779 Vacancies, One Bank: Inside Bank of India’s Credit Officer Recruitment 2026

Bank of India has thrown open a large recruitment drive for experienced bankers. The Credit Officer Recruitment 2026 notification, issued under Project No. 2026-27/01, seeks candidates for 779 posts in the General Banking Officer (GBO) Stream.

The post-wise split runs 677 vacancies at MMGS-II, 61 at MMGS-III, and 41 at SMGS-IV — with 475 of the total carried forward as unfilled seats from the bank’s previous drive dated 1 November 2025, making this one of BOI’s biggest Credit Officer hiring rounds recently.

There’s a clear catch for job seekers without banking experience: this recruitment excludes freshers entirely. Applicants need a graduation degree with at least 60% marks (55% for SC/ST/OBC/PwBD) or a professional qualification like CA, CMA-ICWA, CS or CFA, plus 3 to 8 years of credit, lending or risk-assessment experience at a Scheduled Commercial Bank depending on the scale.

The application window runs from 30 June 2026 to 20 July 2026, online only via bankofindia.co.in. Age eligibility differs by scale — 25-32 years for MMGS-II, 28-38 for MMGS-III, and 32-45 for SMGS-IV as on 1 June 2026 — with relaxation available for reserved categories. The fee stands at ₹850 for General/EWS/OBC applicants and ₹175 for SC/ST/PwBD applicants.

BOI will select candidates through an online examination and/or a personal interview, weighted 70:30 if both are conducted. This year’s exam has been revised to just two sections — English Language (qualifying) and Professional Knowledge (merit-based) — for 125 marks across 120 minutes, with negative marking of 0.25 per wrong answer.

Basic pay spans approximately ₹64,820 to ₹1,20,940 depending on grade, with DA, HRA and other perks on top — though selected officers must also put down a refundable security deposit, ₹2,00,000 for MMGS-II and ₹3,00,000 for MMGS-III/SMGS-IV, returned after three years of satisfactory service.