Indian Overseas Bank LBO Recruitment 2026

Indian Overseas Bank (IOB), a public sector bank headquartered in Chennai, has released a recruitment notification for Local Bank Officer (LBO) in JMGS-I scale. The recruitment is for candidates who are looking to work in banking and meet the eligibility requirements for the state they wish to apply for. Applications are accepted online only.

A total of 250 vacancies have been announced across four states: Tamil Nadu, Karnataka, Maharashtra, and Gujarat. The online application window is open from 2026-08-08 to 2026-08-24. Candidates must apply through the official IOB website and follow the instructions carefully, as applications not meeting eligibility conditions may be rejected. Selection will be based on an Online Examination, a Language Proficiency Test (LPT) where applicable, and a Personal Interview, along with document verification.

Important Dates

Vacancy Details

Eligibility Criteria

Educational Qualification

Candidates must hold a Degree (Graduation) in any discipline from a University recognized by the Government of India, or an equivalent qualification recognized by the Central Government. Candidates should also have a valid mark-sheet/degree certificate and must be a graduate on the day of registration.

Age Limit

The minimum age for applying is 20 years and the maximum age is 30 years. For age eligibility, candidates must have been born not later than 2026-08-01 and not earlier than 1996-08-02.

Age relaxation is available as per the following categories:

Language proficiency is also required. Candidates must be proficient in reading, writing, and speaking the local language of the state they are applying for. Candidates who have studied the local language in 10th or 12th standard are exempted from the Language Proficiency Test.

Application Fee

Payment must be made online through the application portal, and no other payment mode is mentioned as acceptable.

How to Apply

1. Visit the official website of IOB at www.iob.bank.in.
2. On the homepage, open the Careers section and select the link for Recruitment of Local Bank Officers – 2026-27.
3. Click Register Online.
4. Complete registration using a valid mobile number and email ID.
5. After successful registration, note the Registration Number and Password.
6. Log in and fill the online application form with personal, educational, and other required details.
7. Upload the scanned photograph, signature, left thumb impression, and handwritten declaration as per the specifications mentioned in the recruitment instructions.
8. Pay the application fee online using Debit Card, Credit Card, Internet Banking, BHIM, or UPI.
9. Review all entered details carefully before final submission.
10. Submit the form and download/print the system-generated application form for future reference.

Salary & Pay Scale

In addition to the basic pay, allowances such as DA, HRA, CCA, and other allowances are applicable as per rules.

Selection Process

The selection process for the Local Bank Officer (LBO) post is multi-stage. Candidates will first appear for an Online Examination. Based on the recruitment rules, a Language Proficiency Test (LPT) will be conducted where applicable. After that, candidates will be called for a Personal Interview. The process also includes document verification. For the Online Examination, the notification specifies sections covering Reasoning and Computer Aptitude, General/Economy/Banking Awareness, Data Analysis and Interpretation, and English Knowledge, with negative marking of 0.25 marks for each wrong answer. Minimum qualifying marks are also specified for unreserved and reserved categories. For the Personal Interview, the interview carries 100 marks with minimum qualifying marks specified for unreserved and reserved categories. Final selection is based on weightage of Online Examination (80%) and Personal Interview (20%), along with minimum aggregate score requirements for unreserved and reserved categories.

Additional terms mentioned include a requirement to execute a Financial Service Indemnity Bond for 200000 for rendering service for a minimum period of 3 years, and a probation period of 2 years (active service) from the date of joining.

Candidates who meet the eligibility conditions should complete their online application before 2026-08-24 to avoid last-minute issues.