BOI Credit Officer Recruitment 2022: Eligibility, Exam Pattern and Syllabus


The Bank of India Credit Officer recruitment 2022 is underway. The notification has been released for filling up 484 vacancies for the post of Credit Officer. We hope that you have already applied for the BOI Credit Officer exam 2022 as the application window will remain open only till May 10, 2022.

In this article, we will discuss the BOI Credit Officer eligibility criteria, exam pattern, syllabus and preparation strategy. Therefore, if you’re appearing for the BOI Credit Officer 2022 exam, please stay till the end to make sure that you don’t miss out any important information.

BOI Credit Officer Recruitment 2022: Eligibility, Exam Pattern and Syllabus


BOI Credit Officer 2022: Eligibility Criteria

Before applying for any exam, it is essential to go through the eligibility criteria for the post you are applying for. The BOI Credit officer eligibility criteria as outlined in the Bank of India notification 2022 is as follows-

Eligibility Criteria (as on December 01, 2021)Details
Educational Qualifications A Degree (Graduation) in any discipline with minimum 60% marks along with “MBA/PGDBM/PGDM/PGBM/ PGDBA with specialization in Finance / Banking and Finance from institute of repute (two/three year programme)” / Post-graduation degree in Commerce/ Science /Economics. 

(candidates appearing in the final year of examination of “MBA/PGDBM/PGDM/ PGBM / PGDBA with specialization in Finance / Banking and Finance from institute of repute (two/three year programme)” / Post-graduation degree in Commerce/ Science / Economics are eligible to apply, However their final result should be declared on or before 31th March. 2022.) 


CA / ICWA / CS A certification in computer course for minimum three months OR Information Technology or related paper as one of the subjects at graduation level or afterwards, is a must.

Note- No work experience is required for this post.
Age The age of the candidates must be between 20 to 30 years.
Age RelaxationSC/ST- 5 years
OBC NCL- 3 years
PwBD- 10 years
Ex-Servicemen- 5 years
Persons affected by 1984 riots- 5 years

Also See: Bank of India Credit Officer Recruitment Notification 2022

BOI Credit Officer 2022: Exam Pattern

Understanding the BOI Credit Officer exam pattern thoroughly will surely work in your favour. This is because you will be able to identify your strong and weak subjects. Moreover, you will get an overview of the weightage and distribution of marks for each subject. This will help you in devising a preparation strategy as per your strengths and weaknesses. Furthermore you will be able to understand-

Bearing this in mind, let’s understand the BOI Credit Officer exam pattern in detail. The Bank of India selection procedure comprises of two phases-

Online Test Exam Pattern

The  BOI Credit Officer exam pattern is as follows–

Name of TestMaximum Marks Duration
English Language50
Professional Knowledge100Composite Time of 150 minutes
General Awareness with special reference to Banking Industry25

Note- there will be a negative marking of 1/4th marks for every wrong answer.


  • The Interview will carry a total of 100 marks.
  • Candidates who secure the minimum qualifying marks and rank sufficiently high in the merit list  in the Online Test will be called for the Interview and/or GD.
  • Minimum qualifying marks for UR/EWS category will be 40% and for SC/ST/OBC/PwBD will be 35%.
  • Candidates will be called for the Interview in the ratio of 3:1 to the total number of vacancies.

BOI Credit Officer 2022: Syllabus 

Another crucial step in your BOI Credit Officer 2022 exam preparation is to have a proper knowledge of the BOI Credit Officer syllabus. This will help you kick-start your exam preparation as it acts like a rough blueprint of what’s important. While going through the syllabus, you will also realise which topics you need to devote more time to as per the weightage mentioned in the BOI Credit Officer exam pattern.

Let’s look at the BOI Credit Officer syllabus in detail- 

Subject Topics 
English Language Articles,
Verb Agreement,
Idioms and Phrases,
Error Corrections,
Sentence Arrangements,
Fill in the blanks,
Unseen Passages,
Error Correction
General Awareness with special reference to Banking IndustryBanking & Financial Awareness,
Monetary Policies,
Economic Terms,
Current Affairs,
Static GK,
Financial & Economics News,
Government Schemes,
Agreement & Deals,
Banking terms, rates, processes
Professional Knowledge (Financial Management)Accounting Concepts:

Marginal Costing,
Social Accounting,
Absolute Costing,
Cost Volume Profit Analysis,
Activity-based Costing,
Inventory valuation,
Cost Sheet and work,
Target Costing,
Transfer pricing,
Overview of Cost Accounting Guidelines of SEBI

Corporate Accounting:

Insurance of shares,
Divisible Profits and Bonus Issues,
Dividend Distribution,
Final Accounts Factories Act,
Underwriting, Valuation of Goodwill and shares, Capital, Issues, Forfeiture, and Reissues of shares,
Accounting for Amalgamation companies,
Issues and Redemption of Debentures,
Acquisition of Business and profits before Incorporation

Business Law:

Provident Fund,
Industrial Dispute Act,
Labor Law,
Process Costing,
Negotiable Instruments,
Gratuity Act,
Redemption of preference shares,
Partnership act,
Contract act,
Marginal Cost and Cost Volume Profit

Management Accounting:

Ratio Analysis,
Cash Flow Statement,
Budgeting and Budgetary Control,
Capital Market,
Sources of Finance,
Capital Structure,
Company Law Analysis,
Standard Costing and various Analysis,
Capital Budgeting

Capital Structure:

Cost of capital,
Funds flow statement,
Sources of Finance,
Job and Batch Costing,
The material, Labor cost, and Overhead cost,
Financial Statement Analysis,
Sources of finance,
Process Costing, Contract Costing,
Budgeting and Budgetary Control


Micro and Macro Economics concepts,
Updates related to money market and RBI Policies,
Money Market

Basic Accounting:

Principle and concepts of Accounting,
How the RBI, IRDA, and SEBI works – Functioning

Also See: BOI Credit Officer Books

BOI Credit Officer 2022: Preparation Strategy

Several questions come to a candidate’s mind when they start their preparation for any competitive/government exam like-

  • How to start the exam preparation?
  • What sources to follow for exam preparation?
  • Can competitive/government exams be cracked in the first attempt?
  • What approach to follow for exam preparation?

These are some of the questions from an endless list that every candidate faces while preparing for any competitive exam. However, there is no need to get overwhelmed, we have got your back.

Given below are some pointers that will help you in your BOI Credit Officer exam preparation-

Make a Timetable

The first step is to make a reasonable and achievable timetable that you can follow without stressing and overburdening yourself. Keep modifying it as per your needs and requirements. It should be made after a thorough analysis of the exam pattern and syllabus. Furthermore, the timetable should be designed in such a manner that enables you to devote equal time to all subjects/topics. This will also improve your time management.

Clear Your Concepts

Always try to understand the basic concepts first as most of the questions will test your basics. This will help you in answering questions accurately on the day of the exam.

Revise Revise Revise

Revision is the key to acing any competitive exam. Often, candidates focus on understanding the topics while studying, however, due to a lack of revision, they end up forgetting the concepts. Therefore, revising everyday is essential.

Mock Tests

Any exam preparation is incomplete without sufficient practice and therefore, mock tests play a crucial part in your exam preparation. You can take ixamBee’s Bank of India Credit Officer free mock tests on a regular basis to understand the types of questions asked. Moreover, the mock tests will assist you in identifying your weak areas and judge your preparation before the exam.

Previous Year Question Papers

A quick glance of the BOI Credit Officer previous year question papers will help you identify the core topics and peripheral topics. Moreover, it will enable you to narrow down the most important questions that you must practice and revise just before the exam.

Study with ixamBee

Online Course

Now that the Bank of India notification is out, there is no time to lose. Therefore, to help you prepare for the Bank of India Credit Officer 2022 exam, ixamBee is providing the Bank of India Credit Officer Online Course. Given below are some of the features of this course-

We wish you all the best!

At ixamBee you can find a number of Online Courses, GK updates in the form of BeePedia, as well as latest updates for Bank PO, Bank Clerk, SSC, RBI, NABARD and Other Government Jobs.

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