Indian Overseas Bank, a public sector bank headquartered in Chennai, has announced recruitment for the post of General Manager - IBU (IFSC Banking Unit) with a single vacancy. The position is based at the bank's IFSC Banking Unit in GIFT City, Gandhinagar, Gujarat, and involves senior-level leadership of the bank's international banking operations. Selection will be through screening of applications followed by a personal interview.
IOB Recruitment 2026 - General Manager - IBU (IFSC Banking Unit) Posts
Posted 29 Sept 2026Updated 29 Sept 2026HRDD/RECT/05/2026-27
Total Vacancies
1
Last Date
05 Oct
Closed
Apply Mode
Online
Full Time
Status
Application Closed
Recruitment status
Applications closed on 05 Oct 2026
- Notification18 Sept
- Applications Open19 Sept
- Applications Closed05 Oct
About IOB General Manager - IBU Recruitment 2026
Job Overview
- Organization
- Indian Overseas Bank
- Advertisement No.
- HRDD/RECT/05/2026-27
- Post Name
- General Manager - IBU (IFSC Banking Unit)
- Job Location
- Gandhinagar, Gujarat
- Who Can Apply
- Candidates from anywhere in India
- Job Type
- Full Time
- Age Limit
- Up to 55 years
- Gender
- All
- Nationality
- Indian
- Experience
- 15 years in Officer Cadre of Public / Private / Foreign Banks, with minimum 3 years in an Offshore Banking Unit / Overseas Branch / IFSC Banking Unit of Public / Private Banks. Current assignment as Deputy General Manager with minimum 1 year in present cadre, or Assistant General Manager with minimum 2 years in present cadre.
- Pay Scale
- Rs.156500-4340/4-173860 (Scale VII). CTC around Rs. 44 lacs per annum.
Vacancy Breakdown
General Manager - IBU (IFSC Banking Unit)
1
| Post Name | Total |
|---|---|
| General Manager - IBU (IFSC Banking Unit) | 1 |
Eligibility Details
General Manager - IBU (IFSC Banking Unit) - Qualification and Experience
Graduation or Post Graduation in any discipline or Chartered Accountant (CA). Experience: 15 years of experience in Officer Cadre of Public / Private / Foreign Banks with minimum 3 years of experience in any Offshore Banking Unit / Overseas Branch of the Bank / IFSC Banking Unit of Public / Private Banks. Current Assignment must be: (a) Deputy General Manager (equivalent role in private / foreign banks i.e., current designation 4 level below MD & CEO) with minimum 1 year in present cadre OR (b) Assistant General Manager (equivalent role in private / foreign banks i.e., current designation 5 level below MD & CEO) with minimum 2 years in present cadre.
| Post | Qualification |
|---|---|
| General Manager - IBU (IFSC Banking Unit) - Qualification and Experience | Graduation or Post Graduation in any discipline or Chartered Accountant (CA). Experience: 15 years of experience in Officer Cadre of Public / Private / Foreign Banks with minimum 3 years of experience in any Offshore Banking Unit / Overseas Branch of the Bank / IFSC Banking Unit of Public / Private Banks. Current Assignment must be: (a) Deputy General Manager (equivalent role in private / foreign banks i.e., current designation 4 level below MD & CEO) with minimum 1 year in present cadre OR (b) Assistant General Manager (equivalent role in private / foreign banks i.e., current designation 5 level below MD & CEO) with minimum 2 years in present cadre. |
Age Limit
Maximum 55 years
Application Fee
SC/ST/PwBD
INR 175/- inclusive of GST
GEN/EWS/OBC
INR 1000/- inclusive of GST
Selection Process
- 1Preliminary Screening of Applications
Applications are screened against the eligibility conditions before shortlisting.
- 2Personal Interview
Shortlisted candidates are called for a personal interview.
Salary Structure
Rs.156500-4340/4-173860 (Scale VII). CTC around Rs. 44 lacs per annum.
Allowances: D.A., HRA/Lease rental, CCA, Medical and other allowances and perquisites as per rules in force from time to time as applicable to Scale VII.
How to Apply
- 1Submit the application online through the IOB application portal on or before 05 October 2026.
- 2Fill the application form with correct personal, educational and contact details.
- 3Upload the photograph, signature and certificates in the prescribed format.
- 4Pay the application fee online, if applicable.
- 5Review all details carefully before submitting the form.
- 6Take a printout or save a copy of the submitted application for future reference.
Documents to Carry / Upload
•Photograph
•Signature and certificates in the prescribed format
Important Details
- The IOB IFSC Banking Unit is located in GIFT City, Gujarat.
- The post is in Scale VII and the current assignment of the applicant must be as Deputy General Manager with at least 1 year in the present cadre or Assistant General Manager with at least 2 years in the present cadre.
Desirable Experience
Exposure of Forex business or Global Trade Business on International Banking in Indian / Foreign Banks.
Preferred Qualifications
MBA/PGDM/PGDBF with specialization in Finance/Banking/International Business or CFA/FRM/PRM.
Frequently Asked Questions
Where is the IOB IFSC Banking Unit located?
The IOB IFSC Banking Unit is located in GIFT City, Gujarat.
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