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

Indian Bank Jobs, Indian Bank So jobs

Indian Bank SO 2020: Indian Bank has released 138 vacancies of Specialist Officer in various disciplines like Credit, Security, Forex, Legal, Risk Management etc. after making sure that they meet the concerned eligibility criteria. All personal and educational details must be mentioned properly. Eligible candidates to apply online for the Post like Credit, Security, Forex, Legal, Risk Management etc, The notification was published on the Official Indian Bank’s website indianbank.in The vacancies released are for various scale levels as well- Scale-I, Scale-II & Scale-III. Interested candidates can check important details like eligibility, exam pattern, exam dates, and apply online till 10th February 2020.

Important Date And Fee

Important Date
Commencement of Online registration – 22nd January 2020
Last Date to Apply Online – 10th February 2020
Download of call letters for online examination – 20th February 2020 onwards
Date of Online Examination – 8th March 2020

Exam Fee

Rs. 100/- + GST for SC/ST/PWBD candidates.
Rs. 600 /- + GST for all others.

Salary Scale Wise

Scale – I
Scale – II
Scale – III

Scale I – 23700 980 30560 1145 32850 1310 42020 727
Scale II – 31705 1145 32850 1310 45950 110
Scale III – 42020 1310 48570 1460 51490

Indian Bank SO 2020: Check Official Notification

Indian Bank SO 2020: Apply Online

Indian Bank SO 2020: Exam Dates

Commencement of Online registration – 22nd January 2020
Last Date to Apply Online – 10th February 2020
Download of call letters for online examination – 20th February 2020 onwards
Date of Online Examination – 8th March 2020

Indian Bank SO 2020: Posts & Vacancies

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

Post Name	Post	Vacancy
Assistant Manager Credit	I	85
Manager Credit	II	15
Manager Security	II	15
Manager Forex	II	10
Manager Legal	II	2
Manager Dealer	II	5
Manager Risk Management	II	5
Senior Manager Risk Management	III	1

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

Indian Bank SO 2020: 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:

Post Code	Post	Age Limit	Educational Qualification	Experience (Post Qualification)
1.	Assistant Manager Credit	Min: 20 Max: 30	1.Graduate in any discipline and Post Graduate (2 years duration) in any of the following: a.Business b.Management c.Finance d.Banking from a University / Institution /Board recognised by Government of India / Government regulatory bodies.OR2.CA/ICWA/CFA from a University / Institution / Board recognised by Government of India / Government regulatory bodies wherever applicable.	NIL
2.	Manager Credit	Min: 25 Max: 35	Graduate in any discipline and Post Graduate (2 years duration) in any of the following: a.Business b.Management c.Finance d.Banking from a University / Institution /Board recognised by Government of India / Government regulatory bodies.OR2.CA/ICWA/CFA from a University / Institution / Board recognised by Government of India / Government regulatory bodies wherever applicable.	Minimum 1 year of experience in credit in Public / Private / Foreign Banks.
3.	Manager Security	Min: 25 Max: 35	Graduate in any discipline from any University recognized by Govt of India.	5 years (either by way of pre or post qualification experience) 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
4.	Manager Forex	Min: 25 Max: 35	1.Graduate in any discipline and Post Graduate (2 years duration) in any of the following: a.Business b.Management c.Finance d.Banking from a University / Institution /Board recognised by Government of India / Government regulatory bodies.OR2.CA / ICWA / CFA from a University / Institution / Board recognised by Government of India / Government regulatory bodies wherever applicable.	Minimum 3 years of experience with Public / Private / Foreign Banks in dealing in interbank and cross currency deals / handling trade finance portfolio.
5.	Manager Legal	Min: 25 Max: 35	A Bachelor Degree in Law (LLB) and enrolled as an advocate with Bar Council.	Enrolled as Advocate with Bar council and having 3 years of experience as practicing advocate at Bar.ORMinimum of 3 years experience as Legal Officer in Public / Private / Foreign Banks.
6.	Manager Dealer	Min: 25 Max: 35	1.Graduate in any discipline and Post Graduate (2 years duration) in any of the following: a.Business b.Management c.Finance d.Banking from a University / Institution /Board recognised by Government of India / Government regulatory bodies.OR2.CA / ICWA / CFA from a University / Institution / Board recognised by Government of India / Government regulatory bodies wherever applicable.	Minimum 3 years of experience in Public / Private / Foreign Banks in dealing in G Sec, Money Market, Equity, SLR and Non SLR.
7.	Manager Risk Management	Min: 25 Max: 35	1.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	Minimum 1 year Experience in Credit at Public / Private /Foreign Banks
8.	Senior Manager Risk Management	Min: 25 Max: 35	1.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 from a University / Institution / Board recognised by Government of India / Government regulatory bodiesOR2. Graduate in any discipline and FRM from GARP.	Minimum 3 years of Experience in Public / Private / Foreign Banks of which 2 years experience in Risk Management

Indian Bank SO 2020: Selection Procedure

The selection process for Manager Security will comprise of shortlisting of applications followed by interview. For other posts, the selection process will comprise of an online test and personal interview.

The Structure of online exam is as follows:

For Manager Legal:

Sr. No.	Name of tests	No. of Questions	Max. Marks	Duration
1.	English Knowledge	50	50	Composite Time of 2 hrs
2.	General Awareness with special reference to Banking Industry	50	25
3.	Reasoning	50	50
4.	Professional Knowledge	50	75
		200	200

For Scale III Post:

Sr. No.	Name of tests	No. of Questions	Max. Marks	Duration
1.	Professional Knowledge	60	100	1 hr.

For The Remaining Posts:

Sr. No.	Name of tests	No. of Questions	Max. Marks	Duration
1.	English Knowledge	50	50	Composite Time of 2 hrs
2.	Quantitative Aptitude	50	25
3.	Reasoning	50	50
4.	Professional Knowledge	50	75
		200	200

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

Indian Bank SO 2020: Application Fee

Rs. 100/- + GST for SC/ST/PWBD candidates.
Rs. 600 /- + GST for all others.

Indian Bank SO 2020: Pay Scale

Following is the pay scale as mentioned in the notification:

Scale I – 23700 980 30560 1145 32850 1310 42020 727
Scale II – 31705 1145 32850 1310 45950 110
Scale III – 42020 1310 48570 1460 51490

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Indian Bank SO Jobs 2020: Check Official Notification, Apply Online, Salary, Eligibility