Bank of India (BOI) Credit Officer Salary 2026
The Bank of India Credit Officer salary follows a structured pay scale that reflects responsibility and seniority. At the Middle Management level, Grade Scale II offers a starting pay of ₹64,820 with annual increments, reaching up to ₹93,960.
Credit Officers in the GBO stream under Grade Scale III begin at ₹85,920 and can progress to ₹1,05,280 through defined increments. Senior Management officers in Grade Scale IV receive a larger scale, starting at ₹1,02,300 and extending to ₹1,20,940.
Along with basic pay, officers are eligible for allowances, benefits, and performance-linked growth.. Have a detailed insight into Bank of India Credit officer 2026 salary from the table below.
| Post | Scale / Grade | Scale of Pay |
|---|---|---|
| Credit Officers (GBO Stream) |
Middle Management Grade Scale-II | 64820 – 2340 (1) – 67160 – 2680 (10) – 93960 |
| Middle Management Grade Scale-III | 85920 – 2680 (5) – 99320 – 2980 (2) – 105280 | |
| Senior Management Grade Scale-IV | 102300 – 2980 (4) – 114220 – 3360 (2) – 120940 |
Bank of India (BOI) Credit Officer Bond Period
Candidates selected as Credit Officers in Bank of India are required to submit a security deposit at the time of joining. This deposit serves as a service commitment and is refundable after the completion of three years of satisfactory service.
Officers appointed in Middle Management Grade Scale II must deposit ₹2,00,000, while officers in MMGS III and above are required to deposit ₹3,00,000. If an officer resigns or leaves the bank before completing the mandatory three-year period, the deposited amount will be forfeited. This condition ensures continuity and stability in key operational roles within the bank.
| Post | Maximum Marks | Duration |
|---|---|---|
| Officers in MMGS-II | Rs. 2,00,000 | 3 years |
| Officers in MMGS-III | Rs. 3,00,000 | 3 years |
| Officers in SMGS-IV | Rs. 3,00,000 | 3 years |
Bank of India (BOI) Credit Officer Job Profile
Selected as a BOI Credit Officer you will have various roles and responsibilities to perform. Some of the duties that you need to perform are mentioned below.
