Bank of India has launched a new project having project number – 2022-23 /3 dated- 01.02.2023 for engaging probationary officers in JMGS – I upon passing the Post Graduate Diploma in Banking and Finance.
Intending Indian citizens having at least a graduate degree can register for admission to the examination centre. Bank of India PO recruitment examination notification has been released by the bank and published on its official website on 1st February 2023.
On successful completion of one-year training, the probation officers will be announced successful in Post Graduate Diploma in Banking and Finance and placed on a regular pay scale of ₹ 36000-1490/7-46430-1740/2-49910-1990/7-63840
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Bank of India PO Recruitment 2023 Notification Overview
| Advertisement Number – | Project No. 2022-23/3 |
| Total Vacancies – | 500 |
| Qualification – | Graduate Degree |
| Recruiter – | Bank of India |
| Release Date – | 01.02.2023 |
| Starting Date – | 11.02.2023 |
| Closing Date – | 25.02.2023 |
| Recent Update Date – | 23.06.2023 |
Do you need more information? Click here to read the official notification.
But before proceeding, do read the official recruitment notification link shared below. This would help to gain detailed information about the vacancies in this notification.
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Bank of India PO Recruitment 2023 Vacancy Details
The vacancies tabulated below are inclusive of backlog. The actual requirement of the bank will affect the number of vacancies along with the number of reserve vacancies tabulated below.
| Name of the Post | SC | ST | OBC | EWS | GEN | TOTAL |
| Credit Officer in General Banking stream | 53 | 30 | 97 | 35 | 135 | 350 |
| IT Officer in Specialist stream | 23 | 10 | 41 | 13 | 63 | 150 |
| Total | 76 | 40 | 138 | 48 | 198 | 500 |
Bank of India PO Salary Details
| Name of the Post | Scale | Pay Scale |
| Credit Officer in General Banking stream | JMGS- 1 | ₹ 36000-1490/7-46430-1740/2-49910-1990/7-63840 |
| IT Officer in Specialist stream | JMGS- 1 | 36000-1490/7-46430-1740/2-49910-1990/7-63840 |
Eligibility Criteria for Probationary Officer Post Under Bank of India
Credit Officer – Indian citizens, intending to participate in the selection test must have a graduate degree from a GOI-recognized university.
IT Officer – Indian citizens, intending to participate in the selection test must have a 4 years Engineering/Technology degree from a GOI-recognized university.
The four-year degree must be one of the following –
Computer Science/ Computer Applications/ Information Technology/ Electronics/ Electronics & Telecommunications/ Electronics & Communication/
Electronics & Instrumentation
Age Limit & Relaxation
The upper age limit specified below is applicable to general and economically weaker section categories of candidates.
| Name of the Post | Age Limit on 01.02.2023 |
| Credit Officer in General Banking stream | 20 – 29 years |
| IT Officer in Specialist stream | 20 – 29 years |
A provision of relaxation in upper age to the indicated categories is also structured as follows –
| Category | Relaxation in Upper Age |
| SC/ ST | 05 years |
| OBC (Non-Creamy-Layer) | 03 years |
| PWD | 10 years |
| Ex-Servicemen, Commissioned Officers including Emergency Commissioned Officers (ECOs)/ Short Service Commissioned Officers (SSCOs) who have rendered at least 5 years of military 5 years service and have been released on completion of the assignment. | 05 years |
| Candidates related to victims of 1984 | 05 years |
Application Fee/Intimation Charges
Applicants will have to lose their pocket as the application along with examination fees, despite their category. The bank has divided candidates into two categories, General, EWS, and OBC comes in a category who will have to pay ₹ 850 whereas SC, ST, and PWD belong to another category of candidates who have to pay ₹ 175.
| Category | Fee |
| General/EWS/OBC | ₹ 850/- |
| SC/ST/PwD | ₹ 175/- |
The bank can levy transaction charges for online payment services and the amount will be added to the application /intimation charges. And the system will ask for payment of the sum amount of the transaction charge and application/intimation charge.
Despite acceptance or rejection of any application, the paid amount is non-refundable.
Bank of India PO Online Exam Structure
No information has been included regarding the Bank of India PO Exam Date 2023 with the recruitment notification. It has structured the online examination and included, too, the pattern of examination. The online examination will be conducted under the following structure –
- English Language
- No of Questions – 35
- Maximum marks – 40
- Duration – 40 minutes
- Reasoning and Computer Aptitude
- No of Questions – 45
- Maximum marks – 60
- Duration – 60 minutes
- General/ Economy/ Banking Awareness
- No of Questions – 40
- Maximum marks – 40
- Duration – 35 minutes
- Data Analysis & Interpretation
- No of Questions – 35
- Maximum marks – 60
- Duration – 45 minutes
- English Descriptive paper (Letter Writing & Essay)
- No of Questions – 2
- Maximum marks – 25
- Duration – 30 minutes
Course Fee for Post Graduate Diploma in Banking & Finance (PGDBF)
The bank will induct only those candidates who will successfully complete one year course for Post Graduate Diploma in Banking and Finance (PGDBF). BOI exam date 2023 has not been decided and included in its official notification.
The bank will announce actual date of examination and will be intimated by its official website.
The fee for the above said PGDBF course of one year is ₹ 3,50,000 which can be paid by the selected candidates as per the following schedule –
| Fee Payment Event | Amount |
| On or before the commencement of the Training Program for respective Batch. | ₹ 1,20,000/- Plus GST |
| On or before the commencement of the 2nd trimester for a particular batch of Training Program. | ₹ 1,20,000/- Plus GST |
| On or before the commencement of the 3rd trimester for a particular batch of Training Program. | ₹ 1,20,000/- Plus GST |
Bank of India PO Apply Online Schedule
Bank of India PO Apply Online Schedule has been structured for the online application processing which started on 11th February 2023 and will continue till 25th February 2023. The details have been copied here from its official notification.
| Activity | Date |
| Commencement of online prescribed application submission and payment of fees. | 11.02.2023 |
| Last date for submission of filled application and fee. | 25.02.2023 |
| The crucial date for determining age, qualification, and experience. | 01.02.2023 |
PDF and Links to Bank of India PO Online Apply, PDF Notification, Official Website, and others
We have compiled all resources that complete this notification and links to these resources have been also shared below in a tabular format.
| Link for | Link |
| Result of online examination | Get Result  |
| Admit card download link | Download Admit Card |
| Online examination schedule | Get Schedule |
| Online Application Submission Link | Register & Submit |
| Official Notification | View/Download |
| Official Website | Visit Website |
Bank of India PO Recruitment 2023 Updates
Bank of India PO Recruitment 2023 Exam Dade Announced
The Bank of India has announced the date of examination in reference to the notice dated – 1st February 2023 for engaging suitable candidates to probationary Officers in JMGS – I upon passing Post Graduate Diploma in Banking and Finance. The details can be read here.
Frequently Asked Question
Is there a penalty for wrong answers?
Yes, 1/4th of the marks assigned to that question will be deducted as a penalty.
Is there any course fee that the applicant has to deposit?
Yes, applicants have to deposit PGDBF force of 1-year fee ₹ 350,000 + GST in three installments.