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Highlights
The Central Bank of India SO recruitment 2024 has been released for the Financial Analyst posts. CBI has invited to recruit 09 Financial Analysts into its organization, including Scale II and Scale III level posts. You can apply for this stream between October 28 to November 19, 2023. It is an excellent opportunity if you wish to work with the Central Bank of India in the finance domain. Before proceeding further, let’s look at the highlights of the exam.
Central Bank of India SO 2024 Highlights
Conducting Body | Human Resourses Development Department (Recruitment and Promotion Division) |
---|---|
Official Website | www:centralbankofindia.co.in/ |
Name of the Posts | Specialist Officer
|
Mode of Application | Online |
Stages of Exam | Personal Interview |
Online registration including Editing/Modification of Application by candidates | October 28 to November 19, 2023 [Tentative] |
Downloading of Call Letter for Online Exam | 3 rd/4th Week of December 2023 |
Online Exam Dates | To be notified later |
Number of Vacancies |
|
[Click Here to downlaod CBI SO Official Notification PDF] |
Exam Pattern
The Central Bank of India SO exam pattern for the Financial Analyst Stream comprises of two stages, i.e., Online Exam and Personal Interview. In the Previous year, there was only one round of personal interview in the whole process of CBI SO recruitment. But this year the CBI SO 2024 notification revised the CBI SO Financial Analyst exam pattern.
- Online Exam
- Personal Interview
Online examination
The online exam of the CBI SO Finance Analyst profile comprises three sections, i.e., Computer Awareness, Banking/General Awareness, and Stream Specific questions. Here, the stream-specific section possesses questions related to the Finance section, and the rest of the two sections would be the test of your Bank Awareness and Computer knowledge. So, you should formulate your preparation strategy that will cover all the topics under these sections. It is essential for you to crack this stage in order to enable yourself to qualify for the interview stage of the CBI SO recruitment of finance Analysts. Refer to the table below to know about the exam pattern of the phase 1/Online exam of the CBI So Finance Analyst Recruitment.
Personal Interview
The final selection for the post of Financial Analyst will be done through the Central Bank Of India Financial Analyst Interview. Only fulfilling the eligibility criteria will not entitle any candidate to be called for the Interview. Moreover, based on the score gained in the online exam, educational qualifications are some aspects that decide your entry to the final round of personal interview of the CBI SO Finance Analyst recruitment. The date of the Interview will be provided in the CBI SO Financial Analyst call letter that will be released after the result of the phase 1 online exam will be out on the website.
Eligibility Criteria (As on September 30, 2024)
It is crucial to have required CBI SO (Financial Analyst) eligibility. As mentioned in the Central Bank of India SO notification 2024, you need to possess a pass certificate in the final examination of the Institute of Chartered Accountants of India (ICAI)/ Institute of Cost and Works Accounts of India (ICWAI) or MBA with a specialization in Finance from a reputed institute. Furthermore, you also require an experience of 3 years. It is NIL for CA/ICWA Candidates. Details for Central Bank Of India SO Financial Analyst educational criteria for Scale 2 officer has been mentioned below.
Post / Scale | Educational Qualification | Experience |
---|---|---|
Financial Analyst / Manager – Scale II |
|
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. |
Financial Analyst / Manager – Scale III |
|
For CA/ICWA Candidates – Minimum 1 year Post qualification experience in PSB/Private Bank/PSU. For MBA (Finance) candidates – Minimum 4 years‟ Post qualification experience as an officer in a PSB/Private Bank/PSU. (Candidates from NBFCs/RRBs / Cooperative Banks/Insurance sector either regular or part time shall not be eligible) |
Age Criteria (As on September 30, 2024)
The minimum age to apply for the post of Financial Analyst is 20 years. You need to lie within the Central Bank Of India Financial Analyst age limit so that your candidature is not cancelled at a later stage. The maximum age to apply for the same is 33 years. Detailed CBI SO Financial Analyst age criteria have been provided below.
Post / Scale | Age Criteria |
---|---|
Financial Analyst / Manager – Scale III | Maximum 35 years |
Financial Analyst / Manager – Scale II | Maximum 33 years |
Age relaxation (As on September 30, 2024)
Those candidates who belong to reserved categories can get the upper age relaxation as per government norms. The details of CBI SO Financial Analyst age relaxation can be inferred from the table provided below.
Category | Age Relaxation |
---|---|
Other Backward Classes (Non- creamy layer) | 3 years |
Scheduled Caste / Scheduled Tribe | 5 years |
Ex-Servicemen, Commissioned Officers including Emergency Commissioned Officers (ECOs)/ Short Service Commissioned Officers (SSCOs) who have rendered at least 5 years military service and have been released on completion of assignment (including those whose assignment is due to be completed within one year from the last date of receipt of application) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency or physical disability attributable to military service or invalidment, subject to ceiling as per Government guidelines | 5 years |
Persons affected by 1984 riots | 5 years |
Exam Calendar 2024
The Central Bank Of India SO Notification 2024 is out. The application window to fill the online CBI SO Financial Analyst application form is now open. The last date to apply is November 19, 2023. The CBI SO Financial Analyst Phase 1/ online exam is expected to take place in 3rd or 4th week of December 2024. For more details, look at the table below-
Central Bank of India SO Exam Dates 2024
Events | Tentative Dates |
---|---|
Online registration including Editing/Modification of Application by candidates | October 28 to November 19, 2023 [Tentative] |
Downloading of Call Letter for Online Exam | 3 rd/4th Week of December 2023 |
Online Exam Dates | To be notified later |
Online Exam Result | To be notified later |
Interview Dates | To be notified later |
Interview Result | To be notified later |
Vacancy 2024
Central Bank Of India has announced a total of 09 vacancies for the post of Financial Analyst that have been divided between scale II and scale III profiles. There are 4 vacancies for the Finance Analysts Scale II and 5 vacancies for the Finance Analyst Scale III. For the total breakup of the number of vacancies in Central Bank Of India SO Financial Analyst recruitment, check the table provided below.
Category | Scale | SC | OBC | EWS | GEN / UR | TOTAL | Out of which PWBD | ||||
---|---|---|---|---|---|---|---|---|---|---|---|
VI | HI | OC | ID | ||||||||
Financial Analyst | III | 0 | 0 | 1 | 0 | 4 | 5 | - | - | - | - |
Financial Analyst | II | 0 | 0 | 1 | 0 | 3 | 4 | - | - | - | - |
Salary
Central Bank of India Financial Analyst post is a Scale 2 post. It comes under MMG i.e. Medium Management Grade. As per the notification, the Central Bank Of India SO Financial Analyst pay scale is 48170-1740(1)-49910-1990(10)-69810. You will be on probation for two years if you get selected as a Central Bank Of India SO Financial Analyst officer. Besides getting a monthly salary you will be eligible for other perks and benefits as provided by the bank from time to time. The detailed Central Bank Of India Financial Analyst salary structure has been provided below.
Specialist Grade/Scale | Salary (Grade Pay) |
---|---|
Financial Analyst Scale II | 48170-1740(1)-49910-1990(10)-69810 |
Financial Analyst Scale III | 63840-1990(5)-73790-2220(2)-78230 |
Blogs
Blogs are one of the ways of receiving good information and knowledge. ixamBee is providing the following blogs related to the Central Bank of India SO (Financial Analyst) exam. These blogs are important from the exam point of view. You will definitely be benefitted from these blogs .
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Online Course
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Central Bank of India Specialist Officer Scale II Financial Analyst - Free Mock Tests
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