Recruitment

Indian Overseas Bank Hiring! 750 Apprentice Vacancies Open – Apply Now!

Dreaming of a career in banking? This is your golden chance! Indian Overseas Bank is offering 750 apprenticeship positions with a stipend of up to ₹15,000/month! No experience required. Exclusive hands-on training. Limited-time opportunity – Apply before March 9, 2025! Don't miss out!

By Anthony Lane
Published on
Indian Overseas Bank Hiring! 750 Apprentice Vacancies Open – Apply Now!

Indian Overseas Bank (IOB) has opened applications for 750 Apprentice vacancies across multiple states in India. This is a golden opportunity for fresh graduates looking to start a career in the banking sector. The application window is open from March 1, 2025, to March 9, 2025—so interested candidates should apply as soon as possible.

With competitive stipends and a structured training program, this apprenticeship will provide valuable experience in the banking industry. If you meet the eligibility criteria, here’s everything you need to know about the recruitment process, eligibility requirements, benefits, career growth opportunities, and how to apply.

Indian Overseas Bank Hiring

FeatureDetails
Bank NameIndian Overseas Bank (IOB)
Post NameApprentice
Total Vacancies750
Application PeriodMarch 1, 2025 – March 9, 2025
Exam DateMarch 16, 2025 (tentative)
Application FeeGeneral/OBC/EWS: ₹944, SC/ST: ₹708, PwBD: ₹472
Age Limit20 to 28 years (Age relaxation as per government norms)
Educational QualificationBachelor’s degree in any discipline
Selection ProcessOnline Exam, Local Language Test, Personal Interaction
StipendMetro: ₹15,000, Urban: ₹12,000, Rural: ₹10,000
Job TypeApprenticeship – 1 Year
Official WebsiteIOB Careers

The IOB Apprentice Recruitment 2025 is a great opportunity for young graduates to gain first-hand experience in banking while earning a stipend. If you are looking to build a career in finance, this is your chance to learn from one of India’s leading banks. Make sure to apply before the deadline and prepare well for the selection process.

Why Apply for the IOB Apprentice Program?

If you’re looking for hands-on experience in banking, this program is an excellent choice. Apprenticeships help bridge the gap between academic knowledge and industry experience. Here are some key reasons to apply:

  • Earn while you learn – Get a monthly stipend during the training period.
  • Banking industry exposure – Work with professionals and gain real-world experience.
  • Enhances your resume – Practical knowledge makes you a strong candidate for future job opportunities.
  • Networking opportunities – Meet industry experts and expand your professional circle.
  • Potential career growth – A well-performing apprentice may get priority consideration for future openings.

Eligibility Criteria

Before applying, make sure you meet the eligibility requirements.

Educational Qualification

  • Candidates must have a Bachelor’s degree in any discipline from a recognized university.
  • Final-year students cannot apply; the degree should be completed before March 1, 2025.

Age Limit

  • Minimum Age: 20 years (as of March 1, 2025)
  • Maximum Age: 28 years
  • Age Relaxation:
    • SC/ST: 5 years
    • OBC (Non-Creamy Layer): 3 years
    • PwBD (Persons with Benchmark Disabilities): 10 years

State-wise Vacancy Breakdown

Some states with notable vacancies include:

  • Uttar Pradesh: 80
  • Tamil Nadu: 75
  • Maharashtra: 65
  • West Bengal: 55
  • Bihar: 50

For a full list of state-wise vacancies, visit IOB Careers.

Step-by-Step Application Process

Applying for the IOB Apprentice Recruitment 2025 is simple. Follow these steps:

Step 1: Visit the Official Website

  • Go to IOB’s Career Page.
  • Click on ‘Engagement of Apprentices under Apprentices Act, 1961’.

Step 2: Register Yourself

  • Click on ‘Apply Online’.
  • Fill in your personal details, email ID, and phone number.
  • Create a password and complete the registration process.

Step 3: Fill Out the Application Form

  • Log in using your registration credentials.
  • Enter your academic qualifications and work experience (if any).
  • Choose your preferred state for apprenticeship.

Step 4: Upload Documents

You will need to upload:

  • Passport-size photograph (Recent, color, white background)
  • Signature (Black ink, scanned copy)
  • Education certificates (Degree completion proof)
  • Caste certificate (If applicable)

Step 5: Pay the Application Fee

  • Payment is online through debit/credit cards, UPI, or net banking.
  • Ensure successful transaction before proceeding.

Step 6: Submit the Application

  • Double-check all details.
  • Click ‘Submit’ and download a copy for reference.

Selection Process

The selection process consists of:

  1. Online Examination
    • General Knowledge & Current Affairs
    • Reasoning Ability & Numerical Aptitude
    • Banking Awareness
    • English Language
  2. Local Language Test (To ensure candidates understand the language of the state they applied for)
  3. Personal Interaction (if required)

Salary & Stipend Details

Indian Overseas Bank offers a competitive stipend during the apprenticeship:

  • Metro Cities: ₹15,000 per month
  • Urban Areas: ₹12,000 per month
  • Semi-Urban & Rural Areas: ₹10,000 per month

There are no additional benefits like PF, gratuity, or allowances since this is a training program.

Career Growth & Future Opportunities

Although this apprenticeship does not guarantee a permanent job, it significantly increases your chances of getting recruited in the banking sector. Possible career opportunities include:

  • Bank PO & Clerk positions – Experience in IOB can help with future banking exams.
  • Private sector banking jobs – Many banks prefer experienced candidates.
  • Financial and fintech companies – The experience will be useful in related industries.

FAQs On Indian Overseas Bank Hiring

1. Who can apply for the IOB Apprentice Recruitment 2025?

Graduates with a Bachelor’s degree (in any field) and aged between 20 to 28 years can apply.

2. Is there an exam for selection?

Yes, candidates must clear an online exam and a local language test.

3. What is the last date to apply?

March 9, 2025 is the last date to submit the online application.

4. Can final-year students apply?

No, only those who have completed their degree can apply.

5. Will this apprenticeship lead to a permanent job?

There is no guarantee of a permanent position, but it significantly improves job prospects in the banking sector.

Author
Anthony Lane
I’m a finance news writer for UPExcisePortal.in, passionate about simplifying complex economic trends, market updates, and investment strategies for readers. My goal is to provide clear and actionable insights that help you stay informed and make smarter financial decisions. Thank you for reading, and I hope you find my articles valuable!

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