Bank Of India Recruitment 2023: Latest News, Eligibility, Salary & Vacancies

December 5, 2023

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Table of Contents

Bank of India is one of India’s leading public sector banks and conducts recruitment drives every year to fill various vacancies in the bank. The Bank of India Recruitment Exam 2023 was released on 10 February 2023 for the position of Probationary Officer, offering excellent opportunities for young and dynamic individuals aspiring to build a banking career. BOI Exam was conducted on 19th March, 2023 for which results were released on 20th June.

Candidates can check the results below






On the official website, aspirants can submit their applications online. The three steps of the selection procedure are the written exam (also known as the IBPS Clerk Test), group discussion, & personal interview. A maximum of 500 positions for IT Officers in the Specialized Stream plus Credit Officers in the Financial Service Stream have been offered by the Bank of India. On February 10, 2023, the Bank of India released a hiring announcement for the position of probationary officer JMGS-I. The Bank of India PO Recruitment 2023 application deadline is February 25, 2023.

About the Bank Of India

Under the Ministry of Finance, the Bank of India (BOI) is headquartered in Bandra Kurla Complex, Mumbai. Established in 1906, the government has owned it since nationalization in 1969. The Bank has over 5000 branches in India spread across all regions/union areas including special branches. The Bank came out with its first public issue in 1997.

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

Bank Of India Recruitment: Overview

The recruitment process will involve a written examination, a group discussion, and an interview for selected candidates. The written examination may include objective-type questions on reasoning, quantitative aptitude, English language, and general awareness. Candidates interested in BOI recruitment can visit the bank’s official website or regularly check job portals for updates on job vacancies and application procedures.

Name of examConducting Body 
Conducting body Bank of India
PostProbationary Officer -IT Officer and Credit Officers
Exam level National
Frequency Annually
Job Location Across India
Payscale INR 45,950 – 59, 170/-
Vacancies 500
Application Mode Online
Application fees Exam Level 
Exam Mode Online

Bank of India Recruitment Notification 2023

The notification will provide all the essential information required for aspirants applying for the Bank of India recruitment for the post of probationary officer. The notification will help aspirants understand the recruitment process and prepare for the exam.


Bank Of India Recruitment Exam Date 2023

The preceding table lists crucial events for the Bank Of India Recruitment 2023.

EventsImportant Dates
Bank Of India Recruitment 2023 Short Notice08th February 2023
Bank Of India Recruitment 2023 Notification PDF10th February 2023
Bank Of India Recruitment 2023 Apply Online Start Date11th February 2023
Last Day to Apply Online 25th  February 2023
Bank of India Admit Card 202313th March 2023
Bank of India Exam Date 202319th March 2023
Bank of India Recruitment Result 202320th June 2023

Bank Of India Vacancy 2023

The detailed Bank of India PO recruitment notification 2023 and available vacancies have been released. You may view the Bank Of India Recruitment 2023 Vacancy information here.

Credit Officer in General Banking stream350
IT Officer in Specialist stream150

Bank Of India Recruitment 2023 Apply Online

For the position of Probationary Officer, the Bank of India has encouraged qualified applicants to send their online applications. The application period for the Bank of India Recruitment 2023 began on February 11 and will continue till February 25. Before being considered for the position, candidates need to complete the registration process.

Three steps make up the BOI Recruiting application procedure: enrollment, request completion, & payment of fees. Here are some general steps that can help you fill out the BOI Recruitment Application Form:

  • Step 1-: Visit the official website of the Bank of India.
  • Step 2-: Click on the “Careers” or “Recruitment” section and look for the latest BOI recruitment notification.
  • Step 3-: Read the notification carefully and check if you are eligible for the position you are applying for.
  • Step 4-Click the “Apply Online” or “New Registration” link to start the application process.
  • Step 5-: Fill in your details, such as name, address, contact information, etc.
  • Step 6-: Upload your photograph and signature in the prescribed format and size.
  • Step 7-: Fill in your educational qualifications, work experience, and other relevant details.
  • Step 8-: Pay the application fee (if applicable) through the provided payment gateway.
  • Step 9-: Review the application form carefully before submitting it.
  • Step 10-: Submit the application form and take a printout of the confirmation page for future reference.

Note: It is advisable to keep a copy of the application form, fee receipt, and other relevant documents for future reference. Additionally, candidates should carefully read the instructions and guidelines in the recruitment notification and application form to ensure their application is submitted successfully.

Only online applications will be accepted; the authorities will accept no other application methods. Moreover, the online application process of the Bank of India Officers will consist of three stages: Application Registration, Payment of Fees, and Loading of documents.

Procedure for Payment of Application Fee –

  • Payment can only be made using Master/ Visa Debit, 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 a 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, use their temporary registration number and password, and repeat the payment process.

Application Fees:

CategoryApplication Fees
General/EWS/OBCRs. 850
SC/ST/PWDRs. 175

Bank of India Recruitment 2023: Eligibility Criteria

Before applying for the Bank Of India Recruitment 2023, an applicant must meet the eligibility requirements. Applicants can review the academic requirements and age restrictions for JMGS-I probation officers (credit officers & IT officers) beneath. Keep checking the website for updates.

Educational Qualification:

Credit Officers (JMGS-I)Bachelor’s Degree in any discipline from a recognized University or equivalent
IT Officersa) 4-year Engineering/ Technology Degree in Computer Science/ Computer Applications/ Information Technology/ Electronics/ Electronics & Telecommunications/ Electronics & Communication/ Electronics & Instrumentation
b) A graduate degree in any discipline AND Post Graduate Degree in Electronics/ Electronics & Telecommunication/ Electronics & Communication/ Electronics & Instrumentation/ Computer Science/ Information Technology/ Computer Applications
c) A Graduate degree in any discipline AND having passed DOEACC ‘B’ level

Age Limit:

The minimum age limit for most BOI recruitment is 20 years and the maximum age limit is usually 30 years. However, age relaxation is provided for candidates in certain categories per government rules.

The reserved classification of age relaxation is shown in the chart below:

CategoryAge Relaxation
SC/ST5 years
OBC3 years
PWD10 years
Persons affected by the 1984 riots5 years
Ex-Servicemen as well as Commissioned Officers, notably Emergency Commissioned Officers (ECOs) as well as Short Service Commissioned Officers, who’ve already provided a minimum of 5 years of term and who have been discharged after the deployment is complete5 years

Bank of India Recruitment 2023: Admit Card

The admit card for BOI Recruitment is usually released a few weeks before the scheduled exam date. By submitting their enrollment number & password on the bank’s authorized portal, aspirants may get their Bank of India admit card. Carrying the Bank of India Admit Card to the exam center is mandatory as proof of identity and allows entry into the exam hall.

Obtain your Bank of India admit card through the following below-mentioned procedure:

  • Step 1: Check out the Bank of India’s official webpage.
  • Step 2: Click on the link for the Recruitment/ Careers section.
  • Step 3: Look for the link to download the admit card for the respective exam and click on it.
  • Step 4: To sign in, insert your enrollment number and passcode.
  • Step 5: The exam ticket will appear on the computer screen.
  • Step 6: Verify the details on the admit card, such as name, roll number, exam date, and venue.
  • Step 7: The admission card can be downloaded and printed for future reference.
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Bank of India Recruitment Syllabus 2023

English languageArticle,Verb Agreement, Idioms and Phrases, Tenses, Unseen Passages, Error Corrections, Vocabulary, Adverbs, Grammar, Sentence Arrangement, Fill in the blanks, Synonyms, Comprehensions, Error Correction
AccountingMarginal Costing, Social Accounting, Absolute Costing, Overview of Cost Accounting, Activity-based Costing, Inventory Valuation, Cost Volume Profit Analysis, Cost Sheet and Work Capital, Target Costing, Transfer Pricing, Forecasting
General knowledgeBudget facts and five-year plans, History, Countries and Capitals, Sports, CultureGeneral Politics, Current Affairs, Science and Innovations, Economy, Banking and Finance
Corporate AccountingInsurance of shares, Divisible Profits and Bonus Issues, Dividend Distribution, Guidelines of SEBI, Valuation of Goodwill and Shares, Redemption of preference shares, Issues, Forfeitures and Re-issues of Shares, Final Accounts, Accounting for Amalgamation Companies, Underwriting Issues and Redemption of Debentures
Business lawProvident Fund, Industrial Dispute Act, Negotiable Instruments, Labour Law, Factories Act, Partnership Act, Gratuity Act, Company Law, Contract Act
                Management AccountingRatio Analysis, Cash Flow Statement, Budget and Budgetary, Control Process Costing, Sources of Finance, Capital Structure, Analysis Standard Costing and various Analysis, Cost of Capital, Capital Budgeting, Marginal Cost and Cost Volume Profit, Material, Labor Cost and Overhead Cost, Contract Costing, Sources of Finance
EconomicsMicro and Macro Economics, Money Market, Information related to money market and RBI Policies, Capital Market

Bank of India Recruitment 2023: Exam Pattern

The selection process for Bank of India (BOI) PO Recruitment generally consists of three stages:

Online Exam: The first stage of the selection process is an online exam that consists of multiple-choice questions. The exam generally covers Reasoning Ability, Quantitative Aptitude, English Language, General Awareness, and Computer Knowledge.

Group Discussion (GD) and Personal Interview (PI): Candidates who qualify in the online exam are called for the next stage, the GD and PI. In the GD, candidates are given a topic to discuss and are evaluated on their ability to communicate effectively and present their ideas. In the PI, candidates are evaluated on their personality, communication skills, and overall suitability for the job.

Final Selection: The final selection is based on the candidate’s performance in the online exam, GD, and PI. The selected candidates are offered the position of Probationary Officer at the Bank of India.

The table below covers the Bank Of India Recruitment 2023 Examination Pattern.

SectionNo. of QuestionsMaximum MarksTime Duration
English language354040 minutes  
Reasoning and Computer Aptitude456060 minutes  
General/ Economy/ Banking Awareness404035 minutes  
Data Analysis & Interpretation356045 minutes  
Total155200180 minutes

Bank of India Recruitment 2023: Result

Every step of the hiring procedure would be accompanied by a disclosure of the Bank of India Results from BOI. The official website would publish the results on its official webpage. By entering your login information and password, applicants can see their results.

The Process to Find the Bank of India Results –

The following are the details about the BOI result:

  • Firstly, visit the official site of BOI, a link to direct result would appear, click on that.
  • The pdf will light up on your screen where you can see the candidates who are eligible for the interview.
  •  Use CTRL + F and get your name.
  •  Download and download the print to the end result for future use.

The Process to the checklist of candidates shortlisted for interview for Bank of India’s selection –

  • A direct link for accessing the list would be available on the site
  • You can see the number of candidates listed in the interview.
  • Use CTRL + F to check your roll number.

Bank of India PO Recruitment 2023: Salary

The salary of Bank of India (BOI) Probationary Officers (PO) may vary depending on the location and other factors. The starting basic pay for a BOI PO may range from Rs. 23,700 to Rs. 42,020 per month. In addition to the basic pay, the PO may be eligible for various allowances such as Dearness Allowance (DA), House Rent Allowance (HRA), Medical Allowance, etc.

The salary and allowances may be revised occasionally as per the bank’s policies and government regulations.

Check Out Other Banking Exams :

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RBI Grade B Exam Dates, Fees, Eligibility & Notification

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What is the selection process for Bank Of India Recruitment?

The selection process for Bank of India Recruitment typically involves an online exam, a Group Discussion and/or Personal Interview and document verification. The final selection is based on the candidate’s performance in these stages.

What is the last date to apply for Bank Of India Recruitment 2023?

The last date to apply for Bank of India recruitment 2023 is 25th February 2023.

How do you apply for the Bank of India Exam?

The application process for the Bank of India exam typically involves filling out an online application form on the bank’s official website, uploading required documents, and paying the application fee. The official recruitment notification provides detailed instructions and guidelines for the application process.

What is the age limit for Bank of India Recruitment?

The age limit for Bank of India recruitment varies depending on the position and category of the candidate. Generally, the minimum age limit is 18 years and the maximum is 30-35 years. However, the official notification mentions the specific age criteria for each recruitment notification.

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