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Indian Overseas Bank (IOB) LBO Recruitment 2026: 250 Local Bank Officer Posts
Indian Overseas Bank (IOB) has officially released the recruitment notification for 250 Local Bank Officer (LBO) posts in Junior Management Grade Scale-I (JMGS-I). Eligible and interested candidates possessing any Graduation degree can apply online through the official portal. Check all details regarding eligibility, salary, exam pattern, and application steps below.
Total Vacancies
250 Posts
Pay Scale
₹48,480 - ₹85,920
Start Date
08 August 2026
Last Date
24 August 2026
Job Overview
| Organization | Indian Overseas Bank (IOB) |
|---|---|
| Post Name | Local Bank Officer (LBO) - JMGS I |
| Total Vacancies | 250 Posts |
| Job Location | Tamil Nadu, Karnataka, Maharashtra, Gujarat |
| Application Mode | Online |
State-Wise Vacancy Details
| State | Local Language | Vacancies |
|---|---|---|
| Tamil Nadu | Tamil | 100 |
| Karnataka | Kannada | 50 |
| Maharashtra | Marathi | 50 |
| Gujarat | Gujarati | 50 |
Eligibility Criteria
1. Educational Qualification (as on 01.08.2026):
- Must hold a Bachelor’s Degree (Graduation) in any discipline from a recognized University or Central Government equivalent qualification.
- Proficiency (Read, Write, Speak) in the local language of the state applied for is mandatory.
2. Age Limit (as on 01.08.2026):
- Minimum Age: 20 Years
- Maximum Age: 30 Years
- Age Relaxation: SC/ST - 5 years | OBC - 3 years | PwBD - 10 years (as per Govt rules).
Application Fee
| Category | Fee Amount |
|---|---|
| SC / ST / PwBD Candidates | ₹175/- (Intimation charges) |
| General / OBC / EWS Candidates | ₹850/- (Application Fee + Intimation charges) |
Selection Process
The selection will be conducted in three sequential stages:
- Online Computer-Based Examination (CBT)
- Language Proficiency Test (LPT) (Exempted if local language was studied in 10th or 12th standard)
- Personal Interview
Online Exam Pattern
| Subject / Section | Questions | Marks | Duration |
|---|---|---|---|
| Reasoning & Computer Aptitude | 30 | 60 | 60 Mins |
| General / Economy / Banking Awareness | 40 | 40 | 30 Mins |
| Data Analysis & Interpretation | 30 | 60 | 60 Mins |
| English Knowledge | 40 | 40 | 30 Mins |
| Total | 140 | 200 | 3 Hours |
Important Note: Candidates selected for the post will need to execute a Financial Service Indemnity Bond of ₹2,00,000/- to serve the bank for a minimum period of 3 years.
How to Apply Online
- Visit the official application portal using the link provided below.
- Click on "Click here for New Registration" and enter basic details.
- Note down your Registration Number & Password sent via SMS/Email.
- Fill in educational qualification and personal details accurately.
- Upload scanned photograph, signature, thumb impression, and handwritten declaration.
- Pay the application fee online using Debit Card / Credit Card / Net Banking / UPI.
- Submit the application form and keep a printed copy for future reference.