Indian Overseas Bank Recruitment 2024: Post, Salary, Eligibility, Selection Procedure, and Application Details

Indian Overseas Bank has released a notification for recruitment in 2024 for the position of Financial Literacy Counsellor. Interested candidates can find information about the post, salary, eligibility criteria, selection procedure, and how to apply below:

Post Name: Financial Literacy Counsellor

Indian Overseas Bank is looking to fill the position of Financial Literacy Counsellor as per the official notification for the year 2024.

Tenure: 1 Year

The appointment for the Financial Literacy Counsellor position will be for a period of 1 year from the date of appointment.

Salary: Rs. 15,000 per month + Rs. 2,500 Allowance

Selected candidates will receive a monthly salary of Rs. 15,000 along with an additional allowance of Rs. 2,500.

Age Limit: Not Exceeding 65 Years

Applicants should ensure that their age does not exceed 65 years to be eligible for the Financial Literacy Counsellor position at Indian Overseas Bank.

Required Experience:

– Preference given to Branch Managers/ Agricultural officers with at least 2 years of experience in Rural Branches.
– Retired Bank Officers with relevant experience may also be considered.

Selection Procedure: Written Test and Interview

The selection process for the Financial Literacy Counsellor position will involve a written test followed by an interview.

Eligibility Criteria:

– Candidate should be a retired Bank Officer.
– Preferably a Graduate/Postgraduate from a UGC recognized University.
– Should be well-versed in the local language.
– Resident of the same or nearby locality in Trichy District.

How to Apply:

Interested candidates can download the application form from the official website of Indian Overseas Bank. Submit the duly filled application form along with necessary documents to the Chief Regional Manager before the specified deadline.


1. When is the last date to apply for Indian Overseas Bank Recruitment 2024?

The deadline for submitting applications is typically mentioned in the official notification. Applicants should check the notification for the specific date.

2. Can candidates with experience in urban branches apply for the position of Financial Literacy Counsellor?

While preference is given to candidates with experience in rural branches, retired Bank Officers with other relevant experience may also be considered.

3. Is there an age relaxation for candidates from reserved categories?

Applicants should refer to the official notification for any information regarding age relaxation for specific categories.


The Indian Overseas Bank Recruitment 2024 offers a good opportunity for retired Bank Officers with the requisite experience to contribute as Financial Literacy Counsellors. Interested candidates meeting the eligibility criteria can apply by following the instructions provided in the official notification. Stay updated for further updates regarding the selection process and future vacancies.

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