Exam Detail

BOIBank of India

  • Test Level-: State Level
  •     Eligibility-: Graduation
  • Duration-:3 Hours
  • Stream-: Arts
  • Medium-: English
  • Examination Mode-: Both
  • Total Questions-: 150

An official notification for recruiting eligible candidates for 143 vacancies of officers in various streams has been released by the Bank of India. The posts of Chief Managers, Credit Officers, Economists,  Law Officers, Data Scientists, etc. are announced through the recruitment drive. The authorities have started the online registrations for the Bank of India Recruitment 2024 at the official website www.bankofindia.co.in from 27th March 2024 onwards. The candidates who fulfill the age limit, educational qualifications, and work experience criteria as per the respective posts can fill out the application form. This article provides some important information related to this recruitment drive in brief

Bank of India Recruitment 2024 Notification PDF

Project number 2023-24/1 have been published by the official authorities on their official web portal www.bankofindia.co.in. The official notification pdf contains the complete details including registration dates, vacancy, eligibility, exam pattern, etc. regarding the recruitment drive. Any candidate who is interested in the officer’s posts in various streams up to scale IV must read out the complete notification pdf. Candidates can download the Bank of India Recruitment 2024 Notification pdf from the direct link shared here.

BOI Recruitment 2024- Overview

The Bank of India a leading Public Sector Bank and Head Office in Mumbai has invited online applications for the recruitment of 143 officer posts in various streams. Selection of the candidates for said vacancies will be done through an online test and/or personal interview. Look at the overview table below for details regarding BOI Recruitment 2024

Bank of India 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 Eligibility Criteria

The official authorities have set certain criteria for the candidates to apply for the recruitment process based on educational qualification, work experience, and age limit factors. Candidates are bound to obey the limitations otherwise they will get disqualified from the Bank of India Recruitment 2024 process and their applications will be rejected.

 

Education Qualification

Posts

Work Experience

Credit Officers

A Graduation degree in any discipline from the following with minimum 60% marks.

MBA/PGDBM/PGDM/PGBM/ PGDBA with specialization in Finance / Banking and Finance from the institute of repute (two/three-year programme) / Post-graduation degree in Commerce/ Science /Economics.

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 is a must

Chief Manager-Economist

&

 

Economist

Post-graduation degree in Economics / Econometrics (from a University/ Institution/ Board recognized by Govt. of India/ approved by Govt. Regulatory Bodies)   Candidates will be preferred from:

 

Specialization in Financial Economics / Behavioral Economics.

Premier Institutes / Universities such as Delhi School of Economics, Madras School of Economics, JNU, Jamia Millia Islamia University, IGIDR, etc., or institutes of national importance as published by MHRD, Govt. of India.

Chief Manager-IT-Database Administrator/ Cloud Operator/ Network/ System/ Infra

Candidates require a minimum of 60% Marks in any discipline from the following.

B.E./ B. Tech in Computer Science/ Information Technology/ Electronics/ Electrical & Electronics/ Electronics & Communication.

MCA / M. Sc. (Computer science/ IT).

Chief Manager-IT-Info. Security

Candidates require any degree from the following.

B.E./ B. Tech/ M. Tech in Computer Science/ Information Technology/ Electronics/ Electrical & Electronics/ Electronics & Communication.

MCA or Masters with specialization in Information Technology/ Information Security /Cyber security

Chief Manager-Marketing (Chief Wealth Manager)

A Graduation degree in any discipline from a recognized university by the Govt. of India/Govt. bodies/AICTE or an MBA/PGDM in any (Marketing/Finance & related) is required.

Regulatory Certifications eg. NISM, IRDA, Preference to candidate having Wealth Management by IIBF, etc

Law Officers

Candidate needs to be a 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

Candidates require a minimum of 60% Marks in any discipline from the following.

B.E./ B. Tech/ B.Sc in Computer Science/ Information Technology/ Electronics/ Electrical & Electronics/ Electronics & Communication.

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

Candidates require a minimum of 60% Marks in any discipline from the following.

 B.E./ B. Tech/ B.Sc in Computer Science/ Information Technology/ Electronics/ Electrical & Electronics/ Electronics & Communication.

MCA / M. Sc. (Computer science/ IT)

Senior Manager-IT- Data Analyst

Candidates require a minimum of 60% Marks in any discipline from the following.

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

Senior Manager-IT-Security Analyst/ GRC (Risk and Control)

Candidates require a degree in any discipline from the following.

 

B.E./ B. Tech/ M. Tech in Computer Science/ Information Technology/ Electronics/ Electrical & Electronics/ Electronics & Communication.

MCA/ Masters with specialization in Information Technology/ Information Security / Cyber security

Senior Manager-IT- Statistician

Candidates require a degree in Full-time Master’s /Post Graduate Degree in Statistics / Applied Statistics (from a University/ Institution/ Board recognized by Govt. of India/ approved by Govt. regulatory Bodies)

Candidates from premier statistical Institutes / Universities will be preferred

Technical Analyst

Candidates need a Graduation degree from a University/ Institution/ Board recognized by Govt. of India/ approved by Govt. Regulatory Bodies and CMT

Note:

  1. Candidates belonging to reserved category (SC/ST/OBC/PWD) applying for reserved vacancies (SC/ST/OBC/PWD) will be entitled for relaxation of 5%, wherever minimum 60% marks is stipulated in Educational Qualifications i.e. they should have minimum 55% marks.
  2. Candidate should indicate the percentage obtained in Graduation calculated to the nearest two decimals in the online application. Where CGPA / OGPA is awarded, the same should be converted into percentage and indicate the same in online application. The fraction of percentage will be ignored i.e. 59.99% will be treated as less than 60% and 54.99% will be treated as less than 55%.
  3. Calculation of Percentage: The percentage marks shall be determined as per norms of respective Universities.

Candidates who were holding the similar post in Bank of India in the past are not eligible, hence need not apply.

  1. Candidates ready to work anywhere in India should apply.
  2. Candidates having the requisite qualification stipulated for the post can only apply.
  3. The candidates can apply only for one post. In case of multiple applications, only the latest valid (completed) application will be retained and the application fee/ intimation charges paid for the other multiple registration(s) will stand forfeited.

Bank of India Recruitment 2024 Apply Online

The Bank of India (BOI) has started accepting online application forms for various posts through its official website www.bankofindia.co.in. Candidates are suggested to apply online for released vacancies before the last registration date i.e. 10th April 2024 to avoid the last-minute technical hassle. Before applying candidates must check the complete eligibility criteria as per the respective posts for which they are applying. The candidates are also advised to fill out the application form only with the correct information. The direct link to apply for the Bank of India Recruitment 2024 is also shared here after this paragraph. 

Bank of India Recruitment 2024 Application Fee

While filling out the online application form for BOI Recruitment 2024, candidates need to pay an amount as an application fee which is non-refundable. The application fee for the general category candidates other than SC/ST/PwBd is Rs 850. The candidates are advised to fill out the application fees before the last date i.e. 10th April 2024, any amount received by the authorities after the specified date will not be considered

Categories

                                         Application Fees

SC/ST/PWD 

          Rs 175/- (Intimation Charges only)

General and others

        Rs 850/- (Application Fee+Intimation Charges)

SC/ST/PWD

           Rs 175/- (Intimation Charges only)

General and others

       Rs 850/- (Application Fee+Intimation Charges)

Steps to Apply for Bank of India Recruitment 2024

Candidates are suggested to follow the steps mentioned below to apply for Bank of India Recruitment 2024 and make sure to have a good internet connection while filling out the application form.

1. Visit the official page, www.bankofindia.co.in.

2. Scroll down the homepage and click on the ‘Career’ tab available under the ‘Important Links’ section.

3. Then click on the ‘View All’ button under the ‘Recruitment Notice’ tab.

4. Search for the link “Recruitment of officer in various streams up to Sale IV- Project No. 2023-24/1 Notice dated 01.02.2024”. A PDF will appear on the screen, click on the ‘Click Here’ link provided in front of apply online text.

5. Enter your name, contact details, and email ID for registration. Complete the registration and get the confirmation.

6. Now candidates can fill in the application form, where personal information, educational information, and other supportive documents are required.

7. Click on the preview table, recheck the details, and submit the application form.

8. Then, click on the payment tab to pay the application fees as per the respective categories. Now, click on the final submit button, and the registration is completed.

 

Bank of India Recruitment 2024 Syllabus

The candidates who have to appear in the Bank of India exam must prepare every topic of the English language, general awareness, and respective professional knowledge subjects. The topics to be prepared for the written examination for various officer posts is provided in the table below.

 

Subject

Syllabus

English Language

Reading Comprehension

Word Swap

Error detection

Para jumble

Vocabulary Based Questions

Cloze test

Fillers

Sentence Rearrangement

Idioms & Phrases

General Awareness

National and International current affairs

Important days and their themes

Banking reforms

SARFESI Act

Latest acts related to banking

Latest circulars from RBI

Priority sector lending (PSL)

Credit Rating Agencies

Basel Norms

Important national & international organizations & their headquarters

Latest mergers and MOUs of banks & financial institutions

Important Committees

Regulatory bodies like SEBI, NABARD and RBI

The latest news related to Nonperforming assets, Bank Profits

Best Books 

  • High School English Grammar and Composition by Wren and Martin
  • Manorama Year Book by Manorama Publications
  • Lucent’s General Knowledge
  • Indian Economy by Ramesh Singh
  • Taxmann’s Business Law
  • General Knowledge By Arihant Publications
  • Word Power Made Easy by Norman Lewis

Bank of India Preparation – Expert’s Tips and Strategies

Here, we have shared some important tips that you can follow to prepare for Bank of India Exam.

Regular Revisions: The candidates must follow a daily revision schedule for all the chapters they have prepared. Candidates should practise more and use Internet resources after finishing the syllabus. These are more beneficial and offer up-to-date knowledge for Bank of India Preparation.

Make a Study Timeline: Candidates who intend to study for the Bank of India require and ought to have an appropriate schedule for their time. They must have the ability to manage their time for the necessary topics.

Candidates must first identify their areas of weakness before working to improve those areas so that they may easily satisfy the exam cutoffs. Additionally, candidates should pay attention to how much time they will need to complete a given question.

Attempt Mock Questions: Exam preparation includes answering mock set questions. You can practise for the bank exam in a test-like setting by taking BYJU’S online practice tests. Your ability to organise your time better as a result of this.

Solve Past Year’s Questions: It is one of the best preparation resources for the candidates. Solve previous years’ question papers after completing the syllabus to know whether you are fully prepared for the exam or not.

Follow News Article Daily: To keep up with all the latest news, candidates must read newspaper articles every day. Make a list of all the significant current events and review them whenever you have free time.

Utilize Freetime: Spend your leisure hours by revising the concepts that you have prepared for the exam. It will help you know your position in the Bank of India Preparation.

Make Study Notes: In a notepad, note down all the crucial formulas, hypotheses, and queries. Keeping a notepad will aid in your accuracy-building efforts. You can also study quickly in advance of the test.

 

Bank of India Cut Off 2023

ow to check the Bank of India Cut-Off Marks?

The candidates can follow these steps to check out the cut-off marks of the Bank of India exam:

Step 1: Go to the official website of Bank of India – https://bankofindia.co.in/

Step 2: Scroll the page and click on the ‘Career’ section. 

Step 3: The Career page will have all the details regarding the latest advertisement and vacancies in the Bank of India. 

Step 4: Any updates regarding the result and cut-off will be updated by the commission on the result section of the Career page. 

Step 5: Usually the cut-off marks are released by the bank after the results are announced. Therefore, the candidates can download the cut-off PDF when it is released for future reference. 

In India, the banking sector attracts lakhs of candidates every year to join their organizations. These bank exams are almost conducted annually and candidates can check details about the same at the linked article.

Aspirants who shall be appearing for the exam for the first time and are willing to get some preparation tips and study material for the competitive exams can turn to BYJU’S for assistance. 

The online exam for Bank of India 2023 is yet to be conducted. Once the exam result is released, candidates can know the cut off for the year. However, aspirants can refer to the previous year cut off details for better understanding of the competition level of the exam.

Bank of India Cut Off 2022

The online exam, which is the first stage of the Bank of India, has been conducted on 21st August 2022. The cut-off marks for the online examination have not yet been released. 

Bank of India Cut Off 2021

Cut-off marks of the candidates provisionally selected after the Interview for Bank of India recruitment 2020-21 are as under:

Bank of India Cut Off 2021
Category Cut-Off
CREDIT ANALYST SMGS-IV
SC
ST
OBC 61.20
EWS
GENERAL
VI
CREDIT OFFICERS JMGS-I
SC 48.20
ST 39.40
OBC 50.80
EWS 52.20
GENERAL 55.60
VI 51.60
IT (FINTECH) MMGS-II 
SC
ST
OBC
EWS
GENERAL 49.00
VI
IT (FINTECH) MMGS-III 
SC
ST
OBC
EWS
GENERAL 54.40
VI
IT (FINTECH) SMGS-IV 
SC 51.80
ST
OBC
EWS
GENERAL 48.80
VI
RISK MANAGER MMGS-III 
SC
ST
OBC
EWS
GENERAL 65.80
VI
RISK MANAGER SMGS-IV 
SC
ST
OBC
EWS
GENERAL 61.60
VI
TECHNICAL APPRAISAL MMGS-II 
SC
ST
OBC
EWS
GENERAL 70.20 
VI

 

Name of the Post

 

Stream

 

Scale

Category      wise      distribution      of vacancies to be declared

Out Of which

Age as on

01.02.2024

SC

ST

OBC

EWS

GEN

TOTAL

HI

VI

OC

ID

Min.

Max.

Credit Officers

GBO

MMGS-II

3

1

6

2

13

25

-

1

-

-

23

35

Name of the Post

 

Stream

 

Scale

Category       wise      distribution                    of vacancies to be declared

Out Of which

Age as on

01.02.2024

SC

ST

OBC

EWS

GEN

TOTAL

HI

VI

OC

ID

Min.

Max.

Chief Manager - Economist

SPL

SMGS-IV

-

-

-

-

1

1

-

-

-

-

28

45

Chief Manager - IT – Database Administrator

SPL

SMGS-IV

-

-

1

-

1

2

-

-

-

-

28

40

Chief Manager - IT – Cloud Operation

SPL

SMGS-IV

-

-

-

-

1

1

-

-

-

-

28

40

Chief Manager - IT - Network

SPL

SMGS-IV

-

-

-

-

1

1

-

-

-

-

28

40

Chief Manager - IT - System

SPL

SMGS-IV

1

-

-

-

-

1

-

-

-

-

28

40

Chief Manager - IT - Infra

SPL

SMGS-IV

-

-

-

-

1

1

-

-

-

-

28

40

Chief Manager - IT – Info.

Security

SPL

SMGS-IV

-

-

1

-

-

1

-

-

-

-

28

40

Chief Manager - Marketing (Chief Wealth Manager)

 

SPL

 

SMGS-IV

-

-

-

-

1

1

-

-

-

-

32

40

Total

 

 

1

-

2

-

6

9

-

-

-

-

 

 

 

Name of the Post

 

Stream

 

Scale

Category      wise     distribution                    of vacancies to be declared

Out Of which

Age as on

01.02.2024

SC

ST

OBC

EWS

GEN

TOTAL

HI

VI

OC

ID

Min.

Max.

Law Officers

SPL

MMGS-III

4

3

8

3

13

31

1

-

1

-

25

35

Data Scientist

SPL

MMGS-III

1

-

-

-

1

2

-

-

-

-

28

37

ML Ops Full Stack Developer

SPL

MMGS-III

-

-

-

1

1

2

-

-

-

-

28

37

Database Administrator

SPL

MMGS-III

-

-

1

-

1

2

-

-

-

-

28

37

Data Quality Developer

SPL

MMGS-III

1

-

-

-

1

2

-

-

-

-

28

37

Data Governance Expert

SPL

MMGS-III

-

-

1

-

1

2

-

-

-

-

28

37

Platform Engineering

Expert

SPL

MMGS-III

-

-

1

-

1

2

-

-

-

-

28

37

Linux Administrator

SPL

MMGS-III

-

-

1

-

1

2

-

-

-

-

28

37

Oracle Exadata Administrator

SPL

MMGS-III

-

-

1

-

1

2

-

-

-

-

28

37

Senior Manager

- IT

SPL

MMGS-III

1

1

1

-

1

4

1

-

-

-

28

37

Senior Manager

- IT– Data Analyst

SPL

MMGS-III

1

1

1

-

1

4

-

-

-

-

28

37

Senior Manager

- IT - Database

SPL

MMGS-III

1

-

1

-

1

3

-

-

-

-

28

37

Senior Manager

- IT – Cloud Operation

SPL

MMGS-III

-

-

1

-

1

2

-

-

-

-

28

37

Senior Manager

- IT – Network Security

/Operation

SPL

MMGS-III

-

-

1

1

1

3

-

-

-

-

28

37

Senior Manager

- IT – System (Windows

/Solaris/RHEL)

SPL

MMGS-III

1

-

1

1

1

4

-

-

-

-

28

37

Senior Manager

- IT - Infra

SPL

MMGS-III

-

-

1

-

1

2

-

-

-

-

28

37

Senior MGR – IT End Point Security Manager for

Tool Management

SPL

MMGS-III

-

-

-

-

1

1

-

-

-

-

28

37

Senior Manager – IT - Security Analyst

SPL

MMGS-III

1

-

1

1

1

4

-

-

-

-

28

37

Senior MGR – IT - GRC (Risk

& Control)

SPL

MMGS-III

-

-

-

-

1

1

-

-

-

-

28

37

Senior Manager

- IT (Fintech)

SPL

MMGS-III

1

1

1

1

1

5

-

-

-

1

28

37

Senior Manager

- IT- Statistician

SPL

MMGS-III

-

-

1

-

1

2

-

-

-

-

28

37

Total

 

 

12

6

23

8

33

82

2

-

1

1

 

 

Name of the Post

 

Stream

 

Scale

Category wise distribution of vacancies to be declared

Out Of which

Age as on

01.02.2024

SC

ST

OBC

EWS

GEN

TOTAL

HI

VI

OC

ID

Min.

Max.

Law Officers

SPL

MMGS-II

7

2

5

2

9

25

-

-

1

-

25

32

Economist

SPL

MMGS-II

-

-

-

-

1

1

-

-

-

-

21

35

Technical Analyst

SPL

MMGS-II

-

-

-

-

1

1

-

-

-

-

21

35

Total

 

 

7

2

5

2

11

27

-

-

1

-

 

 

 

Note: The above vacancies are inclusive of backlog. The number of vacancies and also the number of reserved vacancies is provisional and may vary according to actual requirements of the Bank.

The designation / name of the posts is only indicative as per respective scale and same does not intend to confer any special advantages to the selected candidate. The bank reserves the right to change the name of post / designation at any time without notice.

Abbreviations stand for:

SC - Scheduled Caste, ST - Scheduled Tribe, OBC - Other Backward Classes, EWS - Economically Weaker Section, GEN - General/Unreserved Category, PWD/PwBD - Persons with Disabilities/ Persons with Benchmark Disabilities, OC / VI / HI / ID - As mentioned in para

B.IV below, XSM – Ex-Servicemen, GBO- General Banking Officer, SPL- Specialist Officer

PAY SCALE: Basic pay as below and other allowances and perquisites as applicable:

 

Present Scale of Basic Pay for regular positions (in Rs.)

 

SCALE / GRADE

SCALE OF PAY

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 )

The above Scale of Basic pay is subject to amendments of appropriate provisions in the Bank of India Officers’ Service Regulations, 1979).

 

 

Bank of India 2023 Recruitment Admit Card

The authority releases the admit card only in online mode. You can follow the steps below to download the BOI from the official website. The authority will also send a notification regarding the admit card declaration of the registered contact details of the candidates.

  • Visit the official website of the Bank of India exam.
  • Click on the link showing “download admit card”.
  • Enter the details as per the requirements
  • Your admit card cum hall ticket will be displayed
  • Download it and take a printout for future use.