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Central Bank of India Recruitment for Credit Officer Positions through PGDBF Course

 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

Official Notification PDF

How to Apply Candidates can apply online via the official website: Central Bank of India


FAQs

  1. What is the last date to apply?
    The last date to submit applications is 20th February 2025.
  2. What is the salary offered for this role?
    The basic salary ranges from Rs. 48,480 to Rs. 85,920 per month.
  3. Is there any course requirement before joining?
    Yes, candidates must complete a one-year PGDBF course.
  4. 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).
  5. What is the mode of selection?
    The selection process includes an online test followed by an interview.

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