BOI Recruitment Notification 2020 for Officer Posts: Apply Online, Eligibility, Interview

By Sheetal Goyal|Updated : September 16th, 2020

Bank of India (BOI) Recruitment 2020: Bank of India has released a total of 214 vacancies for the post of officers in various scales up to scale IV. Detailed notification PDF is now available on the bank's official site. Interested and eligible candidates can now check eligibility criteria, selection procedure, exam pattern, salary and other details. The online application procedure will begin from 16th September and will remain active till 30th September 2020.

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.

EventsDates
Commencement of online registration16.09.2020
Closure of online registration30.09.2020
The relevant date for Age and Qualification01.09.2020
Tentative Date of Online ExaminationWill 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/PWBDRs 175/-
General and othersRs 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.

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