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Bank of Baroda Salary 2025, Job Profile, Deductions and Benefits

Bank of Baroda Salary 2025, Job Profile, Deductions and Benefits

Bank of Baroda has announced recruitment for Specialist Officer (SO) posts, which will offer attractive salary packages. Candidates interested in this recruitment are provided with complete information about Bank of Baroda SO Salary 2025, Job Profile, Salary Deductions and Additional Benefits. The position of SO involves responsibilities and various facilities related to the banking sector. The particular salary structure makes it more attractive. This position offers professional growth and better career opportunities.

Bank of Baroda Salary 2025

Bank of Baroda SO Salary 2024 offers a competitive structure starting from Rs. 48,480 to Rs. 85,920, depending on the rank and scale of the post of specialist officer. In addition to the basic salary, employees receive various allowances such as DA, HRA, CCA and performance-related incentives. Additionally, benefits such as medical benefits, gratuities, and retirement benefits further enhance the overall compensation package.

BOB Salary 2025 Overview

This article provides complete information on the salary structure, as well as detailed information on compensation and benefits.

Bank of Baroda SO Salary 2025
Organization Bank of Baroda
Exam Name Bank of Baroda SO Review 2025
Job Specialized Officer (SO)
Vacancy 1267
Category Salary
Base salary According to the message
Salary scale According to the message
Method of application Online
Official website @bankofbaroda.in
Official WhatsApp channel Join the WhatsApp channel
Official Telegram Channel Join the Telegram channel

Bank of Baroda Pay Scale 2025

The Bank of Baroda Pay Scale 2025 offers a well-structured and rewarding salary framework designed to recognize expertise and experience at different levels. With competitive remuneration and regular increments, the scale ensures financial growth and stability for specialist agents, making them an attractive career option in the banking sector.

Grade/scale Base Salary (Rs.) Increment (Rs.) Steps
JMG/S – I 48,480 2,000 (7 steps) 2,340 (2 stages) 85,920
MMG/S-II 64,820 2,340 (1 step) 2,680 (10 steps) 93,960
MMG/S-III 85,920 2,680 (5 stages) 2,980 (2 stages) 1,05,280
SMG/S-IV 1,02,300 2,980 (4 stages) 3,360 (2 stages) 1,20,940
SMG/SV 1,20,940 3,360 (4 stages) 3,680 (2 stages) 1,35,020

Bank of Baroda Salary 2025 Allowance and Benefits

Bank of Baroda offers its specialist agents a variety of allowances and benefits to ensure financial security and improve job satisfaction. Dearness Allowance (DA) helps manage the cost of living, while Special Allowance provides additional compensation for specific tasks. Employees also receive Rent Allowance (HRA) if they do not live in the bank’s official quarters. The municipal compensatory allowance (ACC) is granted to people posted to expensive cities. The bank also offers medical assistance to help cover healthcare costs, as well as a Leave Travel Concession (LTC) for reimbursement for travel during leave. The transportation allowance helps cover travel costs and employees have the option to benefit from Quarters facilities, where they can live in bank-provided accommodation in lieu of receiving an HRA. These allowances and benefits contribute to the overall financial well-being and comfort of employees.

Description
Dearness Allowance (DA)

Provides financial relief from rising costs of living.

Special allowance

Remuneration for performing additional roles or tasks.

House Rent Allowance (HRA)

Assistance in renting accommodation if official premises are not used.

City compensatory allowance (ACC)

Additional financial support for employees working in expensive cities.

Medical assistance

Helps cover expenses related to health care and medical needs.

Travel leave (LTC)

Allows travel reimbursement during approved leave periods.

Travel allowance

Covers transportation costs for business or daily travel.

Ease of housing

Option to reside in bank-provided accommodation instead of claiming HRA.