Physics Wallah

Bank of Maharashtra SO Salary 2023, In Hand Salary, Job Profile

Bank of Maharashtra SO Salary and Job Profile has been discussed in this article. Check Bank of Maharashtra SO Salary 2023, Job Profile, In Hand Salary Structure, Allowances & other benefits.
authorImagePriyanka Dahima28 Oct, 2023
Share

Share

Bank of Maharashtra SO Salary 2023, In Hand Salary, Job Profile

Bank of Maharashtra SO Salary 2023

Numerous people are drawn to applying for the Officer Scale II and Scale III posts in the Bank of Maharashtra because of the attractive Bank of Maharashtra SO salary and the distinguished career progression. In addition to a generous compensation package, it grants a number of benefits to executives hired by the officials. The Bank of Maharashtra offers prestige, a respectable title, and job security. The right information on the Bank of Maharashtra salaries not only allays the candidates’ concerns but also encourages them to apply for the position. Read the entire post to learn more about the Bank of Maharashtra SO salary, job description, potential for career advancement, and other information.

Bank of Maharashtra SO Salary Structure 2023

Bank of Maharashtra offers candidates a competitive salary and benefits package for the Officer Scale II and Scale III posts. It includes various benefits and allowances along with the basic salary. Some of the critical details about the Bank of Maharashtra SO Salary 2023 exam are in the table below.
Bank of Maharashtra SO Salary 2023
Name of Organization Life Insurance Corporation of India
Name of the exam Bank of Maharashtra SO Exam 2023
Post Credit Officers (Scale II & Scale III)
Vacancy 100
Category Salary
Pay Scale for Scale II Officer Rs. 48170-1740/1-49910-1990/10-69810
Pay Scale for Scale III Officer Rs. 63840 – 1990/5 – 73790 – 2220/2 – 78230
Bank of Maharashtra Selection Process Online Exam, Interview
Official Website bankofmaharashtra.in

Bank of Maharashtra Credit Officer Salary 2023

After the 07th pay commission, Bank of Maharashtra SO Salary 2023 has been revised. The basic pay is Rs. 27,840 per month. Candidates get a handsome salary package for the assistant clerk position. The revised salary is he basic pay for Officers in Scale II is Rs. 48170 – 1740/1 – 49910 – 1990/10 – 69810 and for Officers in Scale III is Rs. 63840 – 1990/5 – 73790 – 2220/2 – 78230. Candidates can check the complete Bank of Maharashtra Salary 2023 structure in the table below.
  • The pay scale for Bank of Maharashtra SO Scale III Posts is Rs. 63840 – (1990/5) - 73790 – (2220/2) – 78230.
  • The pay scale for Bank of Maharashtra SO Scale-II posts is Rs. 48170 – (1740/1) - 49910 – (1990/10) – 69810.
In addition to this, the Specialist Officers are also eligible for additional allowances.

Bank of Maharashtra SO Salary 2023 Perks and Allowances

The various perks and allowances entitled to Bank of Maharashtra SO posts are as follows:
  • Dearness Allowance
  • House Rent Allowance
  • City Compensatory Allowance
  • Provident Fund
  • Pension Fund
  • Medical Reimbursement
  • Furniture Allowance

Bank of Maharashtra SO Probation Period 2023

  • The selected candidates will have to execute a Bond for a value of Rs. 02.00 lakh to serve the Bank for a minimum period of two years for Scale II & three years for Scale I.
Bank of Maharashtra SO Probation Period 2023
Scale Probation Period Bond Amount Bond Minimum Service Period
III 6 Months 02.00 Lakh 2 years
II 6 Months 02.00 Lakh 2 years

Bank of Maharashtra SO Salary 2023 Job Profile

Security Officer -

  • Monitoring Security and Fire Safety of the Bank, Liaising with Police & other security Officials, Training Armed Guards, etc.
  • Responsible for the physical security arrangements at the Branches, Currency chests, and Administrative Offices.
  • Assist the Branch Managers in the maintenance, legal & procedural aspects related to Gun license and Arms.

Agricultural Field Officer-

  • To undertake a survey of the villages in the command area of the allotted branches and identify the potential available for lending to Agriculture and allied activity sectors.
  • To arrange credit camps in the villages from the command area of the branch, explain banks’ various schemes of Agricultural lending, scrutinize the required papers/documents required for financing, and help the farmers in filling up our Loan application forms.
  • To prepare a pre-sanction visit report, appraise the technical feasibility and economic viability of the proposal, and submit the same to the Branch Manager along with specific recommendations.
  • To guide the farmers on improved cultivation practices, new high yielding crop varieties, plant protection measures, land development by adopting appropriate crops and irrigation methods, rain water harvesting, etc.
  • Explore feasibility for floriculture, horticulture, food processing activities and organize training to set up such activities on a viable basis through bank finance.

Law Officer-

  • Guidance to branches for obtaining required documents in various types of banking transactions.
  • Issuing legal notices on behalf of the bank and replying to legal notices received by the branches and Zonal Office.

HR/Personnel Officer

  • Coordinating recruitment/employee engagement activities of the bank.
  • Coordinating with Training College to ensure nomination for training & participation.
  • To supervise the quality of work done by the staff members in a year in order to understand the best way it can utilize a staff.

IT Support Administrator:

  • Analyze, troubleshoot, and diagnose hardware-related IT issues reported by branches.
  • Update, maintain, and monitor computer networks within the bank.
  • Install and configure computer systems and applications.

DBA (MSSQL/ORACLE):

  • Perform database administration in Oracle/SQL server RDBMS.
  • Work with Oracle Real Application Clusters and Change Data Capture solutions.
  • Maintain databases and generate DBA reports.

Windows Administrator:

  • Install, configure, and monitor system/server/storage/network.
  • Responsible for system/server maintenance, patch update, and migration.

Product Support Engineer:

  • Deploy software technology solutions to provide technical software support.
  • Coordinate with the development team to resolve production issues and improve existing products.

Network & Security Administrator:

  • Monitor existing links, commission new links, and ensure network uptime.
  • Troubleshoot network issues and liaise with telecom service providers to maintain network stability.

Email Administrator:

  • Configure and manage the Bank’s E-Mail server in an enterprise environment.
  • Develop and implement procedures for the Bank’s electronic mail network.
  • Monitor the performance of the electronic mail system.

Join 15 Million students on the app today!
Point IconLive & recorded classes available at ease
Point IconDashboard for progress tracking
Point IconMillions of practice questions at your fingertips
Download ButtonDownload Button
Banner Image
Banner Image
Free Learning Resources
Know about Physics Wallah
Physics Wallah is an Indian edtech platform that provides accessible & comprehensive learning experiences to students from Class 6th to postgraduate level. We also provide extensive NCERT solutions, sample paper, NEET, JEE Mains, BITSAT previous year papers & more such resources to students. Physics Wallah also caters to over 3.5 million registered students and over 78 lakh+ Youtube subscribers with 4.8 rating on its app.
We Stand Out because
We provide students with intensive courses with India’s qualified & experienced faculties & mentors. PW strives to make the learning experience comprehensive and accessible for students of all sections of society. We believe in empowering every single student who couldn't dream of a good career in engineering and medical field earlier.
Our Key Focus Areas
Physics Wallah's main focus is to make the learning experience as economical as possible for all students. With our affordable courses like Lakshya, Udaan and Arjuna and many others, we have been able to provide a platform for lakhs of aspirants. From providing Chemistry, Maths, Physics formula to giving e-books of eminent authors like RD Sharma, RS Aggarwal and Lakhmir Singh, PW focuses on every single student's need for preparation.
What Makes Us Different
Physics Wallah strives to develop a comprehensive pedagogical structure for students, where they get a state-of-the-art learning experience with study material and resources. Apart from catering students preparing for JEE Mains and NEET, PW also provides study material for each state board like Uttar Pradesh, Bihar, and others

Copyright © 2025 Physicswallah Limited All rights reserved.