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Central Bank Of India SO Salary 2024, Salary Structure, Pay Scale and Other Benefits

Central Bank Of India SO Salary 2024 structure is provided here. Check Central Bank Of India salary, pay check, training stipend and other allowances.
authorImageLata Negi3 Dec, 2024
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Central Bank Of India SO Salary 2024, Salary Structure, Pay Scale and Other Benefits

Central Bank Of India SO Salary 2024

Central Bank Of India SO Salary 2024 along with a variety of incentives and benefits, attracting government job seekers to apply for this position. According to the Central Bank of India, applicants selected under the Central Bank of India receive a magnificent Central Bank Of India SO Salary. As the Central Bank Of India SO Notification has been published for 192 Specialist Cadre Officers vacancies, the candidates interested in the posts must be looking for Central Bank Of India SO Salary 2024 & pay scale. Candidates continue with the article for more details on Central Bank Of India SO Salary 2024.
  • Chief Manager (SCALE IV)- Rs. 35.27 lakhs
  • Senior Manager (SCALE III)- Rs. 29.17 lakhs
  • Manager (SCALE II)- Rs. 23.54 lakhs
  • Assistant Manager (SCALE I)- Rs. 19.38 lakhs

Central Bank of India SO Salary Structure 2024

The candidates can have a look at the table below for Central Bank Of India SO Salary 2024 or the in-hand salary distribution. The Central Bank Of India SO 2024 Salary is paid as per the 7th Pay Commission. The salary structure has been tabulated below.
Central Bank of India SO Salary Structure 2024
Grade/Scale Scale of Pay
JMG SCALE I 36,000 – 1,490 (7) – 46,430 – 1,740 (2) – 49,910 – 1,990 (7) – 63,840
MMG SCALE II 48,170 – 1,740 (1) – 49,910 – 1,990 (10) – 69,810
MMG SCALE III 63,840 – 1,990 (5) – 73,790 – 2,220 (2) – 78,230
SMG SCALE IV 76,010 – 2,220 (4) – 84,890 – 2,500 (2) – 89,890
SMG SCALE V 89,890 – 2,500 (2) – 94,890 – 2,730 (2) – 100,350

Central Banks of India SO Salary Allowances 2024

A candidate selected as an apprentice is not eligible for any allowances. In addition to the Central Bank of India SO Salary 2024, candidates in managerial posts can avail the following allowances.

  1. Dearness Allowance (DA): In accordance with the Consumer Price Index (CPI), Dearness Allowance (DA) is a cost of living adjustment allowance. Employees are able to cope with inflation thanks to it.
  2. House Rent Allowance (HRA): Employees who do not have government housing receive House Rent Allowance (HRA), which is calculated based on their basic salary. Depending on the city of posting, the percentage may vary.
  3. Transport Allowance: An employee may be eligible to receive a transport allowance to cover the cost of commuting to and from work.
  4. Medical Allowance: Employees and their dependents receive medical allowances to cover medical expenses.
  5. Leave Travel Allowance (LTA): Employees are entitled to a Leave Travel Allowance (LTA) when they go on family leave.
  6. Special Allowance: Banks may vary in their special allowances provided to employees as part of their overall compensation packages.

Central Bank of India SO Exam Related List
Central Bank of India SO Recruitment 2024 Central Bank of India SO Syllabus 2024
Central Bank of India SO Eligibility 2024 Central Bank of India SO Admit Card 2024
Central Bank of India SO Salary 2024 Central Bank of India SO Selection Process 2024

Central Bank Of India SO Salary 2024 FAQs

Q1. What are the benefits that an Central Bank Of India SO receives apart from the salary?

Ans. Central Bank Of India SO gets the facility of DA, HRA, Medical, Travel, Transport Allowances to name a few.

Q2. Why should I check the Central Bank SO Job Profile in advance?

Ans. Candidates should check the Central Bank SO Job Profile to understand the roles and responsibilities well in advance.

Q3. Where can I get the Central Bank of India SO Salary 2024 details?

Ans. The Central Bank of India SO Salary 2024 details are provided in the above article.
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