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).
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.
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
Selection Process
Official Website
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 JobsCloud 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.
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.
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
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
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
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. Moreover, Jobscloud helps you stay up-to-date by combining all the important details into one page.
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.
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
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 –
CATEGORY
AMOUNT
SC/ST/PWD
INR/- (INTIMATION CHARGES ONLY)
GENERAL & OTHERS
INR 850/- (Application Fee + Intimation Charges)
Process of Uploading documents –
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
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.
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.
Check Out Other Banking Exams :
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RBI Grade B Exam Dates, Fees, Eligibility & Notification
Proof of ID required for BOI Recruitment Exam 2020 for any of the two items listed below:
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.
To explore related exams, click here.