Selection Process for Indian Overseas Bank PO / Clerk Recruitment 2014
A. IOB PO / Clerk Online / Offline Examination 2014 :
All the candidates who have submitted their complete online application properly in time with a valid Permanent Resident Certificate ( PRC ) will be administrated an Online / Offline Examination which will be Objective in nature. Candidates can download the Call Letter for Examination from the Bank’s website : www.iob.in using the Registration / Roll Number and the password generated and emailed to the candidates on completion of the online registration.
The details of the same are furnished hereunder.
|SI. No.||Name of Tests||No. of Questions||Maximum Marks||Duration|
|1.||Reasoning||20||25||Composite Time of 1 Hours|
|4.||General Awarness (With Special Reference to Banking Industry)||20||20|
The above tests except the Test of English Language will be available bilingually, i.e. English and Hindi
Penalty for Wrong Answers :
There will be penalty for wrong answers marked in the Objective Test. For each question for which a wrong answer has been given by the candidate one fourth or 0.25 of the marks assigned to that question will be deducted as penalty to arrive at corrected score. If a question is left blank, i.e. no answer is marked by the candidate; there will be no penalty for that question.
IOB Bank PO / Clerk Examination Centres :
(i) The examination will be conducted online / offline in venues across many centres in J & K.
(ii) No request for change of centre for Examination shall be entertained.
(iii) Bank reserves the right to cancel any of the Examination Centres and / or add some other Centres, at its discretion, depending upon the response, administrative feasibility, etc.
(iv) As far as possible, candidates will be allotted to a centre of his / her choice. However Bank reserves the right to allot the candidate to any centre other than the one he / she has opted for.
(v) Candidate will appear for the examination at an Examination Centre at his / her own risks and expenses and Bank will not be responsible for any injury or losses etc. of any nature.
Bank will decide the minimum cut – off marks for each test as well as total weightage marks. Depending upon the number of vacancies, only those candidates who rank sufficiently high in the order of merit in Online / Offline Examination, as per the cut – off marks decided by the Bank will be called for the Interview.
Please note that candidates will not be permitted to appear for the Online / Offline Examination without the following documents :
1) Valid Call Letter for the Online / Offline Examination
2) Original and Photocopy of the Permanent Resident Certificate ( PRC )
3) Original and Photocopy of the Photo – identity proof ( as specified in Point 9 – Identity Verification )
Candidates reporting late i.e. after the reporting time specified on the call letter for Examination will not be permitted to take the examination.
The reporting time mentioned on the call letter is prior to the start time of the test. Though the duration of the examination is 1 hour, candidates may be required to be at the venue for about 2 hours including the time required for completion of various formalities such as verification and collection of various requisite documents, logging in, giving of instructions etc.
B. IOB Bank PO / Clerk Interview Interview 2014 :
Depending upon the number of vacancies, only those candidates who rank sufficiently high in the order of merit in Online / Offline Examination, as per the cut – off marks decided by the Bank will be called for the Interview. Mere eligibility / pass in the Online / Offline Examination shall not vest any right in a candidate for being called for Interview. The Interview will carry 50 Marks. Minimum qualifying marks in the Interview will be 22.50 marks for General Category and 20.00 marks for SC / ST / OBC / PC / EXSM Candidates.
IOB Bank PO / Clerk Interview Centers :
The interview will be held at different centres on different dates identified by the Bank across J & K. Interview Centre address, Date and time will be advised in the Interview call letters. The shortlisted candidates may download the Interview call letter from the Bank’s website : www.iob.in using the Registration / Roll Number and the password generated and emailed to the candidates on completion of the online registration.
a) Request for change of Interview centres and Interview dates shall NOT be entertained.
b) Bank reserves the right to change / add / cancel the date, time, centre, venue of the Interview and to call the candidates for the Interview at any other centre or hold supplementary selection process for particular date / time / centre / venue / set of candidates at its discretion, under any circumstances, if any. The change, if any, shall be intimated to the candidates well in advance
c) The candidates will be shortlisted for the 03 months residential training on skill development based on the total marks obtained by the candidates in the Online / Offline Examination & Interview and / or any other methodology as decided by the Bank and will be strictly according to the merit ranking. The candidates belonging to SC / ST / OBC / PC / EXSM will be given relaxation in marks as per extant Government Guidelines. The Bank reserves the right to change the selection procedure, if necessary.
The shortlisted candidates shall be allowed for training only on receipt of appropriate verification of antecedents and necessary clearance from Government Authorities / NSDC. The Training will be imparted with the help of institute identified by the Bank near Jaipur, Rajasthan. On successful completion of the training, the candidates will be awarded a Certificate of training.
5. IOB Selection Process for PO / Clerk Recruitment 2014 :
On successful completion of the training and on receipt of appropriate clearance from Government Authorities / NSDC the candidates will be administrated Online / Offline examination and / or Interview and / or any other selection methodology decided by the Bank for the recruitment to the posts of Probationary Officers and Clerks.
Final Selection for appointment as Probationary Officers and Clerks with the Bank will be made based on the academic performance of the candidates in the 3 months training and / or Online / Offline examination and / or Interview and / or any other selection methodology decided by the Bank. Bank reserves the right to alter the selection process, if required
6.Travel Allowance & Stiepend Paid During the Training :
The candidates selected for the 03 months residential training on skill development and reporting at the training venue will be reimbursed one way second – class train fare by the shortest route for their one time journey from their residence to the training location on production of evidence of travel. The Bank will not be responsible for any injury / losses, etc. of any nature.
Bank will pay an amount of 2500/- per month as Stipend to the candidates during the 03 months Residential training programme.
7. Salary, Probation Period & Other Details after Appointment in the Bank :
On appointment in the Bank, the details of Post – wise eligible Salary & emoluments, Probation Period and the Service Bond to be rendered are detailed hereunder :
|POST||SALARY & EMOLUMENTS||PROBATION PERIOD||SERVICE BOND|
|PROBATIONARY OFFICER IN SCALE I||Pay Scale – 14500 – 600 / 7 – 18700 – 700 / 2 – 20100 – 800 / 7 – 25700 plus DA, HRA, CCA as per rules in force from time to time.||On appointment, candidates will be on probation for a period of two years ( 24 months of active service ) from the date of joining the services of the Bank as per the rules of the Bank||Candidates selected for appointment will be required to execute a Financial Service Bond for rendering service for a minimum period of three ( 3 ) years. The amount of the Financial Service Bond presently is 100000|
|CLERK||Pay Scale 7200 – 19300 plus DA, HRA, etc. will be paid as per Bank’s rules in force from time to time depending upon the place of posting.||On appointment, candidates will be on probation for a period of Six months ( 6 months of active service ) from the date of joining the services of the Bank as per the rules of the Bank|
On successful completion of the Probation period, and if found suitable, they will be confirmed in the services of the Bank.
IOB Important General Instructions :
a) Candidates are required to apply only ‘ONLINE’ through Bank’s website : www.iob.in. The link for online application can also be accessed through NSDC Udaan Website www.nsdcudaan.com. Any other form of application shall NOT be entertained / accepted.
b) Candidates willing to serve anywhere in India only should apply for the post of Probationary Officers.
c) Candidates have to read the eligibility criteria and terms & conditions stipulated for each post carefully and should ensure their eligibility for the post. A candidate can apply for only one post and not more than one application should be submitted by any candidate. In case of multiple applications for the same post, only the latest valid ( completed ) application will be retained.
d) Only those candidates who rank sufficiently high in the order of merit in Online / Offline Examination, as per the cut – off marks decided by the Bank will be called for the Interview without verification of their age or qualification or category or any other eligibility criteria with relevance to documents and will be purely on provisional basis, on the strength of the information provided by them in the online application.
Before applying, the candidates must ensure that he / she fulfills all the eligibility criteria and other norms mentioned in the advertisement and has in his / her possession the requisite documents and certificates specified by the Bank, and that the particulars furnished in the online application are true and correct in all respects.
Mere calling of candidates / admission for the Online / Offline Examination / Interview / any other selection methodology or Training shall not imply that the Bank is satisfied beyond doubt about the candidate’s eligibility and shall not vest any right in a candidate for selection. Bank has the right to cancel candidature at any stage of the training / recruitment process, if found that he / she is not fulfilling the eligibility criteria and / or that he / she has furnished any incorrect / false information / certificate / documents or has suppressed any material fact ( s ).
If any of these shortcomings are detected even after appointment his / her services are liable to be terminated. The Bank is free to reject any application, at any stage of the training / recruitment process, if the candidate is found ineligible for the post. The decision of the Bank in any matter relating to selection process for training, recruitment and training programme at all the stages of the process will be final and binding upon the candidate. No correspondence or personal queries in this regard shall be entertained by the Bank.
e) All candidates called for Interview, will have to produce originals as well as attested photocopies of the prescribed certificates in support of their educational qualification, experience, date of birth, caste, resident of J & K etc. The candidates belonging to SC / ST / OBC / PC Category are required to produce originals as well as attested photocopies of their caste certificate / certificate of disability issued by the competent authority, in addition to the other certificates in support of their eligibility criteria.
The list of documents to be produced at the time of Interview is enclosed as Annexure I. Candidates are also required to submit a printout of the online application with their photograph and signature affixed at the appropriate places at the time of interview.
f) In case of candidates belonging to OBC category, the certificate inter-alia must specify that the candidate does not belong to “CREAMY LAYER” section excluded from the benefits of reservation for OBCs in Civil Post and Services under Government of India. The OBC certificate containing “Non Creamy Layer Clause” should not be more than one year old as on the date of Interview.
g) Candidates belonging to OBC category but coming under Creamy Layer are not entitled for OBC reservation. They should indicate their category as General in the online application form.
h) An Ex – serviceman candidate has to produce a copy of the discharge certificate / pension payment order and documentary proof of rank last / presently held ( substantive as well as acting ) at the time of Interview. Those who are still in defence service should submit a certificate from a competent authority that they will be relieved from Defence Services within 12 months from the date prescribed for closing of online registration.
i) Candidates belonging to reserved category, including Physically Challenged category, for which no reservation has been announced, are free to apply for vacancies announced for General category, provided they fulfill all the eligibility criteria.
j) Candidates who do not satisfy the eligibility criteria and who do not produce ( for any reason ) the originals as well as attested photocopies of all documents required to be submitted as advised in this notification, Examination Call Letter, Interview call letter or Training Call Letter, whomsoever, shall not be permitted to attend the Online / Offline Examination / Interview / Training, even though they might have obtained the desired level of score in the Online / Offline Examination & Interview and have been called for Training.
k) The candidates will have to appear for interview at their own expense. However, outstation eligible SC / ST / PC candidates who are not employed and attending the interview will be reimbursed to and fro second – class ordinary train / bus fare by the shortest route on production of evidence of travel ( as per extant Govt. Guidelines ).The Bank will not be responsible for any injury / losses, etc. of any nature.
l) Canvassing in any form will be a disqualification
m) Any request for change of address / e – mail id for communication will NOT be entertained.
n) Appointment of selected candidates is subject to their being declared medically fit as per the requirements of the Bank. Such appointment will also be subject to the Service and Conduct Rules of the Bank.
o) Use of Calculators, mobile phones, pagers or any other instruments during the selection process is strictly prohibited.
p) In case of any dispute on account of interpretation in any version other than English, the English version shall prevail.
q) Any dispute arising out of this advertisement shall be subject to the sole jurisdiction of courts situated at Chennai.
r) The Bank, may at its discretion, hold re – examination, wherever necessary, in respect of a center / venue.
s) Applications received from the same candidate for both the post will be treated as ineligible and will not be considered for final selection.