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Bank of India Exam Date 2024 and Call Letter Out for 143 Vacancies

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. Bank of India (BOI) has announced the online written exam date for various Officer posts for 22nd June 2024.  This article provides some important information related to exam-related information and exam patterns etc.

BOI Recruitment 2024- Exam Highlights

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- Exam Highlights
Organization Bank of India (BOI)
Post Name Various Officer posts
Vacancies 143
Category Govt. Jobs
Bank of India Exam Date 2024 22nd June 2024
Selection Process Online Test and/or Personal Interview
Official Website www.bankofindia.co.in

Bank of India Exam Date 2024 Out

Bank of India is going to conduct the Bank of India Recruitment 2024 exam to recruit eligible candidates for 143 Chief Managers, Credit Officers, Economists,  Law Officers, Data Scientists, etc posts. The online written exam for Credit Officers, Chief Manager-Economist, Chief Manager- Marketing (Chief Wealth Manager), Law Officer, Senior Manager- IT, Law Officers, Economist, Technical Analyst posts will be held on 22nd June 2024. Candidates declared qualified in the online exam will be called to appear for the Personal Interview. 

Bank of India Recruitment 2024- Important Dates

The online registration dates for Bank of India Vacancy 2024 have been released along with the official notification pdf on the official website www.bankofindia.co.in. The Bank of India online exam will be held on 22nd June 2024. Check important dates from here.

Events Dates
Notification Release Date 27th March 2024
Apply online starts 27th March 2024
Last date to apply online 10th April 2024
Last Date to Fee Payment 10th April 2024
Last date for printing your application
25th April 2024
Bank of India Admit Card 2024 14th June 2024
Bank of India Exam Date 2024 22nd June 2024

Bank of India 2024 Admit Card Out

Bank of India (BOI) released the admit card for various officer posts on 14th June 2024. Candidates can download their call letter from the official website of www.bankofindia.co.in by using login details registration number/ roll number and date of birth/ password. Click on the below admit card link to download the Bank of India Call Letter.

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.

Bank of India Vacancy 2024

Bank of India has announced 143 vacancies for various positions including Credit Officers, Chief Managers, Senior Managers, Law Officers, and Technical Analysts etc through the notification pdf.  Out of the total vacancies,  25 are for credit officers and 31 for law officers. Candidates can check the category-wise vacancies for different posts in the given table.

Posts SC ST OBC EWS GEN Total
Credit Officers 3 1 6 2 13 25
Chief Manager-Economist 1 1
Chief Manager-IT – Database Administrator 1 1 2
Chief Manager-IT -Cloud Operation 1 1
Chief Manager-IT – Network 1 1
Chief Manager-IT – System 1 1
Chief Manager-IT – Infra 1 1
Chief Manager-IT – Info. security 1 1
Chief Manager- Marketing (Chief Wealth Manager) 1 1
Law Officer 4 3 8 3 13 31
Data Scientist 1 1 2
ML Ops Full Stack Developer 1 1 2
Database Administrator 1 1 2
Data Quality Developer 1 1 2
Data Governance Expert 1 1 2
Platform Engineering Expert 1 1 2
Linux Administrator 1 1 2
Oracle Exadata Administrator 1 1 2
Senior Manager- IT 1 1 1 1 4
Senior Manager- IT- Database 1 1 1 3
Senior Manager- IT- Data Analyst 1 1 1 1 4
Senior Manager- IT-Cloud Operation 1 1 2
Senior Manager- IT-Network Security/ Operation 1 1 1 3
Senior Manager- IT- System (Windows/ Solaris/ RHEL) 1 1 1 1 4
Senior Manager- IT-Infra 1 1 2
Senior Manager- IT-End Point Security Manager for Tool Management. 1 1
Senior Manager- IT-Security Analyst 1 1 1 1 4
Senior Manager- IT-GRC(Risk and Control) 1 1
Senior Manager- IT (Fintech) 1 1 1 1 1 5
Senior Manager- IT-Statistician 1 1 2
Law Officers 7 2 5 2 9 25
Economist 1 1
Technical Analyst 1 1
Total 23 9 36 12 63 143

Bank of India Recruitment 2024 Apply Online

The Bank of India (BOI) online application process for various posts has been activated on the official website www.bankofindia.co.in. Candidates are suggested to apply online for Bank of India Vacancy 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 for the ease of candidates. 

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)

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 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

There are certain minimum educational qualifications as per the respective posts which are necessary for every candidate to have as per the posts for which they are applying, the table below provides the post-wise educational qualifications for BOI Recruitment 2024.

Posts Education Qualifications
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

Bank of India Work Experience

Candidates need specific work experience to apply for Bank of India Recruitment 2024. Position-wise qualifying work experiences have been given below.

Posts Work Experiences
Credit Officer 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.
Chief Manager-Economist
  • A minimum of 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
  • Minimum of 8 years of hands-on experience in managing Oracle large databases in the BFSI domain.
  • Industry Desirable: Hands-on experience in Database management in the Banking sector. Knowledge of Other RDBMS MySQL/MSSQL/ Postgres will be an added advantage.
Chief Manager-IT-Cloud Operator Minimum of 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 Minimum of 8 years of post-basic qualification experience in IT, of which minimum of 5 years of experience Networking Domain.
Chief Manager-IT- System Minimum of 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 Minimum of 8 years post basic qualification Experience in IT Industry/ BFSI or IT Vertical of an Organization as Infra Administrator.
Chief Manager-IT-Info. Security Minimum of 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.
Chief Manager-Marketing (Chief Wealth Manager)
  • Minimum of 10 Years of experience in managing sales in the Wealth Management/ Insurance sector/Mutual Fund Industry.
  • 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.
Law Officers

Minimum of 4 years post qualification experience as a practicing lawyer and/or with a law firm and/or as a law officer in any Bank/Financial Institution /reputed organization and/or as a judicial officer.

Data Scientist/ ML Ops Full Stack Developer
  • At least 5+ years of hands-on data science experience using Python, 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 or through a service provider in L2 role (subject to relevant documents are produced).
  • Public Sector Bank and Private Sector Bank candidates applying for the post, should be currently working in Scale –II/ equivalent at least.
Data Administrator At least 5+ years of hands-on experience in managing Oracle large databases in the BFSI domain.
Data Governance Expert At least 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 implementation.
Platform Engineering Expert At least 5+ years of experience in design, implementation, and support operation of Containerized Environment.
Linux Administrator At least 5+ years of experience in Linux Administration.
Oracle Exadata Administrator At least 5+ years of experience in Managing the Oracle Exadata Platform.
Senior Manager-IT Minimum of 5 Years of hands-on experience in Application development (coding, testing, and maintenance of application/ software) with at least 3 years experience in handling digital channels (Internet Banking/ Mobile Banking/ UPI) for any reputed organization preferably Banking or IT Sector or FinTech company.
Senior Manager-IT- Data Analyst Minimum of 5 years of overall (post-basic education qualification) experience.
  • 3 years in Information Technology.
  • 2 years in the field of strategy/ data analytics/ data science/ analytics translator as Manager/ Executive in Supervisory/ Management role in Corporate/ Financial Institutions.
Senior Manager-IT- Cloud Operation Minimum of 5 years of hands-on experience in the IT Industry/ BFSI or IT Vertical of an Organization as Cloud Administrator/Manager/Engineer /Specialist.
Senior Manager-IT-Network Security/ Network Operation Minimum of 5 years of hands-on experience in IT of which a minimum of 3 years experience in the design and operation of Wide Area Network, Routing, and Switching.
Senior Manager-IT-System (Window/Solaris/RHEL)/ Infra Minimum of 5 years of hands-on experience in IT of which minimum 3 years experience System Administration Domain preferably in BFSI sector / IT sector.
Senior Manager-IT-IT End Point Security Manager for Tool Management

Minimum of 5 Years of hands-on 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 (in the field of network security devices such as AV, Proxy, App. Whitelisting, and Drive Encryption).
Senior Manager-IT-Security Analyst 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 Security Analyst /Database Security Analyst/ Threat Hunting/ Application Security Assessment.
Senior Manager-IT- GRC (Risk and Control) 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 (Fintech) Minimum of 5 years of overall (post basic education qualification) experience
  • 3 years in Information Technology.
  • 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- Statistician 5+ years of experience as an Officer in Financial Institutions / Banks / Rating Agencies / Analytics Firms / Reputed Brokerage Agencies / Corporate Organizations like CRISIL, CIBIL, ICRA, etc., out of which 3 years experience in the relevant field.
Law Officers

Minimum of 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/Financial Institution /reputed organization and/or as a judicial officer (The experience as above can be cumulative).

  • However, out of 6 years, at least one year experience of working as a law officer in a Bank, PSU, or Financial Institution is a must.
Economist

Candidates having experience working in financial institutions/ Bank’s Treasury / Rating Agencies / Analytics Firms / Reputed Brokerages Agencies shall be given preference.

Technical Analyst

Candidates having experience working in Corporate Treasury (Front office) of financial institutional/reputed corporation shall be given preference.

Bank of India Age Limit (as on 01/02/2024)

Candidates need to be within a certain age to apply for the Bank of India Recruitment 2024. The age limit varies for different posts, the minimum age limit for the posts of credit officers is 23, and the maximum age is 25 as on 01/02/2024.

Posts Minimum Age Maximum Age
Credit Officers 23 25
Chief Manager-Economist 28 45
Chief Manager-IT-Database Administrator 28 45
Chief Manager-IT-Cloud Operator 28 45
Chief Manager-IT-Network 28 45
Chief Manager-IT- System 28 42
Chief Manager-IT-Infra 28 42
Chief Manager-IT-Info. Security 28 42
Chief Manager-Marketing (Chief Wealth Manager) 32 40
Law Officers 25 35
Data Scientist 28 37
ML Ops Full Stack Developer 28 37
Data Administrator 28 37
Data Governance Expert 28 37
Platform Engineering Expert 28 37
Linux Administrator 28 37
Oracle Exadata Administrator 28 37
Senior Manager-IT 28 37
Senior Manager-IT- Data Analyst 28 37
Senior Manager-IT- Cloud Operation 28 37
Senior Manager-IT-Network Security/Operation 28 37
Senior Manager-IT-System (Window/Solaris/RHEL) 28 37
Senior Manager-IT- Infra 28 37
Senior Manager-IT-IT End Point Security Manager for Tool Management 28 37
Senior Manager-IT-Security Analyst 28 37
Senior Manager-IT- GRC (Risk and Control) 28 37
Senior Manager-IT (Fintech) 28 37
Senior Manager-IT- Statistician 28 37
Law Officers 25 32
Economist 21 35
Technical Analyst 21 35

Bank of India Recruitment 2024 Selection Process

Candidates who are interested in the Bank of India Recruitment 2024 will have to go through two stages- Online Examination and  Interview. Candidates after passing both stages will only be selected for different officer posts in various streams.

  • Online Examination– The Online examination will contain 150 marks for 120 minutes. The exam pattern and syllabus have been discussed below in the article.
  • Interview– Candidates securing the minimum cut-off marks in the online examination will be called for the interview round for final selection

Bank of India Recruitment 2024 Exam Pattern

Candidates who applied for the BOI Recruitment 2024 will have to first prepare for the online examination. The paper will cover subjects like the English language, professional knowledge relevant to the post, and general awareness with special reference to the banking Industry.

  • Except for the English language- all other papers will be bilingual (English and Hindi).
  • The test of the English language will only be qualifying in nature.
  • 1/4 marks will be deducted for each wrong answer. There is no negative marking for unattempted questions.
  • The minimum qualifying marks for the General/EWS category will be 40% and 35% for SC/ST/OBC/PWD.
Subjects/Sections Maximum Marks Duration
English Language 25 30 minutes
Professional knowledge relevant to the post 100 60 minutes
General awareness with special reference to the banking Industry 25 30 minutes

Bank of India Recruitment 2024 Salary

The basic pay for the regular position of Grade Scale- II (MMGS-II), Grade Scale-III (MMGS-III), and Grade Scale-IV (SMGS-IV) are given below. These basic pay’s will only be received by those candidates who pass the selection process of Bank of India Recruitment 2024 and get selected for the respective posts.

Scales/Grades Salary Structures
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

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.

Subjects 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

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