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The Union Bank of India has released the recruitment notification for 2025 on its official website, @www.unionbankofindia.co.in. This year, a total of 1500 vacancies have been announced for the Local Bank Officer (LBO) post. Candidates aspiring for this opportunity are eager to know about the Union Bank of India LBO Salary 2025. As per the official notification, the salary structure and job profile have been clearly mentioned, and all applicants must be familiar with these details before applying.
Union Bank of India LBO Salary 2025
The Union Bank of India offers a competitive salary package to Local Bank Officers (LBO) in 2025. Candidates should note that this is a permanent position and not a contractual role. Along with the basic pay, employees are entitled to various allowances and benefits. The exact monthly salary details for the LBO post have been specified in the official notification released by the bank.
UBI LBO Salary 2025 Overview
The official notification for the Union Bank of India LBO Recruitment 2025 has outlined the job details. Candidates can find a concise overview of the Local Bank Officer (LBO) salary structure for 2025 here.
Union bank of India LBO Salary 2025: Overview | |
Organization | Union Bank of India |
Exam Name | UBI LBO Exam 2025 |
Post | Local Bank Officer |
Category | Salary |
Vacancy | 1500 |
LBO Basic Pay Scale | 48480-2000/7-62480-2340/2-67160-2680/7-85920 |
Official Website | www.unionbankofindia.co.in |
Job Location | Based On Candidate’s Preference |
Union Bank of India LBO Salary Structure 2025
As per the official notification, the salary structure for Union Bank of India Local Bank Officer (LBO) 2025 will follow the basic pay scale of 48480-2000/7-62480-2340/2-67160-2680/7-85920.
In addition to the basic pay, employees will receive Special Allowance, Dearness Allowance, and other applicable allowances as per the bank’s prevailing rules and regulations. LBOs will also be entitled to various benefits such as residential quarters or lease rent in lieu of quarters, Leave Fare Concession (LFC), reimbursement of medical and hospitalization expenses, and other perquisites as per the bank’s policy.
UBI Local Bank Officer 2025 Job Profile
The role of a Union Bank of India Local Bank Officer (LBO) in 2025 is expected to encompass various responsibilities associated with the daily operations of a local bank branch. Although specific duties may differ slightly depending on the branch, some of the primary responsibilities of a UBI Local Bank Officer in 2025 include:
Customer Service
- Providing excellent customer service to individuals and businesses.
- Handling customer inquiries and complaints.
- Assisting customers with various banking transactions, such as deposits, withdrawals, and transfers.
- Promoting bank products and services.
Branch Operations
- Overseeing the daily operations of the bank branch, including cash management and security.
- Ensuring compliance with bank policies, procedures, and regulations.
- Managing branch staff and assigning tasks.
- Preparing and submitting required reports to head office.
Loans and Advances
- Assessing loan applications and making recommendations for approval or rejection.
- Managing loan portfolios and ensuring timely repayments.
- Following up with customers who are delinquent on their loan payments.
Investment Products
- Promoting and selling investment products, such as mutual funds and fixed deposits.
- Providing advice to customers on investment options.
Risk Management
- Identifying and mitigating risks associated with the branch’s operations.
- Ensuring that the branch has adequate security measures in place.
Technology
- Using banking software and technology to perform various tasks.
- Staying updated on the latest technological developments in the banking industry.
Union Bank of India LBO 2025 Probation Period
The selected candidates will undergo a probation period of two years from the date of joining the bank. Upon successfully completing this period and meeting the bank’s performance expectations, their employment will be confirmed. This confirmation grants them permanent employee status at Union Bank of India, along with all associated benefits and responsibilities.
Union Bank of India LBO 2025 Service Indemnity Bond
Selected candidates must sign a Service Indemnity Bond, committing to serve the bank for at least three years. If a candidate leaves before completing this period, they will be required to pay a sum of ₹2,00,000 (Two Lakh Only) plus applicable taxes as per government regulations.
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