On October 24, 2024, Union Bank of India released the notification for Union Bank Local Bank Officer Recruitment 2024, offering 1,500 vacancies for the position of Local Bank Officer (LBO) across 10 states in India. Candidates with a regular degree can apply for this opportunity to secure a banking job in their preferred state or any other state where they are prepared to work. Interested and eligible candidates can submit their applications online from October 24, 2024, to November 13, 2024, through the official website at unionbankofindia.co.in.
Table of Contents:-
Overview of Union Bank Local Bank Officer Recruitment 2024
This recruitment notification brings exciting news for graduates eager to join the banking sector or continue their career journey, especially with Union Bank of India. With 1,500 vacancies available, this is a fantastic opportunity for many. The table below provides all the essential details for the Local Bank Officer recruitment, making it easy for you to understand the key points. Go through it carefully, and don’t miss the chance to apply!
| Overview | |
|---|---|
| Conducting Body | Union Bank of India |
| Exam Name | Recruitment of Local Bank Officer 2025-26 |
| Post Name | Local Bank Officer |
| Vacancies | 1500 |
| Educational Qualification | Degree (Fulltime/Regular) |
| Category | Bank Jobs |
| Salary | Rs. 48,480/- to 85,920/- |
| Application Mode | Online |
| Notification Date | 24-10-2024 |
| Apply Online Start Date | 24-10-2024 |
| Apply Online Last Date | 13-11-2024 |
| Selection Process | Written Exam/ Group Discussion/Screening, Personal Interview, and Language Proficiency Test (LPT) |
| Mode of Exam | Online |
| Exam Language | English, Hindi |
| Questions Type | Objective (MCQs) |
| Apply Link | Click Here |
| Notification (PDF) | Click Here |
| Official Website | Click Here |
Vacancy Information
In the Union Bank Local Bank Officer 2025-26 recruitment notification, the first page highlights 1,500 vacancies with clear state-wise details. We’ve provided a complete breakdown of vacancies by state in the table below, so you can check openings in your state and apply with confidence!
| State | Vacancies |
|---|---|
| Andhra Pradesh | 200 |
| Assam | 50 |
| Gujarat | 200 |
| Karnataka | 300 |
| Kerala | 100 |
| Maharashtra | 50 |
| Odisha | 100 |
| Tamil Nadu | 200 |
| Telangana | 200 |
| West Bengal | 100 |
| Total | 1500 |
What is the responsibility of Local Bank Officers?
A Local Bank Officer (LBO) is a position within a bank that involves handling various banking operations at a local level. These officers are typically responsible for customer service, account management, loan processing, and other related tasks. The specific duties of an LBO can vary depending on the bank and the branch where they are assigned. However, some common responsibilities include:
- Customer Service: Interacting with customers, answering their queries, and resolving their issues.
- Account Management: Opening and closing accounts, processing transactions, and maintaining accurate records.
- Loan Processing: Handling loan applications, verifying documents, and processing loan disbursals.
- Sales and Marketing: Promoting the bank’s products and services to potential customers.
- Compliance: Adhering to regulatory guidelines and internal policies.
Salary Details
The basic pay scale for the Local Bank Officer position starts at INR 48,480 and follows a structured progression over a 16-year period, allowing officers to see substantial growth in their earnings. The pay scale is detailed as INR 48,480 – 2000/7 – 62,480 – 2340/2 – 67,160 – 2680/7 – 85,920, meaning officers receive an increment of INR 2,000 for the first seven years, then INR 2,340 for the following two years, and finally INR 2,680 for the last seven years. This incremental structure ensures that the officers’ compensation increases steadily with their tenure, aligning with their growing experience and responsibilities within the bank.
In addition to the basic pay, Local Bank Officers are eligible for various allowances and benefits as per the bank’s policies. These include Special Allowance, Dearness Allowance, and other allowances that enhance the officer’s overall remuneration. Officers can also access amenities like residential quarters or lease rent in lieu of quarters, Leave Fare Concession (LFC), and reimbursement for medical and hospitalization expenses.
Additional perquisites are provided as per the bank’s policy, which aims to ensure a supportive work environment and a good work-life balance for its officers. This comprehensive package of pay and benefits not only assures financial security but also offers significant lifestyle benefits, making the Local Bank Officer role a well-rounded and attractive career option.
| Name of Post & Scale | Basic Pay Scale |
|---|---|
| Local Bank Officer – JMGS-I | 48480-2000/7-62480-2340/2-67160-2680/7-85920 |
Educational Qualifications
Candidates applying for this position must have completed a full-time, regular Bachelor’s Degree in any discipline. Additionally, they must hold a valid mark-sheet or degree certificate confirming their graduation status on the date of registration. Candidates are required to specify the percentage of marks obtained in their graduation during the online registration process.
| Post | Educational Qualification |
|---|---|
| Local Bank Officer | Fulltime/Regular Bachelor’s Degree |
Age Criteria
Applicants for this recruitment must be aware of the age criteria to ensure their eligibility. Failure to meet the specified age requirements will result in application rejection. Candidates must be between the ages of 20 and 30 years as of October 1, 2024. Additionally, there is relaxation in the upper age limit for specific categories as per bank regulations, providing flexibility for eligible candidates.
| Age Limit (as on 01-10-2024) |
Min | Max |
|---|---|---|
| 20 Years | 30 Years |
Fee Structure
The application fees for the recruitment process are categorized based on the applicant’s category. For candidates belonging to the General, EWS, or OBC categories, the non-refundable application fee is Rs. 850 (inclusive of GST). In contrast, applicants from the SC, ST, or PwBD categories are required to pay a reduced fee of Rs. 175 (inclusive of GST). These fees are crucial for processing the applications and must be paid as part of the registration process.
| Category | Application Fee |
|---|---|
| GEN/EWS/OBC | ₹850/- |
| SC/ST/PwBD Candidates | ₹175/- |
Selection Process
The selection process for this recruitment will involve various stages, which may include an Online Examination, Group Discussion (if applicable), screening of applications, and/or a Personal Interview. The exact methods used will depend on the number of applicants and eligible candidates. It’s important to note that the bank has the discretion to decide which of these selection methods will be employed for the notified positions, ensuring that they choose the best approach for evaluating candidates.
Here are the stages involved in the selection process:
- Online Examination/ Group Discussion/ screening of applications
- Language Proficiency Test (LPT)
- Personal Interview
Structure of the Examination:
For the Online Examination, there is a penalty for incorrect answers. If a candidate marks a wrong answer, 0.25 marks will be deducted for each incorrect response to calculate the corrected score. However, there is no penalty for questions left unanswered. The examination will be conducted in Hindi and English only. To qualify for the interview, candidates must achieve a minimum score in each test and a total score that meets the cut-off criteria, which will vary based on the number of available vacancies. Scores from the Online Examination will not be disclosed to candidates until after the interview process is completed.
Language Proficiency Test (LPT):
Candidates must demonstrate proficiency in reading, writing, and speaking the local language of the state they are applying for. Those who are shortlisted after the Online Examination will need to pass a Language Proficiency Test; failure to do so will prevent them from attending the Personal Interview, and their application will not be considered further. However, candidates who provide a 10th or 12th standard mark sheet or certificate showing that they studied the specified local language as one of their subjects will be exempt from this test.
Personal Interview:
The Personal Interview (PI) process will involve preparing a merit list of candidates based on their scores from the Online Examination, organized in descending order for each category (SC/ST/OBC/EWS/General). Candidates who achieve the minimum qualifying marks in the Online Examination and rank high enough in merit will be invited for the Personal Interview. It’s important to note that simply passing the online test does not guarantee an invitation for the interview.
In the case of ties, where multiple candidates have the same score, the merit will be determined by the Date of Birth, with older candidates ranked higher. Candidates will be called for interviews at a ratio of 1:3 relative to the number of vacancies, although the bank reserves the right to adjust this ratio at its discretion.
The total marks allocated for the Interview are 100, with a minimum qualifying score of 40% (or 35% for SC/ST/OBC/PWBD candidates) required to pass. Candidates who do not meet the minimum qualifying marks in the Personal Interview will be disqualified from further selection. Scores from candidates who fail to achieve the minimum qualifying marks or are otherwise barred from the interview process will not be disclosed.
The weightage of the Online Examination and the Interview is set at a ratio of 80:20, respectively. The final combined score for candidates will be calculated based on their performance in both the Online Examination and the Interview.
Conclusion:
All the information regarding this recruitment has been provided above, so please read it carefully one or two times to ensure your eligibility before applying. Candidates who successfully navigate all stages of the selection process and are appointed as Local Bank Officers will be on probation for a period of two years from their joining date.
Additionally, selected candidates will be required to sign a Service Indemnity Bond, committing to serve the bank for a minimum of three years. Should they choose to leave the bank before completing this period, they will need to pay the bank a sum of Rs. 2,00,000 (Two Lakhs only) plus any applicable taxes as per government regulations.
