Bank of Baroda Contractual Deputy Vice President Recruitment 2026 – Complete Official Notification Analysis

Bank of Baroda Recruitment 2026 – Overview

The Bank of Baroda has released a significant recruitment notification (Advertisement Number: BOB/HRM/REC/ADVT/2026/05) for the year 2026. The bank is seeking experienced professionals for two high-level contractual positions in its Corporate & Institutional Credit (C&IC) Department. These posts are for Deputy Vice President – Underwriting Specialist in two distinct sectors: Power and Real Estate. This recruitment is a direct opportunity for seasoned banking and finance professionals to join one of India's leading public sector banks in a senior management capacity. The entire application process is online, and candidates must apply through the official bank website within the stipulated timeframe.

Eligibility, Selection Process & Key Highlights

Candidates applying for these Deputy Vice President roles must possess a Bachelor’s degree from a recognized institution along with substantial, relevant post-qualification experience in the respective domain (Power or Real Estate). A critical, non-negotiable eligibility criterion is a CIBIL score of 680 or above. The selection process is rigorous and may include application scrutiny, an online test, a psychometric assessment, and a personal interview. The remuneration is not fixed but is determined based on the candidate's qualifications, experience, last drawn salary, and market benchmarks. Applicants, especially those currently employed in government or public sector undertakings, must note the requirement to produce a No Objection Certificate (NOC) at the interview stage.

About Important Dates of Bank of Baroda DVP Recruitment 2026

The Important Dates form the backbone of your application planning. The eligibility cut-off date of 01 February 2026 is crucial—all your qualifications, age, and experience will be considered valid only if they meet the criteria on or before this date. The application window from 06 to 26 February 2026 is relatively short, emphasizing the need for prompt action. A common mistake is waiting until the last day, which can lead to website congestion and rushed errors. Note that the last date for fee payment is the same as the application deadline; an application without successful fee payment is considered incomplete and will be rejected. Since there is no mention of a correction window, you must verify every detail before final submission.

About Application Fees of Bank of Baroda DVP Recruitment 2026

The Application Fee is a mandatory step to validate your candidature. The fee structure offers a concession for candidates from SC, ST, PWD, Women, and Ex-Servicemen categories, aligning with government norms. The fee is non-refundable, meaning it will not be returned if you are not shortlisted or if you decide to withdraw. Payment must be made exclusively through the online gateway on the bank's career portal. Candidates must account for any additional payment gateway charges. It is vital to keep the transaction receipt and e-receipt generated after payment as proof. Multiple fee payments for the same application are not refunded, so ensure you pay only once successfully.

About Vacancy Details of Bank of Baroda DVP Recruitment 2026

The Vacancy Details highlight two specialized, senior roles within the bank's credit department. With only one post in each domain (Power and Real Estate), the competition is expected to be intense. Both posts are categorized as 'Unreserved' (UR), but candidates from all categories can apply subject to general eligibility. The posting location is mentioned as "As per Bank requirement," indicating that selected candidates are liable to be transferred anywhere in India. This is a critical consideration for applicants, as it involves relocation flexibility. The bank also reserves the right to increase or decrease the number of vacancies, which means the final count could change based on administrative needs.

About Eligibility Criteria of Bank of Baroda DVP Recruitment 2026

The Eligibility Criteria set a high bar, targeting seasoned professionals. The 'Bachelor's Degree' requirement seems basic, but it must be from a Government of India or AICTE-recognized institution. Degrees from distance learning or part-time modes are explicitly not considered. The core of the eligibility lies in 'substantial experience' in sector-specific underwriting, corporate credit, and project financing. Crucially, experience of less than six months and any clerical cadre experience are not counted. The mandatory CIBIL score of 680+ is a unique and non-negotiable financial fitness check. Candidates with defaulted loans or adverse credit history will be disqualified, even after selection. The age limit is not specified, which is typical for such contractual senior roles, but candidates should be prepared for an expectation aligned with substantial work experience.

About Category Wise Posts of Bank of Baroda DVP Recruitment 2026

The Category Wise Posts table shows that both vacancies are currently advertised under the Unreserved (UR) category. This does not mean reserved category candidates cannot apply; they can apply against these UR posts but will not have the benefit of reservation or age relaxation specific to their category. The number of vacancies is minimal, and there are no separate reserved posts. This structure places a premium on pure merit and experience during the shortlisting process. Candidates from reserved categories should ensure their application is exceptionally strong in terms of domain experience and qualifications to compete in the open field.

About Exam Pattern of Bank of Baroda DVP Recruitment 2026

The Selection Process, or Exam Pattern, for this recruitment is multi-layered and designed to assess both professional competence and personal suitability. The initial Application Scrutiny is critical; your resume and documents must convincingly demonstrate the required sector-specific expertise. The bank may or may not conduct an Online Test—this ambiguity means candidates should be prepared for a potential domain-specific written assessment. The Psychometric Test is not about right or wrong answers but evaluates personality traits, communication, problem-solving, and overall fit for a senior banking role. The final hurdle is the Personal Interview, where you must score above the qualifying marks (60% for UR). The entire process is merit-driven, and simply meeting eligibility does not guarantee an interview call.

About Physical Eligibility Criteria of Bank of Baroda DVP Recruitment 2026

For these Deputy Vice President roles, there are no prescribed Physical Eligibility Criteria such as height, chest measurement, or a physical endurance test. This is standard for senior professional and managerial positions where the job role is entirely based on intellectual, analytical, and decision-making capabilities. However, selected candidates may still be required to undergo a standard medical examination as per the bank's policy to ensure they are medically fit for the duties assigned. The absence of physical standards widens the pool of eligible candidates, focusing entirely on professional merit and experience.

About Salary of Bank of Baroda DVP Recruitment 2026

The Salary or Remuneration structure for these posts is negotiable and not tied to a standard government pay scale. This is a key feature of contractual roles in senior management. The final offer will be a customized package determined after considering your current CTC, your experience, the market rate for such specialized skills, and your performance in the selection process. This means there is scope for negotiation for high-caliber candidates. However, it also implies a lack of the fixed annual increments and assured pension benefits associated with regular bank posts. Benefits will be as per the bank's policies for contractual employees. The all-India transfer liability is a standard condition for such senior roles.

About Syllabus of Bank of Baroda DVP Recruitment 2026

Since this is a specialized recruitment for senior professionals, there is no predefined 'Syllabus' in the traditional sense. However, candidates must prepare comprehensively in key areas. Your preparation should focus intensely on your core domain—be it Power or Real Estate—including sector dynamics, regulatory frameworks, project appraisal, and risk mitigation. Banking knowledge must cover advanced corporate lending, credit underwriting processes, and relevant RBI regulations. For the psychometric test, there is no preparation needed; answer honestly as it assesses your innate behavioral traits and suitability for a high-pressure banking role. The interview will likely delve deep into your past projects, decision-making scenarios, and sector-specific challenges you have handled.

About How to Apply for Bank of Baroda DVP Recruitment 2026

The application process is strictly online, and no other mode is accepted. The most critical step is registration; use a personal, active email ID and mobile number that you will not change until the recruitment process concludes, as all communication will be sent there. While filling the form, be meticulous about your work experience details—dates, designations, and specific roles must match your supporting documents. Document upload specifications (size, format for photo/signature) must be followed precisely to avoid technical rejection. Pay the fee only after verifying all details, as no changes are allowed post-submission. Finally, downloading and saving the application form and payment receipt is mandatory for future reference.

Beyond the standard details, this notification contains several stringent clauses that candidates must understand to avoid disqualification at any stage.

The Paramount Importance of Credit History (CIBIL Score)

The mandate of a minimum CIBIL score of 680 is not just a formality but a core eligibility condition. For a bank, especially for a role involving credit underwriting, the personal financial discipline of a candidate is a direct reflection of their professional judgment. A score below 680, or the presence of settled/defaulted accounts, will lead to immediate disqualification—even if you clear the interview. This check happens at the time of joining. Candidates are strongly advised to check their credit report well in advance from the CIBIL website. If your score is borderline, take steps to improve it by clearing outstanding dues and ensuring timely payments on all loans and credit cards before applying.

Contractual Nature and Lack of Permanent Absorption

These positions are purely contractual and fall under the bank's "Senior Management" contractual cadre. It is crucial to internalize that this engagement offers no claim or right for future appointment on a regular, permanent basis with the Bank of Baroda. The terms of employment, including tenure, remuneration, and termination, will be governed by the specific contract offered and the bank's extant policies for contractual staff. This is a project/requirement-based role, ideal for professionals seeking challenging assignments and competitive pay rather than lifelong job security and pension benefits associated with a regular public sector bank job.

Strict Compliance on Application Integrity and Conduct

The notification explicitly warns against canvassing and reserves the bank's right to debar candidates permanently for any misconduct. This includes providing false information, submitting forged documents, or attempting to influence the selection committee. Any candidate found to have applied multiple times will have all but their latest application cancelled, with forfeited fees. Furthermore, the bank's decision on all matters—shortlisting, interview call, selection, and posting—is final and binding. No correspondence will be entertained regarding non-selection. The legal jurisdiction for any dispute is exclusively in Mumbai. These clauses underscore the formal and transparent nature of the process, where merit and compliance are the only pathways.

1. What is the last date to apply for Bank of Baroda DVP Recruitment 2026?

The last date to submit the online application and pay the fee is 26 February 2026. The application portal will close on this date, so complete the process well in advance.

2. I have an MBA but my Bachelor's degree is through distance learning. Am I eligible?

No. The notification clearly states that degrees from distance learning or part-time modes are not considered. Your essential Bachelor's degree must be from a regular, recognized university/institute approved by Govt. of India/AICTE.

3. Is work experience in a private NBFC considered valid for this role?

Yes, relevant post-qualification experience in corporate credit, underwriting, or project financing in a reputable private NBFC, bank, or financial institution in the Power/Real Estate domain is generally considered valid, provided you can produce authentic experience certificates.

4. What is the age limit for these Deputy Vice President posts?

The official notification does not specify an age limit for these contractual senior management positions. However, candidates are expected to have substantial experience, which implicitly aligns with a certain age bracket.

5. How is the salary determined for these posts?

The remuneration is not fixed. It will be determined based on your qualifications, total relevant experience, last drawn salary (CTC), current market benchmarks for similar roles, and your overall suitability negotiated during the final offer stage.

6. Is the CIBIL score checked at the time of application or later?

The CIBIL score of 680 or above is mandatory at the time of joining. However, it is prudent to ensure you meet this criteria at the application stage itself, as it is a non-negotiable condition for eligibility.

7. Can I apply for both the Power and Real Estate positions?

The notification mandates only one application per candidate. You must choose the position (Power or Real Estate) where you have substantial and relevant domain experience and apply for that one only.

8. What is the selection process? Is there a written exam?

The selection may include Application Scrutiny, an Online Test (if conducted), a Psychometric Test, and a Personal Interview. The bank reserves the right to decide the exact process, and a written exam is not guaranteed.

9. I am a government employee. Can I apply?

Yes, but you must produce a No Objection Certificate (NOC) from your current employer at the time of the interview. Failure to do so will lead to disqualification.

10. Where will the selected candidate be posted?

The posting location is as per the Bank's requirement, and candidates can be transferred anywhere in India during the contractual period. The initial location is not guaranteed.

11. Is there any reservation for PwBD (Persons with Benchmark Disabilities) candidates?

The vacancy table shows 0 posts reserved for PwBD in this specific advertisement. However, PwBD candidates can apply under the UR category and are eligible for the reduced application fee of ₹175.

12. What happens if I pay the fee but my application submission fails?

Your application is considered complete only after successful fee payment AND final submission. If payment is deducted but submission fails, contact the bank's helpdesk immediately with your transaction proof.

13. Are candidates from the Real Estate broking business eligible?

Eligibility depends on the nature of experience. The role requires experience in underwriting and credit assessment for real estate projects, not sales or brokerage. Experience in a bank/NBFC's real estate finance division is more relevant.

14. What kind of questions can be expected in the Psychometric Test?

The Psychometric Test assesses personality traits, work style, problem-solving approach, and ethics. There are no right/wrong answers. Answer honestly based on how you truly think and behave in professional settings.

15. Is there a bond or service agreement for these contractual posts?

The notification states that service conditions are governed by the Bank's extant policies, which may include a service bond or notice period clause. Details will be specified in the appointment contract offered upon selection.