BANK OF MAHARASHTRA RECRUITMENT 2025: CHECK POSTS, QUALIFICATION, SALARY, AGE LIMIT, AND APPLICATION PROCESS DETAILS

The Bank of Maharashtra (BOM) is inviting online applications from eligible candidates for various officer positions across different scales.

Bank of Maharashtra Recruitment 2025 for Officers

Available Positions and Vacancies

Bank of Maharashtra has announced openings for Officers in Scale III, IV, V, VI, and VII, primarily for roles at the IFSC Banking Unit (IBU). The total number of vacancies is 20.

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Age Limit

Below is the age limit for each post:

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Post NameAge Limit
General Manager – IBUMaximum 55 years
Deputy General Manager – IBUMaximum 50 years
Assistant General Manager – TreasuryMaximum 45 years
Assistant General Manager – Forex DealerMaximum 45 years
Assistant General Manager – Compliance/Risk ManagementMaximum 45 years
Assistant General Manager – CreditMaximum 45 years
Chief Manager – Forex/Credit/Trade FinanceMaximum 40 years
Chief Manager – Compliance/Risk ManagementMaximum 40 years
Chief Manager – LegalMaximum 40 years
Senior Manager – Business Development25 – 38 years
Senior Manager – Back Office Operations25 – 38 years

Required Qualifications and Experience

General Manager – IBU

  • Qualification: MBA/PGDM/PGDBF (Finance/Banking/International Business) or CA.
  • Preferred: CFA (USA), FRM (GARP), PRM (PRMIA).
  • Experience: 15 years in Public/Private/Foreign Banks, with at least 5 years in Global Trade Business (GTB) or Offshore Banking Units.
  • Desirable: Forex experience in foreign banks & IFSC Banking Units.
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Deputy General Manager – IBU

  • Qualification: MBA/PGDM/PGDBF (Finance/Banking/International Business) or CA.
  • Preferred: CFA (USA), FRM (GARP), PRM (PRMIA).
  • Experience: 12 years in Public/Private/Foreign Banks, with at least 5 years in Global Trade Business or Offshore Banking Units.
  • Desirable: Exposure to forex business in foreign banks & IFSC Banking Units.

Assistant General Manager – Treasury

  • Qualification: MBA/PGDM/PGDBF (Finance/Banking/International Business) or CA or CFA.
  • Professional Certifications: CTP, CFM, CITF, CDCS.
  • Experience: Minimum 10 years in Banking, with at least 5 years in Treasury operations.
  • Desirable: Forex business experience in foreign banks & IFSC Banking Units.

For more details on other posts, candidates should refer to the official notification.

Salary Structure

ScalePay Scale (INR)
Scale VII156500 – 4340/4 – 173860
Scale VI140500 – 4000/4 – 156500
Scale V120940 – 3360/2 – 127660 – 3680/2 – 135020
Scale IV102300 – 2980/4 – 114220 – 3360/2 – 120940
Scale III85920 – 2680/5 – 99320 – 2980/2 – 105280

Employees will also receive DA, HRA, CCA, medical benefits, and other allowances as per government norms.

Selection Process

Candidates will be selected based on personal interview/discussion. The selection process includes:

  • Interview evaluation with a total of 100 marks.
  • Minimum passing marks: 50 (45 for SC/ST/PwBD).
  • If multiple candidates score the same, selection will be based on age preference (older candidates ranked higher).
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Application Fee

CategoryFee (INR)
UR/EWS/OBC1180 (1000 + 180 GST)
SC/ST/PwBD118 (100 + 18 GST)

The application fee is non-refundable and must be paid online.

How to Apply

Eligible candidates must apply through the official website of the Bank of Maharashtra before March 15, 2025. Applications submitted through any other mode will not be accepted.

Frequently Asked Questions (FAQs)

1. How many vacancies are available in the Bank of Maharashtra Recruitment 2025?

Answer: There are 20 vacancies available.

2. What is the last date to apply?

Answer: The last date to submit applications is March 15, 2025.

3. What is the selection process?

Answer: The selection is based on personal interviews/discussions.

For the official notification, visit: Bank of Maharashtra Official Site

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