Job Description
Overview
Indian Overseas Bank (IOB) has announced a significant recruitment drive for 750 Apprentice positions for the 2026-27 financial year. This initiative, governed by the Apprentices Act of 1961, offers a structured pathway for fresh graduates to gain hands-on experience within a public sector banking environment. By participating in this program, selected individuals will develop essential professional skills while contributing to the operational efficiency of one of India's prominent financial institutions.
Key Responsibilities
- Assisting branch staff in daily customer service operations and administrative tasks.
- Supporting the implementation of digital banking services and financial inclusion programs.
- Handling basic data entry, documentation, and record-keeping duties under supervision.
- Participating in outreach activities to promote various banking products and schemes.
- Learning core banking software applications and transaction processing workflows.
- Ensuring compliance with internal bank policies and regulatory guidelines during daily tasks.
Why Apply
This apprenticeship provides a unique opportunity to bridge the gap between academic knowledge and practical banking operations. Participants receive a monthly stipend and gain valuable industry exposure that enhances their employability for future banking sector roles.
Important Dates
- Application Start: 7th July 2026
- Application End: 20th July 2026
Quick Facts
- Total Vacancies: 750
- Stipend: Rs. 10,000 - 15,000
- Location: Pan India
- Category: Banking
Indian Overseas Bank Apprentice Recruitment 2026 Overview
Registration Date
07 Jul 2026 –
20 Jul 2026
Salary
Rs. 10,000 to Rs. 15,000
Vacancies
750
Eligibility
Graduation
Application Link
Vacancy Details
- Total: 750 Posts
- State-wise distribution includes Tamil Nadu (200), Uttar Pradesh (110), Maharashtra (85), Delhi (53), Bihar (35), West Bengal (35), Kerala (33), Punjab (24), Odisha (22), and others.
How to Apply
- Visit the official Indian Overseas Bank website at www.iob.in.
- Navigate to the 'Careers' or 'Apprentice' section to find the recruitment link.
- Register using a valid email ID and mobile number to generate login credentials.
- Log in and fill out the application form with accurate personal and educational details.
- Upload scanned copies of required documents, including photograph and signature.
- Proceed to the payment gateway to pay the application fee based on your category.
- Submit the final application and download the confirmation page.
- Print a hard copy of the submitted form for future reference and document verification.
Cutoff Marks
To be determined based on the performance in the online written test.
Application Fee
- General/OBC/EWS: Rs. 944 (Rs. 800 + 18% GST)
- SC/ST/Women: Rs. 708 (Rs. 600 + 18% GST)
- PwBD: Rs. 472 (Rs. 400 + 18% GST)
Payment must be made online through the official portal.
Age Limit
20-28 years as of 01.07.2026
Selection Process
The selection process consists of two primary stages designed to assess both technical aptitude and regional communication skills. First, candidates must appear for an online written examination, which evaluates their knowledge across four distinct sections including financial awareness and quantitative aptitude. Those who qualify in the written test proceed to the second stage, which is a test of local language proficiency. This language assessment is conducted during the document verification phase to ensure the candidate can effectively communicate with the local customer base.
Exam Pattern
The online examination comprises 100 objective-type questions, each carrying one mark, to be completed within a 90-minute duration. The test is divided into four sections: General/Financial Awareness, General English, Quantitative and Reasoning Aptitude, and Computer/Subject Knowledge. Each section contains 25 questions. There is no sectional timing, allowing candidates to manage their time across the entire paper.
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Organization
Indian Overseas Bank (IOB) is a major public sector bank headquartered in Chennai, India. Established in 1937, it operates under the ownership of the Ministry of Finance, Government of India. The bank provides a wide range of financial services, including retail banking, corporate banking, and international operations. IOB is committed to financial inclusion and serves a diverse customer base through its extensive network of branches across the country, playing a vital role in the national economy.
Frequently Asked Questions
Indian Overseas Bank has announced a total of 750 apprentice vacancies for the 2026-27 financial year. These positions are distributed across various states and union territories in India. Please refer to the detailed vacancy table in the official notification to check the specific number of seats available in your state.
Candidates must possess a Bachelor's degree in any discipline from a recognized university. Depending on whether you are registered under the National Apprenticeship Training Scheme (NATS), there are specific windows for when your graduation results must have been declared. Ensure you meet these criteria before applying.
The age limit for applicants is 20 to 28 years as of 01.07.2026. Age relaxation is provided for reserved categories, including 5 years for SC/ST, 3 years for OBC, and 10 years for PwBD candidates. Check the official notification for detailed relaxation rules applicable to your specific category.
The online application process for the IOB Apprentice recruitment begins on 7th July 2026 and concludes on 20th July 2026. It is highly recommended to submit your application well before the deadline to avoid any potential technical issues on the official website.
The application fee is Rs. 944 for General/OBC/EWS candidates, Rs. 708 for SC/ST/Women candidates, and Rs. 472 for PwBD candidates (all inclusive of 18% GST). Payment must be completed online through the bank's official portal during the application process.
The selection process involves two stages: an online written examination followed by a test of local language. Candidates who qualify in the written test will be called for the language proficiency test, which is conducted during the document verification stage. Both stages are mandatory for final selection.
Selected apprentices will receive a monthly stipend ranging from Rs. 10,000 to Rs. 15,000. This stipend is provided to support the apprentices during their training period as they gain practical experience in banking operations. The exact amount may vary based on the bank's internal policies.
You can apply online by visiting the official Indian Overseas Bank website at www.iob.in. Navigate to the careers section, register with your details, fill out the application form, upload the required documents, and pay the application fee. Keep a printed copy of your submitted application for your records.
