Indian Bank Recruitment 2020 for Specialist Officers | 138 Posts | Last Date: 10 February 2020

Indian Bank Recruitment 2020 – Indian Bank invites online applications for Specialist Officers for the post of Assistant Manager Credit, Manager Credit, Manager Security, Manager Forex, Manager Dealer, Manager Legal, Manager Risk Management, Senior Manager Risk Management with 138 vacancies. Candidates with the qualification of Any Degree/CA/LLB with required work experience are eligible to apply for this job. The selection is based on the online test and interview. Interested and eligible candidates can apply online on or before 10 February 2020. The detailed eligibility and application process are given below.

Indian Bank RecruitmentIndian Bank Recruitment 2020 Details:

Indian Bank Recruitment 2020 for Specialist Officers:

Job Role Asst Manager Credit/Manager Credit/ Manager Security/ Manager Forex/ Manager Dealer/ Manager Legal/ Manager Risk Management/ Sr Manager Risk Management
Qualification Any Degree/CA/LLB
Total vacancies 138
Experience Freshers/Experienced
Salary Rs.23,700-51,490/-
Job location Across India
Application Start Date 22 January 2020
Last Date 10 February 2020

Detailed Eligibility:

Educational Qualification:

For Asst Manager Credit/Manager Credit/Manager Forex/Manager Dealer:

  • Graduate in any discipline and Post Graduate (2 years duration) in Business/ Management / Finance/ Banking from a University / Institution recognised by Government of India OR
  • CA/ICWA/CFA from a University / Institution recognised by Government of India
  • Experience: For Manager Credit post minimum 1 year of experience required and for Manager Forex/Manager Dealer post candidates should have 3 years of experience

For Manager Security:

  • Graduate in any discipline from any University recognized by Govt of India.
  • Experience: 5 years as a Commissioned Officer in the Indian Army/ Navy/ Air Force

For Manager Legal:

  • A Bachelor Degree in Law (LLB) and enrolled as an advocate with Bar Council
  • Experience: 3 years of experience as a practicing advocate at Bar.

For Manager Risk Management:

  • Graduate in any discipline and Post Graduate (2 years duration) in Business/ Management / Finance/ Banking/ Statistics/ Econometrics from a University / Institution recognised by Government of India
  • Experience: Minimum 1 year experience in Credit at Public / Private / Foreign Banks.

For Sr.Manager Risk Management:

  • Graduate in any discipline and Post Graduate (2 years duration) in Business/ Management/ Finance/ Banking/ Statistics/ Econometrics/ Economics/ Risk Management /Mathematics from a University / Institution recognised by Government of India OR
  • Graduate in any discipline and FRM from GARP.
  • Experience: Minimum 3 years of experience in Public/ Private/ Foreign Banks of which 2 years experience in Risk Management Department

Age Limit (as on 01.07.2019):

  • For Assistant Manager Credit – 20 to 30 Years
  • For Manager Credit/ Manager Security/ Manager Forex/ Manager Dealer/ Manager Legal/ Manager Risk Management – 25 to 35 Years
  • For Senior Manager Risk Management – 27 to 37 Years

Relaxation in upper age limit:

  • Scheduled Caste/ Scheduled Tribe candidates – 5 Years
  • Other Backward Classes (Non-Creamy Layer) candidates – 3 Years
  • Persons with Disability (PWD) – 10 Years
Post wise vacancies:
  • For Asst Manager Credit: 85 Posts
  • For Manager Credit: 15 Posts
  • For Manager Security: 15 Posts
  • For Manager Forex: 10 Posts
  • For Manager Legal: 02 Posts
  • For Manager Dealer: 05 Posts
  • For Manager Risk Management: 05 Posts
  • For Sr.Manager Risk Management: 01 Post

Salary Details:

  • For Assistant Manager Credit – Rs.23,700 – 42,020/- (Scale I)
  • For Manager Credit/ Manager Security/ Manager Forex/ Manager Dealer/ Manager Legal/ Manager Risk Management: Rs.31,705 – 45,950/-  (Scale II)
  • For Senior Manager Risk Management – Rs.42,020 – 51,490/- (Scale III)
Indian Bank Recruitment Selection Process for Specialist Officers:

For Manager Security: Selection will be comprised of shortlisting of applications followed by an interview.

For All Other Posts: Selection will be comprised of a test and personal interview.

For Assistant Manager Credit/ Manager Credit/ Manager Forex/ Manager Dealer/ Manager Risk Management:

Name of Tests No. of Ques Max Marks Durations
English Knowledge 50 50 2 Hrs
Quantitative Aptitude 50 25
Reasoning 50 50
Professional Knowledge
(in specific vertical)
50 75
Total 200 200

For Manager Legal:



Name of Tests No. of Ques Max Marks Durations
English Knowledge 50 50 2 Hrs
General Awareness with
special reference to
Banking Industry
50 25
Reasoning 50 50
Professional Knowledge
(in specific vertical)
50 75
Total 200 200

For Senior Manager Risk Management:

Name of Tests No. of Ques Max Marks Durations
Professional Knowledge
(in specific vertical)
60 100 1 Hour

Penalty for wrong answers in Test:

  • There will be a penalty of 1/4th of the mark allotted to the respective question for which a wrong answer is given by the candidate.
  • If a question is left blank, i.e. no answer is marked by the candidate, there will be no penalty for that question

Minimum qualifying mark in Test & Interview:

  • For unreserved / EWS category: 40 %
  • For SC/ST/OBC/PWD categories: 35%

Application Fee:



  • For SC/ST/PWBD candidates (Only intimation charges): Rs.100/
  • For all others: Rs.600 /-

Mode of Payment: By using Debit or Credit cards or Internet Banking

How to Apply Indian Bank Recruitment 2020 for Specialist Officers?

All interested and eligible candidates can apply for this position online from 22 January to 10 February 2020.

For More Details & Apply: Click here 

Important Dates:

  • On-line registration including Edit/Modification of Application by candidates – 22.01.2020 to 10.02.2020
  • Payment of Application Fees/Intimation Charges (Online) – 22.01.2020 to 10.02.2020
  • Download of call letters for online examination – 20.02.2020 onwards
  • Online Examination – 08.03.2020