Brief Description
Bank of Maharashtra Recruitment 2025 offers exciting opportunities for officer positions in Scale III-VII at GIFT City, Gandhinagar. This recruitment provides a great opportunity for professionals to join one of India’s leading banks. Selected candidates will be posted at the IFSC Banking Unit (IBU) in GIFT City, Gandhinagar.
Job Summary
Key Details
| Recruitment Authority | Bank of Maharashtra |
|---|---|
| Advertisement Number | AX1/ST/RP/Recruitment/Phase III/2024-25 |
| Name of the Posts | General Manager, Deputy General Manager, Assistant General Manager, Chief Manager, Senior Manager |
| Number of Vacancies | 20 |
| Job Location | GIFT City, Gandhinagar |
| Selection Procedure | Interview (and examination if required) |
| Pay Structure | Scale III-VII (Details below) |
| Mode of Application | Online |
| Official Website | www.bankofmaharashtra.in |
| Application Start Date | 04.03.2025 |
| Application End Date | 15.03.2025 |
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Job Summary
| Post Name | Scale | Vacancies | Type |
|---|---|---|---|
| General Manager – IBU | VII | 1 | Permanent |
| Deputy General Manager – IBU | VI | 1 | Permanent |
| Assistant General Manager – Treasury | V | 1 | Permanent |
| Assistant General Manager – Forex Dealer | V | 1 | Permanent |
| Assistant General Manager – Compliance/Risk Management | V | 1 | Permanent |
| Assistant General Manager – Credit | V | 1 | Permanent |
| Chief Manager – Forex/Credit/Trade Finance | IV | 4 | Permanent |
| Chief Manager – Compliance/Risk Management | IV | 2 | Permanent |
| Chief Manager – Legal | IV | 1 | Permanent |
| Senior Manager – Business Development | III | 2 | Permanent |
| Senior Manager – Back Office Operations | III | 5 | Permanent |
Category-Wise Vacancy Details
| Category | Vacancies |
|---|---|
| SC | 2 |
| ST | 0 |
| OBC | 18 |
| EWS | 0 |
| UR | 20 |
Eligibility Criteria for Bank of Maharashtra Recruitment 2025
| Post Name | Qualifications | Experience |
|---|---|---|
| General Manager – IBU | MBA/PGDM/PGDBF in Finance/Banking/International Business or CA (Preferred: CFA/FRM/PRM) | 15 years of experience, 5 years in Global Trade Business or Offshore Banking |
| Deputy General Manager – IBU | MBA/PGDM/PGDBF in Finance/Banking/International Business or CA (Preferred: CFA/FRM/PRM) | 12 years of experience, 5 years in Global Trade Business or Offshore Banking |
| Assistant General Manager – Treasury | MBA/PGDM/PGDBF in Finance/Banking/International Business or CA/CFA (Preferred: CTP/CFM/CDCS) | 10 years of experience in Treasury operations or International Banking |
| Assistant General Manager – Forex Dealer | MBA/PGDM/PGDBF in Finance/Banking/International Business or CA/CFA (Preferred: CTP/CFM) | 10 years of experience in Forex Trading, Investment Banking, or Derivatives |
| Assistant General Manager – Compliance/Risk Management | Graduate with FRM or PRM certification (Preferred: CFA/CA/ICWA/MBA) | 10 years of experience, 5 years in Risk Management or Compliance |
| Assistant General Manager – Credit | MBA/PGDM/PGDBF in Finance/Banking/International Business or CA | 10 years of experience, 5 years in Commercial Credit or Project Finance |
| Chief Manager – Forex/Credit/Trade Finance | MBA/PGDM/PGDBF in Finance/Banking/International Business or CA/CFA | 8 years of experience, 3 years in Forex/Treasury |
| Chief Manager – Compliance/Risk Management | Graduate with FRM or PRM certification (Preferred: CFA/CA/ICWA/MBA) | 8 years of experience, 3 years in Risk Management or Compliance |
| Chief Manager – Legal | Bachelor’s Degree in Law (Preferred: Master’s in Law) | 8 years as an Advocate or Law Officer in a Bank |
| Senior Manager – Business Development | MBA/PGDM in Sales/Marketing/Banking/Finance/International Business | 5 years of experience, 2 years in NRI Client Acquisition or Forex Business Development |
| Senior Manager – Back Office Operations | MBA/PGDM/PGDBF in Finance/Banking/International Business | 5 years of experience, 2 years in Back Office Treasury Operations |
Pay Scale for Bank of Maharashtra Jobs 2025
- Scale VII: ₹1,56,500 – ₹1,73,860
- Scale VI: ₹1,40,500 – ₹1,56,500
- Scale V: ₹1,20,940 – ₹1,35,020
- Scale IV: ₹1,02,300 – ₹1,20,940
- Scale III: ₹85,920 – ₹1,05,280
- (Includes allowances like DA, HRA, etc. as per rules)
Age Standards
| 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: 3 years
- PwBD (GEN/EWS): 10 years
- PwBD (OBC): 13 years
- PwBD (SC/ST): 15 years
Application Fee
| Category | Fee | GST | Total |
|---|---|---|---|
| UR/EWS/OBC | ₹1000 | ₹180 | ₹1180 |
| SC/ST/PwBD | ₹100 | ₹18 | ₹118 |
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Selection Procedure for Bank of Maharashtra Recruitment 2025
- Preliminary Screening: Based on qualifications and experience.
- Interview: Candidates must score at least 50 marks (45 for SC/ST/PwBD) out of 100.
- Examination (if required): Depending on the number of applications.
How to Apply for Bank of Maharashtra Officer Vacancies
- Visit the official website: www.bankofmaharashtra.in.
- Navigate to the “Current Openings” section.
- Register and fill out the application form.
- Upload scanned copies of required documents:
- Educational certificates
- Experience letters
- Category certificates (if applicable)
- Pay the application fee online.
Apply before 15.03.2025.
Important Events and Dates
| Event | Date |
|---|---|
| Application Start Date | 04.03.2025 |
| Application End Date | 15.03.2025 |
| Exam/Interview Date | To be notified |
Important Links
| Official Website | Website |
| Job Notification | Notification |
| Apply Online | Apply |
| More Jobs | Jobnotice.in |
| Category | Latest Jobs |
Important Disclaimer: This summary is for informational purposes only. Candidates are advised to verify all details directly from the official Bank of Maharashtra website at www.bankofmaharashtra.in and avoid applying through third-party sources. We do not take responsibility for any discrepancies. The logo used is for representational purposes only and is the property of Bank of Maharashtra. Please refer to the official website for accurate and up-to-date information.
Bank of Maharashtra Recruitment 2025 FAQs
What is the mode of application for Bank of Maharashtra Recruitment 2025?
Applications are accepted online only via the official website.
What is the minimum qualification required for Bank of Maharashtra Recruitment 2025?
Qualifications vary by post, with most requiring an MBA/PGDM or CA.
Is there an age relaxation for reserved categories in Bank of Maharashtra Recruitment 2025?
Yes, age relaxation is provided as per government norms.
What is the selection process for Bank of Maharashtra Recruitment 2025?
The selection process includes interview and, if needed, a written examination.
Where will the selected candidates be posted under Bank of Maharashtra Recruitment 2025?
The posting location is GIFT City, Gandhinagar.
