Indian Overseas Bank (IOB) Recruitment 2026

Hiring 250 Local Bank Officers (LBO) in Scale I (JMGS-I) | Basic Pay Starting at ₹48,480!

Indian Overseas Bank (IOB) has officially released a recruitment notification (Advt. No. HRDD/RECT/02/2026-27) inviting applications for 250 vacancies of Local Bank Officers (LBO) in Junior Management Grade Scale-I (JMGS-I). Eligible candidates can submit their applications online starting from 08 August 2026 up to 24 August 2026.

📌 Quick Overview

Key Feature	Recruitment Details
Organization	Indian Overseas Bank (IOB)
Advertisement No.	HRDD/RECT/02/2026-27
Post Name	Local Bank Officer (LBO)
Grade / Scale	JMGS-I (Scale I)
Total Vacancies	250 Posts
Basic Pay Scale	₹48,480 – ₹85,920
Application Mode	Online
Job Location	Tamil Nadu, Karnataka, Maharashtra, Gujarat (State applied for)

📅 Important Dates

Activity	Date / Timeline
Notification Release Date	07.08.2026
Opening Date of Online Registration	08.08.2026
Closing Date of Online Registration	24.08.2026
Payment of Application Fee / Intimation Charges	08.08.2026 to 24.08.2026

💰 Salary & Pay Scale

Assistant Manager (Scale I / JMGS-I): ₹48480-2000/7-62480-2340/2-67160-2680/7-85920

• Starting Basic Pay: ₹48,480 per month.
• Maximum Basic Pay: ₹85,920 per month.
• Additional allowances will be applicable as per institutional norms.

🔗 How to Apply & Official Links

• Online Registration Portal: IBPS Online Application Link
• Detailed Advertisement PDF: Download Official Notification
• Official Bank Website: www.iob.bank.in

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