Indian Overseas Bank Recruitment of Clerks 2011

Indian Overseas Bank (IOB) was founded on February 10, 1937 and has the unique distinction of commencing business on 10th February 1937 (on the inaugural day itself) in three branches simultaneously - at Karaikudi and Chennai in India and Rangoon in Burma (presently Myanmar) followed by a branch in Penang. IOB was one of the 14 major banks that was nationalised in 1969.

IOB invites applications for the post of Clerks the details of which are mentioned below

Name of the post: Clerks

Total Number of Vacancies: 1100 seats 

Age Limit: 18 years of age (min) and 28 years of age (max) as on 1 January 2010

Eligibility criteria: For recruitment as clerk in Indian Overseas bank, a candidate should satisfy the following conditions:

(i) a citizen of India,

(ii) a subject of Nepal,

(iii) subject of Bhutan,

(iv) a Tibetan refugee who came over to India before 1 January 1962 with the intention of permanently settling in India,

(v) a person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, the United Republic of Tanzania (formerly Tanganyika and Zanzibar), Zambia, Malawi, Zaire, Ethopia and Vietnam with the intention of permanently settling in India. Provided that a candidate belonging to categories (ii), (iii), (iv) & (v) above shall be a person in whose favour a certificate of eligibility has been issued by the Government of India. A candidate in whose case a certificate of eligibility is necessary may be admitted to the examination/ interview conducted by the Bank but on final selection the offer of appointment may be given only after the necessary eligibility certificates have been issued to him by the Government of India.

A candidate in whose case a certificate of eligibility is necessary may be admitted to the examination and/ or interview conducted by Bank but on final selection the offer of appointment may be given only after the Government of India has issued the necessary eligibility certificate.

Educational qualification

• A Pass with 65% marks (60% for SC/ST/PC/Ex-Servicemen) in HSC of 10+2 (10+2+3) pattern or Intermediate/ Pre-University or any equivalent examination recognized by Central/ State Government or Union Territory Administration.

• A pass with 60% marks Diploma in banking (55% for SC/ST/PC/Ex-Servicemen) recognized by Central/ State Government or Union Territory Administration.

• A degree with a minimum of 50% of marks (45% for SC/ST/PC/Ex-Servicemen) in any discipline from a recognized University or any equivalent qualification recognized as such by the Central Govt.

Note:

• For Ex-Servicemen (who do not possess the above) a pass in Service (Departmental) Examination which is recognized as equivalent to Civil Examination not below the rank of Higher Secondary School Examination.

• All Educational Qualifications should be from recognized University/ Central/ State/ Union Territory Administration.

• Should be able to write and speak English fluently.

• Knowledge to read, write, and speak the official language of the state for which the candidate has applied is essential.

Diploma in Banking & Finance (DBF) from Indian Institute of Banking and Finance (IIBF) is a desirable qualification besides the above entry level qualification.

Computer qualification (if required): Computer literacy shall be an essential qualification, which the candidate must either possess before or acquire within six months of joining the Bank.

Important Dates:

a) Opening date for online registration: 4 March 2011

b) Closing date for online registration: 25 March 2011

c) Tentative date of written test: 29 May 2011

Pay scale: Rs 7200 - Rs 19300 plus DA, HRA, etc will be paid as per Bank’s rules in force from time to time depending upon the place of posting.

Application Fee: The fee to be paid by SC/ ST/ PWD/ EXSM candidate is Rs 50 and for General/ OBC candidate is Rs 250.

How to apply: 

Eligible candidates are required to apply 'ONLINE' only through website www.iob.in and no other means/ mode of application will be acceptable. Candidates are advised to follow the following sequence of steps while applying online.

• Candidates are required to have a valid e-mail ID. It should be kept active for the duration of this recruitment process. Under no circumstances, he/ she should share/ mention e-mail ID to/ of any other person.

• In case a candidate does not have a valid personal e-mail ID, he/she should create his/her e-mail ID before applying online.

• Log on to Bank’s website www.iob.in and click “Career” column (available at the top of the bank’s website), then the Career page will open.

• Go through the detailed advertisement by clicking the Advertisement (English) or advertisement (Hindi) available in the Career Page and ensure candidate’s eligibility to apply for the said post.

• Take print out of Payment Receipt by clicking Download Payment Receipt available in the Career Page.

• Remit the application fee/postages as applicable to the candidate with the filled up Payment Receipt in any of Indian Overseas Bank branches by means of cash only and collect candidate’s copy of Payment Receipt for the application fee paid. Please ensure that the following information has been correctly entered (1) Branch Name & Code Number (2) Transaction ID (3) Date of deposit and amount.

• After remitting the application fees/ postage, again log on to our Bank’s website www.iob.in and open the Career Page. Click apply online. Then online application form will open. Fill up all the details required in the application and click “Submit” button available at the bottom of the online application and online application will be registered. A Registration Number and Password will appear for your online registration immediately on the screen. This can be used only for taking printout of the online application registered by the candidates for their records and candidates should not send the printout of the online application to the Bank.

• There is a provision to modify the submitted On Line Application. Candidates are requested to make use of this facility to correct their details in the online Application, if any. This modification facility will be available up to 27 March 2011. After this date no modification will be permitted. Candidate should take utmost care while filling the online application.

For the purpose of locating the Branch address for remitting fees, candidate may log on to our Bank website www.iob.in wherein provision is available for locating address of the Branches.

Candidates should submit the candidate’s copy of Payment Receipt along with the call letter at the time of written examination failing which the candidate will not be admitted for he written examination.

The payment of fees should be made between 4 March 2011 and 25 March 2011 (inclusive of both dates).

Applications once made will not be allowed to be withdrawn and application fee/ postages once paid shall not be refunded or shall not be held in reserve for any other examination.

Selection procedure:

A. Written Examination

Selection will be made on the basis of performance in Written Examination and Interview. Details of Written Examination and Interview are as under:

Objective Tests - The Objective Tests consists of (i) Test of Reasoning (ii) Test of English Language (iii) Test of Numerical Ability (iv) Test of General Awareness with special reference to Banking industry (v) Test of Computer knowledge. (250 Questions carrying total weightage of 250 with total time duration of 150 minutes).

There will be penalty for wrong answers marked in the objective tests which will result in negative marks for every wrong answer ie, one fourth or 0.25 of the marks assigned to that question will be deducted. If the total of the penalty for a test is in fraction, the marks obtained will be rounded off to the nearest integer.

Note: The question paper for above test except the Test of English Language and Descriptive Paper will be printed bilingual i.e. English and Hindi.

Bank will decide the minimum cut-off marks for each test as well as Total Weightage Marks. Mere eligibility/ pass in the Written Examination shall not vest any right in a candidate for being called for Personal Interview. Depending upon the number of vacancies, only those candidates who rank sufficiently high in the order of merit in the written examination as per the cut off marks decided by the Bank will be called for the interview.

Other detailed information regarding the written examination will be given in the information booklet, which will be made available to the candidate along with the call-letter.

B.  Interview 

The Interview will carry 50 Marks. Minimum qualifying marks in the interview will be 22.50 marks for General Category and 20.00 marks for SC/ST/OBC/Physically Challenged Candidates.

Final selection will be made on the basis of aggregate marks obtained by the candidates in the written examination and Interview and will be strictly according to the merit ranking.

Exam Centres: 

Hyderabad, Vijayawada, Vishakhapatnam (Andhra Pradesh), Guwahati (Assam, Manipur, Meghalaya, Mizoram), Patna (Bihar), Chandigarh (Chandigarh & Haryana), Raipur (Chhattisgarh), Delhi (Delhi, Himachal Pradesh and Jammu & Kashmir), Panaji-Goa (Goa), Ahmedabad (Gujarat), Ranchi (Jharkhand), Bengaluru (Karnataka), Ernakulam (Kerala), Mumbai (Maharashtra), Bhopal (Madhya Pradesh), Bhubaneshwar (Orissa), Puducherry (Puducherry), Ludhiana (Punjab), Jaipur (Rajasthan), Chennai, Coimbatore, Madurai, Trichy, Tirunelveli, Tuticorin, (Tamil Nadu), Lucknow (Uttar Pradesh), Dehradun (Uttarakhand), Kolkata (West Bengal).

Exemption for SC/ ST candidates: 5 years

Paper Writer: Candidates who are blind/ low vision or locomotor impaired in both hands and both arms can use own scribe at their cost during the written examination.

a) The academic qualification of the scribe should be one grade lower than the stipulated eligibility criteria.

b) The scribe should possess fewer marks than the candidate appearing at the written examination and not more than 60% marks in his/ her own academic stream. 

c) Both the candidate and the scribe will have to give a suitable undertaking, confirming that the scribe fulfils all the stipulated eligibility criteria for a scribe as mentioned above. In case it later transpires that he/ she did not fulfil any of the laid down eligible criteria or suppressed the material facts, the candidature of the candidate will stand cancelled, irrespective of the result of the written examination.

d) Such candidates who use a scribe shall be eligible for extra time of 20 minutes for every hour of the examination.

Important Information

Advertisement Number: HRDD/RECT/ 01/2011

Call Letters for Written Test: The date of written examination along with the Centre/Venue and time of the written examination will be intimated in the Call Letter which will be sent to all eligible candidates before the date of the Written Examination. All eligible candidates will be issued call-letters at the correspondence address given by them in their online application, which will be sent by post. Candidates who do not receive call letter latest by 23 May 2011.

a) May download the Duplicate Call Letter from our Bank’s website www.iob.in by entering his/her details between 17 May 2011 to 21 May 2011. 

OR

b) Obtain Duplicate Call Letter between 24 May 2011 and 28 May 2011 between 11.00 am and 4.00 pm (on Saturday between 11.00 am to 2.00 pm) by contacting in person at the address for the respective Centres given in the Annexure 'A' of advertisement in our bank's website www.iob.in in along with copy of application, registration number and original candidate’s copy of payment receipt.

Candidates have to affix his/ her photograph on the call letter. Candidate has to bring this call letter along with original candidate’s copy of payment receipt while attending the written examination.

Note: Candidates have to submit original candidate’s copy of payment receipt along with Examination Call Letter while attending the written examination without which they will not be allowed to take up the examination.

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