Indbank Merchant Banking Head Recruitment 2026 — Apply Offline
Indbank Merchant Banking Services Limited has officially published its Merchant Banking Head Recruitment Notification 2026 under Advertisement No. Adv/2026/03 on the official website indbankonline.com. The organisation is inviting applications for 1 vacancy of Merchant Banking Head on a contractual basis. This is a senior executive-level position designed for highly experienced professionals with an established track record in investment banking, corporate finance, and capital markets operations.
The offered compensation is ₹40 Lakh per annum (negotiable based on qualification and experience), making this an attractive opening for seasoned finance professionals. The application process is offline only. Eligible candidates must submit their duly filled application form along with all supporting documents via Speed Post, Registered Post, or email on or before the last date of 10 April 2026. The cut-off date for age, educational qualification, and experience is 01 January 2026.
Indbank Merchant Banking Head Recruitment 2026 — Key Overview
| Parameter | Details |
|---|---|
| Organisation | Indbank Merchant Banking Services Limited |
| Advertisement Number | Adv/2026/03 |
| Post Name | Merchant Banking Head |
| Total Vacancies | 1 Post |
| Job Type | Contractual |
| Educational Qualification | CA / CFA / CS / CMA / LLB / MBA (Finance) or Postgraduate degree in Finance, Economics, Commerce or Management (preferred) |
| Minimum Experience | 15 years in corporate finance, investment banking or capital markets |
| Age Limit | Maximum 50 years (as on 01 January 2026) |
| Annual Compensation | ₹40 Lakh per annum (negotiable based on qualification and experience) |
| Last Date to Apply | 10 April 2026 |
| Eligibility Cut-off Date | 01 January 2026 |
| Application Mode | Offline (Speed Post / Registered Post / Email) |
| Official Website | Click here |
Important Dates
| Event | Date |
|---|---|
| Cut-off Date for Age, Qualification & Experience | 01 January 2026 |
| Last Date for Receipt of Duly Filled Application | 10 April 2026 |
Important Links
| Description | Link |
|---|---|
| Official Notification PDF | Click here |
| Application Form (Offline) | Click here |
| Official Website | Click here |
Vacancy Details
| Post Name | Number of Vacancies |
|---|---|
| Merchant Banking Head | 1 |
| Total | 1 |
Eligibility Criteria
Educational Qualification
Candidates must hold a professional qualification in finance, law, or business management. The following certifications and degrees are preferred:
- Chartered Accountant (CA)
- Chartered Financial Analyst (CFA)
- Company Secretary (CS)
- Cost and Management Accountant (CMA)
- Bachelor of Laws (LLB)
- Master of Business Administration with specialisation in Finance (MBA — Finance)
Additionally, a Postgraduate degree in Finance, Economics, Commerce, or Management from a recognised university or institution is preferred. Candidates whose academic credentials align with the professional demands of the Merchant Banking domain will be given preference during shortlisting.
Work Experience
A minimum of 15 years of post-qualification experience in corporate finance, investment banking, or capital markets is mandatory. The candidate’s profile must demonstrate active involvement in and successful execution of the following areas:
- Public Issues, Rights Issues, and Buybacks
- Mergers & Acquisitions (M&A) and Advisory Mandates
- Initial Public Offerings (IPO) — including Main Board, SME, and QIB placements — with reputed Merchant Banking firms
A verifiable and strong track record in IPO execution and capital market transactions with leading Merchant Bankers is an essential requirement for this role. Candidates without demonstrable experience in these specific areas may not be considered eligible.
Age Limit
| Category | Maximum Age (as on 01 January 2026) |
|---|---|
| All Candidates | 50 years |
The age of the candidate will be reckoned as on the cut-off date of 01 January 2026. No minimum age has been specified in the official notification.
Application Fee
The official notification for Indbank Merchant Banking Head Recruitment 2026 does not mention any application fee. Candidates may submit their application without any fee payment. However, it is advisable to verify this detail in the official notification PDF before dispatching the application.
Compensation & Terms of Engagement
| Component | Details |
|---|---|
| Annual Compensation (CTC) | ₹40 Lakh per annum |
| Negotiability | Negotiable based on the candidate’s qualifications and relevant experience |
| Nature of Engagement | Contractual |
Note: The offered compensation of ₹40 Lakh per annum is indicative and subject to negotiation based on the candidate’s professional background, depth of experience, and overall suitability as assessed during the interview process. The tenure and renewal terms of the contract are as prescribed in the official notification.
Selection Process
The selection for the Merchant Banking Head position at Indbank Merchant Banking Services Limited will be conducted through a personal Interview. Candidates who submit applications by the closing date will be screened based on their educational qualifications, professional certifications, and relevance of work experience. Shortlisted candidates will then be called for the interview, during which their technical knowledge of merchant banking operations, capital markets expertise, leadership capabilities, and strategic vision will be assessed.
The final offer of engagement is contingent on the candidate’s performance in the interview, verification of all submitted documents, and overall suitability as determined by the selection committee.
How to Apply for Indbank Merchant Banking Head Recruitment 2026
- Visit the official website of Indbank Merchant Banking Services Limited at Click here and download the official notification PDF from Click here. Read the notification thoroughly before proceeding.
- Download the prescribed application form from Click here or from the official website.
- Fill in the application form carefully and completely with accurate personal information, educational qualifications, professional certifications, and a detailed account of work experience — particularly in investment banking, IPO execution, and capital markets.
- Attach self-attested photocopies of all supporting documents, including identity proof, educational certificates, professional qualification certificates (CA/CFA/CS/CMA/LLB/MBA), experience certificates, and any other documents stipulated in the official notification.
- Affix a recent passport-size photograph in the designated space on the application form and enclose additional copies as required.
- Review all entries and attachments carefully before submission to ensure accuracy and completeness. Incomplete or incorrectly filled applications are liable to be rejected.
- Dispatch the completed application form along with all enclosures via Speed Post or Registered Post to the address specified in the official notification, ensuring it reaches Indbank on or before 10 April 2026.
- Alternatively, candidates may send a scanned copy of the duly filled application form along with all enclosures via email to the address provided in the official notification, subject to the same deadline.
- Retain a photocopy of the submitted application form and all attached documents for future reference during the interview and document verification stages.
Deadline Notice: The last date for receipt of duly filled applications — whether by post or email — is 10 April 2026. Applications received after this date will not be entertained under any circumstances. Candidates are strongly advised to send their applications well in advance to avoid postal delays.
Frequently Asked Questions (FAQ)
Q1. What is Indbank Merchant Banking Head Recruitment 2026?
Indbank Merchant Banking Services Limited has announced a recruitment drive under Advertisement No. Adv/2026/03 to engage 1 Merchant Banking Head on a contractual basis. The role is a senior leadership position in the merchant banking domain, requiring a minimum of 15 years of experience in corporate finance, investment banking, or capital markets. Applications must be submitted offline on or before 10 April 2026.
Q2. How many vacancies are available under this recruitment?
Only 1 vacancy has been notified for the post of Merchant Banking Head under this advertisement.
Q3. What is the educational qualification required for the Merchant Banking Head post?
Candidates must possess a professional qualification in finance, law, or business management — preferably CA, CFA, CS, CMA, LLB, or MBA (Finance). A postgraduate degree in Finance, Economics, Commerce, or Management from a recognised institution is also preferred. Candidates with academic credentials directly relevant to the merchant banking domain will be prioritised.
Q4. What experience is mandatory for this position?
A minimum of 15 years of post-qualification experience in corporate finance, investment banking, or capital markets is required. Candidates must have hands-on experience in handling public issues, rights issues, buybacks, mergers and acquisitions, and advisory mandates, along with a proven track record in IPO execution (Main Board, SME, QIB placements) with leading Merchant Banking organisations.
Q5. What is the age limit for this recruitment?
The maximum permissible age is 50 years as on 01 January 2026. No minimum age has been specified. Candidates exceeding the maximum age limit on the reference date are not eligible to apply.
Q6. What is the salary for the Merchant Banking Head post?
The offered annual compensation is ₹40 Lakh per annum. This figure is negotiable depending on the candidate’s educational qualifications and the depth and relevance of their professional experience, as assessed during the selection process.
Q7. Is there an application fee for this recruitment?
The official notification does not mention any application fee. Candidates may submit their application without any fee payment. It is recommended to verify this in the official notification PDF before applying.
Q8. What is the selection process for the Merchant Banking Head role?
The selection is conducted through a personal Interview. Shortlisted candidates will be assessed on their domain expertise in merchant banking and capital markets, experience in executing public issues and IPOs, leadership qualities, and overall suitability for the role. Document verification will follow as part of the final selection process.
Q9. What is the mode of application for this recruitment?
The application process is entirely offline. Candidates must download the prescribed application form from the official Indbank website, fill it in carefully, attach self-attested copies of all required documents, and send the completed application via Speed Post, Registered Post, or email to the address specified in the official notification, on or before 10 April 2026.
Q10. Can applications be submitted via email?
Yes. In addition to postal submission, candidates may send a scanned copy of the duly filled application form along with all supporting enclosures to the email address provided in the official notification. The email submission must also be made on or before 10 April 2026. Candidates are advised to retain a copy of the sent email and attachment for their records.
Q11. Is this a permanent or contractual position?
The Merchant Banking Head position at Indbank Merchant Banking Services Limited is strictly a contractual engagement. It does not confer any permanent employment status. The specific tenure, renewal terms, and conditions of engagement are detailed in the official notification PDF.
Q12. Where can I download the official notification and application form?
The official notification PDF can be downloaded from Click here, and the prescribed application form is available at Click here. Both documents are also accessible through the official Indbank website at Click here.