Bank of India Recruitment 2016 for 517 officer vacancies in Scale-I & II (JMGS-I/MMGS-II)



Bank of India Recruitment 2016: Bank of India recently announced about it 2016 recruitment for officer category posts and the notification related to this 2016 recruitment of Bank of India was released on 6th May 2016. Bank of India invites all the eligible candidates to apply for this recruitment through online and the online application links for Bank of India recruitment 2016 will be available in the official site www.bankofindia.co.in from 31st May 2016. Bank of India is one of the public sector banks in India. The candidates who are interested and eligible to apply for this Bank of India officer Recruitment 2016 can apply for it through online. This Recruitment of bank of India is for 517 Officer Vacancies in Scale – I and Scale-II. This article gives you the brief details about Bank of India officer recruitment 2016 like eligibility criteria, fee details, important dates etc.

No. of vacancies: The total no. of vacancies available in this 2016 Recruitment of Bank of India is 517 officer posts in various Scales and the vacancy details for each post is as follows
Credit Officer (JMGS-I) – 217 posts
Manager (MMGS-II) – 200 posts
Senior Manager (MMGS-II) – 100 Posts

Pay Scale:
Post Name
Pay Scale
Credit Officer (JMGS-I)
Rs.23,700 to Rs.42,020/-
Manager (MMGS-II)
Rs.31,705 to Rs.45950/-
Senior Manager (MMGS-II)
Rs.42,020 to Rs.51490/-

Age limits: age is considered as on 1st April 2016
Credit Officer (JMGS-I): 21 years to 30 years
Manager (MMGS-II): 28 years to 35 Years
Senior Manager (MMGS-II): 30 years to 38 Years
Age relaxation is applicable as per government rules

Educational Qualifications & Experience:
Post Name
Education Qualification
(From recognized University/Institute/Board recognized by govt. of India / approved by Govt. regulatory Bodies)
Experience
Credit Officer (JMGS-I)
B.com Degree (3years full time course) with minimum 60% Marks along with MBA/PGDBM/PGDBA from Institute of repute (2 or 3 year full time Course)
(Final year of MBA/PGDBM/PGDBA are eligible to apply, results should be declared on or before 31st August 2016)
Or
Chartered Accountant
Or
ICWA
-
Manager (MMGS-II)
B.com Degree (3years full time course) with minimum 60% Marks along with MBA/PGDBM/PGDBA from Institute of repute (2 or 3 year full time Course)
Or
Chartered Accountant
Or
ICWA
Minimum 5 years post qualification work experience in Risk Management/ Credit/Forex/Relationship Manager/Retails banking  etc in financial Services industry/ Financial institution/Bank/MutualFunds/NBFC’s of which 2 years of experience in Large Bank as an officer if essential
Senior Manager (MMGS-II)
B.com Degree (3years full time course) with minimum 60% Marks along with MBA/PGDBM/PGDBA from Institute of repute (2 or 3 year full time Course)
Or
Chartered Accountant
Or
ICWA
Minimum 7 years post qualification work experience in Risk Management/ Credit/Forex/Relationship Manager/Retails banking  etc in financial Services industry/ Financial institution/Bank/MutualFunds/NBFC’s of which 3 years of experience in Large Bank as an officer if essential

Application Fee: fee will be paid through online mode only and fee is not refundable at any circumstances.
SC/ST/PWD – Rs. 100/-
General & others – Rs.600/-

Selection Procedure: selection procedure of Bank of India officer recruitment 2016 is of two stages; online objective Exam and Interview. Online exam will be conducted for all the candidates who are applied and the candidates who are qualified in online exam will be invited for Interview.

Online Exam Pattern: Objective type exam with 3 sections 50 marks for each section.
Bank of India Exam Pattern
English Language
50 marks
Time duration is 150 minutes
General Awareness with special reference to Banking Industry
50 marks
Financial Management
50 Marks

Important Dates:
Online applications & Fee Payment will be started from 31st May 2016.

Last Date for online applications and fee payment is 14th June 2016. 


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