⚠️ Important Notice: The online registration process for Central Bank of India Assistant General Manager (AGM – Scale V) Specialist Recruitment 2026 was open from 30 April 2026 to 17 May 2026 (extended registration window closed on 07 June 2026). Applications are currently closed. This page serves as a permanent reference guide detailing senior banking qualifications, domain-specific experience mandates, Scale-V pay matrices, and selection processes for candidates tracking public sector banking leadership vacancies.
The Central Bank of India (CBI), one of India’s oldest and major Public Sector Banks (PSBs), officially issued a recruitment notification for 15 Assistant General Manager (AGM – Scale V) Specialist vacancies. These senior management posts span key operational domains including Risk Management, Finance & Accounts, and Credit Officers.
Selected executives enter directly into Senior Management Grade Scale-V (SMGS-V), handling strategic portfolio management, risk modeling frameworks, corporate taxation, and large-scale corporate credit underwriting. Selection is governed through an online examination (100 Marks) followed by a personal interview (100 Marks).
📌 Central Bank of India AGM Specialist Recruitment 2026: Key Overview
| Parameter | Details |
|---|---|
| Recruiting Bank | Central Bank of India (CBI) / IBPS Portal |
| Post Cadre | Assistant General Manager (AGM) – Specialist Category (Scale V) |
| Total Vacancies | 15 Posts (Risk: 5, Finance & Accounts: 5, Credit: 5) |
| Educational Qualification | B.Sc. / B.E./B.Tech / CA / CFA / MBA (Finance) with mandatory certifications (FRM/PRM/CFA) |
| Mandatory Experience | Minimum 10 Years Banking Experience (with 5–7 years in core domain) |
| Age Limit | 33 to 45 Years (As of 31 March 2026 | Category relaxations apply) |
| Basic Pay Scale | Scale V: ₹1,20,940 – ₹1,35,020 per month + PSB Allowances |
| Gross Starting Salary | ₹1,50,000 to ₹1,80,000+ per month (approx.) |
| Selection Weightage | Online Exam (70% Weightage) + Personal Interview (30% Weightage) |
| Official Website | centralbankofindia.co.in / ibpsreg.ibps.in |
📅 Official Recruitment Timeline
| Recruitment Phase | Official Schedule |
|---|---|
| Official Notification Release Date | 30 April 2026 |
| Online Application Window Opening Date | 30 April 2026 |
| Fee Payment Window Closing Date | 17 May 2026 |
| Extended Closing Date for Online Registration | 07 June 2026 |
| Cut-off Date for Age & Experience | 31 March 2026 |
| Online Examination & Interview Schedule | June / July 2026 |
🏢 Post-Wise Vacancy Distribution
The total 15 vacancies are allocated across specialized senior management tracks as follows:
| Specialization Stream | Sub-Domain Roles | Total Vacancies |
|---|---|---|
| Risk Management | Core Risk (2), Compliance (1), ALM (1), Digital Risk & Analytics (1) | 05 |
| Finance & Accounts | Corporate Taxation, Balance Sheet & Financial Reporting | 05 |
| Credit Officer | Corporate Credit Appraisal & Large Project Finance | 05 |
| Total Vacancies | — | 15 Posts |
🎓 Post-Wise Educational & Professional Experience Eligibility
All candidates must fulfill strict academic, certification, and service duration criteria as of 31 March 2026:
1. AGM – Risk Management (5 Posts)
- Academic Qualification: Full-time B.Sc. in Statistics or Economics (Min. 55% marks) OR B.E./B.Tech / Bachelor’s in Analytics/Data Science OR full-time MBA (Finance/Banking) / PGDBM.
- Mandatory Certification: Must possess active FRM (GARP), PRM (PRMIA), or CFA (CFA Institute, USA) certification.
- Experience Mandate: Minimum 10 years of officer-cadre banking experience in Scheduled Commercial Banks (having 2,000+ branches), with at least 5 years specifically in Risk Management / ALM / Digital Risk. Must currently hold Chief Manager level (min. 1 year) or Senior Manager level (min. 4 years).
2. AGM – Finance & Accounts (5 Posts)
- Academic Qualification: Graduation in any discipline + Chartered Accountant (CA) qualification with mandatory ICAI membership.
- Experience Mandate: Minimum 10 years of banking experience as an officer, with at least 7 years in corporate taxation, GST, IFRS/Ind-AS compliance, or balance sheet management (Head Office level preferred).
3. AGM – Credit Officer (5 Posts)
- Academic Qualification: Chartered Accountant (CA) / CFA / CMA OR 2-year full-time MBA in Finance / Post Graduate Degree in Banking & Finance.
- Experience Mandate: Minimum 10 years of banking experience, with at least 7 years dedicated to corporate credit appraisal, large loan structuring, or infrastructure/project finance.
🔞 Age Limit Criteria & Relaxations (As of 31 March 2026)
- Minimum Age Limit: 33 Years
- Maximum Age Limit (Unreserved / General): 45 Years
Category-Wise Upper Age Relaxations
| Category | Upper Age Relaxation | Effective Maximum Age |
|---|---|---|
| General / Unreserved / EWS | No Relaxation | 45 Years |
| OBC (Non-Creamy Layer) | 3 Years | 48 Years |
| Scheduled Caste (SC) / Scheduled Tribe (ST) | 5 Years | 50 Years |
| Persons with Benchmark Disabilities (PwBD) | 10 to 15 Years | 55 to 60 Years |
💰 Salary Structure & Benefits (Pay Scale V)
- Pay Scale (Scale V): ₹1,20,940 – 3,360/2 – ₹1,27,660 – 3,680/2 – ₹1,35,020.
- Estimated Monthly Emoluments: Starting basic pay is ₹1,20,940 per month. Including Dearness Allowance (DA), House Rent Allowance (HRA) or leased accommodation, Special Allowance, and City Compensatory Allowance, the starting gross compensation ranges between ₹1,50,000 to ₹1,80,000 per month depending on posting location.
- Retireal Benefits: Superannuation benefits including NPS/Defined Pension contribution, Gratuity, Executive Health Checkup, and concessional loan facilities.
⚙️ Two-Tier Selection Process & Examination Pattern
Selection is conducted through an Online Written Examination and a Personal Interview with a weightage ratio of 70:30:
1. Online Examination (100 Marks / 60 Minutes)
An objective test comprising 100 questions (Duration: 1 Hour):
| Section Domain | Questions / Marks |
|---|---|
| Stream / Professional Knowledge (Risk / Finance / Credit) | 70 Questions / 70 Marks |
| Banking, Economy & General Awareness | 30 Questions / 30 Marks |
| Total | 100 Questions / 100 Marks |
Note: No negative marking is applied for incorrect responses in this examination.
2. Personal Interview (100 Marks)
Candidates scoring above the written cutoff are called for a personal interview in a 1:4 ratio per vacancy. The interview evaluates executive leadership, domain problem-solving, and RBI regulatory comprehension.
💳 Application Fee Structure
| Category | Application Processing Fee |
|---|---|
| General / OBC / EWS Candidates | ₹850/- + GST |
| SC / ST / PwBD / Women Candidates | ₹175/- + GST |
📝 Step-by-Step Guide: How Online Registration Worked
- Visited the official IBPS portal dedicated to Central Bank of India AGM recruitment (
ibpsreg.ibps.in/cbiagmapr26/). - Click on New Registration and entered primary personal details to generate a Registration Number and Password.
- Selected the specific specialization post code (Risk, Finance & Accounts, or Credit) matching professional qualifications.
- Entered professional experience credentials chronologically, specifying designation level (Chief Manager or Senior Manager).
- Uploaded scanned passport photograph, signature, and mandatory domain experience certificates.
- Paid the application fee online via Net Banking, Debit/Credit Card, or UPI.
- Submitted the form and downloaded the confirmation printout for personal records.
⚠️ Frequently Asked Questions (FAQs)
1. Was 10 years of banking experience mandatory for Central Bank of India AGM recruitment?
Yes. Candidates were required to have a minimum of 10 years of officer-cadre experience in banking, with at least 5 to 7 years in the specific domain applied for.
2. Is there negative marking in the Central Bank AGM online written exam?
No. The online objective test carried no negative marking penalty for wrong answers.
3. What is the selection score weightage between the exam and interview?
Final merit is compiled using a weightage ratio of 70% for the Online Written Test and 30% for the Personal Interview.
4. What is the starting basic pay for Scale-V AGM posts in Central Bank of India?
The starting basic pay is ₹1,20,940 per month under 12th Bipartite Settlement Scale-V pay structures.
Disclaimer: Govt Result Alert is an independent educational news portal providing updates on public sector banking recruitments. We are not officially affiliated with the Central Bank of India or IBPS. Candidates are advised to cross-verify all official details directly at centralbankofindia.co.in or ibps.in.
Ramavtar is a passionate career researcher dedicated to helping job seekers find the latest government job notifications across India. He covers SSC, Railway, Banking, Police, and State PSC recruitments to keep aspirants informed and ahead.
