Indian Overseas Bank Local Bank Officer (LBO) Recruitment 2026-27

Yes. This is an all-India recruitment with no domicile restriction. Candidates from any state holding a valid graduation degree and meeting the age criteria are eligible. Your posting location will be assigned by IOB and may be anywhere across its branch network in India.

To apply, you need: 10th marksheet and certificate, graduation degree certificate and transcript, passport-size colour photograph (white background, 200×240 pixels typically), signature scan (white background, 400×100 pixels typically), Aadhaar number or other government ID, and if claiming category relaxation (SC/ST/OBC/PwD), the corresponding certificate issued by the appropriate authority. All scans must be in JPG/PDF format, file size within specified limits.

No physical test is mentioned in the recruitment rules for the LBO post. The selection consists of a written examination, interview/group discussion, document verification, and medical examination (to confirm fitness). No physical endurance or running test is required.

The IOB notification does not specify a limit on the number of attempts. Your eligibility is determined by your age at the closing date (24 August 2026). If you do not meet the age limit in 2026-27, you can apply in future IOB recruitments, provided you continue to meet age criteria. Once you turn 40+ (or the stipulated upper age limit for your category), you become ineligible regardless of attempts.

Starting basic pay: ₹48,480. Gross monthly salary (including DA, HRA, and other allowances): approximately ₹60,000–₹65,000. In-hand salary after NPS deduction (~10% of basic) and income tax: approximately ₹50,000–₹52,000 per month. Actual figures vary based on your posting city tier (rural, semi-urban, urban, metropolitan) and personal tax exemptions.

IOB operates on an all-India basis, so your posting can be at any IOB branch across India. You may be asked to provide posting preferences (region or state), but approval is not guaranteed and depends on operational needs. Your first posting is typically assigned within 30–45 days of joining and you may be transferred every 3–4 years thereafter.

Upper age limit for General candidates: 30 years. OBC candidates: age relaxation of 3 years, so upper limit is 33 years. SC/ST candidates: age relaxation of 5 years, so upper limit is 35 years. PwD candidates (across all categories): age relaxation of 10 years — so a General PwD candidate can be up to 40 years; OBC PwD up to 43 years; SC/ST PwD up to 45 years.

No. You must have completed your bachelor's degree and obtained your degree certificate before the application closing date (24 August 2026). A provisional degree certificate or a letter from your college stating you are in the final year is typically not accepted by IOB. Applying without a completed degree will result in rejection during document verification.

Stage 1: Online Written Examination — objective-type test covering General Awareness, English, Quantitative Aptitude, Reasoning, and Banking Awareness (exact pattern in the notification). Negative marking usually applies. Top performers are called to Stage 2. Stage 2: Interview and possibly Group Discussion — conducted by IOB panel to assess communication, banking knowledge, and suitability. Stage 3: Document Verification — bring original certificates and identity proof. Stage 4: Medical Examination — fitness confirmation by IOB medical board. Final merit list is prepared based on written exam scores and interview performance, then appointment is offered.

Application fee: ₹850 for General and OBC candidates; ₹175 for SC/ST candidates; free for PwD candidates. The fee is non-refundable. Payment is made online via net banking, debit card, credit card, or NEFT. Once your payment is successful and your application is submitted, the fee is retained by IOB regardless of selection outcome.

The online portal closes at a specified time on 24 August 2026 (usually 5:30 PM IST). Applications submitted after the deadline will not be accepted. There is no grace period or late submission window. Plan to apply at least 2–3 days before the deadline to avoid technical delays. If you miss it, you will have to wait for the next IOB recruitment cycle.