Indian Overseas Bank (IOB), a leading public sector bank headquartered in Chennai, has released an official notification for the recruitment of Apprentices under the Apprentices Act, 1961 for the fiscal year 2024-25. This is an excellent opportunity for young graduates to gain valuable work experience in the banking sector.
Important Dates 🗓️
Activity
Dates
Opening Date of Online Application
28.08.2024
Closing Date of Online Application
10.09.2024
Payment of Application Fee
28.08.2024 to 15.09.2024
Online Examination Date (Tentative)
22.09.2024
Vacancy Details 🧑💼
IOB has announced a total of 550 apprenticeship positions across various states and union territories in India. Below is the state-wise and category-wise distribution of vacancies:
State/UT
SC
ST
OBC
EWS
UR (GEN)
Total
Tamil Nadu
24
1
35
13
57
130
Karnataka
8
3
13
5
21
50
Maharashtra
2
2
7
2
16
29
Uttar Pradesh
8
0
11
4
18
41
Kerala
2
0
6
2
15
25
Telangana
4
2
7
2
14
29
West Bengal
5
1
4
2
10
22
Other States/UTs
–
–
–
–
–
–
Total
78
26
118
44
284
550
Eligibility Criteria ✅
Nationality: Candidates must be citizens of India.
Age: Minimum 20 years and Maximum 28 years as on 01.08.2024. Age relaxation is applicable as per government norms.
Educational Qualification: A degree (graduation) in any discipline from a recognized university. The result of the qualification must have been declared between 01.04.2020 and 01.08.2024.
Application Fee 💳
Category
Fee
PwBD
₹472/- (Including GST)
Female / SC / ST
₹708/- (Including GST)
General / OBC / EWS
₹944/- (Including GST)
Stipend 💰
Selected apprentices will receive a monthly stipend based on the branch category:
Branch Category
Stipend per Month (₹)
Metro
₹15,000
Urban
₹12,000
Semi-Urban / Rural
₹10,000
Selection Process 📝
The selection process includes an online examination followed by a test of local language proficiency and personal interaction, if required. The online written examination will consist of the following sections:
S.No.
Test Name
Questions
Marks
1
General/Financial Awareness
25
25
2
General English
25
25
3
Quantitative and Reasoning Aptitude
25
25
4
Computer/Subject Knowledge
25
25
Total
100
100
How to Apply 📋
Interested candidates who meet the eligibility criteria can apply online from 28.08.2024 to 10.09.2024. The application process is completely online, and no other mode of application will be accepted. Candidates are advised to visit the IOB Careers Page or BFSI SSC Website to complete their application.
