Indian Overseas Bank โ HR Department
| Post Name | Local Bank Officer (LBO) |
|---|---|
| Total Vacancies | 250 |
| Qualification | Graduate Degree |
| Age Limit | Refer to official notification |
| Salary | Junior Management Grade Scale-I (JMGS-I) pay scale |
| Selection Process | Online Examination, Language Proficiency Test (LPT), and Personal Interview. |
The Indian Overseas Bank (IOB) has released the recruitment details for 250 Local Bank Officer (LBO) positions in Junior Management Grade Scale-I (JMGS-I). As per the official notification (Advt No. HRDD/RECT/02/2026-27), the selection process comprises an objective online examination followed by a Language Proficiency Test (LPT) and a Personal Interview. Understanding the syllabus and marking criteria is essential for effective preparation.
The examination consists of 140 questions totaling 200 marks. Candidates must complete the test within 3 hours under a sectional timing structure.
| Section | Questions | Marks | Duration |
|---|---|---|---|
| Reasoning and Computer Aptitude | 30 | 60 | 60 Minutes |
| General/Economy/Banking Awareness | 40 | 40 | 30 Minutes |
| Data Analysis and Interpretation | 30 | 60 | 60 Minutes |
| English Knowledge | 40 | 40 | 30 Minutes |
| Total | 140 | 200 | 3 Hours |
Note: A negative marking of 0.25 marks applies to every incorrect answer. No sectional qualifying marks are required; only the aggregate score against the cutoff is considered.
Candidates who have not studied the local language of the applied state (Tamil Nadu, Karnataka, Maharashtra, or Gujarat) as a subject in Class 10 or 12 are required to clear the LPT. This is a mandatory qualifying stage; failure to pass results in disqualification.
The final merit list is determined by an 80:20 ratio between the Online Examination score and the Personal Interview score. The Personal Interview carries 100 marks, with a minimum qualifying threshold of 50% for unreserved and 45% for reserved category candidates.
Securing a government position under Indian Overseas Bank requires a disciplined and strategic approach. Candidates with Graduate Degree qualifications should focus on the following:
To avoid fraud and secure your candidature for the Local Bank Officer (LBO) position, always complete the following checks before submitting your application:
.gov.in, .nic.in, or .ac.in.Every job notification listed on ApplySarkariJob.com is cross-verified with official government gazettes, department portals, and national employment newspapers. We provide direct links to the official Indian Overseas Bank website and the original notification PDF in the "Source/Official Links" section above. Candidates are strongly advised to verify all information on the official portal before applying for the Local Bank Officer (LBO) post.
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The educational qualification required for this recruitment is: Graduate Degree. Please always refer to the official notification PDF linked in the "Source/Official Links" section above for the most accurate and complete eligibility criteria, including age limits, experience requirements, and category-specific relaxations.
Sneha Patel is a certified career strategist specializing in government competitive examinations. With her background in Economics and Data Analysis, she provides data-driven insights on exam patterns, cut-off trends, and preparation strategies.