Chief Manager – Economist – BOM
Quick Info
- Vacancies
- Vacancies: 1
- Employment Type
- Employment Type: Full Time
- Pay Scale
- Pay Scale: ₹102,300 per month
- Qualification
- Qualification: Post Graduation Degree in Economics; Doctorate in relevant fields like Banking or International Finance is preferred.
- Experience Required
- Experience Required: Minimum 5 years of experience as an Economist in a Financial Institution or 5 years of teaching experience in Economics.
- Age Limit
- Age Limit: Upto 40 years
- Application Mode
- Application Mode: Online
- Deadline
- Deadline:
Bank of Maharashtra is seeking a Chief Manager – Economist (Scale IV) to lead data interpretation and statistical analysis for strategic economic insights. This permanent position for 1 vacancy offers a competitive pay scale starting at ₹1,02,300, making it an excellent opportunity for mid-career professionals with a Post Graduation in Economics. The role involves analyzing fiscal developments and designing large-scale sample surveys to advise the bank on risk and credit quality. It is a prestigious opening for those looking to reach top management grades within a leading public sector bank's growth journey.
- This is a full-time permanent position subject to a 6-month probation period and a service bond.
- The maximum age limit for applicants is 40 years as of the eligibility cut-off date.
- Candidates must execute a service bond of ₹3.00 Lakh for a minimum period of 2 years.
- The selection process primarily focuses on a personal interview where a minimum of 50 marks is required to qualify.
- The post includes eligibility for DA, HRA, Medical, and other perquisites as per bank rules.
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Additional Salary Information
Scale of Pay: Scale IV (₹1,02,300 – ₹1,20,940) plus applicable allowances like DA, HRA, and Medical.
Important Dates
Selection Process
Preliminary Screening of applications Written Examination (if required) Personal Interview / Discussion
Application Fees
UR / EWS / OBC: 1180 SC / ST / PwBD: 118
Reservation
1 Vacancy (UR)
How to Apply
- Visit the official Bank of Maharashtra website and navigate to the 'Current Openings' section.
- Click on the recruitment link for Specialist Officer Phase I 2026-27.
- Register and fill out the online application form with accurate personal and professional details.
- Upload scanned copies of the required documents including educational certificates, experience letters, and a brief resume.
- Upload a recent passport-size photograph, signature, and a hand-written declaration as per the specified guidelines.
- Pay the application fee online through the integrated payment gateway.
- Review all entered information carefully before final submission.
- Download and print a copy of the submitted application form for future reference.
Frequently Asked Questions
The pay scale for Chief Manager – Economist (Scale IV) is ₹102300 – 2980/4 – 114220 – 3360/2 – 120940.
Candidates must hold a Post Graduation Degree in Economics; a Doctorate in Money/Banking/International Finance is an added qualification.
The maximum age limit for this Scale IV position is 40 years.
