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The Union Bank of India a leading listed Public Sector Bank with Pan India and overseas presence, has announced recruitment for 250 posts of Wealth Manager in Middle Management Grade Scale II (MMGS-II) under the Specialist Officers cadre. The position offers a basic pay scale of ₹64820-2340/1-67160-2680/10-93960 along with allowances and perks, with an approximate CTC of ₹21 lakh per annum at Mumbai (may vary by location)

Salary Name :

₹64,820–₹93,960/-

Post Name :

Wealth Manager

Qualification :

Graduation and Exp.

Age Limit :

30

Exam Date :

Last Date :

2025-08-25
Apply Now

Overview of Union Bank of India Wealth Manager Recruitment 2025

The Union Bank of India a leading listed Public Sector Bank with Pan India and overseas presence, has announced recruitment for 250 posts of Wealth Manager in Middle Management Grade Scale II (MMGS-II) under the Specialist Officers cadre. The position offers a basic pay scale of ₹64820-2340/1-67160-2680/10-93960 along with allowances and perks, with an approximate CTC of ₹21 lakh per annum at Mumbai (may vary by location). The role involves managing relationships with High Net-worth Individual (HNI) clients, selling investment and insurance products, increasing Total Relationship Value (TRV) & Assets Under Management (AUM), conducting portfolio reviews, and ensuring proper documentation

Important Dates

Start of Online Registration & Fee Payment : – 05.08.2025 (00:00 hrs)
Last Date for Registration & Fee Payment 25.08.2025 (24:00 hrs)
Job Type: Permanent
Who Can Apply : Both Male and Female
Official Websites – www.unionbankofindia.co.in/

Vacancy Details

Total Posts – 250 Posts

Post NameTotal
Wealth Manager (MMGS-II)250
Post NameScale / GradeVacanciesSCSTOBCEWSUR
Wealth ManagerMMGS-II25037186725103

Salary Details

The selected candidates will receive a competitive salary package commensurate with qualifications and experience.

  • Basic Pay Scale (MMGS-II): ₹64820-2340/1-67160-2680/10-93960
  • Approx. CTC at Mumbai: ₹21.00 lakh per annum

Application Fees

General / OBC / EWS Category – ₹1180
SC/ST/PwBD – ₹177/-

Educational Qualification Details

Post NameEducational QualificationDesirable CertificationsPost Qualification Work Experience
Wealth Manager (MMGS-II)Full-time 2-year degree/course in MBA / MMS / PGDBA / PGDBM / PGPM / PGDM from a University/Institution recognized by Govt. of India or approved by Govt. Regulatory bodiesNISM / IRDAI / NCFM / AMFIMinimum 3years experience as Officer/Managerial role in Wealth Management with Public Banks / Private Banks / Foreign Banks / Broking Firms / Securities Firms / Asset Management Companies

Age Limit

Post NameAge Limit
Wealth Manager (MMGS-II)Minimum – 25 Years Maximum – 35 Years

Age relaxation as per govt norms

  • SC – 5 Years
  • OBC – 3 Years
  • PWD – 10 Years

Selection Process

The selection process may consist of Online Examination, Group Discussion (GD), Screening of Applications, and/or Personal Interview (PI) depending on the number of applicants.

  1. Online Examination / Test:
PartTest NameNo. of QsMax MarksDuration
Part IQuantitative Aptitude252575 mins (for Part I)
Reasoning2525
English Language2525
Part IIProfessional Knowledge (Relevant to Post)7515075 mins
Total150225150 mins
  • Test (except English) will be bilingual (English & Hindi).
  • Negative Marking: 0.25 marks penalty for each wrong answer.
  • Group Discussion (GD):
    • Max. Marks: 50
    • Minimum Qualifying Marks:
      • General/EWS: 25 marks
      • SC/ST/OBC/PwBD: 22.5 marks
  • Personal Interview (PI):
  • Max. Marks: 50
  • Minimum Qualifying Marks:
    • General/EWS: 25 marks
    • SC/ST/OBC/PwBD: 22.5 marks

Final Selection Criteria:

Depending on the mode of selection used:

  • Online Exam + PI: Merit based on aggregate marks of both stages.
  • Only PI: Merit based on PI marks.
  • GD + PI: Merit based on combined GD & PI marks.
  • Online Exam + GD + PI: Merit based on aggregate marks of all stages.

How to Apply

  • Visit Official Website
    • Click on “Recruitments”“Current Recruitment” → “RECRUITMENT OF WEALTH MANAGERS (SPECIALIST OFFICERS)”
    • Click on “CLICK HERE TO APPLY ONLINE”.
  • New Registration
    • Click “Click here for New Registration”.
    • Enter Name, Contact details, and Email ID.
    • System will generate a Provisional Registration Number & Password (note it down).
  • Fill Application Form
    • Enter personal, educational, and experience details.
    • Use “SAVE AND NEXT” option to save progress before final submission.
  • Upload Required Files(as per specifications in Annexure-I)
    • Passport-size Photograph
    • Signature
    • Left Thumb Impression
    • Handwritten Declaration
  • Preview & Validate
    • Review the entire form carefully.
    • Ensure all details, uploads, and spellings are correct.
    • Click “Validate your details”“Save & Next”.
  • Payment of Fees(Online Mode only)
    • Use Debit Card, Credit Card, Internet Banking, IMPS, UPI, or Mobile Wallets.
    • On successful payment, e-Receipt will be generated.
    • Save/print the Application Form & e-Receipt.
  • Final Submission
    • Click “Submit” after ensuring all information is correct.

Retain a printout of the completed form

Important Documents

  • Interview Call Letter (valid printout).
  • Online Application Form (system-generated).
  • Proof of Date of Birth – Birth Certificate or Class 10th certificate with DOB.
  • Photo Identity Proof – PAN Card / Aadhaar / Passport / Driving Licence / Voter ID, etc.
  • Educational Certificates & Mark sheets – All semesters/year-wise.
  • Proof of result declaration date (if applicable).
  • Caste Certificate – For SC / ST / OBC (Non-Creamy Layer) in prescribed GOI format.
  • EWS Certificate – Income & Asset Certificate in prescribed format.
  • PwBD Certificate – Issued by competent medical authority (if applicable).
  • Experience Certificate(s) – Clearly stating post, duration, and job profile.
  • Job Profile Certificate – Certified by present/previous employer(s).
  • No Objection Certificate (NOC) – For candidates working in Govt./PSU/Nationalised Banks.
  • Service or Discharge Book & PPO – For Ex-Servicemen; or certificate stating release date.
  • Certificate for 1984 Riot Victims – Issued by District Magistrate (if applicable).
  • Certificate for candidates using scribe – As per prescribed proforma.

Details of Scribe – If availed during online examination

Online Registration Start Date5th August 2025
Apply Online Close Date25th August 2025
Detail Notification PDF Download Here
Official WebsiteCLICK HERE
Apply Online Register / Login

Frequently Asked Questions (FAQs)

How many vacancies are there in Union Bank of India Wealth Manager Recruitment 2025?

There are a total of 250 vacancies for the post of Wealth Manager (MMGS-II) under the Specialist Officer cadre.

What is the last date to apply for Union Bank of India Wealth Manager Recruitment 2025?

The last date for online application and fee payment is 25 August 2025 (till 24:00 hrs).

Is there any application fee for Union Bank of India Wealth Manager Recruitment?

Yes. The application fee is ₹1180 for General, OBC, and EWS candidates, and ₹177 for SC, ST, and PwBD candidates (inclusive of GST).

Apply Now Link

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