Overview
Bank of India (BOI), one of India's prominent public sector banks, has announced a large-scale recruitment drive for Credit Officer / Credit Professional positions in 2026. A total of 779 vacancies have been notified across three management scales — MMGS-II, MMGS-III, and SMGS-IV — making this one of the significant lateral hiring opportunities in the PSU banking space this year. The drive targets experienced professionals with a strong background in credit appraisal, loan underwriting, and banking finance operations. Online applications open on 30 June 2026.
Important Dates
| Event | Date |
|---|---|
| Online Application Start Date | 30 June 2026 |
| Last Date to Apply Online | 30 July 2026 |
| Exam Date | To be announced |
Vacancy Details
| Post Name | Scale | Age Limit |
|---|---|---|
| Credit Officer | MMGS-II | 25 – 35 Years |
| Credit Officer | MMGS-III | 28 – 38 Years |
| Senior Credit Officer | SMGS-IV | 30 – 40 Years |
The total number of vacancies across all three scales is 779. These roles span credit-related functions including loan processing, credit appraisal, portfolio monitoring, and related banking operations across BOI's pan-India network.
Eligibility Criteria
Educational Qualification
- MMGS-II & MMGS-III: A graduate degree in any discipline from a recognised university with a minimum of 60% marks (55% for SC/ST/OBC/PwBD candidates). Candidates holding CA, CFA, or CMA-ICWA qualifications, or an MBA/PGDBM/2-year postgraduate degree in Banking, Finance, or a credit-related discipline are also eligible.
- SMGS-IV: Graduation (min. 60%; 55% for reserved categories) along with an MBA/PGDBM or a 2-year full-time Master's degree in any discipline, or professional qualifications such as CA/CFA/CMA-ICWA from a recognised institution.
Age Limit
- Credit Officer (MMGS-II): 25 to 35 years
- Credit Officer (MMGS-III): 28 to 38 years
- Senior Credit Officer (SMGS-IV): 30 to 40 years
Age relaxation is applicable for reserved category candidates in accordance with Government of India guidelines.
Application Fee
| Category | Fee |
|---|---|
| General / OBC / EWS | ₹850 (Application Fee + Intimation Charges) |
| SC / ST / PwBD | ₹175 (Intimation Charges only) |
Pay Scale
| Scale | Pay Scale |
|---|---|
| MMGS-II | ₹64,820 – ₹93,960 |
| MMGS-III | ₹85,920 – ₹1,05,280 |
| SMGS-IV | ₹1,02,300 – ₹1,20,940 |
In addition to the basic pay, selected candidates will be entitled to allowances and perquisites as applicable under the IBA-revised wage settlement for public sector bank officers.
Selection Process
While the official detailed notification is awaited, BOI's lateral recruitment drives for credit professionals typically follow a structured process:
- Online Written Test / Shortlisting: Candidates may be assessed through a written examination or shortlisted on the basis of their academic credentials and professional experience.
- Personal Interview: Shortlisted applicants will be called for a structured interview assessing their domain knowledge in credit and banking.
- Document Verification & Medical Examination: Final selection will be subject to satisfactory document verification and a pre-joining medical check.
How to Apply
- Visit the official Bank of India website at bankofindia.bank.in.
- Navigate to the Careers / Recruitment Notices section on the homepage.
- Locate and click on the Credit Officer Recruitment 2026 notification link.
- Complete the registration process using a valid email address and active mobile number.
- Fill in the online application form with accurate personal, educational, and professional details.
- Upload scanned copies of all required documents (photograph, signature, certificates) as per the specified format and size.
- Pay the applicable application fee through the available online payment gateway.
- Submit the form and save a printout of the confirmation page for future reference.