IOB LBO 2026 exam will be conducted as an online computer-based test with 140 questions carrying 200 marks. The test is divided into 4 sections with a 3-hour duration and includes a language proficiency test and personal interview as part of the selection process.
Overview
Indian Overseas Bank (IOB) conducts recruitment for Local Bank Officer (JMGS-I) positions under notification HRDD/RECT/02/2026-27. A total of 250 vacancies are available across Tamil Nadu, Karnataka, Maharashtra, and Gujarat. The selection process comprises three stages: online examination, language proficiency test (where applicable), and personal interview.
Exam Pattern
| Section | Questions | Marks | Duration | Medium |
|---|---|---|---|---|
| Reasoning and Computer Aptitude | 30 | 60 | 60 minutes | English & Hindi |
| General/Economy/Banking Awareness | 40 | 40 | 30 minutes | English & Hindi |
| Data Analysis and Interpretation | 30 | 60 | 60 minutes | English & Hindi |
| English Knowledge | 40 | 40 | 30 minutes | English |
| Total | 140 | 200 | 3 hours | — |
Exam Details
The online examination is conducted in computer-based test (CBT) mode. Negative marking of 0.25 marks is deducted for each incorrect answer. The exam has sectional timing, meaning candidates must complete each section within its allocated time before moving to the next section.
Reasoning and Computer Aptitude (60 marks, 30 questions)
This section evaluates logical reasoning, analytical thinking, and computer fundamentals. Topics include puzzles, series completion, coding-decoding, syllogism, and basic computer knowledge.
General/Economy/Banking Awareness (40 marks, 40 questions)
Candidates are tested on current affairs, economic concepts, and banking sector awareness. This includes recent economic policies, banking regulations, and general knowledge relevant to the financial sector.
Data Analysis and Interpretation (60 marks, 30 questions)
This section assesses the ability to interpret data presented in tables, graphs, charts, and pie diagrams. Quick calculation and analytical skills are essential for scoring well in this section.
English Knowledge (40 marks, 40 questions)
Conducted only in English medium, this section tests English proficiency including grammar, vocabulary, reading comprehension, and written expression.
Personal Interview
| Particulars | Details |
|---|---|
| Total Marks | 100 |
| Minimum Qualifying (Unreserved) | 50% |
| Minimum Qualifying (Reserved) | 45% |
| Weightage in Final Merit | 20% |
After qualifying the online exam, candidates proceed to a personal interview. The final merit list uses 80:20 weightage — 80% from the online exam and 20% from the interview.
Important Links
- IOB Official Website: www.iob.bank.in
Frequently Asked Questions
Q: How many questions are in the IOB LBO exam?
A: There are 140 questions in total across 4 sections, all to be completed in 3 hours.
Q: What is the negative marking in IOB LBO exam?
A: For every wrong answer, 0.25 marks are deducted from the candidate's score.
Q: Can candidates appear for the IOB LBO exam in Hindi?
A: Three out of four sections are available in Hindi medium. Only the English Knowledge section is exclusively in English.
Candidates must verify all details on the official IOB website before applying.