Indian Overseas Bank Apprentice Recruitment 2024
Indian Overseas Bank Apprentice Recruitment 2024
Indian Overseas Bank (IOB) has announced its recruitment drive for apprentices under the Apprentices Act, 1961, for the financial year 2024-25. This initiative offers an excellent opportunity for young graduates to gain practical experience in the banking sector. Below is a comprehensive guide detailing the notification, important dates, eligibility criteria, application process, and other essential information related to the IOB Apprentice Recruitment 2024. A total of 550 Vacancies.
1. Notification Details
Indian Overseas Bank, headquartered in Chennai, has released an official notification (Advt No.: HRDD/APPR/01/2024-25) on 28th August 2024, inviting applications for 550 apprentice positions across various states in India. This recruitment drive is in accordance with the Apprenticeship Policy of the Bank, providing structured on-the-job training to enhance the employability of candidates.
2. Important Dates
- Online Application Start Date: 28th August 2024
- Online Application End Date: 10th September 2024
- Last Date for Payment of Fees: 15th September 2024
- Tentative Date of Online Examination: 22nd September 2024
3. Eligibility Criteria
To apply for the IOB Apprentice Recruitment 2024, candidates must meet the following eligibility criteria:
- Age Limit: Candidates should be between 20 to 28 years as of 1st August 2024. Age relaxation is applicable for SC/ST/OBC/PwBD candidates as per Government of India guidelines.
- Educational Qualification: Applicants must possess a graduation degree from a recognized university or equivalent qualification recognized by the Central Government. The results of the qualification must have been declared between 1st April 2020 and 1st August 2024.
- Nationality: Candidates must be Indian citizens or meet the nationality/citizenship requirements specified in the official notification.
4. Application Process and Fee
Candidates are required to apply online through the IOB website or the BFSI SSC portal. The application process involves:
- Registration: Candidates must first register on the NATS portal (https://nats.education.gov.in) before applying on the BFSI SSC website.
- Application Submission: After registration, candidates must complete the online application form available on the BFSI SSC website under the “Career Opportunities” page.
- Fee Payment:
- General/OBC/EWS: ₹800 + GST (Total: ₹944)
- SC/ST/Female Candidates: ₹600 + GST (Total: ₹708)
- PwBD: ₹400 + GST (Total: ₹472)
The fee is non-refundable and must be paid online.
5. State-wise Vacancy Distribution
IOB has distributed the 550 apprenticeship seats across various states. Below are some of the state-wise vacancy details:
- Tamil Nadu: 130 seats
- Karnataka: 50 seats
- Maharashtra: 29 seats
- West Bengal: 22 seats
- Uttar Pradesh: 41 seats
- Andhra Pradesh: 22 seats
- Telangana: 29 seats
- Others: Various vacancies across different states
For a detailed state-wise and category-wise vacancy distribution, candidates should refer to the official notification.
6. Apprenticeship Duration and Stipend
- Duration: The apprenticeship program lasts for one year.
- Stipend:
- Metro Branches: ₹15,000 per month
- Urban Branches: ₹12,000 per month
- Semi-Urban/Rural Branches: ₹10,000 per month
The stipend includes a subsidy amount, if any, provided by the Government of India.
7. Selection Process
The selection process for IOB Apprentice Recruitment 2024 consists of the following stages:
- Online Test:
- Subjects: General/Financial Awareness, General English, Quantitative & Reasoning Aptitude, and Computer Knowledge.
- Total Questions: 100 (25 questions per subject)
- Total Marks: 100
- Duration: 90 minutes
- Local Language Proficiency Test: Candidates must be proficient in the local language of the state they are applying for. Proficiency will be tested during the document verification process. Candidates with 10th/12th standard mark sheets indicating proficiency in the local language will be exempt from this test.
- Document Verification: Candidates who qualify in the online test will undergo document verification, where they must produce all relevant documents.
- Medical Examination: The final selection is subject to the candidate being declared medically fit by a registered medical practitioner.
8. Important Documents
Candidates must keep the following documents ready for submission during the document verification process:
- Aadhar Card or any valid ID proof
- Graduation Certificate and Mark Sheets
- Category Certificate (if applicable)
- PwBD Certificate (if applicable)
- Recent Passport-sized Photograph
- E-receipt of fee payment
9. Conclusion
The Indian Overseas Bank Apprentice Recruitment 2024 is a golden opportunity for young graduates to gain practical experience in the banking sector. This apprenticeship will provide valuable on-the-job training, preparing candidates for a career in banking. Interested candidates should ensure they meet the eligibility criteria and complete the application process within the specified dates.
For more information, candidates are advised to regularly check the IOB official website or the BFSI SSC portal for updates and announcements.
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