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Back To Banking Exams

Overview

About Bank Of India Exam

The Bank of India (BOI) is a bank for India. Under the auspices of the Ministry of Finance, the Indian Government is headquartered in Bandra Kurla Complex, Mumbai. Established in 1906, it has been owned by the government since nationalization in 1969.Moreover, BOI is a founding member of SWIFT (Society for Worldwide Inter Bank Financial Telecommunications). This provides the provision of low-cost services and communication services.

As of 31 March 2021, the entire business standing of Bank of India’s is ₹ 1,037,549 crore (the American $ 150 billion), with 5,551 ATMs and with 5,108 branches worldwide (including 24 overseas branches).

History

On 7th September 1906 by a group of prominent businessmen from Mumbai the Foundation of Bank of India was done. Moreover, the bank was under private ownership and management until July 1969 when it was merged with the government and 13 other banks.

Starting with a single office in Mumbai, with a payout of Rs.50 lakh and 50 employees, the Bank has grown rapidly over the years. Moreover, it has grown into a nationwide and nationally renowned international institution. Because of business capacity, the Bank occupies the position of prime minister among manufactured banks.

The Bank has more than 5000 branches in India spread across all regions/union areas including special branches. Moreover, these branches are managed by 59 Zone Offices and 10 NBG Offices. Moreover, there are 45 overseas branches/offices including 23 branches, 1 representative office and 4 Subsidiaries (20 branches), and 1 joint. The Bank came out with its first public issue in 1997. Moreover, it follows the Qualified Institutions Placement in February 2008.

While adhering to the principle of monitoring and evaluation, the Bank was at the forefront of delivering a range of services and programs. The business is made up of a successful combination of traditional values ​​and ethics as well as modern infrastructure. Moreover, this Bank was the first of all the national banks to establish a fully computerized branch office and ATM at the Mahalaxmi Branch in Mumbai back in 1989. Moreover, it pioneered the introduction of the 1982 Health Code Plan, to assess/ measure its credit portfolio.

Currently, the Bank has foreign presence in 18 foreign nations spread across 5 continents – with 45 offices including 4 Subsidiaries, 1 Representative Office, and 1 Joint Venture, at massive banking and financial entities, Tokyo, Singapore, Hong Kong, London, Paris, New York, and DIFC Dubai.

A Short Overview of Bank Of India Recruitment

Name of exam Bank of India Officers Recruitment 2021
The conducting body  Bank of India
Post IT, Economist, Credit Officers, and Others
Exam level  National
Frequency  Annually
Job Location  Across India
Payscale  INR 45,950 – 59, 170/-
Vacancies  214
Application Mode  Online
Application fees  For SC/ ST/PWD – INR 175/- For General and Others – INR 850/-
Exam Mode  Online
Official Website bankofindia.co.in

Bank of India Notification

Receive latest news of Bank of India Recruitment 2021 for PO, Clerk, Bank of India Sub Staff Recruitment, and manager posts. Find Bank of India posts from all over India that we post on Jobs Cloud from the Official Website of the Bank of India www. bank of India.co.in. Moreover, you can also find a Free Notification for Notification Jobs for “Upcoming Bank of India Vacancies 2021”. Also, Know the Official Direct Link of Banking Services 2021.

Bank of India Recruitment Apply Online

Nowadays “Applying online” is a more common method used by the Bank of India than an offline method. The online methods are simple and trouble-free and do not have to go out to complete the procedures. Whenever there is a need to apply online for the Indian Bank of India Jobs Cloud will assist you by providing an official Bank of India Recruitment application form, notice, and official website. Moreover, we also assist those who wish to obtain detailed application procedures under the “How to Apply” notice from each Bank of India and thus make the process much easier.

Eligibility Criteria for Bank of India

Bank of India employs vacancies such as Bank of India Recruitment Sub Staff, Bank of India Recruitment Clerk, Bank of India Recruitment for Peon, Bank of India Recruitment PO, Specialist Officer. It also seeks a Service Manager etc. through a standard recruitment process such as IBPS Recruitment. For each post, there will be some required qualifications and will be discussed openly on our site. The most common degrees the Bank of India requires are MBA / CA / Graduate / Postgraduate / M.Tech / B.Tech / MCA / MBBS or equivalent. Hence, those nominated to hold any of the above can get a job offer at the Bank of India by following our website.

The candidate must be an Indian or a Bhutanese or Nepal student with a certificate of citizenship issued by the Indian Government. Apart from citizenship procedures, candidates need to meet these eligibility criteria. By this, they can apply for the Indian Employment Bank 2020.

Age Limit and Relaxation –

20 – 40 years is the age range for candidates to apply for the post. This range/ limit varies from post to post. Moreover, age criteria should be met by the 1st of September of the previous year.

The age relaxation table is given below:

CATEGORY AGE RELAXATION Scheduled Caste/ Scheduled Tribe 5 Years

Other Backward Classes (Non- Creamy Layer) 3 Years

Persons With Benchmark Disabilities 10 Years

Ex- Servicemen 5 Years

Persons affected by 1984 riots 5 Years

Educational Qualification

The qualifications vary depending upon the posts for which they are to apply.  The following are some educations qualifications for Bank of India Exam:

Economist (SMGS-IV)

Ph.D. or PG Degree in Economics/ Econometrics

Economist (MMGS-II)

Ph.D. Degree in Economics/Econometrics

Statistician (MMGS-II)

Full-time PG Degree in Statistics/Applied Statistics

Credit Analyst (SMGS-IV)

MBA in Finance/PGDM in Finance/CA/ICWA

Other Educations Qualifications Bank Of India Recruitment

IT (Fintech) (MMGS-III)

BE/B.Tech. in Computer Science/Information Technology/Electronics/Electrical & Electronics & Communication or any Graduate with ‘B’ Level

IT (Data Scientist) (SMGS-IV)

BE/B.Tech. in Computer Science/ Electronics & Communication or Any Graduate with ‘B’ Level/Information Technology/Electronics/Electrical & Electronics

IT (Data Analyst) (MMGS-III)

Ph.D. or Master Degree in Statistics, Engineering or Computer Science

IT (Data Analyst) (MMGS-II)

BE/B.Tech. in Computer Science/Information Technology/Electronics/Electrical & Electronics/Electronics & Communication or MCA/MBA (Business Analytics)/PG (Statistics)

IT (Info. Security) (SMGS-IV)

BE/B.Tech. in Computer Science/Information Technology/Electronics/Electrical & Electronics/Electronics & Communication or MCA/MBA (Business Analytics)/PG (Statistics)

IT (Info Security) (MMGS-III)

Ph.D. or Master Degree in Computer Science or engineering, Statistics

IT (Data Analyst) (MMGS-II)

BE/B.Tech. in Computer Science/Information Technology/Electronics/Electrical & Electronics/Electronics & Communication or MCA/MBA (Business Analytics)/PG (Statistics)

IT (Info Security) (MMGS-III)

Graduate or PG in Formation Technology/ Computer Science/ Electronics and Communication/Electronics/ Computer Application

The Important Resources candidate should be aware for Bank of India Recruitment

Candidates should be aware of a variety of factors when applying for Bank of India Jobs 2021. These items include a plan, a checklist, questionnaires for the past year. We also write confirmation cards, answer keys, Sarkari 2021 results, last use date, test dates, official website, etc. 

How one should prepare for the vacancies of Bank of India recruitment 2021 –

Finding a job at the Bank of India is not an easy task. But anything can happen with proper practice and planning. JobsCloud helps aspirants to achieve their goals by providing them with the right guidance. Moreover, candidates can visit JobsCloud every time we record all notices related to the Bank of India in an instant manner. Thus, candidates can use our post-related Bank PO Syllabus, Exam Pattern.

We also send Bank Clerk Syllabus, Exam Pattern, Model Question Papers, Mock Tests, etc. JobsCloud posts that can boost their confidence. Moreover, desperate people can therefore emerge from trials and discussions with great confidence. This will help them to safe a position in the Bank of India easily.

Latest Updates

Important notifications – July 15th – Support Staff’s Recruitment, 2021 (BOI) – 05 POST

ROLE OFFICE ASSISTANT, COUNSELOR
POST DATE 15TH JULY, 2021
QUALIFICATION 8th, B.com, B.A, BSW
VACANCIES 05
LAST DATE 30th July 2021

3rd July 2021 – Office Assistant Recruitment, 2021 (BOI) – 02 POST

ROLE OFFICE ASSISTANT
POST DATE 3RD JULY, 2021
QUALIFICATION B.com, B.A, BSW
VACANCIES 02
LAST DATE 18th July 2021

21st JUNE 2021 – Office Assistant, attendant recruitment, 2021 (BOI) – 05 POST

ROLE OFFICE ASSISTANT, ATTENDANT
POST DATE 21ST JUNE, 2021
QUALIFICATION ANY DEGREE, 10TH, 8TH
VACANCIES 05
LAST DATE 30th June 2021

5th April 2021 – Counselor Recruitment, 2021 (BOI) – 03 POST

ROLE COUNSELOR
POST DATE 5TH APRIL, 2021
QUALIFICATION ANY DEGREE, ANY PG
VACANCIES 03
LAST DATE 17th April, 2021

12th March 2021 – Support Staff Recruitment, 2021 (BOI) – 07 POST

ROLE FACULTY, ATTENDANT, ASSISTANT, COUNSELOR
POST DATE 12TH MARCH, 2021
QUALIFICATION Any Degree, 10th, Diploma, 8th, B.com, B.A, BSW
VACANCIES 07
LAST DATE 26th March 2021

5th March 2021 – Office Assistant Recruitment, 2021 (BOI) – 05 POST

ROLE FACULTY, OFFFICE ASSISTANT, ATTENDANT
POST DATE 5TH MARCH, 2021
QUALIFICATION ANY DEGREE, 10TH, DIPLOMA, 8TH
VACANCIES 05
LAST DATE 22nd March, 2021
  • The latest indices for Bank of India recruitment for 2021 for job seekers will be available on our website. Jobscloud benefits equally from both candidates and experienced candidates. One can get official notifications here and a direct application link for all the latest notifications. Moreover, all the details can be gotten by applicants, which is related to vacancies, Post number, Selection method, application fee, how to apply, syllabus, answer keys, and other related information related to “Bank of India recruitment 2021”. Moreover, applicants looking for job opportunities at the Bank can check out all the latest Bank of India hiring 2021 notices from our website.

Detailed application process –

Applicants who meet the above criteria may apply for the proposed post of Bank of India Recruitment 2020. Only online applications will be accepted, no other application methods will be accepted by the authorities. Moreover, the online applications process of the Bank of India Officers will consist of three stages: Application Registration, Payment of Fees, and Loading documents.

Registration process –

  • Go to the Bank’s website www.bankofindia.co.in
  • Click on ‘CAREER’
  • After that, please click on the link “Recruitment of Officers in several streams up to Scale-IV- Project No. 2020-21 / 2 Notice of 01.09.2020”
  • The option of the “USE ONLINE” will appear you on a new screen.
  • Moreover, select “Click here to subscribe
  • Provide the required information such as name, contact details, and email-id. This will generate a temporary registration number and password.
  • It is recommended that you enter the Provisional Registration Number and Password
  • When you get a registration no. and password, log in to complete the application process.
  • Moreover, fill in personal, academic, and contact details.
  • Choose a test center carefully.
  • Then update the entered information and click on ‘FINAL SUBMIT’

Procedure for fee Payment Application –

  • Payment can only be made using Master/ Visa Debit or credit cards or Internet Banking.
  • After submitting your payment details to the online application form, PLEASE WAIT FOR SERVICE FROM SERVER. Do not press back or reset the buttons to avoid double charge.
  • Upon successful completion of the transaction, an e-Receipt will be created.
  • Moreover, non-production of ‘E-Receipt’ indicates FAILURE. If payment fails, Applicants are advised to log in and use their temporary registration number and password and repeat the payment process.

CATEGORY AMOUNT SC/ST/PWD INR/- (INTIMATION CHARGES ONLY)

GENERAL & OTHERS INR 850/- (Application Fee + Intimation Charges)

Process of Uploading documents –

  • Upload a photo, signature, Left Hand Thumb Impression, handwritten announcement.
  • In the case of Face in Image or Signature, It is not clear, the request may be denied.
  • Moreover, the nominee may edit the program and reload the image/signature in that situation.

Vacancies

The number of vacancies and the number of vacancies filled are temporary and may vary depending on the actual needs of the Bank. Moreover, appropriate information about this vacancy is published along with the appointment notice for each position.

Following is the notified table:

Name of the Post Scale Total Vacancies
Security Officer Scale-II 20
Fire Officer Scale-II 1
Economist SMGS-IV 2
Economist MMGS-II 2
Statistician MMGS-II 2
Risk Manager SMGS-IV 3
Risk Manager MMGS-III 6
Credit Analyst SMGS-IV 60
Credit Officers JMGS-I 79
IT (Fintech) SMGS-IV 7
IT (Fintech) MMGS-III 10
IT (Fintech) MMGS-II 13
IT (Data Scientist) SMGS-IV 3
IT (Data Analyst) MMGS-III 3
IT (Data Analyst) MMGS-II 6
IT (Info. Security) SMGS-IV 2
IT (Info. Security) MMGS-III 2
IT (Info. Security) MMGS-II 4
Tech Appraisal MMGS-II 10
TOTAL 235

Pay / Salary Structure

Payment Scales as submitted are provided below to the staff of Bank of India Recruitment for JMGS I, MMGS II, MMGS III, and SMGS IV Officer Posts.

  • Middle Management Grade Scale-II (MMGS II) 31705-1145 / 1- 32850-1310 / 10-45950
  • Moreover, medium Scale -III (MMGS III) 42020-1310 / 5- 48570-1460 / 2-51490
  • Senior Management Scale – IV (SMGS IV) 50030-1460 / 4- 55870-1650 / 2-59170

Guidelines for the Bank Of India recruitment exam –

The online written trial of the Bank of India Officers ’Recruitment up to Grade IV will be conducted in accordance with the social guidelines following the COVID 19 Pandemic. A separate reporting period will be printed for a group of candidates. Moreover, applicants should report more in advance to avoid congestion.

  • Mask (SMOKING WEARING SUCCESSFUL)
  • Gloves
  • Visible private water bottle
  • Personal hand filter (50 ml)
  • A simple pen
  • f. Examination-related documents (Call Card / Admit Card, Original ID card, Photocopy ID Card, etc.)
  • Moreover, the Call Letter / Admit Card must be submitted with a Photocopy of Photo ID attached. The original ID (similar to Photocopy) will also be submitted for verification. The name on the ID and Call Letter/ Admit Card must be the same.
  • In the Writer’s Writers – The author’s form has been completed and signed with a Photograph attached.
  • Moreover, the nominee must have the Aarogya Setu App installed on his mobile phone
  • This process of choosing a two-tier test is a clear way to become an official of the Bank of India. Students who will be selected for the interview will join any of the banking categories mentioned earlier as vacancies. Moreover, the workplace can be anywhere in India. One more thing, the elect work their min. After that, apply now. Moreover, start to ready with all your mind and soul.

Check Out Other Banking Exams :

IBPS PO Exam Date, 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

FAQ’s

Q. What all are the ID proof one should carry with themselves while going to appear for the written exam of Bank of India?

Proof of ID required for BOI Recruitment Exam 2020 for any of the two items listed below:

  1. Voter ID
  2. Ration Card
  3. Bank Account Pass Book
  4. Applicant’s Driving License
  5. The ID of a Recognized Organization
  6. Moreover, PAN Card
  7. Aadhar Card
  8. Passport
  9. Requirements of inputs during the downloading process of the admit card for the Bank of India?
  • The information required to download the Bank of India Recruitment 2020 Admit Card is Registration ID or User ID and password.

Q. In case of an adverse situation if the examination of Bank of India Recruitment doesn’t take place. Then, what would be the process?

A. In case the online survey of Bank of India Recruitment 2020 is not conducted.Then, final choice will be made by personal interview. Moreover, the eligibility list would be adjusted based on the marks got in the Personal Interview by releasing the appropriate categories SC/ST/OBC/EWS/GEN. Final selection will be made based on this eligibility list up to the number of vacancies. Moreover, the less marks needed for the interview will be 40% in the General / EWS general category and 35% for the SC / ST / OBC candidate.