BOI Credit Officer Recruitment 2026: 779 Posts, No Entry for Freshers

Bank of India (BOI) has issued its Credit Officer Recruitment 2026 notification, opening 779 posts under the General Banking Officer (GBO) Stream via Project No. 2026-27/01.

The 779 vacancies span MMGS-II (677 posts), MMGS-III (61) and SMGS-IV (41). A significant chunk — 475 posts — represents unfilled vacancies carried over from BOI’s prior recruitment cycle dated 1 November 2025, making this a substantially large drive.

This recruitment is explicitly for experienced hands, not fresh graduates. Eligible candidates need a graduation degree with 60% marks (55% for SC/ST/OBC/PwBD), or a professional qualification like CA, CMA-ICWA, CS or CFA, combined with 3 to 8 years of credit, lending or risk-assessment experience at a Scheduled Commercial Bank, depending on the scale.

The application window is open from 30 June 2026 to 20 July 2026, online only, via bankofindia.co.in. Age brackets run 25-32 years for MMGS-II, 28-38 for MMGS-III, and 32-45 for SMGS-IV as on 1 June 2026, with relaxation for reserved categories. Application fee: ₹850 for General/EWS/OBC, ₹175 for SC/ST/PwBD.

BOI will select candidates via an online examination and/or personal interview, weighted 70:30 if both stages run. The revised exam pattern covers English Language (qualifying) and Professional Knowledge (merit-based), totalling 125 marks over 120 minutes, with 0.25 marks deducted per wrong answer.

Pay scales range from around ₹64,820 to ₹1,20,940 in basic pay depending on grade, alongside DA, HRA and other benefits — plus a refundable security deposit of ₹2,00,000 for MMGS-II officers and ₹3,00,000 for MMGS-III/SMGS-IV officers, returned after three years of satisfactory service.