Central Bank of India SO Recruitment 2021: 115 Vacancies, Apply Online & More

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Central Bank of India SO Recruitment 2021

The Central Bank of India Recruitment 2021 for Specialist Officers has been released. The notification invites eligible candidates to apply for 16 Specialist Officer posts. If you are eligible and interested, you can send in your application between November 23, 2021 and December 17, 2021.

Central Bank of India SO 2021 Exam Calendar

You are advised not to wait for the last date and fill the online application form of Central Bank of India SO as soon as possible to avoid any problems. Moreover, if you complete the application at the earliest, you can focus all your attention on your preparation.

Take a look at the important dates for the recruitment process for selection of Officers in Specialist Category in various streams provided below.

Opening Date for On-line Registration November 23, 2021
Closing Date for On-line RegistrationDecember 17, 2021
Downloading of Call Letters for Test (Tentative)January 11, 2022
Date of On-line Examination (Tentative) January 22, 2022

Central Bank of India SO 2021 Vacancy

A total of 115 vacancies have been released for 16 Specialist Officer posts. Details of the stream/scale/vacancy are as follows:- 

Category Scale TOTAL
Economist 1
Income Tax Officer 1
Information Technology 1
Data Scientist IV 1
Credit Officer III 10
Data Engineer III 11
IT Security Analyst III 1
IT SOC Analyst III 2
Risk Manager III 5
Technical Officer(Credit) III 5
Financial Analyst II 20
Information Technology II 15
Law Officer II 20
Risk Manager II 10
Security II 3
Security 9
Total 115

Please note, the number of vacancies is provisional and may be subject to change depending upon the requirement of the Bank. 

Central Bank of India SO Recruitment 2021 Eligibility Criteria

It is of paramount importance that you check your eligibility before you move ahead with any part of the application process. Kindly study the details provided below carefully.

Age

Age Requirement as on September 30, 2021.

Post / Scale Age 
Economist/AGM-Scale VMinimum age: 30 years  
Maximum age: 45 years
Income Tax   Officer/AGM-Scale VMinimum age: 35 years  
Maximum age: 45 Years
Information Technology/AGM-Scale VMinimum age: 35 years 
Maximum age: 50 years
Data Scientist/CM – Scale IVMinimum age: 28 years  
Maximum age: 35 years
Credit Officer/SM – Scale IIIMinimum age: 26 Years  
Maximum age: 34 Years
Data Engineer/SM – Scale IIIMinimum age: 26 Years 
Maximum age: 35 Years 
IT Security Analyst/SM – Scale III Minimum age: 26 Years 
Maximum age: 40 Years
IT SOC Analyst/SM – Scale IIIMinimum age: 26 Years 
Maximum age: 40 Years
Risk Manager/SM– Scale IIIMinimum age: 20 Years  
Maximum age: 35 Years
Technical Officer (Credit)/SM– Scale IIIMinimum age: 26 Years 
Maximum age: 34 Years
Financial Analyst/Manager –  Scale IIMinimum age: 20 years  
Maximum age: 35 years
Information Technology/Manager– Scale IIMinimum age: 20 years  
Maximum age: 35 years
Law Officer/Manager–  Scale IIMinimum age: 20 years  
Maximum age: 35 years
Risk Manager/Manager– Scale IIMinimum age: 20 years  
Maximum age: 35 years
Security/Manager– Scale IIMinimum age: 26 years  
Maximum age: 45 years
Security/AM– Scale IMinimum age: 26 years  
Maximum age: 45 years

The Central Bank of India SO recruitment 2021 will provide age relaxation in the upper age limit for candidates belonging to the reserved category.

Education & Work Experience

Post / Scale EducationWork Experience
Economist/AGM-Scale VPhD in any one of the following  subjects 
a) Economics 
b) Banking 
c) Commerce 
d) Economic Policy 
e) Public Policy
Minimum 5 years work  experience in Commercial bank  or any other PSUs.
Income Tax   Officer/AGM-Scale VChartered Accountant (preferably  passed in one attempt)Minimum 10 years post  qualification experience (as on  30.09.2021) in the field of Direct  Taxation -Supervisor in any  Financial Institution/ PSU Bank/  Private sector banks/ Big four  CA firm/ category 1 Chartered  Accountant firm prescribed for  Bank audit as per RBI  guidelines.
Information Technology/AGM-Scale VCompulsory:  
a. Full-time Master’s or  Bachelor’s degree in  Engineering disciplines like  Computer Science/  Information Technology/  Electronics & Communication or Master’s in Computer  Application from a University/  Institute recognized by  Government of India or its  Regulatory bodies OR 
b. Full time Master’s or  Bachelor’s degree in Data  Analytics/AI &  ML/Digital/Internet  
Technologies from a  reputed/recognised  
university/Institute 

Desirable:  
a. Certification/Diploma/ 
Degree in any area  
related to Digitization  
like Digital  
Transformation, Digital  
Product Management  
etc. OR
b. Certification in Data  Analytics/AI &  
ML/Digital/Internet  
Technologies from a  
reputed/recognised  
university/Institute.
a. Minimum 10-12 years‟  experience in a similar  
role in designing and  
launching digital  
products/platforms in  
BFSI Sector or Fintech  
companies.

b. Proven track record of  implementing digital  
transformation  
projects/Digital  
Marketing.

c. Should have an  
innovative mindset.

d. Experience in Managing  and Leading Digital 
Team
Data Scientist/CM – Scale IVPost Graduate Degree in  Statistics/Econometrics/Mathematics/Finance/Economics/ Computer Science or B.E./B.Tech in  Computer Science/IT from Indian  University/Institute recognized by  Govt. Bodies/AICTE.Minimum 8-10 Years of  relevant post qualification  experience in the area of Data  Analytics/Data Science/Data  Statistics/Data Mining in  commercial Bank/financial  companies/financial services  organizations/IT services  companies with financial  domain.
Credit Officer/SM – Scale IIICA / CFA / ACMA/,  
OR,
MBA(Finance), MBA finance  should be from recognized college  / institute completed full time  regular course. 
Additional qualification  preferably: JAIIB&CAIIB
CA/CFA/ ACMA – 3 years &  above (Post Qualification  Experience) of PSBs, FIs, Credit  Rating Agencies & NBFCs  (AUM Rs.10000 crore) in  Corporate Credit Appraisal /  Assessment.
 
For MBA(Finance) – 4 years &  above (Post Qualification  Experience) of PSBs, FIs, Credit  Rating Agencies & NBFCs  (AUM Rs.10000 crore) in  Corporate Credit Appraisal /  Assessment.
Data Engineer/SM – Scale IIIPost Graduate Degree (or  equivalent Diploma) in  Statistics/Econometrics/Mathematics/Finance/Economics/ Computer Science or B.E./B.Tech in  Computer Science/IT from Indian  University/Institute recognized by  Govt. Bodies/AICTE.Minimum 5 Years of relevant  post qualification experience in  the area of Data Analytics/Data  Science/Data Statistics/Data  Mining in commercial  Bank/financial  
companies/financial services  organizations/IT services companies with financial  domain.
IT Security Analyst/SM – Scale III Engineering Graduate in Computer  Science/ IT/ ECE or MCA/  M.Sc. (IT)/ M.Sc. (Computer  Science) from recognized  
University/ Institute.  

Certification (Compulsory): CISA/ CISSP/ CISM/ CRISC/ CEH certification
Minimum 6 years’ of post basic  qualification experience in IT,  out of which minimum 3 years  in Ethical Hacking/ Red  Teaming/ Threat Hunting/ VAPT/ Application Security/ Digital Forensic Analysis.
IT SOC Analyst/SM – Scale IIIEngineering Graduate in Computer  Science / IT / ECE or MCA /  M.Sc. (IT) / M.Sc. (Computer  Science) from recognized  
University / Institute.  

Certification (Compulsory): CISA / CISSP / CISM / CRISC  /CEH certification
Minimum 6 years’ of post basic  qualification experience in IT, out of which minimum 3 years in SOC operations like Event  Analysis, Rule creation, automation, Asset Integration, Incident management,  Monitoring and compliance.
Risk Manager/SM– Scale IIIMBA in  Finance or/& banking or its  equivalent/Post Graduate  Diploma in Banking or/&  Finance/Post Graduate  Diploma in Banking & Finance or its equivalent/Post Graduate  in StatisticsExperience – Minimum 3 years  post qualification experience in Risk Management / Credit / Treasury / ALM
Technical Officer (Credit)/SM– Scale IIIDegree in Engineering in Civil/  Mechanical/Production/Metallurgy /Textile/Chemical.3 Years’ experience in TEV  study/Project appraisal with  Banks/FIs.
Financial Analyst/Manager –  Scale IIA pass in final examination of the  Institute of Chartered Accountants  of India (ICAI)/ Institute of Cost  and Works Accounts of India  (ICWAI) or MBA with  specialization in Finance from a  reputed institute.For CA/ICWA Candidates – NIL 

For Candidates with MBA  (Finance) – 3 years‟ experience  as an officer in a Public Sector  Bank/ Undertaking in the  reputed field.
Information Technology/Manager– Scale II3 years Engineering Degree in  Computer Science/Computer  Applications/Information  
Technology/Electronics/  
Electronics and  telecommunications /Electronics  and Communications /Electronics  and Instrumentation  
OR,
Post graduate degree in  Electronics / Electronics &  Telecommunication / Electronics  & Communication/ Electronics &  Instrumentation/ Computer  Science/ Information Technology/  Computer Applications from a  University/Institution/Board  
recognized by Government of  India /approved by Government  registered body.  
OR,
Graduate having passed DOEACC  “B” level
Post Qualification Work  
Experience – 2 years in IT field.
Law Officer/Manager–  Scale IIA Bachelor Degree in Law (LLB)Post Qualification Experience:
Enrolled as an advocate with Bar Council and 3 years’ experience  of practice at Bar or Judicial  service and/or 2 years as a Law  Officer in the Legal Deptt. of a  Schedule Commercial Bank or  the Central/State Government or  of a Public Sector Undertaking  and candidates should produce a certificate of having the requisite  post qualification work  experience from the Court/Bar council/ organization.
Risk Manager/Manager– Scale IIMBA/Post Graduate Diploma in  Banking / & Finance /Post  Graduate in Statistics/Math/ Post  Graduate Diploma in Banking &  Finance with aggregate of at least 60% marks from Indian  University/Institute recognized by  Govt. Bodies/AICTE.  

Additional Preferable Professional  Qualification: FRM/CFA/Diploma  in Risk Management
Minimum 2 Years of post qualification experience in Risk  Management/Credit/Treasury /ALM
Security/Manager– Scale IIShould be a Graduate. 
Medical Category- Shape  1/equivalent (as mentioned in  discharge orders/relevant  documents). 

Computer Literacy: Operating and  working knowledge in computer  system like MS  Office(Word, Excel, PPT etc.)
Ex-Commissioned Officers of  the Rank of Captain or above  from Indian Army with  
minimum 5 years‟ service or  equivalent rank from Air Force, Navy and Para Military Forces.
Security/AM– Scale IBachelor’s degree in any field
Medical Category- Shape  1/equivalent (as mentioned in  discharge orders/relevant  documents). 

Computer Literacy: Operating and  working knowledge in computer  system like MS  Office(Word, Excel, PPT etc.)
Ex-Junior Commissioned  Officers with minimum 5 years‟  service as JCO in Indian Army  or equivalent rank from Air  Force, Navy and Para Military  Forces.

Central Bank of India 2021 Selection Procedure

The selection process for Central Bank Of India SO recruitment 2021 will take place in two stages- an online objective exam followed by an Interview.

Written Examination

  • The online written exam consists of three sections with 100 questions and a time limit of 60 minutes.
  • All questions will be objective type with  five options.
  • The test can be taken in Hindi or English
  • For every wrong answer there is a penalty of 0.25 or 1/4th of the marks assigned.
  • Further details are given in the table given below.

The structure of the Examination which will be conducted online is as follows: 

Name of the test No. Of  questionsMaximum  Marks
Stream / category Specific Questions 60 60
Computer Knowledge 20 20 
Banking, Present Economic Scenario &  General Awareness20 20
Total 100 100

Interview

Candidates who clear the written exam successfully will be invited for interview.

Central Bank of India SO Syllabus

Study the complete Syllabus for the Central Bank of India exam at ixamBee.

Central Bank of India SO Salary

Since Central Bank of India SO recruitment 2021 will take place for different posts in various streams so the salary varies. Candidates who make into the final merit list will be appointed in the scale or grade of JMGS I, MMGS II, MMGS III, SMGS IV and TMG V. Take a look at the details below.

GRADE or SCALE Pay Scale of Central Bank of India SO
JMG SCALE I 36000-1490(7)-46430-1740(2)-49910-1990(7)-63840
MMG SCALE II 48170-1740(1)-49910-1990(10)-69810
MMG SCALE III 63840-1990(5)-73790-2220(2)-78230
SMG SCALE IV 76010-2220(4)-84890-2500(2)-89890
TMG SCALE V89890-2500(2)-94890-2730(2)-100350

How to Apply For Central Bank Of India SO 2021

Central Bank of India SO is a good opportunity for all those who dream of making a career in the banking sector and therefore you should not miss any important information related to the online application/registration process. Given below are a few simple steps for the Central Bank of India SO application process:

  • Candidates can apply only online from 23.11.2021 to 17.12.2021. The application window is open.
  • Only online applications will be accepted.
  • Visit the IBPS official website of the and register yourself by clicking on “Click Here for New Registration”.
  • A provisional registration and password is generated which should be noted down.
  • Fill up your complete details in the application form by login again using the password and registration provided to you. Make sure the details are correct and verified.
  • Upload your scanned photograph and signature according to the dimensions mentioned in the official notification.
  • Submit your verified application form.
  • Pay the application fee through online mode by clicking on one of the online payment options and submit the exam fee. No other mode is acceptable.
  • Take out the print of the application form and online receipt for future use.

Application Fee

Sr. No. Category Application fee/ Intimation Charges
Schedule Caste/Schedule Tribe candidates ₹175 +18% GST
All Other Candidates ₹ 850 + 18% GST

Read the complete Central Bank of India Notification 2021 here.

Central Bank of India SO Mock Test

At ixamBee, you can take Central Bank of India SO free mock tests that will help you to review your preparation from time to time. Moreover, these mock tests are completely free.

If there is anything more you would like to know about the Central Bank of India SO exam 2021, you can find all the details on ixamBee.

Team ixamBee wishes you the very best.

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

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Assistant Manager- Content Development @ ixamBee. Himani has completed her PG in Earth Sciences and believes in educating, informing and cultivating readers through her writing. She wants to explore every field in life because she believes knowledge is limitless. She is a nature lover, traveller and explorer and believes in the saying - Never say, you do not have any choice, it's always your choice because no matter what age or what stage you are, you always have the freedom to go for your choice of career in life.She has cleared IBPS PO exam and reached up to interview stage.
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