Mahashivratri Special: Use Code SHIVRATRI20

Claim Offer

Central Bank Of India Credit Officer In Junior Management Grade Scale I Recruitment 2025

Published on Friday, January 31, 2025

Central Bank of India has invites application from experienced professionals for the post of  Zone Based Officer Scale I  . Today we are providing a syllabus and exam pattern for the exam.

Important Dates

Particulars

Date

Opening Date for On-line Registration 

30.01.2025

Closing Date for On-line Registration 

20.02.2025

Download of call letters for Online Examination

Will be informed later

Tentative Date of Interview

Will be informed later

Number of Vacancies

Post / s

Minimum Age

Maximum Age (As on 30.11.2024)

Total Vacancies

Credit Officer in Mainstream (General Banking)

20

30

1000

 Note:Candidate must have been born not earlier than 30.11.1994 and not later  than 30.11.2004 (both dates inclusive).

Relaxation in Age Limit

S.No.

Category

Age Relaxation

a.

Schedule Caste / Scheduled Tribe

5 years

b.

Other Backward Class (Non-Creamy Layer)

3 years

c.

Persons with Benchmark Disability as defined under “The Rights of Persons with Disabilities Act, 2016”

10 years

d.

Widows, divorced women and women legally separated from their husbands who have not remarried.

Age concessions upto the age of 35 years for General /EWS, 38 years for OBC and 40 years for SC/ST candidates.

e.

Persons affected by 1984 riots

5 Years

Note: 
  • The relaxation in the upper age limit to SC/ST/OBC candidates is allowed on a cumulative basis. With only one of the remaining categories for which age relaxation is permitted as mentioned in Relaxation of upper age limit c to e. 
  •  The maximum age limit specified for General Category candidates will be applicable to Economically Weaker Category candidates.

Qualification (As on 30.11.2024)

Posts

Qualifications

Credit Officer- JMGS- I (Mainstream)

A Degree (Graduation) in any discipline from a University/Institute with 60% marks or equivalent grade (55% for SC/ST/OBC/ PWBD) recognized by the Govt. Of India or any equivalent qualification recognized as such by the Central Government. The candidate must possess a valid Mark-sheet / Degree Certificate that he/ she is agraduate on the day he/she registers and indicate the percentage of marks obtained in Graduation while registering online.

Note: All the educational qualifications mentioned should be from a University/ Institution/ Board recognized by Govt. Of India/ approved by Govt. Regulatory Bodies and the final result should have been declared on or before the cut-off date.

Probation & Bond Period  

During the classroom training period of 9 months, the candidates shall be paid a stipend of Rs 2,500/- per month. During the On-Job Training, the monthly stipend shall be Rs 10,000/-. The candidates shall be absorbed in Junior Management Grade Scale-I (JMGS-I) after the successful completion of their training program. The candidate will be on probation for a period of two years.

Credit History 

  • The candidate applying shall ensure that, they maintain a healthy Credit history and shall have a minimum CIBIL score of 650 or above at the time of joining of the Central Bank of India.
Note: Candidates with no bank account shall not be required to produce the CIBIL status. CIBIL Score requirement is not a pre-condition to apply.

Cut-Off Score  

Each candidate will be required to obtain a minimum score in each test of online examination and also a minimum total score to be considered for shortlisting. Depending on the number of vacancies available, cut-offs will be decided, and candidates will be shortlisted for further process. Prior to the completion of the interview process, scores obtained in the online examination will not be shared with the candidates shortlisted for interview. Decision of the bank in shortlisting and calling number of candidates for common interviews/ provisional allotment shall be final.

Admission Procedure for Post Graduate Diploma in Banking & Finance

After final selection of the candidates as above, they have to mandatorily pass the Post-Graduate Diploma in Banking & Finance (PGDBF) course of 1 year (9 month of classroom training & 3 months of On-Job Training) before getting inducted/absorbed in the Bank. During the course candidate must complete the Diploma in Banking and Finance (DBF)/JAIIB from IIBF. On successful completion of the course, the candidate will be awarded Post- Graduate Diploma in Banking & Finance and inducted into the Central Bank of India as a Credit Officer (on Probation) in Junior Management Grade Scale I.

Payment of Course Fee

The amount of course fee to be paid by the candidate and procedure of payment shall be informed later. Course Fee will include lodging, boarding expenses and education fee for whole 9 months to attain Post-Graduate Diploma in Banking and Finance and candidate will be given diploma certificate from the engaged Institute/University by the Bank. The course fee is tentatively between Rs 3.00 lacs-4.00 lacs exclusive of GST. 

Reimbursement of Course Fees

After the successful completion of 5 years in Bank by the officer, the Bank will reimburse the course fees only (excluding Interest & GST applicable on course fee) to the successful candidates. Only the course fee will be reimbursed, and no other additional charges/cost will be considered for reimbursement.

Selection Procedure

Selection will be through online test including Descriptive Test and Personal Interview.

Structure of examination:

The structures of the Examination which will be conducted online are as follows:

Sr. No 

Name of Tests

No. of Questions

Maximum Marks

Medium of Exam

Time Allotted for each test (Separately timed)

1.

English Language

30

30

English

25 minutes

2.

Quantitative Aptitude

30

30

English and Hindi

25 minutes

3.

Reasoning Ability

30

30

English and Hindi

25 minutes

4.

General Awareness (Related to Banking Industry)

30

30

English and Hindi

15 minutes

                              Total

120

120

 

5.

English Language (Letter Writing & Essay)- Descriptive

02

30

English

30 minutes

                                Total

02

30

 
  • Descriptive Paper in the English Language (Letter writing & Essay) may be evaluated by an automated scoring mechanism for identifying features related to writing proficiency. This scoring mechanism is duly validated and evaluates the proficiency of test takers in writing in the English Language in an objective manner as the mechanism does not have any in-built biases for evaluating responses. 
  • There will be no negative marking
  • Final selection of the candidates will be based on the marks obtained by the candidates in the Online Examination, and Personal Interview. The final list will be prepared in descending order for the respective categories i.e. SC/ST/OBC/EWS/GEN.

Syllabus

English Language 

  • Reading Comprehensions
  • Para Jumbles
  • Vocabulary
  • Error Spotting
  • Cloze test

Quantitative Aptitude

  • Data Interpretation
  • Data Sufficiency
  • Number Series
  • Time and Work
  • Time and Distance
  • Approximation
  • Simple and Compound Interest
  • Ratio and Proportion
  • Averages
  • Mixture and Allegation
  • Pipes and Cisterns
  • Problems based on trains
  • Percentages
  • Partnership
  • Profit, Loss and Discount
  • Elements of Algebra
  • Quadratic Equations

Reasoning

  • Machine Input Output
  • Puzzles
  • Seating Arrangement
  • Order and Ranking
  • Inequalities
  • Statement and Assumptions
  • Statement and Conclusion
  • Coding-Decoding
  • Cause and Effect
  • Statement and Argument
  • Venn Diagram/Syllogism
  • Blood Relation
  • Direction and Distance

General Awareness (Related to Banking Industry)

  • Latest RBI circulars(2 years)
  • Banking news(6 months)
  • Latest government schemes related to banking
  • Banking products
  • Basel norms
  • Priority sector lending
  • Indian financial system
  • Capital and money market
  • Important acts related to banking and finance (eg. Negotiable instruments act)
  • International finance
  • E-banking
  • NBFCs, Small Finance and Payment banks
  • Derivatives
  • Mutual funds
  • Insurance products
  • Financial statement analysis
  • Capital budgeting
  • Cost of capital
  • Leverages
  • Ratio analysis
  • Time value of money
  • Break even analysis
  • Working capital management
  • Regulatory organizations: SEBI/NABARD/RBI

English (Descriptive Test)

  • Letter writing
  • Essay Writing 

CBI Credit Officer JMGS-I Course by Team BankExamsToday

Team BankExamsToday is offering is a full-fledged, comprehensive and systematic course for the preparation of Central Bank of India Credit Officer exam.

Course features

  • Daily video classes
  • Study Material
  • Live sessions
  • Unit tests
  • 5 full-length mock tests 
  • Interview preparation guide
Call/WhatsApp - 9067201000
ebook store

About Me

Ramandeep Singh

Ramandeep Singh - Educator

I'm Ramandeep Singh, your guide to banking and insurance exams. With 14 years of experience and over 5000 successful selections, I understand the path to success firsthand, having transitioned from Dena Bank and SBI. I'm passionate about helping you achieve your banking and insurance dreams.

  • Follow me:
Close Menu
Close Menu