Bank of India Recruitment 2025-26: 500+ Vacancies for Credit Officers Announced

Bank of India (BOI), a leading Public Sector Bank, has released a notification for the recruitment of Credit Officers in the General Banking Officer (GBO) stream. This recruitment drive (Project No. 2025-26/01) aims to fill 514 vacancies across various scales (MMGS-II, MMGS-III, and SMGS-IV).

The online application process begins on December 20, 2025. Here is a comprehensive breakdown of the notification, eligibility, and selection process.

Important Dates

• Notification Date: November 1, 2025
• Online Application Start Date: December 20, 2025
• Last Date to Apply: January 5, 2026
• Cut-off Date for Age & Qualification: November 1, 2025
• Online Examination Date: To be advised separately

Vacancy Details

The recruitment is specifically for the post of Credit Officer in the GBO Stream.

Note: Reservations for SC, ST, OBC, EWS, and PwBD categories are applicable as per government norms⁶.

Eligibility Criteria (As on 01.11.2025)

1. Educational Qualification & Experience

Candidates must hold a degree from a recognized university. The specific requirements per scale are:

• Credit Officer (MMGS-II):
  • Qualification: A Degree in any discipline with 60% marks (55% for SC/ST/OBC/PwBD).
  • Preferred: CA / CFA / ICWA / MBA / PGDBM in Banking or Finance.
  • Experience: Minimum 3 years of post-qualification experience as an officer, with at least 2 years in processing MSME/Commercial/Corporate Credit in Scheduled Commercial Banks.
• Credit Officer (SMGS-IV):
  • Qualification: Similar degree requirements as Scale II.
  • Experience: Minimum 8 years of post-qualification experience as an officer, out of which 5 years should be in MSME/Commercial Credit/Project Finance.

2. Nationality

A candidate must be a Citizen of India, a subject of Nepal or Bhutan, or a Tibetan Refugee who came to India before January 1, 1962, with the intention of permanent settlement.

Selection Procedure

The selection will be based on an Online Examination followed by a Personal Interview.

Phase I: Online Examination Structure

The exam consists of 4 sections with a total of 150 marks.

• Note: The English Language test is of qualifying nature only and marks will not be added to the merit list.
• Penalty: 0.25 marks deducted for every wrong answer.

Phase II: Interview

Candidates who qualify in the online exam will be called for an interview in a ratio of roughly 1:3¹¹.

Salary & Service Conditions

Selected candidates will be placed in the respective pay scales:

• MMGS-II: ₹64,820 – ₹93,960
• MMGS-III: ₹85,920 – ₹105,280
• SMGS-IV: ₹1,02,300 – ₹120,940

Security Deposit:

Selected candidates must deposit a security amount, refundable after 3 years of satisfactory service:

• MMGS-II: ₹2,00,000
• MMGS-III & Above: ₹3,00,000

Application Fees

• SC/ST/PWD: ₹175 (Intimation charges only)
• General & Others: ₹850 (Application fee + Intimation charges)

How to Apply

1. Visit the official website: www.bankofindia.bank.in.
2. Navigate to the ‘Career’ section and click on the link for “Recruitment of Credit Officers in GBO Stream”.
3. Register as a new user and receive a Provisional Registration Number and Password.
4. Upload scanned photograph, signature, left thumb impression, and handwritten declaration.
5. Pay the application fee online between 20.12.2025 and 05.01.2026.

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