following:

a.Business

b.Management

c.Finance

d.Banking

from a University / Institution /Board recognised by Government of India / Government regulatory bodies.

OR

2.CA/ICWA/CFA from a University / Institution / Board recognised by Government of India / Government regulatory bodies wherever applicable

Manager Credit 25-35 Graduate in any discipline and Post Graduate (2 years duration) in any of the following:

a.Business

b.Management

c.Finance

d.Banking

from a University / Institution /Board recognised by Government of India / Government regulatory bodies.

OR

2.CA/ICWA/CFA from a University / Institution / Board recognised by

Government of India / Government regulatory bodies wherever applicable

Experience: Minimum 1 year of experience in credit in Public / Private / Foreign Banks.

Manager Security 25-35 Graduate in any discipline from any University recognized by Govt of India

Experience: 5 years (either by way of pre or post qualification experience) as a Commissioned Officer in the Indian Army/Navy/Air Force OR Police Officer not below the rank of Deputy Superintendent

of Police OR Assistant Commandant or equivalent Rank in Paramilitary Forces.

Manager Forex 25-35 1.Graduate in any discipline and Post Graduate (2 years duration) in any of the following:

a.Business

b.Management

c.Finance

d.Banking

from a University / Institution /Board recognised by Government of India / Government regulatory bodies.

OR

2.CA / ICWA / CFA from a University / Institution / Board recognised by Government of India / Government regulatory bodies wherever applicable

Experience: Minimum 3 years of experience with Public / Private / Foreign Banks in dealing in interbank and cross currency deals / handling trade finance portfolio.

Manager Legal 25-35 A Bachelor Degree in Law (LLB) and enrolled as an advocate with Bar

Council

Experience: Enrolled as Advocate with Bar council and having 3 years of experience as practicing advocate at Bar.

OR

Minimum of 3 years experience as Legal Officer in Public / Private / Foreign Banks.

Manager Dealer 25-35 1.Graduate in any discipline and Post Graduate (2 years duration) in any of the following:

a.Business

b.Management

c.Finance

d.Banking

from a University / Institution /Board recognised by Government of India / Government regulatory bodies.

OR

2.CA / ICWA / CFA from a University / Institution / Board recognised by Government of India / Government regulatory bodies wherever applicable.

Experience: Minimum 3 years of experience in Public / Private / Foreign Banks in dealing in G Sec, Money Market, Equity, SLR and Non SLR.

Manager Risk Management 25-35 1.Graduate in any discipline and Post Graduate (2 years duration) in any of the following:

a.Business

b.Management

c.Finance

d.Banking

e.Statistics

f.Econometrics

Experience: Minimum 1-year Experience in Credit at Public / Private /

Foreign Banks

Senior Manager

Risk Management

27-37 1.Graduate in any discipline and Post Graduate (2 years duration) in any of the following:

a.Business

b.Management

c.Finance

d.Banking

e.Statistics

f.Econometrics

g.Economics

h.Risk Management

i.Mathematics

from a University / Institution / Board recognised by Government of India / Government regulatory bodies

OR

2. Graduate in any discipline and FRM from GARP.

Experience: Minimum 3 years of Experience in Public / Private / Foreign Banks of which 2 years experience in Risk Management Department.

C. Age Relaxation

Category Age Relaxation
Scheduled Caste/Scheduled Tribe (SC/ST) 5 years
Other Backward Classes (OBC Non-Creamy Layer) 3 years
Persons with Disabilities (PWD) 10 years
Ex-Servicemen (Army personnel) 5 years
Widows/Divorced Women 9 years
Persons with Domicile of Jammu &Kashmir during the period of 1-1-1980 to 31-12-1989 5 years
Persons affected by 1984 riots 5 years
Regular Employees of Union Carbide Factory, Bhopal retrenched from service(for MP state Only) 5 years

How to Apply Online for Indian Bank SO?

After checking the eligibility carefully, read the detailed requirements for the online application. You must also note that the online application will start from 22nd January 2020 to 10th February 2020. To apply for Indian Bank SO, one needs to follow the given steps.

Candidates applying online must have the following pre-requisites:

• A valid Email Id

• Photograph and Signature scanned in the prescribed size

APPLICATION FEES/ INTIMATION CHARGES (NON-REFUNDABLE)

  • Rs. 100/- + GST for SC/ST/PWBD candidates (Only intimation charges)
  • Rs. 600 /- + GST for all other

Link to Apply Online

Step 1: Click on the above-mentioned link to get redirected to the official link

Step 2: Now, click on CLICK HERE FOR NEW REGISTRATION link provided on the topmost right-hand side of the page.

Step 3: Fill in all your basic information and click on the Save and Next button at the bottom of the page

Step 4: You are required to upload your photograph and signature in this section. The permissible size of the photograph & signature must be uploaded

Step 5: Click on next button after uploading your photograph and signature successfully

Step 6: You are now required to fill in your personal details. There are three sub-sections that need to be completed in this portion of the application form.

Step 7: After you have filled in your personal details, you are required to fill in your Educational Qualifications and your Work Experience. Once you are done with this, you are required to fill in the preference list. In the preference list, mention the name of the centre.  After the choices have been made, click on save and next

Step 8: After you are done with the above process, a preview of your application form will appear before you. In case you find any error, you can edit the information provided by you.Once the data is uploaded and saved, you are not allowed to make any changes in the form, whatsoever. Therefore, kindly review all the details provided by you while filling in the application form.

Step 9: Finally, Select the preferable payment method to fill in the application fee for Exam. All payments are done online. Candidates can pay the Application fee through Credit Card/Debit Card/Net Banking etc.

Step 11: Click on Submit button. Your application will be successfully submitted.

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