UCO Bank LBO Salary Structure 2025 has been determined by United Commercial Bank at between Rs. 56000 and Rs. 61,000 per month. The pay scale, benefits, and compensation offered by UCO Bank are described in this article.
UCO Bank LBO Salary Structure 2025, complete salary structure
The primary incentive for candidates to put in the necessary effort and pass the Local Bank Officer exam is the UCO Bank LBO Salary 2025. With extra benefits and allowances, the base salary for local bank officers will be Rs. 48480; their anticipated gross pay will be approximately Rs. 65000. Benefits like Dearness Allowance, House Rent Allowance (HRA), Transport Allowance, Special Pay, and others are included in the compensation package. The LBO salary and benefits are covered in detail in the article.
Managing and supervising banking operations at the local branch level is the responsibility of a Local Bank Officer (LBO) at UCO Bank. The yearly salary range for the UCO Bank LBO in 2025 is between Rs. 680,000 and Rs. 730000. A good compensation package for Local Bank Officers (LBOs) is reflected in this wage range. For many persons seeking long-term employment with stability and financial rewards, the LBO is a stable career option because it provides job security in addition to a wage.
UCO Bank LBO Salary Structure 2025
UCO Bank LBO Salary Structure 2025
For the first seven years, the base pay is Rs. 48480, with yearly raises of Rs. 2000. Following that, the income increases to Rs. 62480 with a two-year escalation to Rs. 2340. After then, the salary rises by Rs. 2680 annually for the following seven years, until the basic pay reaches a maximum of Rs. 85920.
The amount an officer receives after deductions is known as their in-hand compensation, whereas the gross salary is the whole amount before any deductions. Contributions to pension plans and professional taxes are among these deductions. The net in-hand remuneration for the UCO Local Bank Officer will be between Rs. 56000 and Rs. 61,000.
UCO Bank LBO Perks and Allowances
In addition to base pay, the UCO LBO Salary 2025 includes a number of benefits and allowances. The 7th Pay Commission determines these benefits, which consist of:
A two-year probationary period will begin on the day of the candidate’s joining for the UCO Bank LBO post. Their conduct and performance will be closely observed during this time. In accordance with the bank’s policy, their services may be terminated if they don’t fulfill the necessary criteria. Additionally, applicants must sign a bond pledging to work for the bank for the duration of their probation. They would have to pay a penalty of Rs. 2 Lacs as compensation if they decide to leave the bank before the two years have passed.
UCO Bank LBO Careers and Promotions
Until they are promoted to SMGS-IV (Senior Management Grade Scale IV) or finish 12 years of service, whichever comes first, the chosen Local Bank Officer (LBO) will be assigned within the state for which they were chosen.
Additionally, in accordance with the bank’s current promotion policy for Generalist Officers, the candidate chosen for the LBO post may take part in the promotion process. To be eligible for promotion, they must, however, fulfill the standards and requirements established by the bank.
