Are you an aspiring finance professional looking for a rewarding career in one of India’s leading public sector banks? The Union Bank of India Wealth Manager Recruitment 2025 offers an excellent opportunity to join the prestigious institution as a Wealth Manager (Specialist Officer) under the Middle Management Grade Scale-II (MMGS-II). With 250 vacancies announced, this recruitment drive is a golden chance for eligible candidates to secure a stable and high-paying government job. The last date to apply is August 25, 2025. We’ll cover all the essential details, including eligibility, application process, salary, selection process, and tips to optimize your application for this coveted role.
Overview of Union Bank of India Wealth Manager Recruitment 2025
The Union Bank of India (UBI), a reputed public sector bank, released its official notification on August 4, 2025, inviting applications for 250 Wealth Manager posts. This recruitment drive targets professionals with expertise in wealth management to serve across various UBI offices in India. The positions are permanent, offering a competitive pay scale of ₹64,820–93,960 (approximate CTC of ₹21 lakh per year in Mumbai) and additional perks like Dearness Allowance, HRA, medical benefits, and more. The application window is open from August 5, 2025, to August 25, 2025 (11:59 PM), and candidates must apply online via the official website, unionbankofindia.co.in.
Key Highlights
- Organization: Union Bank of India (UBI)
- Post Name: Wealth Manager (Specialist Officer, MMGS-II)
- Total Vacancies: 250 (UR: 103, SC: 37, ST: 18, OBC: 67, EWS: 25)
- Application Mode: Online
- Job Location: Anywhere in India (relocation required)
- Application Dates: August 5, 2025 – August 25, 2025
- Official Website: unionbankofindia.co.in
Download Union Bank of India (UBI) Wealth Manager Recruitment 2025 Notification pdf
Eligibility Criteria for Union Bank Wealth Manager Recruitment 2025
To apply for the Wealth Manager position, candidates must meet the following eligibility requirements:
Educational Qualification
- A full-time 2-year degree in MBA, MMS, PGDBA, PGDBM, PGPM, or PGDM from a university or institution recognized by the Government of India or approved by government regulatory bodies.
- Minimum 3 years of post-qualification experience in wealth management as an officer or in a managerial role in public/private/foreign banks, broking firms, securities firms, or asset management companies.
Age Limit (as of August 1, 2025)
- Minimum Age: 25 years
- Maximum Age: 35 years
- Age Relaxation:
- SC/ST: 5 years
- OBC (Non-Creamy Layer): 3 years
- PwBD: 10 years
- Other categories as per government rules
Nationality
- Candidates must be Indian citizens or meet specific criteria (e.g., citizens of Nepal, Bhutan, Tibetan refugees pre-1962, or Persons of Indian Origin with an eligibility certificate).
Application Fees
- General/EWS/OBC: ₹1,180 (inclusive of GST)
- SC/ST/PwBD: ₹177 (inclusive of GST)
- Payment can be made online via debit/credit card, net banking, or UPI.
Selection Process for Union Bank Wealth Manager Recruitment 2025
The selection process for the Wealth Manager role is rigorous and may include the following stages, depending on the number of applicants:
- Online Examination:
- Part I (75 minutes):
- Quantitative Aptitude: 25 questions, 25 marks
- Reasoning: 25 questions, 25 marks
- English Language: 25 questions, 25 marks
- Part II (75 minutes):
- Professional Knowledge (relevant to the post): 75 questions, 150 marks
- Total: 150 questions, 225 marks, 2.5 hours
- Penalty for Wrong Answers: 25% of the marks assigned to the question will be deducted for incorrect answers. No penalty for unanswered questions.
- Part I (75 minutes):
- Group Discussion (GD) or Personal Interview (PI):
- Maximum marks: 50 (minimum qualifying marks: 25 for General/EWS, 22.5 for SC/ST/OBC/PwBD).
- Document Verification: Candidates must provide valid educational and experience certificates.
- Medical Examination: To ensure fitness for the role.
The bank reserves the right to modify the selection process based on the number of eligible applicants.
How to Apply for Union Bank of India Wealth Manager Recruitment 2025
Follow these steps to apply online for the Wealth Manager position:
- Visit the Official Website: Go to unionbankofindia.co.in and navigate to the “Careers” section.
- Read the Notification: Download and carefully read the official notification released on August 4, 2025.
- Prepare Documents: Gather scanned copies of:
- MBA/MMS/PGDBA/PGDBM/PGPM/PGDM certificates
- Experience certificates (minimum 3 years in wealth management)
- Passport-size photo (20–50 KB)
- Signature (10–20 KB)
- Aadhaar card, ID proof, and other relevant documents (PDF, 200 DPI)
- Register Online: Click on “Apply Online” for Wealth Manager Recruitment 2025, enter your name, email, mobile number, and Aadhaar details, and verify with OTP.
- Fill the Application Form: Provide personal, educational, and experience details accurately.
- Upload Documents: Ensure all uploads meet the specified size and format requirements.
- Pay the Application Fee: Use online payment methods to complete the transaction.
- Preview and Submit: Review all details, submit the form by August 25, 2025 (11:59 PM), and download the confirmation page for future reference.
Salary and Benefits
Selected candidates will be placed in the MMGS-II cadre with a pay scale of ₹64,820–93,960. Additional benefits include:
- Dearness Allowance (DA)
- House Rent Allowance (HRA)
- Special Allowance
- Conveyance reimbursement
- Medical/hospitalization expenses
- Residential quarters or lease rent
- Approximate CTC: ₹21 lakh per year (varies by location, e.g., Mumbai).
The role comes with a 2-year probation period and a 3-year bond.
Important Dates
- Notification Released: August 4, 2025
- Online Application Starts: August 5, 2025
- Online Application Ends: August 25, 2025 (11:59 PM)
- Exam Date: To be announced (likely June 2026)