IOB General Manager Recruitment 2026

Chennai
Apply By: 05 Aug 2026
Status: Active / Open

Job Description

Overview

Indian Overseas Bank (IOB) has announced a high-level opening for the position of General Manager – Chief Financial Officer (CFO) at its Central Office in Chennai. This leadership role is critical for overseeing the bank's financial health, regulatory compliance, and strategic capital planning. The bank seeks a seasoned finance professional to drive financial excellence and maintain robust internal controls.

Key Responsibilities

  • Directing statutory audit processes and coordinating with regulatory bodies like RBI and SEBI.
  • Managing tax liabilities, including GST and TDS compliance, to optimize the bank's financial position.
  • Developing and maintaining accounting systems aligned with international standards and RBI guidelines.
  • Overseeing MIS reporting and strategic capital planning to ensure long-term financial stability.
  • Supporting the International Banking Group with accounting and tax compliance across global operations.
  • Managing relationships with investors, rating agencies, and government stakeholders to ensure transparency.

Why Apply

This role offers a prestigious opportunity to lead financial operations at a major public sector bank with a competitive CTC of approximately 44 lakhs per annum. It provides significant professional impact and career growth within the senior management cadre of the Indian banking sector.

Important Dates

  • Application Start: 22 July 2026
  • Application End: 05 August 2026

Quick Facts

  • Vacancy: 1 (General)
  • Pay: Scale VII-GM Level
  • Location: Chennai
  • Category: Bank Jobs

IOB General Manager Recruitment 2026 Overview

Registration Date
22 Jul 2026 – 05 Aug 2026
Salary
Rs. 1,56,500 – 1,73,860
Vacancies
1
Eligibility
Chartered Accountant
Application Link
Apply Now

Vacancy Details

  • General Manager – Chief Financial Officer: 1 Post (Unreserved)

How to Apply

  1. Visit the official IOB website at www.iob.bank.in and navigate to the 'Careers' section.
  2. Select the recruitment link for the Chief Financial Officer post.
  3. Register online to obtain your unique Registration Number and Password.
  4. Upload your photograph and signature according to the specified guidelines.
  5. Fill in all personal and professional details accurately in the application form.
  6. Upload mandatory documents including birth proof, degree certificates, CA certificate, and experience letters in PDF format (under 200KB each).
  7. Submit the form and proceed to pay the application fee online.
  8. Download and print the submitted application and payment receipt for your records.

Cutoff Marks

50 marks for General, 45 marks for OBC/SC/ST/PwBD.

Application Fee

General/EWS/OBC: Rs. 1000/-. SC/ST/PwBD: Rs. 175/-. Payment must be made online via Debit Card, Credit Card, or Net Banking.

Age Limit

Maximum 55 years as on 01.07.2026.

Selection Process

The selection process consists of a Personal Interview or Discussion carrying a total of 100 marks. The bank may conduct a preliminary screening of applications to shortlist candidates based on their qualifications, experience, and suitability for the role. A minimum of 50 marks is required to qualify for the interview (45 marks for reserved categories). In the event of a tie in scores, the candidate's age will be used as a tie-breaker.

Exam Pattern

The selection is based on a Personal Interview/Discussion. No written examination is mentioned for this specific senior management role.

Latest Current Affairs (Key Points)

National Affairs
26 Jul 2026
The Indian government has reportedly launched the 'Digital India 3.0' initiative, aiming to further enhance digital infrastructure and services across the nation.The Supreme Court of India has reporte...
Read more
International Affairs
26 Jul 2026
The G7 Summit in 2026 is scheduled to be held in Italy, focusing on global economic stability, climate action, and international security.Discussions are expected to revolve around post-pandemic recov...
Read more

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

There is exactly 1 vacancy available for the position of General Manager – Chief Financial Officer, which is reserved for the Unreserved (General) category. Please refer to the official notification for any further updates regarding the vacancy status.

Candidates must be a qualified Chartered Accountant. Additionally, holding an FRM Certification or CFA is considered a preferred qualification for this senior management position. Ensure you have your certificates ready for verification.

The maximum age limit for applicants is 55 years as of 01 July 2026. This age limit is inclusive of all applicable relaxations. Please verify your age against your official birth certificate before applying.

The online application window closes on 05 August 2026. You must complete your registration and pay the application fee by this date to be considered for the recruitment process.

The application fee is Rs. 1000/- for General, EWS, and OBC candidates. For SC, ST, and PwBD candidates, the intimation charge is Rs. 175/-. Payments must be made through the online portal using a debit card, credit card, or net banking.

The selection process involves a Personal Interview or Discussion carrying 100 marks. The bank may conduct a preliminary screening of applications to shortlist candidates based on their experience and qualifications. A minimum of 50 marks is required to qualify.

The selected candidate will be placed in the Scale VII-GM Level with a pay scale of Rs. 1,56,500 – 1,73,860. The approximate CTC is around Rs. 44 lakhs per annum, along with other applicable bank allowances.

You can apply by visiting the official website at www.iob.bank.in and navigating to the 'Careers' section. Follow the step-by-step registration process, upload the required documents in PDF format, and complete the fee payment online. Keep a printout of the submitted form for your records.
job
Related Jobs
Home Exams Jobs Current Affairs Mock Tests