Indbank Merchant Banking Services Limited (IBMBS Ltd.), a subsidiary of Indian Bank, has released Advertisement No. Adv/2026/07 dated 10 August 2026 inviting applications for 14 posts – 8 Relationship Manager and 6 Dealer for Stock Broking Terminals. IBMBS Ltd. is engaged in stock broking, depository participant activities, distribution of mutual funds and other investment products, merchant banking and advisory services. The posts are spread across 14 cities including Ahmedabad, Bengaluru, Chennai, Hyderabad, Kolkata, Lucknow, New Delhi, Tirunelveli, Bhubaneswar, Delhi, Tiruppur, Tiruvannamalai and Varanasi. Selection is through a Personal Interview only. Applications must be submitted by Courier or Registered Post or by sending a scanned copy to the recruitment email address provided in the official notification, so that they are received by 31 August 2026. Please note this is a public sector company recruitment, not a Central or State Government service.
Important Note: Three things every applicant must settle before applying. First, the cut-off date for age, qualification and experience is 1 July 2026 – not the application date or the notification date. If you completed your MBA, gained the required experience, or fell within the age band only after 1 July 2026, you are not eligible. Second, the notification does not specify age relaxation for any category – SC, ST, OBC, PwD and Ex-Servicemen candidates are not shown any relaxation in the advertisement. Verify from the official notification on indbankonline.com before assuming any benefit applies. Third, only candidates selected after screening will be called for the interview by email – SSSC will not send a physical call letter, and the email will go to the address you provide in the application form, so use a valid, regularly checked email ID. Keep an eye on your inbox and spam folder from the time you submit your application.
Indbank Recruitment 2026 – Overview
| Particulars | Details |
|---|---|
| Organisation | Indbank Merchant Banking Services Limited (IBMBS Ltd.) |
| Parent Entity | Subsidiary of Indian Bank (nationalised bank) |
| Advertisement No. | Adv/2026/07 |
| Notification Date | 10 August 2026 |
| Posts | Relationship Manager, Dealer for Stock Broking Terminals |
| Total Vacancies | 14 (8 Relationship Manager + 6 Dealer) |
| Qualification | MBA in Marketing or Finance (Relationship Manager); Graduation with NISM qualifications (Dealer) |
| Experience | Minimum 2 years (Relationship Manager); minimum 1 year in dealing (Dealer) |
| Age Limit | 25 to 35 years (Relationship Manager); 21 to 35 years (Dealer) |
| Cut-off Date | 1 July 2026 (for age, qualification and experience) |
| Application Fee | Not specified in the notification |
| Selection Process | Screening of applications followed by Personal Interview |
| Application Mode | Courier or Registered Post, or scanned copy by email |
| Last Date | 31 August 2026 (application must be received) |
| Official Website | indbankonline.com |
Important Dates
| Event | Date |
|---|---|
| Notification Date | 10 August 2026 |
| Cut-off Date (age, qualification, experience) | 1 July 2026 |
| Last Date for Receipt of Application | 31 August 2026 |
| Interview Date | Communicated by email to shortlisted candidates only |
Vacancy Details
| S. No. | Post | Vacancies |
|---|---|---|
| 1 | Relationship Manager | 8 |
| 2 | Dealer for Stock Broking Terminals | 6 |
| Total | 14 |
Category-wise reservation or breakup is not specified in the official notification.
Posting Locations
| Post | Cities |
|---|---|
| Relationship Manager | Ahmedabad, Bengaluru, Chennai, Hyderabad, Kolkata, Lucknow, New Delhi, Tirunelveli |
| Dealer for Stock Broking Terminals | Ahmedabad, Bhubaneswar, Delhi, Tiruppur, Tiruvannamalai, Varanasi |
Eligibility Criteria
| Post | Educational Qualification | Experience | Age Limit |
|---|---|---|---|
| Relationship Manager | MBA in Marketing or Finance from a reputed university. NISM certification or equivalent capital market qualification is preferred | Minimum 2 years in stock broking, wealth management, mutual funds, debt instruments or related areas | 25 to 35 years as on 1 July 2026 |
| Dealer for Stock Broking Terminals | Graduation with NISM qualifications | Minimum 1 year experience in dealing | 21 to 35 years as on 1 July 2026 |
All qualifications must be from a University, Institution or Board recognised by the Government of India or approved by the appropriate regulatory bodies. Only experience relevant to the post is considered for determining eligibility. Age relaxation for reserved categories is not specified in the notification.
Compensation
| Post | Annual Compensation | Additional |
|---|---|---|
| Relationship Manager | Rs. 4.00 lakh to Rs. 5.00 lakh per annum | Performance-linked incentive depending on individual performance |
| Dealer for Stock Broking Terminals | Rs. 4.20 lakh per annum | Performance-linked incentive depending on individual performance |
Application Fee
| Category | Fee |
|---|---|
| All candidates | Not specified in the notification |
Verify from the official notification PDF on indbankonline.com before applying.
Selection Process
| Stage | Details |
|---|---|
| 1. Application Screening | A Screening Committee screens all applications received to identify eligible candidates |
| 2. Shortlisting | Only candidates meeting the eligibility criteria are selected for the interview |
| 3. Intimation | Shortlisted candidates are informed by email only at the email address provided in the application |
| 4. Personal Interview | Conducted by a Committee of the company |
| 5. Final Selection | Based on interview performance and the Committee’s assessment |
Admission to the Personal Interview is provisional and without prior verification of documents. Candidates must produce original certificates of educational qualification, experience, age and other eligibility requirements at the time of the interview. Failure to produce originals leads to cancellation of candidature.
Documents Required
At the time of application, attach copies of:
- Educational qualification certificates
- Experience certificates
- Age proof
At the time of interview, produce originals of:
- Educational qualification certificates
- Experience certificates
- Age proof
- NISM certification or capital market qualification certificates
- Any other document supporting the eligibility details in the application
The notification does not publish an exhaustive document checklist. Follow the application form and the official notification for the complete list.
How to Apply for Indbank Recruitment 2026
- Visit the official Indbank website – Click Here
- Go to the Careers section and download the official notification PDF and the prescribed application form.
- Read the notification carefully and verify your eligibility against the cut-off date of 1 July 2026.
- Fill the application form completely with all required details.
- Attach self-attested copies of educational qualification, experience and age certificates.
- Option A – Post: Send the duly filled application with enclosures by Courier or Registered Post to: Head Administration, Indbank Merchant Banking Services Limited, No. 480, 1st Floor, Khivraj Complex I, Anna Salai, Nandanam, Chennai – 600 035.
- Option B – Email: Send a scanned copy of the duly filled application with all enclosures to the recruitment email address printed in the official notification PDF available at indbankonline.com. (The email address is in the official notification – download it from the Careers section of indbankonline.com.)
- Ensure the application reaches Indbank by 31 August 2026.
Important Instructions
- This is a public sector company (subsidiary of Indian Bank). It is not a Central or State Government department. Service conditions are governed by the company’s own rules and contract terms, not by Government service rules.
- The cut-off date for age, qualification and experience is 1 July 2026. Eligibility is determined as on that date, not as on the notification date or the application date.
- No age relaxation for any category is specified in the notification.
- The company can reject an application at any stage if the candidate is found ineligible.
- If incorrect or false information is submitted or material facts are suppressed, candidature may be cancelled at any stage, and if detected after appointment, the contract may be terminated.
- Only shortlisted candidates are informed about the interview, by email only. Use a valid and regularly checked email address in the application. No general merit list or shortlist is published.
- The company will not be responsible for applications lost in transit. Send by Registered Post and retain proof of despatch.
- The company reserves the right to alter, modify or change the eligibility criteria or any other terms and conditions of the advertisement.
- The company’s decision on eligibility, scrutiny, interview and selection is final and binding.
- Any dispute arising from the advertisement is subject to the jurisdiction of courts in Chennai only.
- All updates will be published on indbankonline.com.
Important Links
| Description | Link |
|---|---|
| Official Notification PDF | Click Here |
| Indbank Official Website and Careers Section | Click Here |
Indbank Recruitment 2026 – FAQs
Q1. What is Indbank Recruitment 2026?
✅ It is a recruitment notification (Adv/2026/07 dated 10 August 2026) issued by Indbank Merchant Banking Services Limited (IBMBS Ltd.), a subsidiary of Indian Bank, for 14 posts – 8 Relationship Manager and 6 Dealer for Stock Broking Terminals – across 14 cities in India.
Q2. Is this a government job?
✅ Not strictly. Indbank Merchant Banking Services Limited is a public sector company and a subsidiary of Indian Bank (a nationalised bank under the Government of India). It is not a Central or State Government department. Service is governed by the company’s own contract terms, not by Government service rules. Candidates should factor this in before applying.
Q3. What is the last date to apply?
✅ The application must be received by Indbank on or before 31 August 2026. Send by Courier or Registered Post well in advance, since the company is not responsible for applications lost or delayed in transit.
Q4. What qualification and experience are required?
✅ For Relationship Manager: MBA in Marketing or Finance from a reputed university, plus minimum 2 years of experience in stock broking, wealth management, mutual funds or related fields. NISM certification is preferred. For Dealer for Stock Broking Terminals: Graduation with NISM qualifications, plus minimum 1 year of experience in dealing. All qualifications and experience are reckoned as on 1 July 2026.
Q5. What is the age limit?
✅ 25 to 35 years for Relationship Manager and 21 to 35 years for Dealer for Stock Broking Terminals, both as on 1 July 2026. The notification does not specify any age relaxation for SC, ST, OBC, PwD, Ex-Servicemen or any other category.
Q6. What is the compensation?
✅ Relationship Manager receives Rs. 4.00 lakh to Rs. 5.00 lakh per annum. Dealer for Stock Broking Terminals receives Rs. 4.20 lakh per annum. Both posts carry a performance-linked incentive in addition, depending on individual performance.
Q7. What is the selection process?
✅ A Screening Committee screens all applications and shortlists eligible candidates. Shortlisted candidates are called for a Personal Interview by email only. Final selection is by the company’s Committee based on interview performance. There is no written test.
Q8. How do I apply?
✅ Download the application form from indbankonline.com. Fill it, attach copies of supporting documents, and send it by Courier or Registered Post to Head Administration, Indbank Merchant Banking Services Limited, No. 480, 1st Floor, Khivraj Complex I, Anna Salai, Nandanam, Chennai – 600 035. Alternatively, send a scanned copy by email to the recruitment email address printed in the official notification PDF. The application must reach Indbank by 31 August 2026.
Q9. Will I be informed even if I am not shortlisted?
✅ No. Only candidates who are shortlisted for the Personal Interview are informed, and that too by email only. No general shortlist is published, and the company does not communicate with candidates who are not selected for the interview.
Q10. Where are the posting locations?
✅ Relationship Manager posts are at Ahmedabad, Bengaluru, Chennai, Hyderabad, Kolkata, Lucknow, New Delhi and Tirunelveli. Dealer posts are at Ahmedabad, Bhubaneswar, Delhi, Tiruppur, Tiruvannamalai and Varanasi. One city is listed for each of the 14 vacancies; specific city allotment details are in the official notification.
Disclaimer
The information above relates to Advertisement No. Adv/2026/07 dated 10 August 2026 issued by Indbank Merchant Banking Services Limited (IBMBS Ltd.), a subsidiary of Indian Bank, for 14 posts of Relationship Manager and Dealer for Stock Broking Terminals, as published on the official Indbank website indbankonline.com. Indbank Merchant Banking Services Limited is a public sector company and not a Central or State Government department. The official notification PDF on indbankonline.com is the sole authoritative source for all eligibility conditions, posting details, application procedure, recruitment email address and other terms. The cut-off date for age, qualification and experience is 1 July 2026. No age relaxation for any category is specified in the advertisement. All disputes are subject to the jurisdiction of courts in Chennai. All links above lead only to the official Indbank website.
