Punjab & Sind Bank, a government-owned public sector bank, has announced its 2025 recruitment drive to hire 110 Local Bank Officers (LBOs) in Junior Management Grade Scale-I (JMGS-I). This is a golden opportunity for graduates looking to build a career in the banking sector with one of India’s reputed financial institutions.
Overview of Punjab & Sind Bank Recruitment 2025
- Employer: Punjab & Sind Bank (Government of India Undertaking)
- Post: Local Bank Officer (LBO) – JMGS-I
- Total Vacancies: 110
- Job Type: Permanent
- Application Mode: Online
- Selection Process: Written Exam & Interview
- Official Website: punjabandsindbank.co.in
State-Wise Vacancies
Punjab & Sind Bank has distributed the 110 vacancies across various states. Below is the state-wise breakdown of the openings:
| State | Vacancies |
|---|---|
| Arunachal Pradesh | 5 |
| Assam | 10 |
| Gujarat | 30 |
| Karnataka | 10 |
| Maharashtra | 30 |
| Punjab | 25 |
Note: Candidates can apply for vacancies in only one state, and knowledge of the local language is mandatory.
Eligibility Criteria
1. Nationality
Candidates must be:
- A citizen of India, or
- A subject of Nepal/Bhutan, or
- A Tibetan refugee settled in India before January 1, 1962, or
- A person of Indian origin who migrated from Pakistan, Sri Lanka, East African countries, Vietnam, etc.
2. Age Limit (as of 01.02.2025)
- Minimum Age: 20 years
- Maximum Age: 30 years
Age Relaxation
| Category | Relaxation |
|---|---|
| SC/ST | 5 years |
| OBC (Non-Creamy Layer) | 3 years |
| PwBD | 10 years |
| 1984 Riot-Affected Persons | 5 years |
| Ex-Servicemen | 5 years |
Educational Qualification & Experience
| Post | Qualification | Work Experience |
|---|---|---|
| Local Bank Officer (LBO) | Graduation (any discipline) from a recognized university | 18+ months of experience as an Officer in a Public Sector Bank or Regional Rural Bank |
- Minimum qualifying percentage: Candidates must enter their CGPA/Percentage as per their university’s grading system.
- Freshers are NOT eligible.
Selection Process
The Punjab & Sind Bank LBO recruitment process consists of:
- Online Written Exam
- Screening Process
- Personal Interview
- Final Merit List
- Local Language Proficiency Test
Exam Pattern (Online Written Test)
| Section | Questions | Marks | Duration |
|---|---|---|---|
| English Language | 30 | 30 | 30 min |
| Banking Knowledge | 40 | 40 | 40 min |
| General Awareness & Economy | 30 | 30 | 30 min |
| Computer Aptitude | 20 | 20 | 20 min |
| Total | 120 | 120 | 120 min |
- Qualifying Marks:
- General/EWS: 40%
- SC/ST/OBC/PwBD: 35%
- Final Merit List Weightage:
- Written Exam: 70%
- Interview: 30%
Salary, Perks, and Benefits
| Position | Basic Pay (₹) | Gross Monthly Salary (₹) | Annual CTC (₹) |
|---|---|---|---|
| LBO (JMGS-I) | 48,480 | 68,920+ | 8,26,000+ |
Additional Benefits:
- Dearness Allowance (DA) & House Rent Allowance (HRA)
- Leased Accommodation/Official Housing
- Medical Benefits, LTC, Pension & Gratuity
- Performance-Based Incentives
Application Process
Eligible candidates can apply online on the official website before 28.02.2025.
How to Apply Online?
- Visit: punjabandsindbank.co.in.
- Click on “Careers” and select LBO Recruitment 2025.
- Register with an active email ID & mobile number.
- Fill the online application form with correct details.
- Upload required documents (photo, signature, ID proof, certificates).
- Pay the application fee using online banking, credit/debit card, or UPI.
- Submit the application and download the confirmation receipt.
Application Fees
| Category | Application Fee (₹) |
|---|---|
| General/OBC/EWS | 850 + Taxes |
| SC/ST/PwBD | 100 + Taxes |
Important Dates
| Event | Date |
|---|---|
| Online Application Start Date | 07.02.2025 |
| Last Date to Apply | 28.02.2025 |
| Admit Card Release | To be announced |
| Online Exam Date | To be announced |
| Interview Date | To be announced |
📢 Don’t miss out! Apply before February 28, 2025!
Current Affairs & Banking FAQs for Punjab & Sind Bank Exam
- What is India’s GDP growth rate forecast for 2024-25 according to the Reserve Bank of India (RBI)?
- a) 6.0%
- b) 6.5%
- c) 7.2%
- d) 5.8%
- Which country recently became India’s largest trading partner?
- a) UAE
- b) China
- c) USA
- d) Germany
- What is the repo rate set by the RBI in its latest monetary policy review (February 2024)?
- a) 6.75%
- b) 6.25%
- c) 6.50%
- d) 7.00%
- Which Indian bank recently introduced the country’s first AI-powered banking services?
- a) HDFC Bank
- b) SBI
- c) ICICI Bank
- d) Punjab National Bank
- Who is the current CEO & MD of Punjab & Sind Bank (as of 2024)?
- a) Swaroop Kumar Saha
- b) Dinesh Kumar Khara
- c) Atul Kumar Goel
- d) Sandeep Bakhshi
- Which financial institution regulates commercial banks in India?
- a) SEBI
- b) RBI
- c) NITI Aayog
- d) Finance Ministry
- Which digital payment system in India recently surpassed 100 billion transactions in a year?
- a) Paytm
- b) UPI
- c) NEFT
- d) RTGS
- What is the current minimum balance requirement for a Basic Savings Bank Deposit (BSBD) account?
- a) No minimum balance required
- b) ₹500
- c) ₹1,000
- d) ₹2,000
- Which country is hosting the G20 Summit in 2024?
- a) Italy
- b) Brazil
- c) India
- d) Canada
- Which Indian bank has the highest market capitalization in 2024?
- a) HDFC Bank
- b) SBI
- c) ICICI Bank
- d) Axis Bank
- Which company recently became India’s most valuable startup?
- a) Swiggy
- b) Byju’s
- c) PhonePe
- d) Zomato
- What is the new withdrawal limit for UPI Lite transactions as per the latest NPCI update?
- a) ₹500
- b) ₹1,000
- c) ₹2,000
- d) ₹5,000
- Which Indian city will host the 2036 Olympic Games (as per the ongoing bid process)?
- a) Ahmedabad
- b) Mumbai
- c) New Delhi
- d) Hyderabad
- What is the target fiscal deficit set by the Indian government for 2024-25?
- a) 5.0%
- b) 4.5%
- c) 5.1%
- d) 6.2%
- What is the maximum deposit insurance coverage provided by the DICGC for Indian bank account holders?
- a) ₹5 lakh
- b) ₹5 lakh per depositor per bank
- c) ₹10 lakh
- d) ₹1 lakh
- Which international organization recently approved India’s GIFT City as a global financial hub?
- a) IMF
- b) World Bank
- c) WTO
- d) ADB
- Which payment service was recently integrated into WhatsApp for UPI transactions?
- a) PayU
- b) Razorpay
- c) Juspay
- d) Pine Labs
- Who won the 2024 ICC Men’s T20 World Cup?
- a) Australia
- b) India
- c) England
- d) South Africa
- What is India’s rank in the Global Innovation Index 2024?
- a) 30th
- b) 40th
- c) 42nd
- d) 50th
- Which bank launched the ‘Har Payment Digital’ campaign to promote digital transactions?
- a) ICICI Bank
- b) RBI
- c) Punjab & Sind Bank
- d) NPCI
