Bank of Baroda DVP Recruitment 2026: Apply Online for 2 Underwriting Specialist Posts in C&IC Department

Bank of Baroda Recruitment 2026 – Overview

Bank of Baroda has announced a specialized recruitment drive for contractual positions within its Corporate & Institutional Credit (C&IC) Department. The bank is seeking experienced professionals for two critical roles: Deputy Vice President - Underwriting Specialist (Power) and Deputy Vice President - Underwriting Specialist (Real Estate). This recruitment is a direct opportunity for banking and finance experts with deep domain knowledge to join a premier public sector bank on a contractual basis. The selection process will involve rigorous scrutiny of applications, potential online assessments, and interviews. Candidates must be willing to serve anywhere in India and meet the stringent credit score requirement.

Eligibility, Selection Process & Key Highlights

Candidates applying for these DVP positions must possess relevant educational qualifications and substantial post-qualification experience in the Power or Real Estate sectors, as per the detailed criteria set for 01 February 2026. The recruitment is open only to the Unreserved (UR) category, with no reservations for SC, ST, OBC, EWS, or PWD. A critical and non-negotiable eligibility condition is a minimum CIBIL score of 680 at the time of joining. The remuneration package is not fixed and will be determined based on the candidate's qualifications, experience, last drawn salary, and market benchmarks. Applicants currently serving in Government/PSU must produce a No Objection Certificate (NOC) at the interview stage.

About Important Dates for BOB DVP Recruitment 2026

The timeline for this recruitment is concise and strict. The application window is open for exactly three weeks, from 06 to 26 February 2026. It is crucial to note that no correction window is provided after submission. This makes it imperative to review every detail before finalizing the application. The eligibility of all candidates, concerning age, qualifications, and experience, will be calculated as of 01 February 2026. This is a fixed reference date, and any qualifications or experience gained after this date will not be considered. Candidates should plan their application submission well before the last date to avoid last-minute technical issues and ensure all uploaded documents meet the specified criteria.

About Application Fees for BOB DVP Recruitment 2026

The application fee structure follows standard public sector norms but with a critical caveat: it is non-refundable under any circumstances. The fee is ₹850 for candidates from the UR, EWS, and OBC categories, while SC, ST, PWD, Women, and Ex-Servicemen candidates enjoy a significantly reduced fee of ₹175. Payment gateway charges are additional. It's important to understand that multiple fee payments for a single application will not be refunded. The registration process is considered complete only after the successful payment of the fee by the last date. Candidates must keep the payment receipt and application acknowledgment number for all future correspondence.

About Vacancy Details for BOB DVP Recruitment 2026

The Bank of Baroda is recruiting for two highly specialized, domain-specific roles on a contractual basis. These are not generalist banking positions but require deep expertise in credit underwriting for the Power and Real Estate sectors. Each sector has one dedicated post, indicating the bank's targeted approach to strengthening its corporate credit portfolio in these key industries. Candidates must apply for a specific position based on their core expertise. The bank explicitly reserves the right to modify the number of vacancies as per its requirement. This is a niche recruitment drive aimed at bringing seasoned professionals on board, rather than a mass hiring exercise.

About Eligibility Criteria for BOB DVP Recruitment 2026

Eligibility is multi-faceted and stringent. The foundational requirement is a recognized educational qualification, the specifics of which are detailed in separate PDFs for each post on the bank's website. A crucial aspect is the calculation of experience: only post-qualification experience is counted, and any stint shorter than six months is disregarded. This means internships or very short-term roles do not add value to the eligibility. The most unique and critical criterion is the minimum CIBIL score of 680. This underscores the bank's expectation of financial discipline from candidates who will be handling high-value credit decisions. Failure to meet this credit score at the joining stage will lead to disqualification, regardless of performance in the selection process.

About Category Wise Posts for BOB DVP Recruitment 2026

This recruitment drive is unique as it offers no reservations. Both positions are advertised under the Unreserved (UR) category only. This is a critical point for candidates expecting reservation benefits based on SC, ST, OBC, EWS, or PWD status. The notification clarifies that even candidates from the OBC category, if they fall under the creamy layer, are not entitled to any reservation and must apply under the UR category. Furthermore, they must submit a valid OBC non-creamy layer certificate in the Government of India format, which will essentially be considered for demographic data but not for reservation. Candidates must select their category carefully during registration, as no change is permitted afterward.

About Exam Pattern for BOB DVP Recruitment 2026

The selection process is designed to assess both professional competence and behavioral suitability. The first stage is a thorough scrutiny of the application based on confidential internal criteria related to qualifications and domain expertise. Shortlisted candidates may then face an online test or a psychometric test. The notification does not specify the syllabus, marks, or negative marking for these tests, indicating flexibility for the bank. The final and most significant stage is the Personal Interview (PI). It carries qualifying marks: 60% for UR candidates and 55% for candidates from reserved categories (though no posts are reserved, reserved category candidates may apply under UR). The bank reserves the right to modify this process and call candidates in any ratio.

About Physical Eligibility for BOB DVP Recruitment 2026

For these senior, specialist, white-collar roles, there are no prescribed physical standards or tests like those required for clerical or sub-staff positions in banks. The role is entirely office-based, focusing on analytical underwriting work. However, candidates should note that the bank may require a standard medical fitness examination as a part of the joining formalities for any position. This is a standard procedure to ensure the candidate is fit for service. The absence of physical criteria simplifies the process for applicants, allowing them to focus entirely on their professional credentials and performance in the interview stages.

About Salary for BOB DVP Recruitment 2026

The remuneration structure for these contractual positions is a significant departure from the fixed pay scales of regular bank employees. The compensation package is negotiable and benchmarked to the market. It will be finalized based on a holistic review of the candidate's profile, with heavy weightage given to their last drawn salary (CTC) and prevailing industry standards for similar roles. This means two selected candidates for the same post might receive different remuneration packages. Candidates should be prepared to discuss their salary expectations during the interview. The posting is initially tentative but comes with the condition of being transferable anywhere in India, a standard clause for senior bank personnel.

About Syllabus for BOB DVP Recruitment 2026

Since this is a specialist recruitment, there is no generic, publicly outlined syllabus for a written test. The assessment is heavily tilted towards domain-specific expertise and practical experience. If an online test is conducted, it is likely to evaluate technical knowledge relevant to project finance, credit risk assessment, sectoral analysis, and regulatory frameworks in the Power or Real Estate sectors. The psychometric test, if administered, would assess behavioral competencies, decision-making style, and cultural fit. The primary focus for candidates should be on thoroughly reviewing their professional experience, staying updated with recent sectoral developments, and preparing to demonstrate their underwriting acumen in-depth during the personal interview.

About How to Fill Application Form for BOB DVP Recruitment 2026

The application process is exclusively online, and precision is key. The most common mistakes occur during document uploads. Candidates must strictly adhere to the specified dimensions and file sizes: Photograph (200x230 pixels, 20-50KB) and Signature (140x60 pixels, 10-20KB, black ink on white paper). All educational and experience certificates must be merged into a single PDF file not exceeding 500KB each. A critical rule is to submit only one application. If multiple are submitted, only the latest valid one will be considered, and the fees for previous attempts will be forfeited. It is highly recommended to apply well before the deadline to avoid last-minute website congestion.

About Mode of Selection for BOB DVP Recruitment 2026

The selection mode is multi-layered, starting with a merit-based shortlisting from the pool of applications. The bank's internal committee will review each application against undisclosed criteria, making the quality and clarity of the application form paramount. The subsequent test stages are not guaranteed; the bank may proceed directly to interviews based on the profile of shortlisted candidates. The Personal Interview is the cornerstone of selection, designed to probe the candidate's practical knowledge, problem-solving ability, and suitability for a senior role. The qualifying marks for the interview are high, emphasizing the need for excellent communication and presentation skills. The bank's disclaimer that it can change the process or consider candidates for other positions underscores its need for operational flexibility.

About Documents Required for BOB DVP Recruitment 2026

Documentation is a critical part of the verification process. At the application stage, scanned copies must be clear and legible. A common error is uploading experience letters that do not clearly mention the exact period of employment and the nature of duties. At the interview stage, candidates must carry self-attested copies along with all original documents. Specific attention must be paid to caste certificates: OBC non-creamy layer certificates must be in the Government of India format and issued within one year of the interview date. For candidates working in Government/PSU, the No Objection Certificate (NOC) is mandatory; failure to produce it will lead to disqualification. Non-submission of any required document at the interview will result in debarment.

This recruitment notification includes several stringent clauses and warnings that candidates must understand clearly to avoid disqualification at any stage.

Credit History: A Non-Negotiable Barrier

The requirement for a minimum CIBIL score of 680 at the time of joining is a critical and non-negotiable condition unique to this recruitment. This is not just a formality. The bank will conduct a credit check before final appointment. Candidates with a history of defaults, settled accounts, or high credit utilization leading to a score below 680 will be disqualified, even if they have successfully cleared all other selection stages. This underscores the bank's zero-tolerance policy towards financial indiscipline for employees handling credit decisions. Candidates are strongly advised to check their CIBIL score well in advance and take corrective steps if necessary.

Consequences of Misrepresentation and Canvassing

The notification contains severe warnings against providing false information or suppressing material facts. Any discrepancy found at any stage, even after appointment, can lead to immediate cancellation of candidature or termination of service, along with potential legal prosecution. Furthermore, the bank explicitly prohibits any form of canvassing or trying to influence the selection process. If any candidate is found to be using political or external influence, they will be disqualified and debarred from future recruitments. The bank's decision on all matters is final, and the jurisdiction for any dispute lies exclusively in Mumbai courts.

Contractual Nature and Service Conditions

It is vital to remember that these are purely contractual positions. The appointment letter will outline specific terms and conditions, which may include a probation period, confidentiality agreements (Non-Disclosure Agreements), and specific service bonds. The remuneration is not linked to the standard pay scales of regular Bank of Baroda employees and will be without the associated pensionary benefits. Selected candidates will be required to serve anywhere in India as per the bank's transfer policy. Understanding and accepting these conditions is essential before applying for these specialized roles.

1. Are these permanent jobs in Bank of Baroda?

No. These are purely contractual positions in the Corporate & Institutional Credit Department. The appointment is for a fixed term as per the contract, with no assurance of permanent absorption.

2. Is there any age relaxation for reserved categories?

Since both posts are advertised under the Unreserved (UR) category only, standard age relaxations for SC/ST/OBC may not apply. Candidates must check the detailed notification for the specific age criteria.

3. What if my CIBIL score is 679? Will I be rejected?

Yes. The requirement is a strict minimum of 680 at the time of joining. A score of 679 does not meet the eligibility criteria and will lead to disqualification.

4. Can I apply for both Power and Real Estate posts?

The notification advises against multiple applications. If you possess relevant experience in both sectors, you should apply for the one where your expertise is strongest. Multiple applications may lead to fee forfeiture.

5. Is the application fee refundable if I am not shortlisted?

No. The application fee is non-refundable under any circumstances, including non-shortlisting or cancellation of the recruitment process by the bank.

6. How will the interview call letter be sent?

Call letters for the interview/test will be sent to the registered email ID and will also be available for download on the bank's career portal. No hard copies will be sent by post.

7. I have 4 years and 5 months of experience. Is it counted as 4 years?

Experience of less than 6 months is not counted. So, 4 years and 5 months of post-qualification experience will be considered as only 4 years.

8. What is the meaning of "posting transferable anywhere in India"?

It means that after appointment, the bank can transfer you to any of its offices or branches across the country at its discretion, based on operational requirements.

9. Do I need to upload all experience certificates separately?

You should merge all relevant experience certificates (appointment, promotion, relieving letters) into a single PDF file not exceeding 500 KB for upload during application.

10. Is there a negative marking in the possible online test?

The notification does not specify any details about negative marking. Candidates will be informed of the test pattern, if conducted, along with the call letter.

11. Can OBC candidates apply?

Yes, OBC candidates can apply, but only under the UR category as there are no reserved posts. OBC (Non-Creamy Layer) certificate is still required to be submitted in GOI format.

12. What if I am currently working and cannot get an NOC before the interview?

Production of a No Objection Certificate (NOC) from your current employer (if Govt./PSU) is mandatory at the interview. Without it, you will not be allowed to appear for the interview.

13. Where can I find the detailed job description for each post?

The detailed eligibility and role description for "Power" and "Real Estate" posts are available in separate PDFs linked via "Click Here" buttons within the main notification on the BOB website.

14. Is there any bond or agreement to sign after selection?

The notification mentions that selected candidates will have to execute a Non-Disclosure Undertaking (NDU) and other service agreements as per the bank's policies for contractual staff.

15. Can final year students apply for these DVP posts?

No. These are senior specialist roles requiring substantial post-qualification work experience. Freshers or final-year students are not eligible to apply.