The Bank of Maharashtra is ushering in 2023 with an exciting career opportunity in the banking sector. If you’ve ever dreamt of applying for Bank of Maharashtra Recruitment 2023, here’s your chance. The Bank of Maharashtra has announced its Recruitment 2023 drive, which will fill 100 vacancies for Credit Officer positions in both Scale II and Scale III. To help you navigate this fantastic opportunity, we’ve compiled all the essential details, including eligibility criteria, selection process, and key dates.
Table of Contents
Bank of Maharashtra Recruitment 2023: Overview
Let’s start by understanding the essential aspects of the Bank of Maharashtra Recruitment 2023:
| Parameter | Details |
|---|---|
| Organization | Bank of Maharashtra |
| Post | Credit Officers (Scale II and Scale III) |
| Total Vacancies | 100 |
| Application Mode | Online |
| Application Period | 23rd October 2023 – 6th November 2023 |
| Eligibility Criteria | Varies by the specific positions |
| Application Fee | General/EWS/OBC – Rs. 1180/-, SC/ST/PwBD – Rs. 118/- |
| Age Limit | Scale-II: 25-32, Scale-III: 25-35 |
| Procedures for Selection | Online Test and Interview |
| Official Website | bankofmaharashtra.in |
| Official Notification | Click Here |
Key Dates: Mark Your Calendar
For those considering applying for the Bank of Maharashtra Recruitment 2023, here are the critical dates to keep in mind:
- Notification Release: 23rd October 2023
- Commencement of Applications: 23rd October 2023
- Application Deadline: 6th November 2023
How To Apply for Bank of Maharashtra Recruitment 2023?
To submit your application, visit the official website. However, locating the direct application link can be tricky. To make things easier, we’ve provided the direct link below for your convenience:
Apply for Bank of Maharashtra Recruitment 2023
Vacancy Details
The Bank of Maharashtra is creating 100 exciting job opportunities in the Credit Officer domain, distributed across Scale II and Scale III positions:
- Credit Officers Scale II: 50 positions
- Credit Officer Scale III: 50 positions
Eligibility Criteria
Eligibility criteria are the cornerstone of any recruitment process. Ensuring that you meet the stipulated criteria is crucial to a successful application. Here’s what you need to know about eligibility for Bank of Maharashtra Recruitment 2023:
Educational Qualification
The educational requirements differ for Scale II and Scale III Credit Officer positions:
- Credit Officer in Scale II:
- A Bachelor’s Degree from a recognized university or institute with a minimum of 60% (55% for SC/ST/OBC/PWBD) marks across all years/semesters.
- Mandatory Professional Qualifications (choose one): MBA (Full-time) in Banking/Finance/Marketing/Forex/Credit from a recognized university or institute, PGDBA, PGDBM, CA, CFA, ICWA, or Financial Risk Manager.
- If you lack the mandatory professional qualifications, you can apply for the position by providing an experience certificate showing a minimum of 3 years of work in Specialized Branches/Controlling Offices, such as ZOs/ROS/Commercial/Corporate Credit Departments at Head and Zonal Office levels in any Public/Private/Foreign Banks/Financial Institutions.
- Credit Officer in Scale III:
- A Bachelor’s Degree from a recognized university or institute with a minimum of 60% (55% for SC/ST/OBC/PWBD) marks across all years/semesters.
- Mandatory Professional Qualifications (choose one): MBA (Full-time) in Banking/Finance/Marketing/Forex/Credit from a recognized university or institute, PGDBA, PGDBM, CA, CFA, ICWA, or Financial Risk Manager.
- If you lack the mandatory professional qualifications, you can apply for the position by providing an experience certificate showing a minimum of 5 years of work in Specialized Branches/Controlling Offices, such as ZOs/ROS/Commercial/Corporate Credit departments at Head and Zonal Office levels in any Public/Private/Foreign Banks/Financial Institutions.
Age Limit
The age limits for Bank of Maharashtra Recruitment 2023 vary according to the Credit Officer positions:
- Credit Officer in Scale II:
- Maximum Age Limit: 32 Years
- Minimum Age Limit: 25 Years
- Credit Officer in Scale III:
- Maximum Age Limit: 35 Years
- Minimum Age Limit: 25 Years
Application Fees
To finalize your application, you’ll need to pay the specified application fee, which is structured as follows:
- For UR/EWS/OBC candidates: Rs. 1180/-
- For SC/ST/PwBD candidates: Rs. 118/-
Selection Process
In the Bank of Maharashtra Recruitment 2023, candidates will go through an online examination organized by BOM. Following the online exam, selected candidates will proceed to an interview round, with the selection ratio being 1:4 based on their ranking. The marks allocation for the online exam and interview is 200 and 100, respectively, with a conversion ratio of 75:25.
Salary of a Credit Officer at the Bank of Maharashtra in 2023
The Bank of Maharashtra offers an attractive salary structure for Credit Officer positions in Scale II and Scale III.
- Scale II: Rs. 48,170-1,740/1-49,910-1,990/10-69,810
- Scale III: Rs. 63,840-1,990/5-73,790-2,220/2-78,230
Join the Bank of Maharashtra and embark on a fulfilling banking career. If you satisfy the eligibility requirements, apply as soon as possible.. This could be your golden opportunity to become a Credit Officer at one of the most esteemed financial institutions in the country. Don’t miss out; apply today and take the first step towards a successful career in banking.
