BOI Officer Recruitment 2024 – Apply Online for 143 Posts

The BOI Officer Recruitment 2024 marks a significant opportunity for aspiring professionals aiming to carve out a career in the banking sector. This r

The BOI Officer Recruitment 2024 marks a significant opportunity for aspiring professionals aiming to carve out a career in the banking sector. This recruitment drive aims to fill various positions, ensuring that candidates from diverse backgrounds can find a role that best suits their qualifications and interests. With a structured selection process that includes an Online Examination and Personal Interview, the BOI Officer Recruitment 2024 is designed to identify and onboard the most capable candidates. Ensuring fairness and meritocracy, the recruitment emphasizes the importance of professional knowledge and a thorough understanding of the banking industry. For those looking to join a prestigious financial institution, the BOI Officer Recruitment 2024 serves as an ideal platform to kickstart an illustrious banking career. As the banking industry evolves, the BOI Officer Recruitment 2024 promises to open doors to challenging and rewarding roles for the successful candidates.

BOI Officer Recruitment 2024

Bank Of India Recruitment 2024
Advt. No 1/2023-24
BANK JOBS
Officer Vacancy 2024

OrganizationIBPS
Job CategoryBank Jobs
Total Posts143
Application ModeOnline
Post NameOfficer
Application Last Date10-04-2024
QualificationVarious
Salary-
Job LocationIndia
Official Websitebankofindia.co.in

BOI Officer Recruitment 2024: Important Dates

  • Starting Date for Apply Online: 27-03-2024
  • Last Date to Apply Online: 10-04-2024
  • Tentative Date of Online Examination: Will be advised separately

BOI Officer Recruitment 2024: Application Fee

  • For General & Other Candidates: Rs 850/- (Application Fee + Intimation Charges)
  • For SC/ST/PWD Candidates: Rs 175/- (Intimation Charges Only)
  • Payment Mode: Through online

BOI Officer Recruitment Vacancy 2024

  • 1. Credit Officers - 25 vacancies
  • 2. Economist - 02 vacancies
  • 3. Technical Analyst - 01 vacancy
  • 4. Law Officer - 56 vacancies
  • 5. Chief Wealth Manager - 01 vacancy
  • 6. Data Scientist - 02 vacancies
  • 7. ML Ops Full stack developer - 02 vacancies
  • 8. Database Administrator - 02 vacancies
  • 9. Data Quality Developer - 02 vacancies
  • 10. Data Governance Expert - 02 vacancies
  • 11. Platform Engineering Expert - 02 vacancies
  • 12. Linux Administrator - 02 vacancies
  • 13. Oracle Exadata Administration - 02 vacancies
  • 14. Statistician - 02 vacancies
  • 15. Senior Manager -IT - 04 vacancies
  • 16. Senior Manager -IT Data Analyst - 02 vacancies
  • 17. Chief Manager – IT Database Administrator - 02 vacancies
  • 18. Chief Manager -IT Cloud Operations - 01 vacancy
  • 19. Chief Manager – IT Network - 01 vacancy
  • 20. Chief Manager- IT System - 01 vacancy
  • 21. Chief Manager- IT Infra - 01 vacancy
  • 22. Senior Manager – IT Database - 03 vacancies
  • 23. Senior Manager – IT Cloud Operations - 02 vacancies
  • 24. Senior Manager-IT Network Security/ Network Operation - 03 vacancies
  • 25. Senior Manager-IT Systems (Windows/Solaris /RHEL) - 04 vacancies
  • 26. Senior Manager – IT Infra - 02 vacancies
  • 27. Senior Manager – IT (End Point Security Manager for Tool Management) - 01 vacancy
  • 28. Senior Manager- IT (Data Analyst) - 01 vacancy
  • 29. Chief Manager -IT (Info Security) - 01 vacancy
  • 30. Senior Manager – Security Analyst - 04 vacancies
  • 31. Senior Manager –GRC (Risk and Control) - 01 vacancy
  • 32. Senior Manager IT (Fintech) - 05 vacancies
  • 33. Senior Manager (Data Analyst) - 01 vacancy

BOI Officer Recruitment Age Limit 2024

1. Credit Officers: 23-35 Years

2. Economist: 21-48 Years

3. Technical Analyst: 21-35 Years

4. Law Officer: 25-35 Years

5. Chief Wealth Manager: 32-40 Years

6. Data Scientist: 28-37 Years

7. ML Ops Full stack developer: 28-37 Years

8. Database Administrator: 28-37 Years

9. Data Quality Developer: 28-37 Years

10. Data Governance Expert: 28-37 Years

11. Platform Engineering Expert: 28-37 Years

12. Linux Administrator: 28-37 Years

13. Oracle Exadata Administration: 28-37 Years

14. Statistician: 21-35 Years

15. Senior Manager -IT: 28-37 Years

16. Senior Manager -IT Data Analyst: 28-37 Years

17. Chief Manager – IT Database Administrator: 28-40 Years

18. Chief Manager -IT Cloud Operations: 28-40 Years

19. Chief Manager – IT Network: 28-40 Years

20. Chief Manager- IT System: 28-40 Years

21. Chief Manager- IT Infra: 28-40 Years

22. Senior Manager – IT Database: 28-37 Years

23. Senior Manager – IT Cloud Operations: 28-37 Years

24. Senior Manager-IT Network Security/ Network Operation: 28-37 Years

25. Senior Manager-IT Systems (Windows/Solaris /RHEL): 28-37 Years

26. Senior Manager – IT Infra: 28-37 Years

27. Senior Manager – IT (End Point Security Manager for Tool Management): 28-37 Years

28. Senior Manager- IT (Data Analyst): 28-37 Years

29. Chief Manager -IT (Info Security): 28-40 Years

30. Senior Manager – Security Analyst: 28-37 Years

31. Senior Manager –GRC (Risk and Control): 28-37 Years

32. Senior Manager IT (Fintech): 28-37 Years

33. Senior Manager (Data Analyst): 28-37 Years

The relaxation of the upper age limit for various categories is as follows:

  • Scheduled Caste/Scheduled Tribe: 5 years
  • Other Backward Classes (Non-creamy layer): 3 years
  • Persons With Benchmark Disabilities as defined under “The Rights of Persons with Disabilities Act, 2016”: 10 years

Ex-Servicemen, Commissioned Officers including Emergency Commissioned Officers (ECOs)/Short Service Commissioned Officers (SSCOs) who have rendered at least 5 years military service and have been released on completion of assignment (including those whose assignment is due to be completed within one year from the last date of receipt of application) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency or physical disability attributable to military service or invalidment: 5 years 

Persons affected by 1984 riots: 5 years

BOI Officer Recruitment Eligibility 2024

  • CA / ICWA / CS/ Any Degree/ MBA/ PGDBM/ PGDM/ PGBM/ PGDBA
  • PG Degree (Economics/ Econometrics)
  • Degree (Law)
  • Any Degree/MBA/PGDM (Marketing /Finance)
  • B.E/ B.Tech/ B.Sc (Relevant Engg)/ MCA/ M.Sc (Computer science/ IT) 
  • PG/PG Degree (Statistics / Applied Statistics)

Read BOI Officer Recruitment 2024 Qualification PDF for full details.

BOI Officer Recruitment Exam Pattern

The selection process for the roles you're interested in includes both an online examination and potentially a personal interview, based on the number of applicants or eligible candidates. The online exam structure is designed to test candidates on three main areas: English Language, Professional Knowledge relevant to the post, and General Awareness with special reference to the Banking Industry. 

English Language:

  • Maximum Marks: 25
  • Duration: 30 minutes
  • This section tests your grasp of the English language, including grammar, vocabulary, comprehension, and communication skills.

Professional Knowledge Relevant to the Post:

  • Maximum Marks: 100
  • Duration: 60 minutes
  • This segment is tailored to assess your technical or professional expertise directly related to the job role you are applying for. It's crucial to have a strong understanding of the specific knowledge areas relevant to your desired position.

General Awareness with Special Reference to Banking Industry:

  • Maximum Marks: 25
  • Duration: 30 minutes
  • This part evaluates your awareness of the banking industry, including current events, regulatory frameworks, banking terminology, and practices. A good grasp of recent developments and historical foundations within the banking sector is beneficial.

NEGATIVE MARKING

The penalty for wrong answers in the objective tests is an important factor to consider during your exam preparation and strategy. Here's how it works:

  • For every incorrect answer, one-fourth (1/4th) of the marks assigned to that question will be deducted from your total score as a penalty.
  • If you do not attempt a question, meaning you leave it blank without marking any answer, there will be no penalty for that question.

Interview

Interview Call: Candidates ranking high enough in the merit list and securing the minimum qualifying marks in the online tests will be called for a personal interview.

Direct Selection to Interview: In certain cases, the bank may decide to skip the online examination and directly shortlist candidates for the interview based on their qualifications, experience, and overall suitability.

Interview Marks: The interview carries a total of 100 marks.

Qualifying Marks for Interview: General/EWS category candidates must score at least 40% of the total interview marks, while SC/ST/OBC/PWD candidates need a minimum of 35% to qualify.

Shortlisting Ratio: The standard shortlisting ratio for interviews is 1:3, meaning three candidates are called for every vacancy. However, this ratio can be adjusted by the bank as per its discretion.

BOI Officer Recruitment Preparation Tips

English Language: Engage in regular reading of well-written English material, practice comprehension passages, and brush up on grammar and vocabulary.

Professional Knowledge: Depending on your field, dive deep into the subjects relevant to the post. Use textbooks, professional journals, online courses, and other resources to strengthen your command over your professional domain.

General Awareness: Stay updated with the latest news, especially relating to the financial and banking sector. Reading financial newspapers, magazines, and reliable online financial news portals can be very helpful. Understanding the history, policies, and basics of banking will also aid in this section.

Given the structure, focusing your preparation on these areas can help you perform well in the online examination phase of the selection process.

BOI Officer Recruitment Exam Center

The examination centers where the online examination will be conducted are as follows:
  • 1. Ahmedabad/Gandhinagar
  • 2. Bengaluru
  • 3. Bhopal
  • 4. Bhubaneswar
  • 5. Chandigarh/Mohali
  • 6. Chennai
  • 7. Dehradun
  • 8. Delhi/Delhi NCR
  • 9. Guwahati
  • 10. Hyderabad/Secunderabad
  • 11. Jaipur
  • 12. Jammu
  • 13. Kolkata
  • 14. Lucknow
  • 15. Mumbai/Thane/Navi Mumbai/MMR
  • 16. Panaji
  • 17. Patna
  • 18. Raipur
  • 19. Ranchi
  • 20. Shimla
  • 21. Thiruvananthapuram

BOI Officer Salary

The pay scales for the different management grades in BOI (Bank of India) provide a clear progression path for banking professionals, reflecting the responsibility and expertise required at each level. For those in the Middle Management Grade Scale-II (MMGS-II), the existing pay scale starts at ₹48,170, reaching up to ₹69,810, with an impending revision potentially elevating the scale to between ₹64,820 and ₹93,960. The Middle Management Grade Scale-III (MMGS-III) sees a starting pay of ₹63,840, which can go up to ₹78,230 under the current structure, with revisions potentially increasing this range to between ₹85,920 and ₹105,280. At the Senior Management Grade Scale-IV (SMGS-IV), the existing scale begins at ₹76,010 and caps at ₹89,890, with proposed revisions aiming to elevate the scale to a range of ₹102,300 to ₹120,940. These scales not only signify the bank’s commitment to rewarding experience and skill but also underscore the potential for growth and advancement within the institution.

BOI Officer Recruitment 2024 Apply Now


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