The Indian Bank has invited application to the recruitment of the Specialist Officer (SO) Posts.  Online application for the same has already been started from 22 January 2020. A total of 138 vacancies are notified for the post of Assistant Manager, Manager, and Senior Manager.

Indian Bank SO Important Dates:

  • Starting Date of Online Application Submission: 22 January 2020
  • Last Date of Online Application Submission: 10 February 2020
  • The download of call letters for online examination – 20 February 2020
  • Online Examination – 08 March 2020

Indian Bank SO Vacancy Details:

Specialist Officer – 138 Posts

  • Assistant Manager Credit – 85
  • Manager Credit – 15
  • Manager Security – 15
  • Manager Forex – 10
  • Manager Legal – 2
  • Manager Dealer – 5
  • Manager Risk Management – 5
  • Senior Manager Risk Management – 1

Pay Scale:

  • Scale I – Rs. 23700 980/7 30560 1145/2 32850 1310/7 42020
  • Scale II – 31705 1145/1 32850 1310/10 45950
  • Scale III – Rs. 42020 1310/5 48570 1460/2 51490

Eligibility Criteria for Indian Bank SO Posts

  • Assistant Manager Credit – Graduate in any discipline and Post Graduate (2 years duration) in Business/Management/Financed/Banking from a University /Institution /Board recognised by Government of India / Government regulatory bodies. OR CA/ICWA/CFA from a University / Institution / Board recognised by Government of India / Government regulatory bodies wherever applicable
  • Manager Credit – Graduate in any discipline and Post Graduate (2 years duration) in Business/Management/Financed/Banking from a University /Institution /Board recognised by Government of India / Government regulatory bodies OR CA/ICWA/CFA from a University / Institution / Board recognised by Government of India / Government regulatory bodies wherever applicable. Minimum 1year of experience in credit in Public / Private / Foreign Banks
  • Manager Security – Graduate in any discipline from any University recognized by Govt of India. 5 years (either by way of pre or post qualification experience) as a Commissioned Officer in the Indian Army/Navy/Air Force OR Police Officer not below the rank of Deputy Superintendent of Police OR Assistant Commandant or equivalent Rank in Paramilitary Forces
  • Manager Forex – Graduate in any discipline and Post Graduate (2 years duration) in Business/Management/Financed/Banking from a University /Institution /Board recognised by Government of India / Government regulatory bodies OR CA/ICWA/CFA from a University / Institution / Board recognised by Government of India / Government regulatory bodies wherever applicable. Minimum 3 years of experience with Public / Private / Foreign Banks in dealing in interbank and cross-currency deals/handling trade finance portfolio
  • Manager Legal – A Bachelor Degree in Law (LLB) and enrolled as an advocate with Bar Council. Enrolled as Advocate with Bar Council and having 3 years of experience as practising advocate at Bar OR Minimum of 3 years experience as Legal Officer in Public / Private / Foreign Bank
  • Manager Dealer – Graduate in any discipline and Post Graduate (2 years duration) in Business/Management/Financed/Banking from a University /Institution /Board recognised by Government of India / Government regulatory bodies OR CA/ICWA/CFA from a University / Institution / Board recognised by Government of India / Government regulatory bodies wherever applicable. Minimum 3 years of experience in Public / Private / Foreign Banks in dealing in G Sec, Money Market, Equity, SLR and Non-SLR
  • Manager Risk Management – Graduate in any discipline and Post Graduate (2 years duration) in Business/Management/Financed/Banking/ Statistics /Econometrics. Minimum 1 year experience in Credit at Public / Private / Foreign Banks
  • Senior Manager Risk Management – Graduate in any discipline and Post Graduate (2 years duration) in Business/Management/Financed/Banking/ Statistics /Econometrics/Economics/Risk Management/Mathematics from a University /Institution /Board recognised by Government of India / Government regulatory bodies OR Graduate in any discipline and FRM from GAR. Minimum 3 years of Experience

Age Limit:

  • Assistant Manager Credit – 20 to 30 Years
  • Manager– 25 to 35 Years
  • Sr Manager – 27 to 37 Years

Selection procedure for Indian Bank SO Posts

The selection for the post of   Manager Security will be done on the basis of shortlisting  of  applications followed by interview while for other posts, online test and personal interview will be conducted

How to Apply for Indian Bank SO Posts

Candidates are required to visit the Bank’s website www.indianbank.in and click on the ‘careers page ‘and then click on ‘Recruitment of Specialist Officers 2019-20’. Indian Bank SO Online Application Link is available from 22 January to 10 February 2020

Application Fee

  • SC/ST/PWBD – Rs. 100/-+ GST
  • Other category – Rs. 600 /-+ GST