India Post Payments Bank (IPPB) has announced the Chief Operating Officer Recruitment 2026. The bank is inviting applications from experienced banking and financial sector professionals to fill 1 vacancy for the Chief Operating Officer (COO) post at its Corporate Office in New Delhi.
The official notification (IPPB/CO/HR/RECT/2026-27/01) was released on 30 April 2026. Eligible candidates aged 40 to 55 years with a minimum of 18 years of relevant experience can apply online through the official portal at www.ippbonline.bank.in starting 01 May 2026. The last date to submit the application form is 21 May 2026.
This is a contractual role with an initial tenure of three years, extendable up to a maximum of five years.
Notification Overview
| Particulars | Details |
|---|---|
| Bank Name | India Post Payments Bank (IPPB) |
| Advertisement Number | IPPB/CO/HR/RECT/2026-27/01 dated 30.04.2026 |
| Post Name | Chief Operating Officer (COO) |
| Vacancy | 1 |
| Nature of Post | Contractual |
| Tenure | Initial 3 years, extendable by 2 more years (maximum 5 years) |
| Posting Location | Corporate Office, New Delhi (transferable anywhere in India) |
| Application Mode | Online only |
| Official Website | www.ippbonline.bank.in |
Important Dates
| Event | Date and Time |
|---|---|
| Opening Date for Online Registration | 01 May 2026 at 10:00 AM |
| Last Date for Submission of Online Application | 21 May 2026 at 11:59 PM |
Eligibility Criteria
Age Limit (As on 01 April 2026)
- Minimum Age: 40 years
- Maximum Age: 55 years
Educational Qualification
- Mandatory: Full-time Regular Bachelor’s Degree or equivalent with a minimum 55% marks from a recognized University or Institute.
- Desirable: MBA / PGDM / PGDBM / PGDBA in Finance; Post Graduate Degree in Statistics / Mathematics / Economics / Econometrics.
- Additional Certifications: Data Analytics, Data Governance, CAIIB, CISI, CBCP, FRM/PRM, CAMS, CIA, Six Sigma (Green Belt/Black Belt).
Post Qualification Work Experience
- Total Experience: Minimum 18 years in Banks or Financial Institutions.
- Operations Experience: At least 10 years specifically in handling Operations or Business Processes.
- Senior Leadership Position: In the last 5 years, candidates must have held a position not more than two levels below MD & CEO of a Public Sector or Private Sector Bank/Financial Institution for at least 2 years.
Salary Structure
The CTC is negotiable based on the candidate’s profile and experience. The top-ranked candidate selected from the merit list will be eligible for CTC negotiation.
Application Fee
All candidates must pay a non-refundable application fee of ₹750 (inclusive of intimation charges). The fee is payable online via Debit Card, Credit Card, Internet Banking, or UPI. There are no exemptions for any category.
Selection Process
- Stage 1: Shortlisting based on qualifications, experience, and profile.
- Stage 2: Psychometric Test (converted to score out of 100, 25% weightage).
- Stage 3: Interview (100 Marks, 75% weightage). The top 3 candidates from the final merit list will be considered for CTC negotiation.
How to Apply
To apply for the IPPB Chief Operating Officer position, visit the official India Post Payments Bank portal and click the official apply link below. Complete the registration, fill out the necessary details, upload required documents (Photograph, Signature, Left Thumb Impression, Hand-written Declaration, and PDF Resume), and pay the ₹750 application fee online before the 21 May 2026 deadline.
Important Instructions
- Applications are accepted via online mode only.
- No modifications are allowed after the final submission.
- Candidates serving in Government departments or PSUs must submit a No Objection Certificate (NOC) at the time of the interview.
- Ensure your registered email ID remains active, as all correspondence will be sent via email.
- For queries, contact the official email: [email protected].
Important Links
| Particulars | Link |
|---|---|
| Apply Online | Click Here |
| Official Notification PDF | Click Here |
| Official Website | Click Here |
Frequently Asked Questions (FAQs)
Q1. What is the age requirement for the IPPB COO position?
Ans. As of April 1, 2026, applicants need to be at least 40 years old, and the maximum age limit is set at 55 years.
Q2. What educational background do I need to apply?
Ans. You must hold a full-time regular Bachelor’s Degree with at least 55% marks. Having an MBA, PGDM, or a Post Graduate Degree in Finance, Statistics, or Economics is considered a strong plus.
Q3. How much work experience is necessary for this role?
Ans. A minimum of 18 years in the banking or financial sector is required. Within that, you must have at least 10 years of direct experience handling operations or business processes, and have held a senior leadership role recently.
Q4. What is the application fee for the IPPB COO recruitment?
Ans. The application fee is ₹750 for all candidates. It is non-refundable and must be paid online.
Q5. How are candidates selected for the Chief Operating Officer post?
Ans. The selection process involves three main stages: initial shortlisting based on your profile, a psychometric test, and a personal interview. The final merit is calculated from the test (25%) and interview (75%) scores.
Q6. Is this a permanent government job?
Ans. No, this is a contractual position. The initial term is for 3 years, which can be extended by another 2 years, bringing the maximum tenure to 5 years based on performance and organizational needs.
