Bank of India Credit Officer 2026 Notification: Salary, Eligibility & Complete Apply Online Guide
Good news for banking aspirants! Bank of India (BoI), one of India’s leading public sector banks, has released a notification to recruit Credit Officers in the General Banking Officer (GBO) stream. There are a total of 779 vacancies spread across three officer scales — MMGS-II, MMGS-III and SMGS-IV. If you are a graduate with banking or credit experience and dream of an officer-level career in a nationalised bank, this is a wonderful chance for you. The basic pay goes up to ₹1,20,940 per month plus allowances. This is one of the biggest banking job notifications of the year.
The online application window is open from 30 June 2026 to 20 July 2026. This recruitment is meant for experienced candidates who already work in the banking or financial sector. In this article, we have explained everything in very simple words — vacancy details, eligibility, salary, selection process, fees and important dates. Please read the full article carefully so you do not miss any important point. Keep GovtJobsAlert.in saved as your trusted source for the latest government and banking job updates.
Key Highlights — Bank of India Credit Officer Recruitment 2026
Bank of India is a major nationalised bank with its Head Office in Mumbai. Through this drive (Project No. 2026-27/01, notice dated 01 June 2026), the bank wants to strengthen its credit and lending teams by hiring skilled officers at three different levels. This is a great opportunity for working banking professionals to move into a higher officer post in a trusted public sector bank.
- Post Name: Credit Officer (GBO Stream)
- Officer Scales: MMGS-II, MMGS-III and SMGS-IV
- Total Vacancies: 779 posts
- Salary / Pay: Basic pay ₹64,820 to ₹1,20,940 per month plus allowances
- Job Location: Across India (33 exam centres)
- Last Date to Apply: 20 July 2026
Vacancy Breakdown — Bank of India Credit Officer 2026
The 779 vacancies are divided across three officer scales as shown below. Please note that this total includes 475 unfilled vacancies carried forward from the previous Project 2025-26/01.
| Officer Scale | Vacancies | Age Limit |
|---|---|---|
| Credit Officer MMGS-II | 677 | 25–32 years |
| Credit Officer MMGS-III | 61 | 28–38 years |
| Credit Officer SMGS-IV | 41 | 32–45 years |
The category-wise reservation across all scales is given below for your reference.
| Category | Vacancies |
|---|---|
| General | 317 |
| OBC | 205 |
| SC | 118 |
| EWS | 80 |
| ST | 59 |
Apart from the above, there are horizontal reservations for Persons with Benchmark Disabilities (PwBD) — Hearing 8, Visual 8, Orthopedic 8 and Intellectual Disability 7.
Eligibility Criteria — Bank of India Credit Officer 2026
Before applying, please check the eligibility carefully. The basic eligibility is explained below, but the exact scale-wise requirements are given in the official notification.
Educational Qualification
Candidates must hold a graduation degree with minimum 60% marks (relaxed to 55% for SC, ST, OBC and PwBD candidates) from a recognised university. Along with graduation, you also need relevant post-qualification banking / credit experience in a Scheduled Commercial Bank, Regional Rural Bank (RRB) or financial institution. If you are a graduate looking for government and banking jobs, this notification fits experienced candidates well. The exact scale-wise educational qualification (including any professional qualification such as MBA or PGDBM) and the minimum years of officer / credit experience are specified in Annexure-I of the official notification. Please read Annexure-I (link in Essential Links below) before applying, as the requirement is different for MMGS-II, MMGS-III and SMGS-IV.
Age Limit (as on 01 June 2026)
The minimum and maximum age depends on the officer scale you are applying for.
| Officer Scale | Age Limit |
|---|---|
| MMGS-II | 25 to 32 years |
| MMGS-III | 28 to 38 years |
| SMGS-IV | 32 to 45 years |
Age relaxation is provided as per government rules — SC/ST: 5 years, OBC-NCL: 3 years, PwBD: 10 years, Ex-Servicemen: 5 years and 1984 riot victims: 5 years.
What is the Salary for Bank of India Credit Officer 2026?
The pay for a Credit Officer at Bank of India is attractive and increases with the officer scale. The figures below are the basic pay as stated in the notification; actual in-hand salary is higher after adding allowances.
- MMGS-II: Basic pay ₹64,820 – ₹93,960 per month
- MMGS-III: Basic pay ₹85,920 – ₹1,05,280 per month
- SMGS-IV: Basic pay ₹1,02,300 – ₹1,20,940 per month
Along with the basic pay, officers receive Dearness Allowance (DA), House Rent Allowance (HRA) and other allowances and perquisites, which make the total in-hand salary noticeably higher than the basic pay shown above.
Apart from the salary, a public sector banking job offers strong job security, a good pension scheme, medical benefits and clear promotion opportunities. Please note: selected candidates must pay a refundable security deposit — ₹2,00,000 for MMGS-II and ₹3,00,000 for MMGS-III and SMGS-IV, which is returned after completing 3 years of service.
What is the Selection Process for Bank of India Credit Officer 2026?
The selection is done through an online test and/or a personal interview, followed by document verification and a medical check. Here are the stages explained simply.
Online Test
The online test carries two parts in a composite time of 120 minutes. English Language has 25 marks (this is qualifying only) and Professional Knowledge has 100 marks. There is negative marking of 1/4 for each wrong answer. The minimum qualifying marks per test are 35% for General/EWS and 30% for reserved categories.
Personal Interview
The interview carries 100 marks. The minimum qualifying marks are 50% for General and 45% for reserved categories. Candidates are called for the interview in a ratio of 1:3. If both the online test and interview are held, the final weightage is 70:30 (online test : interview).
Document Verification & Medical
After clearing the above stages, candidates go through document verification and a medical fitness test before final selection. You can also check the latest syllabus and exam pattern updates on GovtJobsAlert.in for your preparation.
How to Apply Online for Bank of India Credit Officer 2026?
Before you start, keep your photo, signature, left thumb impression, a handwritten declaration, and your experience and qualification certificates ready in soft-copy format. Then follow these simple steps.
- Visit the official Bank of India website (link in Essential Links below).
- Go to the ‘Career’ section and open the Credit Officers GBO recruitment notice.
- Click on ‘Apply Online’ and complete the new registration to get your Registration Number and Password.
- Log in and fill in your personal, educational and experience details carefully.
- Upload your photo, signature, thumb impression and handwritten declaration as per the format.
- Pay the application fee online using debit/credit card, net banking, UPI or wallet.
- Submit the form and take a printout of the final application for your records.
Bank of India Credit Officer 2026 Important Dates
Please note down these dates so you do not miss the deadline. Both the start and last dates are inclusive.
| Event | Date |
|---|---|
| Online Application Starts | 30 June 2026 |
| Last Date to Apply & Pay Fee | 20 July 2026 |
| Online Exam Date | To be advised separately |
Bank of India Credit Officer 2026 Application Fees
The application fee depends on your category and must be paid online only. The fee is non-refundable.
| Category | Fee |
|---|---|
| SC / ST / PwBD | ₹175 |
| General / OBC / EWS & all others | ₹850 |
The fee for SC/ST/PwBD is intimation charges only, while the ₹850 fee for all other candidates is inclusive of GST. Payment can be made through debit card, credit card, net banking, UPI or wallet.
Essential Links — Bank of India Credit Officer 2026
- Download Official Notification PDF
- Download Annexure-I
- Apply Online for Bank of India Credit Officer 2026
- Visit Bank of India Official Website
- Join WhatsApp Channel for Government Jobs
- Join Telegram Channel for Government Jobs
If you are an experienced banking professional, do not let this chance go away. Bank of India is offering 779 officer-level posts with a good salary and strong career growth, and the last date to apply is 20 July 2026. Check your eligibility against Annexure-I, prepare your documents, and apply on time. For more such banking and government job notifications, keep visiting GovtJobsAlert.in every day.