Indian Bank Specialist Officer (SO) Recruitment 2024: Notification, Vacancies, and Important Dates

Ananya Shroff
12 Min Read


Indian Bank has recently announced the Specialist Officer (SO) Recruitment 2024, unveiling a total of 145 vacancies across various scales – I, II, III, and IV. This article provides comprehensive details about the recruitment process, eligibility criteria, and important dates. Aspirants interested in the Indian Bank Specialist Officer positions can apply online from 12/03/2024 to 01/04/2024.

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Specialist Officer (SO) Recruitment Overview

  • Post Date: 11/03/2024
  • Number of Vacancies: 145

Important Dates for Indian Bank SO Recruitment 2024:

Applications will be accepted exclusively online through the Bank’s official website www.indianbank.in. Candidates are advised to carefully review the online registration dates in the following table before applying. Ensure that you meet the eligibility criteria for the respective Specialist Officer posts, as no other mode of application will be entertained.

Start Date to Submit Application Online: 12/03/2024 Last Date to Submit Application Online: 01/04/2024

Vacancy Details:

The table below outlines the detailed distribution of 145 Specialist Officer Vacancies across different scales.

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Post Code Post Name Scale Vacancy SC ST OBC EWS UR VI HI OC ID
1 Chief Manager – Credit IV 10 1 1 3 1 4 1 0 0 0
2 Senior Manager – Credit III 10 1 1 3 1 4 0 0 1 0
3 Assistant Manager – NR Business Relationship I 30 5 2 8 3 12 0 0 0 1
4 Assistant Manager – Security I 11 1 1 3 1 5 0 0 0 0
5 Chief Manager – MSME Relationship IV 5 1 0 1 1 2 0 0 0 0
6 Senior Manager – MSME Relationship III 10 1 1 3 1 4 0 0 0 0
7 Manager – MSME Relationship II 10* 1* 3* 2 1 3 0 1 0 0
8 Chief Manager – Digital Marketing IV 1 0 0 0 0 1 0 0 0 0
9 Senior Manager – SEO and Website specialist III 1 1 0 0 0 0 0 0 0 0
10 Senior Manager-Social Media specialist III 1 0 0 1 0 0 0 0 0 0
11 Senior Manager – Creatives expert III 1 0 0 0 0 1 0 0 0 0
12 Senior Manager – Forex/Trade Finance III 5 1 0 1 1 2 0 0 0 0
13 Manager – Forex/Trade Finance II 5* 0 2* 1 1 1 0 0 0 0
14 Chief Manager – Treasury Dealer IV 1 0 0 0 0 1 0 0 0 0
15 Manager-Trading/Arbitrage In Currency Futures II 1 0 1 0 0 0 0 0 0 0
16 Manager-Trading In Interbank FXSpot: USD/INR II 1 0 0 0 0 1 0 0 0 0
17 Manager-Trading In Interbank Cross Currency FX-Spot II 1 0 0 0 0 1 0 0 0 0
18 Senior Manager-Trading In Interbank Cross Currency FXSpot III 1 0 0 0 0 1 0 0 0 0
19 Senior Manager-Trading In Interbank FX -Swap III 1 0 0 1 0 0 0 0 0 0
20 Senior ManagerTrading/Arbitrage In FX-Currency Options III 1 0 0 0 0 1 0 0 0 0
21 Senior Manager-Equity Dealer III 1 0 0 0 0 1 0 0 0 0

Post Code Post Name Scale Vacancy SC ST OBC EWS UR VI HI OC ID
22 Senior Manager-OIS Dealer III 1 0 0 0 0 1 0 0 0 0
23 Manager-Equity Dealer II 1 0 0 0 0 1 0 0 0 0
24 Manager-NSLR Dealer II 1 0 0 1 0 0 0 0 0 0
25 Chief Manager – Information Security IV 1 0 0 1 0 0 0 0 0 0
26 Senior Manager – Information Security III 3 0 1 0 1 1 0 0 0 0
27 Manager – Information Security II 3* 0 1* 0 0 2 0 0 0 0
28 Chief Manager – Cloud Infrastructure Specialist IV 2 1 0 0 0 1 0 0 0 0
29 Chief Manager – DBA IV 2 0 0 1 0 1 0 0 0 0
30 Chief Manager – API Development IV 1 0 0 0 0 1 0 0 0 0
31 Senior Manager – Kubernetes Specialist III 2 1 0 0 0 1 0 0 0 0
32 Senior Manager – Weblogic Administrator III 1 0 0 1 0 0 0 0 0 0
33 Senior Manager – API Developer III 2 0 0 0 0 2 0 0 0 0
34 Manager – DBA II 3* 0 1* 0 0 2 0 0 0 0
35 Manager – Network II 1 0 0 1 0 0 0 0 0 0
36 Manager – Information Security II 1 1 0 0 0 0 0 0 0 0
37 Chief Manager – Model Validator: Risk Validator IV 1 0 0 0 0 1 0 0 0 0
38 Senior Manager – IRRBB III 1 0 0 0 0 1 0 0 0 0
39 Senior Manager – Model Developer: Risk modelling III 1 0 0 1 0 0 0 0 0 0
40 Senior Manager – Data Analyst III 1 1 0 0 0 0 0 0 0 0
41 Manager – IRRBB II 1 0 0 0 0 1 0 0 0 0
42 Manager – Climate Risk II 1 1 0 0 0 0 0 0 0 0
43 Chief Manager- IT Risk IV 1 0 0 1 0 0 0 0 0 0

Post Code Post Name Scale Vacancy SC ST OBC EWS UR VI HI OC ID
44 Chief Manager – EFRM Analyst IV 1 0 0 0 0 1 0 0 0 0
45 Senior Manager – IT Risk III 1 0 0 0 0 1 0 0 0 0
46 Senior Manager – EFRM Analyst III 1 0 0 1 0 0 0 0 0 0
47 Manager – IT Risk II 1 0 0 1 0 0 0 0 0 0
48 Manager – EFRM Analyst II 1 0 0 0 0 1 0 0 0 0
49 Manager – FRMC: Advance Fraud Examination II 1* 0 1* 0 0 0 0 0 0

Pay Scale:

Selected candidates for the Indian Bank SO (Specialist Officer) post will receive a salary as per the Government’s schedule. The dearness allowance, HRA, and other allowances will be applicable at the prescribed rates. The salary details are as follows:

  • Scale I: 36000 – 1490/7 – 46430 – 1740/2 – 49910 – 1990/7 – 63840
  • Scale II: 48170 – 1740/1 – 49910 – 1990/10 – 69810
  • Scale III: 63840 – 1990/5 – 73790 – 2220/2 – 78230
  • Scale IV: 76010 – 2220/4 – 84890 – 2500/2 – 89890

Age Limit (As on 01/01/2024):

Candidates must adhere to the specified age limit to be eligible for the posts. The upper age limit is outlined below:

  • Specialization: Specialist Officer
  • Age Limit: 21 to 45 years

Age Relaxation:

Age relaxation is applicable for certain categories:

  • Scheduled Caste/Scheduled Tribe (SC/ST): 5 years
  • Other Backward Classes (OBC Non-Creamy Layer): 3 years
  • Persons with Disabilities (PWD): 10 years
  • Ex-Servicemen (Army personnel): 5 years
  • Widows/Divorced Women: 9 years

Educational Qualification:

Candidates should possess a Graduate Degree / B.E / B.Tech / ICWA / CA / CFA / MBA / PG Degree in a relevant discipline with the required experience.

Selection Process:

The selection process comprises:

  1. Written / Online Exam
  2. Interview

Application Fee:

Applicants are required to pay the fee online. Once paid, the fee/intimation charges will not be refunded. Refer to the table below for detailed fee information.

Category Fee
SC/ST/PWBD 175/- + GST
UR/OBC/Others 1000 /- + GST

Indian Bank SO Recruitment: How to Apply

Follow these simple steps to apply online for the Indian Bank SO 2024 Recruitment:

  1. Visit the Indian Bank website www.indianbank.in.
  2. Navigate to Careers -> Current Openings -> Apply Online.
  3. New users must register using their active email id and mobile number.
  4. Note down the Registration Number and Password generated during registration.
  5. Log in and carefully fill in the application form.
  6. Verify the information before submission.
  7. Upload a scanned copy of your photograph and signature in the prescribed format.
  8. Click SUBMIT.
  9. Pay the application fee through online mode only.
  10. Print the application form for future reference.


Frequently Asked Questions (FAQs):

  1. When is the last date to submit the online application for Indian Bank SO Recruitment 2024?
    • The last date to submit the online application is 01/04/2024.
  2. How many vacancies are available for the Chief Manager – Credit post in Scale IV?
    • There are 10 vacancies for the Chief Manager – Credit post in Scale IV.
  3. What is the age limit for Specialist Officer (SO) applicants?
    • The age limit for Specialist Officer applicants is 21 to 45 years.
  4. Is there any age relaxation for SC/ST candidates in the Indian Bank SO Recruitment?
    • Yes, there is a 5-year age relaxation for SC/ST candidates.
  5. What is the application fee for UR/OBC/Others in Indian Bank SO Recruitment?
    • The application fee for UR/OBC/Others is 1000 /- + GST.

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