Indian Bank SO Recruitment 2024 – India Bank, a leading Public Sector Bank, invites online applications for the post of Specialist Officer. There are a total of 146 vacancies to be filled for these posts. Candidates with the qualification of Any degree/B.Tech/B.E./M.Tech/M.E/MBA/MCA/B.Sc/M.Sc/CA/ICWA/ICWA/CFA with required work experience is eligible to apply for this job. The selection is based on the written test and interview. Interested and eligible candidates can apply online on or before 01 April 2024. The detailed eligibility and application process for Indian Bank Careers are given below.
Indian Bank Specialist Officer Recruitment:
The Indian Bank announced Specialist Officer Notification: Chief Manager/Senior Manager/Assistant Manager/Manager. There are 146 vacancies to be filled. The age limit will be 21 – 45 Years. The selected candidates will be paid a scale of Rs.36000 – 89890/- month. The selected candidates will be posted per the bank’s requirement and will be liable to be transferred anywhere in India. The online application submission is from 12 March 2024 to 01 April 2024. For more details, visit the official website, www.indianbank.in. Before applying for the post, candidates carefully read the job details below. The Education Qualification, Age limit, Age relaxation, Application Fee, Selection process, and Application process are all details mentioned below for clear understanding. Interested and Eligible Candidates can apply online for Indian Bank Careers on or before the last date.
Indian Bank Job Vacancy:
The selection process will be based on Shortlisting of applications followed by interview or Written / Online Test followed by Interview. A candidate can apply for only one post, and any candidate should submit no more than one application. The selected candidates in Scale I posts will be on probation for two years from the date of joining. Selected candidates in Scale II, III and IV posts will be on probation for one year from the date of joining. Their confirmation in the Bank’s service will be decided in terms of the provisions of the Indian Bank Officers Service Regulations 1979 (as amended up to date).
Indian Bank SO Recruitment 2024 Details:
| Organization Name | Indian Bank |
| Job Role | Chief Manager/Senior Manager/Assistant Manager/Manager |
| Job Category | Bank Jobs |
| Qualification | Any degree/B.Tech/B.E./M.Tech/M.E/MBA/MCA/B.Sc/M.Sc/CA/ICWA/ICWA/CFA |
| Total vacancies | 146 Posts |
| Experience | Experienced |
| Salary | Rs.36000 – 89890/- month |
| Job location | Across India |
| Application Mode | Online |
| Application Starts Date | 12 March 2024 |
| Last Date | 01 April 2024 |
| Official Website | www.indianbank.in |
Indian Bank Specialist Officer – Detailed Eligibility:
Educational Qualification:
1. Specialists for Credit:
Cheif Manager (Credit) :
- CA or MBA (or equivalent PG Degree / Diploma) in Finance
- Minimum seven years of Post Qualification work experience
Senior Manager (Credit) :
- CA / ICWA or MBA (or equivalent PG Degree / Diploma) in Finance
- Minimum Five years of Post Qualification work experience
2. Specialists for NR Business:
Assistant Manager – NR Business Relationship:
- Graduation.
- MBA (or equivalent PG Degree / Diploma) is desirable
- 1 Year as Officer or 3 years as Clerk in a Scheduled Commercial Bank.
3. Specialists for Security:
Assistant Manager – Security:
- Graduate from a Recognized University or equivalent AND
- Certification in computer course for minimum three months OR
- Information Technology or related paper as one of the subjects at graduation level or afterwards.
- Certification in Firefighting/Fire Safety is desirable.
- The candidate should be a Junior Commissioned Officer or equivalent with a minimum of five years of service in the Rank of JCO in the Army/Navy/Air Force OR
- The candidate should be of the rank equivalent to Inspector with a minimum of five years of service in Paramilitary Forces
4. Specialists for MSME:
Chief Manager – MSME Relationship:
- Graduate in any discipline.
- Professional qualifications viz. CAIIB / Certification in Credit from reputed institutions is desirable
- Minimum eight years of post-qualification experience OR
- Two years MBA (or equivalent PG Degree / Diploma) in Marketing / Finance or CA / CWA / ICWA
- Minimum six years post-qualification experience
Senior Manager – MSME Relationship:
- Graduate in any discipline.
- Minimum six years post-qualification experience OR
- 2 years MBA (or equivalent PG Degree / Diploma) in Marketing / Finance or CA / CWA / ICWA
- Minimum 4 years post-qualification experience
Manager – MSME Relationship:
- Graduate in any discipline.
- Minimum 3 years post-qualification experience OR
- 2 years MBA (or equivalent PG Degree / Diploma) in Marketing / Finance or CA / CWA / ICWA
- Minimum 2years post-qualification experience
5. Specialist for Digital Marketing:
Chief Manager – Digital Marketing:
- 2 years MBA (or equivalent PG Degree / Diploma) in Marketing
- Minimum 8 years of marketing experience
Senior Manager – SEO and Website Specialist:
- Bachelor’s degree or equivalent in Marketing, Mass Media / Communication
- 2 years MBA (or equivalent PG Degree / Diploma) in Marketing is desired
- Minimum 5 years of SEO, website management experience in E-Commerce / Banking / Fintech or a Consumer facing listed
company.
Senior Manager – Social Media Specialist:
- Bachelor’s degree or equivalent in Marketing, Mass Media / Communication
- 2 years MBA (or equivalent PG Degree / Diploma) in Marketing is desired
- Minimum 5 years of social media marketing in BFSI or Consumer facing listed company
Senior Manager – Creatives expert:
- Bachelor’s degree or equivalent in Marketing, Mass Media / Communication, Graphic Design, Visual Communication, Fine Arts in Creative Writing / Visual Art or similar discipline.
- 2 years MBA (or equivalent PG Degree / Diploma) in Marketing is desired.
- Minimum 5 years of experience in creatives, communications, designing, video creation and editing in BFSI
6. Specialist for Forex / Trade Finance:
Senior Manager/Manager – Forex/Trade Finance:
- Graduate in any discipline. And
- 2 years MBA (or equivalent PG Degree / Diploma) in Finance / International Business / Trade Finance. OR
- CA from ICAI / CMA from ICWA / CFA from CFA institute USA.
- Senior Manager: Minimum 5 years of work experience
- Manager: Minimum 3 years of work experience
7. Specialist for Treasury:
Chief Manager:
- Post Graduate Degree / Diploma in Business Management / Finance / Banking / Economics
- Minimum 7 year experience
Manager:
- Graduate Degree AND MBA (or equivalent PG Degree / Diploma) in Finance / Banking OR
- CA /ICWA /CFA /FRM will be desired.
- FRM from GARP/ PRM from PRMIA/ CFA from CFA Institute
- Minimum 2 year experience.
Senior Manager:
- Graduate Degree AND MBA (or equivalent PG Degree / Diploma) in Finance / Banking
- FRM from GARP/ PRM from PRMIA/ CFA from CFA Institute
- Minimum 4 year experience
8. Specialist for Information Security Services Department:
Chief Manager/Senior Manager/Manager:
- BE/BTech (ECE/CS/IT/Cyber Sec), MCA/ MSC (Comp Science / IT) / BSc (Comp Science) / (CyberSec)
- Minimum 10 years, 5 years, 3 years of experience
9. Specialists for Information Technology:
Chief Manager/Senior Manager/Manager:
- 4-year Engineering/Technology Degree in Computer Science/Computer Applications/ Information Technology/Electronics/ Electronics & Telecommunications/ Electronics & Communication/ Electronics & Instrumentation (OR)
- Post Graduate Degree in Electronics/ Electronics & Tele Communication/ Electronics & Communication/ Electronics & Instrumentation/ Computer Science/ Information Technology/ Computer Applications (OR)
- Graduate having passed DOEACC ‘B’ level
- Minimum 7 years,5 years, 3 years of experience
10. Specialization in Risk Management:
Chief Manager/Senior Manager/Manager:
- CA. OR
- Master’s Degree in Mathematics / Statistics OR
- Engineering graduate AND 2 years Post Graduate Degree / Diploma in Business Management / Banking / Finance
- Minimum 8 years, 5 years, 3 years of experience
11. Specialization for Fraud Risk Management:
Chief Manager/Senior Manager/Manager:
- B.E./ B.Tech. in Computer Science/Information Technology/ Electronics / Electronics & Communication / MCA / M.Sc. in Statistics/ MS in Data Science
- Minimum 8 years, 5 years, 3 years of experience
Age Limit(As on 01 January 2024):
| Post Name of Indian Bank SO Recruitment 2024 | Age Limit |
| Chief Manager – Credit | 27 to 40 years |
| Senior Manager – Credit | 25 to 38 years |
| Assistant Manager – NR Business Relationship | 21 to 30 years |
| Assistant Manager – Security | 25 to 45 years |
| Chief Manager – MSME Relationship | 28 to 40 years |
| Senior Manager – MSME Relationship | 26 to 38 years |
| Manager – MSME Relationship | 23 to 35 years |
| Chief Manager – Digital Marketing | 30 to 40 years |
| Senior Manager – SEO and Website Specialist | 25 to 38 years |
| Senior Manager-Social Media Specialist | 25 to 38 years |
| Senior Manager – Creatives expert | 25 to 38 years |
| Senior Manager – Forex/Trade Finance | 25 to 38 years |
| Manager – Forex/Trade Finance | 23 to 35 years |
| Chief Manager – Treasury Dealer | 29 to 40 years |
| Manager-Trading/Arbitrage In Currency Futures | 22 to 35 years |
| Manager-Trading In Interbank FX- Spot: USD/INR | 22 to 35 years |
| Manager-Trading In Interbank Cross Currency FX-Spot | 22 to 35 years |
| Senior Manager-Trading In Interbank Cross Currency FX- Spot | 24 to 38 years |
| Senior Manager-Trading In Interbank FX -Swap | 24 to 38 years |
| Senior Manager-Trading/Arbitrage In FX-Currency Options | 24 to 38 years |
| Senior Manager-Equity Dealer | 24 to 38 years |
| Senior Manager-OIS Dealer | 22 to 35 years |
| Manager-Equity Dealer | 22 to 35 years |
| Manager-NSLR Dealer | 22 to 35 years |
| Chief Manager – Information Security | 30 to 40 years |
| Senior Manager – Information Security | 25 to 38 years |
| Manager – Information Security | 23 to 35 years |
| Chief Manager – Cloud Infrastructure Specialist | 27 to 40 years |
| Chief Manager – DBA | 27 to 40 years |
| Chief Manager – API Development | 27 to 40 years |
| Senior Manager – Kubernetes Specialist | 25 to 38 years |
| Senior Manager – Weblogic Administrator | 25 to 38 years |
| Senior Manager – API Developer | 25 to 38 years |
| Manager – DBA | 23 to 35 years |
| Manager – Network | 23 to 35 years |
| Manager – Information Security | 23 to 35 years |
| Chief Manager – Model Validator: Risk Validator | 28 to 40 years |
| Senior Manager – IRRBB | 25 to 38 years |
| Senior Manager – Model Developer: Risk modelling | 25 to 38 years |
| Senior Manager – Data Analyst | 25 to 38 years |
| Manager – IRRBB | 23 to 35 years |
| Manager – Climate Risk | 23 to 35 years |
| Chief Manager- IT Risk | 28 to 40 years |
| Chief Manager – EFRM Analyst | 28 to 40 years |
| Senior Manager – IT Risk | 25 to 38 years |
| Senior Manager – EFRM Analyst | 23 to 45 years |
| Manager – IT Risk | 23 to 35 years |
| Manager – EFRM Analyst | 23 to 35 years |
| Manager – FRMC: Advance Fraud Examination | 23 to 35 years |
Age Relaxation of Indian Bank Specialist Officer Recruitment:
| Category | Age Relaxation |
| Scheduled Caste/ Scheduled Tribe candidates | 5 Years |
| Other Backward Classes (Non-Creamy Layer) candidates | 3 Years |
| Persons with Benchmark Disabilities as defined under “The Rights of Persons with Disabilities Act, 2016.” | 10 Years |
| Ex-servicemen, Commissioned Officers, including Emergency Commissioned Officers (ECOs)/ Short Service Commissioned Officers (SSCOs) who have rendered at least five years of military service and have been released on completion of assignment (including those whose assignment is due to be completed within one year from the last date of receipt of application) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency or physical disability attributable to military service or invalidment. | 5 Years |
| Persons affected by the 1984 riots | 5 Years |
Indian Bank Job Vacancy Details: 146 Posts
| Post Name of Indian Bank SO Recruitment 2024 | Scale | Vacancy |
| Chief Manager – Credit | IV | 10 |
| Senior Manager – Credit | III | 10 |
| Assistant Manager – NR Business Relationship | I | 30 |
| Assistant Manager – Security | I | 11 |
| Chief Manager – MSME Relationship | IV | 5 |
| Senior Manager – MSME Relationship | III | 10 |
| Manager – MSME Relationship | II | 10 |
| Chief Manager – Digital Marketing | IV | 1 |
| Senior Manager – SEO and Website Specialist | III | 1 |
| Senior Manager-Social Media Specialist | III | 1 |
| Senior Manager – Creatives expert | III | 1 |
| Senior Manager – Forex/Trade Finance | III | 5 |
| Manager – Forex/Trade Finance | II | 5 |
| Chief Manager – Treasury Dealer | IV | 1 |
| Manager-Trading/Arbitrage In Currency Futures | II | 1 |
| Manager-Trading In Interbank FX- Spot: USD/INR | II | 1 |
| Manager-Trading In Interbank Cross Currency FX-Spot | II | 1 |
| Senior Manager-Trading In Interbank Cross Currency FX- Spot | III | 1 |
| Senior Manager-Trading In Interbank FX -Swap | III | 1 |
| Senior Manager-Trading/Arbitrage In FX-Currency Options | III | 1 |
| Senior Manager-Equity Dealer | III | 1 |
| Senior Manager-OIS Dealer | III | 1 |
| Manager-Equity Dealer | II | 1 |
| Manager-NSLR Dealer | II | 1 |
| Chief Manager – Information Security | IV | 1 |
| Senior Manager – Information Security | III | 3 |
| Manager – Information Security | II | 3 |
| Chief Manager – Cloud Infrastructure Specialist | IV | 2 |
| Chief Manager – DBA | IV | 2 |
| Chief Manager – API Development | IV | 1 |
| Senior Manager – Kubernetes Specialist | III | 2 |
| Senior Manager – Weblogic Administrator | III | 1 |
| Senior Manager – API Developer | III | 2 |
| Manager – DBA | II | 3 |
| Manager – Network | II | 1 |
| Manager – Information Security | II | 1 |
| Chief Manager – Model Validator:Risk Validator | IV | 1 |
| Senior Manager – IRRBB | III | 1 |
| Senior Manager – Model Developer: Risk modeling | III | 1 |
| Senior Manager – Data Analyst | III | 1 |
| Manager – IRRBB | II | 1 |
| Manager – Climate Risk | II | 1 |
| Chief Manager- IT Risk | IV | 1 |
| Chief Manager – EFRM Analyst | IV | 1 |
| Senior Manager – IT Risk | III | 1 |
| Senior Manager – EFRM Analyst | III | 1 |
| Manager – IT Risk | II | 1 |
| Manager – EFRM Analyst | II | 1 |
| Manager – FRMC: Advance Fraud Examination | II | 1 |
| Total | 146 |
Salary Details:
- Scale I – Rs.36000 – 1490 – 46430 – 1740 – 49910 – 1990 – 63840/-
- Scale II – Rs.48170 – 1740 – 49910 – 1990 – 69810/-
- Scale III – Rs.63840 – 1990 – 73790 – 2220 – 78230/-
- Scale IV – Rs.76010 – 2220 – 84890 – 2500 – 89890/-
Selection Process of Indian Bank Careers:
- Depending upon the number of applications received, the Bank, at its discretion, will decide on the mode of selection viz.
- Shortlisting of applications followed by interview or
- Written / Online Test followed by Interview
Written Test:
The marks allotted for each stage of selection will be as follows:
| Subject | Questions | Marks |
| Professional Knowledge (Respective Domain) | 60 | 60 |
| English Language | 20 | 20 |
| General Awareness with Special Reference to the Banking Industry | 20 | 20 |
- The duration of the exam will be 1 hour, 45 Minutes.
- There will be a negative marking of 1/4th of the marks assigned to the question.
Cut-off score in Test:
- The number of candidates to be called for an interview based on their performance in the written test is 3 times the vacancy for the unreserved category and five times the vacancy for the reserved category. Depending upon the number of vacancies, cut-offs on total mark will be decided, and candidates will be shortlisted for interview.
Interview:
- The total marks in the interview will be 100.
- The minimum qualifying mark in Test and Interview is 40 % for candidates belonging to unreserved category / EWS and 35 % for candidates belonging to SC/ST/OBC/PWBD categories.
- In case a sufficient number of candidates are not available as per the qualifying criteria then Bank reserves the right to lower the qualifying marks/cut-off at its discretion.
- The weightage for Test and Interview will be 80:20
- If two or more candidates have obtained the same score in the Test / Interview, the merit order shall be decided as per date of birth (the candidate senior in age is placed before/above the candidate junior in age).
Application Fees:
- SC/ST/PWBD: Rs. 175/- + GST (Only intimation charges)
- UR/OBC/Others: Rs. 1000 /- + GST
Payment Mode:
- Payment can be made by using debit or credit cards or Internet banking by providing information as requested on the screen.
- The candidate will have to bear Bank Transaction charges for Online Payment of application fees/intimation charges.
How to Apply for Indian Bank SO Recruitment 2024?
All interested and eligible candidates can apply for the Indian Bank Jobs online on the official website of Indian Bank given below on or before 01 April 2024.
For More Details: Click here.
To Apply: Click here.
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