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