Bank Of India Officers Recruitment 2020

Bank Of India Officers Recruitment 2020
Post Name – Officers in Various Scales
Recruitment of Officers in various streams upto Scale IV- Project No. 2020-21/2 Notice dated 01.09.2020

Submission of on – line application commencing from16-9-2020
Last date for submission of on – line application30-9-2020
Relevant date for Age and Qualification1-9-2020
Tentative Date of Online ExaminationWill be advised separately

Application Fees Bank Of India Officers Recruitment 2020

CATEGORYAMOUNT (Rs.)
SC/ST/PWDRs. 175/- (INTIMATION CHARGES ONLY)
GENERAL & OTHERSRs. 850/- (APPLICATION FEE + INTIMATION CHARGES)

Educational Qualification For Bank Of India Officers Recruitment 2020

Candidates having Bachelor / Master Degree in relevant stream from recognized University with desirable work experience can apply for this post.

Click here for post wise educational qualification.

Vacancy Details For Bank Of India Officers Recruitment 2020

Name of the
Post
StreamScaleSCSTOBCEWSGENTOTALMin. Age as on
01.09.2020
Max. Age as on
01.09.2020
EconomistSPLSMGS
-IV
222038
EconomistSPLMMGS
-II
1122035
StatisticianSPLMMGS
-II
222035
Risk ManagerSPLSMGS
-IV
1232038
Risk ManagerSPLMMGS
-III
111362035
Credit AnalystGBOSMGS
-IV
9416625602038
Credit OfficersGBOJMGS-
I
12621733792030
IT (Fintech)SPLSMGS
-IV
112372038
IT (Fintech)SPLMMGS
-III
2125102035
IT (Fintech)SPLMMGS
-II
3235132032
IT (Data Scientist)SPLSMGS
-IV
1232038
IT (Data Analyst)SPLMMGS
-III
1232035
IT (Data Analyst)SPLMMGS
-II
12362032
IT (Info. Security)SPLSMGS
-IV
1122038
IT (Info. Security)SPLMMGS
-III
222035
IT (Info. Security)SPLMMGS -II11242032
Tech
Appraisal
SPLMMGS -II3124102035
TOTAL214

Pay Scale For Bank Of India Officers Recruitment 2020

SCALESCALE OF PAY
Junior Management Grade Scale – I (JMGS I)23700-980/7-30560-1145/2-32850-1310/7-42020
Middle Management Grade Scale –II(MMGS II)31705-1145/1-32850-1310/10-45950
Middle Management Grade Scale –III(MMGS III)42020-1310/5-48570-1460/2-51490
Senior Management Grade Scale –IV(SMGS IV)50030-1460/4-55870-1650/2-59170

SELECTION PROCEDURE
Selection will be through online test and/or GD and/or personal interview, depending on the number of applicants/eligible candidates.

I. ONLINE EXAMINATION – For Bank Of India Officers Recruitment 2020
The structure of online examination will be as under:

Sr.
No.
Name of the TestsMaximum MarksDuration
1English Language50Composite Time
of 150 Minutes
2Professional Knowledge75
3General Awareness with special reference to Banking Industry50

Bank reserves the right to modify the structure of the examination which will be intimated through its authorised website. Other detailed information regarding the examination will be given in an Information Handout, which will be made available for the candidates to download along with the call letters from the authorised website www.bankofindia.co.in
The above tests except the Test of English Language will be available bilingually, i.e. English and Hindi. The test of English Language will be of qualifying nature i.e. Marks obtained in English Language will not be added while preparing merit List.
Qualifying marks stipulated above are for General/EWS Category candidates. Candidates belonging to the Category SC/ST/OBC/PWD, filling in vacancies reserved for the relevant category, will be entitled to a relaxation of 5% marks in relation to that stipulated for General/EWS category candidates

Penalty for Wrong Answers :
There will be penalty for wrong answers marked in the Objective Tests. For each question for which a wrong answer has been given by the candidate one fourth or 0.25 of the marks assigned to that question will be deducted as penalty to arrive at corrected score. If a question is left blank, i.e. no answer is marked by the candidate; there will be no penalty for that question.
II. INTERVIEW :
Merit list of the candidates based on the marks obtained by them in online examination (marks obtained in General Awareness with special reference to Banking Industry and Professional Knowledge paper) will be prepared in descending order for the respective categories i.e. SC/ST/OBC/EWS/GEN. Candidates securing the minimum qualifying marks stipulated for Online Tests and ranking sufficiently high in the order of merit shall be called for Personal interview and/or GD. Mere passing in the Online Test shall not vest any right to a candidate for being called for Personal Interview/GD. In case of equal marks by two or more candidates, the merit order of such group of candidates will be on the basis of Date of Birth i.e. Candidate senior in age will be placed higher in the merit List.

The Bank may conduct the selection process only on the basis of Interview/GD without holding online test. Accordingly, if online examination is not conducted, adequate number of candidates as decided by the Bank will be shortlisted for the interview based on their qualification, experience, and overall suitability for the post. The total marks allotted for Interview are 100. The minimum qualifying marks for the General/EWS category candidates will be 40% and for SC/ST/OBC/PWD is 35%. The candidates called for the interview will be at the ratio of 3:1 to the number of vacancies. However, Bank may increase the said ratio at its discretion

Apply onlineClick Here
Official NotificationClick Here
Official WebsiteClick Here

Selection : For Bank Of India Officers Recruitment 2020
If Online Examination and Interview is conducted
Selection will be through online test and/or personal interview/GD, depending on the number of applicants/eligible candidates. In case online test is conducted, the weightage (ratio) of Online Examination and interview will be 80:20. The combined final scores of candidates shall be arrived at on the basis of total scores obtained by the candidates in Online Examination (marks obtained in General Awareness with special reference to Banking Industry and Professional Knowledge paper) and Interview. A candidate should be found suitable both in the Online Examination and interview to be eligible for final selection.
Merit list of the candidates based on the marks obtained by them in Online Examination and Personal Interview will be prepared in descending order for the respective categories i.e. SC/ST/OBC/EWS/GEN. The final selection will be made on the basis of this merit list upto the number of vacancies.
If Online Examination is not conducted :
If online examination is not conducted, the final selection will be made through personal interview. In such case merit list will be prepared on the basis of marks obtained in Personal Interview in descending order for the respective categories i.e. SC/ST/OBC/EWS/GEN. The final selection will be made on the basis of this merit list upto the number of vacancies. Maximum marks for interview will be 100. Minimum qualifying marks in interview shall be 40% for General/EWS Category and 35% for SC/ST/OBC category candidate
If both Group Discussion and Interview is conducted :
Maximum Marks for Group Discussion will be 30 and minimum qualifying marks will be 40% for General and 35% for SC/ST/OBC category (out of 30 marks). Only those candidates who have secured minimum qualifying marks in Group Discussion shall be called for Personal Interview. Mere participation in Group Discussion shall not vest any right in a candidate for being called for Personal Interview.
Group Discussion will be of qualifying nature only i.e. Marks obtained in Group Discussions will not be added while preparing merit List.
In case of equal marks obtained by two or more candidates, the merit order of such group of candidates will be on the basis of marks obtained in Online examination i.e. candidate securing higher marks in Online exam will be placed higher in the merit list. If the marks obtained in the online exam is also equal or online examination is not conducted, the merit order will be on the basis of Date of Birth i.e. Candidate senior in age will be placed higher in the merit List.

HOW TO APPLY
DETAILED GUIDELINES/PROCEDURES FOR
A. APPLICATION REGISTRATION
B. PAYMENT OF FEES
C. PHOTOGRAPH & SIGNATURE SCAN AND UPLOAD
Candidates can apply only online from 16.09.2020 to 30.09.2020 and no other mode of application will be accepted.

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