Indian Bank has released the SO Recruitment 2020 Notification on 22/01/2020. Notification is out for 138 Specialist Officers posts in Chennai. Eligible candidates can apply online from 22/01/2020 to 10/02/2020. Candidates can view the post details, vacancy details, eligibility criteria, selection process, applying method, fees structure, syllabus, pattern and important dates in the below content.
Name of the Post: Specialist Officer
Post Date: 23/01/2020
No of Vacancies: 138
Place: Chennai
See Also:
Important Dates for Indian Bank SO Recruitment 2020:
Starting Date for Submission of Online Application | 22/01/2020 |
Last Date for Submission of Online Application | 10/02/2020 |
Date of Online Test | 08/03/2020 |
Date for Downloading Call Letter | 20/02/2020 Onwards |
Vacancy details of Indian Bank SO Recruitment 2020:
S.No. | Name of the Posts | Scale | No. of Posts |
1 | Assistant Manager Credit | I | 85 |
2 | Manager Credit | II | 15 |
3 | Manager Security | II | 15 |
4 | Manager Forex | II | 10 |
5 | Manager Legal | II | 02 |
6 | Manager Dealer | II | 05 |
7 | Manager Risk Management | II | 05 |
8 | Senior Manager Risk Management | III | 01 |
Pay Scale:
S.No. | Scale | Pay Scale |
1 | Scale I | 23700 – 42020/- |
2 | Scale II | 31705 – 45950/- |
3 | Scale III | 42020 – 51490/- |
Age limit (as on 01/07/2019):
S.No. | Name of the Posts | Age Limit |
1 | Assistant Manager Credit | 20 to 30 years |
2 | Manager Credit | 25 to 35 years |
3 | Manager Security | 25 to 35 years |
4 | Manager Forex | 25 to 35 years |
5 | Manager Legal | 25 to 35 years |
6 | Manager Dealer | 25 to 35 years |
7 | Manager Risk Management | 25 to 35 years |
8 | Senior Manager Risk Management | 27 to 37 years |
Age Relaxation:
S.No. | Category | Age Relaxation |
1 | Schedule Cast / Scheduled Tribe (SC / ST) | 05 years |
2 | Other Backward Classes (OBC) | 03 years |
3 | Ex-Servicemen | 05 years |
4 | Persons with Disabilities (PwD) | 10 years |
Educational Qualification:
1. Assistant Manager Credit:
- Candidates should be completed Graduate in any discipline and Post Graduate (2 years duration) in any of the following:
- Business
- Management
- Finance
- Banking
from a University / Institution / Board recognized by the Government of India / Government regulatory bodies. OR
- CA / ICWA / CFA from a University / Institution / Board recognized by the Government of India / Government regulatory bodies wherever applicable.
2. Manager Credit:
- Candidates should be completed Graduate in any discipline and Post Graduate (2 years duration) in any of the following:
- Business
- Management
- Finance
- Banking
from a University / Institution / Board recognized by the Government of India / Government regulatory bodies. OR
- CA / ICWA / CFA from a University / Institution / Board recognized by the Government of India / Government regulatory bodies wherever applicable.
- Minimum 01 year of experience in credit in Public / Private / Foreign Banks.
3. Manager Security:
- Candidates should be completed Graduate in any discipline from any University recognized by Govt of India.
- Candidates should have 05 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:
- Candidates should be completed Graduate in any discipline and Post Graduate (2 years duration) in any of the following:
- Business
- Management
- Finance
- Banking
from a University / Institution / Board recognized by the Government of India / Government regulatory bodies. OR
- CA / ICWA / CFA from a University / Institution / Board recognized by the Government of India / Government regulatory bodies wherever applicable.
- 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:
- Candidates should be completed a Bachelor Degree in Law (LLB) and enrolled as an advocate with Bar Council.
- Enrolled as Advocate with Bar Council and having 03 years of experience as a practicing advocate at Bar. OR
- Minimum of 03 years experience as Legal Officer in Public / Private / Foreign Banks.
6. Manager Dealer:
- Candidates should be completed Graduate in any discipline and Post Graduate (2 years duration) in any of the following:
- Business
- Management
- Finance
- Banking
from a University / Institution / Board recognized by the Government of India / Government regulatory bodies. OR
- CA / ICWA / CFA from a University / Institution / Board recognized by the Government of India / Government regulatory bodies wherever applicable.
- Minimum 03 years of experience in Public / Private / Foreign Banks in dealing in G Sec,
Money Market, Equity, SLR and Non-SLR.
7. Manager Risk Management:
- Candidates should be completed Graduate in any discipline and Post Graduate (2 years duration) in any of
the following:
- Business
- Management
- Finance
- Banking
- Statistics
- Econometrics.
- Candidates should have a minimum of 01-year Experience in Credit at Public / Private / Foreign Banks.
8. Senior Manager Risk Management:
- Candidates should be completed Graduate in any discipline and Post Graduate (2 years duration) in any of the following:
- Business
- Management
- Finance
- Banking
- Statistics
- Econometrics
- Economics
- Risk Management
- Mathematics
from a University / Institution / Board recognized by Government of India / Government regulatory bodies OR
- Graduate in any discipline and FRM from GARP.
Selection Process:
The selection will be based on the:
- Online Written Examination
- Personal Interview.
Pattern for the Online Written Exam:
For Scale I and II posts: (Post code 1,2,4,6 and 7)
S.No. | Name of the Tests | No. of Questions | Max Marks | Duration |
1 | English Knowledge | 50 | 50 | Composite time of 2 hours |
2 | Quantitative Aptitude | 50 | 25 | |
3 | Reasoning | 50 | 50 | |
4 | Professional Knowledge (in specific vertical) | 50 | 75 | |
Total | 200 | 200 |
For Post Code- 5:
S.No | Name of the Tests | No. of Questions | Max Marks | Duration |
1 | English Knowledge | 50 | 50 | Composite time of 2 hours |
2 | General Awareness with special reference to Banking Industry | 50 | 25 | |
3 | Reasoning | 50 | 50 | |
4 | Professional Knowledge (in specific vertical) | 50 | 75 | |
Total | 200 | 200 |
For Scale III post (Post code 8):
S.No. | Name of the Tests | No. of Questions | Max Marks | Duration |
1 | Professional Knowledge (in specific vertical) | 60 | 100 | 1 hour |
Application Fee:
Candidates should pay through online.
S.No. | Category | Fees |
1 | Gen / OBC | 600/- |
2 | SC / ST / PWBD | 100/- |
How to Apply for Indian Bank SO Recruitment 2020:
- Candidates should apply through online.
- The Online registration of applications will be available on the Indian Bank website: www.indianbank.in
- Before applying the candidates must register themselves using their active email id and mobile number.
- After registering, candidates may apply using their registration number and password.
- Candidates should fill all the details asked in the application form correctly as no correction is allowed after submitting the form.
- Candidates must also upload a scanned copy of their photograph, signature, thumb impression in the prescribed format.
- After Clicking FINAL SUBMIT, candidates must pay their application fee through online mode only.
- Print Application form for future reference
Important Links for Indian Bank SO Recruitment 2020:
To Apply Online | Click here |
For Official Website | Click here |
For Official Notification | Click here |
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