Indian Bank Specialist Officers Recruitment 2020: Check Official Notification & Apply Online

Indian Bank SO 2020: Indian Bank has released the official notification for the recruitment of Specialist Officers in various disciplines like Credit, Security, Forex, Legal, Risk Management etc.

The total number of vacancies is 138 in Scale-I, Scale-II & Scale-III. Eligible candidates can check Indian Bank SO 2020 exam dates,  Vacancies, Eligibility Criteria, Application Fee, Exam Pattern, Salary etc.

Indian Bank SO 2020: Apply Online

IBPS Bank SO 2020: Exam Dates

Commencement of Online registration – 22nd January 2020
Last Date to Apply Online – 10th February 2020
Download of call letters for online examination – 20th February 2020 onwards
Date of Online Examination – 8th March 2020

IBPS Bank SO 2020: Posts & Vacancies

There are 85 vacancies for Scale I Officer, 52 vacancies for Scale II Officer & 1 vacancy for Scale III Officer. The complete vacancy-wise division has been given below.

Post Name Post Vacancy
Assistant Manager Credit I 85
Manager Credit II 15
Manager Security II 15
Manager Forex II 10
Manager Legal II 2
Manager Dealer II 5
Manager Risk Management II 5
Senior Manager Risk
Management
III 1

NOTE: A candidate can apply for only one post and not more than one application should be submitted by any candidate.

IBPS Bank SO 2020: Eligibility Criteria

The basic Eligibility Criteria in the form of Age, Educational Qualification & Work Experience (1st July 2019) for IBPS Bank SO 2020 is as follows:

Post Code Post Age Limit Educational Qualification Experience (Post Qualification)
1. Assistant Manager Credit Min: 20
Max: 30
1.Graduate in any discipline and Post
Graduate (2 years duration) in any of the
following:
a.Business
b.Management
c.Finance
d.Banking
from a University / Institution /Board
recognised by Government of India /
Government regulatory bodies.OR2.CA/ICWA/CFA from a University /
Institution / Board recognised by
Government of India / Government
regulatory bodies wherever applicable.
NIL
2. Manager Credit Min: 25
Max: 35
Graduate in any discipline and Post
Graduate (2 years duration) in any of the
following:
a.Business
b.Management
c.Finance
d.Banking
from a University / Institution /Board
recognised by Government of India /
Government regulatory bodies.OR2.CA/ICWA/CFA from a University /
Institution / Board recognised by
Government of India / Government
regulatory bodies wherever applicable.
Minimum 1 year of
experience in credit in
Public / Private /
Foreign Banks.
3. Manager Security Min: 25
Max: 35
Graduate in any discipline from any
University recognized by Govt of India.
5 years (either by way
of pre or post
qualification
experience) as a
Commissioned Officer
in the Indian
Army/Navy/Air Force
OR Police Officer not
below the rank of
Deputy Superintendent
of Police OR Assistant
Commandant or
equivalent Rank in
Paramilitary Forces
4. Manager Forex Min: 25
Max: 35
1.Graduate in any discipline and Post
Graduate (2 years duration) in any of
the following:
a.Business
b.Management
c.Finance
d.Banking
from a University / Institution /Board
recognised by Government of India /
Government regulatory bodies.OR2.CA / ICWA / CFA from a University /
Institution / Board recognised by
Government of India / Government
regulatory bodies wherever applicable.
Minimum 3 years of
experience with Public /
Private / Foreign Banks
in dealing in interbank
and cross currency
deals / handling trade
finance portfolio.
5. Manager Legal Min: 25
Max: 35
A Bachelor Degree in Law (LLB) and
enrolled as an advocate with Bar Council.
Enrolled as Advocate
with Bar council and
having 3 years of
experience as
practicing advocate at
Bar.ORMinimum of 3 years
experience as Legal
Officer in Public /
Private / Foreign
Banks.
6. Manager Dealer Min: 25
Max: 35
1.Graduate in any discipline and Post
Graduate (2 years duration) in any of
the following:
a.Business
b.Management
c.Finance
d.Banking
from a University / Institution /Board
recognised by Government of India /
Government regulatory bodies.OR2.CA / ICWA / CFA from a University /
Institution / Board recognised by
Government of India / Government
regulatory bodies wherever applicable.
Minimum 3 years of
experience in Public /
Private / Foreign Banks
in dealing in G Sec,
Money Market, Equity,
SLR and Non SLR.
7. Manager Risk Management Min: 25
Max: 35
1.Graduate in any discipline and Post
Graduate (2 years duration) in any of
the following:
a.Business
b.Management
c.Finance
d.Banking
e.Statistics
f.Econometrics
Minimum 1 year
Experience in Credit at
Public / Private /Foreign Banks
8. Senior Manager Risk Management Min: 25
Max: 35
1.Graduate in any discipline and Post
Graduate (2 years duration) in any of
the following:
a.Business
b.Management
c.Finance
d.Banking
e.Statistics
f.Econometrics
g.Economics
h.Risk Management
i.Mathematics
from a University / Institution / Board
recognised by Government of India /
Government regulatory bodiesOR2. Graduate in any discipline and FRM
from GARP.
Minimum 3 years of
Experience in Public /
Private / Foreign Banks
of which 2 years
experience in Risk
Management
Department

IBPS Bank SO 2020: Selection Procedure

The selection process for Manager Security will comprise of shortlisting of applications followed by interview. For other posts, the selection process will comprise of an online test and personal interview.

The Structure of online exam is as follows:

For Manager Legal:

Sr. No. Name of tests No. of Questions Max. Marks Duration
1. English Knowledge 50 50 Composite Time of 2 hrs
2. General Awareness with special reference to Banking Industry 50 25
3. Reasoning 50 50
4. Professional Knowledge 50 75
200 200

For Scale III Post:

Sr. No. Name of tests No. of Questions Max. Marks Duration
1. Professional Knowledge 60 100 1 hr.

For The Remaining Posts:

Sr. No. Name of tests No. of Questions Max. Marks Duration
1. English Knowledge 50 50 Composite Time of 2 hrs
2. Quantitative Aptitude 50 25
3. Reasoning 50 50
4. Professional Knowledge 50 75
200 200

The minimum qualifying mark in Test is 40 % for candidates belonging to unreserved / EWS category and 35% for candidates belonging to SC/ST/OBC/PWD categories.

IBPS Bank SO 2020: Application Fee

  •  Rs. 100/- + GST for SC/ST/PWBD candidates.
  • Rs. 600 /- + GST for all others.

IBPS Bank SO 2020: Pay Scale

Scale I – 23700 980 30560 1145 32850 1310 42020 727
Scale II – 31705 1145 32850 1310 45950 110
Scale III – 42020 1310 48570 1460 51490



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