Indian Overseas Bank (IOB) has released an official notification (Advt No.: HRDD/APPR/01/2026-27) for the engagement of Apprentices under the Apprentices Act, 1961. This announcement is a significant opportunity for candidates interested in Apprenticeship Recruitment. The bank is offering 750 vacancies across various states and union territories for the financial year 2026-27. Notably, Apprenticeship Recruitment at IOB provides new graduates with a valuable foot in the door to the banking sector.
📅 Important Dates
- Opening Date of Online Application: 07.07.2026.
- Closing Date of Online Application: 20.07.2026.
- Payment of Application Fee: 07.07.2026 to 22.07.2026.
- Online Examination Date (Tentative): 02.08.2026. These dates are essential for anyone planning to participate in the Apprenticeship Recruitment drive.
💼 Vacancy & Stipend Details
- Total Vacancies: 750 seats distributed state-wise (e.g., Tamil Nadu: 200, Uttar Pradesh: 110, Maharashtra: 85). If you are considering Apprenticeship Recruitment, seat allocation by state matters.
- Stipend Structure:
- Metro Branches: Rs. 15,500/- per month.
- Urban Branches: Rs. 14,500/- per month.
- Semi-Urban / Rural Branches: Rs. 14,000/- per month.
- Note: The stipend amounts include a government subsidy of Rs. 6,150/- which will be credited directly to the apprentice’s bank account via DBT.
✅ Eligibility Criteria
- Educational Qualification: Candidates must hold a Graduation Degree in any discipline from a recognized university. Apprenticeship Recruitment criteria require that the degree result must be declared on or before 31.07.2026.
- Age Limit: Candidates must be between 20 and 28 years old as of 01.07.2026. For General and EWS categories, the Date of Birth must fall between 01.07.1998 and 01.07.2006.
- Age Relaxation: Upper age relaxation applies for SC/ST (5 years), OBC Non-Creamy Layer (3 years), and PwBD (10 years).
- Prior Experience: Candidates who have already undergone apprenticeship training or have one year or more of job experience post-graduation are NOT eligible for Apprenticeship Recruitment applications.
📝 Application Fee (Non-Refundable)
- SC/ST/PwBD: Rs. 236/- (Rs. 200 + 18% GST).
- GEN/OBC/EWS (Female): Rs. 708/- (Rs. 600 + 18% GST).
- GEN/OBC/EWS (Male): Rs. 944/- (Rs. 800 + 18% GST). In each fee tier, candidates should review the financial requirements for the Apprenticeship Recruitment process.
🛠️ How to Apply
- Portal Registration: Candidates must first register on the NATS portal (https://nats.education.gov.in) or the NAPS portal (https://www.apprenticeshipindia.gov.in).
- Submit Application: Apply online through the BFSI Sector Skill Council of India (BFSI SSC) website at https://beep.bfsissc.com between 07.07.2026 and 20.07.2026.
- State Selection: Candidates can apply for engagement in only ONE State/UT, preferably their home State/UT. In summary, state selection is an important aspect of Apprenticeship Recruitment since you cannot apply for multiple locations.
🏆 Selection Process
The selection process consists of two main stages. As a result, understanding the steps for Apprenticeship Recruitment can help candidates prepare better for each phase.
- Online Written Test: A 90-minute online objective exam (100 marks) covering General/Financial Awareness, General English, Quantitative/Reasoning Aptitude, and Computer/Subject Knowledge. Candidates can take this test remotely using a camera-enabled device. This computer-based examination is a vital milestone during Apprenticeship Recruitment at IOB.
- Test of Local Language: Candidates must be proficient in reading, writing, speaking, and understanding the local language of the applied state. Candidates who produce a 10th or 12th standard mark sheet evidencing study of the local language are exempt from this test.
- Document Verification: Final selection is subject to satisfactory verification of documents, character, and medical fitness.