Central Bank of India Specialist Officer (SO) Eligibility Criteria 2023-2024

Central Bank of India recruits candidates for various Specialist officer posts. It notified vacancies for SO posts in various streams in February 2023. Notification for the year SO 2023 exam has been released. Candidates who are preparing for SO exams should carefully go through the eligibility criteria given in the official notification and apply for the exam.

Candidates who are preparing for PSC, Bank and other Government exams can refer to the links given below.

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Overview of the Eligibility Criteria for Central Bank of India SO Posts 2023-2024

The Central Bank of India has laid down the eligibility criteria to recruit candidates for the Specialist officer posts in terms of nationality, educational qualification, experience and age limit. Candidates who are planning to apply for the SO posts should go through the detailed eligibility criteria given in the official notification. Important eligibility criteria notified by the Central bank of India are given in the tables below.

Central Bank of India Specialist Officer (SO) Nationality/Citizenship 
S.No. Eligibility Criteria
A candidate must be either: 
1 A Citizen of India or  
2 A subject of Nepal or 
3 A subject of Bhutan or 
4 A Tibetan refugee who came over to India before 1st January, 1962 with the intention of  permanently settling in India or  
5 A person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African  countries of Kenya, Uganda, the United Republic of Tanzania (formerly Tanganyika and  Zanzibar), Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently  settling in India 
Central Bank of India Specialist Officer (SO) Educational Qualification and Experience
S.No. Name of the Post/Scale Educational Qualification and Experience
1 Economist / 

AGM-Scale V
  • PhD in any one of the following  subjects 

a) Economics 

b) Banking 

c) Commerce 

d) Economic Policy 

e) Public Policy

  • Minimum 5 years work  experience in Commercial bank  or any other PSU‟s.
2 Income Tax  

Officer /  

AGM-Scale V
  • Chartered Accountant (preferably  passed in one attempt)
  • Minimum 10 years post  qualification experience (as on  31.12.2022) in the field of Direct  Taxation -Supervisor in any  Financial Institution/ PSU Bank/  Private sector banks/ Big four  CA firm/ category 1 Chartered  Accountant firm prescribed for  Bank audit as per RBI  guidelines.
3 Information  

Technology /  AGM-Scale V

 1. Compulsory:  

a. Full-time Master‟s or  Bachelor‟s degree in  Engineering disciplines like  Computer Science/  Information Technology/  Electronics & Communication or Master‟s in Computer  Application from a University/  Institute recognized by  Government of India or its  Regulatory bodies 

OR 

b. Full time Master‟s or  Bachelor‟s degree in Data  Analytics/AI &  ML/Digital/Internet  

Technologies from a  reputed/recognised university/Institute 

2. Desirable :  

a. Certification/Diploma/ Degree in any area  related to Digitization like Digital Transformation, Digital Product Management etc. 

OR 

b. Certification in Data  Analytics/AI &  ML/Digital/Internet  

Technologies from a  reputed/recognised  

university/Institute.

Experience

a. Minimum 10-12 years‟  experience in a similar  role in designing and  launching digital  products/platforms in  

BSFI Sector or Fintech  companies 

B. Proven track record of  implementing digital transformation  projects/Digital  Marketing 

c. Should have an  innovative mindset 

d. Experience in Managing  and Leading Digital  Team
4 Data Scientist  / CM – Scale  IV
  • Post Graduate Degree in Statistics/Econometrics/Mathematics/Finance/

Economics/Computer Science or B.E./B.Tech in  Computer Science/ IT from Indian  University/ Institute recognized by  Govt. Bodies/AICTE.

  • Minimum 8-10 Years of  relevant post qualification  experience in the area of Data  Analytics/Data Science/Data  Statistics/Data Mining in  commercial Bank/ financial  companies/ financial services  organizations/IT services  companies with financial  domain.
5 Credit Officer  / SM – Scale  III
  • CA / CFA / ACMA/,  

OR 

MBA(Finance), MBA finance  should be from a recognized college  / institute completed full time  regular course. 

Additional qualification  preferably: JAIIB & CAIIB

  • Experience:

CA/CFA/ ACMA – 3 years &  above (Post Qualification  Experience) of PSBs, FIs, Credit  Rating Agencies & NBFCs  (AUM Rs.10000 crore) in  Corporate Credit Appraisal /  Assessment. 

For MBA (Finance) – 4 years &  above (Post Qualification  Experience) of PSBs, FIs, Credit  Rating Agencies & NBFCs  (AUM Rs.10000 crore) in  Corporate Credit Appraisal /  Assessment.
6 Data Engineer  / SM – Scale  III
  • Post Graduate Degree (or  equivalent Diploma) in  Statistics/Econometrics/ Mathematics/ Finance/ Economics/ Computer Science or B.E./B.Tech in  Computer Science/IT from Indian  University/Institute recognized by  Govt. Bodies/AICTE.
  • Minimum 5 Years of relevant  post qualification experience in  the area of Data Analytics/Data  Science/Data Statistics/Data  Mining in commercial  Bank/financial companies/financial services  organizations/IT services companies with financial  domain.
7 IT Security 

Analyst / SM  – Scale III 
  • Engineering Graduate in Computer  Science / IT / ECE or MCA /  M.Sc. (IT) / M.Sc. (Computer  Science) from a recognized  University / Institute.  Certification (Compulsory): CISA / CISSP / CISM / CRISC  /CEH certification
  • Minimum 6 years’ of post basic  qualification experience in IT,  out of which minimum 3 years  in Ethical Hacking / Red  Teaming / Threat Hunting /  VAPT / Application Security /  Digital Forensic Analysis.
8 IT SOC  

Analyst / SM  – Scale III
  • Engineering Graduate in Computer  Science / IT / ECE or MCA /  M.Sc. (IT) / M.Sc. (Computer  Science) from a recognized  University / Institute.  
  • Certification (Compulsory): CISA / CISSP / CISM / CRISC  /CEH certification
  • Minimum 6 years’ of post basic  qualification experience in IT,  out of which minimum 3 years  in SOC operations like Event  Analysis, Rule creation,  automation, Asset Integration,  Incident management,  Monitoring and compliance. 
9 Risk Manager  / SM – Scale  III
  • Basic Qualifications – MBA in  Finance or/& banking or its  equivalent/Post Graduate  Diploma in Banking or/&  Finance/Post Graduate  Diploma in Banking & Finance or its equivalent/Post Graduate  in Statistics
  • Preferable Professional  Qualification – FRM/CFA/Diploma in Risk  Management/PRM/Advanced  Degree in analytical field (e.g.  Statistics, Economics, Applied  Maths, Operations Research,  Data Science fields)
  • Preferable Certification –   Certification in SPSS/SAS
  • Experience – Minimum 3 years  post qualification experience in  Risk Management / Credit / Treasury / ALM
10 Technical  

Officer(Credit)  / SM – Scale  III
  • Degree in Engineering in Civil/  Mechanical/Production/Metallurgy /Textile/Chemical.
  • 3 Years’ experience in TEV  study/Project appraisal with  Banks/FIs.
11 Financial  

Analyst /  

Manager – 

Scale II
  • A pass in final examination of the  Institute of Chartered Accountants  of India (ICAI)/ Institute of Cost  and Works Accountants of India  (ICWAI) or MBA with  specialization in Finance from a  reputed institute.
  • For CA/ICWA Candidates – NIL 

For Candidates with MBA  (Finance) – 3 years‟ experience  as an officer in a Public Sector  Bank/ Undertaking in the  reputed field.
12 Information  Technology /  Manager – 

Scale II
  • 3 years Engineering Degree in  Computer Science/Computer  Applications/Information   Technology/Electronics/ Electronics and  telecommunications /Electronics  and Communications /Electronics  and Instrumentation 

OR

Post graduate degree in  Electronics / Electronics &  Telecommunication / Electronics  & Communication/ Electronics &  Instrumentation/ Computer  Science/ Information Technology/  Computer Applications from a  University/Institution/Board recognized by Government of  India /approved by Government  registered body.

OR 

Graduate having passed DOEACC  “B” level

  • Post Qualification Work Experience – 2 years in IT field.
13 Law Officer /  Manager – 

Scale II
  • A Bachelor Degree in Law (LLB)
  • Post Qualification Experience: – Enrolled as an advocate with Bar  Council and 3 years‟ experience  of practice at Bar or Judicial  service and/or 2 years as a Law  Officer in the Legal Deptt. of a  Scheduled Commercial Bank or  the Central/State Government or  of a Public Sector Undertaking  and candidates should produce a certificate of having the requisite  post qualification work  experience from the Court/Bar  council /organization.
14 Risk Manager/ Manager – 

Scale II
  • MBA/Post Graduate Diploma in  Banking / & Finance /Post  Graduate in Statistics/Math/ Post  Graduate Diploma in Banking &  Finance with aggregate of at least 60% marks from Indian  University/Institute recognized by  Govt. Bodies/AICTE.  
  • Additional Preferable Professional  Qualification: FRM/CFA/Diploma  in Risk Management
  • Minimum 2 Years of post qualification experience in Risk  Management/Credit/Treasury /ALM
15 Security/  

Manager – 

Scale II
  • Should be a Graduate.  Medical Category- Shape  1/equivalent (as mentioned in  discharge orders/relevant  documents). Computer Literacy: Operating and  working knowledge in computer  system like MS  Office(Word,Excel,PPT etc.)
  • Ex-Commissioned Officers of  the Rank of Captain or above  from Indian Army with minimum 5 years‟ service or  equivalent rank from Air Force,  Navy and Para Military Forces.
16 Security / AM  – Scale I
  • Should be a Graduate. 

Medical Category- Shape  1/equivalent (as mentioned in  discharge orders/relevant  documents). 

Computer Literacy: Operating and  working knowledge in computer  systems like MS  Office(Word, Excel, PPT etc.)

  • Ex-Junior Commissioned  Officers with minimum 5 years‟  service as JCO in Indian Army  or equivalent rank from Air  Force, Navy and Para Military  Forces.
List of Current Affairs Articles for UPSC
Age Limit for Central Bank of India Specialist Officer (SO) Post
S.No. Name of the Post/Scale Age Limit
1 Economist / AGM-Scale V Minimum  30 years  

Maximum  45 years
2 Income Tax Officer /  AGM-Scale V Minimum 35 years  

Maximum  45 Years
3 Information Technology / AGM-Scale V Minimum  35 years 

Maximum  50 years
4 Data Scientist  / CM – Scale  IV Minimum  28 years  and  Maximum  35 years
5 Credit Officer  / SM – Scale  III Minimum 26 Years  and  Maximum 34 Years
6 Data Engineer  / SM – Scale  III Minimum 26 Years and  Maximum  35 Years 
7 IT Security Analyst / SM  – Scale III  Minimum 26 Years and  Maximum  40 Years
8 IT SOC Analyst / SM  – Scale III Minimum 26 Years and  Maximum  40 Years
9 Risk Manager  / SM – Scale  III Minimum 20 Years  and  Maximum  35 Years
10 Technical Officer(Credit)  / SM – Scale  III Minimum 26 Years and  Maximum  34 Years
11 Financial  Analyst /  Manager – Scale II Minimum  20 years  and Maximum  35 years
12 Information  Technology /  Manager – Scale II Minimum  20 years  and Maximum  35 years
13 Law Officer /  Manager – Scale II Minimum  20 years  and Maximum  35 years
14 Risk Manager/ Manager – Scale II Minimum  20 years  and Maximum  35 years
15 Security/  Manager – Scale II Minimum  26 years  and Maximum  45 years
16 Security / AM  – Scale I Minimum  26 years  and Maximum  45 years

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