Union Bank SO Recruitment 2025 has been officially announced for 250 Specialist Officer posts in the role of Wealth Manager under Middle Management Grade Scale II (MMGS II). This is an excellent career opportunity for professionals in wealth management to join one of India’s leading public sector banks with an attractive pay scale and perks.
Union Bank SO Recruitment 2025 – Overview
| Feature | Details |
|---|---|
| Bank Name | Union Bank of India |
| Post Name | Wealth Manager (Specialist Officer) |
| Grade | MMGS II |
| Pay Scale | ₹64,820 – ₹93,960 + Perks (Approx. ₹21 Lakh CTC in Mumbai) |
| Total Vacancies | 250 |
| Application Mode | Online |
| Apply Dates | 05 Aug 2025 – 25 Aug 2025 |
| Official Website | unionbankofindia.co.in |
Vacancy Details – Union Bank SO 2025
| Category | Vacancies |
|---|---|
| SC | 37 |
| ST | 18 |
| OBC | 67 |
| EWS | 25 |
| UR | 103 |
| Total | 250 |
Reservation as per Government & Bank rules, including PwBD quota.
Union Bank SO Recruitment 2025 – Eligibility Criteria
Nationality
- Indian citizen OR
- Eligible candidates from Nepal, Bhutan, Tibetan refugees (pre-1962), or PIOs from approved countries with eligibility certificate.
Age Limit (as on 01 Aug 2025)
- Minimum: 25 years
- Maximum: 35 years
- Relaxations: SC/ST – 5 years, OBC (NCL) – 3 years, PwBD – 10 years
Educational Qualification (as on 25 Aug 2025)
- 2-year full-time MBA/MMS/PGDBA/PGDBM/PGPM/PGDM from recognized institute
- Desirable: NISM/IRDAI/NCFM/AMFI certifications
Experience (as on 25 Aug 2025)
- Minimum 3 years post-qualification experience in Wealth Management at banks, broking firms, securities companies, or AMCs
Job Profile – Specialist Officer (Wealth Manager)
- Manage High Net-Worth Individual (HNI) client portfolios
- Promote investment & insurance products
- Conduct financial need analysis & risk profiling
- Increase TRV (Total Relationship Value) & AUM (Assets Under Management)
- Ensure 100% compliance & documentation accuracy
Salary, Perks & Bond – Union Bank SO Recruitment 2025
- Pay Scale: ₹64,820–2,340/1–67,160–2,680/10–93,960 (MMGS II)
- Approx. CTC: ₹21 Lakh/year (Mumbai) including allowances
- Probation: 2 years
- Bond: 3 years OR ₹2,50,000 penalty (plus tax) if resigned early
Application Fee
| Category | Fee (₹) |
|---|---|
| SC/ST/PwBD | ₹177 |
| Others | ₹1,180 |
Payable online; non-refundable.
Union Bank SO Recruitment 2025 – Selection Process
- Online Examination (150 questions, 225 marks, 150 mins)
- Group Discussion (50 marks) – Min. 25 to qualify
- Personal Interview (50 marks) – Min. 25 to qualify
Exam Pattern
| Section | Questions | Marks |
|---|---|---|
| Quantitative Aptitude | 25 | 25 |
| Reasoning | 25 | 25 |
| English Language | 25 | 25 |
| Professional Knowledge | 75 | 150 |
Negative marking: 0.25 per wrong answer
How to Apply – Union Bank SO 2025
- Visit unionbankofindia.co.in
- Go to Recruitments → Current Recruitment → Wealth Manager (SO)
- Click “Apply Online”
- Register & fill in details
- Upload required documents, photo & signature
- Pay application fee online
- Submit & print form for reference
Important Dates – Union Bank SO Recruitment 2025
| Event | Date |
|---|---|
| Online Application Start | 05 Aug 2025 |
| Last Date to Apply | 25 Aug 2025 |
| Exam/GD/PI Dates | To be announced |
Important Links
| Description | Link |
|---|
| Notification PDF | Download Here |
| Apply Online | Apply Now |
Key Highlights
- 250 Specialist Officer posts in Wealth Management at Union Bank of India
- Salary package up to ₹21 lakh CTC
- Online applications open till 25 August 2025
- Selection via Exam + GD + Interview