Bank of India Recruitment 2020 Online Form

Bank of India is Invited to Online Application Form through IBPS for the Various Post Officer Scale-II, III, IV Latest Job Bank Vacancies 2020. Those Candidates Who Are Interested in this Vacancy and Have All Eligibility Criteria Can Read the Full Notification Before Apply Online.

Name of Post:

Bank of India Recruitment 2020 Online Form

Post Date: 15/09/2020
Short Information: Short Description Notification of Post

Bank of India Recruitment 2020 Online Form

Officers Various Post Recruitment


Important Dates

  • Application Begin: 16/09/2020
  • Last Date for Apply Online: 30/09/2020
  • Fee Payment Last Date: 30/09/2020
  • Exam Date: Available Soon
  • Admit Card: Available Soon

Application Fee

  • General / OBC : 850/-
  • SC / ST / PH:  175/-
  • Pay the Examination Fee Through Debit Card, Credit Card, Net Banking.
Bank of India Vacancy Details
Post Name Total Post Eligibility Age Limit
Economist IV 02

Ph.D. / Master Degree in Related Post with Experience.

20 Yrs.- 35 Yrs.
Economist II 02 Master’s Degree in Related Post with Experience. 20 Yrs.- 35Yrs.
Statistician 02 Master’s Degree in Statistics with Experience. 20 Yrs.- 35 Yrs.
Risk Manager IV 03 Certificate in Financial Risk Management / CFA / CA / ICWA/ Master in Finance with Experience 20 Yrs.- 38 Yrs.
Risk Manager III 06 Certificate in Financial Risk Management / CFA / CA / ICWA with Experience 20 Yrs.- 35 Yrs.
Credit Analyst 60 MBA / PGDM in Finance / CA / ICWA with Experience. 20 Yrs.- 38 Yrs.
Credit Officer 79 Bachelor Degree in Any Stream with 60% Mark and MBA / PGDBM / PGBM / PGDBA / Master Degree in Science / Commerce / Economics OR CA / ICWA / CS. 20 Yrs.- 30 Yrs.
IT Fintech IV 07 BE / B.Tech in Related Trade OR Any Degree with B Level and Experience 20 Yrs.- 38 Yrs.
IT Fintech III 10 20 Yrs.- 35 Yrs.
IT Fintech II 13 20 Yrs.- 32 Yrs.
IT Data Scientist 03 Ph.D. / Master’s Degree in Statistics / Computer Science with Experience. 20 Yrs.- 38 Yrs.
IT Data Analyst III 03 BE / B.Tech in Related Trade OR MCA / MBA / PG Statistics with Experience. 20 Yrs.-35 Yrs.
IT Data Analyst II 06 20 Yrs.- 32 Yrs.
IT Info Security IV 02 Bachelor / Master Degree in IT / CS / CA / EC with Experience. 20 Yrs.- 38 Yrs.
IT Info Security III 02 20 Yrs.- 35 Yrs.
IT Info Security II 04 20 Yrs.- 32 Yrs.
Tech Appraisal 10 BE / B.Tech Degree in Related Trade with Experience. 20 Yrs.- 35 Yrs.

Bank of India Recruitment Exam Center

Lucknow, Patna, Delhi, Chandigarh, Jaipur, Raipur, Ranchi, Bhopal, Dehradun, Ahemdabad, Bengaluru, Bhubaneshwar, Chennai, Hyderabad, Jammu, Kolkata, Mumbai, Panaji, Shimla, and Trivandrum.

How to Fill Online Form

  • Bank of India Officer Scale-II, III, IV Recruitment 2020, Candidates Can Apply Between 16/09/2020 to 30/09/2020
  • Interested Candidates Can Read the Full Notification Before Applying this Form.
  • And kindly  Check All Eligibility and Required Document – Eligibility, ID and Address Proof, and Basic Details.
  • Kindly Ready Scan All Require Document Related to Recruitment Form – Photo, Signature, ID & Address Proof, etc.
  • Now Visit the official website Below Link “Click Here”. And Click on the Registration Tab provided on the website.
  • Fill the Details of the Registration Form. Then log in with Registration ID and Password and all Details fill in the Application Form.
  • And then Upload the required Document and Pay the Application Fee.
  • Before Submit, the Application Form Must Check the Preview and All Column Carefully.
  • Kindly take a Print Out of the Final Submitted form for Future Reference.

Bank of India Exam Syllabus

English Language

  • Adverb
  • Subject-Verb Agreement
  • Error Correction
  • Idioms & Phrases
  • Verb
  • Sentence Rearrangement
  • Unseen Passages
  • Articles
  • Antonyms
  • Comprehension
  • Tenses
  • Grammar
  • Fill in the Blanks
  • Synonyms
  • Vocabulary

Professional Knowledge:

Management accounting

  • Process Costing
  • The material, Labour Cost and Overhead Cost Output or Unit Costing (Cost Sheet)
  • Cost of capital
  • Job and Batch Costing
  • Capital structure
  • Analysis
  • Contract Costing
  • Capital budgeting
  • Marginal (Variable) Costing and Cost-Volume-Profit
  • Sources of finance
  • Budgeting and Budgetary Control
  • Ratio analysis
  • Standard Costing and Variance Analysis
  • Financial Statement Analysis
  • Cash Flow Statement
  • Funds Flow Statement

Corporate accounting

  • Issuance of shares
  • Dividend distribution
  • Issue, Forfeiture, and Re-issue of Shares
  • Redemption of preference shares
  • Redemption of preference shares
  • Guidelines of SEBI
  • Issue and redemption of debentures
  • Valuation of Goodwill and Shares
  • Underwriting
  • Accounting for Amalgamation of Companies
  • Acquisition of business and profits before Incorporation
  • Divisible profits and Bonus issues
  • Final accounts: of Companies

Basic Accounting


  • Accounting principles and concepts – read accounting standards book by ICAI (Important)
  • Functions and working of RBI, IRDA, and SEBI

Business law

  • Partnership act
  • Industrial disputes act
  • Negotiable instruments
  • Company law (Go through all these laws with amendments)
  • Contract act
  • Gratuity act
  • Labour law
  • Provident fund
  • Factories act


  • Money market
  • Updates related to money market and RBI policies
  • Micro and macroeconomics concepts
  • Capital market

Cost accounting concepts (basics)

  • Marginal costing
  • Overview of Cost Accounting
  • Social accounting
  • Cost volume profit analysis
  • Cost sheet, working capital
  • Inventory Valuation
  • Absolute costing
  • Target Costing
  • Activity-Based Costing
  • Transfer Pricing
  • Constraint Analysis
  • Forecasting

General Awareness

  • History
  • Sports
  • Science – Inventions & Discoveries
  • Countries & Capitals
  • General Politics
  • Culture
  • Knowledge of Current Events
  • Geography
  • India and its neighboring countries
  • Budget and Five Year Plans
  • Current Affairs – National & International
  • Indian Constitution
  • Economy, Banking, and Finance
  • Scientific Research
  • Economy
  • Important Financial & Economic News

Bank of India Exam Pattern

The above tests except for 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 the English Language will not be added while preparing the Merit List.

Written Test(Objective Type 175 Questions)

  • English language (50 Questions, each of One mark )
  • Professional Knowledge (75 Questions, each of One mark)
  • General Awareness with Special Reference to Banking Industry (50 Questions, each of One mark)
  • Maximum marks – 175 and time duration held on 2 Hours & 30 Minutes)

The test paper will have objective type Questions. For every Incorrect response, 0.25 marks will be deducted as negative marking in the Examination.

Bank of India Recruitment Process

Selection will be through online tests and/or GD and/or personal interviews, depending on the number of applicants/eligible candidates.

  • Online Test
  • GD Round
  • Personal Interview

Bank of India Salary And Payscale

The salary Structure of IBPS RRBs is illustrated in the table below, depending on the Post one is working at.

  • Officer Scale IV   Rs.50030 – Rs.59170/-
  • Officer Scale III   Rs.42020 – Rs.51490/-
  • Officer Scale-II   Rs.31705 – Rs.45950/-
  • Officer Scale I    Rs.23700 – Rs.42020/-
  • With Other Allowances.
Important Links
Online Apply Registration
Online Apply Login
Download Notification Click Here
Official Website Click Here
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