IOB 2021 Jobs Recruitment Notification of FLC Posts


Indian Overseas Bank 2021 Jobs Recruitment Notification. IOB inviting applications for the positions of Financial Literacy Counselor. Interested and Eligible candidates can apply for the positions.

Last Date for Submission of Application is on 15th October, 2021.

No.of Posts and Vacancies :-

Financial Literacy Counselor - 03 Posts

Job Location - Kochi

Education Qualification :

Invite Application for the post of Financial Literacy Counselor (FLC) on contract Basis for one year in Ernakulam Region for Nileswar Block ( kasargod), Pampady Block(Kottayam)and Kuttipuram Block(valanchery-Malappuram)

1. Post Name: Financial Literacy Counselor

2., No of Posts: 3

3. Eligibility:

a. Candidate Should be a Retired Bank Employee Should have retired on attaining superannuation or vrs Should be a resident of the same or nearby locality, in the same district.

b. Should be well conversant with the local language. 

c. Preference will be given to Graduate/Post Graduate from a UGC recognized University. But in the absence of prescribed educational qualification, minimum of 20 years of experience in banking field can be taken in to consideration for appointment. 

4. Experience:

a. Should possess sound Knowledge on Banking, Law and Finance with excellent communication and team building skills

b. Should have an unblemished service record and should be a person of high integrity and should possess satisfactory service certificate from the previous employer.

c. Should possess computer knowledge, especially in programmes like MS Word, Power Point Excel and should be able to browse internet to keep him updated. 

5. Prior Experience: Preference can be given to branch Managers/Agricultural Officer having worked in Rural Branches for at least 2 years. But in the absence of prescribed qualification, retired bank officers who have worked other than in rural branch also may considered.

6. Emoluments:

A consolidated amount of Rs.13000/- per month will be paid as remuneration package for Pampady and Kuttipuram and consolidated amount of Rs 15000/- per month will be paid for Nileswar. (In addition other said remuneration, the FLC will be paid a lump sum amount of Rs.2500/- month, towards mobile and conveyance charge on self-declaration. No other allowance/reimbursement of expenses will be admissible


Age should not exceed 65 years of the time of initial engagement


The Chief Regional Manager Indian Overseas Bank Regional Office Ernakulam Vettukattil Building MG Road Ernakulam-682016

Selection Procedure :

The eligible candidates will be called for written test and personal interview and the decision of the Bank in this regard shall be final.

How to Apply :

1. Last date of Receipt of Applications: 15.10.2021 Latest by 5.00 PM

2. Sealed covers containing self-attested copies of required documents and application format in prescribed format to be submitted to: The Chief Regional Manager Indian Overseas Bank Regional Office Ernakulam Vettukattil Building MG Road Ernakulam-682016

3. For any queries please mail us to

4. Eligible candidate should send their application along with attested copies of supporting certificated, which should reach to the given address within last date for submission.

Official Notification


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