Bank of India came into existence in the year 1906 on the 7th of September and the bank was established by a group of eminent businessmen from the city of Mumbai. Until the year 1969, the bank was under private control and after this year, it was nationalized along with 13 other banks and now the bank occupies a premier position among the nationalized banks in the nation.

Recruitment by BOI:

Bank of India has called for applications from eligible candidates for the position of Incharge, SSPS on contractual basis and the details regarding the notification issued by the bank in this regard are given below:

Name of the Vacancy: Incharge, Star Swarojgar Prashikshan Sansthan

Number of Vacancies: Total number of vacancies is 43, which is divided among different categories of candidates as follows:

• SC – 06

• ST – 03

• OBC – 12

• General – 22

The position is going to be filled in different states by the bank like Jharkhand, Madhya Pradesh, Karnataka, Maharashtra, Orissa, Uttar Pradesh and West Bengal.

Remuneration: The monthly remuneration for the candidates selected for the position of Incharge will be fixed based on the following criteria:

Amount equivalent to the last salary drawn by the candidate in Public Sector Bank or SBI  less amount of pension to be drawn or that is being drawn by the candidate or Rs.30000 per month whichever is lesser.

Eligibility requirements:

To apply for the position of Incharge, candidates should fulfill any of the following requirements:

• Should be retired bank officer, who have worked in Grade Scale – III in middle management cadre in Bank of India or any other public sector bank or SBI. Even candidates retired on VRS are eligible to apply

• Should have service in BOI/any other PB Bank or/and SBI for minimum 20 years of which at least 15 years should be in officers cadre

• Should have worked as branch manager in any scale in rural branch for a minimum of three years

• Should not be more than 65 years of age as on the 1st of November 2011

• Should be well conversant in the local language of any of the states mentioned above

• Should be PG/degree holders from an university recognized by the UGC and preference will be given to candidates with higher qualification

• Should possess satisfactory service certificate from the employer with whom the candidate has worked for the past three years

Process of recruitment:

Selection of candidates will be based on performance in interview.

Application fee:

Application fee of Rs.300 will be received by any branches of Bank of India only through challan given in the notification page at http://www.bankofindia.com/career.aspx and the last date for payment of fee is 26th of November 2011.

How to apply:

Application should be made through the website of Bank of India online at www.bankofindia.co.in by clicking on the link called ‘click apply on-line in the page http://www.bankofindia.com/career.aspx and online application can be submitted from 09th November to 28th November 2011

Last date to submission of online application: 28th of November 2011

For detailed notification download notification page from http://www.bankofindia.com/career.aspx