Recruitment of Probationary Officers in Indian Overseas Bank (IOB) through tie-up with Academic Institute 2013

Indian Overseas Bank, a Nationalized Bank with pan India presence has entered into a MoU with Manipal Global Education Services Pvt. Ltd (MaGE), Bangalore a leader in education field to provide World Class training in Banking and Finance to prospective candidates aspiring to join Indian Overseas Bank as Probationary Officers so that they are fully equipped to discharge their duties effectively from day one of joining the services of the bank. Indian Overseas Bank (IOB), is looking for young, qualified and dynamic graduates who can be inducted into Indian Overseas Bank as Probationary Officers in Junior Management Grade Scale - I after imparting them with the necessary knowledge and skills required for all - round bankers through the 1 year Post Graduate Diploma in Banking and Finance course in Indian Overseas Bank Manipal School of Banking (IOBMSB) : Probationary Officer : 480 posts (UR-243, OBC-129, SC- 72, ST-36) (PH-14), Pay Scale : JMG Scale - I Rs.14500 - 25700, Age : 20-28 years as on 01/09/2013, Qualification : Graduation from a recognised University /Institution with minimum 60% Marks. (For Candidates belonging to SC/ST/PC category minimum 55% Marks). Graduation results should be declared by the University /Institutionon or before 01.09.2013. The candidates should produce the Semester/Year wise Mark Sheets, Consolidated Degree Mark Sheet and Provisional Certificate at the time of Interview, failing which the candidates will not be allowed to attend the Interview Course Fee and Stipend: The fees for this Course will be Rs.3.30/- lakhs (all inclusive of Boarding, Lodging and course fees, other fees, etc.) plus service taxes, as applicable to be paid by the selected candidates. Stipend During the Training Period (9 Months) - Rs. 2500/- per month, During the Internship Period (3 Months) - Rs.10000/- per month. Application Fee: Rs.500/- (Rs.50/- for SC/ST/PWD candidates) in cash at the any of the IOB and take candidate's copy of Payment Receipt Challan. How to Apply: Apply Online at IOB web site between 10/07/2013 and 29/07/2013. Kindly visit http://www.iob.in/Careers.aspx for all the details and online submission of application.