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Union Bank of India Local Bank Officer Salary 2024: The starting salary of selected candidates will be approximately Rs 50000. Other allowances vary depending upon the place of posting. Check the annual package, in-hand salary, job profile and career growth. Check the annual package, in-hand salary, job profile and career growth.
Union Bank Local Bank Officer Recruitment 2024
The Union Bank Local Bank Officer Notification 2024 has been released on 24th October 2024 and the Union Bank LBO Apply Online Link has been activated from 24th October 2024 onwards. Here have a quick glance at the Union Bank LBO Recruitment 2024 from the below table.
| Union Bank Local Bank Officer Recruitment 2024 Overview | |
| Particulars | Details |
| Organization | Union Bank of India (UBI) |
| Exam Name | Union Bank LBO 2024 |
| Post | Local Bank Officer (LBO) |
| Vacancy | 1500 |
| Category | Bank Job |
| Application Mode | Online |
| Online Registration Dates | 24th October and 13th November 2024 |
| Age Limit | 21 Years to 30 Years |
| Educational Qualification | Graduation from a recognised university |
| Selection Process |
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| Salary | 48480-2000/7-62480-2340/2-67160-2680/7-85920 (Scale- JMGS-1) |
| Job Location | All over India |
| Official Website | www.unionbankofindia.co.in |
Union Bank LBO Recruitment 2024 Important Dates
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The Union Bank LBO Apply Online Dates are 24th October and 13th November 2024. The last date for submission of application fee to complete the registration process is 13th November2024. We have tabulated below the complete schedule for the Union Bank LBO Recruitment 2024.
| Union Bank LBO Recruitment 2024 Important Dates | |
| Events | Dates |
| Union Bank LBO Short Notice 2024 | 22nd October 2024 |
| Union Bank LBO Notification 2024 PDF | 24th October 2024 |
| Union Bank LBO Apply Online starts | 24th October 2024 |
| Last Date to Apply Online | 13th November 2024 |
| Last Date to Pay Application Fee | 13th November 2024 |
| Union Bank LBO Exam Date 2024 | To be Notified |
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Join Now!Union Bank of India Local Bank Officer Salary 2024
UBI released notification for Local Bank Officer 2024 Exam, for which 1,500 eligible candidates will be recruited. The starting salary for the candidates will be Rs 50000 per month. In addition to a demanding job, the UBI LBO role offers competitive compensation and a variety of benefits and incentives. Here is the basic information about Union Bank of India Local Bank Officer Salary to show you.
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Union Bank of India Local Bank Officer Salary Overview
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Exam Conducting Body
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Union Bank of India
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Post Name
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Local Bank Officer
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Vacancy
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1500
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Salary (Initial)
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Rs 50000 per month (Approximately)
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Job Location
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Anywhere in India
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Union Bank of India Local Bank Officer In Hand Salary 2024
The salary for the candidates for local bank managers in selected Union Bank of India will vary depending on the placement as HRA and CCA are location dependent. According to the latest estimates, the average gross income in urban areas would be around Rs 50,000 per month. In addition, special fees, preferred fees and other fees will be paid in accordance with the rules and regulations of the Bank. In addition, the officer will be eligible for facilities such as accommodation/rent on site for the third year, LFC, reimbursement of medical/hospital expenses, other benefits as per the policies of the fund.
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Union Bank of India Local Bank Officer Salary Structure
Remuneration package of a local bank officer in Union Bank of India consists of few components such as basic pay allowances gross earnings, net salary along with other kinds of deduction so that the suitable candidate gets rewarded with that compensating package. Consequently, the annual salary range from 7 lakh rupees to 9 lakhs rupees for which that selected candidate will work there. Here is salary plan provided for the reference purposes to the candidates.
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Particulars
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Salary Structure
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UBI LBO Pay Scale
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Rs 48480 – 2000/7 – 62480 – 2340/2 – 67160 – 2680/7 – 85920
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UBI LBO Starting Pay
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Rs 50,000 (Approximately)
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UBI LBO Starting In Hand Salary
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Rs 50,000 per month + admissible allowances
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Join Now!Union Bank of India Local Bank Officer Salary Slip
Union Bank of India Local Bank Officer Candidates will receive slips at the end of every month. The salary is an official record of your income. The pay slip contains information about your base salary, allowances like Dearness Allowance (DA) and House Rent Allowance (HRA), any deductions etc. This slip serves as proof of employment and it can be used for loan applications, income tax filings, and other purposes .
Union Bank of India Local Bank Officer Salary 2024: Perks and Allowances
In addition to the basic salary, selected candidates will be eligible for various bonuses and incentives. Amounts vary by region, salary level, and other factors. Union Bank of India Local Bank Officer Salary includes the following benefits and allowances.
- Family Allowance
- Educational Allowance
- Local Allowance
- House Rent Allowance
- Medical Allowance
- Fuel Allowance
- Dearness Allowance
- Grade Allowance
- Leave Fare Concession
- Tour Allowance
Union Bank of India LBO Recruitment 2024 Selection Process
The selection process for the Indian Bank LBO Recruitment 2024 comprises multiple stages, including:
- Written Examination
- Interview
- Document Verification
- Medical Examination
The written exam and interview are crucial components of the selection process, and candidates are advised to prepare thoroughly to increase their chances of success.
Banking Monthly Magazine PDF 2024
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