Bank of India Gov. Exam | Application Form, Syllabus & Eligibility - Easy Shiksha

Bank of India Exam: Eligibility, Application Form, Exam Pattern, Syllabus, Admit Card & Result

Updated On - Oct 11, 2021

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Tom Helson

Bank of India clerical and Probationary posts are filled through the exam conducted by IBPS for the respective positions. However, there are several other positions for which the bank independently conduct recruitment drives through their official website.

Latest updates:

  • August 31, 2021: The Bank of India has announced a total of 18 vacancies to be filled for different posts.
  • August 19, 2021: BOI Recruitment 2021: Apply for 21 Support Staff posts on https://bankofindia.co.in/

Highlights

Highlights

Name of Exam Bank of India Officers Recruitment 2021
The Conducting Body Bank Of India
Posts IT, Economist, Credit Officers and Others
Application Fees For SC/ST/PWD - INR 175/-
For General and Others - INR 850/- Selection Process
Online Written Test Interview
Official Website https://bankofindia.co.in/

Important Dates

To be notified

Vacancy

2020

TOTAL 235

Eligibility Criteria

Age limit and Relaxation

Candidates need to be between the ages of 20 - 40 years to apply for the posts.

Category Age Relaxation
Scheduled Caste/Scheduled Tribe 5 years
Other Backward Classes (Non-creamy layer) 3 years
Persons With Benchmark Disabilities 10 years
Ex-Servicemen 5 years
Persons affected by 1984 riots 5 years
Educational Qualification
Fire Engineer BE in Fire Engineering from National Fire Service College/ B.Tech.in Fire Technology and Safety Management from a recognized college
Security officer Graduation from Recognized university-3 months certification course in computer or Information Technology as related subject or paper during graduation is a must.
Economist (SMGS-IV) PhD or PG Degree in Economics/ Econometrics
Risk Manager (SMGS-IV) Certification in Financial Risk Management from Global Associate of Risk (GARP) or CFA/PRIMA pr CA/ICWA or Master in Finance
IT (Info. Security) (SMGS-IV) BE/B.Tech in Computer Science/Information Technology/Electronics/Electrical & Electronics/Electronics & Communication or MCA/MBA (Business Analytics)/PG (Statistics)

Application

Application Fees
SC/ST/PWD INR 175/- (Intimation Charges Only)
General & Others INR 850/- (Application Fee + Intimation Charges)

Exam Pattern 2021

Subjects Total Mark Duration
English Language 50 150 minutes
Professional Knowledge 75
General Awareness with special reference to Banking Industry 50
Total 175 2 Hour 30 Minutes

Syllabus

Topics Sub-topics
English Language
  • Article
  • Adverbs
  • Verb Agreement
  • Idioms and Phrases
  • Tenses
  • Error Corrections
  • Vocabulary
  • Comprehensions
  • Grammar
  • Sentence Arrangement
  • Grammar
  • Fill in the blanks
  • Synonyms
  • Unseen Passages
  • Error Correction
General Knowledge
  • Budget facts and five-year plans
  • Economy, Banking and Finance
  • History
  • Countries and Capitals
  • Culture
  • Geography
  • Knowledge about India and its neighbourhood
  • Economy
  • Scientific Research
  • Important Financial and Economic News
  • General Politics
  • Sports
  • Countries and Capitals
  • Science and Innovations
  • Current Affairs
Accounting
  • Marginal Costing
  • Social Accounting
  • Absolute Costing
  • Cost Volume Profit Analysis
  • Activity-based costing
  • Inventory Valuation
  • Cost Sheet and Work Capital
  • Target Costing
  • Transfer Pricing
  • Overview of Cost Accounting
  • Forecasting
Basic Accounting
  • Principles and Concepts of Accounting
  • Functioning of SEBI, RBI, and IRDA
Corporate Accounting
  • Insurance of shares
  • Divisible Profits and Bonus Issues
  • Dividend Distribution
  • Final Accounts
  • Underwriting
  • Valuation of Goodwill and Shares
  • Redemption of preference shares
  • Issues, Forfeitures and Re-issues of Shares
  • Accounting for Amalgamation Companies
  • Guidelines of SEBI
  • Issues and Redemption of Debentures
  • Acquisition of Business and Profit before Incorporation
Management Accounting
  • Ratio Analysis
  • Cash Flow Statement
  • Budget and Budgetary Control
  • Process Costing
  • Sources of Finance
  • Capital Structure
  • Analysis
  • Standard Costing and various Analysis
  • Capital Budgeting
  • Marginal Cost and Cost Volume Profit
  • Capital Structure
  • Cost of Capital
  • Fund Flow Statement
  • Sources of Finance
  • Job and Batch Costing
  • The Material, Labor Cost and Overhead Cost
  • Financial Statement Analysis
  • Sources of Finance
  • Process Costing
  • Contract Costing
  • Budgeting and Budgetary Control
Business Law
  • Provident Fund
  • Industrial Dispute Act
  • Labour Law
  • Factories Act
  • Negotiable Instruments
  • Gratuity Act
  • Company Law
  • Partnership Act
  • Contract Act
Economics
  • Micro and Macro Economics Concepts
  • Updates related to money market and RBI Policies
  • Money Market
  • Capital Market

Job Profile

Job Profile of Credit Officer and Manager

Please note that the core of the banking industry is Credit. The bank works on Loans and Advances and the huge chunk of profit of the bank comes from this Credit only. And since this is a specialist recruitment drive, the growth prospects are better. Let us start with Credit Officer.

Right from the start till the loan disbursal and monitoring, the Credit Officer oversees the entire lending process. The initial application and review, analyses and recommendation, the disbursal or denial of the request are all done by the credit officer.

Salary Details 2021

  • Junior Management Grade Scale – I (JMGS I) 23700-980/7-30560-1145/2-32850-1310/7-42020
  • Middle Management Grade Scale-II(MMGS II) 31705-1145/1- 32850-1310/10-45950
  • Middle Management Grade Scale –III(MMGS III) 42020-1310/5- 48570-1460/2-51490
  • Senior Management Grade Scale –IV(SMGS IV) 50030-1460/4- 55870-1650/2-59170

Cut Off

Bank Of India 2018 Cut-Off
Category Cut-Off
General 44.25
SC 31.75
ST 26.00
OBC 38.25
HI (Hearing Impaired) 36.00
LD (Learning Disability) 28.25

Admit Card

The details printed on the admit card will be -

  • Date and Time of the Test
  • Full Name of the Candidate
  • Venue to the Test Centre
  • Reporting Time to the Exam Cell
  • Signature of the Board Councillor
  • Space Box for Applicant’s Signature
  • Name of the Conducting Board
  • Photograph of the Applicant
  • Enrollment/ Application Number
  • Name of the Examination
  • Applicant’s Date of Birth
  • Hall Ticket Number
  • Name of the Examination Centre

Preparation

English

  • Online Mock Tests & Online courses
  • Basic rules of Grammar from the book Wren & Martin.
  • Read The Hindu newspaper daily
  • English Grammar (Wren and Martin)

General awareness

  • Banking Awareness by Arihant Publication
  • Static General Knowledge by Arihant Publication
  • General Knowledge by Lucent
  • Banking Awareness handbook of banking information by N.S. Toor

Professional Knowledge

  • Financial Management by IM Pandey
  • Indian Financial System by Bharti Pathak
  • Principles of Management by LN Prasad
  • Organisational Behaviour by SP Robins

Result

How to download

  • Visit the official website of https://bankofindia.co.in/
  • On the home page, you will find a search option. Look for “BOI results 2020/21”
  • The list of all the recently published results will be displayed.
  • Click on the link which is relevant for you.
  • Use your registration ID or roll number and the password to log in.
  • Once you have logged in, the result will be displayed.
  • You can download it in pdf format for future reference.

FAQs

Q1. What is the last date to apply online for the Bank of India Recruitment 2021?

Ans. The last date to apply online for the Bank of India Recruitment 2021 is 31st August 2021.

Q2. How many vacancies are there in Bank of India Recruitment 2021?

Ans. There is a total of 21 vacancies.

Q3. What is the age limit for Faculties in Bank of India Recruitment 2021?

Ans. The age limit for Faculties in Bank of India Recruitment 2021 is 25 to 63 years.

Upcoming Exams

01
IDBI Executive
Sep 4, 2021
02
NABARD Grade B
Sep 17, 2021
03
NABARD Grade A
Sep 18, 2021

Notification

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IDBI Executive Admit Card 2021 Published on the Official Portal

IDBI Bank has uploaded IDBI Executive Admit Card 2021 on the official website. Candidates who have appeared for Executive posts can refer to the official website of IDBI Bank, idbibank.in to download the same.

  Aug 31,2021
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SBI Clerk Prelims Exam Analysis 2021 for August 29 (All Shifts); Check

SBI has successfully conducted the SBI Clerk Prelims exam in the remaining 4 centers - Shillong, Agartala, Aurangabad (Maharashtra), and Nashik centers in 4 shifts. There were four sections in the question paper.

  Aug 31,2021

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