Bank of India was founded on 7th September, 1906 by a group of eminent businessmen from Mumbai. The Bank was under private ownership and control till July 1969 when it was nationalised along with 13 other banks.
Beginning with one office in Mumbai, with a paid-up capital of Rs.50 lakh and 50 employees, the Bank has made a rapid growth over the years and blossomed into a mighty institution with a strong national presence and sizable international operations. In business volume, the Bank occupies a premier position among the nationalised banks.
The Bank has over 5000 branches in India spread over all states/ union territories including specialized branches. These branches are controlled through 59 Zonal Offices and 10 NBG Offices. There are 45 branches/ offices abroad which includes 23 own branches, 1 representative office and 4 Subsidaries(20 branches) and 1 joint venture.
The Bank came out with its maiden public issue in 1997 and follow on Qualified Institutions Placement in February 2008.
While firmly adhering to a policy of prudence and caution, the Bank has been in the forefront of introducing various innovative services and systems. Business has been conducted with the successful blend of traditional values and ethics and the most modern infrastructure. The Bank has been the first among the nationalised banks to establish a fully computerised branch and ATM facility at the Mahalaxmi Branch at Mumbai way back in 1989. The Bank is also a Founder Member of SWIFT in India. It pioneered the introduction of the Health Code System in 1982, for evaluating/ rating its credit portfolio.
Presently Bank has overseas presence in 18 foreign countries spread over 5 continents – with 45 offices including 4 Subsidiaries, 1 Representative Office and 1 Joint Venture, at key banking and financial centres viz., Tokyo, Singapore, Hong Kong, London, Paris, New York and DIFC Dubai.
VACANCY DETAILS :-
SELECTION PROCEDURE :-
Selection will be through online test and/or GD and/or personal interview, depending on the number of applicants/eligible candidates.
I. ONLINE EXAMINATION :
The structure of online examination will be as under:
1. English Language - 50
2. Professional Knowledge - 100
3. General Awareness with special reference to Banking Industry - 25
Composite Time of 150 Minutes
Bank reserves the right to modify the structure of the examination which will be intimated through its authorised website. Other detailed information regarding the examination will be given in an Information Handout, which will be made available for the candidates to download along with the call letters from the authorised website www.bankofindia.co.in
The above tests except the Test of English Language will be available bilingually, i.e. English and Hindi. The test of English Language will be of qualifying nature i.e. Marks obtained in English Language will not be added while preparing merit List.
Qualifying marks stipulated above are for General/EWS Category candidates. Candidates belonging to the Category SC/ST/OBC/PWD, filling in vacancies reserved for the relevant category, will be entitled to a relaxation of 5% marks in relation to that stipulated for General/EWS category candidates
Penalty for Wrong Answers :
There will be penalty for wrong answers marked in the Objective Tests. For each question for which a wrong answer has been given by the candidate one fourth of the marks assigned to that question will be deducted as penalty to arrive at corrected score. If a question is left blank, i.e. no answer is marked by the candidate; there will be no penalty for that question.
INTERVIEW : -
Merit list of the candidates based on the marks obtained by them in online examination (marks obtained in General Awareness with special reference to Banking Industry and Professional Knowledge paper) will be prepared in descending order for the respective categories i.e. SC/ST/OBC/EWS/GEN. Candidates securing the minimum qualifying marks stipulated for Online Tests and ranking sufficiently high in the order of merit shall be called for Personal interview and/or GD. Mere passing in the Online Test shall not vest any right to a candidate for being called for Personal Interview/GD. In case of equal marks by two or more candidates, the merit order of such group of candidates will be on the basis of Date of Birth i.e. Candidate senior in age will be placed higher in the merit List.
EXAMINATION CENTERS :-
The examination will be conducted online in Ahmedabad, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Dehradun, Delhi, Hyderabad, Jaipur, Jammu, Kolkata, Lucknow, Mumbai, Panaji, Patna, Raipur, Ranchi, Shimla and Thiruvananthapuram.
APPLICATION FEE - 850/-
IMPORTANT DATES :-
1. Submission of on – line application commencing from - 26.04.2022
2. Last date for submission of on – line application - 10.05.2022
3. Relevant date for Age and Qualification - 01.12.2021
4. Tentative Date of Online Examination Will be advised separately
LINK FOR OFFICIAL NOTIFICATION - CLICK HERE
LINK FOR ONLINE APPLICATION - CLICK HERE
LIKE . COMMENT . SHARE. SUBSCRIBE.
