Latest Government Jobs & Sarkari Naukri 2026

Central Bank of India Inquiry Authority Recruitment 2026 | Apply for Retired PSB Officers (Scale IV & Above) on Contract Basis by 31 July 2026 @ centralbank.bank.in

Central Bank of India has released the official notification for the engagement of retired Public Sector Bank (PSB) Officers in the rank of Scale IV & above for the post of Inquiry Authority on contractual basis. The bank invites applications from eligible retired officers for empanelment as External Inquiring Authorities to handle departmental inquiries.

Interested and eligible retired officers can apply in the prescribed format by sending their applications to the mentioned address. The last date to submit the applications is 31 July 2026. Candidates are advised to check the eligibility criteria, remuneration structure, roles and responsibilities carefully before applying.

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About Central Bank of India

Central Bank of India is one of the oldest and largest commercial banks in India, established in 1911. It is a public sector bank with a wide network of branches across the country. The bank is committed to providing quality banking services to its customers and maintaining high standards of corporate governance.

Central Bank of India has been at the forefront of various initiatives in the banking sector and continues to play a vital role in the economic development of the country. The bank adheres to the highest standards of discipline and conduct, ensuring transparent and efficient operations.

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Recruitment Highlights

Particulars	Details
Organization	Central Bank of India
Post Name	Inquiry Authority (Contractual Basis)
Eligibility	Retired PSB Officers (Scale IV & Above)
Age Limit	Not more than 63 years (on date of publication)
Maximum Age for Engagement	Up to 65 years (subject to annual review)
Application Mode	Offline (By Post)
Last Date to Apply	31 July 2026
Official Website	www.centralbank.bank.in

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Important Dates

Event	Date
Notification Release Date	17 July 2026
Last Date for Submission of Application	31 July 2026

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Eligibility Criteria

• Retired from Public Sector Bank's Service on attaining superannuation at the age of 60 years in the cadre of Scale IV & above.
• Not more than 63 years of age on the date of publication of notification for empanelment.
• Should have retired with good track record and no major punishment/penalty during five years of service preceding retirement.
• No minor punishment/penalty during three years of service preceding retirement.
• Must not have been named in the ODI List during five years of service preceding retirement.
• No crime record.
• Sound health, both physically and mentally.
• Worked in different areas of Banking or Human Resources or Industrial Relations or have experience of handling departmental inquiries as Inquiring Authority / Presenting Officer / Disciplinary Authority.
• Flair for writing reports.
• Willing to travel as and when required.
• Officers who voluntarily retired/resigned/suspended/dismissed/terminated or left before superannuation are not eligible.

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Term of Engagement

• Initial period not exceeding one year.
• Extendable till the age of 65 years of empaneled officer.
• Subject to annual review of task and performance by the competent authority.

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Remuneration Structure

For Inquiring Authority retired in SMGS-IV/V:

• Within 60 days: ₹ 45,000/-
• Within 90 days: ₹ 40,000/-
• Within 120 days: ₹ 37,500/-
• Within 150 days: ₹ 35,000/-
• Within 180 days: ₹ 30,000/-
• Clerical & Stenographic Work: 10% of eligible lump-sum remuneration

For Inquiring Authority retired in TEGS-VI & above:

• Within 60 days: ₹ 50,000/-
• Within 90 days: ₹ 45,000/-
• Within 120 days: ₹ 42,500/-
• Within 150 days: ₹ 40,000/-
• Within 180 days: ₹ 35,000/-
• Clerical & Stenographic Work: 10% of eligible lump-sum remuneration

For Charge Sheeted Officer Scale IV & V:

• Within 60 days: ₹ 55,000/- (SMGS-IV/V), ₹ 60,000/- (TEGS-VI & above)
• Within 90 days: ₹ 50,000/- (SMGS-IV/V), ₹ 55,000/- (TEGS-VI & above)
• Within 120 days: ₹ 47,500/- (SMGS-IV/V), ₹ 52,500/- (TEGS-VI & above)
• Within 150 days: ₹ 45,000/- (SMGS-IV/V), ₹ 50,000/- (TEGS-VI & above)
• Within 180 days: ₹ 40,000/- (SMGS-IV/V), ₹ 45,000/- (TEGS-VI & above)

For Charge Sheeted Officer Scale VI, VII & VIII:

• Within 60 days: ₹ 70,000/-
• Within 90 days: ₹ 65,000/-
• Within 120 days: ₹ 62,500/-
• Within 150 days: ₹ 60,000/-
• Within 180 days: ₹ 55,000/-

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Roles and Responsibilities

• Appointed as Inquiring Authority by the Disciplinary Authority (DA)/Competent Authority (CA) of the Charge Sheeted Officer.
• Entrusted with inquiries on a case-to-case basis.
• Shall not engage in any other professional work likely to interfere with duties as Inquiring Authority.
• Maintain strict secrecy regarding documents/information received.
• Submit an undertaking that he/she is not a witness/complainant or close relative of the delinquent Bank Officer.
• Conduct inquiry proceedings in the office premises of the Bank or through Video Conference.
• Undertake travel for conducting inquiry wherever required with prior permission.
• Submit Inquiry Report within 180 days from the date of appointment.
• Refusal to accept inquiry without valid reasons shall be taken adversely.
• Empanelment subject to annual review of performance.

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Selection Procedure

• Shortlisting of applications based on eligibility criteria.
• Eligible shortlisted candidates will be called for personal interaction.
• Decision of the Bank shall be final in this regard.

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How to Apply

• Download the application format from the official website of Central Bank of India.
• Fill the application form in the prescribed format.
• Paste a recent passport size photograph on the application form and sign across it.
• Super scribe the envelope as "Application for the post of Inquiring Authority".
• Send the completed application along with self-attested copies of all required documents to the following address:

Address for Sending Application:

Chief General Manager - HCM,
Central Bank of India,
Chander Mukhi, 17th Floor,
Nariman Point,
Mumbai - 400 021

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Required Documents

• Duly filled application form with passport size photograph
• Copies of Degree Certificates
• Experience Certificates
• KYC Documents
• Caste/Category Certificate (if applicable)
• Disability Certificate (if applicable)
• No Objection Certificate (NOC) from current employer (if applicable)
• Any other relevant documents as mentioned in the application form

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Important Links

Description	Link
Official Website	Visit Here
Official Notification PDF	Download PDF
Help Desk Email	As per official website
Help Line Number	As per official website

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Important Instructions

• Applicants must ensure they fulfill the eligibility norms before applying.
• Incomplete applications will be rejected without any communication.
• No Travelling Allowance shall be payable to candidates called for interview.
• Candidates serving in nationalized banks and Financial Sector Regulatory Body must produce No Objection Certificate (NOC) at the time of interview.
• The engagement shall not be considered as re-employment in the Bank.
• The engagement can be terminated by the Bank at any time with 30 days' notice or payment of one month's remuneration.
• The Retired Officer needs to give 30 days' notice in case of premature termination.
• Legal jurisdiction for any dispute shall be at Mumbai Courts only.
• Candidates are advised to regularly visit the Bank's website for updates/addendum/corrigendum.
• Merely fulfilling eligibility criteria does not entitle the candidate to be called for interview.
• The Bank reserves the right to reject any application at any stage without assigning any reason.

Disclaimer: The above information is provided for informational purposes only. Candidates are advised to visit the official website of Central Bank of India (www.centralbank.bank.in) and read the official notification carefully before applying. We do not claim any responsibility for the accuracy of the information. All the information provided is collected from the official notification and is subject to change. Please verify all details from the official source.