Central Bank of India AGM Bharti 2026: Senior Specialist Banking Roles for CAs and Risk Professionals

Central Bank of India has issued a fresh recruitment notification for 15 Assistant General Manager (AGM, Scale V) Specialist Cadre Officer posts across Risk Management, Finance & Accounts and Credit verticals. This is a senior banking role with a strong basic pay scale of ₹1,20,940 to ₹1,35,020 per month plus perquisites — one of the most senior openings on GovtJobsAlert.in for experienced professionals.

The online application window runs from 30 April 2026 to 17 May 2026 at the IBPS-hosted recruitment portal. Tentative online examination and interview are scheduled for June 2026. If you are a Chartered Accountant, MBA Finance, FRM / CFA / PRM holder with at least 10 years of post-qualification banking experience in officer cadre, this could be your career-defining move. Browse more banking jobs for parallel openings.

Key Highlights — Central Bank of India AGM Recruitment 2026

Central Bank of India is one of the country’s oldest public-sector banks. Posting will be at corporate office Mumbai initially, with PAN-India transfer liability. The recruitment is being conducted by the bank’s HCM (Recruitment & Promotion) division, Central Office.

  • Post Name: Assistant General Manager (Specialist) — Scale V
  • Total Vacancies: 15 posts
  • Pay Scale: ₹1,20,940 – ₹1,35,020 per month plus perquisites
  • Eligibility: 10 years post-qualification banking experience
  • Job Location: Mumbai initially; transferable PAN India
  • Last Date to Apply: 17 May 2026

Central Bank AGM Vacancy Breakdown 2026

The 15 posts span six specialist verticals. Category-wise reservation is SC 2, ST 1, OBC 3, EWS 1 and UR 8.

Stream Vacancies
AGM Finance & Accounts 5
AGM Credit Officer 5
AGM Risk Management 2
AGM Compliance / Risk Management 1
AGM Asset Liability Management 1
AGM Digital Risk & Analytics 1
Total 15

Central Bank AGM Eligibility Criteria 2026

Educational Qualification

The qualification varies stream by stream. Eligibility is checked as on 31 March 2026.

  • Risk Mgmt / Compliance / ALM: Full-time B.Sc. Statistics or Economics, OR Bachelor’s in Statistics / Applied Maths / OR / Data Science with 55%, OR full-time MBA Finance / Banking or PGDBM / IPGD-Risk Management with 55%. Mandatory: FRM (GARP) / CFA (CFA Institute) / PRM (PRMIA) certification.
  • Digital Risk & Analytics: Full-time Bachelor’s in Maths / Statistics, OR B.E. / B.Tech in Data Science / IT / Computer Science / Software Engineering. PG in Statistics / Maths / Economics / Econometrics preferred.
  • Finance & Accounts: Full-time graduation plus must have passed final exam of ICAI and be enrolled as CA member.
  • Credit Officer: CA / CFA / CMA-ICWA, OR two-year full-time PG degree in Banking / Finance / credit-related field.

Experience Required

  • Minimum 10 years post-qualification banking experience in officer cadre at scheduled commercial banks with more than 2,000 branches
  • Minimum 5 years in Risk Management for Risk streams; 7 years for Finance & Accounts at HO or AO; 7 years in corporate / project / mid & large credit for Credit Officer
  • Must currently be Chief Manager (minimum 1 year) OR have completed minimum 4 years as Senior Manager

Age Limit

  • Minimum age: 33 years
  • Maximum age: 45 years (as on 31 March 2026)
  • Relaxation: SC / ST 5 years; OBC 3 years; PwBD 10 years (max 15 SC/ST, 13 OBC); 1984 riots victims 5 years; Ex-servicemen 5 years (relaxation only, no reservation)
  • Maximum age cap: 56 years for PwBD candidates

What is the Salary for Central Bank AGM 2026?

The Scale V basic pay structure is ₹1,20,940 – 3360/2 – 1,27,660 – 3680/2 – 1,35,020 per month, plus perquisites and allowances as per the bank’s policy.

  • Basic Pay Range: ₹1,20,940 to ₹1,35,020 per month
  • Perquisites: HRA, lease accommodation, special allowance, transport allowance, medical, leased vehicle, club, mobile, newspaper
  • Other Benefits: Provident Fund, Pension, Leave Fare Concession, performance-linked incentives, contribution to NPS

Total cost-to-company at Scale V entry typically lands in the ₹25 to ₹30 lakh per annum range — one of the strongest banking packages for specialist roles in India.

The role carries a 2-year probation and an indemnity bond of ₹3,00,000 if the candidate exits within 3 years of joining. A minimum CIC (credit) score of 650 is also required.

What is the Selection Process for Central Bank AGM 2026?

Selection is a clean two-stage process — Online Test followed by Interview. Final merit weightage is 70:30 between the test and interview.

  1. Online Test — 100 marks composite test of 60 minutes total: 70 stream / category-specific questions (70 marks) plus 30 questions on Banking, Economic Scenario and General Awareness (30 marks). No negative marking.
  2. Interview — 100 marks for shortlisted candidates after the online test.
  3. Final Selection — based on combined Online Test plus Interview score with 70:30 weightage.

Qualifying Marks

  • Online Test & Interview: 50% for General / EWS, 45% for SC / ST / OBC / PwBD
  • Interview Call Ratio: Up to 4× advertised vacancies

Exam Centres

Online exam centres are spread across all states, NCR and the North-East region. Specific centres will be allotted in the admit card.

How to Apply Online for Central Bank AGM 2026?

Applications are accepted only through the IBPS-hosted Central Bank of India recruitment portal. Keep all certificates and recent photograph and signature scans ready.

  1. Visit the apply portal listed in Essential Links below
  2. Click “New Registration” and complete basic registration
  3. Log back in using your registration number and password
  4. Fill detailed personal, educational, professional and experience information
  5. Upload scanned photograph, signature, ID proof and qualifying certificates
  6. Pay the application fee online using Debit Card, Credit Card, Net Banking, IMPS, UPI or Wallets
  7. Submit the form and download the system-generated acknowledgement

Important Dates — Central Bank AGM 2026

Event Date
Online Registration Opens 30 April 2026
Last Date to Apply 17 May 2026
Eligibility Cut-off Date 31 March 2026
Tentative Online Examination June 2026
Tentative Interview June 2026

Central Bank AGM Application Fees 2026

The fee is GST-inclusive and non-refundable.

Category Fee
SC / ST / PwBD / Women ₹175
All Other Candidates ₹850

Payment is online only — Debit Card, Credit Card, Net Banking, IMPS, UPI or mobile wallets are accepted.

Essential Links — Central Bank of India AGM Recruitment 2026

If you are a CA, MBA Finance or risk-certified banker with a decade-plus career in scheduled commercial banks, Central Bank of India AGM 2026 is one of the most rewarding senior-grade openings of this year. Submit early and prepare for the June test. For more parallel openings, see post-graduate govt jobs on GovtJobsAlert.in.