Central Bank of India AGM Recruitment 2026 Notification Out - Apply Online for 15 Assistant General Manager Posts

Central Bank of India has released a significant recruitment notification for the position of Assistant General Manager (AGM) in specialist categories. This recruitment drive offers 15 vacancies across various specialized domains including Risk Management, Finance & Accounts, and Credit Officer roles. The bank seeks experienced banking professionals for these senior management positions at Scale V level.

The application process is entirely online through the official portal, with the registration window open from April 30, 2026, to June 7, 2026. Selected candidates will be initially posted in Mumbai but may be transferred anywhere across India as per the bank's requirements. This recruitment presents a substantial career advancement opportunity for qualified banking professionals seeking senior management roles.

Quick Facts

About the recruitment

The Central Bank of India AGM recruitment 2026 aims to fill 15 specialist positions at the Assistant General Manager level (Scale V). These positions are categorized into three main specializations: Risk Management (with sub-specializations in Compliance/Risk Management, Asset Liability Management, and Digital Risk & Analytics), Finance & Accounts, and Credit Officer roles.

This recruitment targets experienced banking professionals who possess both the technical expertise and managerial capabilities required for senior-level positions. The selected candidates will join the bank's senior management team and will be responsible for handling critical functions within their respective specializations. The initial posting will be in Mumbai, though candidates should be prepared for potential transfers to any location across India as per organizational needs.

Important Dates

The recruitment process follows a strict timeline that candidates must adhere to for successful application. The online registration window begins on April 30, 2026, and continues until June 7, 2026, with the latter being the extended deadline from the original May 25, 2026, cutoff.

The application fee payment window is operational from April 30, 2026, to May 17, 2026, and payments can only be made through online modes. The eligibility cut-off date for all qualifications, experience, and age criteria is fixed as March 31, 2026. Tentative dates for the online examination and interview are scheduled for June 2026, though candidates should monitor the official website for any updates or changes to this schedule.

Vacancy Details

A total of 15 vacancies have been announced across various specialist categories. The distribution includes positions in Risk Management (with sub-categories), Finance & Accounts, and Credit Officer roles. These vacancies are distributed across different reserved categories including SC, ST, OBC, EWS, and UR as per Government of India reservation guidelines.

The vacancy numbers are provisional and subject to change based on the bank's actual requirements. Reservation for PwBD (Divyangjan) categories is also applicable as per established government norms. Candidates should carefully review the category-wise distribution in the official notification to understand the exact number of positions available in their respective categories.

Eligibility

Candidates must meet stringent eligibility criteria as of March 31, 2026. The educational requirements vary by specialization but generally include full-time bachelor's or master's degrees in relevant fields with minimum 55% marks from AICTE/UGC approved universities. For Risk Management positions, mandatory professional certifications such as FRM (GARP USA), CFA (CFA Institute USA), or PRM (PRMIA USA) are required.

Experience requirements are equally rigorous, with most positions requiring a minimum of 10 years in banking (officer cadre), including specific years in the relevant specialization. For example, Risk Management roles require at least 5 years of dedicated experience in risk management within scheduled commercial banks having more than 2000 branches. Candidates must currently hold at least Chief Manager position with minimum 1 year experience or minimum 4 years as Senior Manager.

Age Limit

The age limit for all AGM positions is set between minimum 33 years and maximum 45 years as on March 31, 2026. This age criteria is uniform across all specialist categories including Risk Management, Finance & Accounts, and Credit Officer roles.

Age relaxation is provided as per Government of India guidelines: 5 years for SC/ST candidates, 3 years for OBC candidates, and 10 years for PwBD (Divyangjan) candidates. Additional relaxation of 15 years for SC/ST PwBD and 13 years for OBC PwBD is applicable, subject to a maximum age limit of 56 years. Specific relaxations also apply for children/family members of those who died in the 1984 riots (5 years) and ex-servicemen with at least 5 years military service (5 years).

Application Mode

The application process is exclusively online through the designated portal. No offline or physical applications will be accepted under any circumstances. Candidates must complete their registration and application submission through the official IBPS portal specifically created for this recruitment.

The online application system requires candidates to upload scanned documents including photograph (200x230 pixels, 20-50 KB), signature (140x60 pixels, 10-20 KB), left thumb impression (240x240 pixels, 20-50 KB), and handwritten declaration (800x400 pixels, 50-100 KB). Candidates must ensure they have a valid personal email ID and mobile number that remains active throughout the entire recruitment process.

Selection Process

The selection process comprises two stages: an online examination worth 100 marks followed by an interview also worth 100 marks. The online examination consists of stream/category specific questions (70 questions, 70 marks) and banking, present economic scenario & general awareness (30 questions, 30 marks), with a composite time of 60 minutes.

Candidates who qualify in the online test will be called for interview in the ratio of 4 times the number of vacancies category-wise. The final merit list will be prepared based on combined performance in both stages with a weightage of 70% for the online test and 30% for the interview. Qualifying marks are set at 50% for General/EWS candidates and 45% for SC/ST/OBC/PwBD candidates in both written test and interview. There is no negative marking for wrong answers in the online examination.

How to Apply

The application process involves several critical steps that candidates must follow carefully. First, candidates should visit the official IBPS portal at https://ibpsreg.ibps.in/cbiagmapr26/ during the application period from April 30 to June 7, 2026.

Before starting the application, prepare all required documents: scanned format of photograph, signature, left thumb impression, and handwritten declaration with specified dimensions and file sizes. Ensure you have all educational certificates, experience documents, and category certificates ready for reference during application filling.

Complete the online application form with accurate personal, educational, and professional details. Upload all required documents in the prescribed formats. Proceed to pay the application fee through the online payment gateway. Review all entered information carefully before final submission as modifications may not be possible afterward.

After successful submission, take a printout of the application form for future reference. Keep your application number and registration details safe for all future correspondence. Monitor your registered email and mobile for any updates or communications regarding the recruitment process.

Why this matters

This recruitment represents a significant career opportunity for banking professionals aiming for senior management positions in one of India's prominent public sector banks. The AGM position at Scale V offers substantial responsibility, professional growth, and competitive compensation in the banking sector.

The selection to this position provides not only a prestigious role but also a comprehensive compensation package with basic pay ranging from Rs. 1,20,940 to Rs. 1,35,020 along with other allowances and benefits applicable to senior management in public sector banks. This recruitment also offers the stability and growth potential associated with a public sector banking career while working in specialized domains that are critical to modern banking operations.

Summary

The Central Bank of India AGM recruitment 2026 offers a prestigious opportunity for qualified banking professionals to advance to senior management roles. Interested and eligible candidates should carefully review the official notification, ensure they meet all eligibility criteria as of March 31, 2026, and complete their online applications through the official portal before the June 7, 2026 deadline. For detailed information and application, visit the official website at https://www.centralbank.bank.in/.

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