Indian Overseas Bank (IOB), one of India's leading public sector banks, has released a major recruitment notification for the year 2026. The bank is looking to engage 750 Apprentices under the Apprentices Act, 1961 for the financial year 2026-27.
This is a fantastic opportunity for fresh graduates who want to kickstart their career in the banking sector. The best part? You don't need a specific degreeโgraduation in any discipline is enough to apply. The apprenticeship offers practical banking experience across various branches of the bank, and the stipend is quite competitive.
The online application process started on 7 July 2026 and the last date to apply is 20 July 2026. The online examination is tentatively scheduled for 2 August 2026. Read below for complete details including state-wise vacancy breakdown, eligibility, stipend, exam pattern, and step-by-step application instructions.
| Organization | Indian Overseas Bank (IOB) |
|---|---|
| Advertisement No. | HRDD/APPR/01/2026-27 |
| Post Name | Apprentice |
| Total Vacancies | 750 |
| Training Period | 1 Year |
| Job Location | Across India (State-wise allocation) |
| Application Mode | Online (NAPS/NATS + BEEP) |
| Official Website | iob.bank.in |
| Event | Date |
|---|---|
| Notification Release Date | 06 July 2026 |
| Online Application Start Date | 07 July 2026 |
| Last Date to Apply Online (NAPS & NATS) | 20 July 2026 |
| Last Date for Fee Payment (on BEEP) | 22 July 2026 |
| Tentative Online Examination Date | 02 August 2026 |
| Admit Card | Will be intimated |
| Result Date | Will be updated here |
Candidates are advised to verify all dates from the official IOB website.
The application fee must be paid online through the BEEP portal:
| Category | Application Fee (Including 18% GST) |
|---|---|
| SC / ST / PwBD | โน 236/- |
| General / OBC / EWS (Female) | โน 708/- |
| General / OBC / EWS (Male) | โน 944/- |
Payment modes: Debit Card, Credit Card, Net Banking, etc.
| Category | Age Limit |
|---|---|
| Minimum Age | 20 Years |
| Maximum Age (General/EWS) | 28 Years |
| SC / ST (Relaxation) | 5 Years (Max 33 Years) |
| OBC (Relaxation) | 3 Years (Max 31 Years) |
| PwBD (Relaxation) | 10 Years (Max 38 Years) |
Date of Birth Range (General/EWS): Between 1 July 1998 and 1 July 2006 (both inclusive).
IOB is looking to fill a total of 750 Apprentice positions across various states and union territories in India:
| State / Union Territory | Number of Seats |
|---|---|
| Tamil Nadu | 200 |
| Uttar Pradesh | 110 |
| Maharashtra | 85 |
| Delhi | 53 |
| Bihar | 35 |
| West Bengal | 35 |
| Kerala | 33 |
| Punjab | 24 |
| Odisha | 22 |
| Gujarat | 16 |
| Haryana | 16 |
| Rajasthan | 16 |
| Andhra Pradesh | 15 |
| Madhya Pradesh | 12 |
| Karnataka | 6 |
| Total | 750 |
Educational Qualification:
Experience Rule:
Age Limit (as on 01 July 2026):
Selected apprentices will receive a monthly stipend for the one-year training period. The stipend varies based on the branch category:
| Branch Category | Stipend per Month |
|---|---|
| Metro | โน 15,500/- |
| Urban | โน 14,500/- |
| Semi-Urban / Rural | โน 14,000/- |
The stipend amount includes the subsidy provided by the Government of India.
The selection for IOB Apprentice recruitment will be conducted in multiple stages:
Exam Pattern:
| Section | Number of Questions | Marks |
|---|---|---|
| General / Financial Awareness | 25 | 25 |
| General English | 25 | 25 |
| Quantitative Aptitude and Reasoning | 25 | 25 |
| Computer or Subject Knowledge | 25 | 25 |
| Total | 100 | 100 |
Exam Duration: 90 minutes | Mode: Online (CBT)
The application process is conducted through multiple portals. Follow these steps carefully:
Step 1: Register on NAPS or NATS Portal (Mandatory)
Step 2: Visit the BEEP Portal or IOB Careers Page
Step 3: Find the Notification
Step 4: Provide Enrollment Number
Step 5: Fill the Application Form
Step 6: Upload Documents
Step 7: Pay the Application Fee
Step 8: Review and Submit
Ans: IOB has announced 750 Apprentice vacancies for the financial year 2026-27.
Ans: The last date for online application is 20 July 2026.
Ans: Candidates must have a Bachelor's Degree (Graduation) in any discipline from a recognized university.
Ans: The age limit is 20 to 28 years as of 1 July 2026. Age relaxation is applicable for reserved categories.
Ans: The application fee for General / OBC / EWS Male candidates is โน944 (including GST).
Ans: The stipend ranges from โน14,000 to โน15,500 per month, depending on the branch category (Metro/Urban/Semi-Urban/Rural).
Ans: The selection process includes an Online Written Examination, Local Language Test, Document Verification, and Medical Fitness Examination.
Ans: The online examination is tentatively scheduled for 2 August 2026.
Ans: No, candidates can apply for only one State/UT, preferably their home State/UT.
Ans: No, candidates who already possess one year of job experience or previous apprenticeship training after graduation are not eligible to apply.
Ans: Candidates must register on either NAPS or NATS portal to obtain an enrollment number before applying on the BEEP portal.
Ans: The training period is 1 Year under the Apprentices Act, 1961.