Important Dates
|
Particulars |
Date |
|---|---|
|
Payment of Application Fee / Intimation Charges |
12.05.2025 to 31.05.2025 |
|
Opening Date of Online Registration |
12.05.2025 |
|
Closing Date of Online Registration |
31.05.2025 |
Number of Vacancies
|
Post / s |
Minimum Age |
Maximum Age as on (30.04.2025) |
Total Vacancies |
|---|---|---|---|
|
Local Bank Officers– JMGS I |
20 Years |
30 Years |
400 |
Relaxation in Age Limit
|
Category |
Age Relaxation |
|---|---|
|
Scheduled Caste/ scheduled Tribe Candidates |
5 years |
|
Other Backward classes (OBC) Candidates (Non-Creamy layer) |
3 years |
|
Person affected by 1984 riots |
5 years |
|
PWBD |
10 years |
|
Ex-servicemen, Commissioned Officers, including Emergency Commissioned Officers (ECOs) / Short Service Commissioned Officers (SSCOs), who have rendered at least 5 years military service and have been released on completion of assignment (including those whose assignment is due to be completed within 12 months from the date prescribed for closing of online registration) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency or physical disability attributable to military service or invalidment, subject to ceiling as per Government guidelines |
By 5 years |
- Maximum age limit specified is applicable to General Category candidates and Economically Weaker Section (EWS) category candidates.
Qualification (As on 01.05.2025)
|
Posts |
Qualifications |
|---|---|
|
Local Bank Officers (LBO) – JMGS I |
A Degree (Graduation) in any discipline from a University recognized by the Govt. Of India or any equivalent qualification recognized as such by the Central Government. The candidate must possess valid Mark-sheet / Degree Certificate that he/ she is a graduate on the day he / she registers and indicate the percentage of marks obtained in Graduation while registering online. |
Probation Period and Bond Amount
PROBATION PERIOD
- Candidates selected will be on probation for a period of 2 years (active service) from the date of joining the Bank. Their confirmation in Bank’s service will be 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 Indemnity Bond for Rs.2,00,000/- (Rupees Two lakhs) for rendering service for a minimum period of 3 years.
Credit History
Selection Procedure
Selection Procedure
Structure of the Online Examination
|
Topic |
Number of questions |
Maximum Marks |
Duration |
|---|---|---|---|
|
Reasoning and Computer Aptitude |
30 |
60 |
60 minutes |
|
General / Economy/ Banking Awareness |
40 |
40 |
30 minutes |
|
Data Analysis and Interpretation |
30 |
60 |
60 minutes |
|
English Knowledge |
40 |
40 |
30 minutes |
|
Total |
140 |
200 |
3 hours |
- The online examination will consist of 140 objective type questions under 4 sections as mentioned above.
- The duration of the objective test will be 3 hours with separate timing for each section.
- There will be sectional qualifying marks with 30% for reserved candidates and 35% for unreserved candidates.
- There will be penalty for wrong answers. For each question for which a wrong answer has been given by the candidate 1/4th or 0.25 of the marks assigned of the mark allotted to the respective question will be deducted as penalty to arrive at corrected score. There shall be no penalty for an unattended question.
Language Proficiency Test:
- The candidate must have Proficiency (reading, writing and speaking) in the Local Language of the State applied for. Candidates shortlisted for the Personal Interview will be required to qualify Language Proficiency test, failing which they will not be allowed to appear for Personal Interview and thus their candidature will not be considered for further selection process. However, candidates who produce 10th or 12th standard marksheet/ certificate evidencing having studied the specified local language of the applied State as one of the subjects will not be required to undergo the language proficiency test.
Personal Interview:
- Merit list of candidates based on the marks obtained by them in online examination will be prepared in descending order for the respective categories and they should have got qualified in the LPT. Candidates securing minimum qualifying marks in the online examination & LPT (wherever applicable) shall be called for Personal Interview. The minimum qualifying marks will be decided by the Bank.
Final selection:
- The weightage ratio of Online Exam and Personal Interview will be in the ratio of 80:20 respectively. The combined final score of candidates shall be arrived on the basis of scores obtained by the candidates in the Online Examination and Personal Interview. Selection will be made from the top ranked candidates in merit list prepared on State wise and category wise.
Syllabus
Reasoning and Computer Aptitude
- Puzzles
- Seating Arrangements
- Coding & Decoding
- Syllogism
- Machine Input Output
- Direction Sense Test
- Problems based on Ages
- Rankings
- Data Sufficiency
- Statement and Conclusions
- Statement and Assumptions
- Statement and Arguments
- Venn Diagram/Syllogism
- Blood Relation
- Boats and Streams
- Hardware and Software
- Operating System Basics
- Internet Terms and Services
- MS-Office (MS-Word, MS-Excel, MS-PowerPoint)
- History of Computers
- Networking and Communication
- Database
- Security Tools and Viruses
General/Economy/Banking Awareness
- Complete List of Obituaries
- Recently Appointed Brand Ambassadors List
- Monthly GK Digests
- Ministry of Cabinet Ministers
- Renamed Govt. Schemes, Cities, Airports & Railway Stations
- Indian Financial System
- Financial market instruments
- International reports and indices
- Important committees
- Foreign investment and trade
- Growth numbers by various organization
- Union budget
- Latest mergers and MoUs of banks and financial institutions
- Heads of various financial organizations
- Mutual Funds
- Basel Norms
- Regulatory organizations: SEBI/NABARD/RBI
- Joint Military Exercises of India
- List of Summits and Conferences
- India's Rankings in Different Indices
- List of Appointments
- List of Important Days With Themes
- List of MoUs signed by India
- Upcoming Sports Event From
- List of Sports Events & Winners
- Awards and Honors
- Banking Reforms
- Regulatory Bodies in India- NABARD, SEBI etc.
- International Banking
- Latest circulars of RBI and SEBI
- Latest Updates in Financial & Capital Markets
- Financial Terms
- Banking Terms
- Latest Acts related to Banking
- Priority Sector Lending
- NPA - latest news
- SARFAESI Act
- RBI Monetary Policy
- Capital & Money Market Instrument
- Commercial Banks, NBFCs, HFC - Latest news
- Mergers and Acquisitions in Banking Companies
- Credit Rating and Agencies
- Payment Options- NEFT, RTGS, Bharat Bill payment etc.
- Banking regulation 1949
- RBI act 1934
- Negotiable instruments act 1881
- Payment and settlement act 2007
- IBC
- Coinage act
Data Analysis & Interpretation
- Pie Charts
- Ratio
- Percentage
- Line Charts
- Bar Graphs
- Tabular Charts
- Mixed Graphs
- Paragraph or Caselet DI
English Language
- Reading Comprehensions
- Para Jumbles
- Para Completion
- Vocabulary
- Error Spotting
- Sentence Improvement
- Cloze test
- Rearrangement of sentences
IOB Local Bank Officer Course by Team BankExamsToday
Course features
- Daily video classes
- Study Material
- Live sessions
- Unit tests
- Special attention to General/Economy/Banking Awareness section from Day 1
- 5 full-length mock tests
- Interview preparation guide
