UCO Bank LBO Salary 2025 is the important factor motivating the candidates to work hard and qualify for the Local Bank Officer Exam. Local Bank Officers will get a base salary of Rs 48480 with additional allowances and perks, their expected gross salary will be around Rs 65000. The salary package includes benefits like dearness allowance, house rent allowance (HRA), transport allowance, special pay and others. The article provides detailed information about LBO salary and benefits.
uco bank lbo salary 2025
The role of a Local Bank Officer (LBO) in UCO Bank involves managing and overseeing the banking operations at the local branch level. UCO Bank LBO Salary 2025 ranges from Rs 680000 to Rs 730000 annually. This salary range reflects a good compensation package for Local Bank Officers (LBOs). Apart from salary, LBO offers job security, making it a stable career option for many people looking for long-term employment with financial benefits and stability.
UCO Bank LBO Salary Structure 2025
The starting basic pay is Rs 48480 with an annual increment of Rs 2000 for the first seven years. After that, the salary increment increases to Rs. Rs 2340 for two years, salary became Rs 62480. Then, the salary increases by Rs 2680 each year for the next seven years, reaching a maximum basic pay of Rs 85920.
| UCO Bank LBO Salary Structure 2025 | |
| parameters | amount |
| basic salary | Rupee. 48480 |
| dearness allowance | Rupee. 6500-7500 |
| HRA | Rupee. 3000-5000 |
| other allowances | Rupee. 2500-3000 |
| gross pay | Rupee. 62000-67000 |
| cut | Rupee. 6000-8000 |
| total payment | Rupee. 56000-61000 |
UCO Bank LBO Salary in Hand Salary
Gross pay is the total amount before any deductions, while take-home pay is the amount the officer takes home after deductions. These deductions include professional taxes and pension plan contributions. UCO Local Bank Officer will get a net salary of around Rs 56000 to Rs 61000.
UCO Bank LBO Facilities and Perks
UCO LBO Salary 2025 includes various allowances and perks added to the basic salary. These benefits are prescribed by the 7th Pay Commission and include:
- Dearness Allowance (DA)
- traveling allowance
- Special Allowance (Grade Pay)
- DA on special allowance
- DA on transport allowance
- special area allowance
- special pay
- House Rent Allowance (HRA)
UCO Bank LBO Probation Period
Candidates selected for UCO Bank LBO post will have to undergo a probation period of two years from the date of their joining. During this period, their performance and behavior will be closely monitored. If they fail to meet the required standards, their services may be terminated as per the policies of the Bank. Also, candidates will be required to sign a bond to work for the bank for the full probation period. If they choose to leave the bank before completing two years, they will have to pay a penalty of Rs. Rs 2 lakh as compensation.
UCO Bank LBO Careers and Promotion
Selected Local Bank Officers (LBOs) will be posted within the State for which they have been selected, and will remain in that State until they are promoted to SMGS-IV (Senior Management Grade Scale IV). goes or 12 years of service is not completed. whichever comes first.
Also, the candidate selected for LBO post can participate in the promotion process of the Bank as per the existing promotion policy for Generalist Officers. However, they must satisfy the necessary criteria and norms set by the Bank to be eligible for the promotion.
