Central Bank of India AGM Recruitment 2026 is a prestigious opportunity for experienced banking professionals seeking senior management roles. The official notification was released on 30th April 2026, announcing a total of 15 Assistant General Manager (AGM) vacancies in the Specialist Category across Risk Management, Finance & Accounts, and Credit departments.
The online application window is open from 30th April 2026 to 17th May 2026. This Scale V position offers an attractive gross monthly salary ranging from ₹1.8 lakh to ₹2.1 lakh, along with comprehensive allowances and benefits.
In this article, you will find all the essential details regarding the job profile, eligibility criteria, salary, syllabus, exam pattern, application process, important dates, and official links. Whether you are a Chartered Accountant, Risk Management expert, or Credit professional, this guide will help you understand every aspect of the recruitment process clearly.
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An Overview Of The Central Bank of India AGM Recruitment 2026
Central Bank of India, a leading Public Sector Bank with over 4,500 branches and total business exceeding ₹8,12,000 Crores, has officially released the recruitment notification for 15 Assistant General Manager (AGM) posts in the Specialist Category. These positions are in Scale V (Senior Management Grade) and require specialized qualifications with substantial banking experience. The initial posting will be at Mumbai, with subsequent liability for transfer anywhere in India as per bank policy.
| Particulars | Details |
|---|---|
| Organization | Central Bank of India, Central Office, Mumbai |
| Post Name | Assistant General Manager (AGM) – Specialist Category |
| Scale | Scale V (Senior Management Grade) |
| Total Vacancies | 15 |
| Specializations | Risk Management, Compliance/Risk Management, Asset Liability Management, Digital Risk & Analytics, Finance & Accounts, Credit Officer |
| Application Mode | Online Only |
| Application Dates | 30 April 2026 to 17 May 2026 |
| Exam Date | June 2026 (Tentative) |
| Interview Date | June 2026 (Tentative) |
| Age Limit | 33 to 45 years (as on 31-03-2026) |
| Experience Required | Minimum 10 years |
| Pay Scale | Basic: ₹1,20,940 – 1,35,020/- |
| Gross Salary | ₹1.8 Lakh to ₹2.1 Lakh per month |
| Selection Process | Online Exam (70%) + Interview (30%) |
| Eligibility Cut-off Date | 31-03-2026 |
| Official Website | https://www.centralbank.bank.in |
| Apply Online | https://ibpsreg.ibps.in/cbiagmapr26/ |
Requirements and Eligibility Criteria Of The Central Bank of India AGM Job
To apply for the Central Bank of India AGM Recruitment 2026, candidates must fulfill strict eligibility conditions related to nationality, age, education, professional certifications, and extensive banking experience as of the cut-off date 31st March 2026.
Educational Qualifications Of The Job
Candidates must meet the following post-wise academic and professional requirements:
AGM – Risk Management (Scale V)
- Full-time B.Sc in Statistics/Economics OR Bachelor’s in Analytics (Statistics, Applied Maths, OR/Data Science) with 55% marks OR
- Full-time MBA Finance/Banking or PGDBM/IPGD-Risk Management with 55% marks from AICTE/UGC approved University
- Mandatory Certification: FRM (GARP USA) / CFA (CFA Institute USA) / PRM (PRMIA USA)
- Preferred: Certification in SPSS/SAS, R, Python
AGM – Compliance / Risk Management (Scale V)
- Full-time B.Sc in Statistics/Economics OR Bachelor’s in Analytics with 55% marks OR
- Full-time MBA Finance/Banking or PGDBM/IPGD-Risk Management with 55% marks from AICTE/UGC approved University
- Mandatory Certification: FRM (GARP USA) / CFA (CFA Institute USA) / PRM (PRMIA USA)
- Preferred: Certification in SPSS/SAS, R, Python
AGM – Asset Liability Management (Scale V)
- Full-time BE/B.Tech OR Post Graduate Degree/Diploma in Business Management/Banking/Finance OR Chartered Accountant
- Mandatory Certification: FRM (GARP) / PRM (PRMIA USA) / CFA (CFA Institute)
- Desirable: ALM/Interest Rate Risk/Liquidity Risk management experience
AGM – Digital Risk & Analytics (Scale V)
- Full-time Bachelor’s in Mathematics/Statistics OR B.E./B.Tech in Data Science/IT/CS/Software Engineering
- Preferred: MBA/PGDM/PGDBM/PGDBA in Finance OR PG in Statistics/Mathematics/Economics/Econometrics
- Preferred Certification: FRM by GARP, RAI by GARP, PRM (PRMIA), CFA, CQF, any Certification in ML/AI/NLP/Web Crawling/Neural Networks
- Desirable: Digital Risk/Vendor Risk/IT Risk/Model Validation experience
AGM – Finance & Accounts (Scale V)
- Mandatory: Full-time Graduation AND must have passed final exam conducted by ICAI and enrolled as member of ICAI (Chartered Accountant)
- CA membership is mandatory
AGM – Credit Officer (Scale V)
- Chartered Accountant / CFA / CMA-ICWA from recognized institute OR
- Two Years Full-time Post Graduation in Banking/Finance/any credit related field from recognized university/institution/board
Selection Process Of The Central Bank of India AGM Job
The selection process for Central Bank of India AGM Recruitment 2026 is rigorous and designed to identify highly qualified specialist professionals. The process consists of two main stages with a 70:30 weightage ratio.
Online Examination
The first stage is an online objective test conducted for 100 marks with a composite duration of 60 minutes.
| Section | No. of Questions | Maximum Marks | Duration |
|---|---|---|---|
| Stream/Category Specific Questions | 70 | 70 | Composite time of 60 minutes |
| Banking, Present Economic Scenario & General Awareness | 30 | 30 | |
| Total | 100 | 100 |
Qualifying Marks for Online Test:
- General / EWS: 50%
- SC / ST / OBC / PwBD (Divyangjan): 45%
Interview
Candidates who qualify the online examination will be shortlisted for the interview stage. The number of candidates called for interview will be up to 4 times the number of vacancies.
- Interview Marks: 100
- Qualifying Marks for Interview:
- General / EWS: 50%
- SC / ST / OBC / PwBD (Divyangjan): 45%
Final Merit List
The final selection will be based on the combined performance in the Online Test and Interview with the following weightage:
- Online Test: 70% weightage
- Interview: 30% weightage
In case of equal marks, candidates senior in age will be placed higher in the merit list. Merely satisfying the eligibility norms does not entitle a candidate to be called for the test or interview.
Now Explain The Step By Step Process How To Apply The Job
The application process for Central Bank of India AGM Recruitment 2026 is entirely online through the IBPS portal. No other mode of application will be accepted.
Online Mode of Applying
Before starting the application, candidates must prepare the following scanned documents:
- Photograph: 200×230 pixels, size 20-50 KB
- Signature: 140×60 pixels, size 10-20 KB
- Left Thumb Impression: 240×240 pixels, size 20-50 KB
- Handwritten Declaration: 800×400 pixels, size 50-100 KB
Step-by-Step Application Guide:
- Visit the official IBPS application portal at https://ibpsreg.ibps.in/cbiagmapr26/.
- Click on “Click Here to Apply Online” or “Click Here for New Registration.”
- Enter your basic details to generate a registration number and password, which will be sent to your email and mobile number.
- Log in using the registration number and password.
- Upload the photograph, signature, left thumb impression, and handwritten declaration as per specifications.
- Fill in the detailed application form with personal, educational, professional certification, and experience details.
- Pay the application fee online using Debit Card, Credit Card, Internet Banking, or UPI.
- Review all details carefully before final submission. No changes are allowed after final submission.
- Download and print the application form and e-receipt for future reference.
Important Notes:
- Submit only one application. Multiple applications will result in forfeiture of fee paid for other registrations.
- The fee once paid is non-refundable and cannot be held in reserve.
- A valid personal email ID and contact number must remain active until the completion of the recruitment process.
- Government/PSU/Nationalized Bank employees must produce a No Objection Certificate (NOC) from their employer at the time of interview.
Offline Process
There is no offline application process for this recruitment. Applications sent by post, courier, or submitted physically at bank branches will not be accepted.
Syllubus Required to Write The Job Exam
The Central Bank of India AGM Exam 2026 syllabus is divided into two sections: 70% domain-specific knowledge and 30% general banking awareness.
Stream/Category Specific Questions (70 Marks)
This section varies based on the post applied for:
For Risk Management Posts:
- Credit Risk, Market Risk, Operational Risk, Liquidity Risk
- Basel Norms (Basel I, II, III), Capital Adequacy
- Risk Appetite Framework, Risk Governance
- Statistical tools for risk measurement (SPSS, SAS, R, Python basics)
- Asset Liability Management (ALM), Interest Rate Risk
- Digital Risk, Vendor Risk, IT Risk, Model Validation
- Compliance frameworks and regulatory requirements
For Finance & Accounts Posts:
- Corporate Taxation, GST, TDS provisions
- Balance Sheet preparation and analysis
- IFRS and Ind AS standards
- Regulatory Reporting requirements for banks
- Capital Raising and fund management
- Financial statement analysis and auditing standards
- Cost accounting and management accounting principles
For Credit Officer Posts:
- Corporate Credit appraisal and assessment
- Project Finance fundamentals
- Mid & Large Credit analysis
- Credit monitoring and NPA management
- Loan restructuring and recovery mechanisms
- Financial ratio analysis and cash flow analysis
- Sector-specific credit risk assessment
Banking, Present Economic Scenario & General Awareness (30 Marks)
- Current Banking and Financial News
- RBI Policies and Monetary Policy
- Indian Economy – Key indicators and trends
- Government Schemes related to banking and finance
- International banking developments
- Financial inclusion and digital banking initiatives
- Recent mergers and acquisitions in the banking sector
Application Fee And Total Vacancies
This section provides a clear breakdown of the category-wise application fee and the post-wise vacancy distribution.
Application Fee Structure
| Category | Amount (inclusive of GST) |
|---|---|
| SC / ST / PwBD (Divyangjan) / Women Candidates | ₹175/- (Intimation Charges only) |
| All Other Candidates (General / OBC / EWS) | ₹850/- (Application Fee + Intimation Charges) |
- The fee is payable online only from 30-04-2026 to 17-05-2026.
- Bank transaction charges for online payment will be borne by the candidate.
- The fee once paid is non-refundable under any circumstances.
Total Vacancies (Post-wise Distribution)
A total of 15 vacancies have been announced for Assistant General Manager (Scale V) in Specialist Category:
| Post Category | Specialization | Total Vacancies |
|---|---|---|
| Risk Management | 5 | |
| Risk Management | 2 | |
| Compliance / Risk Management | 1 | |
| Asset Liability Management | 1 | |
| Digital Risk & Analytics | 1 | |
| Finance & Accounts | Finance & Accounts | 5 |
| Credit Officer | Credit Officer | 5 |
| Total | 15 |
The vacancies are distributed across SC, ST, OBC, EWS, and UR categories as per Government of India guidelines. The number of vacancies is provisional and may vary according to actual bank requirements.
Require Documents To Apply For This Job
Candidates must keep the following documents ready before starting the online application and for document verification during the interview process:
- Original Marks Sheet & Provisional Certificate / Degree Certificate issued from University
- Experience Certificates as per eligibility requirements
- Professional Certification certificates (FRM, CFA, PRM, CA, CMA, etc.)
- Caste Certificate (if applicable)
- PwBD (Divyangjan) Certificate (if applicable)
- Caste Validity Certificate (wherever applicable)
- OBC Certificate with Non-Creamy Layer clause (for OBC candidates)
- EWS Income and Asset Certificate (for EWS candidates)
- No Objection Certificate from employer (for candidates serving in Govt./PSU/Nationalized Banks)
- Colour passport size photograph (same as uploaded in application form)
- Photograph (200×230 pixels, 20-50 KB)
- Signature (140×60 pixels, 10-20 KB)
- Left Thumb Impression (240×240 pixels, 20-50 KB)
- Handwritten Declaration (800×400 pixels, 50-100 KB)
- Valid personal email ID and active mobile number
- Credit Information Company (CIC) report showing minimum score of 650
Important Dates
All candidates must strictly adhere to the following timeline for the Central Bank of India AGM Recruitment 2026:
| Event | Date |
|---|---|
| Notification Release Date | 30 April 2026 |
| Opening Date for Online Registration | 30 April 2026 |
| Last Date for Online Registration | 17 May 2026 |
| Application Fee Payment Window | 30 April 2026 to 17 May 2026 |
| Eligibility Cut-off Date | 31 March 2026 |
| Tentative Date of Online Examination | June 2026 |
| Tentative Date of Interview | June 2026 |
Salary Structure
The selected candidates will be placed in Scale V with an attractive pay structure and comprehensive allowances.
- Basic Pay: ₹1,20,940 – 3,360/2 – 1,27,660 – 3,680/2 – 1,35,020/-
- Gross Monthly Salary: ₹1,80,000 to ₹2,10,000 (including DA, HRA, and other allowances)
- Net In-Hand Salary: ₹1,35,000 to ₹1,60,000 (after deductions like Income Tax, NPS, and PF)
Allowances and Benefits:
- Dearness Allowance (DA): Revised quarterly based on CPI inflation
- House Rent Allowance (HRA): Provided if bank accommodation is not availed, or leased accommodation facility in metro cities
- City Compensatory Allowance (CCA): Based on city category
- Medical Benefits: Reimbursement of medical expenses for self and family
- Conveyance Allowance: Fuel and maintenance allowance, along with driver allowance
- Leave Fare Concession (LFC): Travel allowance for officer and family within India
- Concessional Loans: Lower interest rates on home, car, and personal loans
- Probation Period: 2 years from the date of joining
- Indemnity Bond: INR 3,00,000/- to be executed, valid for 3 years of service
What Are The Benefits Of The Job
The Central Bank of India AGM position offers numerous professional and financial benefits for experienced banking specialists:
- Senior Management Position: Scale V role with significant decision-making authority in specialist domains
- Attractive Compensation: Gross salary up to ₹2.1 lakh per month with regular increments
- Comprehensive Allowances: DA, HRA, CCA, medical benefits, and conveyance facilities
- Career Growth: Opportunity for further promotions to higher scales based on performance
- Job Security: Public sector bank employment with stable career prospects
- Professional Development: Exposure to high-level risk management, finance, and credit operations at a major PSU bank
Leave Structure:
- Earned Leave: As per bank rules for Scale V officers
- Casual Leave: Available as per standard PSU bank norms
- Sick Leave: Medical leave provisions as per regulations
- Leave Fare Concession (LFC): Available for travel within India for self and family
- Maternity/Paternity Leave: As per government guidelines
- Special Leave: For professional examinations and training programs
Important Links & Notification Pdfs
All official links and documents related to the Central Bank of India AGM Recruitment 2026 are provided below. Only official government and bank domains are included.
- Apply Online (IBPS Portal): https://ibpsreg.ibps.in/cbiagmapr26/
- Official Website – Central Bank of India: https://www.centralbank.bank.in
- Official Notification PDF: Available on https://www.centralbank.bank.in under the Career/Recruitment section
- IBPS Official Website: https://www.ibps.in
Frequenlty Asekd Questions about The Job
What is the last date to apply for Central Bank of India AGM Recruitment 2026?
The last date to submit the online application is 17th May 2026. The registration started on 30th April 2026. Candidates should apply well before the deadline to avoid last-minute technical issues on the IBPS portal.
What is the educational qualification required for CBI AGM posts?
The educational qualification varies by post. Risk Management posts require B.Sc/MBA with 55% marks and mandatory FRM/CFA/PRM certification. Finance & Accounts requires CA (ICAI member). Credit Officer requires CA/CFA/CMA or 2-year PG in Banking/Finance. All qualifications must be from recognized institutions.
What is the age limit for Central Bank of India AGM Recruitment 2026?
The age limit is 33 to 45 years as on 31 March 2026. Age relaxation is applicable: 5 years for SC/ST, 3 years for OBC, and 10 years for PwBD candidates (subject to maximum age of 56 years).
What is the monthly salary for CBI Assistant General Manager (Scale V)?
The gross monthly salary ranges from ₹1.8 lakh to ₹2.1 lakh, including DA, HRA, and other allowances. The net in-hand salary is approximately ₹1.35 lakh to ₹1.6 lakh after deductions for Income Tax, NPS, and PF.
Does this recruitment guarantee posting only in Mumbai?
The initial posting will be in Mumbai, but candidates will be liable to be transferred anywhere in India as per the bank’s transfer policy. Candidates must be willing to serve at any branch/office of the bank across the country.
What is the selection process for CBI AGM 2026?
The selection involves an Online Examination (100 marks, 60 minutes) followed by a Personal Interview (100 marks). The final merit is calculated with 70% weightage for the online test and 30% for the interview. Candidates must secure minimum qualifying marks in both stages.
What is the minimum experience required for these posts?
A minimum of 10 years of relevant banking experience is required. For Risk Management posts, 5 years must be in Risk Management in scheduled commercial banks with 2000+ branches. For Finance & Accounts, 7 years must be at Head Office handling taxation and balance sheet work. For Credit, 7 years must be in Corporate Credit/Project Finance.
What is the application fee for General category candidates?
General, OBC, and EWS candidates must pay ₹850 (including application fee, intimation charges, and GST). SC/ST/PwBD/Women candidates pay only ₹175 as intimation charges. The fee is non-refundable.
Is there any bond requirement after selection?
Yes, selected candidates must execute an indemnity bond of ₹3,00,000 to serve the bank for a minimum of 3 years. If a candidate leaves service within 3 years, the bond amount becomes payable to the bank.
What documents are required at the time of interview?
Candidates must produce original and self-attested copies of marksheets, degree certificates, experience certificates, caste/PwBD certificates, OBC NCL certificate, EWS certificate, NOC from current employer (if applicable), and a passport size photograph. A minimum CIC credit score of 650 with no defaults is also mandatory.