Union Bank of India Recruitment 2025 If you’re aiming for a government bank job that offers a high salary, solid job security, and excellent career growth, then Union Bank of India’s latest announcement is just what you’ve been waiting for. The bank is hiring 250 Wealth Managers in 2025, and this opportunity is perfect for experienced professionals who specialize in wealth management.
These positions are open across all regions of India, which means candidates from anywhere in the country are eligible to apply. Whether you’re in a metro city or a smaller town, you have a fair shot at joining one of the top public sector banks in India. This article provides you with all the necessary details in a simple and easy-to-understand format — from job role and eligibility to salary, selection process, and how to apply.
What is a Wealth Manager?
A wealth manager is a financial expert who assists high-net-worth individuals (HNIs) in managing their finances. This includes offering investment advice, helping with insurance and tax planning, managing risks, and ensuring their clients’ wealth grows safely and effectively. Wealth managers also act as a single point of contact for HNI clients, offering personalized services tailored to the client’s financial goals. Strong communication, deep financial knowledge, and a client-first attitude are essential for this role.
Job Details
The post being offered is for Wealth Manager under the MMGS-II scale. A total of 250 vacancies are available, and the positions are spread across different cities and states in India. The annual cost-to-company (CTC) is approximately ₹21 Lakhs in Mumbai, although it may vary slightly depending on the posting location. Along with this attractive salary, candidates will enjoy benefits such as travel reimbursement, medical insurance, rent or housing allowance, and more.
Important Dates
The online application process begins on 5 August 2025. The last date to apply is 25 August 2025. The age and experience eligibility is calculated as of 1 August 2025. It is strongly advised that interested candidates apply early to avoid last-minute technical issues.
Eligibility Criteria
To be eligible for this recruitment, candidates must meet three main criteria: age, educational qualifications, and work experience.
The age requirement is between 25 to 35 years as of 1 August 2025. Age relaxations apply as per government norms — for example, SC and ST candidates get a 5-year relaxation, and OBC (Non-Creamy Layer) candidates receive a 3-year relaxation.
Educationally, applicants should have completed a full-time two-year MBA or equivalent program such as MMS, PGDM, PGDBA, PGDBM, or PGPM. These courses must be from institutions approved by the Government of India. Distance or part-time programs are not accepted. While not mandatory, additional certifications like NISM, IRDAI, AMFI, or NCFM are beneficial.
Candidates must also have at least 3 years of full-time experience in wealth management. This experience should come from working with a bank (public, private, or foreign), a brokerage firm, securities company, or asset management firm. It is also necessary to have worked at the officer or managerial level. A certificate from your previous employer detailing your duties and work duration is required.
Roles and Responsibilities
As a Wealth Manager, your key responsibility will be to manage the financial needs of high-value clients. You will be responsible for offering investment solutions, cross-selling banking products like mutual funds and insurance, maintaining client relationships, ensuring proper documentation, and contributing to the growth of the bank’s business through wealth management services. The job demands a high level of professionalism, financial insight, and client-handling skills.
Selection Process
The selection process may involve an online written examination, a group discussion, and a personal interview. The bank reserves the right to conduct one or more of these stages based on the number of applications received.
If an exam is held, it will test the candidate’s knowledge in subjects like quantitative aptitude, reasoning, English language, and professional knowledge. The test will consist of 150 questions with a total of 225 marks. Candidates will have 150 minutes to complete the paper. Negative marking of 0.25 marks applies for each incorrect answer. While the English section will be in English, the rest of the paper will be bilingual.
Final Selection and Tie-Breaker
The final selection will be based on the candidate’s overall performance in all selection rounds. If two candidates get the same final score, the candidate with the older date of birth will be selected.
Probation and Bond
Selected candidates will be on a probation period of two years. They will also need to sign a bond to serve the bank for at least three years. If a candidate leaves before completing the bond period, they will be required to pay ₹2.5 lakhs plus applicable taxes.
Application Fees: The application fee for General, OBC, and EWS candidates is ₹1180 (including GST). For SC, ST, and PwBD candidates, the fee is ₹177. The fee can be paid online via debit card, credit card, net banking, UPI, or wallet.
How to Apply
Candidates can apply online by visiting the official Union Bank of India website at unionbankofindia.co.in. Under the “Careers” section, click on “Recruitments” and then select “Apply Online” under the Wealth Manager Recruitment notice. Register using your email ID and mobile number, complete the application form, upload your documents, pay the application fee, and submit the form. Be sure to download and keep a copy of the application for future reference.
Apply Link: Click Here
Exam Centres: If an exam is conducted, it will likely be held in major Indian cities such as Delhi, Mumbai, Bengaluru, Hyderabad, Chennai, Kolkata, Patna, Bhopal, Lucknow, and others. Once you choose your exam center during the application process, it cannot be changed later.
Disclaimer: This article is intended for general informational purposes only. While we strive to keep the information accurate and updated, candidates are advised to visit the official Union Bank of India website for the latest updates and official notification. We are not responsible for any errors or changes in the recruitment process.
FAQs Union Bank Wealth Manager Recruitment 2025
Q1. What is the salary for the Wealth Manager post at Union Bank of India?
The approximate CTC is ₹21 Lakhs per annum in Mumbai, with additional benefits.
Q2. Is prior work experience mandatory for this role?
Yes, candidates must have at least 3 years of full-time experience in wealth management.
Q3. Can fresh MBA graduates apply for this post?
No. Only candidates with relevant work experience in wealth management can apply.
Q4. Is there any bond after selection?
Yes. Selected candidates must sign a bond to serve for at least 3 years or pay ₹2.5 Lakhs if they resign early.
Q5. What is the last date to apply for this recruitment?
The last date to submit the online application is 25 August 2025.