Indian Overseas Bank (Indian Overseas Bank Apprentice), a prominent public sector bank, has announced 750 apprentice vacancies for 2025 under the Apprentices Act, 1961. This initiative aims to provide fresh graduates with hands-on banking experience while they train under the guidance of seasoned professionals. Selected candidates will work across various branches nationwide, gaining exposure to core banking operations. The program emphasizes skill development, offering stipends based on branch locations. Applications are open until March 9, 2025, with a structured selection process involving online exams and language tests. This opportunity is ideal for early-career individuals seeking foundational experience in the banking sector.
Eligibility Criteria for IOB Apprenticeship
Candidates must hold a bachelor’s degree from a recognized university to qualify. The age limit ranges from 20 to 28 years as of March 1, 2025, with relaxations for reserved categories: 5 years for SC/ST, 3 years for OBC, and 10 years for PwBD candidates. Academic streams are unrestricted, allowing graduates from any discipline to apply. Proof of educational qualifications and age must be submitted during the application process. Applicants should ensure their eligibility aligns with these criteria to avoid disqualification.
Application Process and Deadlines
Applications must be submitted online via the NATS portal by March 9, 2025. To apply, visit the portal, log in as a student, and navigate to the IOB apprenticeship section. The process involves filling out personal and academic details, uploading documents, and paying fees. General/OBC/EWS candidates pay ₹800 + GST, SC/ST/female applicants ₹600 + GST, and PwBD candidates ₹400 + GST. Late submissions or incomplete forms may be rejected, so applicants should adhere strictly to guidelines.
Selection Process Breakdown
Selection involves two stages: an online examination and a local language test. The exam assesses numerical ability, reasoning, and English proficiency, while the language test evaluates basic communication skills in the state’s official language. Scores from both stages determine final shortlisting. Candidates should prepare rigorously for the online test, focusing on time management and accuracy. Language test preparation should include basic grammar and vocabulary exercises.
Salary Structure and Benefits
Stipends vary by branch location: ₹15,000/month for metro/urban areas, ₹12,000 for rural/semi-urban, and ₹10,000 for semi-urban/rural branches. While apprentices are not considered formal employees, they receive structured training and industry exposure. This program serves as a stepping stone for future banking careers, enhancing employability through practical experience.
State-Wise Vacancy Distribution
| State | Vacancies |
|---|---|
| Andaman and Nicobar Islands | 01 |
| Andhra Pradesh | 25 |
| Arunachal Pradesh | 01 |
| Assam | 04 |
| Bihar | 25 |
| Chandigarh | 04 |
| Chhattisgarh | 16 |
| Daman and Diu | 01 |
| Delhi | 50 |
| Gujarat | 25 |
| Goa | 05 |
| Himachal Pradesh | 01 |
| Haryana | 15 |
| Jammu and Kashmir | 01 |
| Jharkhand | 07 |
| Karnataka | 30 |
| Kerala | 40 |
| Manipur | 01 |
| Meghalaya | 01 |
| Maharashtra | 60 |
| Mizoram | 01 |
| Madhya Pradesh | 10 |
| Nagaland | 01 |
| Odisha | 24 |
| Punjab | 21 |
| Pondicherry | 22 |
| Rajasthan | 25 |
| Sikkim | 01 |
| Telangana | 31 |
| Tamil Nadu | 175 |
| Tripura | 01 |
| Uttarakhand | 15 |
| Uttar Pradesh | 80 |
| West Bengal | 30 |
Important Dates to Remember
- Online registration opens: March 1, 2025
- Application deadline: March 9, 2025
- Fee payment deadline: March 12, 2025
- Tentative exam date: March 16, 2025
Application Fee Details
| Category | Fee (INR) |
|---|---|
| General/OBC/EWS | 800 + 18% GST |
| SC/ST/Female | 600 + 18% GST |
| PwBD | 400 + 18% GST |
Understanding the Apprentice Role
Apprentices are trainees and not formal employees, meaning they do not receive standard employee benefits. Their primary focus is on learning banking operations, including customer service, account management, and digital banking tools. Training duration and structure may vary by branch, but the goal is to equip participants with transferable skills for future roles.
FAQs on IOB Apprenticeship
What is the last date to apply?
Applications close on March 9, 2025. Late submissions will not be accepted.
Is there an age relaxation for SC/ST candidates?
Yes, SC/ST candidates receive a 5-year age relaxation, extending the upper limit to 33 years.
Can final-year students apply?
No, only candidates with a completed bachelor’s degree are eligible.
What documents are required for the application?
Proof of age, educational certificates, caste/category certificates (if applicable), and a recent photograph.
How is the online exam structured?
The exam includes sections on quantitative aptitude, logical reasoning, and English language, with a duration of 90 minutes.
