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Bank of Maharashtra Scale 2, 3, 4, 5 Salary 2023, Salary Structure, Job Profile

Bank of Maharashtra Scale 2, 3, 4, 5 Salary 2023: Bank Of Maharashtra offers a lucrative salary to the employees designated on Scale 2, 3, 4, and 5. As BOM released the recruitment notification for the different posts, candidates are curious to know the BOM Scale 2, 3, 4, 5 Salary 2023. Other than the basic pay, aspirants are benefitted from various perks and allowances. In the given post, we have discussed the Bank Of Maharashtra Scale 2, 3, 4, 5 Salary 2023.

BOM Scale 2, 3, 4, 5 Salary 2023

BOM Scale 2, 3, 4, 5 Salary 2023 is an important prospect for recruitment. The aspiring candidates should be acquainted with the basic pay, perks & allowances, and job profile of the post they are applying for. The salary of the employees varies post-wise and initially, they are appointed for a probation period of 6 months. On selection, aspirants will also have to pay a bond amount.

BOM Scale 2, 3, 4, 5 Salary 2023: Overview

An overview of BOM Scale 2, 3, 4, 5 Salary 2023 is described in the table below.

Bank of Maharashtra Salary 2023: Overview
Organization Bank of Maharashtra
Exam Name BOM Exam 2023
Post Officer Scale 2,3,4 & 5
Vacancy 551
Job Location All  India
Selection Process Online Examination & Interview
Application Mode Online
Official Website @https://bankofmaharashtra.in
Bank of Maharashtra Salary 2023 Check This Post in Hindi

Bank of Maharashtra Scale 2, 3, 4, 5 Salary Structure 2023

The Basic Pay of Bank Of Maharashtra Scale 2, 3, 4, and 5 will be applicable as per the following pay scale.

BOM Scale 2, 3, 4, 5 Salary 2023: Pay Scale
Scale Pay Scale
Scale 5 Rs. 89890-2500/2-94890-2730/2-100350
Scale 4 Rs. 76010-2220/4-84890-2500/2-89890
Scale 3 Rs. 63840-1990/5-73790-2220/2-78230
Scale 2 Rs. 48170-1740/1-49910-1990/10-69810

BOM Scale 2, 3, 4, 5 Salary 2023: Allowances

Along with the basic pay perks and allowances are also included in the salary of the employees. The allowances included in the BOM Scale, 2,3,4,5 Salary 2023 are the following:

  • Dearness Allowance
  • House Rent Allowance
  • Lease Rental
  • CCA
  • Medical Allowance
  • Other Allowances

BOM Scale 2, 3, 4, 5 Salary 2023: Probation Period & Bond Amount

Candidates appointed as employees for Scale 2, 3, 4, and 5 will serve on probation period for a time duration of 6 months. They will have to submit a bond amount of Rs.2 lakhs and the minimum service period for them is 2 years. In the given table, we have summarized the probation period and bond amount.

BOM Scale 2, 3, 4, 5 Salary 2023: Probation Period & Bond Amount
Scale Probation Period Bond Amount Minimum Service Period
Scale 5 6 Months Rs.2,00,000 lakhs 2 Years
Scale 4 6 Months Rs.2,00,000 lakhs 2 Years
Scale 3 6 Months Rs.2,00,000 lakhs 2 Years
Scale 2 6 Months Rs.2,00,000 lakhs 2 Years

Bank of Maharashtra Scale 2, 3, 4, 5 Salary 2023: Job Profile

The employees selected in Bank Of Maharashtra on Scale 2, 3, 4, and 5 will have to perform key responsibilities in the bank. The job profile of Bank Of Maharashtra Scale 2, 3, 4, and 5 selected aspirants is described below.

Bank of Maharashtra Scale 2, 3, 4, 5 Salary 2023: Job Profile
Post Job Profile
AGM – Board Secretary & Corporate Governance
  • All the necessary information given to the members of the board must be given in the form of Agenda / Reports by the Board Secretary.
  • Organize general meeting of the shareholders annually.
  • Must have knowledge of SEBI and LODR related matters.
AGM-Digital Banking
  • Define and implement digital strategy by working with cross-functional partners to map traditional processes to digital
  • Plan a strategy to provide the products to the customer and rate their digital experience.
AGM-Management Information System
  • They manage and monitor the MIS Reports generated for various user departments and top management.
  • To maintain data accuracy and security they develop and implement MIS policies.
Chief Manager
  • Develop effective coordination with the other departments so that the work is carried out in a teamwork manner.
  • Provide strategic inputs on national and worldwide economic developments and also make a report of its impact on the bank.
  • Prepare the product development/ enhancement plan for the upcoming as well as existing products.
  • Maintain security, effectiveness, and safety of computer systems.
Generalist Officer
  • Control the complete working of the Branch
  • Maintain effective Public Relations and make sure that courtesy is maintained while dealing with the customers in correspondence and on telephone.
  • Properly manage the cash management
Forex/Treasury Officer
  • Responsible for trade finance in forex on behalf of the clients.
  • To abide by the various RBI guidelines on FEMA, Trade control regulations, FEDAI rules and UCPDC guidelines.

BOM Scale 2, 3, 4, 5 Salary 2023: Career Growth

The employees have good aspects of career growth in Bank of Maharashtra and they can rise to the utmost level. The work of a candidate is sincerely monitored and those who perform their task with sincerity and dedication receive a plus point in their promotions. For scale 2, 3, and 4 internal promotional exams are held at regular intervals so that candidates can climb up the hierarchy.

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FAQs: BOM Scale 2, 3, 4, 5 Salary 2023

Q.1 What is the Basic Pay of employees designated for Scale 2, 3, 4, and 5?

Ans. The Basic Pay of employees designated for Scale 2, 3, 4, and 5 varies as per the post.

Q.2 What are the allowances included in the BOM Scale 2, 3, 4, and 5 Salary 2023?

Ans. The allowances included in the BOM Scale 2, 3, 4, and 5 Salary 2023 are dearness allowance, house rent allowance, medical allowance, etc.

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FAQs

Q.1 What is the Basic Pay of employees designated for Scale 2, 3, 4, and 5?

Ans. The Basic Pay of employees designated for Scale 2, 3, 4, and 5 varies as per the post.

Q.2 What are the allowances included in the BOM Scale 2, 3, 4, and 5 Salary 2023?

Ans. The allowances included in the BOM Scale 2, 3, 4, and 5 Salary 2023 are dearness allowance, house rent allowance, medical allowance, etc.