Post Name
Consultant for Information Technology Department on Contract Basis
Minimum Salary
Check official website or authority
Address
Chief General Manager (CDO & CLO), Indian Bank, Corporate Office, HRM Department, Recruitment Cell, B Wing, 2nd Floor, 254-260, Avvai Shanmugam Salai, Royapettah, Chennai, Chennai, Tamil Nadu, 600014
Education Qualification
Mandatory: Engineering Graduate or MCA or equivalent qualification from a recognized University / Institution.
Age Limit
Minimum Age – 50 Years and Maximum Age - 65 years (inclusive of all relaxations) as on 01.11.2026
Desirable Qualification
Desirable: Master degree or equivalent in IT Management.
Experience
Mandatory: Work experience of a minimum of 5 years at Senior level (General Manager cadre and above) in Public Sector Banks or equivalent in reputed Private Sector Banks / reputed Financial Institutions / Leading IT service firms (OR) Work experience of a minimum of 5 years as Professor in IIT/IIIT/IISc/ NIT.
Eligibility Criteria
Age: Minimum Age – 50 Years and Maximum Age - 65 years (inclusive of all relaxations) as on 01.11.2026. Educational Qualification: Mandatory: Engineering Graduate or MCA or equivalent qualification from a recognized University / Institution. Desirable: Master degree or equivalent in IT Management. Post Qualification Work Experience: Mandatory: Work experience of a minimum of 5 years at Senior level (General Manager cadre and above) in Public Sector Banks or equivalent in reputed Private Sector Banks / reputed Financial Institutions / Leading IT service firms (OR) Work experience of a minimum of 5 years as Professor in IIT/IIIT/IISc/ NIT. Others - No vigilance case or adverse observation from previous employer / CVC / RBI, shall be pending against the candidate.
Job Description
Will provide consultation for - The profitability/advantages vs Risk for all IT, Digital, Information Security, AI, DPDP related projects to be analysed and reviewed by the Consultant along with the Banks representative(s). Reviewing the existing policies related to IT, Digital, Digitisation, Analytics, Digital, Information Security, AI, DPDP to suggest enhancements and assist the bank in preparation of new policies like Fintech Partnership policy, AI & ML adoption policy etc. Suggesting strategies and opportunities to enhance customer experience. Identifying new avenues in Digital transformation and automation which will guide the Bank to provide customer delight. Assisting with the strategies to revamp of Core Banking Solution BaNCS in process optimisations, hollow the core, infrastructure revamp etc. (M/s TCS is the OEM of BaNCS). Assisting in complying with IT, Digital and Information/Cyber security related Guidelines/Directions from RBI, NPCI, DFS, Cert-In, IBA etc. Providing guidance to close observations in reports of various IS Audits, VAPT, RBI IT Examination etc, which may involve seeking exemption, procurement & implementation, etc. Identification and implementation of new technologies and technology products. Development of enterprises technology standards, governance processes and performance metrics to ensure that IT delivers value to enterprise Role and Responsibility. Monitoring & Managing Core IT Infrastructure, Network, Business applications and related IT Operations of the Bank. Supporting the business department and meeting their needs in a time bound manner. Providing Industry Expertise for the IT initiatives of the Bank. Optimization and management of existing information technology network for high efficiency with sufficient resilience and yet managing costs effectively. Development of long-term plans to sustain and support the business, anticipating the future trends. Ensuring that there is no failure in business operations and appropriate disaster recovery plans are in place and regularly tested for readiness for unforeseen and unexpected events which can impact the business continuity. Ensuring that all IT assets achieve full life time cycle value. Maintaining relationships and extract maximum efficiency from the Banks technology partners who support various IT applications. Compliance to IT security policies as well as regulatory prescriptions. Evaluation of the cost efficiency of emerging technologies and assess their applicability to various business and technology solutions. Building quality assurance, data protection processes and robust Technology Management systems. Identifying security threats, formulate strategies and solutions to mitigate the threats. Monitoring KPIs (Key Performance Indicators) and IT budgets to assess technological performance on IT front. Using stakeholders feedback for necessary improvements and adjustments in technology. Increase in operational efficiency. Designing of systems and interfaces for internal and external stakeholders. Collaboration, on-boarding and management of vendors that supply solutions to enhance the Banks products and services. Remarks: Job Description mentioned above is only illustrative and not exhaustive. Jobs, in addition to the above mentioned, may be assigned from time to time for the above post.
How to Apply
Applications complete in all respects as per the prescribed format (Annexure - A) along with copies of all the credentials as enumerated in Clause 2 below should be sent in a closed envelope super scribed Application for the post of Consultant for Information Technology Department on Contractual Basis - 2026 to the following address: Chief General Manager (CDO & CLO) Indian Bank, Corporate Office, HRM Department, Recruitment Cell, B Wing, 2nd Floor, 254-260, Avvai Shanmugam Salai, Royapettah, Chennai, Pin - 600 014, Tamil Nadu. All eligible and interested candidates should apply in the prescribed application format to reach the address cited above on or before 01.12.2026. Any application received after the due date will be summarily rejected. Candidates are therefore advised to send an advance copy of the application to IBRECRUITMENT@indianbank.bank.in.
Important Instructions
Application fees / Intimation Charges (Non-Refundable): Rs. 175 /- (inclusive of GST) for SC/ST/PwBD candidates (Only Intimation Charges) Rs. 1000 /- (inclusive of GST) for all other candidates. Candidates shall pay the fees/charges in the below mentioned account through Internet Banking / NEFT/RTGS/UPI. The Reference number/UTR Number shall be specified in the Application form. Account Name : Indian Bank Recruitment Fee Collection Account; Account Number : 7422772966; Bank & Branch : Indian Bank, Royapettah; Account Type : Current Account; IFSC Code : IDIB000R021. Bank Transaction charges, if any, for Online Payment of application fees/intimation charges will have to be borne by the candidate. Selection procedure: Selection will be by way of (1) Scrutiny of applications by Screening Committee and (2) Interview of shortlisted candidates by Selection Committee. In case number of applicants is substantially large, Written Test / Group Discussion / Preliminary Interview or a combination of aforementioned suitable process may be adopted. Remuneration & Perquisites: Negotiable – CTC based pay structure in the form of Fixed pay and Variable pay. Place of work: At present Chennai (a minimum of six (06) days in each calendar month physically at Head Quarters in Chennai and continuous availability through virtual medium on all other occasions as decided by the Bank). Period of Engagement: On Fixed Term Employment (FTE) on contractual basis for an initial period of six (06) months and extendable for further period of six months at a time as per the needs and requirements of the Bank based on review after completion of every six months, but in no case total tenure should exceed a continuous term of 5 years in the Bank. Termination of Contract: One months notice or one months fixed component of the compensation in lieu of such notice from either of the parties, at the sole discretion of the Bank.
