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UBI SO Salary Structure 2021:Know Basic pay, Benefits & Added Allowances

Author : Priti Dutta
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Table of Contents

  • UBI SO Salary Structure 2021:
  • UBI SO Salary Structure 2021: Basic Pay
  • UBI SO Salary Structure 2021: Allowances
  • UBI SO Salary Structure 2021: Probation Period
  • UBI SO Salary Structure 2021: FAQs

UBI SO Salary Structure 2021:

UBI or Union Bank of India this year has been released a vacancy for the Specialist Officer Post like every year. On 12th August 2021, the UBI released their recruitment notice, and  3rd September 2021 is the last date of online application. A total number of 347 vacancies are released for various positions like Assistant Manager, Senior Manager, and Manager. Like various positions, the salary is not the same for all and candidates must meet UBI SO Eligibility Criteria for added benefits.

As per the official notification, the salaries are totally depending on the post of employment. The basic salary and the pay scale for Union Bank SO are different based on the different posts. Like all Government employees, UBI Specialist Officers are got some allowances like House Rent Allowance, City Compensatory Allowance, Dearness Allowance, etc.

 

UBI SO Salary Structure 2021: Basic Pay

There is a total of 6 various posts for Specialist Officers. the basic pay scale for every post is different. The detailed structure of salary for various posts is discussed below:

POST

SCALE/GRADE

BASIC PAY SCALE

Senior Manager (Risk)

MMGS - III

63840-1990/5-73790-

2220/2-78230

Manager (Risk)

MMGS - II

48170-1740/1-49910-

1990/10-69810

Manager (Civil Engineer)

MMGS - II

48170-1740/1-49910-

1990/10-69810

Manager (Architect)

MMGS - II

48170-1740/1-49910-

1990/10-69810

Manager (Electrical Engineer)

MMGS - II

48170-1740/1-49910-

1990/10-69810

Manager (Printing Tecchologist)

MMGS - II

48170-1740/1-49910-

1990/10-69810

Manager (Forex)

MMGS - II

48170-1740/1-49910-

1990/10-69810

Manager (Charted Accuntent)

MMGS - II

48170-1740/1-49910-

1990/10-69810

Assistant Manager (Technical Officer)

JMGS - I

36000-1490/7-46430-

1740/2-49910-

1990/7-63840

Asistant Manager (Forex)

JMGS - I

36000-1490/7-46430-

1740/2-49910-

1990/7-63840

UBI SO Salary Structure 2021: Allowances

UBI SO salary includes various allowances such as Dearness Allowance, House Rent Allowance for all the posts. These allowances are calculated beside the basic pay scale. Let’s check out all the allowances below.

House Rent Allowance:

7% - 9% (Location dependent)

Dearness Allownance:

Rs 8605.88

Special Allowance:

7.75% (Scale I)

City Copensatory Allowance:

0 - 4% (depents on location)

Miscellaneous:

Rs 4100

UBI SO Salary Structure 2021: Probation Period

As per the official notification in the post of Union Bank So there is a probation period that all the candidates have to serve. All the selected candidates will have to work for 2 years probation period. In these 2 years, the candidates should be actively working. This probation period will be calculated right from the day of their joining. At the end of the probation period, those candidates who performed well will get the promotion of their respected post. To get the benefits of UBI SO Salary candidates must go through the UBI SO Syllabus 2021.

UBI SO Salary Structure 2021: FAQs

What is the salary of assistant manager in bank in India?

Average Bank Of India Assistant Manager salary in India is ₹ 6.6 Lakhs for less than 1 to 10 years of experience. Assistant Manager salary at Bank Of India ranges between ₹4.8 Lakhs to ₹ 9 Lakhs.

What is the salary of bank manager of 1 month?

Bank Manager - Average Salary The average salary for a Bank Manager is ₹7,87,500 per year (₹42,660 per month), which is ₹4,00,000 (+103%) higher than the national average salary in India. A Bank Manager can expect an average starting salary of ₹3,15,600. The highest salaries can exceed ₹20,00,000.

Author: Priti Dutta

I am Priti Dutta Chowdhury and Content writing is my passion. I completed my graduation in 2018 and now I am working as a content writer intern. I mostly like to write content on topics related to entertainment, politics, and current affairs.

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