Bank of Maharashtra, a public bank with branches all over India, recently advertised a recruitment drive for officer positions in Scale III, IV, V, VI, and VII on its official website. This can be a good opportunity for candidates with experience in the banking sector to become a part of a team of professionals by joining a well-reputed organization in a key leadership role. The selected candidates will be posted at the International Financial Services Centre (IFSC) Banking Unit, GIFT City, Gandhinagar.
Key Highlights of the Recruitment
✅ Organization: Bank of Maharashtra
✅ Post Name: Officers in Scale III, IV, V, VI & VII
✅ Total Vacancies: 20
✅ Employment Type: Permanent
✅ Job Location: IFSC Banking Unit (IBU), GIFT City, Gandhinagar
✅ Selection Process: Shortlisting & Interview
✅ Application Mode: Online
✅ Official Website: www.bankofmaharashtra.in
✅ Application Dates:
- Start Date: 04 March 2025
- Last Date: 15 March 2025
Vacancy Details
| Post Name | Scale | Total Vacancies |
|---|---|---|
| General Manager – IBU | VII | 1 |
| Deputy General Manager – IBU | VI | 1 |
| Assistant General Manager – Treasury | V | 1 |
| Assistant General Manager – Forex Dealer | V | 1 |
| Assistant General Manager – Compliance/Risk Management | V | 1 |
| Assistant General Manager – Credit | V | 1 |
| Chief Manager – Forex/Credit/Trade Finance | IV | 4 |
| Chief Manager – Compliance/Risk Management | IV | 2 |
| Chief Manager – Legal | IV | 1 |
| Senior Manager – Business Development | III | 2 |
| Senior Manager – Back Office Operations | III | 5 |
| Total Vacancies | – | 20 |
Eligibility Criteria
1. Educational Qualification
- General Manager, Deputy General Manager, AGMs (Treasury, Forex, Compliance, Credit):
- MBA/PGDM/PGDBF in Finance/Banking/International Business
- Chartered Accountant (CA) preferred
- Additional certifications like CFA, FRM, and PRM are desirable
- Chief Manager (Forex/Credit/Trade Finance, Compliance, Legal):
- MBA/PGDM in Finance/Banking/International Business
- Law Degree required for Chief Manager – Legal
- Certifications in Forex, Trade Finance, Risk, Compliance preferred
- Senior Manager (Business Development, Back Office Operations):
- MBA/PGDM in Sales/Marketing/Banking/Finance/International Business
2. Experience Requirements
| Post | Minimum Experience Required |
|---|---|
| General Manager | 15 years (5+ years in Global Trade Business/International Banking) |
| Deputy General Manager | 12 years (5+ years in Global Trade Business/International Banking) |
| Assistant General Manager | 10 years (5+ years in Treasury/Forex/Compliance) |
| Chief Manager | 8 years (3+ years in Forex/Trade Finance/Legal) |
| Senior Manager | 5 years (2+ years in Business Development/Back Office) |
3. Age Limit (as of 28 February 2025)
| Post | Maximum Age |
|---|---|
| General Manager | 55 years |
| Deputy General Manager | 50 years |
| Assistant General Manager | 45 years |
| Chief Manager | 40 years |
| Senior Manager | 38 years |
🔹 Age Relaxation:
- SC/ST: 5 Years
- OBC (NCL): 3 Years
- PwBD (UR): 10 Years
- PwBD (OBC): 13 Years
- PwBD (SC/ST): 15 Years
Salary & Pay Scale
| Scale | Pay Scale (₹) |
|---|---|
| Scale VII | 1,56,500 – 4,340/4 – 1,73,860 |
| Scale VI | 1,40,500 – 4,000/4 – 1,56,500 |
| Scale V | 1,20,940 – 3,360/2 – 1,27,660 – 3,680/2 – 1,35,020 |
| Scale IV | 1,02,300 – 2,980/4 – 1,14,220 – 3,360/2 – 1,20,940 |
| Scale III | 85,920 – 2,680/5 – 99,320 – 2,980/2 – 1,05,280 |
🔹 Additional DA, HRA, CCA, Medical, and other allowances will be provided per bank norms.
Probation Period & Bond Details
Here is the Probation Period & Bond Details table for Bank of Maharashtra Recruitment 2025. After selecting the candidates, they need to go through a probation period of 6 months:
| Post Scale | Probation Period | Service Bond Amount (₹) | Minimum Service Period |
|---|---|---|---|
| Scale VII (General Manager) | 6 Months | ₹2 Lakhs | 2 Years |
| Scale VI (Deputy General Manager) | 6 Months | ₹2 Lakhs | 2 Years |
| Scale V (Assistant General Manager) | 6 Months | ₹2 Lakhs | 2 Years |
| Scale IV (Chief Manager) | 6 Months | ₹2 Lakhs | 2 Years |
| Scale III (Senior Manager) | 6 Months | ₹2 Lakhs | 2 Years |
🔹 Note: Candidates must serve the minimum bond period; failure to do so will result in bond money recovery as per bank rules.
Selection Process
1️⃣ Shortlisting Based on Qualification & Experience
2️⃣ Interview (100 Marks) – Minimum 50 marks (45 for SC/ST/PwBD) required to qualify
3️⃣ Final Selection Based on Merit
Note: The bank reserves the right to conduct a written test if required.
Application Fee
| Category | Fee (₹) | GST (₹) | Total (₹) |
|---|---|---|---|
| General/OBC/EWS | 1000 | 180 | 1180 |
| SC/ST/PwBD | 100 | 18 | 118 |
🔹 Mode of Payment: Online
How to Apply?
Eligible candidates can apply online through the Bank of Maharashtra’s official website.
Step-by-Step Application Process:
- Visit bankofmaharashtra.in the current opening page.
- Find the Recruitment for which you want to apply and then click the application link for that opening.
- Click on the Register Link if you don’t have an account already.
- Register with your email ID and set a strong password.
- After that, log in with the created details and
- Select Application from the left menu, select the Job position given for “Recruitment for Officers—Scale III, IV, V, VI, VII” you want to apply for, and then click the “Apply” button.
- Fill out the application form.
- Upload documents (Educational certificates, experience proof, ID proof)
- Pay the application fee online
- Submit & Print the application
🔹 Last Date to Apply: 15 March 2025
Important Links
| Details | Links |
|---|---|
| Official Notification | Download Here |
| Apply Online | Click Here |
| Admit Card Download | To be announced |
| Bank of Maharashtra Official recruitment page | Visit Here |
Official Bank of Maharashtra Recruitment 2025 PDF
This Bank of Maharashtra Recruitment 2025 offers an excellent opportunity for experienced banking professionals. Candidates are advised to apply before 15 March 2025 and ensure they meet the eligibility criteria.
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