Indian Overseas Bank Manager, Senior Manager, and Assistant Manager (Generalist and Specialist Officer posts) Recruitment 2026

Overview

Indian Overseas Bank (IOB), a premier public sector financial institution headquartered in Chennai, is recruiting qualified professionals for 291 positions spanning Generalist and Specialist Officer roles across multiple scales. This recruitment drive aims to fill vacancies in branch management, information technology, cybersecurity, credit operations, risk management, and security functions across the organization. Candidates meeting the specified criteria can submit their applications exclusively through the bank's official online portal.

Important Dates

Vacancy Details

IOB is offering 291 positions distributed across 14 distinct roles in three pay scales: JMGS Scale I, MMGS Scale II, and MMGS III. The largest concentration is in branch management roles with 100 positions available in MMGS II scale. Significant opportunities also exist in information technology (75 combined posts), credit functions (50 combined posts), and cybersecurity-related roles (15 combined posts).

Recruitment includes representation across Unreserved (UR), Other Backward Classes (OBC), Scheduled Castes (SC), Scheduled Tribes (ST), and Economically Weaker Sections (EWS) categories. Additionally, 12 vacancies are reserved on a horizontal basis for Persons with Benchmark Disabilities (PWBD), including positions for hearing-impaired, orthopedically challenged, visually impaired, and intellectually disabled candidates.

Eligibility Criteria

Eligibility assessment is conducted as on 01 August 2026 for all applicants. Candidates must hold Indian citizenship or meet specific categories including subjects of Nepal/Bhutan, Tibetan refugees arriving before January 1962, or persons of Indian origin from designated countries with permanent settlement intent (requiring appropriate government certification).

Educational Requirements: Generalist Officer positions require a bachelor's degree in any discipline from a recognized institution. Specialist roles demand subject-specific qualifications, including B.E./B.Tech in Computer Science/Information Technology, M.E./M.Tech in Cybersecurity, MCA, or equivalent credentials depending on the position.

Work Experience: Candidates must demonstrate relevant post-qualification professional experience. Branch Management roles require minimum 3 years as a banking officer with at least 2 years in branch operations. Information Technology positions mandate 5 years of IT sector experience, with at least 3 years in banking/BFSI and demonstrated expertise in specified technology domains. Information Security, Cyber Security, and specialized roles typically require 2–5 years of focused professional experience in their respective domains.

Age Limits: Branch Management roles accept candidates aged 23–33 years. IT and specialized positions range from 22–40 years depending on the specific post. All age calculations are based on the date 01 August 2026.

Selection Process

The recruitment follows a two-stage merit-based selection methodology. Candidates first compete in a computer-based Online Examination, which tests their professional knowledge, aptitude, and banking sector awareness. Shortlisted candidates are subsequently called for personal interviews conducted by the bank's evaluation panel.

The final merit ranking is determined using a weighted scoring system: the Online Examination accounts for 80% of the total score, while the Interview contribution represents 20%. This weightage ensures comprehensive evaluation of both technical competency and interpersonal effectiveness.

Compensation Structure

Remuneration is structured according to three distinct pay bands:

• JMGS Scale I (Assistant Manager): ₹48,480–85,290 per month
• MMGS Scale II (Manager): ₹64,820–93,960 per month
• MMGS Scale III (Senior Manager): ₹85,920–1,05,280 per month

Additional benefits including dearness allowance, house rent allowance, conveyance, medical coverage, and performance-linked incentives apply as per RBI guidelines and the bank's compensation policy.

How to Apply

Interested candidates must apply through the official IOB website (www.iob.bank.in) during the designated application window only. No alternative submission methods—including postal applications, courier, or email—are permitted. Candidates should register on the portal using their personal details, upload required documentation, and pay the applicable application fee online. Detailed instructions are available on the recruitment notification, and candidates must carefully review all guidelines before submission. The bank's technical support team can assist with portal-related issues during business hours.