Credit Officer (GBO Stream) — MMGS-II, MMGS-III & SMGS-IV

Bank of India Credit Officer Recruitment 2026 — Overview

Bank of India (BOI) is a large public-sector bank owned by the Government of India. It has released a recruitment notice (Project No. 2026-27/01, dated 01 June 2026) to hire 779 Credit Officers in the GBO (General Banking Officer) stream. A Credit Officer studies loan applications, checks the financial health of borrowers, and helps the bank lend money safely. This is a regular, permanent officer job.

Candidates apply online only. The online form opened on 30 June 2026 and closes on 20 July 2026. Read the full official notification carefully before you apply, because the eligibility (age, marks and experience) is different for each scale.

Vacancy Details (Scale-wise)

The 779 posts are spread across three officer scales. A higher scale means a more senior role, a higher pay and a higher minimum age and experience. The category-wise split from the official notice is given below.

MMGS means Middle Management Grade Scale and SMGS means Senior Management Grade Scale. Some of these posts are backlog vacancies carried forward from the earlier 2025-26 recruitment drive.

Pay Scale and Salary

Below is the official monthly basic pay for each scale, exactly as stated in the notice. Your total salary will be higher than the basic pay because dearness allowance (DA), house rent allowance (HRA) and other benefits are added on top. We do not show an estimated in-hand figure — check the official notice for the exact allowances.

Eligibility — Education and Experience

You must have a bachelor's degree (graduation) in any stream with at least 60% marks (55% for SC/ST/OBC/PwBD candidates) from a recognised university. On top of the degree, you also need a professional qualification such as CA (Chartered Accountant), CFA (Chartered Financial Analyst), CMA/ICWA (Cost and Management Accountant), or a full-time MBA/PGDBM or a 2-year post-graduate degree in Banking, Finance, or a credit-related subject.

Work experience in credit or lending is compulsory and the minimum years increase with the scale (a few years for MMGS-II, and more for MMGS-III and SMGS-IV). The exact experience rules for each scale are given in the official notification, so read that section carefully before applying.

Age Limit (as on 01 June 2026)

The age limit is different for each scale. Age relaxation is given as per government rules — 5 years for SC/ST, 3 years for OBC, 10 years for Persons with Benchmark Disability (PwBD) and 5 years for Ex-Servicemen.

Selection Process

Selection is done through an online written examination, followed by a personal interview. When both stages are held, the marks are combined with a 70:30 weightage (70% for the online exam and 30% for the interview). Final selection is subject to document verification and a medical check. The bank may decide to hold only the exam, or only the interview, based on the number of applicants.

Exam Pattern

The online exam has 125 questions for 125 marks and the time given is 120 minutes (2 hours). There is a penalty for wrong answers — 0.25 mark is cut for each wrong answer (negative marking). The structure is shown below.

The English section is only qualifying — you must pass it, but its marks are not added to your merit score. The Professional Knowledge section decides your rank.

How to Apply

Applications are accepted online only. Follow these simple steps:

1. Open the "Apply Online" link from the Important Links section above (it opens the official IBPS registration portal used by Bank of India).
2. Click "New Registration" and enter your name, mobile number and email ID to get your registration number and password.
3. Fill in your personal, education and experience details, and pick the scale (MMGS-II / III / SMGS-IV) you are eligible for.
4. Upload your photograph, signature, left thumb impression and a handwritten declaration in the sizes given in the notice.
5. Pay the application fee online using a debit card, credit card, net banking or UPI.
6. Submit the form and save/print the final confirmation page for your records.

Apply well before the last date (20 July 2026) so a slow server on the final day does not stop you.

How to Download the Notification and Admit Card

You can download the full official notification PDF straight from the links above on this page — it is our fast copy of the document hosted on the Bank of India server, so you do not have to wait for a slow website. The admit card (call letter) for the online exam will be released later; when it is out, use the "Download Call Letter" link above and log in with your registration number and password. Always cross-check the official notice for the final word, as we are not a government body.