Bank of India Credit Officer Salary 2026: Structure, Allowances, Job Profile
Nazish Fatima18 Dec, 2025
Share
Bank of India Credit Officer Salary 2026 has been released by the Bank of India (BOI). This notification covers various Credit Officer posts. Appointed candidates receive a monthly salary with various benefits. Here, we detail the pay scales, perks, and job profiles for these positions. A total of 514 Credit Officer vacancies for Grade Scale-II, III, and IV were announced.
Bank of India Credit Officer Salary 2026
Bank of India Credit Officer Salary 2026 has been notified by the Bank of India (BOI) in its official notification PDF. Candidates selected for Credit Officer positions in the GBO stream will receive a competitive monthly salary. This package includes various allowances and ensures job security.
Candidates in Grade Scale-II will earn a salary between Rs. 64820 and Rs. 93960. The detail about the salary from the official notification is given. This structure outlines the Bank of India Credit Officer pay scale.
BOB Credit Officer Salary Structure 2026
The BOB Credit Officer salary structure 2026 details various components. These include basic salary, different allowances, deductions, gross salary, and net salary. This structure clarifies compensation details for candidates.
|
BOB Credit Officer Salary Structure 2026 |
||
|---|---|---|
|
Post Name |
Grade Scale |
Pay Scale
|
|
Credit Officer (Middle Management) |
Grade Scale-II |
Rs. 64820 – 2340 (1) – 67160 – 2680 (10) – 93960 |
|
Credit Officer (Middle Management) |
Grade Scale-III |
Rs. 85920 – 2680 (5) – 99320 – 2980 (2) – 105280 |
|
Credit Officer (Senior Management) |
Grade Scale-IV |
Rs. 102300 – 2980 (4) – 114220 – 3360 (2) – 120940 |
Bank of India Credit Officer Allowance and Perks
Selected candidates for Credit Officer posts receive various perks, allowances, and benefits. The Bank of India Credit Officer allowances form a part of the overall compensation package. These benefits enhance the Bank of India Credit Officer's perks and benefits.
-
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 primarily evaluates loan applications. They assess financial information and determine creditworthiness. This is a key aspect of the Bank of India Credit Officer job profile.
-
Loan Evaluation & Processing – Examine loan applications from individuals and companies. Assess creditworthiness by reviewing financial statements, credit history, repayment capacity, and risk ratios.
-
Risk & Compliance Assessment – Evaluate risk exposure for each borrower. Ensure compliance with banking and regulatory standards.
-
Loan Monitoring – Maintain documentation for disbursed loans. Monitor repayment plans and identify early signs of financial distress. Reviews of portfolios: Report on Non-Performing Assets (NPAs) and portfolio performance regularly.
-
Coordination – Work with branches, risk departments, legal teams, and audit teams for smooth loan processing.