The Central Bank of India, one of the leading public sector banks in the country, has announced the recruitment of Credit Officers in Junior Management Grade Scale-I (JMGS-I). Candidates selected for this post will be required to undergo a one-year Post Graduate Diploma in Banking & Finance (PGDBF) before being inducted into the bank.
Vacancy Details The total number of vacancies announced is 1000. The category-wise distribution is as follows:
| Category | SC | ST | OBC | EWS | General | Total |
|---|---|---|---|---|---|---|
| Vacancies | 150 | 75 | 270 | 100 | 405 | 1000 |
Additionally, 40 vacancies are reserved for Persons with Benchmark Disabilities (PWBD).
Salary Structure Selected candidates will be appointed as Assistant Managers in JMGS-I with the following pay scale:
| Grade | Basic Pay |
| JMGS-I | Rs. 48,480 – Rs. 85,920 per month |
Eligibility Criteria Candidates applying for this position must meet the following criteria:
| Criteria | Details |
| Nationality | Indian citizens, or certain specified categories of foreign nationals |
| Age Limit | 20-30 years (as on 30.11.2024) |
| Educational Qualification | Graduation with 60% marks (55% for SC/ST/OBC/PWBD) |
Selection Process The selection process consists of an online test followed by an interview. The exam pattern is detailed below:
| Section | No. of Questions | Marks | Time |
| English Language | 30 | 30 | 25 min |
| Quantitative Aptitude | 30 | 30 | 25 min |
| Reasoning Ability | 30 | 30 | 25 min |
| General Awareness (Banking) | 30 | 30 | 15 min |
| Descriptive Test (Essay & Letter) | 2 | 30 | 30 min |
| Total | 122 | 150 | 120 min |
Course Details Candidates must complete the one-year PGDBF course, which includes:
- 9 months of classroom training
- 3 months of on-the-job training
The course fee is estimated to be between Rs. 3-4 lakhs, which can be self-financed or funded through an education loan.
Important Dates
| Event | Date |
| Online Application Start | 30.01.2025 |
| Last Date to Apply | 20.02.2025 |
| Exam Date | To be announced |
How to Apply Candidates can apply online via the official website: Central Bank of India
FAQs
- What is the last date to apply?
The last date to submit applications is 20th February 2025. - What is the salary offered for this role?
The basic salary ranges from Rs. 48,480 to Rs. 85,920 per month. - Is there any course requirement before joining?
Yes, candidates must complete a one-year PGDBF course. - Can I apply if I have less than 60% in graduation?
Yes, but only if you belong to SC/ST/OBC/PWBD categories (minimum 55% required). - What is the mode of selection?
The selection process includes an online test followed by an interview.