Central Bank of India has released an official recruitment notification for selection of Officers in Specialist Category in Risk Management streams. The notice covers 26 vacancies across Analytics and Model Risk, Asset Liability Management, Digital Risk Management, Enterprise Risk, and Market Risk. These posts are spread across Scale IV, Scale III, and Scale II, depending on the stream.

This recruitment is for candidates who already have relevant qualifications and post-qualification work experience in banking, NBFCs, or other eligible financial institutions. The official notification is detailed and makes it clear that the process includes an online written test followed by interview, with final merit based on a weighted combination of both stages.

Applicants should read the post profile carefully before applying. The stream, scale, educational background, and minimum experience vary from one role to another. The bank has also specified important conditions such as a minimum CIC score requirement, all-India transfer liability, a service bond, and scale-wise age limits as on the eligibility cutoff date.

Recruitment Overview

Central Bank of India has announced recruitment for Specialist Officers in Risk Management streams. The notification covers 26 posts across multiple risk functions and scales.

ParticularDetails
Recruiting BankCentral Bank of India
Post CategorySpecialist Officers
StreamRisk Management
Total Posts26
Application ModeOnline
Online Registration Start09 April 2026
Online Registration Last Date30 April 2026
Tentative Online ExaminationMay 2026
Tentative InterviewJune 2026

Post-Wise Vacancy Details

The official notification distributes the 26 vacancies across five risk streams. The scale split is important because age, experience, and pay depend on the scale.

StreamScale SplitTotal Posts
Analytics and Model RiskScale IV: 2, Scale III: 46
Asset Liability ManagementScale III: 3, Scale II: 25
Digital Risk ManagementScale III: 6, Scale II: 28
Enterprise RiskScale III: 55
Market RiskScale III: 1, Scale II: 12
TotalScale IV, III and II combined26

The reservation breakup and one identified PwBD reservation are given in the official notification.

Post-Wise Eligibility Summary

The bank has prescribed separate qualifications and experience for each stream.

  • Analytics and Model Risk: Bachelor’s degree in Mathematics or Statistics, or BE/B.Tech in Data Science, IT, Computer Science, or Software Engineering. Preferred higher qualifications and certifications include FRM, CFA, PRM, CQF, and related analytics credentials.
  • Asset Liability Management: BE/B.Tech in IT, Computer Science, or Software Engineering, or PG Diploma in Management, or MBA, or Chartered Accountant. Desirable certifications include FRM, PRIMA, and risk management certifications from IIBF, NIBM, or CISI.
  • Digital Risk Management: Bachelor’s degree in Computer Science, Information Technology, or Cybersecurity. Preferred higher study includes MBA, MSc in IT Security, or Risk Management. Preferred certifications include CISA, CISM, CRISC, and CISSP.
  • Enterprise Risk: BE/B.Tech in IT, Computer Science, or Software Engineering, or PG Diploma in Management, or MBA, or Chartered Accountant. Desirable certifications include FRM, PRIMA, and risk management certifications.
  • Market Risk: BE/B.Tech in IT, Computer Science, or Software Engineering, or PG Diploma in Management, or MBA, or Chartered Accountant. Desirable certifications are similar to other risk roles.

All qualifications must be from institutions recognized by the Government of India or approved regulatory bodies.

Experience Requirements by Scale

Experience requirements vary by stream and scale, but the notification follows a consistent structure in most streams.

StreamScaleRequired Experience
Analytics and Model RiskScale IVMinimum 5 years post-qualification experience in quantitative risk analytics or model validation in commercial banks, NBFCs, or investment banks
Analytics and Model RiskScale IIIMinimum 3 years post-qualification experience in similar work
Asset Liability ManagementScale III4 years total post-qualification experience, including at least 3 years in risk management in eligible financial institutions
Asset Liability ManagementScale II3 years total post-qualification experience, including at least 2 years in risk management
Digital Risk ManagementScale III4 years total post-qualification experience, including at least 3 years in risk management
Digital Risk ManagementScale II3 years total post-qualification experience, including at least 2 years in risk management
Enterprise RiskScale III5 years total post-qualification experience, including at least 3 years in risk management
Market RiskScale III4 years total post-qualification experience, including at least 3 years in risk management
Market RiskScale II3 years total post-qualification experience, including at least 2 years in risk management

The cutoff date for educational qualification, age, and experience is 28 February 2026. Experience of less than 6 months in an organisation will not be counted, except when it is part of current employment.

Age Limit and Relaxation

The official notification gives scale-wise age criteria as on 28 February 2026.

ScaleAge Limit
Scale IVMinimum 20 years, Maximum 45 years
Scale IIIMinimum 20 years, Maximum 35 years
Scale IIMinimum 20 years, Maximum 35 years

Upper age relaxation is available as per rules. SC and ST candidates get 5 years, OBC candidates get 3 years, PwBD candidates get 10 years, children or family members of those who died in the 1984 riots get 5 years, and eligible ex-servicemen or commissioned officers get 5 years subject to the prescribed conditions. For PwBD candidates, the upper age cannot exceed 56 years as on the cutoff date.

Pay Scale, Probation, Posting and Service Conditions

The notification specifies regular bank officer pay scales for the advertised grades.

GradeScale of Pay
Chief Manager (Scale IV)Basic: 102300-2980/4-114220-3360/2-120940
Senior Manager (Scale III)Basic: 85920-2680/5-99320-2980/2-105280
Manager (Scale II)Basic: 64820-2340/1-67160-2680/10-93960

Perquisites and allowances will be as per bank policy. Selected candidates will be on probation for 2 years from the date of joining, though the competent authority may reduce or dispense with probation for Scale II and above in appropriate cases.

The selected officers will be posted anywhere in India and can be transferred as per bank policy. The notification also requires an indemnity bond of Rs. 3,00,000 if a selected candidate leaves the bank within 3 years of selection.

Selection Process

The selection process has two main stages: online written examination and interview. Meeting the minimum eligibility does not guarantee a call for test or interview.

  1. Online written examination
  2. Interview for candidates who qualify the written test and are shortlisted further

The written examination carries 100 marks and the interview also carries 100 marks. The qualifying marks in the written test are 50% for General and EWS candidates and 45% for SC, ST, OBC, and PwBD candidates. The same qualifying benchmark applies to the interview stage. Final weightage between written examination and interview is 70:30.

If two or more candidates score equal marks in final merit, the older candidate is ranked higher.

Online Exam Pattern

The notification gives a simple objective online test structure with a composite time of 90 minutes.

TestQuestionsMarks
Stream or Category Specific Questions7070
Reasoning1515
Banking, Present Economic Scenario and General Awareness1515
Total100100

The test has no penalty for wrong answers. The exact date, centre, and venue will be communicated later through call letter or email.

Application Fee and How to Apply

Candidates can apply only online from 09 April 2026 to 30 April 2026. No other mode of application is accepted.

CategoryFee
SC, ST, PwBD, WomenRs. 175
All Other CandidatesRs. 850

Bank transaction charges for online payment are to be borne by the candidate. Before applying, candidates should keep a valid personal email ID active, scan the required photograph and signature, and keep the details needed for online fee payment ready.

The official notice also states that the online application requires upload of photograph, signature, left thumb impression, and a handwritten declaration.

Important Conditions and What Candidates Should Not Miss

There are several notice-backed conditions that candidates should check before applying.

  • The eligibility cutoff date for qualification, age, and experience is 28 February 2026.
  • The bank requires a minimum CIC score of 650, with no credit default or financial indiscipline visible on the date of document verification.
  • Only one valid application should be submitted. If multiple applications are filed, the latest valid one will be retained and earlier fee payments will be forfeited.
  • All updates, addendum, and corrigendum are to be checked on the bank’s official website under the recruitment section.
  • The bank may change test date, centre, or even add further selection procedure if required.

The notification confirms the dates, vacancy count, scales, test structure, fee, and service conditions. It does not provide a separate syllabus beyond the exam sections listed in the notice, so candidates should rely only on the official test structure rather than unofficial assumptions.

Frequently Asked Questions

How many vacancies are there in Central Bank of India SO Recruitment 2026?

There are 26 vacancies in total for Specialist Officers in Risk Management streams.

What are the online application dates for Central Bank of India SO 2026 recruitment?

Online registration starts on 09 April 2026 and closes on 30 April 2026.

What is the selection process for Central Bank of India Specialist Officer recruitment 2026?

The selection process consists of an online written examination followed by interview.

Is there negative marking in the Central Bank SO online exam?

No. The official notification states that there is no penalty for wrong answers in the objective test.

What is the application fee for Central Bank of India SO Recruitment 2026?

SC, ST, PwBD, and women candidates have to pay Rs. 175. All other candidates have to pay Rs. 850.

What is the age limit for Scale III and Scale II posts?

For both Scale III and Scale II posts, the age limit is minimum 20 years and maximum 35 years as on 28 February 2026.

What is the weightage of written exam and interview in final selection?

The official notification gives 70% weightage to the written examination and 30% to the interview.

Is there any service bond in Central Bank of India SO 2026 recruitment?

Yes. Selected candidates must execute an indemnity bond of Rs. 3,00,000 if they leave the bank within 3 years of selection.