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Indian Overseas Bank Recruitment 2024: Apply Online for 550 Apprentice Post

Are you looking for an exciting opportunity to kickstart your career in the banking sector? The Indian Overseas Bank Recruitment 2024 program is offering 550 apprenticeship positions across India. This program is designed to provide valuable work experience, training, and a pathway to a potential future career in banking. Applications for these apprentice positions will be open from August 28 to September 10, 2024. If you hold a degree obtained between April 1, 2020, and August 1, 2024, you are eligible to apply. This article provides comprehensive information on how to apply, eligibility criteria, selection process, and more.

Indian Overseas Bank Apprentice Recruitment Notification 2024

The Indian Overseas Bank (IOB) has announced its Apprentice Recruitment Notification 2024, inviting applications from qualified graduates across various disciplines. The goal is to equip young professionals with practical banking skills through hands-on training. Apprenticeship training is set to last for one year, providing an enriching experience to enhance employability. This initiative also aims to help students improve their job prospects by working with a renowned public sector bank. Applications can be submitted online via the bank’s official website.

Indian Overseas Bank Apprentice Notification PDF

Key Details of the IOB Apprentice Recruitment 2024

  • Total Positions Available: 550 Apprenticeship slots.
  • Application Dates: August 28 to September 10, 2024.
  • Eligibility: Graduates with a degree earned between April 1, 2020, and August 1, 2024.
  • Training Duration: One year.
  • Stipend: Varies based on posting location.
  • Application Process: Online application submission.

Indian Overseas Bank Apprentice Notification PDF

For detailed information on the recruitment process, eligibility, application guidelines, and selection criteria, candidates can refer to the official Indian Overseas Bank Apprentice Notification PDF available on the IOB’s website. This document outlines all necessary steps for the application process and provides specific details about the apprenticeship program.

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Indian Overseas Bank Apprentice Vacancies 2024

The Indian Overseas Bank has distributed the 550 apprenticeship vacancies across various states in India, ensuring a wide geographic coverage. This nationwide opportunity allows candidates to apply for positions in their respective states, promoting local talent and economic development. The table below lists the total number of vacancies per state:

StateTotal Vacancies
Andaman and Nicobar1
Andhra Pradesh22
Arunachal Pradesh1
Assam2
Bihar11
Chandigarh2
Chhattisgarh7
Daman and Diu1
Delhi36
Gujarat22
Goa9
Himachal Pradesh3
Haryana11
Jammu and Kashmir1
Jharkhand7
Karnataka50
Kerala25
Manipur1
Meghalaya1
Maharashtra29
Mizoram1
Madhya Pradesh12
Nagaland1
Odisha19
Punjab16
Pondicherry14
Rajasthan13
Sikkim1
Telangana29
Tamil Nadu130
Tripura2
Uttarakhand7
Uttar Pradesh41
West Bengal22
Total550

Eligibility for Indian Overseas Bank Recruitment 2024

Educational Qualification

To be eligible for the Indian Overseas Bank Recruitment 2024, candidates must possess a degree in any discipline from a university recognized by the Government of India. The degree should have been completed, and results declared between April 1, 2020, and August 1, 2024. Applicants are required to provide their degree certificates and mark sheets when requested by the bank.

Age Limit

As of August 1, 2024, applicants must be at least 20 years old and not more than 28 years old. Age relaxation is available for specific categories according to the Government of India guidelines:

  • SC/ST Candidates: 5 years
  • OBC Candidates: 3 years
  • Persons with Benchmark Disabilities (PwBD): Up to 10 years

Pay/Stipend

The monthly stipend offered to apprentices varies based on their location:

  • Metro Areas: ₹15,000
  • Urban Areas: ₹12,000
  • Semi-Urban/Rural Areas: ₹10,000
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Indian Overseas Bank Recruitment 2024 Application Fees

The application fee for the Indian Overseas Bank Apprentice Recruitment 2024 varies by category:

CategoryFee Amount
PwBD₹472 (including GST)
Female / SC / ST₹708 (including GST)
General / OBC / EWS₹944 (including GST)

Applicants are advised to pay the application fees online between August 28, 2024, and September 15, 2024. The application fees are non-refundable.

Indian Overseas Bank Apprentice Recruitment Selection Process 2024

The selection process for the Indian Overseas Bank Recruitment 2024 involves multiple stages to ensure that only the most qualified candidates are chosen:

  1. Online Examination: Candidates will first undergo an online test assessing their knowledge in areas such as reasoning, general awareness, and English language proficiency.
  2. Local Language Test: A language proficiency test to assess the candidate’s ability to communicate effectively in the local language of the region for which they have applied.
  3. Personal Interaction: Candidates who pass the online exam and language test will be called for a personal interview to evaluate their communication skills, personality, and suitability for the role.

Indian Overseas Bank Recruitment 2024 Application Process

To apply for the Indian Overseas Bank Apprentice positions, follow the steps outlined below:

Step 1: Apply Online

Candidates must submit their applications online from August 28, 2024, to September 10, 2024. Applications can be submitted through the BFSI SSC website. Ensure that you have a valid email ID and that you have registered on the NATS portal.

Step 2: Pay Application Fees

The application fees must be paid online between August 28, 2024, and September 15, 2024. Payment options include credit card, debit card, and net banking.

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Step 3: Prepare Documents

Candidates should prepare all necessary documents for eligibility verification, including degree certificates, mark sheets, and identity proof. Following the instructions carefully will ensure a smooth application process without any issues.

Online Application Link

Important Dates for Indian Overseas Bank Apprentice Recruitment 2024

It’s crucial to keep track of important dates related to the Indian Overseas Bank Apprenticeship program:

  • Opening Date for Online Applications: August 28, 2024
  • Closing Date for Online Applications: September 10, 2024
  • Payment of Application Fee: August 28 to September 15, 2024
  • Tentative Date for Online Examination: September 22, 2024

Conclusion

The Indian Overseas Bank Recruitment 2024 offers an excellent opportunity for graduates to gain valuable experience in the banking industry. With a competitive stipend, comprehensive training, and the chance to work in a reputable public sector bank, this apprenticeship program is an ideal way for aspiring bankers to kickstart their careers. Make sure to apply before the deadline and prepare thoroughly for the selection process to maximize your chances of being selected.

FAQs

1. What is the last date to apply for the Indian Overseas Bank Recruitment 2024?

The last date to apply for the Indian Overseas Bank Apprentice positions is September 10, 2024.

2. What is the selection process for the Indian Overseas Bank Apprentice Recruitment?

The selection process includes an online examination, a local language test, and a personal interaction session.

3. How much is the stipend for apprentices under the Indian Overseas Bank Recruitment 2024?

The stipend varies based on location: ₹15,000 per month for metro areas, ₹12,000 for urban areas, and ₹10,000 for semi-urban and rural areas.

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