Indian Overseas Bank Apprentice under Apprentices Act, 1961 Recruitment 2026

Overview

Indian Overseas Bank (IOB), a prominent Chennai-headquartered Public Sector Bank, has officially notified the engagement of 750 Apprentices for the year 2026–27 under the provisions of the Apprentices Act, 1961. The recruitment is governed by Advertisement No. HRDD/APPR/01/2026-27 dated 06 July 2026. Applications are invited online through the NATS, NAPS, and BEEP portals. This is a valuable opportunity for fresh graduates seeking structured on-the-job training experience within a leading public sector bank across India.

Important Dates

Vacancy Details

A total of 750 apprentice positions have been distributed across various states and union territories, including backlog vacancies. The allocation is provisional and subject to revision based on the bank's operational requirements. Key state-wise highlights are as follows:

Eligibility Criteria

Nationality

Applicants must be citizens of India.

Educational Qualification

Candidates must have completed a graduation degree in any discipline from a university recognised by the Government of India, or hold an equivalent qualification as recognised by the Central Government. The examination result must be declared on or before 31 July 2026. Candidates applying under the NATS portal must have had their graduation result declared between 01 March 2022 and 31 July 2026 (both dates inclusive) and must be prepared to submit relevant mark sheets and degree/provisional certificates when called for.

Age Limit (as on 01 July 2026)

The minimum age is 20 years and the maximum age is 28 years for General and EWS candidates. This translates to a date of birth range of 01 July 1998 to 01 July 2006 (both dates inclusive). Candidates applying through NAPS must be below 34 years after applicable relaxation.

Note: Age relaxation for reserved categories is cumulative with only one additional category of relaxation. Relevant certificates must be produced at the time of personal interaction.

Stipend / Remuneration

Shortlisted apprentices will receive a monthly stipend for the duration of the one-year engagement period. The stipend varies by branch location category as detailed below:

For apprentices selected under NATS, a government subsidy is offset from the above amounts, with IOB bearing the net balance as its stipend contribution.

Selection Process

The selection of candidates for IOB Apprentice Recruitment 2026–27 is expected to comprise the following stages:

1. Online Written Examination – A computer-based test tentatively scheduled for 02 August 2026, assessing the candidate's general aptitude, reasoning, English language, and numerical ability.
2. Document Verification – Shortlisted candidates will be required to present original educational certificates, age proof, category certificates (where applicable), and other relevant documents.
3. Personal Interaction – A final interaction round to assess the candidate's communication skills and suitability for the apprenticeship role.

Please note: Appearing in any stage of the selection process does not constitute a guarantee of final engagement with the bank.

How to Apply

Eligible and interested candidates can submit their applications online through the designated portals — NATS (National Apprenticeship Training Scheme), NAPS (National Apprenticeship Promotion Scheme), and BEEP — between 07 July 2026 and 20 July 2026. Application fee payment via the BEEP portal remains open until 22 July 2026. Candidates are advised to visit the official IOB website at www.iob.in for the official notification PDF and direct application links. Ensure all personal, academic, and category details are accurately filled in before final submission. No applications will be entertained after the stipulated deadline.