Indian Overseas Bank LBO Recruitment 2026 Apply Online for 250 Local Bank Officer Posts

Indian Overseas Bank, a leading public sector bank with headquarters in Chennai and a geographical presence all over India and abroad, has published a recruitment notification (Advt. No.: HRDD/RECT/02/2026-27) for the engagement of 250 Local Bank Officers (LBO) in Junior Management Grade Scale I (JMGS I). Eligible Indian citizens seeking a career in the banking sector can apply online for vacancies in one specified state through the official IOB website within the scheduled registration timeline.

Before applying, candidates are advised to read this advertisement carefully and ensure that they fulfill the stipulated eligibility criteria. They should note that Application Fee / 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.

IOB LBO Recruitment 2026: Overview

Organization Name	Indian Overseas Bank (IOB)
Post Name	Local Bank Officer (LBO) – JMGS I
Advertisement No.	HRDD/RECT/02/2026-27
Total Vacancies	250 Posts
Cadre / Scale	Junior Management Grade Scale I (JMGS I)
Job Location	Tamil Nadu, Karnataka, Maharashtra, Gujarat
Application Mode	Online
Official Website	www.iob.bank.in

Important Dates

Event	Date
Notification Date	August 07, 2026
Online Registration Opening Date	August 08, 2026
Online Registration Closing Date	August 24, 2026
Payment of Application Fee / Intimation Charges	August 08, 2026 to August 24, 2026

Vacancy Details

Indian Overseas Bank has announced 250 vacancies for Local Bank Officers (LBO) in Junior Management Grade Scale I across Tamil Nadu, Karnataka, Maharashtra, and Gujarat. Candidates can apply for one state only and must possess mandatory proficiency in the designated local language of that state.

State & Category-Wise Vacancy Breakup

State	Mandatory Local Language	SC	ST	OBC	EWS	UR (GEN)	Total Vacancies
Tamil Nadu	Tamil	15	6	33	9	37	100
Karnataka	Kannada	8	3	16	4	19	50
Maharashtra	Marathi	7	4	15	5	19	50
Gujarat	Gujarati	6	5	16	4	19	50
Total		36	18	80	22	94	250

Note: Horizontal reservation is provided for Persons with Benchmark Disabilities (PwBD) across 12 posts (VI: 2, HI: 5, OC: 2, ID: 3).

Education Details

Qualification (As on 01.08.2026): Candidates must hold a Degree (Graduation) in any discipline from a University recognized by the Government of India or any equivalent qualification recognized by the Central Government.
Degree Certificate Requirement: Applicants must possess a valid mark-sheet / degree certificate confirming graduation on or before the day of online registration and enter the exact aggregate percentage obtained during registration.
Language Requirement: Candidates must be proficient in reading, writing, and speaking the mandatory local language of the applied state. Applicants who have studied the local language in 10th or 12th standard are exempted from the Language Proficiency Test (LPT).

Salary & Pay Scale

Pay Scale (JMGS I): Rs. 48,480 – 2,000/7 – 62,480 – 2,340/2 – 67,160 – 2,680/7 – 85,920.
Allowances: Dearness Allowance (DA), House Rent Allowance (HRA), City Compensatory Allowance (CCA), and other perquisites as per Bank rules.
Advance Increments: One advance increment in pay will be granted for each prior completed year of service as an Officer in a Scheduled Commercial Bank (subject to a maximum of 2 increments), provided the candidate’s previous job profile matches that of a Scale-I Generalist Officer at IOB.
Probation Period: 2 years of active service.
Service Bond: Selected candidates must execute a Financial Service Indemnity Bond of Rs. 2,00,000/- to serve the bank for a minimum of 3 years.

Age Limit (As on 01.08.2026)

Minimum Age: 20 years
Maximum Age: 30 years
Born Between: Candidates must have been born not earlier than 02.08.1996 and not later than 01.08.2006 (both days inclusive).

Upper Age Relaxation

Category	Age Relaxation
Scheduled Caste / Scheduled Tribe (SC/ST)	5 years
Other Backward Classes (OBC – Non-Creamy Layer)	3 years
Persons with Benchmark Disabilities (PwBD)	10 years
Ex-Servicemen / Commissioned Officers (min. 5 years service)	5 years
Persons Affected by 1984 Riots	5 years

Selection Process

The selection procedure comprises three main stages:

Online Examination:
- Structure: 140 objective questions for 200 marks over a 3-hour duration with separate timing per section.
- Subjects: Reasoning & Computer Aptitude (30 Qs / 60 Marks), General/Economy/Banking Awareness (40 Qs / 40 Marks), Data Analysis & Interpretation (30 Qs / 60 Marks), and English Knowledge (40 Qs / 40 Marks).
- Negative Marking: 1/4th (0.25) mark penalty for each wrong answer.
- Qualifying Aggregate: 30% for reserved candidates and 35% for unreserved candidates.
Language Proficiency Test (LPT): Mandatory for candidates shortlisted from the Online Exam who did not study the state’s local language in 10th or 12th standard. Qualifying in LPT is required to proceed to the interview.
Personal Interview: Total 100 marks. Minimum qualifying marks are 45% for reserved categories and 50% for unreserved categories.
Final Weightage: Combined final merit list is drawn state-wise and category-wise based on aggregate scores of Online Exam and Interview in an 80:20 weightage ratio.

Application Fee

Category	Application Fee / Intimation Charges
SC / ST / PwBD	Rs. 175/- (Intimation charges inclusive of GST)
General / EWS / OBC	Rs. 850/- (Application fee & intimation charges inclusive of GST)

Payment Mode: Online payment using Debit Card, Credit Card, Internet Banking, BHIM, or UPI.

How to Apply

Visit the official Indian Overseas Bank portal at www.iob.bank.in and navigate to the Careers page.
Select the recruitment notification link “Recruitment of Local Bank Officers – 2026-27”.
Click on “Register Online” and complete basic registration to receive your Unique Registration Number and Password via Email and SMS.
Fill out the online application form carefully, selecting one state and entering all personal, contact, educational, and professional details.
Upload scanned images of your passport photograph (20kb–50kb), signature in black ink (10kb–20kb), left thumb impression (20kb–50kb), and handwritten declaration (50kb–100kb) in accordance with Annexure I guidelines.
Complete the application fee payment online through Debit Card, Credit Card, Net Banking, or UPI.
Submit the application, download the system-generated application printout along with the e-receipt, and preserve them for future verification.