Indian Overseas Bank Recruitment 2015 for 100 Managers Vacancies

Indian Overseas Bank Recruitment 2015 for 100 Managers VacanciesIndian Overseas Bank (IOB) was founded on February 10th 1937, by Shri.M.Ct.M. Chidambaram Chettyar, a pioneer in many fields – Banking, Insurance and Industry with the twin objectives of specialising in foreign exchange business and overseas banking.
IOB had the unique distinction of commencing business on 10th February 1937 (on the inaugural day itself) in three branches simultaneously – at Karaikudi and Chennai in India and Rangoon in Burma (presently Myanmar) followed by a branch in Penang. At the dawn of Independence IOB had 38 branches in India and 7 branches abroad. Deposits stood at Rs.6.64 Crs and Advances at Rs.3.23 Crs at that time. The Bank setup a separate Computer Policy and Planning Department (CPPD) to implement the programme of computerisation, to develop software packages on its own and to impart training to staff members in this field. The Bank has sponsored 3 Regional Rural Banks viz. Puri Gramya Bank, Pandyan Grama Bank, Dhenkanal Gramya Bank. Indian Overseas Bank Recruitment 2015 for 100 Managers Vacancies has invited the applications from the interested candidates and the eligible candidates for the posts are requested to apply for the posts before the last date of 06th March 2015.

Indian Overseas Bank Recruitment 2015 for 100 Managers Vacancies Details::

Name of the Organisation:: Indian Overseas Bank (IOB)

Name of the Post:: Senior Manager

Educational Qualification:: MBA/PGDM/ PG-Diploma

Total No of Vacancies:; 100 Posts

Salary:: Rs.25,700-31,500/-pm

Job Location:: CHENNAI

Last Date to Apply:: 06.03.2015


ndian Overseas Bank, a leading Public Sector Bank with headquarters in Chennai having geographical presence all over India and abroad invites online applications from Indian Citizens for recruitment against 100 vacancies for Credit Officers Post in MMG Scale III. Please read this advertisement carefully and ensure the eligibility before submitting online application/ payment of Postage/Intimation charges. 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 Postage/ Intimation charges once deposited will neither be refunded nor be adjusted against any other recruitment process. Candidates are advised to fill their particulars Online by themselves correctly.

Senior Manager – Credit
Total No of Vacancy : 100 Posts
Qualification : Full Time MBA/Post Graduate Diploma in Management with Specialization in Finance CAIIB/Diploma in Banking and Finance by IIBF will be preferred. Minimum 4 years of post qualification work experience as an Officer, handling Credit in Financial Institutions, of which at-least 2 years should be in a Scheduled Commercial Bank handling Credit Portfolio.
AGE (in years) : Min – 26 Max – 35
Scale of Pay : 25700 – 800/5 / 29700 – 900/2 – 31500

Candidates can apply on or before 06.03.2015
After scrutiny of the applications received, only eligible candidates will be called for Personal Interview. The short-listing and call for interview will be on the basis of the details provided by the candidates in the online application & documents forwarded along with the Online application. The Bank would be free to reject the candidature of any candidate at any stage of the recruitment process, if he / she is found to be ineligible and / or furnished incorrect or false Page 4 of 11 information / certificates / documents or has suppressed any material facts; and the fees paid by the ineligible candidates shall be forfeited.
The Bank may decide upon any other selection methodology for short-listing for Interview, if required, depending upon the response received.
Bank reserves the right to shortlist requisite number of candidates based on the academic track record of the candidate, experience and suitability of the candidates, as decided by the Bank and only those shortlisted candidates will be called for Interview or for any other process as decided by the Bank.
The venue, time & date for Interview will be informed to the shortlisted candidates in the Interview call letter and candidates have to attend the same at their own cost. The call letter will be sent by email only. The details of shortlisted candidates for Interview or any other process will be hosted in our website. Request for change of Centre will not be entertained. However, the Bank reserves its right to change / add / cancel the selection process & schedule at its discretion, under unforeseen circumstances, if any. Change, if any, will be announced in our Bank’s website / by email. Bank will not be responsible for late receipt / non receipt of any communication from the Bank. Hence, candidates are requested to check their email and Bank’s website regularly, to keep track of the process.
The applied candidates who are eligible as per the eligibility criteria prescribed by the Bank will only be allowed to attend the Interview. It is the duty of the applying candidates to check their eligibility before applying for the post. The Interview will carry 100 Marks. Minimum qualifying marks in the Interview will be 45 marks for General Category and 40 marks for SC/ST/OBC/PC Candidates. Final selection will be made on the basis of marks obtained by the candidates in the Interview process and / or any other selection methodology used for short-listing for Interview and will be according to the merit ranking. The Bank reserves the right to change the selection procedure, if necessary.


Pre-Requisites for Applying Online Before applying online, candidates should: a) go through the detailed advertisement by clicking the Advertisement (English)/Advertisement (Hindi) available under the title “Lateral Recruitment Of Credit Officers in MMG Scale III – 2014- 15” in our website under “Careers” page and ensure candidate’s eligibility before applying for the said post. b) scan their photograph and signature ensuring that both the photograph and signature adhere to the required specifications as given in Annexure I to this advertisement. c) keep the necessary details/documents ready for Online Payment of the requisite Postage/ Intimation charges. d) have a valid personal email ID, which should be kept active throughout the entire recruitment process. Bank may send call letters for the Interview/Final Selection etc. through the registered e-mail ID. Under no circumstances, a candidate should share with/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 new e-mail ID before applying Online and must maintain that email account.

Procedure for applying online

a) Candidates are first required to go to the Bank’s website and click on the “Careers” Page to open the link “Lateral Recruitment Of Credit Officers in MMG Scale III – 2014-15” and then click on the “Apply Online” link to open the Online Application Form. b) Candidates will have to enter all the required details in the online application form. c) Candidates are required to upload their photograph and signature as per the specifications given in the Guidelines for Scanning and Upload of Photograph and Signature (Annexure I). d) Candidates should fill in the details in the Online Application at appropriate places very carefully and click on the “SUBMIT” button at the end of the Online Application format. Before pressing the “SUBMIT” button, candidates are advised to verify that every field is filled in the application using the “RECHECK” button. The name of the candidate or his /her father/husband etc. should be spelt correctly in the application as it appears in the certificates/mark sheets. Any change/alteration found may disqualify the candidature.Page 8 of 11 e) On successful submission of the Online Application form, an acknowledgement with Registration Number will be generated. Candidates should note this Unique Registration Number for future reference failing which they will not be able to proceed further. f) Candidates should take a printout of the system generated submitted Online application form by clicking the “Print your Application” link & save the printed application form for future reference.

A system generated printed Online application form, complete in all respects and with the documents specified below should be sent by SPEED POST/REGISTERED POST in a closed Envelope super-scribed “APPLICATION FOR POST OF CREDIT OFFICER IN MMG SCALE III – 2014-15 IN INDIAN OVERSEAS BANK”, to reach the prescribed address on or before 14.03.2015 THE ASSISTANT GENERAL MANAGER HUMAN RESOURCES DEVELOPMENT DEPARTMENT INDIAN OVERSEAS BANK CENTRAL OFFICE, NO. 763, ANNA SALAI, CHENNAI – 600002

Details of the documents (self – attested photocopy) to be sent are given below: a) Print out of the Online application Form b) Candidate’s copy of the Payment Receipt. c) Document evidencing date of birth such as Birth Certificate / SSC/HSC Certificate. d) The candidates belonging to SC/ST/OBC/PC Category are required to submit self attested photocopies of their caste certificate/certificate of disability issued by the competent authority, in addition to the other certificates in support of their eligibility criteria. e) The candidates belonging to Ex-serviceman category are required to produce a copy of the discharge certificate / pension payment order and documentary proof of rank last / presently held ( substantive as well as acting ). Those who are still in defence service should submit a certificate from a competent authority that they will be relieved from Defence Services on or before 05.03.2016. f) Final Degree Certificate /Provisional & Consolidated mark sheet/Semester-wise mark sheets in respect of passing Graduation, Post graduation degree & Professional Course. g) Documentary proof of Post Qualification Work experience certificates, for the period mentioned in the Application Form, from their employers, clearly stating the periods and nature of employment/ duties. Copies of appointment Offer Letter, Salary certificates, etc., in lieu of work experience Certificates will not be accepted. Please note that he/she has to produce documentary proof from the Financial Institution(s)/Scheduled Commercial Ban k(s) stating that he/she has been handling Credit in Supervisory Cadre, without which he/she will not be considered for further selection process. The complete set of documents should reach us on or before 14.03.2015 at the address given above.


a) Candidates are required to apply only ‘ONLINE’ through Bank’s website. Any other form of application shall not be entertained. b) Incomplete applications / Applications without supporting documents will be rejected outright. c) In case of candidates uploading more than one application for any reason, the latest registered application will only be considered. d) Only candidates willing to serve anywhere in India should apply. e) Before applying, the candidates must ensure that he/she fulfills all the eligibility criteria and other norms mentioned in the advertisement and has in his/her possession the requisite documents and certificates specified by the Bank, and that the particulars furnished in the Online application are true and correct in all respects. Mere calling for applications for the Interview shall not imply that the Bank has been satisfied beyond doubt about the candidate’s eligibility. Bank has the right to cancel candidature at any stage if found that he/she is not fulfilling the eligibility criteria and /or that he/she has furnished any incorrect/false information/certificate/documents or has suppressed any material fact(s). If any of these shortcomings are detected even after appointment his/her services are liable to be terminated. The Bank is free to reject any application, at any stage of the recruitment process, if the candidate is found ineligible for the post. The decision of the Bank in any matter relating to recruitment at all the stages of the recruitment process will be final and binding upon the candidate. No correspondence or personal queries in this regard shall be entertained by the Bank. f) All candidates called for Interview, will have to produce originals as well as self-attested photocopies of the prescribed certificates in support of their educational qualification, experience, date of birth, caste, etc. The candidates belonging to SC/ST/OBC/PC Category are required to submit originals as well as self-attested photocopies of their caste certificate/certificate of disability issued by the competent authority, in addition to the other certificates in support of their eligibility criteria. g) In case of candidates belonging to OBC category, the certificate inter-alia must specify that the candidate does not belong to “CREAMY LAYER” section excluded from the benefits of reservations for OBCs in Civil Post and Services under Government of India. The OBC certificate containing “Non Creamy Layer Clause” in Central Government format, should be valid as on the last date of online registration i.e. 06.03.2015 (issued within one year prior to the last date for online registration). h) Candidates belonging to OBC category but coming under Creamy Layer are not entitled for OBC reservation. They should indicate their category as General in the online application form. i) Candidates serving in Government /Quasi Government Offices/Public Sector Undertakings including Nationalised Bank, Financial Institutions will be required to produce Original “No Objection Certificate” from the employer at the time of interview, failing which the candidature may not be considered.Page 6 of 11 j) An Ex-serviceman candidate has to produce a copy of the discharge certificate / pension payment order and documentary proof of rank last / presently held ( substantive as well as acting ) at the time of Interview. Those who are still in defence service should submit a certificate from a competent authority that they will be relieved from Defence Services within 12 months from the date prescribed for closing of online registration i.e. 05.03.2016. k) Candidates belonging to reserved category, including Physically Challenged category, for which no reservation has been announced, are free to apply for vacancies announced for General category, provided they fulfill all the eligibility criteria. l) Candidates who do not satisfy the eligibility criteria and who do not produce (for any reason) the originals as well as attested photocopies of all documents required to be submitted as advised in this notification and Interview call letter, whomsoever, shall not be permitted to attend the Interview, even though they have been called for Interview. m) The candidates will have to appear for interview at their own expense. However, outstation eligible SC/ST/PC candidates who are not employed and attending the interview will be reimbursed to and fro second-class ordinary train fare by the shortest route on production of evidence of travel ( as per extant Govt. Guidelines ).The Bank will not be responsible for any injury / losses, etc. of any nature. n) Canvassing in any form will be a disqualification. o) Any request for change of address/ e-mail id for communication will NOT be entertained. p) Appointment of selected candidates is subject to their being declared medically fit as per the requirements of the Bank. Such appointment will also be subject to the Service and Conduct Rules of the Bank. q) In case of any dispute on account of interpretation in any version other than English, the English version shall prevail. r) Any dispute arising out of this advertisement shall be subject to the sole jurisdiction of courts situated at Chennai. s) Decision of the Bank in all matters regarding eligibility of the candidate, the stages at which such scrutiny of eligibility is to be undertaken, the documents to be produced for the purpose of the conduct of interview, selection and any other matter relating to recruitment will be final and binding on the candidate. Further, the Bank reserves right to stall / cancel the recruitment partially / fully at any stage during the recruitment process at its discretion, which will be final and binding on the candidate.


Last Date to Apply for this job 06.03.2015

Important Links::

For the OFFICIAL Website::

For the Detailed ADVT Notification:: CLICK HERE

For the ONLINE Application:: CLICK HERE