Punjab and Sind Bank (PSB) is currently recruiting 750 Local Bank Officers (LBOs) in Junior Management Grade Scale I (JMGS-I).
The online application deadline has been extended to September 11, 2025. The written examination is scheduled for October 5, 2025.
The salary for LBOs ranges from ₹48,480 to ₹85,920.
Eligibility Criteria
- Educational Qualification: Graduation in any discipline from a recognized university.
- Work Experience: Minimum 18 months as an officer in a Public Sector Bank or Regional Rural Bank (experience in private banks, NBFCs, cooperative banks, or fintech firms is not considered).
- Age Limit: 20 to 30 years as of August 1, 2025.
- Language Proficiency: Mandatory proficiency in the local language of the state applied for.
- Application Fee: ₹850 for General/OBC/EWS candidates and ₹100 for SC/ST/PwBD candidates.
Selection Process
The selection involves a written examination, screening, a personal interview, and a local language proficiency test.
Punjab and Sind Bank Stock Information (as of last close, September 5, 2025)
- Current Price (NSE): ₹28.69
- Change: Up by ₹0.31 (+1.09%).
- Market Capitalization: ₹20,357.23 crores.
- P/E Ratio: 17.85.
- 52-Week High/Low: ₹58.18 / ₹25.22.
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