BOB Recruitment 2024: Apply Online for 168 Posts, Eligibility, Online Application, Last Date: 2.7.2024
Bank of Baroda has recently made an announcement regarding the recruitment process for the upcoming 2024 batch. Those who hold qualifications such as 10th/ 12th/ Diploma/ Bachelor’s Degree/ Master’s Degree in a related field are invited to apply online. The application procedure will take place exclusively on the official website, with submissions accepted from 12th June 2024 to 2nd July 2024.
The official recruitment notice provides detailed information on the selection process, examination dates, and other important particulars. For a step-by-step guide on how to apply for Bank of Baroda’s Regular and Contract Basis Recruitment 2024, please read on until the conclusion of this post. It encompasses all the essential information needed to apply for Bank of Baroda Bharti 2024.
Important Dates for BOB Recruitment 2024
| 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 |
Application Fees for BOB Recruitment 2024
The BOB Recruitment 2024 application process entails specific fees for candidates based on their respective categories. General, EWS, and OBC applicants must remit a fee of Rs.600/- in addition to relevant taxes and payment gateway charges. Conversely, SC, ST, PWD, and female candidates are subject to a reduced fee of Rs.100/- along with applicable taxes and payment gateway charges. It is crucial to understand that this application fee is non-refundable, irrespective of the conduct of an online examination or selection for an interview. This fee constitutes an obligatory component of the application procedure for all candidates.
Location of Posting BOB Recruitment 2024
The Bank will decide the posting locations for positions 1 to 6 based on operational requirements. Successful candidates may work at different offices or branches across India. On the other hand, roles 7 and 8 will be stationed in Mumbai. It is crucial to understand that those chosen for these positions may be transferred to any branch or office countrywide at the Bank’s discretion.
Vacancy Details of BOB Recruitment 2024
| 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 |
Age Restriction for BOB Recruitment 2024
| 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 varies for different categories in terms of the Upper Age Limit. Scheduled Caste and Scheduled Tribe individuals are granted a 5-year relaxation each. Other Backward Classes (Non-Creamy Layer) are allowed a relaxation of 3 years. Persons with Disability have different relaxation periods based on their category: General/Economically Weaker Section (EWS) – 10 years, OBC – 13 years, SC/ST – 15 years.
Ex-servicemen, which include Commissioned Officers such as Emergency Commissioned Officers (ECOs)/Short Service Commissioned Officers (SSCOs), who have served a minimum of 5 years in the military and were discharged honorably, can benefit from relaxations of 5 years for Gen/EWS, 8 years for OBC, and 10 years for SC/ST categories. Furthermore, individuals impacted by the 1984 riots are given a relaxation of 5 years.
Educational Qualifications for BOB Recruitment 2024
Candidates applying for the BOB Recruitment 2024 positions must possess specific educational qualifications as outlined below:
- Forex Acquisition & Relationship Manager: Candidates are required to hold a bachelor’s degree in any discipline along with a postgraduate degree or diploma focusing on marketing or sales.
- Credit Analyst (MMG/S-II): Eligible candidates must have a bachelor’s degree in any field and a Chartered Accountant qualification.
- Credit Analyst (MMG/S-III): Candidates must possess a bachelor’s degree in any field and a specialized postgraduate degree in finance, or relevant qualifications such as CA, CMA, CS, or CFA.
- Relationship Manager: The fundamental requirements include a bachelor’s degree in any discipline and a postgraduate degree or diploma specializing in finance (minimum one-year program). Additionally, preferred qualifications consist of CA, CFA, CS, or CMA certifications.
- Senior Manager Business Finance: Candidates should have a bachelor’s degree in any field and either a Chartered Accountant qualification or a postgraduate degree/diploma in finance.
- Chief Manager Internal Controls: Applicants must hold a bachelor’s degree in any field and a Chartered Accountant qualification. Preference will be given to candidates with DISA/CISA certification.
Salary Structure BOB Recruitment 2024
The 2024 recruitment information from BOB provides a comprehensive overview of the Salary Structure Scale of Pay, which is subject to occasional updates. In the Middle Management Grade Scale II (MMGS II), the salary kicks off at Rs. 64,820 and progresses with increments of Rs. 2,340 up to Rs. 67,160, then rises by Rs. 2,680 across 10 stages to reach Rs. 93,960.
Transitioning to the Middle Management Grade Scale III (MMGS III), the salary begins at Rs. 85,920 and, with five increments of Rs. 2,680, peaks at Rs. 99,320, then advances by Rs. 2,980 through two stages to hit Rs. 105,280. For the Senior Management Grade Scale IV (SMG/S-IV), the salary begins at Rs. 102,300, increases by Rs. 2,980 over four stages to hit Rs. 114,220, then elevates by Rs. 3,360 over two stages to cap at Rs. 120,940.
The total monthly Emoluments offered at the initial level of MMG/S-II, MMG/S-III, and SMG/S-IV encompass a variety of components including Dearness Allowance (DA), Special Allowance, House Rent Allowance (HRA), City Compensatory Allowance (CCA), in addition to supplementary benefits like accommodation facilities, Conveyance, Medical Aid, Leave Travel Concession (LTC), and more, in accordance with the Bank’s prevailing regulations.
The consolidated monthly Cost to Company (CTC) stands approximately at 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 should be noted that specific allowances may vary based on the Officer’s assigned location.
Selection Process for BOB Recruitment 2024
The BOB Recruitment 2024 selection process may encompass a range of assessments, including online tests, psychometric evaluations, or other relevant examinations. Candidates who excel in the initial online test will advance to the Group Discussion and/or Interview phases. In situations where the volume of applications is notably high or low, the Bank holds the prerogative to adjust the shortlisting criteria and interview processes.
At its discretion, the Bank may combine Multiple Choice, Descriptive, Psychometric Tests, Group Discussions, Interviews, or alternative selection techniques for this position. Moreover, the Bank maintains the right to assess a candidate’s suitability for positions beyond their original application, provided they satisfy the necessary eligibility standards. Additionally, if needed, the Bank may consolidate similar positions into a unified role.