Check complete IOB Local Bank Officer (LBO) Exam Pattern 2026 including sections, number of questions, maximum marks, exam duration, negative marking, qualifying marks, Language Proficiency Test, Personal Interview and final merit calculation, based entirely on the Official Indian Overseas Bank Local Bank Officer Recruitment Notification 2026-27 (Advt. No. HRDD/RECT/02/2026-27 dated 07.08.2026).
| Exam / Recruitment Name | Recruitment of Local Bank Officer (LBO) 2026-27 |
| Post | Local Bank Officer (LBO), JMGS-I |
| Conducting Organisation | Indian Overseas Bank (IOB) – A Govt. of India Undertaking |
| Exam Mode | Online Examination (Objective Type) |
| Selection Process | Online Examination → Language Proficiency Test (wherever applicable) → Personal Interview |
| Total Questions | 140 |
| Total Marks | 200 |
| Exam Duration | 3 Hours (with separate timing per section) |
| Negative Marking | 0.25 marks (1/4th) deducted per wrong answer |
| Sectional Qualifying Marks | Not applicable — no sectional cut-off in online exam |
| Minimum Qualifying Marks (Online Exam) | 30% (Reserved) / 35% (Unreserved) aggregate |
| Interview Marks | 100 |
| Minimum Qualifying Marks (Interview) | 45% (Reserved) / 50% (Unreserved) |
| Online Exam : Interview Weightage | 80:20 |
| Final Selection Basis | Combined score, merit list prepared state-wise and category-wise |
| Official Website | www.iob.bank.in |
Indian Overseas Bank (IOB) has released the Official Notification for the Recruitment of Local Bank Officer (LBO) 2026-27 (Advt. No. HRDD/RECT/02/2026-27, dated 07.08.2026) inviting online applications against 250 vacancies in JMGS-I. Before appearing for the exam, candidates must clearly understand the official exam pattern, marking scheme and complete selection process.
This article explains the IOB LBO Online Examination pattern, number of questions, maximum marks, exam duration, negative marking, qualifying marks, Language Proficiency Test, Personal Interview and final merit calculation, based entirely on the Official IOB LBO Recruitment Notification 2026-27. Wherever the official notification does not specify a particular detail, this article does not assume or add such information.
Structure of the Online Examination as per the Official IOB LBO Recruitment Notification 2026-27
As per the official notification, selection is made through an Online Examination consisting of 140 objective type questions under 4 sections, carrying a total of 200 marks. The examination is conducted in English and Hindi, except the English Knowledge section which is conducted in English only.
| Section / Topic | No. of Questions | Maximum Marks | Medium of Exam | Duration |
|---|---|---|---|---|
| Reasoning and Computer Aptitude | 30 | 60 | English & Hindi | 60 minutes |
| General / Economy / Banking Awareness | 40 | 40 | English & Hindi | 30 minutes |
| Data Analysis and Interpretation | 30 | 60 | English & Hindi | 60 minutes |
| English Knowledge | 40 | 40 | English | 30 minutes |
| Total | 140 | 200 | — | 3 Hours |
As per the Official IOB LBO Recruitment Notification 2026-27
As per the Official IOB LBO Recruitment Notification 2026-27
| Criteria | Details |
|---|---|
| Total Duration | 3 Hours |
| Sectional Timing | Separate timing is prescribed for each of the 4 sections (as listed in the Exam Pattern table above) |
| Total Sections | 4 |
Official qualifying criteria as per the Official IOB LBO Recruitment Notification 2026-27
| Stage | Qualifying Requirement |
|---|---|
| Sectional Qualifying Marks (Online Exam) | Not applicable — no sectional qualifying marks prescribed |
| Minimum Qualifying Aggregate (Online Exam) – Reserved Candidates | 30% |
| Minimum Qualifying Aggregate (Online Exam) – Unreserved Candidates | 35% |
| Minimum Qualifying Marks (Personal Interview) – Reserved Candidates | 45% |
| Minimum Qualifying Marks (Personal Interview) – Unreserved Candidates | 50% |
| Minimum Aggregate (Online Exam + Interview combined) – Reserved Candidates | 30% |
| Minimum Aggregate (Online Exam + Interview combined) – Unreserved Candidates | 35% |
As per the official notification, the candidate must have proficiency (reading, writing and speaking) in the Local Language of the State applied for. Candidates shortlisted for the Personal Interview will be required to qualify the Language Proficiency Test, failing which they will not be allowed to appear for the Personal Interview, and their candidature will not be considered for further selection.
As per the Official IOB LBO Recruitment Notification 2026-27
A merit list of candidates, based on marks obtained in the online examination, is prepared in descending order for the respective categories, and candidates must have qualified the LPT (wherever applicable). Candidates securing the minimum qualifying marks in the online examination and LPT (wherever applicable) are called for the Personal Interview based on Bank requirements.
| Criteria | Details |
|---|---|
| Interview Marks | 100 |
| Minimum Qualifying Marks – Reserved | 45% |
| Minimum Qualifying Marks – Unreserved | 50% |
| Interview Mode | Physical or Online Mode (Video Conference), at any Centre(s) across India as desired by the Bank |
As per the Official IOB LBO Recruitment Notification 2026-27
As per the official notification, the final selection is calculated as follows:
The official notification does not disclose any normalisation formula or tie-breaking rule for candidates with equal scores; this article does not assume or invent such details.
Key points every IOB LBO 2026 candidate should keep in mind
Common IOB LBO Exam Pattern & Selection Process 2026 questions, answered as per the Official IOB LBO Notification
Disclaimer: Candidates should always read the latest Official IOB Notification before applying. RajDailyTools publishes recruitment information only after verification from official sources. If any discrepancy is found, the Official IOB Notification shall prevail.
Explore complete details of the IOB Local Bank Officer Recruitment 2026-27 including vacancies, eligibility, exam pattern, selection process and application fee on the official IOB careers page.