Indian Overseas Bank (IOB) Invites Application for Direct Selling Agents or Loan Counselor Recruitment 2022

Indian Overseas Bank Chennai Last Date: 26th May, 2022
Official Update | Verified Information

Indian Overseas Bank Direct Selling Agents or Loan Counselor Recruitment 2022: Advertisement for the post of Direct Selling Agents or Loan Counselor in Indian Overseas Bank. Candidates are advised to read the details, and eligibility criteria mentioned below for this vacancy. The eligible candidates can submit their applications directly before 26 May 2022. Candidates can check the latest Indian Overseas Bank Recruitment 2022 Direct Selling Agents or Loan Counselor Vacancy 2022 details and apply online at the https://www.iob.in/ recruitment 2022 page.

Vacancy Circular No:

Indian Overseas Bank (IOB)
invites applications for recruitment of Direct Selling Agents or Loan Counselor

Direct Selling Agents or Loan Counselor

Job Location:


-, Chennai, - Tamil Nadu

Last Date: 26 May 2022
Employment Type: Full Time

Number of Vacancy: Posts

Recruitment 2022 Details
Company Indian Overseas Bank

Educational Qualification:
Empanelment Of Direct Selling Agents/ Loan Counselors

a. Indian Overseas Bank is soliciting application for Empanelling Direct Selling Agents (DSAs) for sourcing Home Loan& Vehicle Loan proposals. The DSAs will be expected to canvass Home loan/Vehicle loan business and submit loan applications of the prospective applicants to Bank.

b. Empanelled DSAs will not be the employees of the Bank and will be paid payout, as per Bank policy for mobilizing business. Empanelment and termination of DSA/Loan Counsellors will be at the sole discretion of the Bank.

c. Empanelment will be valid for 6 months from the date of agreement and further extension or otherwise is at the sole discretion of the Bank. Bank has the right to terminate the services of DSAs at any time before expiry of the period.

Pay Scale:
INR
NA

Age Limit: 18-68 Years.

Selection Procedure

Candidates will be selected based on written test/personal interview/medical test/ walk-in interview. Candidates will be shortlisted based on the given criteria.

How to Apply:

1. Walk-in Camp for Empanelment: 23rd May to 26th May of 2022.

Visit our nearest Branch/RO
Submit Application with supporting documents
Processing of Application by Bank
2. For details terms and conditions and to apply for empanelment, interested persons/agencies/firms may apply in the format available in Bank's website i.e. https://www.iob.in/Branch.aspx with all the necessary documents. Terms & Conditions Apply

Important Dates:

Published on: 16 May 2022

Last date for application is: 26 May 2022

For more details, please refer to official notification at

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About Indian Overseas Bank

Indian Overseas Bank (IOB) is a major Indian nationalised bank. It is under the ownership of Ministry of Finance, Government of India based in Chennai, India, with about 3,400 domestic branches, about 6 foreign branches and representative office. Founded in February 1937 by M. Ct. M. Chidambaram Chettyar with twin objectives of specialising in foreign exchange business and overseas banking, it has created various milestones in Indian Banking Sector. During the nationalisation, IOB was one of the 14 major banks taken over by the government of India. It is one of the two banks recommended for privatization by NITI ayog as per various news reports. As on 31 March 2021, IOB's total business stands at ₹379,885 crore (US$53 billion).


Official Address
Indian Overseas Bank 763 Anna Salai, Chennai - 600002
Chennai, Tamil Nadu - 600002
Contact Information