IOB Vacancy 2025: Vacancy in Indian Overseas Bank, salary will be more than 1 lakh, apply today

IOB Recruitment 2025: Apply for 127 Specialist Officer Posts with Salary Over ₹1 Lakh

If you have been aspiring to secure a banking career, here’s your chance. Indian Overseas Bank (IOB) has announced a major recruitment drive for 127 Specialist Officer (SO) positions. The application process has already begun, and interested candidates can submit their forms online through the official portals — iob.in or ibpsonline.ibps.in — until October 3, 2025.

This recruitment offers not only a prestigious role in one of India’s well-known public sector banks but also lucrative salary packages exceeding ₹1 lakh per month, along with allowances and career-growth opportunities.

Eligibility Criteria

Applicants must hold a graduate or postgraduate degree in one of the following fields: BE, B.Tech, B.Arch, MSc, ME, M.Tech, MBA, MCA, PGDCA, or PGDBA. Candidates with additional qualifications in banking, finance, or professional certifications will enjoy added advantages during the selection process.

The eligibility criteria ensure that the recruitment focuses on candidates from engineering, management, and technical backgrounds, equipping the bank with skilled professionals to strengthen its operations.

Selection Process

The recruitment will follow a three-stage process:

1. Online Written Examination

   • The test will consist of 100 objective-type questions worth 100 marks, with a total duration of two hours.

   • The structure includes:

     • English Language: 25 questions (25 marks) to be completed in 30 minutes.

     • General Knowledge: 25 questions.

     • Professional Knowledge: 50 questions (50 marks) to be attempted in 60 minutes.

   • Candidates must score at least 35% (General category) or 30% (Reserved categories) to qualify.

   • The bank has not clarified whether negative marking will apply, so candidates are advised to attempt carefully.

2. Interview

   • Shortlisted candidates will be invited for a personal interview to assess their confidence, subject knowledge, and communication skills.

3. Document Verification

   • The final stage will involve verification of academic, professional, and identity documents before confirmation of the appointment.

Age Limit

Applicants must be between 24 and 40 years of age. Age relaxation is available as per government rules:

• SC/ST candidates: 5 years

• OBC candidates: 3 years

• PwBD candidates: 10 years

Application Fees

• General/OBC/EWS candidates: ₹1,000

• SC/ST/PwBD candidates: ₹175

Fees can be paid online via UPI, debit card, credit card, or net banking.

Salary Structure

Selected candidates will receive salaries based on the 7th Pay Commission guidelines, inclusive of Dearness Allowance (DA), House Rent Allowance (HRA), and other benefits.

• MMGS II: ₹64,820 – ₹93,960 per month

• MMGS III: ₹85,920 – ₹1,05,280 per month

In addition to the pay, new recruits will undergo comprehensive training in areas such as customer service, financial management, and core banking operations, ensuring professional growth and career advancement within the organization.

How to Apply

1. Visit the official IOB website (iob.in).

2. Go to the “Recruitment” section.

3. Click on the link for Specialist Officer Recruitment 2025.

4. Register with your email ID and mobile number if you are a new user.

5. Fill in the application form with accurate details.

6. Pay the application fee through the available online modes.

7. Submit the application and download/print the confirmation for future use.

Why This Opportunity Matters

IOB’s Specialist Officer recruitment is a golden chance for skilled professionals to enter the banking industry with attractive pay, job stability, and opportunities for advancement. With only 127 posts available, competition is expected to be tough. Candidates are encouraged to prepare thoroughly and apply well before the deadline.

📌 Last Date to Apply: October 3, 2025