Exam Overview
The Indian Overseas Bank (IOB) has released the syllabus for the Local Bank Officer (LBO) exam for the year 2026. This recruitment drive, under notification number HRDD/RECT/02/2026-27, aims to fill 250 vacancies in the Junior Management Grade Scale-I (JMGS-I) across states including Tamil Nadu, Karnataka, Maharashtra, and Gujarat.
Understanding the exam pattern and syllabus is crucial for candidates to strategize their preparation effectively.
Exam Pattern
| Subject | Questions | Marks | Duration |
|---|---|---|---|
| Reasoning and Computer Aptitude | 30 | 60 | 60 minutes |
| General/Economy/Banking Awareness | 40 | 40 | 30 minutes |
| Data Analysis and Interpretation | 30 | 60 | 60 minutes |
| English Knowledge | 40 | 40 | 30 minutes |
| Total | 140 | 200 | 3 hours |
Note: There is a negative marking of 0.25 marks for each incorrect answer, but no penalty for unattempted questions.
Subject-wise Syllabus
1. English Knowledge
- Cloze Test
- Sentence Rearrangement
- Fill in the Blanks
- Reading Comprehension
- Error Detection
- Grammar Usage
- Synonyms and Antonyms
2. General/Economy/Banking Awareness
- Financial Institutions in India
- Government Schemes and Policies
- Banking Terms and Concepts
- Current Affairs (Last 6 months)
- RBI Functions and Monetary Policy
- Static General Knowledge
Preparation Tips
- Understand the exam pattern thoroughly.
- Practice previous year papers and mock tests.
- Focus on time management during preparation.
- Revise regularly to strengthen your knowledge base.
- Stay updated with current affairs and banking news.
Important Links
| Link Description | Link |
|---|---|
| Official Website | www.iob.in |
| Job Alerts Registration | Register for Job Alerts |
