BOM Recruitment 2023: New Opportunity Out for 100 Vacancies, Check Posts, Age, Experience and Process to Apply

Bank of Maharashtra (BOM) is recruiting aspirants to fill up the posts of Credit Officer Scale II and Credit Officer Scale III. There are 100 Vacancies. The date of the online application period is 23.10.2023.

BOM Recruitment 2023 for Credit Officer Scale II and Scale III

Shubhra Goswamy | Oct 23, 2023 |

BOM Recruitment 2023: New Opportunity Out for 100 Vacancies, Check Posts, Age, Experience and Process to Apply

BOM Recruitment 2023: New Opportunity Out for 100 Vacancies, Check Posts, Age, Experience and Process to Apply

BOM Recruitment 2023: The Bank of Maharashtra (BOM) is recruiting aspirants to fill up the posts of Credit Officer Scale II and Credit Officer Scale III. As given in the official notification of BOM Recruitment 2023, the selected applicant will be posted at the Head Office, Pune or any other office as per the Bank’s requirement. According to the official notification of BOM Recruitment 2023, aspirants should have an overall experience of at least 03 to 05 years of experience. As given the official notification of BOM Recruitment 2023, candidates will be selected through Online Examination. The successful candidate shall be called for an interview in the proportion of 1:4.

In accordance with the official notification of BOM Recruitment 2023, the minimum age limit for the above-mentioned posts is 25 years and the maximum age limit should be 32 years for Credit Officer Scale II and 35 years for Credit Officer Scale III. As mentioned in the Official notification of BOM Recruitment 2023, the candidate will be appointed on a Probation period for 06 months from the date of joining. As mentioned in the official notification of BOM Recruitment 2023, the candidate will get a Scale Pay upto Rs.78230. According to the official notification of BOM Recruitment 2023, there are 100 Vacant seats for the aforementioned position. In accordance with the official notification of BOM Recruitment 2023, applicants belonging to UR/EWS/OBC need to pay a Non-refundable Application fee of Rs.1000 + GST of Rs.180, whereas SC/ST/PwBD will be paid Rs.100 + GST of Rs.18. Eligible and interested candidates need to fill out their online application form in the format enclosed along with documents. The online application period begins on 23.10.2023.

Table of Content
  1. Post Name and Vacancies for BOM Recruitment 2023:
  2. Probation Period for BOM Recruitment 2023:
  3. Qualification for BOM Recruitment 2023:
  4. Place of Posting for BOM Recruitment 2023:
  5. Experience for BOM Recruitment 2023:
  6. Selection Procedure for BOM Recruitment 2023:
  7. Application Fee for BOM Recruitment 2023:
  8. Age Limit for BOM Recruitment 2023:
  9. Pay Scale for BOM Recruitment 2023:
  10. Important Date for BOM Recruitment 2023:
  11. How to Apply for BOM Recruitment 2023:

Post Name and Vacancies for BOM Recruitment 2023:

To fill the positions of Credit Officer Scale II and Credit Officer Scale III, the Bank of Maharashtra (BOM) is currently accepting applications. There are 100 open seats for the aforementioned role, according to the official BOM Recruitment 2023 announcement.

BOM Recruitment 2023

Probation Period for BOM Recruitment 2023:

The candidate would be hired on probation for six months after joining, as stated in the official notification of BOM Recruitment 2023.

Qualification for BOM Recruitment 2023:

Candidates applying for the BOM Recruitment 2023 must have the following qualifications.

Credit Officer Scale II

  • Bachelor’s Degree from a University/ Institute with a minimum 60% (55% for SC/ST/OBC/PWBD) marks aggregate in all years/semesters recognized by the Government of India or its Regulatory bodies.
  • Professional Qualifications (Compulsory), any one: MBA (Full time) preferably in Banking/Finance / Banking & 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.

Credit Officer Scale III

  • Bachelor’s Degree from a University / Institute with a minimum 60% (55% for SC/ST/OBC/PWBD) marks aggregate in all years/semesters recognized by the Government of India or its Regulatory bodies.
  • Professional Qualifications (Compulsory), anyone: MBA (Full time) preferably in Banking/Finance / Banking & 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.

Place of Posting for BOM Recruitment 2023:

The chosen candidate will be deployed to the Head location in Pune or any other location depending on the needs of the Bank, as stated in the official BOM Recruitment 2023 notification.

Experience for BOM Recruitment 2023:

According to the official notification of BOM Recruitment 2023, the experience required for the above mentioned post is given below.

Credit Officer Scale II

  • Candidate 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.
  • Experience should be in appraisal/assessment of Credit proposals of MSME/ Medium/Large Corporations and/or working as a Branch Head.

Credit Officer Scale III

  • Applicant must 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.
  • Experience should be in appraisal / assessment of Credit proposals of MSME/Medium/large Corporations and /or working as a Branch Head.

Selection Procedure for BOM Recruitment 2023:

The candidates must show up for an online exam that will be administered by a recruitment firm, per the official notification of BOM Recruitment 2023. Depending on how they ranked, a 1:4 ratio of the selected individuals would be contacted for interviews. A mark distribution of 200 and 100 will be used for the online exam and interview, resulting in a 75:25 ratio (online examination: interview).

Application Fee for BOM Recruitment 2023:

The BOM Recruitment 2023 official notification states that candidates who are UR/EWS/OBC must pay a non-refundable application fee of Rs. 1000 + GST of Rs. 180, while those who are SC/ST/PwBD must pay Rs. 100 + GST of Rs. 18.

BOM Recruitment 2023

Age Limit for BOM Recruitment 2023:

The minimum age requirement for the aforementioned positions is 25, while the maximum age requirement for Credit Officer Scale II and Credit Officer Scale III should be 32 and 35 years, respectively, according to the official BOM Recruitment 2023 notification.

BOM Recruitment 2023

The upper age relaxation

BOM Recruitment 2023

Pay Scale for BOM Recruitment 2023:

The official BOM Recruitment 2023 notification the candidate will receive a scale pay of between Rs.48170 to Rs. 78230.

BOM Recruitment 2023

Important Date for BOM Recruitment 2023:

The Important Dates for BOM Recruitment 2023 is listed in the table below.

BOM Recruitment 2023

How to Apply for BOM Recruitment 2023:

As per the BOM Recruitment 2023 Notification, the desirous applicant must fill out the online application form with the support of all the relevant documents mentioned in the notification below and submit it on or before the last date. The online application interface will be closed on 06.11.2023.

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