IPPB COO Recruitment 2026

1. Important Registration Dates

Candidates must ensure they complete their online application process within the specified window to be considered for the position.

2. Post Details & Contract Tenure

The recruitment is purely on a contractual basis to spearhead IPPB’s nationwide operations from its headquarters.

• Name of the Post: Chief Operating Officer (COO).
• Category: UR (Unreserved).
• Tenure: The initial engagement is for 3 years. Based on an annual performance review, it may be extended by another 2 years. (Maximum total tenure: 5 years).
• Place of Posting: Corporate Office, New Delhi. (However, IPPB retains the right to post the selected candidate anywhere in India).

3. Eligibility Criteria (Age, Education & Experience)

Note: The cut-off date for determining all eligibility criteria (Age, Qualifications, Experience) is 01.04.2026.

A. Age Limit

• The candidate must be not less than 40 years and not more than 55 years of age.

B. Educational Qualification

• Mandatory: A full-time regular Bachelor's Degree or an equivalent qualification with a minimum of 55% marks from an Institute/University recognized by the Government of India.
• Advantageous: Graduates from IITs or other Institutes of National/Distinguished Importance.
• Desirable: MBA/PGDM/PGDBM in Finance or a Post Graduate Degree in Statistics, Mathematics, Economics, or Econometrics. Professional certifications like CAIIB, FRM, PRM, CAMS, or Six Sigma will be highly preferred.

C. Post Qualification Work Experience

• Must have at least 18 years of comprehensive experience in Banks or Financial Institutions.
• Out of this, a minimum of 10 years must be specifically dedicated to handling Operations or Business Processes of a Bank/Financial Institution.
• Critical Clause: Within the last five (5) years, the candidate must have held a position no more than two (2) levels below the MD & CEO of a Public Sector or Private Sector Bank/FI, for at least two (2) years.

4. Key Responsibilities & Job Profile

The Chief Operating Officer will report directly to the MD & CEO of IPPB. The primary responsibilities encompass a broad spectrum of strategic and operational duties, including:

• Leading end-to-end Bank operations: customer/merchant onboarding, service delivery, grievance redressal, and back-office functions.
• Ensuring seamless operational alignment with the Department of Posts (DoP) and Government of India initiatives, notably Direct Benefit Transfer (DBT) operations.
• Spearheading digital transformation initiatives within Operations, driving automation to enhance efficiency and mitigate risks.
• Designing, implementing, and refining the Operations Governance Framework, SOPs, controls, and quality standards.
• Ensuring strict regulatory and statutory compliance across all operational units, preparing for internal/external audits.

5. Selection Procedure

IPPB employs a rigorous, multi-tiered selection process to identify the most suitable candidate for this critical leadership role.

1. Shortlisting: A preliminary screening of applications based on qualifications, experience, and overall profile will determine the candidates invited for the next stages.
2. Psychometric Test: Shortlisted candidates will undergo a test to assess critical competencies such as strategic execution, people management, risk awareness, and resilience. This score will be mathematically converted to be out of 100.
3. Interview: An interview carrying 100 marks will be conducted. Candidates must produce all relevant eligibility documents at this stage.
4. Final Scoring & Merit List: The final selection is based on a weighted evaluation of the Psychometric Test and Interview scores in a 25:75 ratio. A merit list of the top three (3) candidates will be prepared.
5. CTC Negotiation: The Bank will schedule a CTC negotiation meeting with the 1st Ranked candidate. The compensation offered will be competitive, market-aligned, and commensurate with industry standards. If the candidate declines, it will be considered a voluntary exit, and the waitlisted candidate will be approached.

6. Application Fee

Candidates are required to pay a non-refundable application fee to complete their registration.

• Application Fee: ₹ 750.00 (Rupees Seven Hundred Fifty only).
• The fee is inclusive of intimation charges and must be paid through online mode only via Debit/Credit cards, Internet Banking, IMPS, or Mobile Wallets/UPI.

7. Step-by-Step Guide to Apply Online

Interested and eligible candidates must submit their applications exclusively through the online portal. Follow these guidelines for a successful submission:

1. Document Preparation: Before applying, ensure you have scanned copies of your recent passport-style photograph (20kb-50kb), signature in black ink (10kb-20kb), left thumb impression (20kb-50kb), a specific hand-written declaration (50kb-100kb), and your updated Resume in PDF format (20kb-500kb).
2. Access the Portal: Visit the Bank's website at https://ippbonline.com/web/ippb/current-openings and click on "APPLY ONLINE".
3. Registration: Click "Click here for New Registration", enter your basic details, and note down the system-generated Provisional Registration Number and Password.
4. Fill the Application: Use the "SAVE AND NEXT" facility to carefully fill in your details. Warning: No changes will be allowed after clicking the COMPLETE REGISTRATION button. Ensure your graduation percentage is exact (no rounding off).
5. Upload Documents: Upload the required scans (Photo, Signature, Thumb Impression, Declaration, and Resume) following the strict dimensional and size specifications provided in the official notification.
6. Payment & Submission: Preview your application, click on COMPLETE REGISTRATION, proceed to the 'Payment' tab, and pay the ₹750 fee. Download and print the e-Receipt and final application form.

8. Important Direct Links

9. Frequently Asked Questions (FAQs)