FAQs - Indian Overseas Bank LBO Recruitment 2025
Q.No | Question | Answer |
---|---|---|
01 | What is the last date to apply for IOB LBO 2025? | The application window is expected to remain open for 3 weeks after notification release (tentatively April-May 2025). Exact dates will be on the official IOB careers portal. |
02 | What are the educational qualifications required? | Bachelor's degree in any discipline from recognized university with minimum 60% marks (55% for SC/ST/PWD). Basic computer knowledge mandatory. |
03 | How many vacancies are available? | Expected 500+ vacancies for Local Bank Officer positions across India. Final numbers will be specified in official notification. |
04 | What is the selection process? | Three-stage process: 1. Online Objective Test (Reasoning, Quantitative, English, Banking Awareness) 2. Group Discussion 3. Personal Interview |
05 | What is the exam pattern? | • Total Marks: 200 • Duration: 2 hours • Sections: 4 sections (50 marks each) • Negative Marking: 0.25 per wrong answer |
06 | What is the application fee? | General/OBC: ₹800 SC/ST/PWD: ₹200 Payment modes: Online through Net Banking/Credit/Debit Cards |
07 | What documents are required during application? | • Scanned photograph & signature • Graduation marksheets • Caste certificate (if applicable) • ID proof (Aadhaar/PAN/Driving License) |
08 | Is there age relaxation for reserved categories? | Yes, as per government norms: • SC/ST: 5 years • OBC: 3 years • PwD: 10 years • Ex-Servicemen: 5 years |
09 | What is the salary package? | Approximate CTC: ₹6.5-7.5 LPA including: • Basic Pay: ₹36,000 • DA, HRA • Medical Allowance • Other Benefits |
10 | When will the final results be declared? | Results are typically announced within 2-3 months of final interview stage. Selected candidates receive joining letters via email/post. |
Important: Always verify information through official IOB recruitment portal:
www.iob.in/careers