BANK OF MAHARASHTRA, a leading listed Public Sector Bank, having its Head Office in Pone and more than 2207 network of branches invites online application from candidates for recruitment of Officers in Scale Il & Ill to be posted at various verticals at Head Office or any other office, branch as per Bank’s requirement.

Number of Posts / Vancancies :

Post/sScaleAge No. of vacancies  PwBD 
SCSTOBCEWSURTotalOCVIHIID
Officers in Scale IllMMGS Ill25-38*157 10411001111
Officers in Scale IlMMGS25-35*452281301223003333

*Age Relaxation to reserved category is applicable as per Government guidelines. Abbreviations: SC: Scheduled Caste, ST: Scheduled Tribe, OBC: Other Backward Classes, EWS: Economically Weaker Section, UR: Unreserved, PwBD: Persons with Benchmark Disabilities, OC: Orthopedically Challenged, VI: Visual Impairment, HI: Hearing Impairment, ID: Intellectual / Multiple Disabilities.

Eligiblity Criteria :

PostOfficers in Scale IlOfficers in Scale Ill
No. of Posts300 Three Hundred Only 100 One Hundred Only 
QualificationBachelor’s degree in any discipline with minimum 60% marks in the aggregate of all semesters / years (55% for SC / ST / OBC / PwBD) from a University / Institute recognized by Government of India or its Regulatory Bodies. Passing of JAIIB & CAIIB is desirable OR Professional qualification like CA / CMA / CFA from a recognized University/ Institution/ Board recognized by Govt. of India / approved by Govt. Regulatory bodies.Bachelor’s degree in any discipline with minimum 60% marks in the aggregate of all semesters / years (55% for SC / ST / OBC / PwBD) from a University / Institute recognized by Government of India or its Regulatory Bodies. Passing of JAIIB & CAIIB is desirable OR Professional qualification like CA / CMA / CFA from a recognized University/ Institution/ Board recognized by Govt. of India / approved by Govt. Regulatory bodies.
Experience  Post qualification Work Experience of 3 years as an officer in any Scheduled Commercial Bank. Experience in Credit related areas / Branch Head / In-charge is preferable.Post qualification Work Experience of 5 years as an officer in any Scheduled Commercial Bank. The candidate should have minimum one-year experience as Branch Manager / Head out of five years. Experience in Credit related areas / In charge of Specialized Verticals is preferable. Branch Manager is an incumbent who is responsible for overseeing all functions of branch such as Deposit, Advances, Operations, Monitoring, Inspection, Recovery, etc. Branch Manager has also overseen the performance of employees.
AgeMinimum 25 years and Maximum 35 (Relaxation   for reserved categories will be applicable as per Government guidelines .Minimum 25 years and Maximum 38 years (Relaxation for categories will be applicable as per Government guidelines .
Bond PeriodTwo years from the date of Joining the BankTwo years from the date of Joining the Bank
Probation PeriodSix months from the date of joiningSix months from the date of joining

   Emoluments:

Presently, the starting basic pay applicable is as under:

01Scale of Pay : Scale IllRs. 63840 – 1990/5 – 73790 – 2220/2 – 78230
02Scale of Pay : Scale IlRs. 48170- 1 740/1 -49910- 1990/10- 69810

The official will also be eligible for D.A. H.R.A / Lease rental, C.C.A, Medical and other allowances etc. in a Metropolitan center & perquisites as per rules in force from time to time. Allowances may vary depending upon the place of posting.

Probation Period & Bond:

The selected candidates will be on probation for the under-mentioned period from the date of joining the Bank. There is mandatory provision of executing a service bond by selected candidates.

ScaleProbation PeriodBond
Amount Rs.Minimum Service Period
Scale Ill6 Months02.00 Lakh2 Years
Scale Il6 Months02.00 Lakh2 Years

Selection Procedure:

  1. The candidates shall be required to appear for online examination to be conducted through recruitment agency. The Successful candidates shall be called for interview in the proportion of I :4 based on their ranking. The allocation of marks for online examination and Interview is 150 & 100 which will be converted into 75:25 (Online Examination: Interview).
    1. The minimum cut off marks for online examination, interview and final selection shall be 50% for UR / EWS and 45% for SC / ST / OBC / PwBD respectively
    1. The combined final score of candidates shall be arrived at on the basis of scores obtained by the candidates in the Online Examination and Interview and accordingly a merit list shall be prepared for selection of candidates
    1. Merit list for selection will be prepared in descending order on the basis of combined scores obtained, in case more than one candidate score the cut-off marks (common marks at cut-off point), such candidates will be ranked according to their age in descending order, in the merit.

Examination Pattern:

Examination consisting of objective test which will be conducted online through recruitment agency. The test will have following sections (with separate timings for each section) as follows

SrName of TestNo. of QuestionsMaximum MarksDuration
01English Language20Total Maximum Marks 15020 Minutes
02Quantitative Aptitude2020 Minutes
03Reasoning Ability2020 Minutes
04Professional Knowledge9060 minutes
 Total15002 Hours

The test of Professional Knowledge may consist of Banking related questions. There is no negative marking in online examination

Examination Centers:

The examinations will be conducted online at venues across various centers in India. No request for change of Examination Centre shall be entertained.

The centers for the online Examination will be limited. The examination may be held at the following centres and the address of the venue will be advised in the call letters. Bank of Maharashtra, however, reserves the right to cancel any of the Examination Centres and / or add some other Centres, at its discretion, depending upon the response, administrative feasibility, etc. Bank of Maharashtra also reserves the right to allot the candidate to any centre.

SrStateCenter/sSrStateCenter/s
1BiharPatnaI lMaharashtraAurangabad Maharashtra
2ChandigarhChandigarh Mohali, Bathinda12MaharashtraMumbai / Thane / Navi Mumbai / MMR Region
3ChhattisgarhRaipur13MaharashtraNagpur
4Delhi NCRDelhi NCR (All NCR cities)14MaharashtraPune
5GoaPanjim15OdishaBhubaneshwar
6GujaratAhmedabad — Gandhinagar, Surat16RajasthanJaipur
7JharkhandRanchi17TamilnaduChennai
8KarnatakaBengaluru18TelanganaHyderabad
9KeralaThiruvananthapuram,19Uttar PradeshLucknow
10Madhya PradeshBhopal20 21West Bengal AssamKolkata Guwahati

Application Fees/ Intimation Charges (Non-Refundable):

SrCategoryApplication Fee / Intimation Char esCSTTotal
01UR / EWS /1000180180
02SC / ST /PwBD10018118

Application procedure:

Candidates are advised to go to the Bank’s website www.bankofmaharashtra.in and click on the ‘Careers Recruitment Process -5 Current Openings to open the link “Online application for recruitment of “Recruitment of Officers in Il & Ill Project 2023-24” and then click on the option “APPLY ONLINE” which will open a new screen

Important Dates :

Candidates are requested to apply on-line between 13th July 2023 and 25th July 2023

ParticularsDate
Commencement date of on-line application13th July 2023
Last Date of online application25th July 2023
Date of Online ExaminationWill be informed separately
Date of GD / InterviewWill be informed separately

Announcements

AIl further announcements/ details pertaining to this process will be published/ provided only on https://bankofmaharashtra.in from time to time. No separate advertisement will be issued in this regard

Detailed Notification :

For detailed notification on Bank of Maharashtra Recruitment of Officers in Scale II & III – Project 2023-24,  please click on the link below

https://bankofmaharashtra.in/writereaddata/documentlibrary/0069b591-be72-4327-9d6f-6ab1a597164b.pdf