BOI Credit Officer Recruitment 2026: Apply Online for 779 Posts
📅 Posted: 01/06/2026 📝 Updated: 01/07/2026
Total Vacancy779
SalaryMMGS-II: ₹64,820-93,960 | MMGS-III: ₹85,920-1,05,280 | SMGS-IV: ₹1,02,300-1,20,940 [Approx. ₹95,000 to ₹1,75,000/Month with allowances, scale-wise]
LocationAll India
Last Date20/07/2026
Short Information: Bank of India has opened applications for 779 Credit Officer posts under its GBO stream, spread across three officer scales: MMGS-II, MMGS-III, and SMGS-IV. This includes 475 carried-forward vacancies from the previous 2025-26/01 recruitment cycle, so competition is real but the sheer volume of openings gives candidates a solid shot. The pay starts at ₹64,820 in MMGS-II and goes up to ₹1,02,300 in SMGS-IV, both scales carrying regular DA, HRA, and other officer-grade allowances on top. This is not an entry-level hire — MMGS-II needs minimum 3 years of post-qualification officer experience with at least 2 years in MSME/Commercial/Project Finance credit, while MMGS-III and SMGS-IV need 5 years and 7 years respectively. A graduation degree with 60% marks (55% for SC/ST/OBC/PWBD) or a CA/CMA/CS/CFA qualification is the baseline requirement. Applications open on 30 June 2026 and close on 20 July 2026, with age and qualification counted as on 01 June 2026. Selection runs through an online test covering English Language (qualifying only) and Professional Knowledge, followed by an interview weighted 70:30 in favour of the written exam. Reserved category candidates get standard age relaxations, and PwBD candidates get scribe and compensatory time provisions. Selected officers also serve a 3-year bond with a refundable security deposit ranging from ₹2 lakh to ₹3 lakh depending on scale, so it's worth reading the full notice before committing.
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BOI Credit Officer Online Form 2026 2026Important Dates
| Notification Released | 01/06/2026 |
| Application Begin | 30/06/2026 |
| Last Date to Apply Online | 20/07/2026 |
| Relevant Date for Age/Qualification | 01/06/2026 |
| Exam Date | To be notified |
BOI Credit Officer Online Form 2026 2026Application Fee
| SC / ST / PWD | ₹175 |
| General & Others | ₹850 |
Payment: Online (Debit/Credit Card, Net Banking, UPI, Mobile Wallets)
BOI Credit Officer Recruitment 2026: Apply Online for 779 PostsVacancy Details & Age Limit
Age Limit: 25-45 Years (Scale-wise: MMGS-II 25-32, MMGS-III 28-38, SMGS-IV 32-45, as on 01/06/2026)
(SC/ST: 5 Years, OBC (Non-Creamy Layer): 3 Years, Persons with Benchmark Disabilities: 10 Years, Ex-Servicemen: 5 Years, 1984 Riot Affected Persons: 5 Years)
| Post Name | Total Post | Eligibility |
|---|---|---|
| Credit Officer (MMGS-II) | 677 | Graduate (60%/55% for SC/ST/OBC/PWBD) or CA/CMA/CS/CFA with min. 3 yrs post-qualification officer experience, incl. 2 yrs in MSME/Commercial/Project Finance Credit. |
| Credit Officer (MMGS-III) | 61 | Graduate (60%/55% for SC/ST/OBC/PWBD) or CA/CMA/CS/CFA with min. 5 yrs post-qualification officer experience, incl. 3 yrs in MSME/Commercial/Project Finance Credit. |
| Credit Officer (MMGS-IV) | 41 | Graduate (60%/55% for SC/ST/OBC/PWBD) or CA/CMA/CS/CFA with min. 7 yrs post-qualification officer experience, incl. 4 yrs in MSME/Commercial/Project Finance Credit. |
| Total Vacancy | 779 |
Recruitment Table: Scale Wise Category Distribution
| Scale | SC | ST | OBC | EWS | GEN | Total |
|---|---|---|---|---|---|---|
| MMGS-II | 102 | 52 | 180 | 69 | 274 | 677 |
| MMGS-III | 10 | 5 | 16 | 8 | 22 | 61 |
| MMGS-IV | 6 | 2 | 9 | 3 | 21 | 41 |
| Total | 118 | 59 | 205 | 80 | 317 | 779 |
| Note:Total 779 vacancies include 475 unfilled vacancies from the previous Project 2025-26/01 dated 01.11.2025. | ||||||
Recruitment Table: Horizontal Reservation (Out of Total Vacancies)
| Category | Vacancy |
|---|---|
| Hearing Impaired (HI) | 8 |
| Visually Impaired (VI) | 8 |
| Orthopedically Challenged (OC) | 8 |
| Intellectual Disability (ID) | 7 |
| Note:These are horizontal/out-of-total figures for the respective categories and are not additive to the main total. | |
BOI Credit Officer Online Form 2026Eligibility Criteria
- Candidate must be a Citizen of India, or a subject of Nepal/Bhutan, or a Tibetan refugee who arrived before 01/01/1962, or a person of Indian origin migrated from specified countries with an eligibility certificate.
- Graduation degree in any discipline with 60% marks (55% for SC/ST/OBC/PWBD) from a recognized University/Institute, OR CA/CMA-ICWA/CS/CFA qualification.
- MMGS-II: Minimum 3 years post-qualification experience as an officer, including 2 years in processing MSME/Commercial/Project Finance/Mid & Large Credit in Scheduled Commercial Banks/FIs/NBFCs.
- MMGS-III: Minimum 5 years post-qualification experience as an officer, including 3 years in the above credit processing areas.
- SMGS-IV: Minimum 7 years post-qualification experience as an officer, including 4 years in the above credit processing areas.
- Preferred additional qualification: 2-year PG in Commerce/Banking/Finance/Management, MBA/PGDBM/CA/CFA/CMA-ICWA, or a Certified Credit Professional course from IIBF/Moody's/equivalent (for MMGS-II).
- Candidates who previously held a similar post in Bank of India are not eligible to apply.
- Age as on 01/06/2026: MMGS-II 25-32 years, MMGS-III 28-38 years, SMGS-IV 32-45 years, subject to category-wise relaxation.
- Candidates can apply for only one post; multiple applications will result in forfeiture of fees for extra registrations.
BOI Credit Officer Online Form 2026Pay Scale / Salary Structure
| Post Name | Salary Level |
|---|---|
| Credit Officer (MMGS-II) | ₹64,820 - 93,960 |
| Credit Officer (MMGS-III) | ₹85,920 - 1,05,280 |
| Credit Officer (MMGS-IV) | ₹1,02,300 - 1,20,940 |
BOI Credit Officer Online Form 2026Selection Process Steps
- Shortlisting based on eligibility documents uploaded at registration
- Online Examination (English Language - Qualifying, Professional Knowledge - Merit)
- Personal Interview
- Final Merit List (70:30 weightage of Online Exam and Interview, if online exam is conducted)
BOI Credit Officer Online Form 2026Detailed Exam Pattern
Recruitment Details: Exam Overview
- Mode: Online (Objective Type), bilingual (English & Hindi) except English Language test.
- Negative Marking: 1/4th marks deducted for each wrong answer.
- Total Duration: 120 Minutes (Composite Time).
- English Language paper is qualifying in nature and not counted towards merit.
Recruitment Table: Online Examination Pattern
| Test Name | Questions | Marks |
|---|---|---|
| English Language (Qualifying) | 25 | 25 |
| Professional Knowledge | 100 | 100 |
| Total | 125 | 125 |
Recruitment Table: Post Wise Educational Qualification & Experience
| Post | Qualification | Preferred Certification | Work Experience |
|---|---|---|---|
| Credit Officer (MMGS-II) | Graduate (60%/55% for SC/ST/OBC/PWBD) or CA/CMA-ICWA/CS/CFA | PG in Commerce/Banking/Finance/Management (2 yrs) or MBA/PGDBM/CA/CFA/CMA or Certified Credit Professional (IIBF/Moody's) | Min. 3 yrs as officer, incl. 2 yrs in MSME/Commercial/Project Finance Credit |
| Credit Officer (MMGS-III) | Graduate (60%/55% for SC/ST/OBC/PWBD) or CA/CMA-ICWA/CS/CFA | N/A | Min. 5 yrs as officer, incl. 3 yrs in MSME/Commercial/Project Finance Credit |
| Credit Officer (MMGS-IV) | Graduate (60%/55% for SC/ST/OBC/PWBD) or CA/CMA-ICWA/CS/CFA | N/A | Min. 7 yrs as officer, incl. 4 yrs in MSME/Commercial/Project Finance Credit |
Recruitment Table: Examination Centers
| Region | Cities |
|---|---|
| North | Delhi/NCR, Jaipur, Jammu, Dehradun, Mohali, Shimla |
| West | Mumbai/Thane/Navi Mumbai/MMR, Ahmedabad/Gandhinagar, Indore, Bhopal, Ujjain, Panaji, Raipur, Bilaspur |
| South | Bengaluru, Hubballi/Dharwad, Chennai, Coimbatore, Hyderabad, Vijayawada/Guntur, Visakhapatnam, Thiruvananthapuram, Ernakulam |
| East & North-East | Kolkata, Bhubaneswar, Patna, Ranchi, Guwahati |
| Central UP | Lucknow, Agra, Kanpur |
BOI Credit Officer Online Form 2026Subject-wise Syllabus Topics
Professional Knowledge covers core credit and general banking concepts; standard officer-level General/English/Reasoning topics apply for the English Language qualifying paper.
📚 English Language
- Grammar
- Vocabulary
- Comprehension
- Error Detection
📚 Professional Knowledge
- Credit Appraisal
- MSME & Commercial Credit
- Project Finance
- NPA Management
- Banking Regulations
- Financial Statement Analysis
- General Banking Awareness
BOI Credit Officer Online Form 2026How to Apply
- Visit the official website www.bankofindia.bank.in and click on 'CAREER'.
- Click the link for 'Recruitment of Credit Officers in GBO Stream Project No. 2026-27/01'.
- Click 'APPLY ONLINE' and complete New Registration with name, contact details, and email.
- Fill the application form, upload photograph, signature, left thumb impression, and handwritten declaration as per specifications.
- Preview and verify all details before clicking 'COMPLETE REGISTRATION'.
- Pay the application fee online and take a printout of the system-generated application form and e-Receipt.
Recruitment Note: About Bank of India
Bank of India, headquartered in Mumbai, is a leading Public Sector Bank with a wide domestic and international presence. It offers a full range of retail, corporate, and credit banking services and is a major recruiter of officers across General Banking and Specialist streams.
Recruitment Note: Job Profile — Credit Officer
Credit Officers handle credit appraisal, loan processing, risk assessment, and monitoring of MSME, Commercial, and Project Finance advances. The role involves branch and regional postings anywhere in India, with career progression into higher scales as per the Bank's promotion policy.
Recruitment Note: Benefits & Perks Beyond Salary
Selected officers receive DA, HRA, medical coverage, provident fund, gratuity, pension (NPS), leave travel concession, and other officer-grade allowances, along with defined promotion avenues into higher management scales.
Recruitment Note: Security Deposit & Service Bond
Selected candidates deposit a refundable security amount — ₹2,00,000 for MMGS-II and ₹3,00,000 for MMGS-III/SMGS-IV — refundable after 3 years of satisfactory service; forfeited on early exit.
BOI Credit Officer Online Form 2026Important Official Links
| Apply Online Application Window: 30/06/2026 to 20/07/2026 | Click Here ↗ |
| Download Notification Project No. 2026-27/01 | Click Here ↗ |
| Download Annexure-I (Eligibility) Project No. 2026-27/01 | Click Here ↗ |
| Official Document | Click Here ↗ |
| Official Website | Click Here ↗ |
Disclaimer Information provided here is for quick reference. Verify all details on the official website before taking action.
Quick Overview
🚀 Recruitment Overview
Quick Summary of the Notification
| Organization |  BOI |
|---|---|
| Post Name | Credit Officer (GBO Stream) |
| Total Vacancy | 779 |
| Salary | MMGS-II: ₹64,820-93,960 | MMGS-III: ₹85,920-1,05,280 | SMGS-IV: ₹1,02,300-1,20,940 [Approx. ₹95,000 to ₹1,75,000/Month with allowances, scale-wise] |
| Job Location | All India |
| Apply Mode | Online |
| Last Date | 20/07/2026 |
| Official Website | Visit Website ↗ |
💡 Expert Tip
Your work experience has to match exactly what's asked — it's not just '3 years as an officer', it's 3 years post-qualification with a specific chunk (2 years for MMGS-II, 3 for MMGS-III, 4 for SMGS-IV) actually spent processing MSME, Commercial, Project Finance, or Mid & Large Credit in a Scheduled Commercial Bank, Financial Institution, or NBFC. Generic banking experience outside credit processing won't count, so map your experience letters carefully before applying. Also, the wrong-answer penalty is exactly 1/4th of that question's marks on the 100-mark Professional Knowledge paper, so avoid blind guessing. Since candidates who previously held a similar GBO post in Bank of India are barred from reapplying, double-check your own employment history before paying the fee — it's non-refundable even if your application is later rejected on this ground.
Common Questions (FAQs)
Q.1 What is the in-hand salary for Credit Officer? ▼
Ans: The MMGS-II scale carries a basic pay of ₹64,820. After adding DA, HRA, and other allowances, the starting in-hand salary is approximately ₹95,000 to ₹1,05,000 per month, with higher scales (MMGS-III, SMGS-IV) drawing correspondingly more.
Q.2 What is the last date to apply online for BOI Credit Officer Recruitment 2026? ▼
Ans: The online application window opens on 30 June 2026 and closes on 20 July 2026. Candidates are advised to apply well before the deadline to avoid last-minute website load issues.
Q.3 Is there any negative marking in the exam? ▼
Ans: Yes. For every wrong answer marked in the online objective test, one-fourth of the marks assigned to that question is deducted as penalty. No marks are deducted for questions left unanswered.
Q.4 What is the age limit for Credit Officer, GBO Stream? ▼
Ans: Age limits vary by scale as on 01/06/2026: MMGS-II requires 25-32 years, MMGS-III requires 28-38 years, and SMGS-IV requires 32-45 years. Standard relaxations apply for SC/ST (5 years), OBC (3 years), and PwBD (10 years) candidates.
Q.5 How to download the Bank of India Credit Officer Notification PDF? ▼
Ans: Visit www.bankofindia.bank.in, go to the 'CAREER' section, and click the link for Recruitment of Credit Officers in GBO Stream, Project No. 2026-27/01 dated 01.06.2026, to download the full notice and Annexure-I.
Q.6 What is the educational qualification required for Credit Officer? ▼
Ans: Candidates need a graduation degree in any discipline with 60% marks (55% for SC/ST/OBC/PWBD), or CA/CMA-ICWA/CS/CFA. Along with this, they need scale-wise post-qualification officer experience in MSME, Commercial, or Project Finance credit ranging from 3 to 7 years.
Q.7 What is the selection process for Credit Officer? ▼
Ans: Selection involves an online examination (English Language - qualifying, Professional Knowledge - for merit) followed by a personal interview. If an online test is conducted, the final merit list uses a 70:30 weightage between the exam and interview scores.
Q.8 Is Credit Officer a permanent government job at Bank of India? ▼
Ans: Yes, Credit Officer under the GBO stream is a regular, permanent officer-cadre position in Bank of India, subject to a 3-year service bond and a refundable security deposit ranging from ₹2 lakh to ₹3 lakh depending on the scale.
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