Indian Bank SO Recruitment 2020 Notification Released: Eligibility, Salary, Apply Online

Indian Bank SO Jobs: Check Official Notification, Apply Online, Salary, Eligibility
Indian Bank Specialist Officer

Indian Bank SO Jobs 2020: Indian Bank has announced 138 vacancies for specialist officers in various disciplines including credit, security, foreign exchange, legal and risk management. Candidates interested in these positions must meet specific eligibility criteria for their desired role. The notification was officially published on the Indian Bank website, indianbank.in, and provides detailed guidelines on the application process.

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Indian Bank SO Recruitment 2020 Notification Released

Candidates who fulfil the eligibility criteria can apply online for these posts, which are available for various scale levels- Scale I, II and III. Candidates must ensure that all personal and educational details are filled correctly during the application process. Interested applicants must check the official notification for important information about eligibility criteria, exam patterns and important dates. The last date to apply is 10 February 2020.

Indian Bank,
Indian Bank SO Recruitment 2020,
Indian Bank SO Application Form 2020.

Important Dates

EventDate
Commencement of Online Registration22nd January 2020
Last Date to Apply Online10th February 2020
Download of Call Letters for Online Examination20th February 2020 onwards
Date of Online Examination8th March 2020

Application Fee for Indian Bank Specialist Officers

CategoryExam Fee
SC/ST/PWBD CandidatesRs. 100/- + GST
All Other CandidatesRs. 600/- + GST

Indian Bank SO Eligibility Criteria

The basic Eligibility Criteria in the form of Age, Educational Qualification & Work Experience (1st July 2019) for Indian Bank SO 2020 is as follows:

Age Limit For Indian Bank SO Recruitment 2020

  • Assistant Manager Credit – 20 to 30 Years
  • Manager– 25 to 35 Years
  • Sr Manager – 27 to 37 Years
Post CodePostAge Limit
1.Assistant Manager CreditMin: 20
Max: 30
2.Manager CreditMin: 25
Max: 35
3.Manager SecurityMin: 25
Max: 35
4.Manager ForexMin: 25
Max: 35
5.Manager LegalMin: 25
Max: 35
6.Manager DealerMin: 25
Max: 35
7.Manager Risk ManagementMin: 25
Max: 35
8.Senior Manager Risk ManagementMin: 25
Max: 35

Indian Bank SO Recruitment Educational Qualification

Here’s the information presented in a table format without the age limit column:

Post CodePostEducational QualificationExperience (Post Qualification)
1Assistant Manager Credit1. Graduate in any discipline and Post-Graduate (2 years duration) in any of the following: a. Business b. Management c. Finance d. Banking OR 2. CA/ICWA/CFANIL
2Manager Credit1. Graduate in any discipline and Post-Graduate (2 years duration) in any of the following: a. Business b. Management c. Finance d. Banking OR 2. CA/ICWA/CFAMinimum 1 year of experience in credit in Public/Private/Foreign Banks.
3Manager SecurityGraduate in any discipline from any University recognized by Govt of India.5 years as a Commissioned Officer in the Indian Army/Navy/Air Force OR Police Officer not below the rank of Deputy Superintendent of Police OR Assistant Commandant or equivalent rank in Paramilitary Forces.
4Manager Forex1. Graduate in any discipline and Post-Graduate (2 years duration) in any of the following: a. Business b. Management c. Finance d. Banking OR 2. CA/ICWA/CFAMinimum 3 years of experience with Public/Private/Foreign Banks in interbank and cross currency deals/handling trade finance portfolio.
5Manager LegalA Bachelor’s Degree in Law (LLB) and enrolled as an advocate with the Bar Council.Enrolled as an Advocate with the Bar Council and have 3 years of experience as a practising advocate OR Minimum 3 years experience as a Legal Officer in Public/Private/Foreign Banks.
6Manager Dealer1. Graduate in any discipline and Post-Graduate (2 years duration) in any of the following: a. Business b. Management c. Finance d. Banking OR 2. CA/ICWA/CFAMinimum 3 years of experience in Public/Private/Foreign Banks in dealing in G Sec, Money Market, Equity, SLR, and Non-SLR.
7Manager Risk Management1. Graduate in any discipline and Post-Graduate (2 years duration) in any of the following: a. Business b. Management c. Finance d. Banking e. Statistics f. EconometricsMinimum 1 year of experience in Credit at Public/Private/Foreign Banks.
8Senior Manager Risk Management1. Graduate in any discipline and Post-Graduate (2 years duration) in any of the following:
a. Business
b. Management
c. Finance
d. Banking
e. Statistics
f. Econometrics
g. Economics
h. Risk Management i. Mathematics
OR
2. Graduate in any discipline and FRM from GARP.
Minimum 3 years of experience in Public/Private/Foreign Banks, with 2 years in Risk Management.

Indian Bank SO Vacancies Details

There are 85 vacancies for Scale I Offices 52 vacancies for Scale II Officers & 1 vacancy for Scale III Officers. The complete vacancy-wise division has been given below.

Post NameScaleVacancies
Assistant Manager CreditI85
Manager CreditII15
Manager SecurityII15
Manager ForexII10
Manager LegalII2
Manager DealerII5
Manager Risk ManagementII5
Senior Manager Risk
Management
III1

NOTE: A candidate can apply for only one post and not more than one application should be submitted by any candidate.

Indian Bank SO Vacancy Important Link

EventsImportant Link
ApplyIndian Bank SO Recruitment Online Application Form Link
Join Our WhatsApp ChannelJoin Our WhatsApp Channel
Join Our Telegram ChannelJoin Our Telegram Channel
NotificationIndian Bank Specialist Officer Recruitment PDF Notification Link
WebsiteIndian Bank Official Website

Indian Bank SO Recruitment Selection Procedure

The selection process for the Manager Security post will include an interview after shortlisting of applications. For all other posts, the selection process will include an online exam and a personal interview.

The Structure of the online exam is as follows:

For Manager Legal:

Sr. No.Name of testsNo. of QuestionsMax. MarksDuration
1.English Knowledge5050Composite Time of 2 hrs
2.General Awareness with special reference to the Banking Industry5025
3.Reasoning5050
4.Professional Knowledge5075
200200

For Scale III Post:

Sr. No.Name of testsNo. of QuestionsMax. MarksDuration
1.Professional Knowledge601001 hr.

For The Remaining Posts:

Sr. No.Name of testsNo. of QuestionsMax. MarksDuration
1.English Knowledge5050Composite Time of 2 hrs
2.Quantitative Aptitude5025
3.Reasoning5050
4.Professional Knowledge5075
200200
Indian Bank Specialist Officer
Indian Bank Specialist Officer

The minimum qualifying mark in the Test is 40 % for candidates belonging to the unreserved / EWS category and 35% for candidates belonging to SC/ST/OBC/PWD categories.

Indian Bank Specialist Officer Pay Scale I, II, III

ScalePay Scale
Scale I23700 – 980/7 – 30560 – 1145/2 – 32850 – 1310/7 – 42020
Scale II31705 – 1145/1 – 32850 – 1310/10 – 45950
Scale III42020 – 1310/5 – 48570 – 1460/2 – 51490

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