Indian Bank Local Bank Officer Recruitment 2024: Apply Now

Author avatarSuresh
13 August, 2024
All India

Indian Bank has released the official notification for the recruitment of Local Bank Officer (LBO) Scale I posts. Applications for this recruitment have started from 13 August 2024. Candidates can apply by visiting the official website. Information related to this recruitment, such as age limit, application fee, qualification, and selection process, is available in the details given below.

Highlights

Start Date
13 August, 2024
End Date
02 September, 2024
Payment Last Date
02 September, 2024
Exam Mode
Online / Offline
Mininum Age
20 Years
Maximum Age
30 Years
Salary
Scale 1 – Rs.48480 – 85920/-

Qualifications

  • Graduate

Designation

  • Local Bank Officer (LBO) Scale I

Important Information for Indian Bank Recruitment 2024

Indian Bank has released the official notification for the recruitment of Local Bank Officer (LBO) Scale I posts. The online application process for this recruitment will start from 13th August 2024 and will run till 2nd September 2024. In this notification, eligible candidates have been invited to apply online for a total of 300 posts in various states. If you are interested in this opportunity, you can apply by visiting the link given below. Candidates are advised to check all the details before applying.

Key Dates to Remember

EventDate
Application Start Date13th August 2024
Last Date for Application Submission2nd September 2024
Last Date for Fee Payment2nd September 2024
Exam DateTo be announced soon

Application Fee

Indian Bank has required the candidates applying for the Local Bank Officer (LBO) Scale I posts to pay the application fee. General/EWS/OBC category candidates have to pay an application fee of Rs.1000/-, while for SC/ST/PH category candidates, the fee is Rs.175/-. Candidates have to pay their examination fee only through debit card, credit card, or net banking by 2nd September 2022.

  • General/EWS/OBC: Rs.1000/-
  • SC/ST/PH: Rs.175/- 
  • The application fee can be paid online through debit card, credit card, or net banking.

Age Criteria

Indian Bank has prescribed the minimum age of 18 years and maximum age of 30 years for the candidates applying for Local Bank Officer (LBO) Scale I posts. The age of the candidates will be calculated as on 1st January 2024, and age relaxation will also be provided to the candidates as per the state government rules.

  • Minimum Age: 20 years
  • Maximum Age: 30 years
  • Age Relaxation: Applicable as per government rules.

Relaxation in Upper Age Limit:

CategoryAge Relaxation
Scheduled Caste/ Scheduled Tribe candidates5 Years
Other Backward Classes (Non-Creamy Layer) candidates3 Years
Persons with Benchmark Disabilities as per "The Rights of Persons with Disabilities Act, 2016"10 Years
Ex-Servicemen, Commissioned Officers (including ECOs/SSCOs) with at least 5 years military service5 Years
Persons affected by the 1984 riots5 Years

Vacancy Details

A total of 300 vacancies are available across different states. Here’s a breakdown:

StateSCSTOBCEWSGENTotal
Tamil Nadu / Puducherry2412431665160
Karnataka050209031635
Andhra Pradesh & Telangana070313052250
Maharashtra060310041740
Gujarat020104010715
Total44217929127300

Educational Qualification

Candidates must hold a Bachelor’s Degree in any discipline from a recognized university in India. Additionally, proficiency in the local language of the state they are applying for is required.

Selection Process

The selection process for Local Bank Officer Recruitment 2024 consists of the following stages:

  1. Preliminary Examination: A multiple-choice online test covering English Language, Quantitative Aptitude, and Reasoning Ability.
  2. Main Examination: A more comprehensive test including General Awareness, Financial Management, Professional Knowledge, and English Language.
  3. Interview: Shortlisted candidates from the main exam will be called for a personal interview to assess their suitability for the role.
  4. Final Merit List: The final selection will be based on the candidate's performance in the main examination and the interview.

Exam Pattern for Indian Bank Recruitment

Phase-I: Preliminary Examination

DescriptionValue
Duration1 hour
TypeObjective Type (MCQs)
ModeOnline
Total Number of Questions100
Penalty for Incorrect AnswersYes, 0.25 marks will be deducted for each incorrect answer.
Qualification NatureMarks obtained in this stage are used for shortlisting for the main examination and are not included in the final merit list.

Scoring Distribution

SubjectNumber of QuestionsMarks
English Language3030
Mathematical Ability3535
Logical Reasoning3535
Total Marks100

Phase-II: Main Examination

DescriptionValue
Duration3 hours and 30 minutes (Combined Time)
TypeObjective Type (MCQs) and Descriptive Type
ModeOnline
Penalty for Incorrect AnswersYes, 0.25 marks will be deducted for each incorrect answer.
Qualification NatureMarks obtained in the main examination are included in the final merit list.

Scoring Distribution

SubjectNumber of QuestionsMarksDuration
Logical Reasoning and Computer Awareness456060 minutes
General/Economy/Banking Awareness404035 minutes
English Language354040 minutes
Data Analysis and Interpretation356045 minutes
Descriptive Paper (English Language - Letter Writing and Essay)22530 minutes
Total Marks225

Phase-III: Interview

DescriptionValue
Total Marks100 marks
Minimum Qualifying Marks in Interview40% (35% for SC/ST/OBC/PWD candidates) or more
Final SelectionMarks obtained in the main examination and interview are considered for the final merit list.

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How to apply

  1. Visit the official website of Indian Bank at indianbank.in.

  2. Click on the Careers section located in the footer menu bar.

  3. Here you will find the list of all the recruitments done by Indian Bank.

  4. Click on the “Local Bank Officer Recruitment 2024” link.

  5. On this page you can see the detailed notification and online application link.

  6. Read the notification carefully to check eligibility and other important details.

  7. Then, click on the “Apply Online” button.

  8. Complete the registration process and fill the application form carefully.

  9. Upload the required documents and pay the application fee.

  10. Finally, submit the Indian Bank Local Bank Officer Application Form.

FAQ's

  1. What is the application fee for Local Bank Officer Recruitment 2024?

    A: The application fee for general category candidates is ₹[1000]. For SC/ST/PWD candidates, the fee is ₹[175].

  2. Can I apply for multiple posts?

    No, candidates can apply for only one post.

  3. Is there any negative marking in the exam?

    Yes, there is a penalty for wrong answers in both preliminary and main exams.