Bank of India Credit Officer Salary 2026, Inhand Salary Structure, Allowance and Job Profile

Bank of India Credit Officer Salary 2026 has been notified by the Bank of India (BOI) along with the official notification pdf. Candidates appointed for the Credit Officer posts in the GBO stream will be eligible to receive a monthly salary along with various allowances and job security. In this article, we have shared complete details on Bank of India Credit Officer Salary 2026, including in-hand salary, job profile, perks and allowances, and Job Profile.

Bank of India Credit Officer Salary 2026

Bank of India (BOB) has announced a total of 514 vacancies for Credit Officer posts (Grade Scale-II, Grade Scale-III, Grade Scale-IV). Candidates will be recruited for these posts based on their performance in the online exam and Interview. Candidates selected for Grade Scale-II will receive a salary within the pay scale of 64820 – 2340 (1) – 67160 – 2680 (10) – 93960, for Grade Scale-III monthly pay scale is 85920 – 2680 (5) – 99320 – 2980 (2) – 105280, and Grade Scale-IV candidates will offer the saly in pay scale 102300 – 2980 (4) – 114220 – 3360 (2) – 120940.

BOI Credit Officer Salary Structure 2026

The salary structure of Bank of India Credit Officer Posts comprises details like basic salary, allowances, deductions, gross salary, net salary, and other components. Candidates interested in Credit Officer Vacancies must check the Bank of India Credit Officer Salary Structure and job profile details to know what the post has in store for you.

Bank of India Credit Officer Recruitment 2026 Notification Out for 514 Vacancies – Click to Check

Bank of India Credit Officer Allowance and Perks

The selected candidates will be offered various perks, allowances, and benefits applicable to the Credit Officer posts. BOI Credit Officer Salary per month comprises allowances and benefits as shared below.

• Dearness Allowances
• House Rent Allowances
• Special Allowances
• Transport Allowances
• Provident fund
• Pension under the New Pension Scheme (Defined Contribution Benefit)
• Medical Allowances
• Leave-Fare and other facilities

Bank of India Credit Officer Job Profile

A credit officer is one primarily responsible for the examination of loan applications, financial information, and the consideration of the same from a creditworthiness point of view.

• Loan Evaluation & Processing –  Evaluate and examine loan applications from people and companies. To assess creditworthiness, examine financial statements, credit history, repayment capacity, and risk ratios.
• Risk & Compliance Assessment – Evaluate risk exposure linked with each borrower and ensure compliance with banking and regulatory norms.
• Loan Monitoring – Maintain documentation of loans disbursed, keep an eye on repayment plans, and spot early warning indicators of distress. Reviews of portfolios: Report on Non-Performing Assets (NPAs) and portfolio performance regularly..
• Coordination – Coordinate with branches, risk departments, legal, and audit teams for smooth processing.

Bank of India Credit Officer Syllabus 2026 – Click to Check