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Bank of Baroda has announced recruitment for Specialist Officer (SO) posts, which will offer attractive salary packages. Candidates interested in this recruitment are given complete information about Bank of Baroda SO Salary 2025, job profile, salary deductions and additional benefits. The SO post involves responsibilities and various facilities related to the banking sector. The special salary structure makes it more attractive. This post offers professional growth and better career opportunities.
Bank of Baroda Salary 2025
The Bank of Baroda SO Salary 2024 offers a competitive structure ranging from Rs. 48,480 to Rs. 85,920, depending on the grade and scale of the Specialist Officer position. Along with the basic salary, employees receive various allowances such as DA, HRA, CCA, and performance-linked incentives. Additionally, perks like medical benefits, gratuity, and retirement benefits further enhance the compensation package.
BOB Salary 2025 Overview
This article provides complete information about the salary structure, along with detailed insights into allowances and benefits.
Bank of Baroda SO Salary 2025 | |
Organization | Bank of Baroda |
Exam Name | Bank of Baroda SO Exam 2025 |
Post | Specialist Officer (SO) |
Vacancy | 1267 |
Category | Salary |
Basic Pay | According to the post |
Pay Scale | According to the post |
Application Mode | Online |
Official Website | @bankofbaroda.in |
WhatsApp Official Channel | Join WhatsApp Channel |
Telegram Official Channel | Join Telegram Channel |
Bank of Baroda Salary 2025 Pay Scale
The Bank of Baroda Pay Scale 2025 offers a well-structured and rewarding salary framework designed to recognize expertise and experience across various grades. With competitive pay and regular increments, the scale ensures financial growth and stability for Specialist Officers, making it an attractive career option in the banking sector.
Grade/Scale | Basic Pay (Rs.) | Increment (Rs.) | Stages |
Maximum Pay (Rs.)
|
JMG/S – I | 48,480 | 2,000 (7 stages) | 2,340 (2 stages) | 85,920 |
MMG/S – II | 64,820 | 2,340 (1 stage) | 2,680 (10 stages) | 93,960 |
MMG/S – III | 85,920 | 2,680 (5 stages) | 2,980 (2 stages) | 1,05,280 |
SMG/S – IV | 1,02,300 | 2,980 (4 stages) | 3,360 (2 stages) | 1,20,940 |
SMG/S – V | 1,20,940 | 3,360 (4 stages) | 3,680 (2 stages) | 1,35,020 |
Bank of Baroda Salary 2025 Allowance And Benefits
Bank of Baroda offers its specialist officers a variety of allowances and benefits to ensure financial security and enhance job satisfaction. Dearness Allowance (DA) helps manage the cost of living, while Special Allowance provides additional compensation for specific tasks. Employees also receive House Rent Allowance (HRA) if they are not living in the official bank quarters. City Compensatory Allowance (CCA) is given to those posted in expensive cities. The bank also offers medical assistance to help cover healthcare costs, as well as Leave Travel Concession (LTC) for reimbursement on trips during leave. Conveyance Allowance helps with travel expenses, and employees have the option to avail the Quarters facility, where they can live in bank-provided accommodation instead of receiving HRA. These allowances and perks contribute to the overall financial well-being and comfort of employees.
Allowance/Benefit
|
Description |
Dearness Allowance (DA) |
Provides financial relief against rising living costs.
|
Special Allowance |
Compensation for undertaking additional roles or duties.
|
House Rent Allowance (HRA) |
Assistance for renting accommodation if official quarters are not used.
|
City Compensatory Allowance (CCA) |
Extra financial support for employees stationed in expensive cities.
|
Medical Assistance |
Helps cover expenses related to healthcare and medical needs.
|
Leave Travel Concession (LTC) |
Allows reimbursement for travel during approved leave periods.
|
Travel Allowance |
Covers transportation expenses for work-related travel or daily commuting.
|
Housing Facility |
Option to reside in bank-provided accommodation instead of claiming HRA.
|
Related Article |
Bank of Baroda SO Syllabus |