Bank of Baroda LBO Salary 2025, In Hand Salary, Job Profile and Perks

Bank of Baroda LBO Salary 2025: The Bank of Baroda has released a detailed advertisement for the 2500 Local Bank Officer posts to recruit candidates with 1 year prior banking experience.

It is one of the best opportunity to get valuable exposure to banking operations and practical experience, making it an attractive opportunity.

What makes this opportunity even more exciting is the Bank of Baroda LBO Salary 2025 offered by the Bank under Junior Management Grade Scale I (JMG/S–I) pay scale.

Bank of Baroda LBO Salary 2025

The Bank of Baroda LBO Recruitment 2025 features a competitive and lucrative salary package designed to enhance both financial stability and career growth.

For the Local Bank Officer (LBO) position under the Junior Management Grade Scale I (JMG/S–I), the starting basic pay is Rs. 48,480 per month, accompanied by various allowances and benefits.

Candidates will receive Bank of Baroda LBO Salary 2025 with regular increments, along with additional perks such as Dearness Allowance, House Rent Allowance, and medical benefits, providing a comprehensive compensation and growth framework for aspiring candidates

Bank of Baroda LBO Salary Structure 2025

Candidates selected for the Bank of Baroda Local Bank Officer posts will receive salary under Grade Pay of Junior Management Grade Scale I (JMG/S–I).

The BOB LBO pay scale after 7th CPC is Rs. 48,480/-, BOB LBO is granted periodic increments at set intervals, following the pay scale progression: Rs. 48,480 with 7 increments of Rs. 2,000/-, reaching Rs. 62,480/-; then 2 increments of Rs. 2,340/-, reaching Rs. 67,160/- followed by 7 increments of Rs. 2,680, culminating at Rs. 85,920/-.

In the below table we have provided the details of the Bank of Baroda LBO Salary Structure 2025.

Bank of Baroda LBO In-Hand Salary 2025

The Bank of Baroda LBO basic pay starts at Rs. 48,480/- under the Junior Management Grade Scale I (JMG/S–I).

The Bank of Baroda LBO In-Hand Salary 2025 for a newly joined officer is approximately Rs. 75,000/-  to Rs. 85,000/- per month, depending on the posting location and other factors. 

Bank of Baroda LBO Perks and Benefits

The Bank of Baroda LBO Perks and Benefits enhance the overall remuneration package and support the financial well-being of the employees. Along with the basic pay, several allowances are provided to BOB LBO employees, including:

• Dearness Allowance (DA)
• House Rent Allowance (HRA) or Lease Rental Facility
• City Compensatory Allowance (CCA)
• Medical Benefits
• Contributory Pension Scheme (NPS)

Bank of Baroda LBO Job Profile

The Bank of Baroda LBO Job Profile acts similarly to a probationary officer in other public sector banks. This position involves managing branch operations, developing customer relationships, and ensuring compliance with banking regulations

1. Customer service: Assist customers with banking transactions, account management, and queries

2. Loan processing: Evaluate loan applications, assess credit risks, and release loans

3. Branch operations: Oversee daily branch operations, including cash handling and record-keeping

4. Sales: Promote bank products and services, and achieve sales targets

5. Compliance: Ensure compliance with banking regulations

6. Financial planning: Engage in financial planning and risk assessment

7. Mentoring: Mentor and supervise junior staff members.

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