Union Bank of India LBO Recruitment 2024

Union Bank of India LBO Recruitment 2024

Union Bank of India invites applications for the post of Local Bank Officer (LBO) in JMGS-I. The selected candidates will handle various banking operations, customer service, and financial management tasks in their designated locations.

Overview:

Vacancies:

Basic Pay Scale:

₹48,480 – ₹85,920 per month
(Incremental structure: ₹48,480 – ₹2,000 for 7 years – ₹62,480 – ₹2,340 for 2 years – ₹67,160 – ₹2,680 for 7 years – ₹85,920)

Additional Benefits:

• Special Allowance, Dearness Allowance, and other allowances as per the Bank’s policies.
• Eligibility for amenities like residential quarters or lease rent, Leave Fare Concession (LFC), reimbursement of medical/hospitalization expenses, and other perquisites as per Bank policies.

Job Responsibilities:

• Handling day-to-day banking operations, including customer service, account management, and financial transactions.
• Assisting in the implementation of banking policies, regulations, and procedures to ensure smooth functioning.
• Promoting financial products and services such as loans, credit cards, insurance, and investments to customers.
• Participating in community outreach programs to educate customers about banking products.
• Ensuring compliance with the bank’s guidelines and government regulations.
• Engaging in customer relationship management to enhance the Bank’s service quality.

Eligibility Criteria:

1. Age Limit:

• Minimum: 20 years
• Maximum: 30 years (as of October 1, 2024)
• Age relaxation is applicable for reserved categories as per government rules.

2. Educational Qualification:

• A full-time Bachelor’s degree in any discipline from a recognized university or institution.
• Candidates must have a valid degree certificate and should indicate the percentage of marks obtained at the time of online registration.

3. Language Proficiency:

• Candidates must be proficient in reading, writing, and speaking the specified local language of the state applied for.

4. Nationality/Citizenship:

• Candidates must be Indian citizens or as specified under the government guidelines for certain neighboring countries (Nepal, Bhutan, etc.).

Selection Process:

The selection process will involve the following stages:

1. Online Examination:

• Reasoning & Computer Aptitude: 45 questions, 60 marks
• General/Economy/Banking Awareness: 40 questions, 40 marks
• Data Analysis & Interpretation: 35 questions, 60 marks
• English Language: 35 questions, 40 marks
• Descriptive Test (Letter Writing & Essay): 2 questions, 25 marks
• Total Duration: 3 hours and 30 minutes
• Penalty for Wrong Answers: 0.25 marks deducted for each incorrect answer.

2. Language Proficiency Test (LPT):

• Candidates must qualify for the Language Proficiency Test for the specified local language of the state applied for.
• Candidates with a 10th or 12th standard certificate evidencing the study of the specified local language are exempt.

3. Personal Interview:

• Candidates who qualify in the online examination and LPT will be shortlisted for an interview.
• Interview will carry 100 marks, with a minimum qualifying score of 40% (35% for SC/ST/OBC/PwBD candidates).
• The final selection will be based on a combined score of the online examination and the interview (80:20 ratio).

Probation Period:

Selected candidates will undergo a probation period of 2 years from the date of joining.

Service Indemnity Bond:

Candidates will be required to execute a service indemnity bond for ₹2,00,000 plus applicable taxes, agreeing to serve the Bank for a minimum period of 3 years.

How to Apply:

1. Candidates must apply online through the official Union Bank of India website: www.unionbankofindia.co.in.

2. Complete the online registration, upload scanned copies of required documents, and pay the application fee.

3. Application Fees:

• General/OBC/EWS: ₹850 (inclusive of GST)
• SC/ST/PwBD: ₹175 (inclusive of GST)

Documents Required:

Candidates must upload and produce the following documents when required:

• Valid photo ID proof (Aadhaar, PAN Card, Passport, etc.).
• Educational certificates and mark sheets.
• Caste certificate (if applicable).
• Disability certificate (if applicable).

Important Dates:

Important Links: