Indian Overseas Bank Recruitment 2025: The Indian Overseas Bank (IOB), a premier public sector banking institution in India, has announced its 2025 recruitment drive for apprentices under the Apprentices Act, 1961. With 750 vacancies available across various states and union territories, this initiative offers a golden opportunity for graduates to gain hands-on experience in the banking sector. This guide provides an in-depth analysis of eligibility criteria, application procedures, selection processes, stipend details, and more.
Overview of Indian Overseas Bank Apprenticeship Program
The apprenticeship program at IOB is designed to bridge the gap between academic knowledge and practical skills in banking. Successful candidates will undergo structured training, equipping them with expertise in customer service, financial operations, and regulatory compliance. The program adheres to the National Apprenticeship Promotion Scheme (NAPS), ensuring alignment with government guidelines for skill development.
Read Also: RBI BMC Recruitment 2025: Vacancy Details, Eligibility, Remuneration, and Application Guidelines
Key Highlights
- Total Vacancies: 750
- Post Name: Apprentice
- Age Limit: 20–28 years (relaxation for reserved categories)
- Qualification: Graduation in any discipline
- Stipend: As per NAPS guidelines
- Application Mode: Online
- Last Date to Apply: March 9, 2025
Post Name and Vacancy Distribution
The recruitment drive focuses on the role of Apprentice, with vacancies distributed across multiple states and union territories. While the exact state-wise breakdown is not specified, candidates can apply for positions in their home state or preferred location. The program emphasizes local language proficiency, ensuring effective communication with regional customers.
Why Choose an Apprenticeship at IOB?
- Industry Exposure: Gain firsthand experience in core banking operations.
- Skill Development: Training in digital banking, loan processing, and customer relationship management.
- Career Growth: High-performing apprentices may receive preference in future IOB recruitments.
Eligibility Criteria for Indian Overseas Bank Recruitment 2025
1. Age Limit (as of March 1, 2025)
- Minimum Age: 20 years
- Maximum Age: 28 years
Age Relaxation
| Category | Relaxation |
| SC/ST | 5 years |
| OBC (Non-Creamy Layer) | 3 years |
| PwBD | 10 years |
| Widows/Divorced Women | Up to 35–40 years (varies by category) |
Note: Candidates registered under NAPS must be below 34 years.
2. Educational Qualification
- A Bachelor’s Degree from an institution recognized by the UGC in any field.
- Equivalent qualifications approved by the Central Government.
Indian Overseas Bank Program Stipend Structure
Apprentices will receive a monthly stipend as per NAPS guidelines:
| Branch Category | Amount (INR) |
| Metro | 15000 |
| Urban | 12000 |
| Rural | 10000 |
Government’s Contribution: 4500
Key Points:
- Stipend credited directly to the apprentice’s bank account.
- No additional allowances (travel, housing, etc.) are provided.
- Unauthorized leaves result in stipend deductions.
Read Also: DRDO RAC Recruitment 2025: Comprehensive Guide to Chairperson Position
Indian Overseas Bank Recruitment 2025 Selection Process
The selection process involves three stages:
1. Online Written Examination
- Format: Objective-type questions
- Duration: 60 minutes
- Sections:
- Quantitative Aptitude (25 marks)
- Reasoning Ability (25 marks)
- English Language (25 marks)
- General Awareness (25 marks)
- Total Marks: 100
Cut-off: Category-wise minimum scores required for progression.
2. Local Language Proficiency Test
- Conducted post-exam for candidates applying to non-native states.
- Exemption: Candidates with 10th/12th marksheets proving local language study.
- Failure: Disqualification from apprenticeship.
3. Personal Interaction
- Shortlisted candidates undergo interviews assessing communication skills and banking aptitude.
Indian Overseas Bank Apprenticeship Program Application Process
Step-by-Step Guide
- Registration:
- Create an account on the NAPS Portal (www.apprenticeshipindia.gov.in).
- Application Submission:
- Log in and search for “Indian Overseas Bank” under “Establishment Name.”
- Select the apprenticeship opportunity and click “Apply.”
- Document Upload:
- Graduation marksheets
- Age proof (birth certificate/10th marksheet)
- Caste certificate (if applicable)
- Disability certificate (for PwBD)
- Fee Payment:
- General/OBC: ₹800
- SC/ST/Female: ₹600
- PwBD: ₹400
- Payment via debit card/credit card/net banking.
Important Dates
- Start Date: February 15, 2025
- End Date: March 9, 2025
Preparation Tips for Indian Overseas Bank Apprenticeship Online Examination
- Quantitative Aptitude: Focus on arithmetic problems, data interpretation, and simplification.
- Reasoning Ability: Practice puzzles, syllogisms, and seating arrangements.
- English Language: Improve grammar, vocabulary, and comprehension skills.
- General Awareness: Stay updated on banking news, RBI policies, and current affairs.
Recommended Resources:
- “Quantitative Aptitude for Competitive Examinations” by R.S. Aggarwal
- “Banking Awareness” by Arihant Experts
- Mock tests on Oliveboard or Gradeup.
Read Also: BIS SRO Recruitment 2025: Comprehensive Guide to Standard Promotion Consultant Post
FAQs
Q1. Can final-year students apply?
No. Only candidates with a completed graduation degree are eligible.
Q2. Is the apprenticeship convertible to a permanent job?
While not guaranteed, exceptional performers may receive preference in future recruitments.
Q3. What is the training duration?
Typically 12 months, extendable based on performance.
Q4. Are remote applications accepted?
No. Candidates must apply online via the NAPS portal.
Conclusion
The Indian Overseas Bank Apprenticeship 2025 is a strategic launchpad for aspiring bankers. With a robust stipend, comprehensive training, and exposure to real-world banking scenarios, this program is tailored to nurture future finance professionals. Eligible candidates are encouraged to apply before the March 9 deadline and embark on a rewarding journey with IOB.
Download Official Notification: Click Here
