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Post Details
Name of the Post Punjab and Sind Bank LBO Recruitment 2026 – Apply Online for 1000 Posts
       
Recruitment Board Punjab & Sind Bank (PSB)
Advertisement No. PSB/LBO/2026-27
Post Date 02-04-2026
Start Date to Apply 2026-03-31
Last Date to Apply 2026-04-20
Brief Information

Punjab & Sind Bank (PSB), a premier Government of India Undertaking, has announced a massive recruitment drive for the post of Local Bank Officer (LBO) in Junior Management Grade Scale I (JMGS I). With 1000 vacancies spread across 17 states including Uttar Pradesh, Punjab, and Gujarat, this recruitment represents a significant opportunity for experienced banking professionals in India. As a public sector bank under the Ministry of Finance, Punjab & Sind Bank plays a vital role in India's financial inclusion and economic growth. The Local Bank Officer profile is designed to strengthen the bank's regional presence. Candidates appointed as LBOs are responsible for branch operations, credit appraisal, customer relationship management, and promoting digital banking products within their assigned state. Unlike Generalist Officers, LBOs are typically posted within the state they are recruited for, ensuring better local connect and service delivery. The selection process is rigorous, involving an Online Written Test, Screening of documents, and a Personal Interview, followed by a Local Language Proficiency Test. This lateral entry recruitment is crucial for the Indian banking sector as it brings in experienced talent to manage the expanding network of PSB branches. Eligible candidates with at least 18 months of officer-level experience in Scheduled Commercial Banks or Regional Rural Banks are encouraged to apply before the deadline to secure a stable and prestigious career in the government banking sector.
Application Fee
  • General / OBC / EWS: ₹850/- + GST/Charges
  • SC / ST / PwBD: ₹100/- + GST/Charges
  • Payment Method: Online through Debit Cards, Credit Cards, Internet Banking, IMPS, Cash Cards/ Mobile Wallets.
Age Limit
  • Minimum Age: 20 Years
  • Maximum Age: 30 Years (as on 01-03-2026)
  • Age Relaxation: SC/ST - 5 Years, OBC (NCL) - 3 Years, PwBD - 10 Years as per Govt. rules.
Qualification
  • Graduation in any discipline + 18 Months Banking Experience
Vacancy Details
S.No Post Name Total
1 Uttar Pradesh (Hindi) 200
2 Gujarat (Gujarati) 125
3 Punjab (Punjabi) 100
4 Chhattisgarh / Odisha / Tamil Nadu 225
5 Other States (Total) 350
Selection Process & Exam Pattern

1. Online Written Test (120 Marks)

The exam consists of 120 objective questions to be solved in 120 minutes.

  • English Language: 30 Questions
  • Banking Knowledge: 30 Questions
  • General Awareness/Economy: 30 Questions
  • Computer Aptitude: 30 Questions

2. Personal Interview (50 Marks)

Candidates are shortlisted in a 1:3 ratio for the interview. The final merit is calculated with 70% weightage for the written test and 30% for the interview.

3. Language Proficiency Test (LPT)

Mandatory for candidates who did not study the local language in 10th or 12th standard.
Salary & Service Bond Details

ParticularsDetails
Pay Scale (JMGS-I)₹48,480 – ₹85,920
Joining Increments3 Advance Increments at joining
Probation Period6 Months
Service BondEquivalent to 3 months gross salary
Bond Duration3 Years

Additional benefits include DA, HRA, Medical Aid, and LTC as per Bank rules.
Important Links
Download Syllabus & Exam Pattern Click Here
State-wise Vacancy Details Click Here
Apply Online Click Here
Notification Click Here
     
Official Website Click Here
Join Facebook Group Click Here
Join Telegram Channel Click Here
Tags Punjab and Sind Bank Recruitment 2026, PSB LBO Vacancy, Local Bank Officer Jobs, Bank Jobs in India, Lateral Entry Banking Recruitment
Punjab and Sind Bank LBO Recruitment 2026 – Apply Online for 1000 Posts - Frequently Asked Questions (FAQs)

Q: What is the minimum experience required for PSB LBO 2026?

A: Candidates must have a minimum of 18 months of experience as an Officer in any Scheduled Commercial Bank or Regional Rural Bank (RRB) as of 20-04-2026.

Q: Is there a specific CIBIL score requirement?

A: Yes, candidates must maintain a healthy credit history with a minimum CIBIL score of 650 or above at the time of joining.

Q: Can I apply for multiple states in this recruitment?

A: No, a candidate can apply for vacancies in only one state and must be proficient in the mandatory local language of that state.

Q: What is the selection weightage for the final merit list?

A: The final merit list is prepared based on a weightage of 70% for the Online Written Test and 30% for the Personal Interview.

Q: What are the job responsibilities of a Local Bank Officer?

A: LBOs handle branch banking operations, loan processing, customer service, and business development within their specific state/circle.

Q: When is the last date to apply for Punjab and Sind Bank LBO 2026?

A: The last date to submit the online application and pay the fee is 20th April 2026.