Table of Contents
Indian Bank SO 2020: Indian Bank released the official notification to recruit specialist officers for 138 vacancies on its official website indianbank.in The online registration and application process end on 10th February 2020. Candidates interested to apply for these Scale-I, Scale-II & Scale-III vacancies in Indian Bank are advised to apply before midnight.
The online application link along with the direct link to download Indian Bank SO 2020 online notification PDF has been given below.
Indian Bank SO 2020: Check Official Notification
Indian Bank SO 2020: Apply Online
Indian Bank SO 2020: Exam Dates
Commencement of Online registration – 22nd January 2020
Last Date to Apply Online – 10th February 2020
Download of call letters for online examination – 20th February 2020 onwards
Date of Online Examination – 8th March 2020
Indian Bank SO 2020: Posts & Vacancies
There are 85 vacancies for Scale I Officer, 52 vacancies for Scale II Officer & 1 vacancy for Scale III Officer. The complete vacancy-wise division has been given below.
| Post Name | Post | Vacancy |
| Assistant Manager Credit | I | 85 |
| Manager Credit | II | 15 |
| Manager Security | II | 15 |
| Manager Forex | II | 10 |
| Manager Legal | II | 2 |
| Manager Dealer | II | 5 |
| Manager Risk Management | II | 5 |
| Senior Manager Risk Management |
III | 1 |
NOTE: A candidate can apply for only one post and not more than one application should be submitted by any candidate.
Indian Bank SO 2020: Eligibility Criteria
The basic Eligibility Criteria in the form of Age, Educational Qualification & Work Experience (1st July 2019) for Indian Bank SO 2020 is as follows:
| Post Code | Post | Age Limit | Educational Qualification | Experience (Post Qualification) |
| 1. | Assistant Manager Credit | Min: 20 Max: 30 |
1.Graduate in any discipline and Post Graduate (2 years duration) in any of the following: a.Business b.Management c.Finance d.Banking from a University / Institution /Board recognised by Government of India / Government regulatory bodies. OR 2.CA/ICWA/CFA from a University / |
NIL |
| 2. | Manager Credit | Min: 25 Max: 35 |
Graduate in any discipline and Post Graduate (2 years duration) in any of the following: a.Business b.Management c.Finance d.Banking from a University / Institution /Board recognised by Government of India / Government regulatory bodies. OR 2.CA/ICWA/CFA from a University / |
Minimum 1 year of experience in credit in Public / Private / Foreign Banks. |
| 3. | Manager Security | Min: 25 Max: 35 |
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 |
| 4. | Manager Forex | Min: 25 Max: 35 |
1.Graduate in any discipline and Post Graduate (2 years duration) in any of the following: a.Business b.Management c.Finance d.Banking from a University / Institution /Board recognised by Government of India / Government regulatory bodies. OR 2.CA / ICWA / CFA from a University / |
Minimum 3 years of experience with Public / Private / Foreign Banks in dealing in interbank and cross currency deals / handling trade finance portfolio. |
| 5. | Manager Legal | Min: 25 Max: 35 |
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 practicing advocate at Bar. OR Minimum of 3 years |
| 6. | Manager Dealer | Min: 25 Max: 35 |
1.Graduate in any discipline and Post Graduate (2 years duration) in any of the following: a.Business b.Management c.Finance d.Banking from a University / Institution /Board recognised by Government of India / Government regulatory bodies. OR 2.CA / ICWA / CFA from a University / |
Minimum 3 years of experience in Public / Private / Foreign Banks in dealing in G Sec, Money Market, Equity, SLR and Non SLR. |
| 7. | Manager Risk Management | Min: 25 Max: 35 |
1.Graduate in any discipline and Post Graduate (2 years duration) in any of the following: a.Business b.Management c.Finance d.Banking e.Statistics f.Econometrics |
Minimum 1 year Experience in Credit at Public / Private /Foreign Banks |
| 8. | Senior Manager Risk Management | Min: 25 Max: 35 |
1.Graduate in any discipline and Post Graduate (2 years duration) in any of the following: a.Business b.Management c.Finance d.Banking e.Statistics f.Econometrics g.Economics h.Risk Management i.Mathematics from a University / Institution / Board recognised by Government of India / Government regulatory bodies OR 2. Graduate in any discipline and FRM |
Minimum 3 years of Experience in Public / Private / Foreign Banks of which 2 years experience in Risk Management Department |
Indian Bank SO 2020: Selection Procedure
The selection process for Manager Security will comprise of shortlisting of applications followed by interview. For other posts, the selection process will comprise of an online test and personal interview.
The Structure of online exam is as follows:
For Manager Legal:
| Sr. No. | Name of tests | No. of Questions | Max. Marks | Duration |
| 1. | English Knowledge | 50 | 50 | Composite Time of 2 hrs |
| 2. | General Awareness with special reference to Banking Industry | 50 | 25 | |
| 3. | Reasoning | 50 | 50 | |
| 4. | Professional Knowledge | 50 | 75 | |
| 200 | 200 |
For Scale III Post:
| Sr. No. | Name of tests | No. of Questions | Max. Marks | Duration |
| 1. | Professional Knowledge | 60 | 100 | 1 hr. |
For The Remaining Posts:
| Sr. No. | Name of tests | No. of Questions | Max. Marks | Duration |
| 1. | English Knowledge | 50 | 50 | Composite Time of 2 hrs |
| 2. | Quantitative Aptitude | 50 | 25 | |
| 3. | Reasoning | 50 | 50 | |
| 4. | Professional Knowledge | 50 | 75 | |
| 200 | 200 |
The minimum qualifying mark in Test is 40 % for candidates belonging to unreserved/EWS category and 35% for candidates belonging to SC/ST/OBC/PWD categories.
Indian Bank SO 2020: Application Fee
- Rs. 100/- + GST for SC/ST/PWBD candidates.
- Rs. 600 /- + GST for all others.
Indian Bank SO 2020: Pay Scale
Following is the pay scale as mentioned in the notification:
Scale I – 23700 980 30560 1145 32850 1310 42020 727
Scale II – 31705 1145 32850 1310 45950 110
Scale III – 42020 1310 48570 1460 51490
RBI Assistant 2020 | English | Adverbs basic to advance
Register here to get study materials and regular updates!!
All the Best BA’ians for RBI Assistant Prelims
The Hindu Review October 2022: Download ...
Daily Current Affairs 02nd November 2024...
JAIIB RBWM 2024 Exam Readiness Test: Att...
