Indian Overseas Bank government gecruitment Credit Officers Vacancy for Freshers

Indian Overseas Bank At Chennai
Post Name : Credit Officers (Scale III)

No of Vacancy : 100 Posts

Pay Scale : Rs.25700-31500/-


Educational Qualification : Full Time MBA/Post Graduate Diploma in Management with Specialization in Finance and Minimum 4 years of post qualification work experience as an Officer, handling Credit in Financial Institutions, of which at-least 2 years should be in a Scheduled Commercial Bank handling Credit Portfolio.

CAIIB/Diploma in Banking and Finance by IIBF will be preferred.


Age Limit : 26 to 35 years


Age of Relaxation :

Scheduled Caste/Scheduled Tribe : 5 years

Other Backward Classes : 3 years

Physically Challenged Category Candidates : 10 years


Selection Process : After scrutiny of the applications received, only eligible candidates will be called for Personal Interview.


Application Fee : Candidates have to pay Rs. 600/- for General/OBC candidates and Rs. 100/- for SC/ST/PC Candidates through both Online & Offline Mode. Bank Transaction charges for Online Payment of Postage/Intimation charges through internet banking payment facility of any Bank (other than IOB) will have to be borne by the candidate.


How to Apply IOB Vacancy : Interested & Eligible Candidates may apply online through IOB website http://www.iob.in/ After Online A system generated printed Online application form for the respective post applied, complete in all respects and with the documents specified therein should be sent only by speed post/registered post to The Assistant General Manager, Human Resources Development Department, Indian Overseas Bank, Central office, No.763, Anna Salai, Chennai- 600002


The Constitution of the Board of the Bank is governed by "The Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1970, formulated by the Central Government, after consultation with the Reserve Bank of India, in exercise of the powers conferred by section 9 of "The Banking Companies (Acquisition and Transfer of Undertakings) Act 1970.


The Composition of the Board of Directors of a Bank is governed by "The Nationalised Banks (Management and Miscellaneous Provisions) Scheme 1970 read with The Banking Companies (Acquisition and Transfer of Undertakings) and Financial Institutions Laws (Amendment) Act 2006


In terms of The Banking Companies (Acquisition and Transfer of Undertakings) Act 1970, the General Superintendence, Direction and Management of the affairs and business of the Bank vests in the Board of Directors which is entitled to exercise all such powers and do all such acts and things as the Bank is authorized to exercise and do.

About Indian Overseas Bank

The Constitution of the Board of the Bank is governed by "The Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1970, formulated by the Central Government, after consultation with the Reserve Bank of India, in exercise of the powers conferred by section 9 of "The Banking Companies (Acquisition and Transfer of Undertakings) Act 1970.


The Composition of the Board of Directors of a Bank is governed by "The Nationalised Banks (Management and Miscellaneous Provisions) Scheme 1970 read with The Banking Companies (Acquisition and Transfer of Undertakings) and Financial Institutions Laws (Amendment) Act 2006


In terms of The Banking Companies (Acquisition and Transfer of Undertakings) Act 1970, the General Superintendence, Direction and Management of the affairs and business of the Bank vests in the Board of Directors which is entitled to exercise all such powers and do all such acts and things as the Bank is authorized to exercise and do.

Candidate Profile

MBA/Post Graduate Diploma in Management with Specialization in Finance and Minimum 4 years of post qualification work experience as an Officer, handling Credit in Financial Institutions, of which at-least 2 years should be in a Scheduled Commercial Bank handling Credit Portfolio.

CAIIB/Diploma in Banking and Finance by IIBF will be preferred.
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Location : Chennai
Education: MBA / PGDM / MBM , Diploma , CA , Any Graduate
Experience : Freshers
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