INDIAN OVERSEAS BANK
(A Govt of India Undertaking)
Central Office, 763, Anna Salai, Chennai – 600002
www.iob.in
Advt No.: HRDD/RECT/ 01 / 2015
Dated: 18.02.2015
LATERAL RECRUITMENT OF CREDIT OFFICERS IN MMG SCALE III – 2014-15
Indian Overseas Bank, a leading Public Sector Bank with headquarters in Chennai having geographical presence all over India and abroad invites online applications from Indian Citizens for recruitment against 100 vacancies for Credit Officers Post in MMG Scale III. Please read this advertisement carefully and ensure the eligibility before submitting online application/ payment of Postage/Intimation charges. No other means/mode of application will be accepted.
Before applying, candidates are advised to ensure that they fulfill the stipulated eligibility criteria. They should note that Postage/ Intimation charges once deposited will neither be refunded nor be adjusted against any other recruitment process. Candidates are advised to fill their particulars Online by themselves correctly.
Vacancy Details:
01-Senior Manager – Credit
AGE, EDUCATIONAL QUALIFICATION & POST QUALIFICATION WORK EXPERIENCE(AS ON 01.02.2015)
All the eligibility criteria (Age, Educational Qualification and Post Qualification Work Experience etc.) shall be computed as on 01.02.2015 (inclusive). Relaxation in maximum age for SC/ST/OBC/PC/Ex-Servicemen will be as per extant Government Guidelines. The required minimum Age, Educational Qualification and Work Experience are as detailed below:
Senior Manager – Credit in MMG Scale III-Min – 26 Max – 35
EDUCATIONAL QUALIFICATION-Full Time MBA/Post Graduate Diploma in Management with Specialization in Finance CAIIB/Diploma in Banking and Finance by IIBF will be preferred.
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SALARY AND EMOLUMENTS:
MMGS – III` 25700– 800/5/29700–900/2-31500
DA, HRA, CCA etc., will be as per rules in force from time to time.
PROBATION PERIOD: Candidates selected will serve a probation period from the date of joining the Bank as determined by the Bank in terms of Officers’ Service Regulation (OSR).
BOND AMOUNT: Candidates selected for appointment will be required to execute a Financial Service Bond for `1, 00, 000 (Rupees One lac) for rendering service for a minimum period of 3 years.
IMPORTANT GENERAL INSTRUCTIONS:
a)Candidates are required to apply only ‘ONLINE’ through Bank’s website. Any other form of application shall not be entertained.
b)Incomplete applications / Applications without supporting documents will be rejected outright.
c)In case of candidates uploading more than one application for any reason, the latest registered application will only be considered.
d)Only candidates willing to serve anywhere in India should apply.
e)Before applying, the candidates must ensure that he/she fulfills all the eligibility criteria and other norms mentioned in the advertisement and has in his/her possession the requisite documents and certificates specified by the Bank, and that the particulars furnished in the Online application are true and correct in all respects.
Mere calling for applications for the Interview shall not imply that the Bank has been satisfied beyond doubt about the candidate’s eligibility. Bank has the right to cancel candidature at any stage if found that he/she is not fulfilling the eligibility criteria and /or that he/she has furnished any incorrect/false information/certificate/documents or has suppressed any material fact(s). If any of these shortcomings are detected even after appointment his/her services are liable to be terminated.
The Bank is free to reject any application, at any stage of the recruitment process, if the candidate is found ineligible for the post. The decision of the Bank in any matter relating to recruitment at all the stages of the recruitment process will be final and binding upon the candidate. No correspondence or personal queries in this regard shall be entertained by the Bank.
f)All candidates called for Interview, will have to produce originals as well as self-attested photocopies of the prescribed certificates in support of their educational qualification, experience, date of birth, caste, etc. The candidates belonging to SC/ST/OBC/PC Category are required to submit originals as well as self-attested photocopies of their caste certificate/certificate of disability issued by the competent authority, in addition to the other certificates in support of their eligibility criteria.
g)In case of candidates belonging to OBC category, the certificate inter-alia must specify that the candidate does not belong to “CREAMY LAYER” section excluded from the benefits of reservations for OBCs in Civil Post and Services under Government of India. The OBC certificate containing “Non Creamy Layer Clause” in Central Government format, should be valid as on the last date of online registration i.e. 06.03.2015 (issued within one year prior to the last date for online registration).
h)Candidates belonging to OBC category but coming under Creamy Layer are not entitled for OBC reservation. They should indicate their category as General in the online application form.
i)Candidates serving in Government /Quasi Government Offices/Public Sector Undertakings including Nationalised Bank, Financial Institutions will be required to produce Original “No Objection Certificate” from the employer at the time of interview, failing which the candidature may not be considered.
j)An Ex-serviceman candidate has to produce a copy of the discharge certificate / pension payment order and documentary proof of rank last / presently held ( substantive as well as acting ) at the time of Interview. Those who are still in defense service should submit a certificate from a competent authority that they will be relieved from De fence Services within 12 months from the date prescribed for closing of online registration i.e. 05.03.2016.
k)Candidates belonging to reserved category, including Physically Challenged category, for which no reservation has been announced, are free to apply for vacancies announced for General category, provided they fulfill all the eligibility criteria.
l)Candidates who do not satisfy the eligibility criteria and who do not produce (for any reason) the originals as well as attested photocopies of all documents required to be submitted as advised in this notification and Interview call letter, whomsoever, shall not be permitted to attend the Interview, even though they have been called for Interview.
m)The candidates will have to appear for interview at their own expense. However, outstation eligible SC/ST/PC candidates who are not employed and attending the interview will be reimbursed to and fro second-class ordinary train fare by the shortest route on production of evidence of travel ( as per extant Govt. Guidelines ). The Bank will not be responsible for any injury / losses, etc. of any nature.
n)Canvassing in any form will be a disqualification.
o)Any request for change of address/ e-mail id for communication will NOT be entertained.
p)Appointment of selected candidates is subject to their being declared medically fit as per the requirements of the Bank. Such appointment will also be subject to the Service and Conduct Rules of the Bank.
q)In case of any dispute on account of interpretation in any version other than English, the English version shall prevail.
r)Any dispute arising out of this advertisement shall be subject to the sole jurisdiction of courts situated at Chennai.
s)Decision of the Bank in all matters regarding eligibility of the candidate, the stages at which such scrutiny of eligibility is to be undertaken, the documents to be produced for the purpose of the conduct of interview, selection and any other matter relating to recruitment will be final and binding on the candidate. Further, the Bank reserves right to stall / cancel the recruitment partially / fully at any stage during the recruitment process at its discretion, which will be final and binding on the candidate.
HOW TO APPLY:
The eligible candidates who are interested to apply have to pay postage/intimation charges as detailed above, payable from 18.02.2015 to 06.03.2015 (both dates inclusive) through both Online & Offline Mode. Bank Transaction charges for Online Payment of Postage/Intimation charges through internet banking payment facility of any Bank (other than IOB) or through Debit/Credit Card (VISA only) of any Bank including IOB will have to be borne by the candidate.
Candidates should note that Postage/Intimation charges once deposited will neither be refunded nor be adjusted against any other recruitment process.
IMPORTANT DATES:
Online Registration 18.02.2015 to 06.03.2015
Payment of Postage/Intimation Charges – Both Online & Offline Mode 18.02.2015 to 06.03.2015
Last Date for Receiving System Generated Print–out of Registered Application along with requisite Documents at Central Office, Chennai 14.03.2015
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