If you are planning to apply for Union Bank Specialist Officer (SO) Post in 2025, then it is important to know about the salary details. Salary includes a good basic salary with various allowances and benefits. In this article, we will explain the Union Bank of So Salary 2025 and also share the original salary of an assistant manager to help you understand what you can expect after selection.
Union Bank so much salary 2025
Post of Assistant Manager in Union Bank then recruitment 2025 There is a respected position that comes with stable income and development opportunities. The salary structure follows the guidelines set by the banking sector and includes components such as basic salary, dearness allowance, home rent allowance and other allowances. With time and experience, salary increases through regular salary increase and publicity.
Union Bank so much pay structure 2025
The original salary for the post of Assistant Manager (Credit and IT) at Union Bank comes under Junior Management Grade Scale I (JMGS-I) and follows the salary structure of ₹ 48480-2000/7-62480-2340/2-67160-2680/7-85920. This means that the initial basic salary is ₹ 48,480. Every year after every year for the first 7 years, there is an annual increase of ₹ 2000 which takes the salary to ₹ 62480. Then for the next 2 years, the increase is ₹ 2340 per year, which reaches ₹ 67160. After that, for the next 7 years, the increment increases ₹ 2680 per year, which is leading to the maximum basic salary of ₹ 85,920.
Union Bank so much salary 2025 allowances and allowances
With the original salary, Union Bank Assistant Manager is entitled to various allowances and allowances according to the rules and regulations of the bank. These include special allowance, dearness allowance and other acceptable allowances. In addition, the officials are also eligible for facilities such as lease rent, leave, medical and hospital recruitment expenses and other benefits in place of residential quarters or quarters. These additional allowances make the overall pay package more attractive and provide a comfortable lifestyle for employees.
Union Bank so much service compensation bond
Candidates selected for the post of Assistant Manager at Union Bank will have to sign a service compensation bond. This means that they should agree to work in the bank for at least 3 years. If they quit the job before completing this period, they will have to pay ₹ 2,50,000 and any applied taxes to the bank. This rule is to ensure that the candidates are serious about their commitment and do not leave the job very early.
Union Bank such a probation period
After being selected, candidates will have to complete a 2 -year probation period from the date of joining Union Bank. During this time, their performance and conduct will be closely seen. They will be confirmed as permanent employees of the bank only after successfully completing the probation period.