Short Detail:
Union Bank of India has released the notification for Wealth Managers (Specialist Officers) Recruitment 2025 for a total 250 posts. Candidates who meet the required qualifications and are interested in applying for the Wealth Manager Vacancy 2025 can submit their applications online from August 5, 2025 to August 25, 2025. For details about eligibility, vacancies, selection process, pay scale, and more, please refer to the full notification below
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Union Bank Of India
Union Bank Wealth Manager Recruitment 2025
Important Dates
- Application Start Date: 05/08/2025
- Last Date To Apply: 25/08/2025
- Last Date Of Fee Payment: 25/08/2025
- Form Correction Date: N/A
- Admit Card Date: Before the exam
- Exam Date: Notify Soon
Application Fees
- General / OBC / EWS: ₹1180/-
- SC / ST / PH: ₹177/-
- Pay the application fees online using debit card, credit card, net banking or UPI
Age Limit
Age As On Date: 01/08/2025
- Min Age: 25 Years
- Max Age: 35 Years
- Age relaxation extra is applicable as per the rules of Union Bank Of India Wealth Manager Recruitment
Age Relaxation
Category | Age Relaxation |
---|---|
SC / ST | 5 years |
OBC (Non-Creamy Layer) | 3 years |
PwBD (VI/HI/OC/ID/Multiple) with ≥40% permanent disability | 10 years |
Ex-Servicemen / Commissioned Officers (ECOs/SSCOs) with ≥5 years service, released before/within 1 year of notification date | 5 years |
Persons affected by 1984 riots | 5 years |
Vacancy Details
Total Posts: 250
Category | Total Posts |
---|---|
SC | 37 |
ST | 18 |
OBC | 67 |
EWS | 25 |
UR | 103 |
Total | 250 |
Eligibility Details
- Education: Full-time 2-year MBA/MMS/PGDBA/PGDBM/PGPM/PGDM from a Govt.-recognized/approved institute.
- Experience: Minimum 3 years post-qualification experience in Wealth Management as Officer/Manager.
- Accepted Sectors: Public/Private/Foreign Banks, Broking Firms, Securities Firms, Asset Management Companies.
Note:
- MBA – Master of Business Administration
- MMS – Master of Management Studies
- PGDBA – Post Graduate Diploma in Business Analytics
- PGDBM – Post Graduate Diploma in Business Management
- PGPM – Post Graduate Program in Management
- PGDM – Post Graduate Diploma in Management
Salary Details
- Starting basic pay ₹64,820 per month.
- After 1 year: increase by ₹2,340 to ₹67,160.
- Then yearly increase of ₹2,680 for the next 10 years, reaching up to ₹93,960 per month (basic pay only, excluding allowances).
Selection Procedure
1. Online Examination
Structure:
Part | Subject | Questions | Marks | Duration |
---|---|---|---|---|
I | Quantitative Aptitude | 25 | 25 | 75 mins (total for Part I) |
Reasoning | 25 | 25 | ||
English Language | 25 | 25 | ||
II | Professional Knowledge (relevant to post) | 75 | 150 | 75 mins |
- Total: 150 Questions | 225 Marks | 150 Minutes (2 hr 30 min)
- Language: Quantitative, Reasoning & Professional Knowledge – English & Hindi; English Language – English only.
- Negative Marking: 0.25 marks per wrong answer.
- Qualifying Marks: Fixed by the Bank.
- Call Letter & ID Proof required to appear.
2. Group Discussion (GD)
- Max Marks: 50
- Qualifying Marks: 25 (Gen/EWS), 22.5 (SC/ST/OBC/PwBD)
- Participation doesn’t guarantee PI call.
3. Personal Interview (PI)
- Max Marks: 50
- Qualifying Marks: 25 (Gen/EWS), 22.5 (SC/ST/OBC/PwBD)
- Called based on merit in Online Test/GD as applicable.
- In case of tie, older candidate ranks higher.
4. Final Selection
Depends on components conducted:
- Online Exam + PI: Aggregate marks of both.
- PI only: PI marks.
- GD + PI (no exam): Aggregate of both.
- Exam + GD + PI: Aggregate of all three.
Important Notes:
- Eligibility verified before final selection.
- Must qualify separately in each stage.
- Generally, PI call ratio is 1:3 per vacancy (Bank may change).
- Bank may skip Exam/GD and call directly for PI.
- Loan/Credit defaulters not eligible.
- If job profile doesn’t match Wealth Manager KRAs, application will be rejected.
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