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Union Bank Recruitment 2024 for 1500 Local Bank Officer Posts, Apply Now!

October 29, 2024 by Careerbywell Team

  • Govt Jobs
  • INDIA
  • Posted 7 months ago
Union Bank of India

Website Union Bank of India

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The Union Bank LBO Notification 2024 announces 1,500 vacancies for Local Bank Officer posts. The application process began on 24th October 2024 and is available on the official website at www.unionbankofindia.co.in.

Stay updated on India’s latest government job opportunities by visiting the careerbywell page, informing you about the newest openings in 2024.

Table of Contents

  • About Union Bank 
  • Union Bank LBO Recruitment 2024
  • Union Bank LBO Recruitment 2024 Overview
  • Union Bank LBO Recruitment 2024 Vacancies
  • Union Bank LBO Recruitment 2024 Eligibility Criteria
  • Union Bank LBO Recruitment 2024 Selection Process
  • Union Bank LBO Recruitment 2024 Probation Period & Service Indemnity Bond
  • Union Bank LBO Recruitment 2024 Salary
  • Union Bank LBO Recruitment 2024 Application Fee
  • Union Bank LBO Recruitment 2024 Application Process
    • Application Procedure

About Union Bank 

Union Bank of India, headquartered in Mumbai, is a major public sector bank with over 153 million customers and a business volume of Rs. 21.36 lakh crore as of June 2024. After merging with Corporation Bank and Andhra Bank in 2020, Union Bank operates around 8,700 branches (including four overseas), 10,000+ ATMs, and 18,000 Business Correspondent Points, with over 76,700 employees. It also has a UK subsidiary and representative offices in Shanghai, Beijing, and Abu Dhabi.

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Union Bank LBO Recruitment 2024

Union Bank of India has announced recruitment for 1,500 Local Bank Officer (LBO) positions across various states. Eligible candidates with a graduation degree from a recognized university or institution approved by the Government of India can apply. The online application process began on October 24, 2024, and will close on November 13, 2024. For more details and to apply, visit the official website: unionbankofindia.co.in.

Union Bank LBO Recruitment 2024 Overview

Organization Name Union Bank of India
Post Name Local Bank Officer (LBO)
Education Qualification Bachelor’s Degree (Full-time/Regular)
Age Limit 20 to 30 Years
No.of Vacancies 1500
Application Start Date 24th October 2024
Application End Date 13th November 2024
Basic Pay ₹48,480/-
Selection Process Online Examination, Group Discussion, and Personal Interview
Mode of Application Online
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Union Bank LBO Recruitment 2024 Vacancies

SN State Mandatory Language Proficiency Vacancies SC ST OBC EWS UR Total
1 Andhra Pradesh Telugu 200 30 15 54 20 81 200
2 Assam Assamese 50 7 3 13 5 22 50
3 Gujarat Gujarati 200 30 15 54 20 81 200
4 Karnataka Kannada 300 45 22 81 30 122 300
5 Kerala Malayalam 100 15 7 27 10 41 100
6 Maharashtra Marathi 50 7 3 13 5 22 50
7 Odisha Odia 100 15 7 27 10 41 100
8 Tamil Nadu Tamil 200 30 15 54 20 81 200
9 Telangana Telugu 200 30 15 54 20 81 200
10 West Bengal Bengali 100 15 7 27 10 41 100
Total 1500 224 109 404 150 613 1500

Union Bank LBO Recruitment 2024 Eligibility Criteria

Nationality: Indian citizen or specific categories from Nepal, Bhutan, Tibet, or migrants from select countries (with eligibility certificate for non-Indian citizens).

Age: 20 – 30 years as of 01.10.2024.

Education: Bachelor’s degree in any discipline from a recognized university, with percentage details required in the application.

Age Relaxation:

  • SC/ST: 5 years
  • OBC (Non-creamy): 3 years
  • PwBD: 10 years
  • Ex-Servicemen & ECOs: 5 years
  • 1984 Riot-affected: 5 years

Note: Age relaxation can be combined up to 50 years for SC/ST/OBC with other categories.

Union Bank LBO Recruitment 2024 Selection Process

  • Stages:
    • Online Exam
    • Language Proficiency Test (LPT)
    • Interview
  • Online Exam:
    • Objective Tests (Reasoning, General Awareness, Data Interpretation, English) and Descriptive English Tests (Letter Writing & Essay).
    • Total Duration: 3 hours 30 minutes.
    • Negative marking: 0.25 per wrong answer.
  • Language Proficiency Test (LPT):
    • Required for local language proficiency; exempt if studied in 10th/12th.
  • Interview:
    • Qualifying marks: 40% (35% for reserved categories).
    • Final selection based on 80% exam, 20% interview.
  • Important:
    • All information will be verified.
    • Candidates with unresolved credit defaults will be disqualified.

Union Bank LBO Recruitment 2024 Probation Period & Service Indemnity Bond

Probation Period:
Selected candidates will undergo a probationary period of two years, starting from their date of joining the Bank.

Service Indemnity Bond:
Candidates will be required to sign a Service Indemnity Bond, committing to serve the Bank for a minimum of three years. If a candidate leaves the Bank before completing this period, they will be liable to pay the Bank a sum of ₹2,00,000 (Two Lakhs) plus any applicable taxes as per Government regulations.

Union Bank LBO Recruitment 2024 Salary

Monthly Pay Scale:

  • Starting Salary: ₹48,480
  • Incremental Structure:
    • After 7 years: ₹62,480
    • After 2 more years: ₹67,160
    • After another 7 years: ₹85,920

This structured pay scale reflects the growth potential for Local Bank Officers at Union Bank of India throughout their tenure.

Union Bank LBO Recruitment 2024 Application Fee

  • Category of Applicant
    • General / EWS / OBC: ₹850 (Inclusive of GST)
    • SC / ST / PwBD Candidates: ₹175 (Inclusive of GST)

Please note that any bank transaction charges incurred during the online payment of application fees or intimation charges will be the responsibility of the candidate.

Union Bank LBO Recruitment 2024 Application Process

Application Procedure

  1. Access the Website:
    Visit the Bank’s website at www.unionbankofindia.co.in. Navigate to the ‘Recruitments’ page and select the “Career Overview” option. Click on “Click to View the Current Recruitment” to find the link for “Recruitment of Local Bank Officer (2025-26)”. Then, select “CLICK HERE TO APPLY ONLINE” to access the online application form.
  2. Register Your Application:
    Click on “Click here for New Registration” and enter your name, contact details, and email ID. The system will generate and display a Provisional Registration Number and Password. Make sure to note these down, as an email and SMS will also be sent to you with this information.
  3. Saving Your Progress:
    If you cannot complete the application in one session, you can save the entered data by clicking the “SAVE AND NEXT” tab. It is recommended to use this feature to verify and modify your details before final submission.
  4. Verification of Details:
    Candidates should fill out the online application carefully and verify all details themselves. Changes will not be allowed after clicking “COMPLETE REGISTRATION”.
  5. Correct Spelling:
    Ensure that your name and the names of your father, husband, etc., are spelled exactly as they appear on your certificates, mark sheets, or identity proof. Any discrepancies may lead to disqualification.
  6. Validate and Save:
    Validate your details and save your application by clicking the “Validate your details” and “Save & Next” buttons.
  7. Upload Photo and Signature:
    Upload your photo and signature according to the specifications outlined in the Guidelines for Scanning and Uploading Photographs and Signatures in “Annexure-I”.
  8. Complete Other Details:
    Continue filling in the remaining details of the application form.
  9. Preview Your Application:
    Click on the Preview tab to review your entire application before selecting “COMPLETE REGISTRATION”.
  10. Modify if Necessary:
    If any details need adjustment, make the necessary changes and only click “COMPLETE REGISTRATION” after verifying that your photo, signature, thumb impression, and other details are correct.
  11. Payment:
    Click on the “Payment” tab to proceed with the payment process.
  12. Submit Your Application:
    Finally, click the ‘Submit’ button to complete your application.

Official Notification: Click Here

To apply for this job please visit ibpsonline.ibps.in.

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