UCO Bank LBO Salary 2025, Pay Scale, Perks & Allowances

The UCO Bank Local Bank Officer (LBO) position is a highly sought-after role in the banking sector, offering a lucrative salary package and numerous benefits. As of 2025, the starting UCO Bank LBO Salary 2025 includes basic pay of ₹48,480, with additional perks and allowances that significantly enhance the overall compensation. Along with the basic pay, employees are entitled to Dearness Allowance (DA), House Rent Allowance (HRA), Medical Benefits, Travel Allowances, and other incentives, making it a rewarding career choice.

UCO Bank LBO Salary 2025

The UCO Bank LBO Recruitment 2025 has been released and the starting basic pay for the UCO Bank LBO role is ₹48,480, with a steady increase in salary over the years. Employees receive annual increments, which help boost their earnings as they progress in their careers. More Details about the salary structure and pay scale is given below.

Also Read, UCO Bank LBO Exam Date 2025

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.

Also Read, UCO Bank LBO Admit Card 2025

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 benefits 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.

UCO Bank LBO Posting and Promotion Policy

Selected candidates for the UCO Bank Local Bank Officer (LBO) position will initially be posted within the state for which they have been selected, remaining there until their promotion to SMGS-IV or completion of 12 years of service, whichever comes first. Additionally, LBOs will be eligible to participate in promotion processes as per the bank’s existing promotion policy for Generalist Officers, provided they meet the required norms. This policy ensures stability in postings while allowing career advancement opportunities for deserving candidates.

UCO Bank LBO Probation Period

The candidates selected for the UCO Bank LBO position will be on probation for two years, starting from their date of joining. During this probation period, their performance and behavior will be assessed, and if they do not meet the required standards, their services may be terminated as per the bank’s policies. Additionally, candidates will have to sign a bond agreeing to work for the bank for the full two years. If they leave the bank before completing the probation period, they will be required to pay a penalty of Rs. 2.00 Lacs as compensation.