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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.
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 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 |
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.
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.
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.
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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