Central Bank of India AGM Recruitment 2026

Apply Online for 15 Assistant General Manager (Specialist) Posts

📋 Total Posts: 15 Vacancies
📅 Last Date: 17-05-2026
💼 Scale: SMG Scale V

Brief Notification Overview:

The Central Bank of India, a premier Public Sector Bank with a vast PAN India network, has officially announced a high-level recruitment drive through its Human Capital Management (Recruitment & Promotion) Central Office. The Bank is actively seeking highly experienced and eligible professionals for the prestigious role of Assistant General Manager (AGM) under the Specialist Category (SMG Scale V). This recruitment aims to fill 15 pivotal vacancies distributed across critical departments including Risk Management, Finance & Accounts, and Credit. Eligible candidates possessing relevant post-graduate degrees, mandatory certifications (like FRM, CFA, PRM, CA), and substantial banking experience can submit their applications online via the official IBPS registration portal between 30th April 2026 and 17th May 2026. Selected candidates will be initially posted in Mumbai and will be pivotal in driving the Bank's strategic and operational success.

1. Important Registration Dates

Candidates must adhere strictly to the recruitment timeline. The Bank will not entertain any applications submitted after the closing date.

CBI AGM Recruitment 2026 Schedule
Opening Date for On-line Registration & Fee Payment:30.04.2026
Closing Date for On-line Registration & Fee Payment:17.05.2026
Tentative Date of Online Examination:June 2026
Tentative Date of Interview:June 2026
Cut-off Date for Age, Qualification & Experience:31.03.2026

2. Category-Wise Vacancy Details

The Bank has announced 15 vacancies for the AGM role across distinct specialist streams. The reservation policy applies as per Government of India guidelines.

Specialist StreamSCSTOBCEWSURTotal
Risk Management (Includes General Risk, Compliance, ALM, Digital Risk)001045
Finance & Accounts101125
Credit Officer111025
Total Vacancies2131815

3. Eligibility Criteria (Education, Age & Experience)

The Assistant General Manager is a senior leadership role. Consequently, the Central Bank of India has mandated stringent educational qualifications, mandatory certifications, and extensive banking experience.

A. AGM - Risk Management (Scale V)

  • Age Limit: Minimum 33 years to Maximum 45 years.
  • Education: Full-time B.Sc in Statistics/Economics OR Bachelor's Degree in an Analytical field with 55% marks. OR Full-time MBA (Finance/Banking) or PGDBM / IPGD-Risk Management with 55% marks.
  • Mandatory Certifications: FRM (GARP) / CFA (CFA Institute) / PRM (PRMIA).
  • Experience: Minimum 10 years experience in Banking in Officer Cadre. Out of this, a minimum of 5 years specifically in Risk Management in scheduled commercial banks with >2000 branches. Must currently be a Chief Manager (or equivalent) for 1 year OR have completed 4 years as a Senior Manager.

B. AGM - Finance & Accounts (Scale V)

  • Age Limit: Minimum 33 years to Maximum 45 years.
  • Education: Mandatory Full-time Graduation AND must have passed the final exam of ICAI and be an enrolled member of the Institute of Chartered Accountants of India (CA).
  • Experience: Minimum 10 Years experience in a Scheduled Commercial Bank (>2000 branches). Out of this, minimum 7 years at the Bank's Head Office/Admin Office handling Corporate Taxation, GST, Balance sheet, Ind AS, and Capital Raising. Similar current role requirements (Chief Manager/Senior Manager) apply.

C. AGM - Credit Officer (Scale V)

  • Age Limit: Minimum 33 years to Maximum 45 years.
  • Education: Chartered Accountant (CA) / CFA / CMA-ICWA. OR Two Years Full-time Post Graduation Degree in Banking/Finance/Credit.
  • Experience: Minimum 10 years post-qualification experience as an officer. Out of this, 7 years specifically in Corporate Credit/Project Finance / Mid & Large Credit in Scheduled Banks (>2000 branches). Similar current role requirements apply.

Note: Age relaxations apply for reserved categories (SC/ST: 5 years, OBC: 3 years, PwBD: 10 years). The applicant must also possess a minimum Credit Information Company (CIC) score of 650.

4. Salary Structure & Probation

The appointed Assistant General Managers will be placed in the Senior Management Grade (SMG) Scale V, offering a highly lucrative remuneration package.

  • Pay Scale: Basic Pay: Rs. 1,20,940 - 3360/2 - 127660 - 3680/2 - Rs. 1,35,020/-
  • Perquisites & Allowances: As per the Bank's policy, which typically includes DA, HRA, CCA, Medical allowances, and more.
  • Probation Period: Selected candidates will be on probation for a period of two years from the date of joining.
  • Indemnity Bond: An indemnity bond of INR 3,00,000/- must be executed to serve the Bank for a minimum of 3 years.

5. Selection Procedure & Exam Pattern

The selection process comprises an Online Examination followed by a Personal Interview. The weightage for the online test to interview will be 70:30.

Online Examination Pattern

S.No.Name of the TestNo. of QuestionsMaximum MarksDuration
1Stream / Category Specific Questions7070Composite time of 60 minutes
2Banking, Present Economic Scenario & General Awareness3030
Total100100

Note: There will be NO penalty (negative marking) for wrong answers. The qualifying marks in the written test are 50% for General/EWS and 45% for reserved categories.

6. Application Fee Details

Candidates are required to pay the application fee/intimation charges online using Debit/Credit cards, Internet Banking, IMPS, or Mobile Wallets.

Candidate CategoryApplication Fee (Inclusive of GST)
General / OBC / EWS Male CandidatesRs. 850/- (Fee + Intimation Charges)
SC / ST / PwBD / All Women CandidatesRs. 175/- (Intimation Charges Only)

7. Step-by-Step Guide to Apply Online

Candidates must apply online via the specific IBPS registration link provided by the Central Bank of India. No other mode of application will be accepted.

  1. Preparation: Have a valid personal email ID and mobile number. Scan your photograph (4.5cm × 3.5cm), signature (black ink), left thumb impression, and a handwritten declaration as per the specific dimensions outlined in the notification.
  2. Registration: Visit the application portal (link below). Click on "Click here for New Registration" and enter your basic details to generate a Provisional Registration Number and Password.
  3. Live Photo Capture: Candidates will be required to capture and upload a live photograph using a webcam or mobile phone during the registration process.
  4. Fill Application: Log in and fill in all the requisite details meticulously. Verify the data using the "SAVE AND NEXT" facility.
  5. Document Upload: Upload the scanned photograph, signature, thumb impression, and handwritten declaration. Ensure the signature is NOT in capital letters.
  6. Fee Payment: Click on the "COMPLETE REGISTRATION" button, proceed to the payment gateway, and pay the requisite fee online.
  7. Final Printout: Generate the e-receipt and take a printout of the final submitted online application form for future reference.

9. Frequently Asked Questions (FAQs)

Q1. What is the deadline to apply for the Central Bank of India AGM recruitment?
The online registration and fee payment window closes firmly on 17th May 2026.
Q2. Is there any negative marking in the online examination?
No. According to the official notification, there will be no penalty for wrong answers marked in the objective test.
Q3. What is the mandatory text for the handwritten declaration?
The exact text is: "I, _______ (Name of the candidate), hereby declare that all the information submitted by me in the application form is correct, true and valid. I will present the supporting documents as and when required." It must be written in English only and NOT in capital letters.
Q4. Do I need to be a Chartered Accountant for the AGM Finance & Accounts post?
Yes. For the AGM Finance & Accounts role, it is mandatory to have passed the final exam conducted by ICAI and be an enrolled member of the Institute of Chartered Accountants of India.
Q5. What is the required CIC score for eligibility?
The applicant must have a minimum Credit Information Company (CIC) score of 650, and there should be no credit defaults visible in the report.
Mandatory Official Disclaimer:

This comprehensive educational blog post has been developed purely for informational and career guidance purposes, extracting data directly from the official recruitment notification published by the Central Bank of India. Senior banking aspirants are strictly mandated to read the complete, original notification document available on the official portal (centralbankofindia.co.in) to verify details regarding specific post-wise experience requirements, exact certification prerequisites, and document upload parameters (including live photo capture rules) before executing any online IBPS portal submissions or fee payments.

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