Last date for applying: 10-04-24 , Published On: 28-03-2024
Bank of India Officer Recruitment 2024 - Apply Online for 143 Posts
Bank of India Recruitment 2024: Notification for 143 Officer Vacancies
An official notification has been released by the Bank of India to recruit eligible candidates for 143 officer vacancies across various streams. Positions such as Chief Managers, Credit Officers, Economists, Law Officers, Data Scientists, etc., are being announced through this recruitment drive. The online registration process for Bank of India Recruitment 2024 is now active at www.bankofindia.co.in, and candidates can submit their applications by 10th April 2024. This article provides important information related to this recruitment drive in brief.
Bank of India Recruitment 2024: Overview Bank of India will conduct the Recruitment 2024 exam to fill 143 officer posts. This presents a valuable opportunity for candidates to join the Bank of India. Eligible candidates can submit their application forms before the deadline. Selection for Chief Managers, Credit Officers, Economists, Law Officers, Data Scientists, etc., will be based on an Online Test and/or Personal Interview.
Bank of India Recruitment 2024: Notification PDF Project number 2023-24/1 has been published by Bank of India on their official website www.bankofindia.co.in. The official notification PDF contains comprehensive details including registration dates, vacancies, eligibility, exam pattern, etc. Candidates interested in officer positions in various streams up to scale IV are advised to read the complete notification PDF. The Bank of India Recruitment 2024 Notification PDF can be downloaded from the direct link provided.
[Bank of India Recruitment 2024 Notification PDF – Click to Download]
BOI Recruitment 2024: Overview
| Organization | Bank of India (BOI) |
|---|---|
| Post Name | Various Officer posts |
| Vacancies | 143 |
| Category | Govt. Jobs |
| Mode of Application | Online |
| Registration Dates | 27th March to 10th April 2024 |
| Selection Process | Online Test and/or Personal Interview |
| Official Website | www.bankofindia.co.in |
Bank of India Recruitment 2024: Important Dates
The online registration dates for Bank of India Vacancy 2024 have been released along with the official notification PDF. The online application process for various posts has commenced at www.bankofindia.co.in, and the last date to print the online application form is 25th April 2024.
| Events | Dates |
|---|---|
| Notification Release Date | 27th March 2024 |
| Apply online starts | 27th March 2024 |
| Last date to apply online | 10th April 2024 |
| Last Date for Fee Payment | 10th April 2024 |
| Last date for printing your application | 25th April 2024 |
| Bank of India Exam Date 2024 | To be notified |
Bank of India Vacancy 2024
Bank of India has announced 143 vacancies for various positions as per the recently released notification. The distribution of vacancies across different posts is provided in the table below:
[Table content omitted for brevity]
Bank of India Recruitment 2024: Apply Online
Bank of India (BOI) is accepting online application forms for various posts through its official website www.bankofindia.co.in. Candidates are advised to apply online for released vacancies before the last registration date i.e. 10th April 2024 to avoid any last-minute technical issues. Before applying, candidates must ensure they meet the eligibility criteria for the respective posts and provide accurate information in the application form. The direct link to apply for Bank of India Recruitment 2024 is also provided here.
Bank of India Recruitment 2024 Apply Online Link (Active) – Click to Apply
Bank of India Recruitment 2024 Eligibility Criteria
The official authorities have established certain criteria for candidates to apply for the recruitment process based on educational qualifications. Candidates must adhere to these limitations, or they risk disqualification from the Bank of India Recruitment 2024 process, leading to rejection of their applications.
Education Qualification
Minimum educational qualifications are required for each respective post. The table below outlines the post-wise educational qualifications for BOI Recruitment 2024:
| Posts | Education Qualifications |
|---|---|
| Credit Officers | - Graduation degree in any discipline with minimum 60% marks.<br>- MBA/PGDBM/PGDM/PGBM/PGDBA with specialization in Finance/Banking and Finance from a reputable institute (two/three-year program).<br>- Post-graduation degree in Commerce/Science/Economics.<br>- CA/ICWA/CS with a certification in computer course for a minimum of three months/Information Technology or related paper as one of the subjects at graduation level or afterward. |
| Chief Manager-Economist & Economist | - Post-graduation degree in Economics/Econometrics from a University/Institution/Board recognized by the Government of India/approved by Government Regulatory Bodies.<br>- Candidates will be preferred with specialization in Financial Economics/Behavioral Economics from premier institutes/universities such as Delhi School of Economics, Madras School of Economics, JNU, Jamia Millia Islamia University, IGIDR, etc. |
| Chief Manager-IT-Database Administrator/Cloud Operator/Network/System/Infra | - Minimum of 60% marks in any discipline.<br>- B.E./B. Tech in Computer Science/Information Technology/Electronics/Electrical & Electronics/Electronics & Communication.<br>- MCA/M. Sc. (Computer Science/IT). |
| Chief Manager-IT-Info. Security | - Any degree in Computer Science/Information Technology/Electronics/Electrical & Electronics/Electronics & Communication.<br>- MCA or Masters with specialization in Information Technology/Information Security/Cybersecurity. |
| Chief Manager-Marketing (Chief Wealth Manager) | - Graduation degree in any discipline from a recognized university by the Government of India/Government bodies/AICTE.<br>- MBA/PGDM in any (Marketing/Finance & related).<br>- Regulatory certifications e.g., NISM, IRDA. Preference given to candidates having Wealth Management by IIBF, etc. |
| Law Officers | - Graduate in law (3 years/5 years full-time regular course) from a recognized University. |
| Data Scientist/ML Ops Full Stack Developer/Data Administrator/Data Governance Expert/Platform Engineering Expert/Linux Administrator/Oracle Exadata Administrator | - Minimum of 60% marks in any discipline.<br>- B.E./B. Tech/B.Sc in Computer Science/Information Technology/Electronics/Electrical & Electronics/Electronics & Communication.<br>- MCA/M. Sc. (Computer Science/IT). |
| Senior Manager-IT/End Point Security Manager for Tool Management/Cloud Operation/Network Security/Operation/System (Window/Solaris/RHEL)/Infra/Fintech | - Minimum of 60% marks in any discipline.<br>- B.E./B. Tech/B.Sc in Computer Science/Information Technology/Electronics/Electrical & Electronics/Electronics & Communication.<br>- MCA/M. Sc. (Computer Science/IT). |
| Senior Manager-IT-Data Analyst | - Minimum of 60% marks in any discipline.<br>- B.E./B. Tech/BSc in Computer Science/Information Technology/Electronics/Electrical & Electronics/Electronics & Communication.<br>- MCA/M. Sc in Computer Science-IT.<br>- MBA in Business Analytics.<br>- PG in Statistics. |
| Senior Manager-IT-Security Analyst/GRC (Risk and Control) | - Degree in any discipline.<br>- B.E./B. Tech/M. Tech in Computer Science/Information Technology/Electronics/Electrical & Electronics/Electronics & Communication.<br>- MCA/Masters with specialization in Information Technology/Information Security/Cybersecurity. |
| Senior Manager-IT-Statistician | - Full-time Master’s/Post Graduate Degree in Statistics/Applied Statistics from a University/Institution/Board recognized by the Government of India/approved by Government Regulatory Bodies.<br>- Candidates from premier statistical Institutes/Universities will be preferred. |
| Technical Analyst | - Graduation degree from a University/Institution/Board recognized by the Government of India/approved by Government Regulatory Bodies and CMT. |
Bank of India Work Experience
Candidates must possess specific work experience to be eligible for Bank of India Recruitment 2024. Position-wise qualifying work experiences are detailed below:
| Posts | Work Experiences |
|---|---|
| Credit Officer | - Minimum of 2 years of experience as an Officer in any Public Sector Bank or in any Private Sector Bank having a Business mix of Rs. 1 Lakh crores as of 31.03.2023. |
| Chief Manager-Economist | - A minimum of 5 years in Rating Agencies/Banks/PDs will be considered.<br>- Work experience should preferably be in the Analysis and forecasting of economic indicators, writing research reports on topics related to banking and Economics, Application of econometric models in Banking, evaluation of issues related to monetary and fiscal policy, and Analyzing market trends. |
| Chief Manager-IT-Database Administrator | - Minimum of 8 years of hands-on experience in managing Oracle large databases in the BFSI domain.<br>- Industry Desirable: Hands-on experience in Database management in the Banking sector. Knowledge of Other RDBMS MySQL/MSSQL/Postgres will be an added advantage. |
| Chief Manager-IT-Cloud Operator | - Minimum of 8 years post basic qualification Experience in the IT Industry/BFSI or IT Vertical of an Organization as a Cloud Specialist of which 5 years experience as a Cloud Administrator/Cloud Engineer/Cloud Specialist. |
| Chief Manager-IT-Network | - Minimum of 8 years of post-basic qualification experience in IT, of which minimum of 5 years of experience Networking Domain. |
| Chief Manager-IT- System | - Minimum of 8 years post basic qualification Experience in the IT Industry/BFSI or IT Vertical of an Organization as a System Administrator. |
| Chief Manager-IT-Infra | - Minimum of 8 years post basic qualification Experience in IT Industry/BFSI or IT Vertical of an Organization as Infra Administrator. |
| Chief Manager-IT-Info. Security | - Minimum of 8 years of IT experience in commercial banks/financial companies/financial services organizations/IT services companies/Telecom companies/Information Security companies with at least 3 years of relevant experience in similar roles. |
| Chief Manager-Marketing (Chief Wealth Manager) | - Minimum of 10 Years of experience in managing sales in the Wealth Management/Insurance sector/Mutual Fund Industry.<br>- Should have managed a large team of Relationship Managers/Team Leaders at the Regional Level/Zonal Level/Head Office Level for at Least 5 Years. |
| Law Officers | - Minimum of 4 years post qualification experience as a practicing lawyer and/or with a law firm and/or as a law officer in any Bank/Financial Institution/reputed organization and/or as a judicial officer.<br>- However, out of 6 years, at least one year experience of working as a law officer in a Bank, PSU, or Financial Institution is a must. |
| Data Scientist/ML Ops Full Stack Developer | - At least 5+ years of hands-on data science experience using Python, R for data analytics, visualization, statistical programming, data mining & NLP for problem-solving, and a minimum of 3 years experience directly working in BFSI sector clients or through a service provider in L2 role (subject to relevant documents are produced). |
| Data Administrator | - At least 5+ years of hands-on experience in managing Oracle large databases in the BFSI domain. |
| Data Governance Expert | - At least 5+ years of experience in data integration and data governance solutions (Data Catalog, MDM, and Data Quality), data warehousing/Big Data/Hadoop/RDBMS, Data management tools, and technologies implementation. |
| Platform Engineering Expert | - At least 5+ years of experience in design, implementation, and support operation of Containerized Environment. |
| Linux Administrator | - At least 5+ years of experience in Linux Administration. |
| Oracle Exadata Administrator | - At least 5+ years of experience in Managing the Oracle Exadata Platform. |
| Senior Manager-IT | - Minimum of 5 Years of hands-on experience in Application development (coding, testing, and maintenance of application/software) with at least 3 years experience in handling digital channels (Internet Banking/Mobile Banking/UPI) for any reputed organization preferably Banking or IT Sector or FinTech company. |
| Senior Manager-IT- Data Analyst | - Minimum of 5 years of overall (post-basic education qualification) experience.<br>- 3 years in Information Technology.<br>- 2 years in the field of strategy/data analytics/data science/analytics translator as Manager/Executive in Supervisory/Management role in Corporate/Financial Institutions. |
| Senior Manager-IT- Cloud Operation | - Minimum of 5 years of hands-on experience in the IT Industry/BFSI or IT Vertical of an Organization as Cloud Administrator/Manager/Engineer/Specialist. |
| Senior Manager-IT-Network Security/ Network Operation | - Minimum of 5 years of hands-on experience in IT, of which a minimum of 3 years experience in the design and operation of Wide Area Network, Routing, and Switching. |
| Senior Manager-IT-System (Window/Solaris/RHEL)/ Infra | - Minimum of 5 years of hands-on experience in IT, of which minimum 3 years experience System Administration Domain preferably in BFSI sector/IT sector. |
| Senior Manager-IT-IT End Point Security Manager for Tool Management | - Minimum of 5 Years of hands-on experience in managing endpoint security of any reputed organization (Preferably Banking or IT Sector).<br>- At least 3 years as a Level-3 resource in an organization in the business of providing Endpoint Security Services, or as a TAC resource in an OEM (in the field of network security devices such as AV, Proxy, App. Whitelisting, and Drive Encryption). |
| Senior Manager-IT-Security Analyst | - Minimum of 5 years of IT experience in commercial banks/financial companies/financial services organizations/IT services companies/Telecom companies/Information Security companies.<br>- At least 3 years of experience in the role of Security Analyst/Database Security Analyst/Threat Hunting/Application Security Assessment. |
| Senior Manager-IT- GRC (Risk and Control) | - Minimum of 5 years of IT experience in commercial banks/financial companies/financial services organizations/IT services companies/Telecom companies/Information Security companies.<br>- At least 3 years of experience in the role of IT Risk Management and Control Assessments. |
| Senior Manager-IT (Fintech) | - Minimum of 5 years of overall (post basic education qualification) experience.<br>- 3 years in Information Technology.<br>- 2 years of working in the field of marketing of Bank/Financial products as a Manager/Executive in a Supervisory/Management role with a Corporate/Financial Institution. |
| Senior Manager-IT- Statistician | - 5+ years of experience as an Officer in Financial Institutions/Banks/Rating Agencies/Analytics Firms/Reputed Brokerage Agencies/Corporate Organizations like CRISIL, CIBIL, ICRA, etc., out of which 3 years experience in the relevant field. |
| Law Officers | - Minimum of 6 years of post-qualification experience as a practicing lawyer and/or with a law firm and/or as a law officer in any Bank/Financial Institution/reputed organization and/or as a judicial officer (The experience as above can be cumulative). |
| Economist | - Candidates having experience working in financial institutions/Bank’s Treasury/Rating Agencies/Analytics Firms/Reputed Brokerages Agencies shall be given preference. |
| Technical Analyst | - Candidates having experience working in Corporate Treasury (Front office) of financial institutional/reputed corporation shall be given preference. |
Bank of India Age Limit (as on 01/02/2024)
Candidates must meet specific age requirements to apply for Bank of India Recruitment 2024. The age limits vary for different posts:
| Posts | Minimum Age | Maximum Age |
|---|---|---|
| Credit Officers | 23 | 25 |
| Chief Manager-Economist | 28 | 45 |
| Chief Manager-IT-Database Administrator | 28 | 45 |
| Chief Manager-IT-Cloud Operator | 28 | 45 |
| Chief Manager-IT-Network | 28 | 45 |
| Chief Manager-IT- System | 28 | 42 |
| Chief Manager-IT-Infra | 28 | 42 |
| Chief Manager-IT-Info. Security | 28 | 42 |
| Chief Manager-Marketing (Chief Wealth Manager) | 32 | 40 |
| Law Officers | 25 | 35 |
| Data Scientist | 28 | 37 |
| ML Ops Full Stack Developer | 28 | 37 |
| Data Administrator | 28 | 37 |
| Data Governance Expert | 28 | 37 |
| Platform Engineering Expert | 28 | 37 |
| Linux Administrator | 28 | 37 |
| Oracle Exadata Administrator | 28 | 37 |
| Senior Manager-IT | 28 | 37 |
| Senior Manager-IT- Data Analyst | 28 | 37 |
| Senior Manager-IT- Cloud Operation | 28 | 37 |
| Senior Manager-IT-Network Security/ Network Operation | 28 | 37 |
| Senior Manager-IT-System (Window/Solaris/RHEL)/ Infra | 28 | 37 |
| Senior Manager-IT-IT End Point Security Manager for Tool Management | 28 | 37 |
| Senior Manager-IT-Security Analyst | 28 | 37 |
| Senior Manager-IT- GRC (Risk and Control) | 28 | 37 |
| Senior Manager-IT (Fintech) | 28 | 37 |
| Senior Manager-IT- Statistician | 28 | 37 |
| Law Officers | 25 | 32 |
| Economist | 21 | 35 |
| Technical Analyst | 21 | 35 |
Bank of India Recruitment 2024 Selection Process
Candidates interested in the Bank of India Recruitment 2024 must undergo two stages: Online Examination and Interview. Only candidates who pass both stages will be selected for various officer posts in different streams.
Online Examination:
Interview:
Bank of India Recruitment 2024 Exam Pattern
Candidates applying for BOI Recruitment 2024 need to prepare for the online examination. The exam pattern includes subjects like the English language, professional knowledge relevant to the post, and general awareness with special reference to the banking industry.
| Subjects/Sections | Maximum Marks | Duration |
|---|---|---|
| English Language | 25 | 30 minutes |
| Professional knowledge relevant to the post | 100 | 60 minutes |
| General awareness with special reference to the banking Industry | 25 | 30 minutes |
Bank of India Recruitment 2024 Salary
The basic pay for regular positions of Grade Scale-II (MMGS-II), Grade Scale-III (MMGS-III), and Grade Scale-IV (SMGS-IV) are as follows:
| Scales/Grades | Salary Structures |
|---|---|
| Middle Management Grade Scale II (MMGS-II) | Existing: 48170 – 1740(1) – 49910 – 1990(10) – 69810 Under Revision of pay as per 9th Joint Note– 64820 – 2340(1) – 67160 – 2680(10) – 93960 |
| Middle Management Grade Scale III (MMGS-III) | Existing: 63840 – 1990(5) – 73790 – 2220(2) 78230 Under Revision of pay as per 9th Joint Note- 85920 – 2680(5) – 99320- 2980(2)- 105280 |
| Senior Management Grade Scale IV (SMGS-IV) | Existing: 76010 – 2220(4) – 84890 – 2500(2) – 89890 Under Revision of pay as per 9th Joint Note- 102300 – 2980(4) – 114220 – 3360(2) – 120940 |
Bank of India Recruitment 2024 Syllabus
Candidates appearing in the Bank of India exam must prepare every topic of the English language, general awareness, and respective professional knowledge subjects. The syllabus for the written examination for various officer posts is provided in the table below.
| Subjects | Syllabus |
|---|---|
| English Language | - Reading Comprehension<br>- Word Swap<br>- Error detection<br>- Para jumble<br>- Vocabulary Based Questions<br>- Cloze test<br>- Fillers<br>- Sentence Rearrangement<br>- Idioms & Phrases |
| General Awareness | - National and International current affairs<br>- Important days and their themes<br>- Banking reforms<br>- SARFESI Act<br>- Latest acts related to banking<br>- Latest circulars from RBI<br>- Priority sector lending (PSL)<br>- Credit Rating Agencies<br>- Basel Norms<br>- Important national & international organizations & their headquarters<br>- Latest mergers and MOUs of banks & financial institutions<br>- Important Committees<br>- Regulatory bodies like SEBI, NABARD, and RBI<br>- The latest news related to Nonperforming assets, Bank Profits |
FAQs (Frequently Asked Questions):
What is the total number of vacancies available?
What is the application fee for General and SC/ST/PWD candidates?
What is the last date to apply online?
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Is there any age limit for applying to these positions?
What are the educational qualifications required for these positions?
When will the online examination take place?
Note: Interested candidates should carefully read the full notification before applying online to ensure they meet all eligibility criteria and understand the application process.