Bank of India Recruitment 2020 Download Official Notification, Vacancies, Eligibility, Apply Online

Updated On -

Oct 21, 2020

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Sudeshna Bhar

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The Bank of India (BOI) has activated the online application link for the post of Officers in various Scales up to Scale-IV. All the candidates who wish to apply, from today onwards .i.e. September 16, 2020 till September 30, 2020. The last date of paying the application fees is also September 30, 2020.

The exam dates have not been announced yet. The date of admit card will also be announced by the authorities after the completion of the application process.

Get FREE BOI 2021 Mock Tests, Sectional Quiz, Previous Years Papers. Click Here

Candidates are advised to check the BOI Officer Recruitment 2020 Notification PDF before applying to the post. Download the English Official Notification In PDF form.

You must check all the details like vacancy, eligibility criteria, exam pattern and other details for Bank of India Recruitment 2020 in the following article.

Latest Update:

  • September 16, 2020 - Online Application Process Starting on the Official website of Bank of India. To apply directly Click Apply Now
  • September 01, 2020 - the Declaration of the Official Notification on the Official website of the Bank of India.

Bank of India Recruitment 2020 Highlights

Name of Exam Bank of India Officers Recruitment 2020
The Conducting Body Bank Of India
Posts 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
  1. Online Written Test
  2. Interview
Official Website bankofindia.co.in
BOI Important Dates

Bank of India Recruitment 2020 Important Dates

Events Important Dates
Official Notification September 16, 2020
Starting Date for Submission of Online application September 16, 2020
Last Date for Submission September 30, 2020
Last Date of Online Payment September 30, 2020
Online Written Examination To Be Notified
Results of Online Written Examination To be Notified
BOI Eligibility

BOI Recruitment 2020 Eligibility Criteria

The applying candidate must be Indian or a subject of Bhutan or Nepal possessing a certification ensuring their citizenship issued by the Government of India. Other than the citizenship criteria, candidates are required to meet the following eligibility criteria to apply for the Bank of India Recruitment 2020.

Age limit and Relaxation

Candidates need to be between the ages of 20 - 38 years to apply for the posts. The mentioned age should be met on September 01, 2020. The age relaxation specified on the official notification is as follows:

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

Educational Qualification

The educational qualification required for various posts is subject to vary. In the below paragraph, the summary of a required educational degree or qualification is provided.

Designation Educational Qualification
Economist (SMGS-IV) PhD or PG Degree in Economics/ Econometrics
Economist (MMGS-II) PhD Degree in Economics/Econometrics
Statistician (MMGS-II) Full-time PG Degree in Statistics/Applied Statistics
Risk Manager (SMGS-IV) Certification in Financial Risk Management from Global Associate of Risk (GARP) or CFA/PRIMA pr CA/ICWA or Master in Finance
Risk Manager (MMGS-III) Certification in Financial Risk Management from Global Associate of Risk (GARP) or CFA/PRIMA pr CA/ICWA
Credit Analyst (SMGS-IV) MBA in Finance/PGDM in Finance/CA/ICWA
Credit Officers (JMGS-I) Degree (Graduation) in any discipline along with MBA/PGDM/PGDM/PGBM/PGDBA or CA/ICWA/CS
IT (Fintech) (SMGS-IV) Bachelor Degree in Engineering in one of the streams or Bachelor Degree in Engineering with Master/PG Diploma in the relevant discipline
IT (Fintech) (MMGS-III) BE/B.Tech in Computer Science/Information Technology/Electronics/Electrical & Electronics & Communication or any Graduate with ‘B’ Level
IT (Fintech) (MMGS-II) BE/B.Tech in Computer Science/Information Technology/Electronics/Electrical & Electronics/Electronics & Communication or Any Graduate with ‘B’ Level
IT (Data Scientist) (SMGS-IV) BE/B.Tech in Computer Science/Information Technology/Electronics/Electrical & Electronics/Electronics & Communication or Any Graduate with ‘B’ Level
IT (Data Analyst) (MMGS-III) Ph.D or Master Degree in Statistics, Computer Science or engineering
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) PhD or Master Degree in Statistics, Computer Science or engineering
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) Graduate or PG in Formation Technology/ Computer Science/ Computer Application/Electronics and Communication/Electronics
IT (Info Security) (MMGS-II) Graduate or PG in Formation Technology/ Computer Science/ Computer Application/Electronics and Communication/Electronics
Tech Appraisal (MMGS-II) Graduate or PG in Formation Technology/Computer Science/ Computer Application/Electronics and Communication/Electronics
BOI Application Process

Bank of India Recruitment 2020 Apply Online Here

Candidates who meet the above criteria can apply for the offered posts of Bank of India Recruitment 2020. Only the online application shall be accepted, no other means of application shall be accepted by the authorities. The online application process for Bank of India Officers will comprise of three-stage: Application Registration, Payment of Application Fees and Upload documents. Apply Directly from Here

Application Registration

  • Go to the Bank’s website www.bankofindia.co.in
  • Click on the ‘CAREER’
  • Then click on the link “Recruitment of Officers in various streams upto Scale-IV- Project No. 2020-21/2 Notice dated 01.09.2020”
  • Option “APPLY ONLINE” which will open a new screen.
  • Choose “Click here for New Registration
  • Provide the required information such as Name, Contact details and Email-id. This will generate a Provisional Registration Number and Password.
  • It is advisable to note down the Provisional Registration Number and Password
  • On receiving the registration no. and password, log in to complete the application procedure.
  • Fill up the personal, academic details, and communication details correctly.
  • Choose the exam centre carefully.
  • Then review the entered details and click on ‘FINAL SUBMIT’

Payment of Application Fees

  • The payment can be made by using only Master/ Visa Debit or Credit cards or Internet Banking.
  • After submitting your payment information in the online application form, PLEASE WAIT FOR THE INTIMATION FROM THE SERVER. DO NOT PRESS BACK OR REFRESH BUTTON IN ORDER TO AVOID DOUBLE CHARGE.
  • On successful completion of the transaction, an e-Receipt will be generated.
  • Non-generation of ’E-Receipt’ indicates PAYMENT FAILURE. On failure of payment, Candidates are advised to login again using their Provisional Registration Number and Password and repeat the process of payment.
Category Amount
SC/ST/PWD INR 175/- (Intimation Charges Only)
General & Others INR 850/- (Application Fee + Intimation Charges)

Upload Documents

  • Upload the photograph, signature, Left Hand Thumb Impression, Handwritten declaration.
  • In Case The Face In The Photograph Or Signature Is Unclear, The Application May Be Rejected.
  • Candidate May Edit The Application And Re-Upload The Photograph/ Signature In Such Case.
BOI Admit Card

Bank of India Recruitment 2020 Admit Card

The Bank of India will announce the Admit Card 2020 soon. Aspirants are advised to be ready with the valid login details such as application number or registration number, date of birth, and password to obtain the hall ticket 2020.

After downloading the admit card, there will be essential information printed which needs to be checked thoroughly. The details printed on the admit card will be -

  • Date and Time of the Test
  • Full Name of the Candidate
  • Venue to the Test Centre
  • Reporting Time to the Exam Cell
  • Signature of the Board Councillor
  • Space Box for Applicant’s Signature
  • Name of the Conducting Board
  • Photograph of the Applicant
  • Enrollment/ Application Number
  • Name of the Examination
  • Applicant’s Date of Birth
  • Hall Ticket Number
  • Name of the Examination Centre
BOI Exam Centres

Bank of India Recruitment 2020 Exam Centres

Candidates will be given the opportunity to choose the exam centre while applying for the exam. No further request or attempts to change the exam centre shall be entertained by the authorities.

The examination will be conducted online in Ahmedabad, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Dehradun, Delhi, Hyderabad, Jaipur, Jammu, Kolkata, Lucknow, Mumbai, Panaji, Patna, Raipur, Ranchi, Shimla and Thiruvananthapuram

Note -

  • No request for change of centre for Examination shall be entertained.
  • No expenses will be provided or carried by the authorities and the bank also reserves the right to change the exam centres.
BOI Exam Pattern

Bank of India Recruitment 2020 Exam Pattern

  • The test will be conducted in online mode,
  • All the questions will be Objective in nature.
  • There will be three sections for the BOI Officers Test of a duration of 150 minutes.
  • There will be a penalty of 0.25 marks assigned to those questions for every wrong answer marked in the Objective Tests.
  • The test will be conducted bilingually, i.e. English and Hindi except, English Language which will be available in English only.
  • The test of English Language will be of qualifying nature i.e. Marks obtained in the English Language will not be added while preparing the merit List.
Subjects Total Mark Duration
English Language 50 150 minutes
Professional Knowledge 75
General Awareness with special reference to Banking Industry 50
Total 175 2 Hour 30 Minutes
BOI Results & Cutoffs

Bank of India Recruitment 2020 Results and Cutoffs

The Bank of India Officer Exam Cut Off Marks 2020 will be available soon on the official website after the completion of the written test. After declaring the result of the Written test, the cutoff will be released. It decides based on the many factors such as mentioned below:

  • The number of vacancies
  • The total no. of candidates attended the exam
  • Past year cut off marks
  • The difficulty level of the question paper, etc.

The Bank of India Recruitment Merit List 2020 is crucial for selecting the applied examinees for the interview. This list will be prepared based on the marks scored by the aspirant. Candidates will be able to download the Merit list from the official website.

BOI Selection Process

Bank of India Recruitment 2020 Selection Process

The selection of candidates for Bank of India recruitment will be done on the basis of online test and/or GD and/or personal interview, depending on the number of applicants/eligible candidates.

Online Written Test

The online examination will include questions from English, Professional Knowledge, General Awareness with special reference to Banking Industry. The exam duration is for 150 minutes and the total marks are 175. The above tests except for the Test of English Language will be available bilingually, i.e. English and Hindi.

Interview

After the successful qualification of the online written test, an interview will be conducted. The marks obtained through online examination and Interview will be prepared on the merit list.

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, the Bank may increase the said ratio at its discretion.

Bank of India Recruitment 2020 Vacancies

The number of vacancies and also the number of reserved vacancies is provisional and may vary according to actual requirements of the Bank. the number of notified vacancies are mentioned in the following table:

Name of the Post Scale Total Vacancies
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 214

Bank of India Recruitment 2020 Salary Structure

The Pay Scale as per the post has been given below for Bank of India officers Recruitment for JMGS I, MMGS II, MMGS III, and SMGS IV Officer Posts.

  • 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

Social Guidelines For Bank of India Recruitment 2020 Exam

The Online written test of Bank of India Officers’ Recruitment up to Grade IV will be conducted by following the social guidelines in the wake of COVID 19 Pandemic. Different reporting time will be printed for a set of candidates. Candidates must report much before the Reporting time to avoid crowding.

  1. Mask (WEARING A MASK is COMPULSORY)
  2. Gloves
  3. Personal transparent water bottle
  4. Personal hand sanitizer (50 ml)
  5. A simple pen
  6. f. Exam related documents (Call Letter/Admit Card, ID card in Original, Photocopy of ID Card, etc)
  7. Call Letter/Admit Card should be brought with the Photocopy of the Photo ID stapled with it. Original ID (same as Photocopy) is also to be brought for verification. The name on the ID and on the Call Letter/Admit Card should be exactly the same.
  8. In case of Scribe Candidates – Scribe form duly filled and signed with Photograph affixed.
  9. The candidate must have Aarogya Setu App installed on his mobile phone

This two-stages exam selection process is a clear path to be an officer of Bank of India. Candidates who will be selected through interview, will be joining any of the banking sectors mentioned earlier as per the vacancies. The job location can be anywhere in India. One more thing, candidates who have made their mind, apply now and start preparing with your whole spirit and mind.

BOI FAQs

FAQs

Ques. What are the ID proofs required for the written test of Bank of India Recruitment 2020?

Ans. The required ID Proofs that must be carried for BOI Recruitment Exam 2020 are any of the two items mentioned in below-list

  • Voter ID
  • Ration Card
  • Bank Account Pass Book
  • Applicant’s Driving License
  • The ID of a Recognized Organization
  • PAN Card
  • Aadhar Card
  • Passport

Ques. What are the details required to download the Bank of India Recruitment 2020 Admit Card?

Ans. The details required to download the Bank of India Recruitment 2020 Admit Card are Registration ID or User ID and Password.

Ques. What happens if the Online Test of Bank of India Recruitment 2020 is not conducted?

Ans. If the online examination of Bank of India Recruitment 2020 is not conducted, the final selection will be made through a 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 up to the number of vacancies. Minimum qualifying marks in the interview shall be 40% for General/EWS Category and 35% for SC/ST/OBC category candidate.

*The article might have information for the previous academic years, please refer the official website of the exam.

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