Bank of India (BOI) has announced 180 vacancies for expert officers (SO) in its 2025 recruitment campaign. Bank of India Specialist Officer Salary 2025 is an important aspect for aspiring aspirations to join the banking sector. Vacancies are distributed in three roles: Chief Manager (SMGS-IV) with 21 posts, Senior Manager (MMGS-III) with 85 posts, and Manager with 74 posts (MMGS-II). These roles come with attractive salary, career progresses and many benefits spread in various expertise. Below is a detailed description of salary structure, pay scale and additional allowances for each role.
Bank of India So Salary 2025
Bank of India So Salary 2025 offers a competitive pay scale, strong growth opportunities and many benefits that make it an attractive career option for aspiring candidates. Available with 180 vacancies in Bank of India Hence Recruitment 2025The roles provide a platform for professional development, ensuring financial stability. The initial basic salary varies from ₹ 64,820 to ₹ 1,02,300 on the basis of grade scale.
Bank of India therefore pay scale 2025
Pay structure for Bank of India expert officers (hence varies depending on the level of grade and responsibility. The pay scale for each grade is detailed below:
| Bank of India therefore pay scale 2025 | ||
| Category | Pay scale | |
| Middle Management Grade Scale-II (MMGS-II) | ₹ 64,820 – ₹ 2,340 (1 year) – ₹ 67,160 – (2,680 (10 years) – ₹ 93,960 | This grade includes an increase of ₹ 2,340, after which there is a ten increase of ₹ 2,680. The original salary progresses considerably in the years, making it an attractive option for professionals seeking development. |
| Middle Management Grade Scale-III (MMGS-III) | ₹ 85,920 – ₹ 2,680 (5 years) – ₹ 99,320 – ₹ 2,980 (2 years) – ₹ 1,05,280 | Employees of this scale get five increments of and 2,680 and two increments of 2,980. This grade provides an advanced early salary and high development opportunities compared to grade MMGS-II. |
| Senior Management Grade Scale-IV (SMGS-IV | ₹ 1,02,300 – (2,980 (4 years) – ₹ 1,14,220 – ₹ 3,360 (2 years) – ₹ 1,20,940 | This scale is for senior professionals with high managerial responsibilities. Employees in this grade are eligible for four increments of 2,980, followed by two increments of ₹ 3,360, adequate financial growth over years. |
Bank of India 2025 allowances and benefits
The salary of the Bank of India expert officer includes various components besides the basic salary. Experts in BOI enjoy additional allowances and hosting of benefits, including:
Dearness allowance (da): The revised quarterly, DA is calculated as a percentage of basic salary. It is associated with the Consumer Price Index (CPI), which ensures adjustment based on inflation.
Home Fare Allowance (HRA): Employees posted in metro cities receive more than 9% basic salary, while in semi-urban or rural areas they get a slightly lower percentage.
City Affirmation Allowance (CCA): The posting varies depending on the location of the posting, providing additional financial assistance to employees in high cost cities.
medical benefits: Extensive health insurance coverage is provided to employees and their dependents to ensure financial security during medical emergency conditions.
Leave benefits: Employees are entitled to a variety of holidays, including earned holidays, sick leave and casual leave, as well as special leaves such as maternity and paternity leave.
Travel Allowance (TA): Reimbursement for official visit with additional allowances such as holiday travel concession (LTC) for individual trips.
retirement benefits: Pension schemes, gratuity and provident fund contributions, which ensure retirement after financial stability.
Performance-Linked Incentive: Employees can get bonus and encouragement based on their personal and organizational performance.
Bank of India is a career growth and opportunity
Working as an expert officer in BOI not only provides financial benefits, but also excellent career development possibilities. Promotion is based on performance, experience and departmental requirements.
- MMGS-II employees can progress in MMGS-III within a few years, followed by SMGS-IV and high grade.
- MMGS-III employees have fast campaigner opportunities for SMGS-IV and beyond that.
- SMGS-IV employees have been designed for top leadership roles in the bank.
