Category: Online,

Bank of India Recruitment 2020 notification regarding filling of Officers Job Vacancies. The Bank organization invites online application from eligible candidates having B.Tech, Engg Graduate, MCA, MBA, PGDBM, PGDM, PGDBA, PhD, CA, Post Graduate qualifications. These 214 Officers Posts are in Bank of India, Mumbai, Maharashtra on contract basis.

The job applications for Bank of India Jobs 2020 will be accepted online on or before 30 Sep 2020.

Total Vacancies: 214

Important Dates - Bank of India Recruitment 2020

Starting Date to Apply Online16 Sep 2020
Closing Date to Apply Online30 Sep 2020
The relevant date for Age and Qualification 
01 Sep 2020
Tentative Date of Online Examination Will be advised separately 

Application Fee - Bank of India Recruitment 2020

Gen/ OBC₹ 850
SC/ ST/ Ex-Servicemen₹ 175

Pay the Examination Fee through Debit Card, Credit Card, Net Banking.

Age Limit - Bank of India Recruitment 2020

Name of the Post
Scale
Age limit (Age as on 01.09.2020 ) Min 20 Years
Economist
SMGS-IV
38 years
Statistician
MMGS-II
35 Years
Risk Manager
MMGS-II
35 Years
Risk Manager
SMGS-IV
38 Years
Risk Manager
MMGS-III
35 Years
Credit Analyst
SMGS-IV
38 Years
Credit Officers
JMGS-I
30 Years
Technical (Appraisal)
MMGS-II
38 Years
IT (Fintech)
SMGS - IV
35 Years
IT (Fintech)
MMGS-III
32 Years
IT (Fintech)
MMGS - II
38 Years
IT (Data Scientist)
SMGS - IV
35 Years
IT(Data Analyst)
MMGS-III
32 Years
IT(Data Analyst)
MMGS-II
38 Years
IT(InfoSecurity)
SMGS - IV
35 Years
IT(InfoSecurity)
MMGS - III
32 Years
IT(InfoSecurity)
MMGS - II
35 Years

Job Location - Bank of India Recruitment 2020

Mumbai

Qualification - Bank of India Recruitment 2020

Name of the Post
Scale
Qualifications
Economist
SMGS-IV
Ph.D. degree in Economics / Econometrics
5 years of experience as an Officer in Financial Institutions / Banks / Rating Agencies / Analytics Firm / Reputed Brokerage Agencies / Corporate Organisations like CRISIL, CIBIL, ICRA etc., out of which 3 years experience in forecasting / analysing business indicators / environmental scanning / building up of data bank / econometric models and industrial profiles.
Statistician
MMGS-II
Full time Master’s / Post Graduate Degree in Statistics / Applied Statistics
4 years of experience as an Officer in Financial Institutions / Banks / Rating Agencies / Analytics Firm / Reputed Brokerage Agencies / Corporate Organisations like CRISIL, CIBIL, ICRA etc., out of which 3 years experience in the relevant field.
Risk Manager
MMGS-II
Certification in Financial Risk Management from Global Association of Risk(GARP)
OR
Professional Risk Management Certification from PRIMA Institute
5 years of experience as an Officer in Financial Institutions / Banks / Rating Agencies / Analytics Firm / Reputed Brokerage Agencies / Corporate Organisations like CRISIL, CIBIL, ICRA etc., out of which 3 years experience in risk functions.
Risk Manager
SMGS-IV
Certification in Financial Risk Management from Global Association of Risk(GARP)
OR
Professional Risk Management Certification from PRIMA Institute
5 years of experience as an Officer in Financial Institutions / Banks / Rating Agencies / Analytics Firm / Reputed Brokerage Agencies / Corporate Organisations like CRISIL, CIBIL, ICRA etc., out of which 3 years experience in risk functions.
Risk Manager
MMGS-III
Certification in Financial Risk Management from Global Association of Risk(GARP)
OR
Professional Risk Management Certification from PRIMA Institute
3 years of experience as an Officer in Financial Institutions / Banks / Rating Agencies / Analytics Firm / Reputed Brokerage Agencies / Corporate Organisations like CRISIL, CIBIL, ICRA etc., out of which 2 years experience in risk functions.
Credit Analyst
SMGS-IV
Two years Full time MBA in Finance /PGDM in Finance / CA / ICWA
10 years of experience as an Officer in NBFC / Financial Institution having business mix of 1000 crores & above as on 31.03.2020 out of which 5 years experience in credit processing/credit appraisal / assessment / credit rating / balance sheet analysis / credit monitoring.
Credit Officers
JMGS-I
A Degree (Graduation) in any discipline with minimum 60% marks alongwith MBA/PGDBM/PGDM/PGBM/ PGDBA from institute of repute (two/three year programme) / Post-graduation degree in Commerce/ Science /Economics.
Technical (Appraisal)
MMGS-II
Bachelor’s Degree in Engineering in one of the streams mentioned below
Post Qualification Experience: minimum 3 years AND Out of above 3 years, minimum 1 year experience should be in core industrial sectors listed in column ‘Educational Qualifications’ (related to educational qualification).
IT (Fintech)
SMGS - IV
B.E./ B. Tech in Computer Science/ Information Technology/ Electronics/ Electrical & Electronics/ Electronics & Communication from recognised University/ Institute#. OR Any Graduate with 'B' level qualification of DOEACC Society.(# Institute should be recognised/ approved by Government bodies/ AICTE)
Minimum 8 years of overall (post basic education qualification) experience of which 4 years in Information Technology and 4 years of working in the field of marketing of Bank / Financial products as Manager/ Executive in Supervisory / Management role with Corporate/ Financial Institution.
IT (Fintech)
MMGS-III
B.E./ B. Tech in Computer Science/ Information Technology/ Electronics/ Electrical & Electronics/ Electronics & Communication from recognised University/ Institute#. OR Any Graduate with 'B' level qualification of DOEACC Society.(# Institute should be recognised/ approved by Government bodies/ AICTE)
Minimum 5 years of overall (post basic education qualification) experience of which 3 years in Information Technology and 2 years of working in the field of marketing of Bank / Financial products as Manager/ Executive in Supervisory / Management role with Corporate/ Financial Institution.
IT (Fintech)
MMGS - II
B.E./ B. Tech in Computer Science/ Information Technology/ Electronics/ Electrical & Electronics/ Electronics & Communication from recognised University/ Institute#. OR Any Graduate with 'B' level qualification of DOEACC Society.(# Institute should be recognised/ approved by Government bodies/ AICTE)
Minimum 3 years of overall (post basic education qualification) experience of which 2 years in Information Technology and 1 year of working in the field of marketing of Bank / Financial products as Manager/ Executive in Supervisory / Management role with Corporate/ Financial Institution.
IT (Data Scientist)
SMGS - IV
Ph.D. or Master’s Degree in statistics, computer science, or engineering.
Minimum 8 years of overall (post basic education qualification) experience of which 4 years in Information Technology and 4 years in related field. Preference will be given to candidates with experience in Financial sector/ Bank/ NBFC/ Insurance/ Investment firms.
IT(Data Analyst)
MMGS-III
B.E./ B. Tech in Computer Science/ Information Technology/ Electronics/ Electrical & Electronics/ Electronics & Communication from recognised University/ Institute#. OR MCA/ MBA (Business Analytics)/ PG (Statistics) #. (# Institute should be recognised/ approved by Government bodies/ AICTE)
Minimum 5 years of overall (post basic education qualification) experience of which 3 years in Information Technology and 2 years in the field of strategy/ data analytics/ data science/ analytics translator as Manager/ Executive in Supervisory/ Management role in Corporate/ Financial Institutions.
IT(Data Analyst)
MMGS-II
B.E./ B. Tech in Computer Science/ Information Technology/ Electronics/ Electrical & Electronics/ Electronics & Communication from recognised University/ Institute#. OR MCA/ MBA (Business Analytics)/ PG (Statistics) #. (# Institute should be recognised/ approved by Government bodies/ AICTE)
Minimum 3 years of overall (post basic education qualification) experience of which 2 years in Information Technology and 1 year in the field of strategy/ data analytics/ data science/ analytics translator as Manager/ Executive in Supervisory/ Management role in Corporate/ Financial Institutions
IT(InfoSecurity)
SMGS - IV
Graduate or Post Graduate in Information Technology /Computer Science/ Computer Application/ Electronics and Communication / Electronics
IT(InfoSecurity)
MMGS - III
Graduate or Post Graduate in Information Technology /Computer Science/ Computer Application/ Electronics and Communication / Electronics
IT(InfoSecurity)
MMGS - II
Graduate or Post Graduate in Information Technology /Computer Science/ Computer Application/ Electronics and Communication / Electronics

Vacancy Details - Bank of India Recruitment 2020

Name of the Post
Scale
No. of Post
Economist
SMGS-IV
02
Statistician
MMGS-II
02
Risk Manager
MMGS-II
02
Risk Manager
SMGS-IV
03
Risk Manager
MMGS-III
06
Credit Analyst
SMGS-IV
60
Credit Officers
JMGS-I
79
Technical (Appraisal)
MMGS-II
07
IT (Fintech)
SMGS - IV
10
IT (Fintech)
MMGS-III
13
IT (Fintech)
MMGS - II
03
IT (Data Scientist)
SMGS - IV
03
IT(Data Analyst)
MMGS-III
06
IT(Data Analyst)
MMGS-II
02
IT(InfoSecurity)
SMGS - IV
02
IT(InfoSecurity)
MMGS - III
04
IT(InfoSecurity)
MMGS - II
10
Total214

Pay Scale - Bank of India Recruitment 2020

SCALE
Pay Scale
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 –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

Selection Process - Bank of India Recruitment 2020

Selection will be through online test and/or GD and/or personal interview, depending on the number of applicants/eligible candidates.

How to Apply - Bank of India Recruitment 2020

Read the detailed notification pdf attached below before Apply Online. If you are interested and found yourself eligible for Officers, click on the apply online link given below. Then, find the appropriate option and fill up the form. You can apply online from 16 Sep 2020 to 30 Sep 2020.

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Bank of India Recruitment 2020 - Apply Online for 214 Officers Posts - FAQs

How many vacancies are there for Officers ?

There are currently 214 vacancies for Officers

What is the Age Limit for Officers ?

Name of the Post
Scale
Age limit (Age as on 01.09.2020 ) Min 20 Years
Economist
SMGS-IV
38 years
Statistician
MMGS-II
35 Years
Risk Manager
MMGS-II
35 Years
Risk Manager
SMGS-IV
38 Years
Risk Manager
MMGS-III
35 Years
Credit Analyst
SMGS-IV
38 Years
Credit Officers
JMGS-I
30 Years
Technical (Appraisal)
MMGS-II
38 Years
IT (Fintech)
SMGS - IV
35 Years
IT (Fintech)
MMGS-III
32 Years
IT (Fintech)
MMGS - II
38 Years
IT (Data Scientist)
SMGS - IV
35 Years
IT(Data Analyst)
MMGS-III
32 Years
IT(Data Analyst)
MMGS-II
38 Years
IT(InfoSecurity)
SMGS - IV
35 Years
IT(InfoSecurity)
MMGS - III
32 Years
IT(InfoSecurity)
MMGS - II
35 Years

What is the Application Fee for Officers ?

Gen/ OBC
₹ 850
SC/ ST/ Ex-Servicemen
₹ 175

Pay the Examination Fee through Debit Card, Credit Card, Net Banking.

What is the Pay Scale for Officers ?

SCALE
Pay Scale
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 –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

After when I can apply for this job for posts of Officers ?

Application Start Date: 16 Sep 2020

When is the Last Date for applying for this job ?

Application Last Date: 30 Sep 2020

What is the selection process for Officers ?

Selection process for Officers in Bank of India :

Selection will be through online test and/or GD and/or personal interview, depending on the number of applicants/eligible candidates.

How can I apply for this job?

Read the detailed notification pdf attached below before Apply Online. If you are interested and found yourself eligible for Officers, click on the apply online link given below. Then, find the appropriate option and fill up the form. You can apply online from 16 Sep 2020 to 30 Sep 2020.