Indian Bank has announced 312 Specialist Officers posts in various branches throughout India. 

(A) Important Dates :

On-line registration including Edit/Modification of Application by candidates : 24.05.2022 to 14.06.2022

Payment of Application Fees/Intimation Charges (Online) : 24.05.2022 to 14.06.2022

(B) Details of Vacancies (312 VAcancies) : 

 

Different for each post. Please refer to the Notification

 

(C) Eligibility Criteria ( As on 01/01/2022): 

Different for each post. Please refer to the Notification

(D) Pay and allowances:

Scale I - 36000 1490 46430 1740 49910 1990 63840 7 2 7 

Scale II - 48170 1740 49910 1990 69810 1 10 

Scale III - 63840 1990 73790 2220 78230 5 2 

Scale IV - 76010 2220 84890 2500 89890  

DA, CCA, HRA / Leased accommodation, Leave Fare Concession, Medical Aid, Hospitalization Benefits, Retirement Benefits and other perquisites will be admissible as per the rules of the Bank. 

 

(E) Selection Procedure :

Depending upon the number of applications received, the Bank at its discretion will decide on the mode of selection viz.

1. Shortlisting of applications followed by an interview or 
2. Written / Online Test followed by Interview 
 

	Subject	Questions	Marks	Duration
Wherever test is held, the test structure will be as follows	Professional Knowledge (Respective Domain)	60	60	2 Hours
	English Language	20	20	2 Hours
	General Awareness with Special Reference to Banking Industry	20	20	2 Hours

Penalty for wrong answers in test: 1/4th of the mark allotted to the respective question for which a wrong answer is given. There shall be no penalty for an unattended question.

Cut off score in Test: Number of candidates to be called for interview based on the performance in the written test is 3 times of vacancy for unreserved category and 5 times of vacancy for reserved category. Depending upon the number of vacancies, cut-offs on total mark will be decided and candidates will be shortlisted for interview.

Interview: Total marks in the interview will be 100

Minimum Qualifying marks in Test and Interview: The minimum qualifying mark in Test and Interview is 40 % for candidates belonging to unreserved category / EWS and 35 % for candidates belonging to SC/ST/OBC/PWBD categories. In case sufficient number of candidates are not available as per the qualifying criteria then Bank reserves the right to lower the qualifying marks / cut-off as per its discretion.

Weightage of Test and Interview as per Recruitment Policy:

1. Wherever Test is held the weightage for Test and Interview will be 80:20  
       
2. Wherever selection is by shortlisting of applications followed by interview the weightage will be 100 % of the Interview Score

Merit Order in Test, Interview and Final Merit List: In the event of two or more candidates having obtained the same score in Test / Interview, merit order shall be decided as per date of birth (the candidate senior in age is placed before / above the candidate junior in age).

(F) Application Fee :

 

Rs. 175/- (inclusive of GST)for SC/ST/PWBD candidates (Only intimation charges)

Rs. 850 /- (inclusive of GST)for all others