Bank of India Recruitment 2024: Apply for Internal Ombudsman Post

The Bank of India (BOI) has announced its recruitment drive for 2024, inviting eligible candidates to apply for the position of Internal Ombudsman. This is a contractual role with only one vacancy available. The selected candidate will work from the bank’s Head Office in Mumbai and receive a monthly salary of ₹1,70,000. Here’s everything you need to know about this opportunity, including the application process, eligibility, and selection criteria.

Post Name and Vacancy for Bank of India Recruitment 2024

Available Position

• Post Name: Internal Ombudsman
• Number of Vacancies: 1

This exclusive opportunity is suitable for retired or serving officers meeting the eligibility criteria outlined below.

Age Limit for Bank of India Recruitment 2024

Candidates applying for this position must ensure they meet the age requirements:

• Maximum Age: 70 years (by the end of the 3-year tenure)
• Upper Limit at Start: 67 years (as of 01.12.2024)

Experience Required for Bank of India Recruitment 2024

Applicants must fulfill the following experience-related criteria:

• Retired or serving officers at the General Manager rank from a bank, financial regulatory body, or related organization, excluding Bank of India.
• A minimum of 7 years’ experience in fields such as banking, non-banking finance, regulation, supervision, payment systems, or consumer protection, as per RBI guidelines.
• Candidates should not have any prior association with Bank of India or its related entities in any capacity.

Salary for Bank of India Recruitment 2024

Selected candidates will receive the following benefits:

• Monthly Salary: ₹1,70,000 (subject to applicable taxes)
• Additional Benefits:
  • Car with driver (as per General Manager eligibility)
  • Mobile allowance (as per General Manager eligibility)

Tenure and Place of Posting for Bank of India Recruitment 2024

• Contract Duration: 3 years, non-renewable
• Location: Head Office, Mumbai
• Termination Clause: Either party may terminate the contract with a 3-month notice period.

Selection Process for Bank of India Recruitment 2024

The selection process involves the following stages:

1. Shortlisting: Candidates meeting the eligibility criteria will be shortlisted.
2. Interview: Final selection will be based on performance in the interview, evaluated by the committee.

How to Apply for Bank of India Recruitment 2024

Follow these steps to apply:

1. Download Application Form: Visit the official Bank of India website and download the application form.
2. Fill in the Details: Complete the form in the prescribed format.
3. Submit Physical Copy:
   • Address it to:
     Chief General Manager
     Bank of India, Human Resources Department, Recruitment Division, 9th Floor, Star House, Plot C-5, “G” Block, Bandra-Kurla Complex, Bandra (E), Mumbai – 400051.
   • Mention “Application for the post of Internal Ombudsman (IO) on a contractual basis in Bank of India” on the envelope.
4. Email Submission: Send a scanned copy of the application to [email protected] (maximum file size 4 MB).
5. Deadline: Applications must reach by 31.12.2024.

Note: Late or incomplete applications will not be entertained.

The Bank of India Recruitment 2024 is a prestigious opportunity for experienced banking professionals. With attractive compensation, a well-defined tenure, and a central location in Mumbai, this role offers a chance to contribute meaningfully to the banking sector. Ensure your application is complete and submitted by the deadline to be considered for this unique position.

FAQs

Q1. How do I apply for the Bank of India Recruitment 2024?

Ans: Submit your application via post and email as per the instructions mentioned above.

Q2. What is the last date to apply?

Ans: Applications must be received by 31.12.2024.

Q3. How many vacancies are there?

Ans: There is only 1 vacancy for the Internal Ombudsman position.

Q4. Who is eligible for this position?

Ans: Retired or serving officers at the General Manager rank from other banks or regulatory bodies, with relevant experience.