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Indian Bank Recruitment – Special Officer Post – 2020

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Indian Bank has released a notification for the recruitment of Special Officer Posts. Total vacancies are 138. Candidates can apply directly from the direct link available :- Apply Now

Important Dates :-

Activity date
Starting date for application 22nd Jan 2020
Last date for applying 10th Feb 2020
Admit card 20th Feb 2020
Date of test 8th March 2020

Application Fee ( only online Mode ) :-

  • For all other :-  Rs 600 /- + GST
  • ST / SC / PWD :- Rs 100 /- + GST

Vacancy detail :-

S. No. Post Vacancies
1 Assistant Manager Credit 85
2 Manager credit 15
3 Manager security 15
4 Manager Forex 10
5 Manager legal 02
6 Manager Dealer 05
7 Manager Risk Management 05
8 Senior Manager Risk Management 01

Qualification :-

Post code Post Scale Age limit Education Qualification Experience
1 Assistant Manager Credit 1 Min – 20 Max – 30 Graduation + post graduation ( Business / management / finance / banking ) Or CA/ ICWA / CFA NIL
2 Manager credit 2 Min – 25 Max – 35 Minimum 1 year
3 Manager security 2 Min – 25 Max – 35 graduate 5 years
4 Manager Forex 2 Min – 25 Max – 35 Same as for post no 1 and 2 Minimum 3 years
5 Manager legal 2 Min – 25 Max – 35 LLB and enrolled as advocate with bar council 3 year
6 Manager Dealer 2 Min – 25 Max – 35 Same as for post no 1 and 2 Minimum 3 years
7 Manager Risk Management 2 Min – 25 Max – 35 Graduation + post graduation ( Business / management / finance / banking / econometrics )   Minimum 1 year.
8 Senior Manager Risk Management 3 Min – 27 Max – 37 Graduation + post graduation ( Business / management / finance / banking / econometrics / economics / risk management / maths ) Or Graduate in any discipline and FRM from GARP.   Minimum 3 years in which  2 years experience in Risk Management Department.

Age relaxation :-

  • ST / SC – 5 years
  • OBC ( Non- creamy layer ) – 3 years
  • for the Person with benchmark disability – 10 years

Salary :-

For post code ( 1 ) :- 23700 –  980/7 –  30560 –  1145/2 –  32850 –  1310/7 – 42020

Post code ( 2,3,4,5,6,7 ) :- 31705 – 1145/1 – 32850 – 1310 /10 – 45950

Post code ( 8 ) :- 42020 –  1310/5 –  48570 – 1460/2 –  51490

Plus other benefits

Selection Process :-

The selection process includes the two phases ( sections of phase one test vary for different post codes )

Phase I – test

Post code 1,2,4,6 and 7 :-

  • English Knowledge  ( 50 questions /  50 marks )
  • Quantitative Aptitude ( 50 questions /  25 marks )
  • Reasoning ( 50 questions /  50 marks )
  • Professional Knowledge (in specific vertical)  ( 50 questions /  75 marks )

Composite time – 2 hours

For post code 5  :-

Quantitative Aptitude is replaced with General Awareness with special reference to Banking Industry section for the same number of questions and Marks

(Post code 8)

Professional Knowledge (in specific vertical) – ( 60 questions /  100 marks )  for 1 hour duration

Penalty for the wrong answer :- 0.25

Phase 2 – Interview

Weightage for test and interview is 80 : 20 for merit list

Official Notification

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