BOB Recruitment 2024: Apply Online for 168 Posts, Eligibility, Online Application
Bank of Baroda has recently announced the commencement of recruitment for the 2024 batch. Individuals possessing qualifications such as 10th/ 12th/ Diploma/ Bachelor’s Degree/ Master’s Degree in a relevant field are eligible to submit their applications online. The application procedure will be exclusively conducted through the official website, open for submissions from 12th June 2024 to 2nd July 2024.
The official recruitment notification includes comprehensive information regarding the selection process, examination dates, and other crucial details. To learn how to apply for Bank of Baroda’s Regular and Contract Basis Recruitment 2024, continue reading this post until the end. It contains all the necessary details on applying for Bank of Baroda Bharti 2024.
BOB Recruitment 2024 Important Dates
| Post Name | BoB Relationship Manager |
| Organization | Bank of Baroda |
| Vacancies | 168 |
| Application Mode | Online |
| Application Start Date | 12.6.2024 |
| Application Last Date | 2.7.2024 |
| Notification | PDF Download |
BOB Recruitment 2024 Application Fees
For individuals applying for the BOB Recruitment 2024, there are specific application fees based on their category. General, EWS, and OBC candidates are required to pay a fee of Rs.600/- along with applicable taxes and payment gateway charges. On the other hand, SC, ST, PWD, and women applicants have a reduced fee of Rs.100/- plus applicable taxes and payment gateway charges. It’s important to note that this application fee is non-refundable, regardless of whether an online test is conducted, and even if the candidate is not shortlisted for an interview. This fee is a mandatory part of the application process for all candidates.
Location of Posting BOB Recruitment 2024
For the positions listed at serial numbers 1 to 6, the specific place of posting will be determined based on the Bank’s operational needs at any given time. Successful candidates may find themselves assigned to various Offices or Branches situated across different regions of India. In contrast, for the roles identified at serial numbers 7 and 8, the designated place of posting will be in Mumbai. It is important to note that individuals selected for these positions may be subject to transfers initiated by the Bank, at its sole discretion, to any of its branches or offices nationwide.
BOB Recruitment 2024 Vacancy Details
| No | Post Name | Grade/Scale | Vacancies |
| 1 | Forex Acquisition & Relationship Manager | MMG/S-II | 11 |
| 2 | Forex Acquisition & Relationship Manager | MMG/S-III | 4 |
| 3 | Credit Analyst | MMG/S-II | 10 |
| 4 | Credit Analyst | MMG/S-III | 70 |
| 5 | Relationship Manager | MMG/S-III | 44 |
| 6 | Relationship Manager | SMG/S-IV | 22 |
| 7 | Senior Manager Business Finance | MMG/S-III | 4 |
| 8 | Chief Manager Internal Controls | SMG/S-IV | 3 |
BOB Recruitment 2024 Age Limit
| Post Name | Grade/Scale | Minimum Age | Maximum Age |
| Forex Acquisition & Relationship Manager | MMG/S-II | 24 | 35 |
| Forex Acquisition & Relationship Manager | MMG/S-III | 26 | 40 |
| Credit Analyst | MMG/S-II | 25 | 30 |
| Credit Analyst | MMG/S-III | 28 | 35 |
| Relationship Manager | MMG/S-III | 28 | 35 |
| Relationship Manager | SMG/S-IV | 35 | 42 |
| Senior Manager Business Finance | MMG/S-III | 28 | 38 |
| Chief Manager Internal Controls | SMG/S-IV | 28 | 40 |
Age relaxation in the Upper Age Limit for different categories is as follows: Scheduled Caste and Scheduled Tribe categories receive a relaxation of 5 years each. Other Backward Classes (Non-Creamy Layer) are entitled to a relaxation of 3 years. Persons with Disability have varying relaxations based on their category: General/Economically Weaker Section (EWS) – 10 years, OBC – 13 years, SC/ST – 15 years.
Ex-servicemen, including Commissioned Officers like Emergency Commissioned Officers (ECOs)/Short Service Commissioned Officers (SSCOs), who have served at least 5 years in the military and were released honorably, are eligible for relaxations of 5 years for Gen/EWS, 8 years for OBC, and 10 years for SC/ST categories. Additionally, individuals affected by the 1984 riots are granted a relaxation of 5 years.
BOB Recruitment 2024 Educational Qualifications
The following educational qualifications are required for the BOB Recruitment 2024 positions:
- Forex Acquisition & Relationship Manager: A graduation degree in any field and a postgraduate degree or diploma with a focus on marketing or sales.
- Credit Analyst (MMG/S-II): A graduation degree in any field and a Chartered Accountant qualification.
- Credit Analyst (MMG/S-III): A graduation degree in any field and a postgraduate degree specialized in finance, or qualifications such as CA, CMA, CS, or CFA.
- Relationship Manager: Essential requirements include a graduation degree in any field and a postgraduate degree or diploma specialized in finance (minimum one-year course). Desirable qualifications include CA, CFA, CS, or CMA.
- Senior Manager Business Finance: A graduation degree in any field and either a Chartered Accountant qualification or a postgraduate degree/diploma in finance.
- Chief Manager Internal Controls: A graduation degree in any field and a Chartered Accountant qualification. Candidates with DISA/CISA certification will be given priority.
BOB Recruitment 2024 Salary Structure
BOB Recruitment 2024 presents a detailed breakdown of the Salary Structure Scale of Pay, which is subject to periodic amendments. For the Middle Management Grade Scale II (MMGS II), the salary starts at Rs. 64820 and progresses through increments of Rs. 2340 up to Rs. 67160, then increases by Rs. 2680 over 10 stages to reach Rs. 93960.
Moving to the Middle Management Grade Scale III (MMGS III), the salary commences at Rs. 85920, and through five increments of Rs. 2680, reaches Rs. 99320, then climbs by Rs. 2980 through two stages to top out at Rs. 105280. For the Senior Management Grade Scale IV (SMG/S-IV), the salary initiates at Rs. 102300, increases by Rs. 2980 over four stages to reach Rs. 114220, then progresses by Rs. 3360 over two stages to culminate at Rs. 120940.
The Emoluments currently offered at the initial level of MMG/S-II, MMG/S-III, and SMG/S-IV on a monthly basis encompass various components such as Dearness Allowance (DA), Special Allowance, House Rent Allowance (HRA), City Compensatory Allowance (CCA), along with additional perks like accommodation facilities, Conveyance, Medical Aid, Leave Travel Concession (LTC), and more, in alignment with the Bank’s regulations in effect at any given time.
The consolidated monthly Cost to Company (CTC) stands at approximately Rs. 2.30 lakhs, Rs. 2.80 lakhs, and Rs. 3.30 lakhs for MMG/S-II, MMG/S-III, and SMG/S-IV, respectively, in Mumbai. It is important to note that the specific allowances may vary depending on the assigned location of the Officer.
BOB Recruitment 2024 Selection Process
The selection process for the BOB Recruitment 2024 may involve various assessments such as online tests, psychometric evaluations, or other suitable examinations. Successful candidates from the initial online test will proceed to Group Discussion and/or Interview stages. In cases where the number of applications is significantly high or low, the Bank retains the right to modify the shortlisting criteria and interview procedures.
Depending on its discretion, the Bank may opt for a mix of Multiple Choice, Descriptive, Psychometric Tests, Group Discussions, Interviews, or other selection methods for this role. Additionally, the Bank reserves the authority to evaluate a candidate’s suitability for positions other than their original application, provided they meet the required eligibility criteria. Furthermore, if necessary, the Bank may merge similar positions into a single role.
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