Vacancy Details

• Post Name: Specialist Officers (MMGS II & MMGS III)
• Total Vacancies: 127.
  • UR (GEN): 76
  • EWS: 5
  • OBC: 31
  • ST: 3
  • SC: 12
• Pay Scale / Remunération:
  • MMGS II: ₹64820 – 2340/1 – 67160 – 2680/10 – 93960
  • MMGS III: ₹85920 – 2680/5 – 99320 – 2980/2 – 105280
• Official Website: www.iob.in

Eligibility Criteria

• Educational Qualification: A University recognized by Govt. of India is required for all posts. Detailed post-wise qualifications are mentioned in the official notification. Some key qualifications include B.E./B.Tech, MCA/MSc, MBA, CA, etc., in relevant disciplines.
• Experience: Post-qualification work experience is mandatory for all posts, ranging from a minimum of 2 years to 10 years depending on the post and scale. Please refer to the official notification for specific requirements for each post.
• Age Limit: The age limit will be calculated as of 01.09.2025. The age criteria vary for each post, generally ranging from 24 to 40 years. Age relaxation is applicable as per government norms:
  • SC/ST: 5 years
  • Other Backward Classes (Non–Creamy Layer): 3 years
  • Persons with Benchmark Disabilities (PwBD): 10 years
  • Ex-servicemen: 5 years
  • Persons affected by 1984 riots: 5 years
• Other Criteria: Candidates must be citizens of India. For detailed nationality criteria, refer to the official notification.

Selection Process

The selection process will consist of two stages: Online Examination followed by an Interview. Candidates qualifying in the Online Examination will be shortlisted for the Interview.

Structure of Online Examination:

• Total Questions: 100
• Total Marks: 100
• Duration: 2 hours (with sectional timings)
• Sections:
  • English Language: 25 Marks (30 mins)
  • General Awareness with Special reference to Banking Industry: 25 Marks (30 mins)
  • Professional Knowledge: 50 Marks (60 mins)
• Negative Marking: 1/4th of the mark allotted to the question will be deducted for each wrong answer.

Application Process

• Application Fee:
  • General/OBC/EWS: ₹1000/- (inclusive of GST)
  • SC/ST/PwD: ₹175/- (Only intimation charges, inclusive of GST)
• How to Apply: Interested and eligible candidates must apply Online through the official Indian Overseas Bank website (www.iob.in) under the ‘Careers’ section. No other mode of application will be accepted.

Important Dates

• Application Start Date: 12.09.2025
• Application Last Date: 03.10.2025
• Last Date for Payment of Application Fee: 03.10.2025