Union Bank of India, a leading public sector bank with presence across India and abroad, has released a detailed notification for the recruitment of 250 Specialist Officers in the post of Wealth Manager (MMGS II). The online application window opens on 05 August 2025 and closes on 25 August 2025. Candidates passionate about Wealth Management, with relevant qualifications and experience, are invited to apply for this lucrative banking sector opportunity.

मुख्य बातें (Key Highlights)

• कुल पद: 250 Wealth Manager (MMGS-II)
• आवेदन अवधि: 5 अगस्त 2025 से 25 अगस्त 2025
• पोस्टिंग: ऑल इंडिया ट्रांसफर/पोजिशनिंग
• सीटीसी: मुंबई केंद्र पर करीब ₹21 लाख (अन्य स्थानों पर भिन्न)
• आवेदन फीस:
  • SC/ST/PwBD: ₹177
  • Others: ₹1180 (GST सहित)

पद और वेतनमान (Post & Pay Scale)

Post	Scale / Grade	Basic Pay Scale	Total Vacancies
Wealth Manager	MMGS – II	₹64,820–₹93,960 (incremental)	250

Category-wise Breakup

Category	SC	ST	OBC	EWS	UR	Total	VI	HI	OC	MoD
Vacancies	37	18	67	25	103	250	3	3	2	2

PwBD – Persons with Benchmark Disability

पात्रता (Eligibility)

Nationality

• Indian citizen, or as specified in notification (Nepal, Bhutan, Tibetan Refugee before 1962, PIO with certain countries, given eligibility certificate).

आयु सीमा (As on 01.08.2025)

• Minimum: 25 Years
• Maximum: 35 Years
• Age Relaxation:
  • SC/ST: 5 years
  • OBC (Non-creamy): 3 years
  • PwBD: 10 years
  • Ex-Servicemen, 1984 Riot affected: 5 years

शैक्षणिक योग्यता एवं अनुभव (Educational Qualification & Work Experience)

Post	Min. Education	Work Experience
Wealth Manager	Full-time 2-year MBA/MMS/PGDBA/PGDM/PGPM (Govt. recognized Institute) Desirable: NISM/IRDAI/NCFM/AMFI certification	3 years post-qualification in Wealth Management as Officer/Manager in Banks/Broking/Securities/AMCs

• Only full-time, permanent positions considered.
• Detailed, certified work-profile to be furnished at interview.

Selection Process

Union Bank may conduct any of the following:

Stage	Maximum Marks	Qualifying Marks (GEN/EWS)	Qualifying Marks (Reserved)
Online Examination	225	As per bank discretion	As per bank discretion
Group Discussion	50	25	22.5
Personal Interview	50	25	22.5

Online Exam Structure

Test Name	Qs	Marks	Duration
Quantitative Aptitude	25	25	75 mins
Reasoning	25	25
English Language	25	25
Professional Knowledge (Wealth)	75	150	75 mins
Total	150	225	150 mins

• All except English: Bilingual (English & Hindi)
• 1/4th marks negative marking for wrong answers

Final Selection

• Based on aggregate marks in all conducted stages (Online Exam/GD/Interview).
• If only interview/group discussion, then that will be basis for the merit list.

सेवा शर्तें और प्रोबेशन (Probation & Bond)

• Probation Period: 2 years
• Service Bond: Minimum 3 years of service or pay ₹2,50,000 + GST if resigned early

आवेदन कैसे करें (How to Apply)

1. Visit Union Bank of India Website > Recruitment Page
2. Register via ‘Click here for New Registration’
3. Fill form, upload documents (photo, signature, thumb impression, hand-written declaration)
4. Pay online fees (debit/credit card, net banking, UPI, wallets)
5. Print Application and e-receipt

Important:

• One candidate—one application only
• Details once submitted cannot be changed
• All eligibility docs to be produced at interview

Click here for Notification

Exam Centers (Tentative Major Cities)

• All major states and union territories like Mumbai, Delhi-NCR, Kolkata, Bengaluru, Chennai, Hyderabad, Lucknow, Bhopal, Patna, Ahmedabad, Jaipur etc.

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