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The UCO Bank Local Bank Officer (LBO) position in 2025 offers an attractive salary and comprehensive benefits that ensure financial stability and career growth for selected candidates. With a structured pay scale and numerous allowances, this role provides ample opportunities for professional advancement. In this article, we will provide complete details about UCO Bank LBO Salary 2025, pay scale, and the benefits associated with the position.
UCO Bank LBO Salary 2025
The UCO Bank LBO Notification 2025 has been released and the starting basic pay for UCO Bank LBO role is ₹48,480, with a steady increase in salary over the years. Employees receive annual increments, which help in boosting their earnings as they progress in their career. More Details about the salary structure and pay scale is given below.
UCO Bank LBO Pay Scale 2025
The UCO Bank Local Bank Officer (LBO) position falls under the Junior Management Grade Scale-I (JMGS-I). The pay scale for the Local Bank Officer (LBO) position at UCO Bank in 2025 is structured as ₹48,480 – ₹2,000/7 – ₹62,480 – ₹2,340/2 – ₹67,160 – ₹2,680/7 – ₹85,920.
UCO Bank LBO Salary Structure 2025
The starting basic pay is ₹48,480, with annual increments of ₹2,000 for the first seven years. After that, the increment increases to ₹2,340 for the next two years, bringing the salary to ₹62,480. Following this, the basic pay further increases by ₹2,680 annually for the next seven years, eventually reaching a maximum basic pay of ₹85,920. This structured pay scale ensures a progressive increase in salary as employees advance in their tenure, providing financial stability and rewards for long-term service.
In short, the Basic Pay Scale is ₹48,480 – ₹2,000 (for the first 7 years) – ₹62,480 – ₹2,340 (for the next 2 years) – ₹67,160 – ₹2,680 (for the next 7 years) – ₹85,920. This structured pay scale ensures consistent increments, rewarding employees for their long-term commitment and performance.
UCO Bank LBO Benefits 2025
UCO Bank offers comprehensive benefit to its Local Bank Officers, including various allowances and perks to support their well-being and financial stability. Some of the key benefits include:
- Dearness Allowance (D.A.): Periodic adjustments to address inflation.
- House Rent Allowance (H.R.A.) / Lease Accommodation: Provided as per the bank’s rules and regulations.
- City Compensatory Allowance (C.C.A.): Depending on the location, employees receive this allowance.
- Medical Benefits: Comprehensive insurance coverage for employees and their dependents.
- Other Allowances and Perquisites: Various allowances as per industry standards.