BOI Credit Officer Frequently Asked Questions 2022

BOI Credit Officer Frequently Asked Questions: Bank of India is one of the country’s most reputable financial institutions. They hold recruitments for positions such as Credit Officer. For the position of Credit Officer, there are a total of 484 openings. The post for the BOI Credit Officer is filled through an exam. Check out the BOI Credit Officer Frequently Asked Questions and clear any lingering doubts you may have.

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BOI Credit Officer Frequently Asked Questions

1. What documents do I need to carry to the exam hall?

Ans. The candidates must carry their Admit Cards, a photo ID proof in original, and a photocopy to the exam hall.

2. Can I modify the details in the BOI Credit Officer application form?

Ans. Yes, it is possible to modify the details after registration. But once you pay the application fees and submit the application form, you cannot modify the details.

3. How many times can I attempt the BOI Credit Officer Exam?

Ans. There is no limit to the maximum number of attempts that a candidate can appear for the BOI Credit Officer exam, and a candidate can attempt as long as they fall within the age limit.

4. What are the fees for completing the BOI Credit Officer Application Form?

Ans. The application fees for the BOI Credit Officer Application form vary depending on the candidate’s category. The application cost and intimation charges are Rs 850/- for general and other candidates. For SC/ST/PWD, the fee is Rs. 175 and includes only the intimation expenses. If the bank charges any fees for the transaction, the candidate is responsible for such fees.

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5. Is any relaxation offered to acid attack victims in the BOI Credit Officer exam?

Ans. Yes, acid attack victims are covered under the PWD Category and are offered relaxation as per the government policies.

6. What is the salary of a BOI Credit Officer?

Ans. The latest starting salary of a newly recruited BOI Credit Officer is Rs. 36000, and it goes higher as one reaches a higher ranking.

7. Is it allowed to apply for the post of Credit Officer if a person is already working there?

Ans. If a person is holding a similar post in the past, then they are not eligible to apply again.

8. Is a person eligible to apply if they have secured 59.9% rather than 60% marks?

Ans. No, 59.9% marks are not treated as 60%. Since the eligibility criteria require 60% marks, such a person will not be eligible to apply.

9. Is there any bond period in the BOI Credit Officer post?

Ans. A security amount must be deposited by the person appointed as a Credit officer and is required to serve three years. This security amount is refundable only upon completing three years of service.

10. What will be the posting location of a BOI Credit Officer?

Ans. The person who is selected as a Credit Officer can be placed anywhere in India where the Bank of India has its branches.

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11. How many vacancies are there for the position of BOI Credit Officer?

Ans. For the position of Credit Officer, there are a total of 484 openings.

12. What items must be brought to the exam hall?

Ans. Candidates must bring their admit card and a photo ID proof and a photocopy of the proof to the exam venue.

13. When does the BOI Credit Officer Admit Card become available?

Ans. The admit card for the BOI Credit Officer test is made available a few days before the exam, and it is available on the Bank of India’s official website.

14. Would the qualifying marks for the general and reserved categories in the BOI Credit Officer test differ?

Yes, reserved category applicants will receive a 5% grade reduction compared to General/EWS category applicants.

15. Is it okay if I apply for the position of BOI Credit Officer? If I work for a government or a public-sector organization?

Yes, you may apply; however, you must submit a “No Objection Certificate” from your employer, or your application will be rejected.

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Conclusion

The above-given questions are all the important frequently asked questions related to the BOI Credit Officer Exam. For any queries, contact us at Oliveboard.

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Priya

I have been writing blog content for different exams for more than 3 years now. Being an aspirant myself and having closely worked with students and mentors, I know what kind of content an aspirant is looking for. Apart from writing content, I like watching movies.

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