IOB Recruitment 2021: Indian Overseas Recruitment 2021 Notification Out!!! Details regarding the IOB Notification, Vacancy, Eligibility Criteria, Selection Process, Application Form are given here below for your reference. Interested candidates shall refer to the official notification to know the prescribed eligibility criteria and recruitment process.
Indian Overseas Bank has released the notification for the engagement of the Compliance Officer for the compliance function. A total of 15 vacancies were announced. The IOB Recruitment 2021 Application Form is activated currently. Interested candidates shall refer to the official notification to know the prescribed eligibility criteria and recruitment process. The final date to submit 15th May 2021. Eligible candidates should submit the online application on or before the last date. Further details regarding Indian Overseas Bank Recruitment 2021 are given here below for your reference.
IOB Recruitment 2021 – Overview
| Organization Name | Indian Overseas Bank |
| Recruitment Name | IOB Recruitment 2021 |
| Job Role | Compliance Officer |
| Job Location | Various Locations |
| Vacancy | 15 |
| Selection Process | Interview |
IOB Notification 2021: Important Dates
| Event | Date |
| Notification Released | 05th May 2021 |
| Starting Date to Apply Online | 05th May 2021 |
| The Final Date for the Submission | 15th May 2021 |
IOB Vacancy 2021:
| S.No | Location | Vacancy |
| 1 | Central Office. Chennai | 05 |
| 2 | Mumbai Region | 01 |
| 3 | Delhi Region | 01 |
| 4 | Chennai – I Region | 01 |
| 5 | Hyderabad Region | 01 |
| 6 | Chennai – II Region | 01 |
| 7 | Coimbatore Region | 01 |
| 8 | Kolkata – I Region | 01 |
| 9 | NCR Delhi Region | 01 |
| 10 | Bangalore Region | 01 |
| 11 | Lucknow Region | 01 |
| Total | 15 |
IOB Recruitment 2021: Eligibility Criteria
Age Limit & Essential Qualification:
I. The officials should have retired from the Bank in the Scale-IV on or after 31.12.2018 and the Officials should not have completed 63 years of age at the time of application.
II. The staff member should have retired (including VRS) in the normal course on superannuation and should have not retired under CRS/ any punishment.
III. No case should be pending against the retired staff at the point of application submission or during the period of empanelment.
IV. Should have working knowledge/Skill on MS Word and MS Excel and adaptability to the computer environment.
V. Tenure may be fixed for a period of two years with an annual performance review. The term can be extended for another one year subject to a maximum age limit of 65 years.
VI. For officials to be posted in Central Office, they should reside in Chennai and for officials to be posted in Regional Offices, they should be permanently residing in their place of posting.
IOB Notification 2021: Selection Process
The selection process is based on the interview.
IOB Vacancy 2021: Remuneration Details
The monthly remuneration of Rs. 40000/- (consolidated) will be paid.
I) Travelling:
a) For conducting Compliance Audit at branches (up to 50 KMs from residence: Rs.150 per day
b) For conducting Compliance Audit at branches (above 50 KMs): Maximum of 2nd A/c fare subject to production of bills/booking tickets/Travel Tickets and only two-way fares (once up & once down) during the audit of a branch.
II) Other Allowance:
For conducting Compliance Audit at branches above 50 KMs, a consolidated sum of Rs.1500/- is to be paid per day.
IOB Recruitment 2021: Application Process
Application Mode: Offline
At the heading of the cover please mention
Empanelment of IOB Retired Officers for Compliance Function
Addressed to
The Deputy General Manager
Indian Overseas Bank
Compliance Department
Central Office
5th Floor, Annexe Building
763, Anna Salai
Chennai – 600 002
IOB Notification 2021: Important Dates
Download the Official Notification
How to apply for IOB Recruitment 2021?
- Candidates kindly visit the official site.
- On the home page, there is a link regarding the careers.
- Click on that, you will be getting into the respective page.
- On that find the exact link regarding the recruitment of retired officers for the compliance function.
- Click on that the notification will get opened.
- Refer to the notification to know the prescribed eligibility criteria and selection process.
- Start to download the application form.
- Fill in all the mandatory fields.
- Submit it and send the application form on or before the last date.
