PSB Local Bank Officer Recruitment 2026 — 1000 Vacancies

About This Job

Punjab and Sind Bank (PSB) has released notification for 1000 Local Bank Officer (LBO) posts in Junior Management Grade Scale I (JMGS-I) across 17 states. Candidates who have a Graduation degree along with 18 months of banking officer experience can apply online. Last date to apply is 20 April 2026. Salary ranges from Rs. 48,480 to Rs. 85,920 per month plus three additional increments and allowances.

Punjab and Sind Bank LBO Recruitment 2026 - 1000 Posts

Punjab and Sind Bank (PSB), a Government of India Undertaking, has opened lateral recruitment for 1000 Local Bank Officers in JMGS-I scale. This is a state-wise recruitment where you can apply for only one state, and you need to be proficient in the local language of that state. This is a lateral entry drive, meaning you already need to be working as an officer in a Scheduled Commercial Bank or Regional Rural Bank. The final merit list carries 70% weightage for the written test and 30% for the personal interview, making it a balanced selection process for experienced banking professionals.

State-wise Vacancy Breakdown

• Uttar Pradesh: 200 posts (Hindi)
• Gujarat: 125 posts (Gujarati)
• Punjab: 100 posts (Punjabi)
• Chhattisgarh: 80 posts (Hindi)
• Odisha: 80 posts (Odiya)
• Tamil Nadu: 65 posts (Tamil)
• Karnataka: 60 posts (Kannada)
• Madhya Pradesh: 60 posts (Hindi)
• Maharashtra: 60 posts (Marathi)
• Assam: 50 posts (Assamese, Bodo, Garo)
• Telangana: 30 posts (Telugu)
• West Bengal: 30 posts (Bengali)
• Himachal Pradesh: 20 posts (Hindi)
• Arunachal Pradesh: 15 posts (English)
• Jharkhand: 10 posts (Hindi)
• Kerala: 10 posts (Malayalam)
• Nagaland: 5 posts (English)

Category-wise Breakdown (Total):

• SC: 145
• ST: 68
• OBC: 264
• EWS: 98
• UR (Unreserved): 425
• PwBD (VI): 9
• PwBD (HI): 12
• PwBD (OC): 9
• PwBD (MD/ID): 5

Who Can Apply?

• Qualification: You need a Graduation degree (Bachelor's degree) in any discipline from a university recognized by the Government of India. You must have your degree certificate or marksheet on the day of registration.
• Experience: You must have a minimum of 18 months of post-qualification branch experience as an officer in any Scheduled Commercial Bank or Regional Rural Bank (listed in the Second Schedule of RBI). The experience cut-off date is 20 April 2026.
• Local Language: You need to be proficient in reading, writing, and understanding the local language of the state you are applying for. A language proficiency test will be conducted before joining.
• Computer Knowledge: You should have working knowledge of computer operations.
• Credit History: You must maintain a healthy credit history with a minimum CIBIL score of 650 at the time of joining.
• Present employees of Punjab and Sind Bank are not eligible for this post.

Age Limit

• You should be between 20 and 30 years old as on 01 March 2026.
• You must have been born between 02 March 1996 and 01 March 2006 (both dates inclusive).
• SC/ST: 5 years relaxation (upper age limit 35 years)
• OBC (Non-creamy layer): 3 years relaxation (upper age limit 33 years)
• PwBD: 10 years relaxation (upper age limit 40 years)
• 1984 Riot-affected persons: 5 years relaxation
• Ex-Servicemen: 5 years relaxation

Salary

• Pay Scale: Rs. 48,480 - 2,000/7 - 62,480 - 2,340/2 - 67,160 - 2,680/7 - 85,920
• You will join at the initial pay of JMGS-I plus 3 additional increments in the scale of pay.
• Increments for acquiring JAIIB and CAIIB qualifications will be protected and the pay scale adjusted accordingly.
• You will also get DA, HRA (or Leased Accommodation), CCA, Medical, LTC, Terminal Benefits, and other perquisites as per prevailing bank rules.
• Probation Period: 6 months
• Service Bond: 3 years (bond amount equals 3 months' gross salary)

Application Fee

• SC / ST / PwBD: Rs. 100 + applicable taxes + payment gateway charges
• General / EWS / OBC: Rs. 850 + applicable taxes + payment gateway charges
• Payment mode: Online only (no cash, cheques, or demand drafts accepted)
• Fee is non-refundable

Selection Process

The selection will be done in the following stages:

1. Online Written Test: 120 objective-type questions for 120 marks in 120 minutes with sectional timing. Conducted in bilingual mode (English and Hindi, except the English section). Minimum qualifying marks are 40% for UR/EWS and 35% for reserved categories in each section.
2. Screening: Candidates will be shortlisted based on written test performance for the interview.
3. Personal Interview: Conducted at New Delhi. Call letters will be sent by email only.
4. Local Language Proficiency Test: Reading, writing, and understanding of the opted local language. Conducted before joining for provisionally selected candidates. If you have studied the local language up to 10th or 12th standard, you may be exempted from this test.
5. Final Merit List: Written test marks (out of 120) will be converted to 70 marks and interview marks (out of 50) will be converted to 30 marks. Final score = Written Test (70%) + Interview (30%) = 100 marks. Merit list will be prepared state-wise and category-wise.

How to Apply

1. Go to the Punjab and Sind Bank website at punjabandsind.bank.in.
2. Navigate to the Recruitment section and find the LBO notification.
3. Click on the registration link or go directly to ibpsreg.ibps.in/psbmar26/.
4. Click on "New Registration" and fill in your basic details.
5. Complete the online application form with your personal, educational, and experience details.
6. Upload your photograph, signature, thumb impression, hand-written declaration, and documents in the specified format (photo in JPG/JPEG, documents in PDF).
7. Pay the application fee online.
8. Submit and take a printout of your system-generated application form.

Important Dates

• Notification Date: 31 March 2026
• Online Application Start: 31 March 2026
• Last Date to Apply Online: 20 April 2026
• Last Date for Fee Payment: 20 April 2026
• Last Date for Application Editing: 20 April 2026
• Last Date for Printing Application: 05 May 2026
• Written Exam Date: To be announced
• Interview Date: To be announced

• Handle day-to-day banking operations at the branch level, including customer service and transaction processing.
• Manage loan processing, credit appraisal, and disbursement activities for retail and small business customers.
• Work on deposit mobilization, account opening, and cross-selling of bank products and services.
• Follow KYC/AML compliance norms and ensure all regulatory guidelines are met in daily operations.
• Assist in branch administration, cash management, and reconciliation of accounts.
• Prepare reports on branch performance, NPA management, and customer grievance resolution.
• Monitor and recover overdue loans, follow up with borrowers, and maintain asset quality.
• Manage digital banking initiatives and guide customers in using internet and mobile banking services.