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BOI Credit Officer Exam 2022 - Complete Recruitment Details

About BOI Credit Officer 2022

BOI Credit Officer: BOI (Bank of India) was founded on 7th September 1906 by a group of eminent businessmen from Mumbai. The Bank was under private ownership and control till July 1969 when it was nationalized along with 13 other banks. Beginning with one office in Mumbai, with a paid-up capital of Rs.50 lakh and 50 employees, the Bank has made a rapid growth over the years and blossomed into a mighty institution with a strong national presence and sizable international operations. In business volume, the Bank occupies a premier position among the nationalized banks. In this blog, we will know everything related to BOI credit officer recruitment 2022.

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BOI Credit Officer Exam - Notification

Bank of India (BOI) has announced 696 vacancies for Credit Officers and other posts in various scales up to Scale IV through the official notification on 20th April 2022. According to the notice, 594 vacancies will be filled on regular basis and 102 on a contract basis. The detailed advertisement including the complete details about the BOI Recruitment 2022 is available on the official website @https://www.bankofindia.co.in/career on 20th April 2022. The online application for BOI Credit officer post will be started by BOI on 26 April 2022. The last date for filling the application is 10 May 2022.

Check the official notification here

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BOI Credit Officer Recruitment | Overview

Bank of India Recruitment process 2022 has been started for filling 696 Credit officers & other vacancies in various scales up to Scale-IV. The vacancies have been released on both a regular and contract basis. Check here the overview of the BOI Credit officer exam 2022.

Conducting BodyBank of India (BOI)
PostOfficers posts on various scales
No of Vacancy696
Application ModeOnline
Online Registration start date26th April
Online Registration end date10th May 2022
Exam DateTo be notified
Job CategoryBank Jobs
Job LocationIndia
Official Websitewww.bankofindia.co.in

BOI Credit officer exam 2022: Important Dates

Check here the important dates related to BOI Credit Officer exam 2022.

Commencement of online registration of application26/04/2022
Closure of registration of application10/05/2022
Closure for editing application details10/05/2022
Last date for printing your application25/05/2022
Online Fee Payment26/04/2022 to 10/05/2022

BOI Credit officer Selection-Process 2022:

Online Exam Pattern

The structure of the online examination will be as under:

Name of TestsMaximum MarksDuration
English Language50

Composite Time of 150 Minutes

 

 

Professional Knowledge100
General Awareness with special reference to Banking Industry25

Interview  

Those who will qualify in the written exam will be called for Interview Round. The Bank may conduct the selection process only on the basis of Interview/GD without holding an online test. Accordingly, if the online examination is not conducted, an adequate number of candidates as decided by the Bank will be shortlisted for the interview based on their qualifications, experience, and overall suitability for the post.

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BOI Credit Officer Exam Pattern 2022

Candidates will go through online tests and/or GD and/or personal interviews, depending on the number of applicants/eligible candidates.

Online Exam Pattern

The structure of the online examination will be as under:

Name of TestsMaximum MarksDuration
English Language50

Composite Time of 150 Minutes

 

 

Professional Knowledge100
General Awareness with special reference to Banking Industry25

Important Points:

  • The tests except for the Test of English Language will be available bilingually, i.e. English and Hindi.
  • The test for the English Language will be of qualifying nature.
  • There will be a penalty for wrong answers marked in the Objective Tests.

Interview Pattern

  • Candidates who will clear the online examination will be called for an interview.
  • The total marks allotted for Interviews 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.

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BOI Credit Officer Eligibility Criteria

Educational Qualification

DesignationEducational Qualification
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
Tech Appraisal (MMGS-II)Graduate or PG in Formation Technology/Computer Science/ Computer Application/Electronics and Communication/Electronics
IT Officer – Data CentreFirst Division (minimum 60% marks) in BE/B.Tech in CSE/ IT/ E&C Or First Division (minimum 60% marks) in MCA/M.Sc(IT) from recognized University/ Institute.

Bank of India Recruitment 2022: Age Limit

Candidates can check the age limit for the Bank of India Recruitment 2022:

PostsAge Limit
Economist (On Regular Basis)28 -35 Years
Statistician (On Regular Basis)28 – 35 Years
Risk Manager (On Regular Basis)28 – 35 Years
Credit Analyst (On Regular Basis)30 – 38 Years
Credit Officers (On Regular Basis)20 – 30 Years
Technical (Appraisal) (On Regular Basis)25 – 35 Years
IT Officer- Data Centre (On Regular Basis)20 – 30 Years

BOI Credit Officer Application Process

The online registration process for BOI Recruitment 2022 has been started on 26th April 2022 and will be active till 10th May 2022. The link to apply for Bank of India Recruitment 2022 is available on the official website at www.bankofindia.co.in and the direct link has been provided below for your reference.

Click Here to apply online for BOI Credit Officer

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Prerequisites for Applying Online

Before applying online, candidates should,

  • Keep a scanned copy of the photograph and signature ready.
  • Keep the necessary details/documents ready to make online payment of the requisite application fee/ intimation charges.
  • Must have a valid personal Email ID. This should be maintained till the completion of the recruitment process.

Application Fees/ Intimation Charges

CategoryApplication Fee
SC/ST/PWDRs. 175/- (Intimation Charges Only)
General & OthersRs. 850/- (Application Fee + Intimation Charges)

How to apply online for BOI Credit Officer?

  • 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 up to Scale-IV- Project No. 2021-22/3 Notice dated 20.04.2022"
  • Option "APPLY ONLINE" 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'.

BOI Credit Officer Syllabus

You can check the syllabus of the BOI Credit officer exam 2022 here:

SectionTopics
English LanguageArticles, Adverbs, Verb Agreement, Idioms and Phrases, Tenses, Error Corrections, Vocabulary, Comprehensions, Grammar, Sentence Arrangements, Fill in the blanks, Synonyms, Unseen Passages, Error Correction
General Awareness with special reference to Banking IndustryBanking & Financial Awareness, Monetary Policies, Economic Terms, Current Affairs, Static GK, Financial & Economic News, Government Schemes, Agreement & Deals, Banking terms, rates, processes
Financial ManagementAccounting Concepts: Marginal Costing, Social Accounting, Absolute Costing, Cost Volume Profit Analysis, Activity-based Costing, Inventory valuation, Cost Sheet and work, Target Costing, Transfer pricing, Overview of Cost Accounting Guidelines of SEBI
Corporate Accounting: Insurance of shares, Divisible Profits and Bonus Issues, Dividend Distribution, Final Accounts factories Act, Underwriting, Valuation of Goodwill and shares, Capital, Issues, Forfeiture, and Reissues of shares, Accounting for Amalgamation companies, Issues and Redemption of Debentures, Acquisition of Business and profits before Incorporation
Business Law: Provident Fund, Industrial Dispute Act, Labor Law, Process Costing, Negotiable Instruments, Gratuity Act, Redemption of preference shares, Partnership act, Contract act, Marginal Cost and Cost Volume Profit
Management Accounting: Ratio Analysis, Cash Flow Statement, Budgeting and Budgetary Control, Capital Market, Sources of Finance, Capital Structure, Company Law Analysis, Standard Costing and various Analysis, Capital Budgeting
Capital Structure: Cost of capital, Funds flow statement, Sources of Finance, Job and Batch Costing, The material, Labor cost, and Overhead cost, Financial Statement Analysis, Sources of finance, Process Costing, Contract Costing, Budgeting and Budgetary Control
Economics: Micro and Macro Economics concepts, Updates related to money market and RBI Policies, Money Market
Basic Accounting: Principle and concepts of Accounting, How the RBI, IRDA, and SEBI works – Functioning

BOI Credit Officer Exam 2022 Vacancies:

Bank of India (BOI) has announced 696 vacancies for Credit Officers and other posts. This recruitment is based on a regular and contractual basis. Let's have a look at the vacancy details for the Bank of India vacancies 2022:

BOI Vacancies 2022: Regular basis

Bank of India Vacancy 2022- Regular Basis
Economist02
Statistician02
Risk Manager02
Credit Analyst53
Credit Officers484
Tech Appraisal09
IT Officer – Data Centre42
Total594

Bank of India Vacancies: Contract Basis

Bank of India Vacancy 2022- Contract Basis
Manager IT21
Sr Manager IT23
Manager IT (Data Centre)06
Sr Manager IT (Data Centre)06
Sr Manager IT(Network Security)05
Senior Manager (Network Routing & Switching Specialists)10
Manager (End Point Security)03
Manager (Data Centre) – System Administrator Solaris/Unix06
Manager (End Point Security)03
Manager (Data Centre) – System Administrator Windows03
Manager (Data Centre) – Cloud Virtualisation03
Manager (Data Centre) – Storage & Backup Technologies03
Manager (Data Centre – Network Virtualisation on SDN-Cisco ACI)04
Manager (Database Expert)05
Manager (Technology Architect)02
Manager (Application Architect)02
Total102

Conclusion:

BOI Credit officer 2022 is a golden opportunity for students who are willing to join the banking industry. You can check the complete recruitment details about BOI Credit Officer in the blog above. Stay tuned to Oliveboard for all recent updates related to BOI Credit officer exam 2022.

Exam Date

To Be Notified

Total Vacancies

696

FAQs

What is the last date to apply for Bank of India Recruitment 2022?

The last date to apply online for BOI Recruitment 2022 is 10th May 2022.

When will the BOI Credit Officer exam take place? +

The official dates for the BOI Credit officer exam have not been announced yet.

How many vacancies have been released by BOI recently? +

A total of 696 vacancies have been announced by BOI.

What is the application fee for BOI Credit officer exam application form? +

A total of Rs. 850 will be charged as the application fee for BOI Credit Officer (General category).

How many selection stages are there in BOI credit Officer exam 2022? +

There are two stages of selection in BOI credit officer exam 2022, i.e. Online Examination and Interview.

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