The Bank of India, one of India’s leading public sector banks, conducts annual recruitment drives to fill various vacancies. The official notification for the Bank of India Recruitment Exam 2024 has been released on the official website.
On the official website, aspirants can submit their applications online. The three steps of the Bank of India Recruitment selection procedure are the written exam (also known as the IBPS Clerk Test), group discussion, & personal interview. A maximum of 500 positions for IT Officers in the Specialized Stream plus Credit Officers in the Financial Service Stream have been offered by the Bank of India.
Under the Ministry of Finance, the Bank of India (BOI) is headquartered in Bandra Kurla Complex, Mumbai. Established in 1906, the government has owned it since nationalization in 1969. The Bank has over 5000 branches in India spread across all regions/union areas including special branches. The Bank came out with its first public issue in 1997.
Currently, the Bank has a foreign presence in 18 foreign nations spread across five continents – with 45 offices, including 4 Subsidiaries, 1 Representative Office, and 1 Joint Venture, at massive banking and financial entities in Tokyo, Singapore, Hong Kong, London, Paris, New York, and DIFC Dubai.
Bank of India Recruitment Notification has been released for 143 various officer posts. The Bank of India online exam date will be out soon on the official website.
The Bank of India recruitment process will involve a written examination, a group discussion, and an interview for selected candidates. The written examination may include objective-type questions on reasoning, quantitative aptitude, English language, and general awareness. Candidates interested in Bank of India recruitment can visit the bank’s official website or regularly check job portals for updates on job vacancies and application procedures.
Name of exam | Conducting Body |
Exam | Bank of India |
Post | Various posts |
Exam level | National |
Frequency | Annually |
Job Location | Across India |
Payscale | INR 45,950 – 59,170/- |
Vacancies | 143 |
Application Mode | Online |
Application fees | Exam Level |
Exam Mode | Online |
Official Website | bankofindia.co.in |
The Bank of India notification 2024 will provide all the essential information required for aspirants applying for the Bank of India recruitment for the post of probationary officer. The notification will help aspirants understand the Bank of India recruitment process and prepare for the exam.
Bank-of-India-Recruitment-2024-Notification-PDFThe preceding table lists crucial events for the Bank Of India Recruitment 2024.
Events | Important Dates |
Bank Of India Recruitment 2024 Notification PDF | 27th March 2024 |
Bank Of India Recruitment 2024 Apply Online Start Date | 27th March 2024 |
Last Day to Apply Online for the Bank Of India Recruitment Exam | 10th April 2024 |
Bank of India Recruitment Exam Admit Card 2024 | 13th June 2024 |
Bank of India Recruitment Exam Date 2024 | 22nd June 2024 |
Bank of India Recruitment Result 2024 | 7th October 2024 |
The Bank of India vacancy 2024 list is as follows:
Posts | Number of vacancies |
Credit Officers | 25 |
Technical Analyst | 11 |
Economist | 1 |
Law officers | 25 |
Senior Manager- IT (Statistician) | 2 |
Senior Manager- IT (Fintech) | 5 |
Senior Manager- IT-GRC(Risk and Control) | 1 |
Senior Manager- IT-Security Analyst | 4 |
Senior Manager- IT-End Point Security Manager for Tool Management | 1 |
Senior Manager- IT-Infra | 2 |
Senior Manager- IT- System (Windows/ Solaris/ RHEL) | 4 |
Chief Manager-Economist | 1 |
Chief Manager-IT – Database Administrator | 2 |
Chief Manager-IT -Cloud Operation | 1 |
Chief Manager-IT – Network | 1 |
Chief Manager-IT – System | 1 |
Chief Manager-IT – Infra | 1 |
Chief Manager-IT – Info. security | 1 |
Senior Manager- IT-Network Security/ Operation | 3 |
Senior Manager- IT-Cloud Operation | 2 |
Senior Manager- IT- Data Analyst | 4 |
Senior Manager- IT- Database | 3 |
Senior Manager- IT | 4 |
Oracle Exadata Administrator | 2 |
Linux Administrator | 2 |
Chief Manager- Marketing (Chief Wealth Manager) | 11 |
Platform Engineering Expert | 2 |
Data Governance Expert | 2 |
Data Quality Developer | 2 |
Database Administrator | 2 |
ML Ops Full Stack Developer | 2 |
Data Scientist | 2 |
Law Officer | 31 |
Statistician | 1 |
Total | 164 |
Before being considered for the position, candidates need to complete the registration process.
Three steps make up the Bank Of India Recruitment application procedure: enrollment, request completion, & payment of fees. Here are some general steps that can help you fill out the Bank of India Recruitment Application Form:
Note: It is advisable to keep a copy of the application form, fee receipt, and other relevant documents for future reference. Additionally, candidates should carefully read the instructions and guidelines in the recruitment notification and application form to ensure their application is submitted successfully.
Only online applications will be accepted; the authorities will accept no other application methods. Moreover, the online application process of the Bank of India Officers will consist of three stages: Application Registration, Payment of Fees, and Loading of documents.
Category | Application Fees |
General/EWS/OBC | Rs. 850 |
SC/ST/PWD | Rs. 175 |
Applicants must meet the eligibility requirements before applying for the Bank Of India Recruitment 2024. Applicants can review the academic requirements and age restrictions for JMGS-I probation officers (credit officers & IT officers) below. Keep checking the website for updates.
Posts | Qualification | Experience |
Credit Officers | A degree in any discipline from the following: MBA/PGDBM/PGDM/PGBM/ PGDBA with specialization in Finance / Banking (two/three-year program) / Post-graduation degree in Commerce/ Science /Economics with minimum 60% marks. and CA / ICWA / CS with a certification in computer course for a minimum of three months/ Information Technology as one of the subjects at graduation level is a must | 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 |
Technical Analyst | Degree from a University/ Institution/ Board recognized by Govt. of India/ approved by Govt. Regulatory Bodies and CMT | Corporate Treasury (Front office) of financial institutional/reputed corporation shall be given preference |
Economist | Post-graduation degree in Economics / Econometrics Candidates will be preferred from: Specialization in Financial Economics / Behavioral Economics from Premier Institutes like Delhi School of Economics, Madras School of Economics, JNU, Jamia Millia Islamia University, IGIDR, etc., | Financial institutions/ Bank’s Treasury / Rating Agencies / Analytics Firms / Reputed Brokerages Agencies shall be given preference |
Law officers | Graduate in law (3 years/ 5 years full-time regular course) from a recognized University | 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 or as a judicial officer However, out of 6 years, at least one year of experience of working as a law officer in a Bank, PSU, or Financial Institution is a must |
Senior Manager- IT (Statistician) | Maters’s Degree in Statistics / Applied Statistics Candidates from premier statistical Institutes will be preferred | 5+ years of experience as an Officer in Financial Institutions / Rating Agencies / Analytics Firms / Reputed Brokerage Agencies / Corporate Organizations like CRISIL, CIBIL, ICRA, etc., out of which 3 years experience in the relevant field |
Senior Manager- IT (Fintech) | B.E./ B. Tech/ B.Sc in Computer Science/ Information Technology/ Electronics/ Electrical & Electronics/ Electronics & Communication with minimum 60% or MCA / M. Sc. (Computer science/ IT) | 3 years in Information Technology. and 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-GRC(Risk and Control) | B.E./ B. Tech/ M. Tech in Computer Science/ Information Technology/ Electronics/ Electrical & Electronics/ Electronics & Communication. or MCA/ Masters with specialization in Information Technology/ Information Security/Cybersecurity | Minimum of 5 years of IT experience in commercial banks/ financial companies / financial services organizations/ IT services companies/ Telecom companies/Information Security companies. At least 3 years of experience in the role of IT Risk Management and Control Assessments |
Senior Manager- IT-Security Analyst | B.E./ B. Tech/ M. Tech in Computer Science/ Information Technology/ Electronics/ Electrical & Electronics/ Electronics & Communication. or MCA/ Masters with specialization in Information Technology/ Information Security/cybersecurity | 5 years of IT experience in commercial banks/ IT services companies/ Telecom companies/ Information Security companies. At least 3 years of experience in the role of Security Analyst /Database Security Analyst/ Threat Hunting/ Application Security Assessment |
Senior Manager- IT-End Point Security Manager for Tool Management | B.E./ B. Tech/ B.Sc in Computer Science/ Information Technology/ Electronics/ Electrical & Electronics/ Electronics & Communication with minimum 60% or MCA / M. Sc. (Computer science/ IT) | 5 Years of experience in managing endpoint security of any reputed organization (Preferably Banking or IT Sector). 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 |
Senior Manager- IT-Infra | B.E./ B. Tech/ B.Sc in Computer Science/ Information Technology/ Electronics/ Electrical & Electronics/ Electronics & Communication with minimum 60% or MCA / M. Sc. (Computer science/ IT) | 5 years of hands-on experience in IT of which a minimum of 3 years experience System Administration Domain preferably in the BFSI / IT sector |
Senior Manager- IT- System (Windows/ Solaris/ RHEL) | B.E./ B. Tech/ B.Sc in Computer Science/ Information Technology/ Electronics/ Electrical & Electronics/ Electronics & Communication with minimum 60% or MCA / M. Sc. (Computer science/ IT) | 5 years of hands-on experience in IT of which a minimum of 3 years experience System Administration Domain preferably in the BFSI / IT sector |
Chief Manager-Economist | Post-graduation degree in Economics / Econometrics Candidates will be preferred from: Specialization in Financial Economics / Behavioral Economics from Premier Institutes like Delhi School of Economics, Madras School of Economics, JNU, Jamia Millia Islamia University, IGIDR, etc., | 5 years in Rating Agencies / Banks/ PDs will be considered. 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 | B.E./ B. Tech in Computer Science/ Information Technology/ Electronics/ Electrical & Electronics/ Electronics & Communication with minimum 60% or MCA / M. Sc. (Computer science/ IT) | 8 years of hands-on experience in managing Oracle large databases in the BFSI domain. Industry Desirable: Database management in the Banking sector. Knowledge of Other RDBMS MySQL/MSSQL/ Postgres will be an added advantage |
Chief Manager-IT -Cloud Operation | B.E./ B. Tech in Computer Science/ Information Technology/ Electronics/ Electrical & Electronics/ Electronics & Communication with a minimum 60% or MCA / M. Sc. (Computer science/ IT) | 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 | B.E./ B. Tech in Computer Science/ Information Technology/ Electronics/ Electrical & Electronics/ Electronics & Communication with a minimum 60% or MCA / M. Sc. (Computer science/ IT) | 8 years of post-basic qualification experience in IT, of which a minimum of 5 years of experience Networking Domain |
Chief Manager-IT – System | B.E./ B. Tech in Computer Science/ Information Technology/ Electronics/ Electrical & Electronics/ Electronics & Communication with a minimum 60% or MCA / M. Sc. (Computer science/ IT) | 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 | B.E./ B. Tech in Computer Science/ Information Technology/ Electronics/ Electrical & Electronics/ Electronics & Communication with a minimum 60% or MCA / M. Sc. (Computer science/ IT) | 8 years post basic qualification Experience in IT Industry/ BFSI or IT Vertical of an Organization as Infra Administrator |
Chief Manager-IT – Info. security | B.E./ B. Tech/ M. Tech in Computer Science/ Information Technology/ Electronics/ Electrical & Electronics/ Electronics & Communication. or MCA or Masters with specialization in Information Technology/ Information Security /Cyber security | 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 |
Senior Manager- IT-Network Security/ Operation | B.E./ B. Tech/ B.Sc in Computer Science/ Information Technology/ Electronics/ Electrical & Electronics/ Electronics & Communication with minimum 60% or MCA / M. Sc. (Computer science/ IT) | 5 years of experience in IT of which a minimum of 3 years experience in the design and operation of Wide Area Networks, Routing, and Switching |
Senior Manager- IT-Cloud Operation | B.E./ B. Tech/ B.Sc in Computer Science/ Information Technology/ Electronics/ Electrical & Electronics/ Electronics & Communication with minimum 60% or MCA / M. Sc. (Computer science/ IT) | 5 years of experience in the IT Industry/ BFSI/ IT Vertical of an Organization as Cloud Administrator/Manager/Engineer /Specialist |
Senior Manager- IT- Data Analyst | Marks in B.E./ B. Tech / BSc in Computer Science/ Information Technology/ Electronics/ Electrical & Electronics/ Electronics & Communication, MCA / M. Sc in Computer science-IT, MBA in Business Analytics, PG in Statistics (With minimum 60%) | 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 Financial/ Corporate |
Senior Manager- IT- Database | B.E./ B. Tech/ B.Sc in Computer Science/ Information Technology/ Electronics/ Electrical & Electronics/ Electronics & Communication. MCA / M. Sc. (Computer science/ IT) (with minimum 60%) | 5 years of IT experience in commercial banks/ financial companies /organizations/ IT services companies/ Telecom companies/ Information Security companies. and At least 3 years of experience in the role of Security Analyst /Database Security Analyst/ Threat Hunting/ Application Security Assessment |
Senior Manager- IT | Marks in B.E./ B. Tech / BSc in Computer Science/ Information Technology/ Electronics/ Electrical & Electronics/ Electronics & Communication, MCA / M. Sc in Computer science-IT, MBA in Business Analytics, PG in Statistics (With minimum 60%) | 5 Years of experience in Application development (coding, testing, and maintenance of application/ software) with at least 3 years of experience in handling digital channels (Internet Banking/ Mobile Banking/ UPI) for any reputed organization preferably Banking or IT Sector or FinTech company |
Oracle Exadata Administrator | B.E./ B. Tech/ B.Sc in Computer Science/ Information Technology/ Electronics/ Electrical & Electronics/ Electronics & Communication. MCA / M. Sc. (Computer science/ IT) (with minimum 60%) | 5+ years of experience in Managing the Oracle Exadata Platform |
Linux Administrator | B.E./ B. Tech/ B.Sc in Computer Science/ Information Technology/ Electronics/ Electrical & Electronics/ Electronics & Communication. MCA / M. Sc. (Computer science/ IT) (with minimum 60%) | 5+ years of experience in Linux Administration |
Chief Manager- Marketing (Chief Wealth Manager) | A degree in any discipline from a recognized university or MBA/PGDM in any (Marketing/Finance & related) is required. Regulatory Certifications eg. NISM, IRDA, Preference to candidate having Wealth Management by IIBF, | 10 Years of experience in managing sales in the Wealth Management/ Insurance sector/Mutual Fund Industry. and 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 |
Platform Engineering Expert | B.E./ B. Tech/ B.Sc in Computer Science/ Information Technology/ Electronics/ Electrical & Electronics/ Electronics & Communication. MCA / M. Sc. (Computer science/ IT) (with minimum 60%) | 5+ years of experience in design, implementation, and support operation of Containerized Environment |
Data Governance Expert | B.E./ B. Tech/ B.Sc in Computer Science/ Information Technology/ Electronics/ Electrical & Electronics/ Electronics & Communication. MCA / M. Sc. (Computer science/ IT) (with minimum 60%) | 5+ years of experience in data integration and data governance solutions like Data Catalog, MDM, and Data Quality, data warehousing / Big Data/ Hadoop / RDBMS, Data management tools, and technologies |
Data Quality Developer | B.E./ B. Tech/ B.Sc in Computer Science/ Information Technology/ Electronics/ Electrical & Electronics/ Electronics & Communication. MCA / M. Sc. (Computer science/ IT) (with minimum 60%) | 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 |
Database Administrator | B.E./ B. Tech/ B.Sc in Computer Science/ Information Technology/ Electronics/ Electrical & Electronics/ Electronics & Communication. MCA / M. Sc. (Computer science/ IT) (with minimum 60%) | 5+ years of hands-on experience in managing Oracle large databases in the BFSI domain |
ML Ops Full Stack Developer | B.E./ B. Tech/ B.Sc in Computer Science/ Information Technology/ Electronics/ Electrical & Electronics/ Electronics & Communication. MCA / M. Sc. (Computer science/ IT) (with minimum 60%) | 5+ years of data science experience using Python, and 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. Public Sector Bank and Private Sector Bank candidates applying for the post, should be currently working in Scale –II/ equivalent at least |
Data Scientist | B.E./ B. Tech/ B.Sc in Computer Science/ Information Technology/ Electronics/ Electrical & Electronics/ Electronics & Communication. MCA / M. Sc. (Computer science/ IT) (with minimum 60%) | 5+ years of data science experience using Python, and 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 Public Sector Bank and Private Sector Bank candidates applying for the post, should be currently working in Scale –II/ equivalent at least |
The minimum age limit for most BOI recruitment is 20 years and the maximum age limit is usually 30 years. However, age relaxation is provided for candidates in certain categories per government rules.
The reserved classification of age relaxation is shown in the chart below:
Category | Age Relaxation |
SC/ST | 5 years |
OBC | 3 years |
PWD | 10 years |
Persons affected by the 1984 riots | 5 years |
Ex-Servicemen as well as Commissioned Officers, notably Emergency Commissioned Officers (ECOs) as well as Short Service Commissioned Officers, who’ve already provided a minimum of 5 years of term and who have been discharged after the deployment is complete | 5 years |
The Bank of India Recruitment admit card is usually released a few weeks before the scheduled exam date. By submitting their enrollment number & password on the bank’s authorized portal, aspirants may get their Bank of India admit card. Carrying the Bank of India Admit Card to the exam center is mandatory as proof of identity and allows entry into the exam hall.
Obtain your Bank of India Recruitment Exam admit card through the following below-mentioned procedure:
Topics | Sub-topics |
English language | Ratio Analysis, Cash Flow Statement, Budget and Budgetary, Control Process Costing, Sources of Finance, Capital Structure, Analysis Standard Costing and various Analyses, Cost of Capital, Capital Budgeting, Marginal Cost and Cost Volume Profit, Material, Labor Cost and Overhead Cost, Contract Costing, Sources of Finance |
Accounting | Marginal Costing, Social Accounting, Absolute Costing, Overview of Cost Accounting, Activity-based Costing, Inventory Valuation, Cost Volume Profit Analysis, Cost Sheet and Work Capital, Target Costing, Transfer Pricing, Forecasting |
General knowledge | Budget facts and five-year plans, History, Countries and Capitals, Sports, CultureGeneral Politics, Current Affairs, Science and Innovations, Economy, Banking and Finance |
Corporate Accounting | Insurance of shares, Divisible Profits and Bonus Issues, Dividend Distribution, Guidelines of SEBI, Valuation of Goodwill and Shares, Redemption of preference shares, Issues, Forfeitures and Re-issues of Shares, Final Accounts, Accounting for Amalgamation Companies, Underwriting Issues and Redemption of Debentures |
Business law | Provident Fund, Industrial Dispute Act, Negotiable Instruments, Labour Law, Factories Act, Partnership Act, Gratuity Act, Company Law, Contract Act |
Management Accounting | Ratio Analysis, Cash Flow Statement, Budget and Budgetary, Control Process Costing, Sources of Finance, Capital Structure, Analysis Standard Costing, and various Analyses, Cost of Capital, Capital Budgeting, Marginal Cost and Cost Volume Profit, Material, Labor Cost, and Overhead Cost, Contract Costing, Sources of Finance |
Economics | Micro and Macro Economics, Money Market, Information related to money market and RBI Policies, Capital Market |
The selection process for BOI Recruitment 2024 generally consists of three stages:
1. Online Exam: The first stage of the selection process is an online exam that consists of multiple-choice questions. The exam generally covers Reasoning Ability, Quantitative Aptitude, English Language, General Awareness, and Computer Knowledge.
2. Group Discussion (GD) and Personal Interview (PI): Candidates who qualify in the online exam are called for the next stage, the GD and PI. In the GD, candidates are given a topic to discuss and are evaluated on their ability to communicate effectively and present their ideas. In the PI, candidates are evaluated on their personality, communication skills, and overall suitability for the job.
3. Final Selection: The final selection is based on the candidate’s performance in the online exam, GD, and PI. The selected candidates are offered the position of Probationary Officer at the Bank of India.
The table below covers the Bank Of India Recruitment 2024 Examination Pattern.
Section | No. of Questions | Maximum Marks | Time Duration |
English language | 35 | 40 | 40 minutes |
Reasoning and Computer Aptitude | 45 | 60 | 60 minutes |
General/ Economy/ Banking Awareness | 40 | 40 | 35 minutes |
Data Analysis & Interpretation | 35 | 60 | 45 minutes |
Total | 155 | 200 | 180 minutes |
The Bank of India (BOI), one of India’s leading public sector banks, periodically recruits for various jobs. Here’s an in-depth look at the normal Bank of India recruitment process:
Every step of the hiring procedure would be accompanied by a disclosure of the Bank of India Recruitment Exam Results from BOI. The official website would publish the results on its official webpage. By entering your login information and password, applicants can see their results.
The following are the details about the Bank of India Recruitment Exam result:
The salary of Bank of India (BOI) Probationary Officers (PO) may vary depending on the location and other factors. The starting basic pay for a BOI PO may range from Rs. 23,700 to Rs. 42,020 per month. In addition to the basic pay, the PO may be eligible for various allowances such as Dearness Allowance (DA), House Rent Allowance (HRA), Medical Allowance, etc.
The salary and allowances may be revised occasionally as per the bank’s policies and government regulations.
Check Out Other Banking Exams :
IBPS PO Exam Dates, Fees, Eligibility & Notification
SBI PO Exam Dates, Fees, Eligibility & Notification
South Indian Bank PO Exam Dates, Fees, Eligibility & Notification
RBI Grade B Exam Dates, Fees, Eligibility & Notification
The selection process for Bank of India Recruitment typically involves an online exam, a Group Discussion, and/or Personal Interview and document verification. The final selection is based on the candidate’s performance in these stages.
The last date to apply for Bank Of India Recruitment 2024 is 10th April 2024.
The application process for the Bank of India exam typically involves filling out an online application form on the bank’s official website, uploading required documents, and paying the application fee. The official recruitment notification provides detailed instructions and guidelines for the application process.
The age limit for Bank of India recruitment varies depending on the position and category of the candidate. Generally, the minimum age limit is 20 years and the maximum is 30-35 years. However, the official notification mentions the specific age criteria for each recruitment notification.
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Chegg India does not ask for money to offer any opportunity with the company. We request you to be vigilant before sharing your personal and financial information with any third party. Beware of fraudulent activities claiming affiliation with our company and promising monetary rewards or benefits. Chegg India shall not be responsible for any losses resulting from such activities.
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