Bank of India Recruitment 2022 : Check All The Details Here!

Safalta Published by: Saksham Chauhan Updated Thu, 21 Apr 2022 08:58 AM IST

Highlights

Bank of India (BOI) is looking to recruit Officers for filling up 696 vacancies for the post of Economist, Statistician, Risk Manager, Credit Analyst, Credit Officers, Tech Appraisal, IT Officer – Data Centre, Manager, and Senior Manager. Out of a total, 594 candidates will be hired on a regular basis and the remaining 102 on a contractual basis.

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The Bank of India (BOI) is hiring Officers for 696 positions including Economist, Statistician, Risk Manager, Credit Analyst, Credit Officer, Tech Appraisal, IT Officer – Data Center, Manager, and Senior Manager. 594 individuals will be employed permanently, while the remaining 102 will be hired on a contract basis.BOI Online Application Link will be available on 26 April 2022 and it will be closed on 10 May 2022. The candidates can apply by visiting the “Career” Section on the bank's website.  If you are preparing for competitive exams and looking for expert guidance, you can download our General Knowledge Free Ebook Download Now.

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Dates to Remember

  • The deadline to apply for a position as a BOI Officer is April 26, 2022.
  • The deadline to apply for a position as a BOI Officer is May 10, 2022.
  • Date of the BOI Officer Exam to be Announced

Vacancy Specifics

696 total posts

There are 594 posts in the regular category.

  • Economist - 2
  • Statistician - 2
  • Risk Manager - 2
  • Credit Analyst - 53
  • Credit Officers - 484
  • Tech Appraisal - 9
  • IT Officer – Data Centre - 42
Contractual Basis - 102 Posts
  • Manager IT - 21
  • Sr Manager IT - 22
  • Manager IT (Data Centre) - 6
  • Sr Manager IT (Data Centre) - 6
  • Sr Manager IT(Network Security) - 5
  • Senior Manager (Network Routing & Switching Specialists) - 10
  • Manager (End Point Security) - 3
  • Manager (Data Centre) – System Administrator Solaris/Unix - 6
  • Manager (End Point Security) - 3
  • Manager (Data Centre) – System Administrator Windows - 3
  • Manager (Data Centre) – Cloud Virtualisation - 3
  • Manager (Data Centre) – Storage & Backup Technologies - 3
  • Manager (Data Centre – Network Virtualisation on SDN-Cisco ACI) - 4
  • Manager (Database Expert) - 5
  • Manager (Technology Architect) - 2
  • Manager (Application Architect) - 2

Salary of a BOI Officer in 2022:

  • 36000-1490/7-46430-1740/2-49910-1990/7-63840 Junior Management Grade Scale – I (JMGS I) – Rs. 36000-1490/7-46430-1740/2-49910-1990/7-63840
  • Junior Management Grade Scale-II (JMGS II) – Rs. 36000-1490/7-46
  • 48170-1740/1- 49910-1990/10-69810 Middle Management Grade Scale –II (MMGS II) - Rs. 48170-1740/1- 49910-1990/10-69810
  • MMGS III - Rs.

    Source: Safalta.com

    63840-1990/5-73790-2220/2-78230
  • 76010-2220/4-84890-2500/2-89890 Senior Management Grade Scale IV (SMGS IV) - Rs. 76010-2220/4-84890-2500/2-89890

Criteria for Selection as a BOI Officer in 2022

Educational Background:

There are 594 posts in the regular category.
  • Credit Officers - A Bachelor's degree (Graduation) in any field with at least 60% marks and an "MBA/PGDBM/PGDM/PGBM/ PGDBA with a specialty in Finance / Banking and Finance from a reputable institute (two/three-year program)" are required. / A post-graduate degree in commerce, science, or economics is required. OR a CA, ICWA, or CS degree. A least three-month computer course certification OR Information Technology or a related paper as one of the courses at the undergraduate level or later is required.
  • Economist - Economics / Econometrics post-graduate degree
  • Full-time Master's / Post-Graduate Degree in Statistics / Applied Statistics Statistician
  • Risk Manager - Global Association of Risk (GARP) Financial Risk Management Certification OR PRIMA Institute Professional Risk Management Certification OR Chartered Financial Analyst (CFA) from CFA Institute OR CA / ICWA OR Certified Information Systems Auditor (CISA) Certificate/ Diploma of Information Systems Auditor (DISA) from ICIA/ISACA
  • Credit Analyst - Full-time MBA in Finance/PGDM in Finance/CA/ICWA for two years.
  • BE in concerned streams OR a bachelor's degree in engineering plus a master's or post-graduate diploma in concerned streams.
  • BE/B.Tech in CSE/ IT/ E&C with minimum 60% marks) OR First Division (minimum 60% marks) in MCA/M.Sc(IT) from a recognised university/institute.
102 Positions on a Contractual Basis
  • Bsc Computer Science/B.E./B. Tech in Computer Science/ Information Technology/ Electronics/ Electrical & Electronics/ Electronics & Communication from a recognised university/ OR MCA/ MBA (Business Analytics)/ PG (Statistics)/ Msc Computer Science from a recognised university.
  • Sr Bsc Computer Science/B.E./B. Tech in Computer Science/ Information Technology/ Electronics/ Electrical & Electronics/ Electronics & Communication from a recognised university/ OR MCA/ MBA (Business Analytics)/ PG (Statistics)/ Msc Computer Science from a recognised university.
  • BE/ B.Tech in CSE/IT/ E&C with least 60% marks or MCA/M.Sc(IT) from a recognised university/institute, Manager IT (Data Centre)
  • Sr Manager IT (Data Centre) - BE/ B.Tech in CSE/IT/E&C with a minimum of 60% or MCA/M.Sc(IT) from a recognised university/institute.
  • Sr Manager IT (Network Security) - Minimum 60% in CSE/E&C or MCA from a recognized university/institute. Certification is required.
  • Senior Manager (Network Routing and Switching Specialists) - BE/ B.Tech in CSE/E&C with a minimum of 60% or MCA from a recognized university/ institute.
  • Certification is required.
  • Manager (End Point Security) - Minimum 60% in CSE/E&C or MCA from a recognized university/institute. Certification is required.
  • Solaris/Unix System Administrator Manager (Data Centre) - BE/B.Tech in CSE/E&C with at least 60% or MCA from a recognized university/institute. Certification is required.
  • Manager (Data Centre) – System Administrator Windows - BE/ B.Tech in CSE/E&C with a minimum of 60% or MCA from a recognized university/institute. Certification is required.
  • BE/ B.Tech in CSE/E&C with a minimum of 60% marks or MCA from a recognized university/ institute is required for the position of Manager (Data Centre) – Cloud Virtualisation. Certification is required.
  • BE/ B.Tech in CSE/E&C with a minimum of 60% marks or MCA from a recognized university/ institute is required for the position of Manager (Data Centre) – Storage & Backup Technologies. Certification is required.
  • Manager (Data Center – Network Virtualisation on SDN-Cisco ACI) - BE/B.Tech in CSE/E&C with a minimum of 60% marks or MCA from a recognized university/institute. Certification is required.
  • Manager (Database Expert) - BE/ B.Tech in CSE/E&C with at least 60% or MCA from a recognised university/institute. Certification is required.
  • B.E./ B.Tech./ MCA (from a recognized University/ Institution) Manager (Technology Architect) and (Application Architect) Graduates or postgraduates in computer science or information technology are recommended.

Experience:

  • Credit Officers with no previous experience
  • Economists must have a minimum of four years of experience.
  • A minimum of four years of experience as a statistician is required.
  • Risk Manager with a minimum of three years experience.
  • Minimum of ten years experience as a credit analyst.
  • Appraisal of technology - 3 years minimum.
  • 2 years of experience as an IT officer is required.
  • Manager with a minimum of 7 years experience is required.
  • Sr Manager - Minimum of 8 years experience

Age Restrictions:

  • Credit Officers - 20 to 30 years of experience
  • Economist (28-35 years old)
  • 28 to 35 years as a statistician
  • Risk Manager (28-35 years old)
  • 53 years as a credit analyst
  • Appraisal of Technology - 25 to 35 Years
  • Officer of Information Technology (IT) - 20 to 30 years
  • 25 to 35 years of experience as a manager
  • 25 to 37 years as a senior manager

Process of Selection

Depending on the number of applicants/eligible candidates, applicants will be summoned for an online exam, GD, and/or personal interview.

What is the procedure for applying for the BOI Officer Recruitment 2022?

Candidates can apply online in three phases from April 26 to May 10, 2022:
  • Fees for submitting an application and registering
  • Scan and upload a photo and a signature

Application fee:

  • 175/- for SC/ST/PWD (INTIMATION CHARGES ONLY)
  • 850/- (APPLICATION FEE + INTIMATION CHARGES) GENERAL & OTHER

Important Links

www.bank of India.co.in.

BOI Officer Notification Download
 

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I've never done anything like this before. Is it possible for me to apply for Officer positions?

Fresher with a Bachelor's Degree in any discipline with at least 60% marks and a "MBA/PGDBM/PGDM/PGBM/ PGDBA With Specialization In Finance / Banking And Finance From A Reputable Institute (Two/Three Year Program)" / Post-Graduation Degree In Commerce/Science/Economics. OR a CA, ICWA, or CS degree. Can Apply For Credit Officer Post With A Certification In Computer Course For Minimum Three Months OR Information Technology Or Related Paper As One Of The Subjects At Graduation Level Or Later.

What is the date of the BOI Officer Exam?

The Exam Shall Be Announced Soon.

What is the deadline for BOI registration?

10 May 2022

What is BOI Registration Starting Date ?

26 April 2022

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