Most job postings don't come with a 40-lakh price tag attached. This one does. Indbank Merchant Banking Services has opened applications for a single, high-stakes position, Merchant Banking Head and it's not the kind of role you stumble into.
The position comes with significant responsibility, as the selected candidate will oversee critical merchant banking activities and advise on major capital market transactions.
It's built for someone who's already spent years in the thick of capital markets and knows what an IPO looks like from the inside.
About the Position
There's only one seat on offer, but it's a big one. Whoever lands the Indbank's Merchant Banking Head role will effectively run Indbank's merchant banking vertical, handling public issues, rights issues, buybacks, M&A deals, and advisory mandates.
The pay reflects that: Rs. 40 lakh a year, negotiable if your experience justifies going higher. It's a contract role, which is typical for a senior specialist hire like this companies often prefer this route when hiring for expertise rather than headcount.
Eligibility Criteria
You'll need a professional qualification—CA, CFA, CS, CMA, LLB, or an MBA in Finance all count—and a postgraduate degree in finance, economics, commerce, or management is a plus, though not mandatory.
Qualifications alone won't cut it, though. Indbank wants someone with at least 15 years of real experience in corporate finance, investment banking, or capital markets—someone who's sat across the table during mergers, handled buybacks, or steered advisory mandates to completion.
The role also calls for strong leadership and deal-management capabilities, with the ability to navigate complex transactions, coordinate stakeholders, and make sound strategic decisions in a high-stakes financial environment.
They're also specifically looking for people who've been part of IPO execution with established merchant bankers, whether Main Board, SME, or QIB placements.
Picture a career finance professional who's led deals from start to finish that's roughly the profile they're after. The age ceiling is 50, so there's a decent window for people well into their careers to apply.
Application Process and Important Instructions
This is an offline application process no online portal is involved. You'll need to download the form from Indbank’s official website, fill it out, and attach self-attested copies of your photo, signature, ID proof, and certificates.
Once done, it goes out by Speed Post or Registered Post to the address in the notification. Double-check every detail before sealing the envelope. Offline applications don't give you the luxury of editing after submission. Keep a photocopy for yourself too, just in case anything gets lost in transit.
There's also a quieter option: sending a scanned copy of your filled application via email.
Timeline and What Happens Next
The notification came out on 10 August 2026, and applications need to reach Indbank by 30 September 2026 a reasonable runway to get everything together.
There's no written exam. Selection comes down to a screening round followed by a personal interview, so your track record and how you present it will carry most of the weight.
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Career Prospects and Opportunities
If you've got the qualifications and the deal experience and you're comfortable navigating a paper-based process, this could be a genuinely rewarding move professionally and financially. Before you start, pull up the full official notification and read it properly. With offline applications, small missed details can quietly cost you a shot at something this good.