Visakhapatnam Cooperative Bank PO Salary 2022 Salary Structure, Pay Scale & Job Profile

Visakhapatnam Cooperative Bank Salary 2022: The Visakhapatnam Cooperative Bank offers a handsome amount of salary as well as there are good chances of career growth. As we all know recently Vishakhapatnam Cooperative Bank has released the notification for the recruitment of candidates for the post of probationary officer(deputy manager). All the eligible candidates would be curious to know the salary of this post. So today in this article, we have come up with the detailed Visakhapatnam Cooperative Bank PO Salary 2022

Visakhapatnam Cooperative Bank PO Salary 2022

Visakhapatnam Cooperative Bank PO Salary 2022 is announced along with the Notification PDF. Salary is an important aspect of any recruitment as it has the ability to attract a candidate. Other than the basic pay several perks and allowances get added to the overall salary of an aspirant. Here, we have provided complete information on salary structure, pay scale, job profile, and career growth.

Visakhapatnam Cooperative Bank PO Salary 2022: Overview

An overview of Visakhapatnam Cooperative Bank Salary 2022 for Probationary Officer is described in the given table.

Vishakhapatnam Cooperative Bank PO Salary 2022: Salary Structure

Candidates who will be recruited as Probationary Officers in Vishakhapatnam Cooperative Bank Limited will have to be on probation for a time period of 2 years. During their probation period, aspirants will receive a consolidated pay of Rs. 28000 per month. After being a permanent employee of the bank, Visakhapatnam Cooperative Bank PO Salary 2022 will be around Rs. 37000.

Vishakhapatnam Cooperative Bank PO Salary 2022: Pay Scale

According to the official Notification, Visakhapatnam Cooperative Bank PO Salary 2022 will be given according to the following pay scale. The regular pay scale will be followed after the candidate has successfully finished their probation period.

Vishakhapatnam Cooperative Bank PO Salary 2022: Allowances

Other than the basic pay the candidates also are benefitted with various allowances. The list of allowances received by a deputy manager in Visakhapatnam Cooperative Bank are listed below.

• House Rent Allowance
• Medical Allowance
• Dearness Allowance
• Medical Insurance

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Vishakhapatnam Cooperative Bank PO Salary 2022: Benefits

The benefits that a Visakhapatnam Cooperative Bank PO experience are mentioned below.

• The medical bill of an employee is reimbursed in case of their hospitalization.
• Probationary Officers have options of paid leaves.
• If the death of the employee occurs in any accident then a coverage amount of Rs. 50,000 is given.
• The family member receives a welfare fund of Rs. 5000 in case of the death of the employee.

Vishakhapatnam Cooperative Bank PO Salary 2022: Job Profile

Aspirants appointed as Probationary officers or deputy managers will have a very crucial role in Visakhapatnam Cooperative Bank Limited. The key responsibilities of Visakhapatnam Cooperative Bank PO include:

• Handle the daily banking operations and business
• Process loans
• Manage the various departments of the bank
• Offers various financial products and services to the customers
• Monitor the sales taking place in the bank

Vishakhapatnam Cooperative Bank PO Salary 2022: Career Growth

The candidates who will qualify for the Vishakhapatnam Cooperative Bank Recruitment exam which will include the prelims, mains, and interview round will be recruited as the Probationary officers. For the first 2 years aspirants will have to serve on probation in which they will have to work in different branches. The candidates, during their probation period as deputy managers will have to undergo with the training process and tests will be conducted during the same.  Once their performance will be satisfactory and they will qualify the training and tests, candidates will be further considered for confirmation. After becoming a permanent employee the aspirants can rise further to the next managerial levels through internal promotion and exams which will be held on regular time interval.

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FAQs: Vishakhapatnam Cooperative Bank Salary 2022

Q.1 What is the pay scale of the Vishakhapatnam Cooperative Bank PO 2022?

Ans. The pay scale of the PO in Visakhapatnam Cooperative Bank is Rs. 20330-660-23630-770-27480-895-31955-1040-37155-1205-45590.

Q.2 What is the salary which will be given to the candidates during the Probation period for Visakhapatnam Cooperative Bank Recruitment 2022? 

Ans. During the probation period, candidates will get a salary of Rs28,000 per month.

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