Bank of Maharashtra Recruitment 2025: The Bank of Maharashtra (BOM) is inviting applications from interested and eligible candidates for multiple officer-level positions, including General Manager – IBU, Deputy General Manager – IBU, Assistant General Manager – Treasury, Assistant General Manager – Forex Dealer, Assistant General Manager – Compliance/Risk Management, Assistant General Manager – Credit, Chief Manager – Forex/Credit/Trade Finance, Chief Manager – Compliance/Risk Management, Chief Manager – Legal, Senior Manager – Business Development, and Senior Manager – Back Office Operations. These positions fall under Scale III, IV, V, VI, and VII, with a total of 20 vacancies available.
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Bank of Maharashtra Recruitment 2025 Vacancies and Post Details
The recruitment is for 20 officer positions in the IFSC Banking Unit (IBU). The positions available are as follows:
Educational Qualification and Experience
Candidates must have the required qualifications and experience for their chosen role. Some of the key requirements include:
General Manager – IBU
- Qualification: 2-year full-time Postgraduate degree (MBA/PGDM/PGDBF) in Finance/Banking/International Business or Chartered Accountant (CA).
- Preferred: CFA (USA), FRM (GARP), or PRM (PRMIA).
- Experience: 15 years in officer cadre of Public/Private/Foreign Banks with at least 5 years in Global Trade Business (GTB) or Offshore Banking Unit.
- Current Role: Must currently hold the position of DGM (or equivalent) with at least 1 year in the role or AGM (or equivalent) with at least 3 years in the role.
Deputy General Manager – IBU
- Qualification: Same as General Manager – IBU.
- Experience: 12 years in officer cadre of Public/Private/Foreign Banks, with at least 5 years in Global Trade Business and International Banking or Offshore Banking Unit.
- Current Role: Must be serving as AGM (or equivalent) for at least 1 year or Chief Manager (or equivalent) for at least 3 years.
For details on other positions, candidates are advised to refer to the official notification.
Bank of Maharashtra Recruitment 2025 Eligibility Criteria and Job Locations
Candidates applying must meet specific educational and experience requirements based on the role they are interested in. The minimum age requirement is 25 years, and the maximum age limit is 55 years, depending on the post. Selected candidates may be posted anywhere in India as per the Bank’s requirements.
Bank of Maharashtra Recruitment 2025 Selection Process
The selection will be based on a Personal Interview conducted by the selection committee. The final selection will depend on the marks obtained in the interview/discussion. The minimum qualifying score for the interview is 50 marks (45 marks for SC/ST/PwBD candidates). If multiple candidates secure the same cut-off marks, ranking will be done based on age, with older candidates given preference.
Bank of Maharashtra Recruitment 2025 Salary and Benefits
Selected candidates will receive a salary as per the respective pay scale for their post, along with allowances such as Dearness Allowance (D.A.), House Rent Allowance (H.R.A.), Lease Rental, City Compensatory Allowance (C.C.A.), medical benefits, and other perquisites.
Age Limit for Bank of Maharashtra Recruitment 2025
| Bank of Maharashtra Recruitment 2025 www.SarkariJobTimes.com | |
| Post Name | Age Limit |
| General Manager – IBU | Max. 55 years |
| Deputy General Manager – IBU | Max. 50 years |
| Assistant General Manager – Treasury | Max. 45 years |
| Assistant General Manager – Forex Dealer | Max. 45 years |
| Assistant General Manager – Compliance/Risk Management | Max. 45 years |
| Assistant General Manager – Credit | Max. 45 years |
| Chief Manager – Forex/Credit/Trade Finance | Max. 40 years |
| Chief Manager – Compliance/Risk Management | Max. 40 years |
| Chief Manager – Legal | Max. 40 years |
| Senior Manager – Business Development | 25 – 38 years |
| Senior Manager – Back Office Operations | 25 – 38 years |
Application Fees
Candidates need to pay the application fee based on their category:
- UR/EWS/OBC: Rs. 1180 (Rs. 1000 + Rs. 180 GST)
- SC/ST/PwBD: Rs. 118 (Rs. 100 + Rs. 18 GST)
How to Apply for Bank of Maharashtra Recruitment 2025?
Eligible candidates must apply online by visiting the official website of the Bank of Maharashtra. The duly filled application form must be submitted along with all required supporting documents before the deadline.
Last Date to Apply: 15th March 2025
Frequently Asked Questions (FAQs)
Q1. How many vacancies are available in the Bank of Maharashtra Recruitment 2025? A1. There are 20 vacancies available.
Q2. What is the last date to apply for the recruitment? A2. The last date to submit the application is 15th March 2025.
Q3. What is the selection procedure for this recruitment? A3. The selection will be based on a Personal Interview conducted by the Bank.
For further details, candidates are advised to check the official notification on the Bank of Maharashtra website.
