What stipend will IOB apprentices receive?

Stipend depends on branch category: ₹15,500 per month for Metro branches, ₹14,500 for Urban branches, and ₹14,000 for Semi-Urban/Rural branches, inclusive of any Government of India subsidy.

What is the last date to apply?

The online application window on NAPS and NATS is open from 07.07.2026 to 20.07.2026. Application fee payment on BEEP is accepted from 07.07.2026 to 27.07.2026.

What is the age limit for applying?

Candidates must be between 20 and 28 years as on 01.07.2026 for General and EWS categories. Age relaxation of 5 years is available for SC/ST, 3 years for OBC (Non-Creamy Layer), and 10 years for PwBD candidates.

Is prior work experience allowed?

No. Candidates who have had job or training experience of one year or more after completing graduation are not eligible to apply.

Is the application fee refundable?

No. Application/examination fee/intimation charges once paid are non-refundable and cannot be adjusted against any other engagement process.

Are ex-servicemen eligible to apply?

No. Ex-servicemen or disabled ex-servicemen are not eligible for engagement as apprentices, and there is no reservation for this category in this process.

Apprenticeship 2026-27 · Applications Open

750 Apprentice Vacancies Across India

Start your banking career with Indian Overseas Bank — earn while you learn.

Q: Will apprentices get permanent employment after completion?

No. Apprentices are not treated as employees of the Bank and the Bank has no obligation to offer regular employment during or after the apprenticeship period.

Train inside real IOB branches, earn a stipend of ₹14,000 – ₹15,500 per month (branch-category dependent), and gain hands-on banking experience through a structured 12-month apprenticeship under the Apprentices Act, 1961.

⏰

Online application closes 20 July 2026 (fee payment till 28 July 2026). Online exam tentatively on 02 August 2026. Apply without delay.

₹14,000–15,500

Monthly stipend

750

Total vacancies

12 Months

Duration

Graduate

Eligibility

Apply via BEEP portal View program details

Govt of India undertaking

Apprentices Act 1961

HQ Chennai · Pan-India presence

★ Monthly stipend

₹14,000–15,500

per month · varies by branch category

On-the-job training at IOB branches

Open to graduates of any discipline

750 positions across states/UTs

Key Dates

Apply Opens

07 Jul 2026

Last Date

27 Jul 2026

Fee Payment Till

28 Jul 2026

Online Exam

02 Aug 2026

What you'll gain

Skills the BFSI sector actually values

Practical skills that transfer across banks, NBFCs, insurance companies, and FinTech — not just Indian Overseas Bank.

Retail banking operations

Hands-on training at a real IOB branch alongside clerical staff, following the Bank's on-the-job training structure.

Core banking & digital tools

Exposure to core banking systems and digital banking tools that everyday branch operations depend on.

Customer service excellence

Direct customer interaction — communication and relationship-handling skills banks value highly.

Financial products knowledge

Understand the Bank's product suite — deposits, loans, and services — from the inside.

Branch & compliance processes

Daily branch processes and conduct governed by the Bank's Service and Conduct Rules during training.

Professional workplace readiness

Adherence to the Bank's Code of Ethics, Business Conduct, and Conflict of Interest Policy from day one.

Selection — Online Examination

Exam pattern & subject breakdown

100 objective-type questions, 90 minutes. Know exactly what to prepare.

Subject Marks

General / Financial Awareness 25

General English 25

Quantitative & Reasoning Aptitude 25

Computer / Subject Knowledge 25

Total 100

100

Total questions & marks

90 min

Exam duration

5% relaxation in qualifying % for SC/ST/OBC/PwBD

Exam is taken remotely using your own camera-enabled desktop/laptop/tablet/smartphone, with your uploaded ID displayed on camera. Tentatively scheduled for 02 August 2026.

Stipend

Monthly stipend by branch category

Paid for the full 12-month contract period, credited monthly after adjusting for unauthorised leave.

Branch Category	Stipend per Month
Metro	₹15,500
Urban	₹14,500
Semi-Urban / Rural	₹14,000

Note: Amounts include any Government of India subsidy. For NATS-registered candidates, the Government's share (₹6,150) is credited directly via DBT, with the balance paid by the Bank.

Application Fee

Category-wise application / examination fee

Fees are inclusive of GST and are non-refundable under any circumstances, payable online on BEEP from 07 July to 27 July 2026.

Category	Fee (incl. GST)
SC / ST / PwBD	₹236
GEN / OBC / EWS (Female)	₹708
GEN / OBC / EWS (Male)	₹944

Note: Application, examination and intimation fees once paid are non-refundable under any circumstances and cannot be adjusted against any other engagement process.

Reservation Structure

Category-wise vacancy reservation (750 total)

Reservation follows Government of India norms; the above vacancies include backlog and are provisional.

Category	Full Name	Vacancies	Age Relaxation
GEN	General / Unreserved	232	None
OBC	Other Backward Classes (Non-Creamy Layer)	247	+3 years
SC	Scheduled Caste	176	+5 years
ST	Scheduled Tribe	63	+5 years
EWS	Economically Weaker Section	32	None (Gen limit applies)
PwBD	HI 19 · OC 16 · VI 17 · ID 16 (1% each, horizontal)	68	+10 years
Total		750

Note: PwBD reservation is horizontal — selected PwBD candidates are placed within their applicable category (SC/ST/OBC/EWS/GEN). Exact state-wise vacancy breakup is in the official notification on the BEEP portal. Number of seats is provisional and may vary as per Bank's requirement.

Who can apply

Eligibility criteria

Nationality: Must be a Citizen of India

Educational Qualification: Degree (Graduation) in any discipline from a recognized University. Result must be declared on or before 31 July 2026

NATS candidates: Graduation result must have been declared between 01 March 2022 and 31 July 2026

Local Language: Proficiency (reading, writing, speaking, understanding) in the local language of the applied state. A Class 10/12 mark sheet showing the language studied may exempt the language test

Prior Apprenticeship: Must not have previously undergone or currently be pursuing apprenticeship at IOB or any other organisation under the Apprentices Act

Work Experience: Candidates with 1 year or more of job/training experience after graduation are not eligible

Ex-Servicemen: Not eligible — no reservation for ex-servicemen/disabled ex-servicemen in this engagement

Age: 20–28 years as on 01.07.2026 (Gen/EWS) · Relaxation:

Selection process

Online written examination

100 objective questions across 4 subjects, 90 minutes, taken remotely with your own camera-enabled device. Tentatively 02 August 2026.

Test of local language

Conducted after qualifying the written exam, as part of document verification. Waived if Class 10/12 mark sheet shows the language was studied.

Document verification / personal interaction

Held at Bank-designated centres across India. Original certificates and self-attested photocopies must be produced.

Medical fitness & character verification

Engagement is subject to being declared medically fit and satisfactory verification of character, antecedents, and caste validity (where applicable).

Apprenticeship begins

12-month on-the-job training at the assigned IOB branch, with monthly stipend as per branch category. A one-year waitlist is maintained against non-joining.

Documents required

Keep these ready at document verification

Originals plus one self-attested photocopy of each are required; incomplete document sets can bar you from the process.

Academic & Identity Documents

Printout of communication for personal interaction / reporting
Consolidated mark sheets & relevant educational certificates
Proof of Date of Birth (Birth Certificate or SSLC/Std. X certificate)
Photo ID proof: Passport / Aadhaar / e-Aadhaar / PAN / Driving Licence / Voter's Card

Registration & Communication

NATS or NAPS Enrolment Number (mandatory for BEEP application)
Printout of email from BFSI SSC with submitted application data
Active personal email ID and contact number, kept live through the process

Category Certificates

SC/ST/OBC/EWS caste certificate issued by competent authority in prescribed format
OBC certificate with explicit Non-Creamy Layer clause, valid as on date of verification
Income & Asset Certificate for EWS, valid for FY 2026-27
Disability certificate from District Medical Board for PwBD category

Other Requirements

Any other document supporting eligibility, as required by the Bank
Self-attested photocopies of all originals — carried to personal interaction
Candidates travel to verification centres at their own expense

Nationwide Opportunities

Vacancies Across States & UTs (top allocations)

Vacancies span every state and UT; candidates can apply for only one, preferably their home State/UT. Figures below are the proposed total per state out of 750.

Tamil Nadu 200

Uttar Pradesh 110

Maharashtra 85

Delhi 53

Bihar 35

West Bengal 35

Kerala 33

Punjab 24

Odisha 22

Gujarat 16

Haryana 16

Rajasthan 16

Madhya Pradesh 12

Pondicherry 12

Andhra Pradesh 15

Chhattisgarh 10

Uttarakhand 8

Jharkhand 8

Karnataka 6

Telangana 6

Why Apply

Why Join Indian Overseas Bank Apprenticeship?

₹14,000–₹15,500 Monthly Stipend

Earn a fixed, branch-category-linked stipend throughout the 12-month apprenticeship.

Public Sector Bank Exposure

Train with a leading public sector bank headquartered in Chennai with presence across India and abroad.

Hands-on Banking Experience

Work closely on branch operations, customer service, and banking products as part of daily training.

Structured, Recognized Training

Apprenticeship under the Apprentices Act, 1961, concluding with a final assessment and Apprenticeship Certificate.

Application Process

How to Apply

Complete registration and payment individually before the deadline; no other mode of application is accepted.

Step 1

Create your account on nats.education.gov.in or apprenticeshipindia.gov.in before applying to IOB.

Step 2

Apply for the IOB Opportunity

On NATS, use "Apply against advertised vacancies"; on NAPS, search "Indian Overseas Bank" and apply.

Step 3

Complete BEEP Registration

Fill the online application on bfsissc.com / beep.bfsissc.com with your NATS/NAPS enrolment number.

Step 4

Choose One State & Pay Fee

Select only one State/UT (preferably home state) and pay the applicable fee online, 07–28 July 2026.

Step 5

Appear for Online Exam

Take the 90-minute online examination tentatively on 02 August 2026, using your own camera-enabled device.

Step 6

Language Test & Verification

Complete the local language assessment (if applicable) and in-person document verification.

Got Questions?

Frequently Asked Questions

Indian Overseas Bank has proposed 750 apprentice vacancies for FY 2026-27, distributed state-wise and category-wise across India (including backlog).

Stipend depends on branch category: ₹15,500/month for Metro, ₹14,500 for Urban, and ₹14,000 for Semi-Urban/Rural branches, inclusive of any Government subsidy.

The online application window on NAPS and NATS closes on 20 July 2026. Fee payment on BEEP is accepted till 28 July 2026.

The online examination is tentatively scheduled for 02 August 2026, taken remotely with the candidate's own front-camera enabled device.

Candidates must be between 20 and 28 years as on 01 July 2026 for General/EWS. Age relaxation: SC/ST +5 years, OBC (Non-Creamy Layer) +3 years, PwBD +10 years.

No. Candidates with one year or more of job/training experience after completing graduation are not eligible.

No. Apprentices are not treated as employees of the Bank, and the Bank has no obligation to offer regular employment during or after the apprenticeship period.

No. Candidates can apply for engagement from only one State/UT, preferably their home state.

No. Application/examination/intimation fees once paid are non-refundable under any circumstances and cannot be adjusted against any other engagement process.

No. Ex-servicemen and disabled ex-servicemen are not eligible, and there is no reservation for this category in this engagement.