The Indian Overseas Bank (IOB), a leading public sector bank under the Government of India, has issued an official notification inviting applications for 750 Apprentice positions across its branches in the country. This recruitment drive offers fresh graduates an opportunity to gain hands-on banking experience while earning a stipend based on their posting location.
Application Timeline
The online application process for IOB Apprentices Recruitment 2025 will be open from 10th August 2025 to 20th August 2025. During this period, candidates can also pay the applicable application fees. The tentative date for the online examination is scheduled for 24th August 2025, giving aspirants a short preparation window.
Vacancy Details
- Post Name: Apprentice
- Total Vacancies: 750
These positions are distributed across various states, enabling candidates from different regions to apply and work in their preferred locations.
Application Fee
- PwBD: ₹400 + 18% GST = ₹472
- Female / SC / ST: ₹600 + 18% GST = ₹708
- GEN / OBC / EWS: ₹800 + 18% GST = ₹944
The fee is non-refundable and must be paid online through the official application portal.
ELIGIBILITY CRITERIA
Age Limit (as per official norms):
- Minimum: 20 years
- Maximum: 28 years
- Age relaxation is applicable for SC, ST, OBC, PwBD, and other eligible categories as per government rules.
Educational Qualification:
- Candidates must possess a graduation degree in any discipline from a recognized university or an equivalent qualification recognized by the Government of India.
Stipend Structure
The stipend for apprentices will vary depending on the category of the posting location:
- Metro Areas: ₹15,000 per month
- Urban Areas: ₹12,000 per month
- Semi-Urban / Rural Areas: ₹10,000 per month
This ensures fair compensation for living costs in different regions.
Selection Process
The selection process will primarily involve an online examination followed by verification of documents. The test will assess candidates’ aptitude, reasoning skills, English language proficiency, and basic banking knowledge.
The IOB Apprenticeship Program is designed to provide graduates with practical exposure to banking operations such as customer service, account management, and loan processing. It serves as a stepping stone for those aspiring to secure permanent roles in the banking sector, offering real-world experience along with structured learning.
Eligible candidates must apply online through the official IOB recruitment portal. They should keep scanned copies of their educational certificates, photograph, and signature ready before starting the application process.
The IOB Apprentices Recruitment 2025 is a valuable opportunity for young graduates to kick-start their banking careers with one of India’s trusted public sector banks. With 750 vacancies, a fair stipend, and exposure to real banking environments, this program is ideal for those aiming to build a strong foundation in the financial sector. Interested applicants should apply before 20th August 2025 and prepare diligently for the upcoming online examination on 24th August 2025.
MORE INFO
| Notification | CLICK HERE |
| Apply | CLICK HERE |
| Official Portal | CLICK HERE |
