IOB and SBI Announce Over 7,000 Banking Vacancies: What Graduates Need to Know

Prameyanews English

Published By : Satya Mohapatra | August 10, 2025 2:37 PM

Bank Jobs

Major Hiring Drive Announced

In a significant move for the banking sector, the Indian Overseas Bank (IOB) has opened its application portal for a major recruitment drive, offering 750 vacancies for various positions, including apprentice roles. This announcement provides a substantial opportunity for graduates across the country seeking to build a career in a public sector bank. However, aspiring candidates will need to act swiftly, as the application window is exceptionally brief.

Key Dates and Eligibility

The registration process for the IOB recruitment drive begins today, August 10, and will conclude in just ten days, on August 20. The bank has scheduled the competitive online examination to take place shortly after, on August 24.

Eligibility for these positions is open to graduates holding a degree in any discipline from a recognized university. The age limit for candidates in the general and Economically Weaker Section (EWS) categories is set between 20 and 28 years. This broad eligibility criteria ensures that a wide pool of recent graduates can apply for these coveted positions.

The Selection Process

Candidates will be selected through a multi-stage process designed to assess their aptitude and suitability for a banking career. The first stage is a 90-minute online examination, which will consist of 100 questions for a total of 100 marks. In a notable requirement, applicants must take this test using a device equipped with a camera, such as a desktop, laptop, or smartphone.

Following the online test, the selection process will include a test of proficiency in the local language and a final personal interaction round. The application fee structure is tiered, with a fee of ₹944 for General, OBC, and EWS candidates. The fee is reduced to ₹708 for female and ST candidates, and ₹472 for Persons with Benchmark Disabilities (PwBD).

Broader Banking Opportunities

This recruitment drive by IOB comes at a time when other major public sector banks are also actively hiring. The State Bank of India (SBI) is concurrently running a massive recruitment campaign for 6,589 Junior Associate positions, commonly known as SBI Clerk roles. The application deadline for the SBI Clerk drive is August 26, offering another significant avenue for employment for those interested in the banking sector.

Hiring Highlights

  • Major Recruitment Drive: Indian Overseas Bank (IOB) has announced 750 vacancies for various roles, with the application window open from August 10 to August 20.
  • Tight Timeline: The online examination is scheduled to be held just four days after the application portal closes, on August 24.
  • Broad Eligibility: The positions are open to graduates from any discipline between the ages of 20 and 28 (for the general category).
  • Other Banking Opportunities: The State Bank of India (SBI) is also conducting a large-scale recruitment for over 6,500 Junior Associate (Clerk) positions.

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