Overview

The Bank of India (BOI), a leading Public Sector Bank, has released an official notification for the recruitment of 514 Credit Officers in the General Banking Officer (GBO) stream. This is a massive career upgrade for experienced banking professionals looking to join a nationalized bank in Middle and Senior Management grades (MMGS-II, MMGS-III, and SMGS-IV).

Selected candidates will not only receive a lucrative salary package but also enjoy job security and excellent perks. If you have the required experience and passion for credit management, don’t miss this chance to apply online.

Key Highlights

• Recruitment Board: Bank of India (BOI)
• Post Name: Credit Officer (GBO Stream)
• Total Vacancies: 514
• Job Location: All India
• Salary (Pay Scale): ₹64,820 – ₹1,20,940 (varies by scale)
• Application Mode: Online
• Application Dates: 20 December 2025 to 05 January 2026
• Official Website: bankofindia.bank.in

About Bank of India: Established in 1906 with headquarters in Mumbai, BOI is a premier public sector bank. This drive specifically aims to strengthen their credit department by hiring experienced officers for MSME, Commercial, and Corporate credit portfolios.

Vacancy Breakdown 2025

The bank has announced a total of 514 vacancies distributed across three different scales. Candidates can apply for only one post.

Eligibility Criteria (As on 01.11.2025)

Educational Qualification

• For All Scales (MMGS-II, MMGS-III, SMGS-IV): A Degree (Graduation) in any discipline from a recognized University with minimum 60% marks (55% for SC/ST/OBC/PWD).

Experience Requirements

• Credit Officer (MMGS-II): Minimum 3 Years of experience as an Officer in a Bank/Financial Institution, out of which 2 Years must be in processing MSME/Commercial/Corporate Credit.
• Credit Officer (MMGS-III): Minimum 5 Years of experience as an Officer, out of which 3 Years must be in processing MSME/Commercial/Corporate Credit.
• Credit Officer (SMGS-IV): Minimum 8 Years of experience as an Officer, out of which 5 Years must be in processing MSME/Commercial/Corporate Credit.

Age Limit

• MMGS-II: 25 to 35 Years
• MMGS-III: 28 to 38 Years
• SMGS-IV: 30 to 40 Years
• Relaxation: 5 years for SC/ST, 3 years for OBC, and 10 years for PwBD candidates.

Salary Structure and Benefits

• MMGS-II Scale: ₹64,820 – ₹93,960
• MMGS-III Scale: ₹85,920 – ₹1,05,280
• SMGS-IV Scale: ₹1,02,300 – ₹1,20,940

Perks & Allowances: Includes Dearness Allowance (DA), House Rent Allowance (HRA) or Leased Accommodation, City Compensatory Allowance (CCA), Medical Aid, New Pension Scheme (NPS), Gratuity, and Leave Encashment.

Selection Process

Stage 1: Online Examination

If applicant numbers are high, an online test will be conducted (120 minutes duration, 0.25 negative marking).

• English Language: 25 Questions (Qualifying Nature)
• Reasoning: 25 Questions
• Quantitative Aptitude: 25 Questions
• Professional Knowledge: 75 Questions (High Weightage)

Stage 2: Personal Interview

Candidates qualifying the exam (or if the exam is waived) will be called for a Personal Interview. Final merit is based on Online Exam + Interview (70:30 weightage) or Interview alone.

How to Apply Online

1. Visit the Official Website of Bank of India.
2. Navigate to the ‘Career’ section and click on "Recruitment of Credit Officers in GBO Stream".
3. Click on "Apply Online" and choose "Click here for New Registration".
4. Enter your Name, Email ID, and Mobile Number to generate Registration details.
5. Fill in personal, educational, and experience details.
6. Upload scanned copies of Photograph, Signature, Left Thumb Impression, and Handwritten Declaration.
7. Pay the application fee online.
8. Submit and print the application form.

Important Dates

Application Fees

Essential Links