Central Bank of India is a leading Public Sector Bank with a pan-India branch network of nearly 4600 branches. It boasts a total business of more than Rs. 8,33,000/- Crores and is supported by a workforce of over 34,000 employees. The bank is currently seeking experienced retired officers to serve as Inquiry Authorities on a contractual basis.
Inquiring Authority
Important Dates
Published
Jul. 17, 2026
Starts
Jul. 17, 2026
Deadline
Jul. 31, 2026
Exam Date
TBA
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Job Analysis
AI-generated insights
Best-Fit Profile
This role is ideal for experienced, retired Public Sector Bank officers (Scale IV & above), aged between 60 and 63 years, who possess a strong track record and specific expertise in banking operations, human resources, industrial relations, or conducting departmental inquiries. Candidates must be in sound health, have strong writing skills, and be willing to travel. It offers a valuable opportunity to leverage extensive professional experience in a contractual capacity with a leading public sector bank.
Important Considerations
Candidates should NOT apply if they have voluntarily retired, resigned, been suspended, dismissed, or terminated from service before superannuation. Officers with any major punishment/penalty within the last five years or minor punishment/penalty within the last three years preceding retirement, or those named in the ODI List, are ineligible. Individuals above 63 years of age as of the notification date, those seeking re-employment with full benefits, or those unwilling to commit exclusively to inquiry duties should also refrain from applying.
Career Impact
This contractual engagement with Central Bank of India, a prominent Public Sector Bank, offers a prestigious opportunity for retired senior officers to continue contributing their expertise. While it is not a permanent re-employment role and does not offer traditional career progression, it provides significant professional engagement and recognition. The role involves critical investigative work, maintaining institutional integrity, and is well-remunerated per inquiry case, offering a dignified and active post-retirement engagement.
Note: This is a helpful, AI-generated overview designed to save you time. Always refer to the official PDF notification for complete and final details.
About Central Bank of India
Job Posts
Eligibility Criteria
Educational Qualification
- The officer must be retired from a Public Sector Bank's Service upon attaining superannuation at the age of 60 years in a cadre of Scale IV & above.
- The officer should have worked in various areas of Banking, Human Resources, or Industrial Relations, or possess experience in handling departmental inquiries as an Inquiring Authority, Presenting Officer, or Disciplinary Authority.
- The officer should have a flair for writing reports.
Age Limit Details
Applicant must be retired from Public Sector Bank's Service on attaining superannuation at the age of 60 years in a cadre of Scale IV & above. Age should not exceed 63 years as on the date of publication of notification (17.07.2026) for empanelment.
Salary & Pay Scale
| Scale of Charge Sheeted Officer | Time taken to complete the Inquiry Proceedings and submission of inquiry report | Amount of remuneration per inquiry case (If IA has retired in SMGS-IV/V) | Amount of remuneration per inquiry case (If IA has retired in TEGS-VI & above) | Clerical & Stenographic Work |
|---|---|---|---|---|
| I to III | Within 60 days | Rs. 45,000/- | Rs. 50,000/- | 10% of the eligible lump-sum remuneration |
| Within 90 days | Rs. 40,000/- | Rs. 45,000/- | ||
| Within 120 days | Rs. 37,500/- | Rs. 42,500/- | ||
| Within 150 days | Rs. 35,000/- | Rs. 40,000/- | ||
| Within 180 days | Rs. 30,000/- | Rs. 35,000/- | ||
| IV & V | Within 60 days | Rs. 55,000/- | Rs. 60,000/- | |
| Within 90 days | Rs. 50,000/- | Rs. 55,000/- | ||
| Within 120 days | Rs. 47,500/- | Rs. 52,500/- | ||
| Within 150 days | Rs. 45,000/- | Rs. 50,000/- | ||
| Within 180 days | Rs. 40,000/- | Rs. 45,000/- | ||
| VI, VII & VIII | Within 60 days | N.A. | Rs. 70,000/- | |
| Within 90 days | N.A. | Rs. 65,000/- | ||
| Within 120 days | N.A. | Rs. 62,500/- | ||
| Within 150 days | N.A. | Rs. 60,000/- | ||
| Within 180 days | N.A. | Rs. 55,000/- |
Remuneration is subject to terms & conditions applied at the time of engagement.
How to Apply
Applications must be submitted offline by the deadline of 31.07.2026. Candidates should:
- Prepare the application in the prescribed format (Annexure - A).
- Super-scribe the envelope with "Application for the post of Inquiring Authority".
- Send the completed application to:
Chief General Manager - HCM,
Central Bank of India,
Chander Mukhi, 17th floor,
Nariman Point,
Mumbai- 400 021. - Incomplete applications will be rejected.
Official Links
Prepare Your Application Documents
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Job Analysis
AI-generated insights
Best-Fit Profile
This role is ideal for experienced, retired Public Sector Bank officers (Scale IV & above), aged between 60 and 63 years, who possess a strong track record and specific expertise in banking operations, human resources, industrial relations, or conducting departmental inquiries. Candidates must be in sound health, have strong writing skills, and be willing to travel. It offers a valuable opportunity to leverage extensive professional experience in a contractual capacity with a leading public sector bank.
Important Considerations
Candidates should NOT apply if they have voluntarily retired, resigned, been suspended, dismissed, or terminated from service before superannuation. Officers with any major punishment/penalty within the last five years or minor punishment/penalty within the last three years preceding retirement, or those named in the ODI List, are ineligible. Individuals above 63 years of age as of the notification date, those seeking re-employment with full benefits, or those unwilling to commit exclusively to inquiry duties should also refrain from applying.
Career Impact
This contractual engagement with Central Bank of India, a prominent Public Sector Bank, offers a prestigious opportunity for retired senior officers to continue contributing their expertise. While it is not a permanent re-employment role and does not offer traditional career progression, it provides significant professional engagement and recognition. The role involves critical investigative work, maintaining institutional integrity, and is well-remunerated per inquiry case, offering a dignified and active post-retirement engagement.
Note: This is a helpful, AI-generated overview designed to save you time. Always refer to the official PDF notification for complete and final details.
Official Links
Prepare Your Application Documents
🔒 100% Secure & In-Browser: Filling out the application form? Use these free utilities to easily format and compress your uploads. All tools process files locally in your browser—nothing is ever uploaded to our servers.
Smart Image Resizer
Compress photo/signature to exact KB limits (e.g. 20-50KB) for SSC, UPSC.
Passport Photo Maker
Crop and tile photos into printable A4 or 4x6 sheet grids.
Signature Extractor
Remove gray shadows & shadows from signature photos.
Image to PDF Combiner
Merge multiple marksheets/certificates into a single lightweight PDF.
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Latest from Central Bank of India
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22 Jun 2026Application deadline extended to 2026-06-28 for engagement of apprentices.
Recruitment Process for Assistant General Manager - Date Extension
29 May 2026Application registration date extended to 07.06.2026.
Assistant General Manager Recruitment - Application Deadline Extension
18 May 2026Application deadline extended to 25.05.2026 for Assistant General Manager in Specialist Category recruitment.
Corrigendum: Extension of Application Deadline for Recruitment of Foreign Exchange Officer and Marketing Officer
04 Feb 2026Application deadline extended to 15.02.2026 for Recruitment of Foreign Exchange Officer and Marketing Officer.