Indian Bank SO Recruitment 2020 Notification – 138 Posts

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 Application22/01/2020
Last Date for Submission of Online Application10/02/2020
Date of Online Test08/03/2020
Date for Downloading Call Letter20/02/2020 Onwards

Vacancy details of Indian Bank SO Recruitment 2020:

S.No.Name of the PostsScaleNo. of Posts
1Assistant Manager CreditI85
2Manager CreditII15
3Manager SecurityII15
4Manager ForexII10
5Manager LegalII02
6Manager DealerII05
7Manager Risk ManagementII05
8Senior Manager Risk ManagementIII01

Pay Scale:

S.No.ScalePay Scale
1Scale I 23700 – 42020/-
2Scale II 31705 – 45950/-
3Scale III  42020 – 51490/-

Age limit (as on 01/07/2019):

S.No.Name of the PostsAge Limit
1Assistant Manager Credit20 to 30 years
2Manager Credit25 to 35 years
3Manager Security25 to 35 years
4Manager Forex25 to 35 years
5Manager Legal25 to 35 years
6Manager Dealer25 to 35 years
7Manager Risk Management25 to 35 years
8Senior Manager Risk Management27 to 37 years

Age Relaxation:

S.No.CategoryAge Relaxation
1Schedule Cast / Scheduled Tribe (SC / ST)05 years
2Other Backward Classes (OBC)03 years
3Ex-Servicemen05 years
4Persons 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:
  1. Business
  2. Management
  3. Finance
  4. 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:
  1. Business
  2. Management
  3. Finance
  4. 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:
  1. Business
  2. Management
  3. Finance
  4. 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:
  1. Business
  2. Management
  3. Finance
  4. 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:
  1. Business
  2. Management
  3. Finance
  4. Banking
  5. Statistics
  6. 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:
  1. Business
  2. Management
  3. Finance
  4. Banking
  5. Statistics
  6. Econometrics
  7. Economics
  8. Risk Management
  9. 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:

  1. Online Written Examination
  2. 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 TestsNo. of QuestionsMax MarksDuration
1English Knowledge5050Composite time of 2 hours
2Quantitative Aptitude5025
3Reasoning5050
4Professional Knowledge (in specific vertical)5075
Total200200

For Post Code- 5:

S.NoName of the TestsNo. of QuestionsMax MarksDuration
1English Knowledge5050Composite time of 2 hours
2General Awareness with special reference to Banking Industry5025
3Reasoning5050
4Professional Knowledge (in specific vertical)5075
Total200200

For Scale III post (Post code 8):

S.No.Name of the TestsNo. of QuestionsMax MarksDuration
1Professional Knowledge (in specific vertical)601001 hour

Application Fee:

Candidates should pay through online.

S.No.CategoryFees
1Gen / 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 WebsiteClick here
For Official NotificationClick here

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