Bank of Maharashtra Recruitment 2023: Notification Out 100 Vacancies, Qualification, Selection Process, Salary and How to Apply

Bank of Maharashtra is accepting applications for the posts of Credit Officer Scale II and Credit Officer Scale III. There are a total of 100 vacancies available. The last date for submitting the application form is 06-11-2023.

Bank of Maharashtra Recruitment 2023 for 100 Vacancies

Neha Kumari | Oct 26, 2023 |

Bank of Maharashtra Recruitment 2023: Notification Out 100 Vacancies, Qualification, Selection Process, Salary and How to Apply

Bank of Maharashtra Recruitment 2023: Notification Out 100 Vacancies, Qualification, Selection Process, Salary and How to Apply

Bank of Maharashtra Recruitment 2023: The Bank of Maharashtra is looking for qualified and experienced applicants for the job of Credit Officer Scale II and Credit Officer Scale III. The minimum age requirement for the indicated post is 25 years, while the maximum age requirement is 35 years. The chosen candidate will be hired on a contract basis for 06 months after joining. As stated in the official notification of Bank of Maharashtra Recruitment 2023, the posting place will be Pune or another city selected by the bank’s needs.

Referring to the official notification of Bank of Maharashtra Recruitment 2023, there are a total of 100 opportunities available for the aforementioned positions. Individuals selected for the Credit Officer Scale II and Credit Officer Scale III positions would be provided with a monthly pay of up to Rs.78230. Applicants in the UR/EWS/OBC categories must pay Rs.1000 plus Rs.180 in GST as an application fee, while candidates in the SC/ST/PwBD categories must pay Rs.100 plus Rs.18 in GST. Based on the official notification of Bank of Maharashtra Recruitment 2023, an online exam and an interview will be used to choose candidates. Candidates who pass the online exam will be called in a 1:4 ratio for an interview. Willing and desirous applicants can apply online through the official website of the Bank of Maharashtra on or before the last date. The opening date of the application form is 23-10-2023.

Table of Content
  1. Post Name and Vacancies for Bank of Maharashtra Recruitment 2023:
  2. Age Limitation for Bank of Maharashtra Recruitment 2023:
  3. Qualification for Bank of Maharashtra Recruitment 2023:
  4. Experience of Bank of Maharashtra Recruitment 2023:
  5. Salary for Bank of Maharashtra Recruitment 2023:
  6. Place of Posting for Bank of Maharashtra Recruitment 2023:
  7. Tenure for Bank of Maharashtra Recruitment 2023:
  8. Important Dates for Bank of Maharashtra Recruitment 2023:
  9. Application Fee for Bank of Maharashtra Recruitment 2023:
  10. The selection process for Bank of Maharashtra Recruitment 2023:
  11. How to apply for Bank of Maharashtra Recruitment 2023:

Post Name and Vacancies for Bank of Maharashtra Recruitment 2023:

As mentioned in the official notification of Bank of Maharashtra Recruitment 2023, the applications opened for eligible and desirous candidates for the post of Credit Officer Scale II and Credit Officer Scale III. There are a total of 100 vacancies available aforementioned positions.

Age Limitation for Bank of Maharashtra Recruitment 2023:

Based on the official notification of Bank of Maharashtra Recruitment 2023, the minimum age limit for the mentioned position should be 25 years and the maximum age limit should be up to 35 years.

Qualification for Bank of Maharashtra Recruitment 2023:

In accordance with the official notification of Bank of Maharashtra Recruitment 2023, the candidate’s required qualifications are mentioned below:
For Credit Officer Scale II-

  • The candidates should have a Bachelor’s Degree from a University/ Institute with a minimum of 60% (55% for SC/ST/OBC/PWBD) marks aggregate in all years/semesters recognized by the Government of India or its Regulatory bodies.
  • The candidates should have Professional Qualifications (Compulsory), any one MBA (Full-time) preferably in Banking/Finance / Banking and Finance / Marketing / Forex Credit from a University/Institute recognized by the Government of India or its Regulatory Bodies /PGDBA/PGDBM/CA/CFA/ICWA/ Financial Risk Manager.

For Credit Officer Scale III-

  • The candidates should have a Bachelor’s Degree from a University / Institute with a minimum of 60% (55% for SC/ST/OBC/PWBD) marks aggregate in all years/semesters recognized by the Government of India or its Regulatory bodies.
  • The candidates should have Professional Qualifications (Compulsory), anyone MBA (Full-Time) preferably in Banking/Finance / Banking and Finance / Marketing / Forex / Credit from a University / Institute recognized by the Government of India or its Regulatory Bodies /PGDBA/PGDBM/CA/CFA/ICWA/ Financial Risk Manager.

Experience of Bank of Maharashtra Recruitment 2023:

Referring to the official notification of Bank of Maharashtra Recruitment 2023, the following experiences of the candidates are given below:
For Credit Officer Scale II-

  • The candidates should have a minimum of 3 years post-qualification experience as an officer and should be confirmed in service and not on contract in the processing of MSME / Mid and Large Corporate proposals in Public/Private/Foreign Banks/Financial Institutions.
  • The applicant must have experience in appraisal/assessment of Credit proposals of MSME/ Medium/Large Corporations and/or working as a Branch Head.

For Credit Officer Scale III-

  • The candidates should have at least 5 years post-qualification experience as an officer and should be confirmed in service and not on contract in the processing of MSME / Mid and Large Corporate proposals in Public/Private/ Foreign Banks/Financial Institutions.
  • The applicant must have experience in appraisal/assessment of Credit proposals of MSME/Medium/large Corporations and /or working as a Branch Head.

Salary for Bank of Maharashtra Recruitment 2023:

As informed in the official notification of Bank of Maharashtra Recruitment 2023, the individual chosen for the position of Credit Officer Scale II and Credit Officer Scale III will be paid a monthly salary of upto Rs.78230.

Place of Posting for Bank of Maharashtra Recruitment 2023:

The posting location will be Pune or another area determined by the needs of the bank, as stated in the official notification of Bank of Maharashtra Recruitment 2023.

Tenure for Bank of Maharashtra Recruitment 2023:

In order to apply in the official notification of Bank of Maharashtra Recruitment 2023, the successful applicant will be employed on a contract basis for a term of 06 months after joining.

Important Dates for Bank of Maharashtra Recruitment 2023:

Based on the official notification of Bank of Maharashtra Recruitment 2023, the required important dates are listed below:

Application Fee for Bank of Maharashtra Recruitment 2023:

The applicants from the UR/EWS/OBC categories must pay Rs.1000 with GST of Rs.180 as an application fee, while candidates from the SC/ST/PwBD categories must pay Rs.100 with GST of Rs.18, as per the official notification of Bank of Maharashtra Recruitment 2023.

The selection process for Bank of Maharashtra Recruitment 2023:

As mentioned in the official notification of Bank of Maharashtra Recruitment 2023, the selection will be based on an online exam and an interview. Candidates who pass the online exam will be summoned for an interview in a 1:4 ratio. The online examination and interview are worth 200 and 100 points, respectively, which will be transformed into 75:25 (Online Examination: Interview). The cut-off marks for the online examination, interview, and final selection will be 50% for UR/EWS and 45% for SC/ST/OBC/PwBD. The following is a list of examination centres:

How to apply for Bank of Maharashtra Recruitment 2023:

Referring to the official notification of Bank of Maharashtra Recruitment 2023, interested and willing candidates may apply online through the official website of the Bank of Maharashtra on or before the last date. Applications received after the deadline will be REJECTED.
The last date for submitting the application form is 06-11-2023.

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