IOB SO Recruitment 2026: Apply Online for 291 Generalist and Specialist Officer Posts with Salaries Up to Rs 1 Lakh

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Wed Sep 02 18:08:52 IST 2026
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Banking career aspirants have a major employment opportunity as the Indian Overseas Bank (IOB) officially opens registration for its latest recruitment drive. The bank has released an official notification inviting applications to fill 291 vacancies across Generalist and Specialist Officer positions. With attractive salary structures exceeding Rs 1 lakh per month for senior scales and comprehensive career growth prospects, eligible candidates can now submit their applications online before the final deadline on September 15, 2026.

Essential Eligibility Criteria and Age Limits

The recruitment drive caters to diverse professional qualifications, with age criteria structured dynamically depending on the specific post applied for. Minimum age limits range from 22, 23, 25, to 28 years, while maximum age thresholds are capped between 32, 33, 35, 38, and 45 years depending on the cadre. In accordance with government regulations, category-based age relaxations apply: Scheduled Caste (SC) and Scheduled Tribe (ST) candidates receive a 5-year relaxation, Other Backward Classes (OBC) candidates are granted a 3-year relaxation, and candidates with benchmark disabilities benefit from a 10-year age concession. Applicants must hold a recognized graduate or postgraduate degree matching the specific requirements outlined in the official notification.

Lucrative Salary Structures Across Officer Scales

Selected candidates will receive compensation packages aligned with industry standards, mapped directly to their assigned officer grade:

  • JMGS I Scale: Rs 48,480 to Rs 85,290 per month.

  • MMGS II Scale: Rs 64,820 to Rs 93,960 per month.

  • MMGS III Scale: Rs 85,920 to Rs 1,05,280 per month.

Comprehensive Examination Pattern and Marking Scheme

The selection process includes a rigorous written examination designed to evaluate professional and general aptitude. The test comprises 100 multiple-choice questions carrying a total of 100 marks, with a total time duration of two hours. Candidates must note the negative marking scheme, where one-fourth (0.25) of a mark will be deducted for every incorrect answer.

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Application Fee Structure and Registration Details

Application fees vary according to the applicant's social category:

  • SC / ST / Divyang Candidates: Rs 175

  • General / OBC / EWS Candidates: Rs 1,000

Aspirants are advised to review the official IOB notification thoroughly to verify their precise eligibility, educational qualifications, and document requirements before completing their online registration.

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