In this article, we have provided you with the BOI official recruitment PDF, details of eligibility criteria, application fees, selection procedure and other useful details. Download official notification directly from the link given below.
Click here to Download Bank of India Recruitment 2020 Official Notification PDF
Click here to apply for Bank of India (BOI) Officer's Post
BOI Officer Post Dates & Important Events 2020
Bank of India has specified the date of commencement for online registration and its closure date. Candidates are advised to apply online before the registration closes. Also, bank has mentioned the relevant date for age and qualification which is 1st September 2020. Check important date and events below.
| Events | Dates |
| Commencement of online registration | 16.09.2020 |
| Closure of online registration | 30.09.2020 |
| The relevant date for Age and Qualification | 01.09.2020 |
| Tentative Date of Online Examination | Will be informed separately |
BOI Officer Vacancy 2020 Details
A total of 214 vacancies for the post of Economist, Statistician, risk manager, credit analyst, credit officers, IT(Fintech), etc has been released under Bank of India Officer recruitment. Check detailed vacancies distribution for different categories separately.
Name of the Post | Category wise distribution of vacancies to be declared | Out Of which | ||||||||
SC | ST | OBC | EWS | GEN | TOTAL | HI | VI | OC | ID | |
Economist | - | - | - | - | 2 | 2 | - | - | - | - |
Economist | 1 | - | - | - | 1 | 2 | - | - | - | - |
Statistician | - | - | - | - | 2 | 2 | - | - | - | - |
Risk Manager | - | - | 1 | - | 2 | 3 | - | - | - | - |
Risk Manager | 1 | - | 1 | 1 | 3 | 6 | - | - | - | - |
Credit Analyst | 9 | 4 | 16 | 6 | 25 | 60 | 1 | - | 1 | - |
Credit Officers | 12 | 6 | 21 | 7 | 33 | 79 | 1 | 1 | - | 1 |
IT (Fintech) | 1 | 1 | 2 | - | 3 | 7 | - | 1 | - | - |
IT (Fintech) | 2 | 1 | 2 | - | 5 | 10 | - | - | - | - |
IT (Fintech) | 3 | 2 | 3 | - | 5 | 13 | - | - | 1 | - |
IT (Data Scientist) | - | - | - | 1 | 2 | 3 | - | - | - | - |
IT (Data Analyst) | - | - | 1 | - | 2 | 3 | - | - | - | - |
IT (Data Analyst) | 1 | - | 2 | - | 3 | 6 | - | - | - | - |
IT (Info. Security) | 1 | - | 1 | - | - | 2 | - | - | - | - |
IT (Info. Security) | - | - | - | - | 2 | 2 | - | - | - | - |
IT (Info. Security) | 1 | - | 1 | - | 2 | 4 | - | - | - | - |
Tech Appraisal | 3 | 1 | 2 | - | 4 | 10 | - | - | - | - |
TOTAL |
|
|
|
|
| 214 |
|
|
|
|
BOI Officer's Eligibility Criteria 2020:
It is important for every candidate to fulfil some eligibility norms as specified by the Bank. Candidate must fulfil certain education qualification and age limit criteria to be eligible for Bank of India Recruitment 2020. If any candidate fails to meet the mentioned qualification, his/her application can be rejected or bank reserves the right to cancel the provisional allotment. Check educational qualification and age limit for each post under Bank of India Officer's recruitment 2020.
1. Candidate must be a citizen of India.
2. He must be graduate with a certain qualification that has been mentioned by the bank.
3. Experience required for each post is also mentioned by the bank. Cross-check all the details by clicking the link below.
Click here to check detailed Educational Qualification and Experience required for each post
Name of the Post |
Scale | Posting |
Economist | SMGS-IV |
Based in Mumbai ** |
Economist | MMGS-II | |
Statistician | MMGS-II | |
Risk Manager | SMGS-IV | |
Risk Manager | MMGS-III | |
Credit Analyst | SMGS-IV |
Any where in India |
Credit Officers | JMGS-I | |
IT (Fintech) | SMGS-IV |
Based in Mumbai / Navi Mumbai ** |
IT (Fintech) | MMGS-III | |
IT (Fintech) | MMGS-II | |
IT (Data Scientist) | SMGS-IV | |
IT (Data Analyst) | MMGS-III | |
IT (Data Analyst) | MMGS-II | |
IT (Info. Security) | SMGS-IV | |
IT (Info. Security) | MMGS-III | |
IT (Info. Security) | MMGS-II | |
Tech Appraisal | MMGS-II | Any where in India |
TOTAL |
|
|
BOI Officer Post Age Limit
Age limit is another factor that a candidate must fulfil. He must fulfil minimum age criteria and maximum age before filling up the application form. Bank has specified minimum and maximum age criteria to be fulfilled by each candidate willing to fill the application form for each post. Check age limit for each post below.
Name of the Post | Age as on 01.09.2020 | |
Min. | Max | |
Economist | 20 | 38 |
Economist | 20 | 35 |
Statistician | 20 | 35 |
Risk Manager | 20 | 38 |
Risk Manager | 20 | 35 |
Credit Analyst | 20 | 38 |
Credit Officers | 20 | 30 |
IT (Fintech) | 20 | 38 |
IT (Fintech) | 20 | 35 |
IT (Fintech) | 20 | 32 |
IT (Data Scientist) | 20 | 38 |
IT (Data Analyst) | 20 | 35 |
IT (Data Analyst) | 20 | 32 |
IT (Info. Security) | 20 | 38 |
IT (Info. Security) | 20 | 35 |
IT (Info. Security) | 20 | 32 |
Tech Appraisal | 20 | 35 |
TOTAL |
|
|
BOI Officer Selection Procedure 2020
Candidates will be selected on the basis of online examination or personal interview/GD based on the number of eligible candidates. Check the online examination pattern as mentioned by the bank in its official notification.
Note: There will be a penalty for wrong answers. For every wrong answer, 0.25 marks will be deducted. Students are advised not to mark answers on random guessing.
Online Examination: Objective Type
The structure of the online examination will be as under:
Sr. No. | Name of the Tests | Maximum Marks | Duration |
1. | English Language | 50 | Composite Time of 150 Minutes |
2. | Professional Knowledge | 75 | |
3. | General Awareness with special reference to Banking Industry | 50 |
BOI Officer Interview 2020
Merit list of the selected candidates for provisional allotment will be drawn on the basis of the marks obtained in the online examination.To be provisionally shortlisted for the post, candidates must score minimum qualifying marks in both online exam and interview. In case two candidates score the same marks then selection would depend on the basis of date of birth i.e. Candidate senior in age will be placed higher in the merit list.
BOI Officer's Salary 2020 Details
Every candidate works in an organization for the remuneration. Bank of India has also specified the basic pay structure for each profile. Along with the basic pay, each candidate will be liable to get other perks and benefits according to the bank's rule and rule in force at that time. Check the basic pay of each post under Bank of India Officer's recruitment.
SCALE | SCALE OF PAY |
Junior Management Grade Scale – I (JMGS I) | 23700-980/7-30560-1145/2-32850-1310/7-42020 |
Middle Management Grade Scale –II(MMGS II) | 31705-1145/1- 32850-1310/10-45950 |
Middle Management Grade Scale –III(MMGS III) | 42020-1310/5- 48570-1460/2-51490 |
Senior Management Grade Scale –IV(SMGS IV) | 50030-1460/4- 55870-1650/2-59170 |
How to Apply Online for Bank of India Recruitment 2020
Candidates willing to apply for officer's bank with Bank of India can apply from 16th September to 30th September from the official site of bank of india. We will also update the link to apply once the official link gets active. Candidates are advised to take out the print of the application. Go through the official notification carefully and other details before applying for the post.
Application Fee
| SC/ST/PWBD | Rs 175/- |
| General and others | Rs 850/- |
This was all about Bank of India recruitment 2020 for the post of officers in various grade scales. If you have any query feel free to ask us below in the comment section.
With so many exams approaching, we are sure you must be wondering about the foolproof preparation plan. Your search is over now. Subscribe to Online Classroom Program to have unlimited access to all 20+ structured live courses and 500+ mock tests. This will cover all important banking and insurance exams like IBPS Clerk, IBPS PO, IBPS RRB (PO+Clerk), SBI PO, RBI Grade-B, SBI Clerk Main, RBI Assistant Main, etc.
So why wait? Subscribe to Online Classroom Program now and #GetSuperReady for your exam.
All the best!
The Most Comprehensive Exam Prep App!
Comments
write a comment