Bank of India Recruitment 2020 for Officers | 214 Posts | B.Tech/Any Degree Graduates | Freshers | Apply Online
Table of Contents
Bank of India Recruitment 2020 – BOI invites online application form from the eligible candidates for the Recruitment of 214 Officers in various scales project for the post of Economist/ Statistician/ Risk Manager/ Credit Analyst/ Credit Officers/ Technical (Appraisal)/ IT (Fintech)/ IT (Data Scientist)/ IT (Data Analyst)/ IT (Info. Security). Candidates who completed their B.E/ B. Tech/ MBA/Ph.D./ PG Degree/ CA/ Degree are eligible to apply for this job. The selection process is based on the online examination/ interview. Interested and eligible candidates can apply online at (www.bankofindia.co.in) website from 16 September to 30 September 2020. The detailed eligibility criteria and application process of BOI Recruitment are given below.
Bank of India Recruitment 2020:
Bank of India Recruitment 2020 for Officers:
| Job Role | Officers |
| Total Posts | 214 |
| Qualification | B.E./ B. Tech/ MBA/ PhD/ PG Degree/ CA/ Degree |
| Salary | Up to Scale-IV |
| Job Location | Mumbai & Across India |
| Application Starting Date | 16 September 2020 |
| Last Date | 30 September 2020 |
Bank of India Recruitment – Detailed Eligibility:
Educational Qualification:
Economist SMGS IV:
- Ph.D degree in Economics/ Econometrics from a University/ Institution
- Experience: 5 or 7 years of experience
Economist MMGS II:
- Post Graduation degree in Economics/ Econometrics from a University/ Institution
- Experience: 4 years of experience
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Statistician MMGS II:
- Full-time Master’s / Post Graduate Degree in Statistics / Applied Statistics from a University/ Institution
- Experience: 4 years of experience
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Risk Manager SMGS IV/ MMGS III:
- Certification in Financial Risk Management from Global Association of Risk(GARP) OR
- CA / ICWA OR Masters in Finance with specialization in Actuarial Science.
- Experience: 3 to 5 years of experience
Credit Analyst SMGS IV:
- Two years of Full-time MBA in Finance/ PGDM in Finance/ CA/ ICWA
- Experience: 10 years of experience
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Credit Officers JMGS I:
- Degree (Graduation) in any discipline with minimum 60% marks along with MBA/ PGDBM/ PGDM/ PGBM/ PGDBA from the institute of repute (two/ three year programme)/ Post-graduation degree in Commerce/ Science/ Economics.
Technical (Appraisal):
- Bachelor’s Degree in Engineering in Infrastructure/ Power Plant/ Power Transmission & Distribution Systems/ Metallurgical/ Materials Science/ Construction Technology/ Textile/ Pharmacy / Pharmaceutical/ Semiconductors Engineering/Technology/ Oil and Gas/ Chemical/ Plastics/ Polymer Engineering/ Technology/ Industrial Engineering/ Production Engineering
- Experience: 03 years of experience
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IT (Fintech):
- B.E./ B. Tech in Computer Science/ Information Technology/ Electronics/Electrical & Electronics/Electronics & Communicationfrom recognised University.
- Experience: 03 to 08 years of experience
IT (Data Scientist):
- Ph.D. or Master’s Degree in statistics, computer science, or engineering.
- Experience: 08 years of experience
IT (Data Analyst):
- B.E/ B.Tech in Computer Science/ Information Technology/ Electronics/Electrical & Electronics/Electronics & Communication from recognised University/Institute.
- Experience: 03 to 08 years of experience
IT (Info. Security):
- Graduate or Post Graduate in Information Technology/ Computer Science/ Computer Application/ Electronics and Communication/ Electronics
- Experience: 03 to 08 years of experience
Age Limit (as on 01.09.2020):
- Credit Officers – 20 to 30 years
- IT (Fintech)/ IT (Data Analyst)/ IT (Info.Security) – 20 to 32 years
- Economist – II/ Statistician/ Risk Manager – III/ IT/ Tech Appraisal – 20 to 35 years
- Economist – IV/ Risk Manager – IV/ Credit Analyst/ IT – 20 to 38 years
Relaxation of Upper age limit:
- Scheduled Caste/Scheduled Tribe – 5 years
- Other Backward Classes (Non-creamy layer) – 3 years
- Persons With Benchmark Disabilities – 10 years
Post Wise Vacancies:
- Economist SMGS-IV – 2 posts
- Economist MMGS-II – 2 posts
- Statistician MMGS-II – 2 posts
- Risk Manager SMGS-IV – 3 posts
- Risk Manager MMGS-III – 6 posts
- Credit Analyst SMGS-IV – 60 posts
- Credit Officers JMGS-I – 79 posts
- IT (Fintech) SMGS-IV – 7 posts
- IT (Fintech) MMGS-III – 10 posts
- IT (Fintech) MMGS-II – 13 posts
- IT (Data Scientist) SMGS-IV – 3 posts
- IT (Data Analyst) MMGS-III – 3 posts
- IT (Data Analyst) MMGS-II – 6 posts
- IT (Info.Security) SMGS-IV – 2 posts
- IT (Info.Security) MMGS-III – 2 posts
- IT (Info.Security) MMGS-II – 4 posts
- Tech Appraisal MMGS-II – 10 posts
Pay Scale Details:
- Junior Management Grade Scale – I (JMGS I): Rs.23700-980/7-30560-1145/2-32850-1310/7-42020
- Middle Management Grade Scale-II(MMGS II): Rs.31705-1145/1- 32850-1310/10-45950
- Middle Management Grade Scale –III(MMGS III): Rs.42020-1310/5- 48570-1460/2-51490
- Senior Management Grade Scale –IV(SMGS IV): Rs.50030-1460/4- 55870-1650/2-59170
Selection Process:
- Selection will be through online tests and/or GD and/or personal interviews, depending on the number of applicants/ eligible candidates.
Online Examination:
| Name of the Tests | Max Marks | Duration |
| English Language | 50 | 150 Minutes |
| Professional Knowledge | 75 | |
| General Awareness with special reference to Banking Industry | 50 |
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Penalty for Wrong Answers:
- For each question for which a wrong answer has been given by the candidate one fourth or 0.25 of the marks
assigned to that question will be deducted as a penalty to arrive at the corrected score. - If a question is left blank, i.e. no answer is marked by the candidate; there will be no penalty for that question.
Interview:
- Merit list of the candidates based on the marks obtained by them in online examination will be prepared in descending order for the respective categories i.e. SC/ST/OBC/EWS/GEN.
- Candidates securing the minimum qualifying marks stipulated for Online Tests and ranking sufficiently high in the order of merit shall be called for Personal interview and/or GD
Minimum qualifying marks in Interview:
- For General/EWS category candidates – 40%
- For SC/ST/OBC/PWD – 35%.
Application Fees/Intimation Charges:
- SC/ST/PWD – Rs. 175/- (Intimation Charges Only)
- General & Others – Rs. 850/- (Application Fees + Intimation Charges)
How to Apply for BOI Bank of India Recruitment 2020?
All interested and eligible candidates can apply for BOI Recruitment 2020 online at (www.bankofindia.co.in) website from 16 September to 30 September 2020.
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To Apply: Click here
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Important Dates:
- Submission of online application commencing from 16.09.2020
- Last date for submission of online application 30.09.2020
- The relevant date for Age and Qualification 01.09.2020
- Tentative Date of Online Examination Will be advised separately
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