(Notification) BOI : Recruitment of Officers upto Scale IV (SEP-2020) Project No. 2020-21/2

BANK OF INDIA, a leading Public Sector Bank having Head Office in Mumbai, invites applications for recruitment of Officers in various scales as below:

Details of the Post:

Name of the Post	Stream	Scale	Category wise distribution of vacancies to be declared						Out Of which				Age as on 01.09.2020
Name of the Post	Stream	Scale	SC	ST	OBC	EWS	GEN	TOTAL	HI	VI	OC	ID	Min.	Max
Economist	SPL	SMGS-IV	-	-	-	-	2	2	-	-	-	-	20	38
Economist	SPL	MMGS-II	1	-	-	-	1	2	-	-	-	-	20	35
Statistician	SPL	MMGS-II	-	-	-	-	2	2	-	-	-	-	20	35
Risk Manager	SPL	SMGS-IV	-	-	1	-	2	3	-	-	-	-	20	38
Risk Manager	SPL	MMGS-III	1	-	1	1	3	6	-	-	-	-	20	35
Credit Analyst	GBO	SMGS-IV	9	4	16	6	25	60	1	-	1	-	20	38
Credit Officers	GBO	JMGS-I	12	6	21	7	33	79	1	1	-	1	20	30
IT (Fintech)	SPL	SMGS-IV	1	1	2	-	3	7	-	1	-	-	20	38
IT (Fintech)	SPL	MMGS-III	2	1	2	-	5	10	-	-	-	-	20	35
IT (Fintech)	SPL	MMGS-II	3	2	3	-	5	13	-	-	1	-	20	32
IT (Data Scientist)	SPL	SMGS-IV	-	-	-	1	2	3	-	-	-	-	20	38
IT (Data Analyst)	SPL	MMGS-III	-	-	1	-	2	3	-	-	-	-	20	35
IT (Data Analyst)	SPL	MMGS-II	1	-	2	-	3	6	-	-	-	-	20	32
IT (Info.Security)	SPL	SMGS-IV	1	-	1	-	-	2	-	-	-	-	20	38
IT (Info.Security)	SPL	MMGS-III	-	-	-	-	2	2	-	-	-	-	20	35
IT (Info.Security)	SPL	MMGS-II	1	-	1	-	2	4	-	-	-	-	20	32
Tech Appraisal	SPL	MMGS-II	3	1	2	-	4	10	-	-	-	-	20	35
TOTAL								214

PAY SCALE:

SCALE	SCALE 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

Age Limit :

Name of the Post	Scale	Total Vacancies	Posting	Click the below mentioned link for detailed eligibility etc.
Economist	SMGS-IV	2	Based in Mumbai **	*Click here for Annexure-I of Notice dated* *01.09.2020*
Economist	MMGS-II	2
Statistician	MMGS-II	2
Risk Manager	SMGS-IV	3
Risk Manager	MMGS-III	6
Credit Analyst	SMGS-IV	60	Any where in India
Credit Officers	JMGS-I	79	Any where in India
IT (Fintech)	SMGS-IV	7	Based in Mumbai / Navi Mumbai **
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	Any where in India
TOTAL		214

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 -

The structure of online examination will be as under:

Sr. No.	Name of the Tests	Maximum Marks	Duration
1.	English Language	50	Composite Time of 150 Minutes
2.	Professional Knowledge	75
3.	General Awareness with special reference to Banking Industry	50

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.

APPLICATION FEES:

CATEGORY	AMOUNT (Rs.)
SC/ST/PWD	Rs. 175/- (INTIMATION CHARGES ONLY)
GENERAL & OTHERS	Rs. 850/- (APPLICATION FEE + INTIMATION CHARGES)

HOW TO APPLY:

DETAILED GUIDELINES/PROCEDURES FOR

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.

Important Dates:

Submission of on – line application commencing from	16.09.2020
Last date for submission of on – line application	30.09.2020
Relevant date for Age and Qualification	01.09.2020
Tentative Date of Online Examination	Will be advised separately

BANK EXAM PORTAL

(Notification) BOI : Recruitment of Officers upto Scale IV (SEP-2020) Project No. 2020-21/2