The Indian Overseas Bank (IOB) has released the recruitment notification Advt. No. HRDD/RECT/05/2026-27 for the post of General Manager – IBU (IFSC Banking Unit). A total of 1 vacancy is available under this recruitment.
Candidates with Graduation or Post Graduation in any discipline or Chartered Accountant (CA) qualification can apply. Candidates having an MBA/PGDM/PGDBF with specialization in Finance, Banking or International Business, or professional qualifications such as CFA, FRM or PRM, are preferred.
The online application process starts on 19 September 2026, and the last date to submit the application and pay the applicable fee is 5 October 2026.
IOB General Manager Recruitment 2026 – Overview
| Particular | Details |
|---|---|
| Organisation | Indian Overseas Bank |
| Post Name | General Manager – IBU (IFSC Banking Unit) |
| Total Vacancies | 1 |
| Qualification | Graduation/Post Graduation in any discipline or CA |
| Preferred Qualification | MBA/PGDM/PGDBF in Finance/Banking/International Business or CFA/FRM/PRM |
| Job Location | GIFT City, Gujarat |
| Application Mode | Online |
| Opening Date | 19 September 2026 |
| Last Date to Apply | 5 October 2026 |
| Official Website | https://www.iob.bank.in |
IOB General Manager Vacancy Details
General Manager – IBU (IFSC Banking Unit)
| Particular | Details |
|---|---|
| Number of Vacancies | 1 |
| Qualification | Graduation or Post Graduation in any discipline OR Chartered Accountant (CA) |
| Preferred Qualification | MBA/PGDM/PGDBF in Finance/Banking/International Business OR CFA/FRM/PRM |
| Age Limit | Maximum 55 years as on 01 September 2026, including applicable age relaxation |
| Pay Scale | ₹1,56,500 – 4,340/4 – ₹1,73,860 |
| Scale | Scale VII – General Manager Level |
| Approx. CTC | ₹44 lakh per annum |
| Place of Posting | GIFT City, Gujarat |
Eligibility Criteria
Candidates applying for the General Manager – IBU (IFSC Banking Unit) post should meet the educational qualification and experience requirements prescribed by Indian Overseas Bank.
Educational Qualification
Candidates must have:
Graduation or Post Graduation in any discipline; or
Chartered Accountant (CA).
The following qualifications are preferred:
MBA/PGDM/PGDBF with specialization in Finance, Banking or International Business
CFA from CFA Institute, USA
FRM from GARP
PRM from PRMIA
Required Work Experience
Candidates should have 15 years of experience in the Officer Cadre of Public Sector, Private Sector or Foreign Banks.
The experience must include a minimum of:
3 years in any Offshore Banking Unit, Overseas Branch or IFSC Banking Unit.
Candidates currently working as Deputy General Manager should have at least 1 year in the present cadre.
Candidates currently working as Assistant General Manager should have at least 2 years in the present cadre.
Desirable Experience
Experience or exposure in the following areas is desirable:
Forex business
Global Trade Business
International Banking in Indian or Foreign Banks
Age Limit
The maximum age limit is 55 years as on 01 September 2026, including applicable age relaxation as per the recruitment notification.
Salary and Pay Scale
The selected candidate will be appointed in Scale VII – General Manager Level.
Pay Scale: ₹1,56,500 – 4,340/4 – ₹1,73,860
Approximate CTC: ₹44 lakh per annum
Selection Process
The selection process for IOB General Manager Recruitment 2026 may include the following stages:
1. Preliminary Screening
The Bank may conduct preliminary screening of applications to shortlist candidates based on their:
Qualifications
Suitability
Experience
Other eligibility requirements
Meeting the minimum qualification and experience requirements does not automatically guarantee an interview.
2. Personal Interview / Discussion
The final selection will be based on the marks obtained in the Personal Interview/Discussion.
Total marks: 100
Minimum qualifying marks: 50
Minimum qualifying marks for OBC/SC/ST/PwBD candidates: 45
The Bank may modify the selection process depending on the number of applications received.
Tie-Breaking
If more than one candidate obtains the cut-off marks at the common cut-off point, candidates will be ranked according to their age in descending order in the merit list.
Application Fee
| Category | Application Fee |
|---|---|
| SC / ST / PwBD | ₹175/- (Intimation Charges only, inclusive of GST) |
| GEN / EWS / OBC | ₹1,000/- (inclusive of GST) |
Important Dates
| Event | Date |
|---|---|
| Opening Date of Online Registration | 19 September 2026 |
| Last Date for Payment of Application Fee / Intimation Charges | 5 October 2026 |
| Closing Date of Online Registration | 5 October 2026 |
How to Apply for IOB General Manager Recruitment 2026
Eligible candidates can submit their applications online through the Indian Overseas Bank website.
Visit the official IOB website at https://www.iob.bank.in.
Go to the Careers section.
Find the recruitment link for “RECRUITMENT OF GENERAL MANAGER IBU (IFSC Banking Unit)”.
Select the post and click on “Click here to Register Online.”
Complete the registration process.
After successful registration, the Registration Number and Password will be sent through E-mail and SMS.
Upload the photograph and signature according to the specifications mentioned in the notification.
Enter all required details carefully in the online application form.
Click “COMPLETE REGISTRATION” after entering all required information.
Pay the application fee/intimation charges through online mode using Debit Card, Credit Card or Internet Banking.
After successful payment, download or print the generated e-receipt.
Take a printout of the submitted online application form and keep it safely for future reference.
Other Important Information
Place of Posting
The selected candidate will be posted at GIFT City, Gujarat, at the proposed IBU Branch.
Bond
The selected candidate will be required to execute a ₹3 lakh bond to serve the Bank for the stipulated period of 3 years.
The bond will be invoked if the candidate resigns before completion of the bond period.
Probation
The selected candidate will be on probation for 1 year and will be subject to continuous assessment. Confirmation in service will be subject to successful completion of the required assessment.
No Objection Certificate
Candidates working in Government or Quasi-Government offices, PSUs, Nationalised Banks or Financial Institutions must produce the original No Objection Certificate (NOC) from their employer at the time of the Personal Interview.
Travel Reimbursement
Eligible SC/ST/PwBD candidates who are not employed and attend the Personal Interview may be reimbursed the to-and-fro second-class ordinary train fare by the shortest route, subject to production of valid travel documents/evidence.
Nationality
Candidates must satisfy the nationality conditions prescribed in the recruitment notification. Eligible categories include:
Citizen of India
Subject of Nepal
Subject of Bhutan
Tibetan refugee who came to India before 01 January 1962 with the intention of permanently settling in India
A person of Indian origin who migrated from specified countries with the intention of permanently settling in India, subject to the applicable conditions
Jurisdiction
Any dispute arising from the recruitment advertisement will be subject to the jurisdiction of the courts situated at Chennai.
Important Links
| Description | Link |
|---|---|
| Apply Online | Visit the official IOB Careers page |
| Download Official Notification | Available on the official IOB website |
| Official Website | https://www.iob.bank.in |
| Careers Page | https://www.iob.bank.in |
Frequently Asked Questions
What is the post available under IOB General Manager Recruitment 2026?
The recruitment is for General Manager – IBU (IFSC Banking Unit).
How many vacancies are available?
There is 1 vacancy for the General Manager – IBU post.
What is the last date to apply?
The last date for online registration and payment of the applicable fee is 5 October 2026.
What is the maximum age limit?
The maximum age limit is 55 years as on 1 September 2026, including applicable age relaxation.
What is the application mode?
The application process is online through the Indian Overseas Bank official website.
What is the approximate salary package?
The stated approximate CTC is ₹44 lakh per annum, with the post carrying the Scale VII pay scale of ₹1,56,500 – 4,340/4 – ₹1,73,860.
Where is the place of posting?
The proposed place of posting is GIFT City, Gujarat, at the IBU Branch.
Conclusion
The IOB General Manager Recruitment 2026 is for one General Manager position at the IFSC Banking Unit in GIFT City, Gujarat. Eligible candidates should carefully check the educational qualification, banking experience, age requirement and other conditions before submitting the online application. Candidates should also refer to the official Indian Overseas Bank recruitment notification for complete terms and conditions before applying.
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