Union Bank of India – Local Bank Officer Recruitment 2024

Union Bank of India – Local Bank Officer Recruitment 2024

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Job Title: Local Bank Officer (LBO)

Employer: Union Bank of India (Public Sector Bank)

Location: Across India (State-wise positions available)

Employer Overview

Union Bank of India is one of India’s leading public sector banks, known for its customer-centric approach and strong financial presence in India and overseas. This recruitment drive for Local Bank Officers (LBOs) for the 2024-2025 fiscal year provides career opportunities with competitive salaries, professional growth, and a chance to serve local communities.

Position Details

Position Code Job Title Pay Scale (₹) Vacancies
01 Local Bank Officer (LBO) ₹48,480 – ₹85,920 plus benefits 1500

In addition to the basic pay, selected candidates will enjoy Dearness Allowance, House Rent Allowance, and benefits like housing options, medical reimbursement, and Leave Fare Concession (LFC).

State-Wise Vacancies and Language Proficiency Requirements

State Vacancies Language Proficiency
Andhra Pradesh 200 Telugu
Assam 50 Assamese
Gujarat 200 Gujarati
Karnataka 300 Kannada
Kerala 100 Malayalam
Maharashtra 50 Marathi
Odisha 100 Odia
Tamil Nadu 200 Tamil
Telangana 200 Telugu
West Bengal 100 Bengali

Note: Candidates are expected to be proficient in the local language of the state they apply for.

Eligibility and Qualifications

Criteria Requirements
Educational Qualification Bachelor’s degree in any discipline from a recognized university.
Age Requirement 20 to 30 years (as of October 1, 2024)
Age Relaxation Available for SC/ST, OBC (Non-Creamy Layer), PwBD, Ex-Servicemen, and individuals affected by the 1984 riots.
Nationality Must be a citizen of India or as per categories defined by the Government of India.

Benefits

Benefit Description
Basic Pay Starts at ₹48,480 and progresses up to ₹85,920.
Allowances Includes Dearness Allowance, House Rent Allowance, and other compensations as per bank policies.
Housing Options for residential quarters or lease rent reimbursement.
Medical Coverage Reimbursement for hospitalization and medical expenses.
Leave and Travel Leave Fare Concession (LFC) for travel.
Retirement and Social Security Provident Fund, Gratuity, and pension as per the bank’s rules.

Important Dates

Event Date
Start of Online Registration October 24, 2024
Last Date for Registration and Payment November 13, 2024

Application Fees

Category Fees (Inclusive of GST)
General/OBC/EWS ₹850
SC/ST/PwBD ₹175

Note: Application fees are non-refundable, and bank transaction charges will be borne by the applicant.

Application Process

  1. Visit Official Website: Go to Union Bank of India’s Careers Page under “Recruitments.”
  2. Register Online: Click on “CLICK HERE TO APPLY ONLINE” and fill in required details.
  3. Upload Documents: Ensure scanned copies of photo, signature, left thumb impression, and hand-written declaration are uploaded as per guidelines.
  4. Pay Application Fee: Complete payment via debit/credit card, internet banking, or UPI.
  5. Submit Application: Double-check all entries before final submission.

Selection Process

Stage Description
Online Examination Duration: 3 hours 30 minutes; topics include Reasoning, Data Analysis, Banking Awareness, and English.
Language Proficiency Test (LPT) Tests proficiency in the local language of the applied state.
Personal Interview Weighted at 20% of the final selection score, with 80% allocated to the Online Examination.

Probation Period and Bond

  • Probation: 2 years from the date of joining.
  • Service Bond: ₹2,00,000 plus taxes, for a minimum service period of three years.

Frequently Asked Questions (FAQs)

Question Answer
What is the eligibility age limit? 20-30 years, with age relaxations as per government norms.
Can I apply for multiple states? No, you can apply for only one state.
Is prior experience required? No, prior experience is not required for this position.
Will there be penalties for incorrect answers? Yes, 0.25 marks will be deducted for each incorrect answer in objective questions.
What documents are needed for application? A scanned photo, signature, thumb impression, and hand-written declaration are required.
What benefits do LBOs receive? Basic pay, allowances, housing, medical coverage, and retirement benefits.
Do I have to sign a bond? Yes, a bond of ₹2,00,000 is required, agreeing to serve the bank for three years.
What is the probation period? 2 years from the date of joining.
Are there any reserved positions for specific categories? Yes, reserved seats are available across categories (SC, ST, OBC, PwBD) per government rules.
Can the exam center be changed after application submission? No, exam centers cannot be changed once they are selected.

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