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Q1. Where can I get the details of the Punjab and Sind Bank LBO Salary 2025?
Ans. The Punjab and Sind Bank LBO Salary 2025 including pay scale, salary structure, job profile, allowances and career growth are provided here.
Q2. What is the basic pay for Punjab and Sind Bank LBO posts?
Ans. The basic pay for Punjab and Sind Bank LBO post is Rs. 48480-2000/7-62480-2340/2-67160-2680/7- 85920.
Q3. What are the allowances apart from the Punjab and Sind Bank LBO Salary 2025?
Ans. The allowances apart from the Punjab and Sind Bank LBO Salary 2025 are DA, HRA /Leased Accommodation (if applicable, based on Scale and location by the Bank’s established norms), CCA.
Q4. What is the probation period for Punjab and Sind Bank LBO Post?
Ans. The probation period for Punjab and Sind Bank LBO Post is 6 months candidates' performance will be assessed, and confirmation will depend on satisfactory performance.
Q5. What is the bond amount for Punjab and Sind Bank LBO?
Ans. Bond amount will be equal to 3 months’ gross salary (initial basic + DA as of the resignation date + Special allowance + DA on Special allowance).
Punjab and Sind Bank LBO Salary 2025, Check Pay Scale, Salary Structure
Punjab and Sind Bank has set the Punjab and Sind Bank LBO salary 2025 with a basic pay of Rs. 48,480 per month. Punjab & Sind Bank LBO Recruitment 2025 has been released, with 750 positions available for Local Bank Officer. This article explains the Punjab and Sind Bank salary, pay structure, and benefits offered by the Bank.
Swati Singh20 Aug, 2025
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Punjab and Sind Bank LBO Salary 2025: The Punjab & Sind Bank LBO Recruitment 2025 was officially released by the bank on August 20, 2025. The bank is looking for applications for 750 vacancies for the role of Local Bank Officer (LBO) in Junior Management Grade Scale I (JMGS I). The online application for the Punjab & Sind Bank LBO Recruitment 2025 starts on August 20, 2025, and continues until September 4, 2025.
The Punjab and Sind Bank LBO Salary 2025 is an important factor motivating candidates to work hard and qualify for the Punjab and Sind Bank LBO exam. The Local Bank Officers will get a Salary under the basic pay of Rs. 48480/- with additional allowances and perks. The Punjab and Sind Bank LBO salary package includes benefits like Dearness Allowance, House Rent Allowance (HRA), Transport Allowance, Special Pay, and others. The article provides detailed information about the P & S Bank LBO salary and Punjab and Sind Bank LBO perks and benefits.
Punjab and Sind Bank LBO Salary 2025
The Punjab and Sind Bank Local Bank Officer (LBO) job role involves managing and overseeing banking operations at the local branch level. Candidates selected for the post will be appointed regularly in Junior Management Grade Scale I (JMGS I) and will receive a Punjab and Sind Bank LBO in-hand salary under the pay scale of Rs. 48480-2000/7-62480-2340/2-67160-2680/7- 85920.
This salary range reflects a good compensation package for Local Bank Officers (LBOs). Along with a salary, the LBO provides job security, which renders it a reliable career choice for numerous individuals seeking long-term employment with financial advantages and stability.
The candidates will be appointed permanently, and the Punjab and Sind Bank LBO salary structure is as follows:-
Officer – JMGS I:- The Pay Scale is Rs. 48480-2000/7-62480-2340/2-67160-2680/7-85920.
LBOs will commence at the starting pay scale for JMGS-I + 3 increments in the pay scale, according to the Joint Note relevant at the time of the Recruitment process.
Increments for obtaining qualifications such as JAIIB and CAIIB, if achieved, will be safeguarded, and the pay scale will be adjusted accordingly upon joining.
DA, HRA /Leased Accommodation (if applicable, based on Scale and location by the Bank’s established norms), CCA will be provided as per the policies in effect from time to time and according to the place of posting. Medical, LTC, Terminal Benefits, and other benefits will be provided by current regulations.
Punjab and Sind Bank LBO Probation Period
Probation Period- During Punjab and Sind Bank LBO Probation Period of 6 months, candidates' performance will be assessed, and confirmation will depend on satisfactory performance.
Bond Period- For JMGS-I Local Bank Officers post the Bond Period of 3 Years.
The bond amount will be equal to 3 months’ gross salary (initial basic + DA as of the resignation date + Special allowance + DA on Special allowance). The service bond must be submitted along with a pledge to work for the Bank for at least a period starting from the date of joining the Bank.
Punjab and Sind Bank LBO Career Growth
The selected officers will be in the general cadre and will be governed by the promotion policy applicable to the Bank’s general cadre officers. The selected candidates will not be entitled to inter-state transfer/ Controlling Office Posting (ZO/HO)/ special branches (CBB, Currency Chest, ARB, RCC, etc.) up to his/ her promotion to SMGS-IV Grade OR 12 years of service, whichever is earlier.
Also, the individual chosen for the Punjab and Sind Bank LBO role may take part in the bank’s promotion procedure according to the current promotion guidelines for Generalist Officers. Nonetheless, they must fulfill the necessary criteria and standards established by the bank to qualify for promotion.
Punjab and Sind Bank LBO Perks and Allowances
In this section, you will get Punjab and Sind Bank LBO allowances are given below:
Increments of acquiring qualifications i.e., JAIIB and CAIIB, if acquired, shall be protected, and the scale of pay adjusted accordingly at joining.
DA (Dearness Allowances), HRA /Leased Accommodation
City Compensatory Allowance (CCA) will be paid as per rules in force from time to time and depending upon the place of posting.
Medical, LTC, Terminal Benefits, and other perquisites will be as per prevailing rules.
Punjab and Sind Bank LBO Job Profile
Customer service: Assist customers with banking transactions, account management, and queries
