PSB LBO Recruitment 2026 – 1000 Local Bank Officer Vacancies | Apply Online, Eligibility, Last Date

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Overview of Punjab & Sind Bank Vacancy 2026 – Great news for Graduates with Banking Experience

PSB LBO Recruitment 2026–Punjab & Sind Bank, a Government of India Undertaking, has announced a recruitment drive for 1000 Local Bank Officers (LBO) in JMGS I. This is a lateral recruitment opportunity for Indian job aspirants looking for Bank Jobs. Interested candidates applying for Punjab & Sind Bank Recruitment 2026 must be graduate and the basic salary will be ₹48,480 – ₹85,920 (Basic Pay)

PSB LBO Recruitment 2026 – Quick Summary

PSB LBO Recruitment 2026– Important dates

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Punjab & Sind Bank Recruitment 2026 -State-wise Vacancies

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PSB LBO Recruitment 2026-Salary and Pay Scale

The selected candidates for Officer JMGS I will receive a pay scale of ₹48,480-2,000/7-62,480-2,340/2-67,160-2,680/7-85,920. Local Bank Officers (LBOs) will join at the initial scale plus 3 increments. Other benefits include DA, HRA, Leased Accommodation, CCA, Medical, and LTC as per rules.

Educational Qualification (As on 20.04.2026) –Punjab & Sind Bank Recruitment 2026

• Degree (Graduation) in any discipline from a recognized University.
• Candidates must possess a valid Mark-sheet/Degree Certificate at the time of registration.
• Work Experience: Minimum 18 Months of post-qualification experience as an Officer in any Scheduled Commercial Bank or Regional Rural Bank (listed in RBI Second Schedule).

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Age Limit (As on 01.03.2026)

• Minimum Age: 20 years.
• Maximum Age: 30 years.
• Date of Birth: Must be born between 02.03.1996 and 01.03.2006 (both dates inclusive).

Upper Age Relaxation:

• SC/ST: 5 years.
• OBC (Non-Creamy Layer): 3 years.
• PwBD: 10 years.
• Ex-Servicemen: 5 years.
• Persons affected by 1984 riots: 5 years.

PSB LBO Recruitment 2026 Selection Steps

The selection process for Local Bank Officers involves the following stages:

• Written Test: An online objective exam for 120 marks.
• Screening: Shortlisting based on eligibility and experience.
• Personal Interview: Weightage of 30% in the final merit list.
• Proficiency in Local Language: A mandatory test for reading, writing, and understanding the specified local language of the applied state.
• Final Merit List: Based on Written Test (70% weightage) and Interview (30% weightage).

Application Fee

• SC/ST/PwD: ₹100 + Applicable Taxes + Gateway Charges.
• General/EWS/OBC: ₹850 + Applicable Taxes + Gateway Charges.
• Payment Mode: Online only (Debit/Credit Card, Net Banking, etc.).

PSB LBO Recruitment 2026-Applcaition Procedure

• Visit the official Punjab & Sind Bank website: https://punjabandsind.bank.in/.
• Go to the “Recruitment” link on the Home Page and click on the LBO Recruitment notification.
• Register yourself and fill out the online application form carefully.
• Keep scanned documents like Photo, Signature, Left Thumb Impression, and Hand-written Declaration ready.
• Upload the required documents including Resume, ID Proof, and Experience Certificates in PDF format.
• Pay the application fee online.
• Submit the form and take a printout of the system-generated application for future reference.

Important Links- Punjab & Sind Bank Vacancy 2026

Frequently Asked Questions (FAQs)

Q: What is the last date to apply for PSB LBO Recruitment 2026?

A: The last date to submit the online application and pay the fee is 20.04.2026.

Q: Can freshers apply for this post?

A: No, a minimum of 18 months of experience as an officer in a Scheduled Commercial Bank or RRB is mandatory.

Q: Is there a bond for the Local Bank Officer post? A: Yes, selected candidates must sign a service bond for 3 years with a bond amount equal to 3 months’ gross salary.

Q: What is the probation period?

A: The probation period for the JMGS-I post is 6 months.

Q: What is the CIBIL score requirement?

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

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