Indian Bank Specialist Officer 2020 Notifications

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indian bank so 2020 recruitment

Indian Bank Specialist Officer 2020

INDIAN BANK, a leading Public Sector Bank, with headquarters in Chennai invites Applications for Specialist Officer for the various posts like Credit, Security, Forex, Legal, Risk Management etc. The notification was released on Indian Bank’s Official websites of indianbank.in. The released vacancies are called various scales levels of Scale-I, Scale-II & Scale-III.

Important Dates

ACTIVITY

DATES

On-line registration including Edit/Modification of Application by candidates 22.01.2020 to 10.02.2020
Payment of Application Fees/Intimation Charges (Online) Download of call letters for online examination 20.02.2020 onwards
Online Examination 08.03.2020

Total Vacancies:

Post Code

Post Scale

Vacancy

1

Assistant Manager Credit I 85

2

Manager Credit II 15
3 Manager Security II

15

4

Manager Forex II 10
5 Manager Legal II

2

6

Manager Dealer II 5
7 Manager Risk Management II

5

8

Senior Manager Risk Management III

1

Total

138

Pay Scale and Emoluments

Scale I – 23700 980/7 30560 1145/2 32850 1310/7 42020
Scale II – 31705 1145/1 32850 1310/10 45950
Scale III – 42020 1310/5 48570 1460/2 51490

Selection Procedure

Click Here to Download Official Notification for Indian Bank’s SO 2020

Test Structure

The structure of Test is as follows:
a. For Scale I and II posts (Postcode 1,2,4,6 and 7)

SL

Name of Tests No. of Questions Max Marks

Duration

1 English Knowledge

50

50

Composite time of 2 hours
2 Quantitative Aptitude

50

25

3 Reasoning

50

50

4 Professional Knowledge (in specific vertical)

50

75

Total

200

200

For Post Code- 5

SL

Name of Tests No. of Questions Max Marks

Duration

1 English Knowledge

50

50

Composite time of 2 hours

2 General Awareness with special reference to Banking Industry

50

25

3 Reasoning

50

50

4 Professional Knowledge (in specific vertical)

50

75

Total

200

200

For Scale III post (Post code 8)

SL Name of Tests No. of Questions Max Marks Duration
1 Professional Knowledge (in specific vertical) 60 100 1 hour

The minimum qualifying mark in Test is 40 % for candidates belonging to unreserved / EWS category and 35% for candidates belonging to SC/ST/OBC/PWD categories. In case, in the opinion of the bank, adequate number of candidates have not qualified by obtaining minimum marks as stipulated above in the online examination, bank reserves right to reduce the minimum marks as deemed fit.
10 Cut off marks in Test for calling the candidates for interview will be arrived as 3 times of vacancy for unreserved category and 5 times of vacancy for reserved category.

Click Here to Apply Online for Indian Bank’s SO 2020

Penalty for wrong answers in Test

There will be a penalty of 1/4th of the mark allotted to the respective question for which a wrong answer is given by the candidate. If a question is left blank, i.e. no answer is marked by the candidate, there will be no penalty for that question.

Interview

The minimum qualifying mark in interview is 40 % for candidates belonging to unreserved / EWS category and 35% for candidates belonging to SC/ST/OBC/PWBD categories.

Weightage for Test and Interview

The weightage for Test and Interview is 80:20 for Merit listing

Merit Order

In the event of two or more candidates having obtained the same score in Test / Interview, merit order will be decided as per date of birth i.e. the candidate senior in age is placed before / above the candidate junior in age. Note: Bank reserves the right to change/modify the selection process.

Application Fees

Rs. 100/- + GST for SC/ST/PWBD candidates –
Rs. 600 /- + GST for all others –

!!! All the Best !!!

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