Bank of India · Project 2026-27/01
BOI Credit Officers 2026 — Preparation Guide
Complete guide covering 779 vacancies in GBO Stream (MMGS-II, MMGS-III & SMGS-IV), exam pattern, Professional Knowledge syllabus, study plan, and how to prepare — from application to result declaration.
779
Total Vacancies
MMGS-II / III & SMGS-IV
Scales
20 July 2026
Apply By
125 (120 min)
Exam Marks
Applications open 30 June — 20 July 2026
Register at www.bankofindia.bank.in → Career → Recruitment of Credit Officers GBO Stream Project 2026-27/01. Check vacancy listing →
Important Dates
| Event | Date |
|---|---|
| Notification Date | 01 June 2026 |
| Online Application Opens | 30 June 2026 |
| Online Application Closes | 20 July 2026 |
| Fee Payment Window | 30 June – 20 July 2026 |
| Relevant Date for Age & Qualification | 01 June 2026 |
| Online Examination Date | To Be Announced |
| Interview | After Exam Result |
| Final Result | After Interview |
Vacancy Details
*779 total vacancies include 475 carry-forward vacancies from Project 2025-26/01 dated 01.11.2025. Figures are provisional.
| Scale | SC | ST | OBC | EWS | GEN | Total | Age | Basic Pay |
|---|---|---|---|---|---|---|---|---|
| MMGS-II | 102 | 52 | 180 | 69 | 274 | 677 | 25–32 yrs | ₹64,820 – ₹93,960 |
| MMGS-III | 10 | 5 | 16 | 8 | 22 | 61 | 28–38 yrs | ₹85,920 – ₹1,05,280 |
| SMGS-IV | 6 | 2 | 9 | 3 | 21 | 41 | 32–45 yrs | ₹1,02,300 – ₹1,20,940 |
| Total | 118 | 59 | 205 | 80 | 317 | 779 |
PWD reservations: HI-8, VI-8, OC-8, ID-7 (across all scales combined). Age relaxation as per GOI norms.
Application Fee
SC / ST / PWD Candidates
₹175
Intimation charges only (non-refundable)
General / EWS / OBC Candidates
₹850
Application fee + intimation charges (non-refundable)
Security Deposit (on joining)
₹2,00,000
MMGS-II
₹3,00,000
MMGS-III
₹3,00,000
SMGS-IV
Security deposit is refundable after 3 years of satisfactory service. Forfeited if the officer leaves before 3 years.
Exam Pattern
| Section | Questions | Marks | Nature |
|---|---|---|---|
| English Language | 25 | 25 | Qualifying Only |
| Professional Knowledge | 100 | 100 | Merit Marks |
| Total | 125 | 125 | Composite time: 120 minutes |
Negative Marking
1/4 mark deducted for each wrong answer. No penalty for unattempted questions. Avoid guessing randomly — mark only when reasonably confident.
Bilingual Paper
Professional Knowledge section is available in both English and Hindi. English Language section is in English only.
Qualifying marks (English)
Minimum 35% for General/EWS candidates; 30% for SC/ST/OBC/PWD. English marks are NOT added to the merit list.
Qualifying marks (Professional Knowledge)
Minimum 35% for General/EWS; 30% for SC/ST/OBC/PWD. These marks form the merit list for shortlisting to interview.
Interview shortlisting ratio
Candidates scoring minimum qualifying marks in the exam are shortlisted for interview at 1:3 ratio (3 candidates per vacancy). Interview carries 100 marks.
Final selection weightage
Online Exam 70% + Personal Interview 30% = Combined merit. A candidate must qualify both stages independently.
Selection Process — Stage by Stage
Application Registration
Fill online form at bankofindia.bank.in. Upload photo, signature, thumb impression and handwritten declaration. Pay fee online. 30 June – 20 July 2026.
Eligibility Scrutiny
Bank shortlists candidates based on uploaded documents, qualifications, and experience certificates. No second chance to upload documents — ensure all are uploaded at registration.
Online Examination
125 questions in 120 minutes. English (25Q) + Professional Knowledge (100Q). Admit card available on BOI website. No hard copy sent by post.
Merit List & Interview Shortlisting
Merit list prepared on Professional Knowledge marks in descending order per category. Top 3× candidates per vacancy called for interview. In case of tie — senior in age ranked higher.
Personal Interview
100 marks. Minimum 50% for Gen/EWS, 45% for SC/ST/OBC/PWD. Biometric verification (thumb, IRIS). Produce original documents. SC/ST outstation candidates get 2nd class rail/bus fare reimbursement.
Final Merit & Appointment
Combined score (Exam 70% + Interview 30%) determines final merit. Final selection up to advertised vacancies. Medical examination and joining formalities follow.
Professional Knowledge Syllabus
The Professional Knowledge section (100 marks) is the decisive section for Credit Officers. It tests your knowledge of credit operations, banking regulations, and financial analysis.
Credit Appraisal & Project Finance
- ›Working Capital (MPBF method, Tandon Committee)
- ›Term Loan appraisal, DSCR, IRR, NPV
- ›Project viability assessment
- ›Consortium / Multiple Banking Arrangements
- ›Loan against property, machinery
- ›Pre-shipment & post-shipment credit
NPA, Asset Classification & Provisioning
- ›NPA definition (90 days overdue)
- ›Asset classification: Standard, Sub-Standard, Doubtful, Loss
- ›Provisioning norms (RBI Master Circular)
- ›Income Recognition norms
- ›One Time Settlement (OTS) policy
- ›IBC / SARFAESI Act basics
Priority Sector Lending & MSME
- ›PSL targets (40% Adjusted Net Bank Credit)
- ›Agriculture lending — KCC, Crop loans
- ›MSME definition (Investment + Turnover)
- ›MUDRA loans (Shishu, Kishore, Tarun)
- ›Micro-finance & SHG lending
- ›Government credit guarantee schemes (CGTMSE)
Financial Statement Analysis
- ›Ratio Analysis — Current Ratio, Debt-Equity, DSCR, TOL/TNW
- ›Cash Flow vs. Fund Flow statements
- ›Balance Sheet analysis
- ›Credit scoring & internal rating models
- ›Industry analysis & sector benchmarks
- ›Projections and sensitivity analysis
Regulatory & Compliance
- ›Basel III — Capital adequacy (CRAR 11.5%)
- ›KYC / AML / PMLA guidelines
- ›RBI Credit Policy & Monetary Policy basics
- ›Prudential Norms for NBFCs
- ›Foreign Exchange (FEMA) for export/import credit
- ›Ombudsman Scheme for Banking
General Banking (English-Language section)
- ›Reading Comprehension (banking/finance themes)
- ›Error detection & fill-in-the-blanks
- ›Para jumbles with professional context
- ›Sentence correction — grammar rules
- ›Vocabulary — banking terminology
- ›Cloze test passages
8-Week Study Plan
Assuming you start preparation after applying (late June/early July 2026), here is an 8-week plan to cover the syllabus before the exam.
| Period | Focus Area | What to Cover |
|---|---|---|
| Week 1–2 | Concept Foundation | Credit appraisal basics, Working capital (MPBF), Financial statement analysis — P&L, Balance Sheet, Cash Flow. Ratio analysis (liquidity, solvency, profitability). |
| Week 3–4 | Banking Regulations | NPA norms & provisioning, Asset classification, Priority Sector Lending (PSL targets), MSME lending norms, Agricultural credit, RBI Master Circulars. |
| Week 5–6 | Advanced Credit & Risk | Basel III (Pillar 1/2/3), Credit Risk Management, Project Finance appraisal, Consortium lending, Loan Review Mechanism, Stressed Asset resolution. |
| Week 7 | English + Current Banking Affairs | English grammar revision, Reading Comprehension practice, Recent RBI policy changes, Budget 2025-26 banking provisions, IBA updates. |
| Week 8 | Mock Tests & Revision | Attempt 4–5 full-length mock tests. Analyse weak areas. Revise important formulas (DSCR, Current Ratio, TOL/TNW). Focus on speed in Professional Knowledge section. |
How Bankopedia Helps You Prepare
Bankopedia is built for banking exam aspirants — from study materials to free tools that make your application process smoother.
BOI Image Resizer
Resize your photo (200×230px, 20–50 KB), signature (140×60px, 10–20 KB), and thumb impression to exact BOI specs — free, instant, private.
Banking Mock Tests
Practice full-length mock tests with Professional Knowledge questions covering credit, NPA, PSL, and MSME topics.
KYC / AML Study Guide
Comprehensive PMLA and KYC norms guide — critical for the Professional Knowledge section on compliance.
Credit Desk
Learn credit appraisal fundamentals, working capital assessment, and financial ratio analysis — the backbone of the exam.
Mock Tests for BOI Credit Officers — Coming Soon
We are building dedicated mock tests with Professional Knowledge questions covering credit appraisal, NPA norms, PSL, MSME, and financial analysis — the exact topics tested by Bank of India. Register below to get notified when they go live.
View available banking mock tests →Document Upload Specifications
BOI requires candidates to upload four documents at the time of online registration. Use our free Image Resizer to get these right in seconds.
| Document | Dimensions | File Size | Format |
|---|---|---|---|
| Photograph | 200 × 230 px | 20 KB – 50 KB | JPG / JPEG |
| Signature | 140 × 60 px | 10 KB – 20 KB | JPG / JPEG |
| Left Thumb Impression | 240 × 240 px | 20 KB – 50 KB | JPG / JPEG |
| Handwritten Declaration | 800 × 400 px | 50 KB – 100 KB | JPG / JPEG |
Free Image Resizer — Resize in Seconds
Upload your photo or signature and get a BOI-spec compliant file instantly. Runs entirely in your browser — nothing is uploaded to any server.
Handwritten Declaration — Exact Text
Write the following in your own handwriting on plain white paper with black ink. Not in capital letters. English only.
“I, _______ (Name of the candidate), hereby declare that all the information submitted by me in the application form is correct, true and valid. I will present the supporting documents as and when required.”
File size: 50–100 KB · Dimensions: 800×400 px · Format: JPG/JPEG · Scanner DPI: minimum 200 dpi
Exam Centers
No change of centre will be entertained. Bank reserves the right to cancel or add centres. Candidates appear at their own expense.
Get BOI Credit Officers 2026 Updates
Register on Bankopedia to receive admit card alerts, exam date notifications, mock test access, and result updates directly — free.
Career Path After Selection
Specialised GBO Stream
Selected candidates join as Credit Officers in the General Banking Officer (GBO) Stream. Initial posting is in credit-related roles — credit appraisal, loan processing, monitoring, recovery.
Promotion to Higher Scales
Career progression follows Bank of India's extant Promotion Policy. After completing the required service and performance criteria, Credit Officers can participate in promotions along with other GBOs and move to higher scales.
Posting Across India
BOI reserves the right to post/transfer selected officers anywhere in India as per operational requirements. Candidates should be prepared for pan-India postings.
Frequently Asked Questions
How many vacancies are there in BOI Credit Officers 2026?
779 total vacancies — 677 in MMGS-II, 61 in MMGS-III, and 41 in SMGS-IV. This includes 475 unfilled vacancies carried forward from Project 2025-26/01 dated 01.11.2025.
Is there negative marking in the BOI Credit Officers exam?
Yes. 1/4 mark is deducted for each wrong answer. No penalty for unattempted questions. It is advisable to leave questions you are unsure about rather than guessing.
Is the English Language section counted in the merit list?
No. English Language (25 marks) is qualifying only. Marks are not added to the merit list. Only Professional Knowledge (100 marks) forms the basis of merit for interview shortlisting.
What documents should I carry to the exam centre?
Admit Card/Call Letter + photocopy of a valid Photo ID (PAN, Passport, Aadhaar, Voter ID, Driving Licence, Bank Passbook with photo). Original ID + photocopy must be submitted. Ration card and Learner's Driving Licence are not accepted.
Can I change my exam centre after applying?
No. No request for change of examination centre will be entertained once the application is submitted. Bank may also allot a different centre than the one opted for.
What is the minimum qualifying mark in the Professional Knowledge test?
35% for General/EWS candidates. 30% for SC/ST/OBC/PWD candidates filling reserved vacancies. Candidates must qualify both English and Professional Knowledge sections independently to be considered for interview shortlisting.
Will BOI conduct the exam or only an interview?
Bank of India may conduct selection through online exam + interview, or only through interview depending on the number of applicants. If no exam is conducted, shortlisting for interview will be based on qualification, experience, and overall suitability. Watch the official website for updates.
When will the BOI Credit Officers result be declared?
The exam date is yet to be announced. Results for the online exam are typically declared 4–6 weeks after the exam. Interview results follow the interview process. Final selection and appointment letters are sent after medical examination. Register on Bankopedia for updates.
Related Tools & Resources
Bank Exam Image Resizer
Resize photo, signature, and thumb impression for BOI and all bank exams
Banking Mock Tests
Practice tests for bank exams with scoring and analysis
KYC & AML Study Guide
Comprehensive guide on PMLA, KYC norms — exam-relevant compliance topics
Credit Desk
Credit appraisal concepts, ratios, working capital methods
Bank Vacancies 2026
All current bank recruitment notifications in one place
JAIIB Study Materials
Principles & Practices of Banking — useful for credit knowledge base
Disclaimer: This preparation guide is based on the official notification by Bank of India (Project 2026-27/01 dated 01.06.2026). Vacancy numbers, dates, and eligibility criteria are subject to change. Always verify details from the official website at www.bankofindia.bank.in before applying. Eligibility criteria (qualification and experience) are detailed in Annexure-I of the official notification — refer to the official notice for complete details.