Indian Bank has released the Recruitment 2023 Notification for Specialist Officers SO Various Posts. Check the Indian Bank Specialist Officers SO Salary In Hand and Per month Salary. Indian Bank, Interested candidates, in this Indian Bank SO 2023 recruitment and fulfilling the eligibility can apply online from 16 February 2023 to 28 February 2023.
Indian Bank SO Salary 2023 & Structure
An appointed candidate shall not leave or discontinue service in the Bank without giving notice in writing, of the intention to leave or discontinue the services or resign. The period of notice required shall be 3 months of active service. Selected candidates will get pay scale of Rs.36000 – Rs.89890. Scale I – 36000-1490(7)-46430-1740(2)-49910-1990(7)-63840
Indian Bank SO Salary- Structure
| EVENT | DETAILS |
| Recruitment Body | Indian Bank |
| Post Name | HR Officer, Industry Development Officer, Forex Officer, Treasury Officer (Dealer for Treasury), Marketing Officer, Information Security, IT/Computer Officer, Risk Officer, and Financial Analyst (Credit Officer). |
| Total Vacancy | 203 |
| Pay Scale | Rs.36000 – Rs.89890/- |
| Pay Scale I | Rs.36000 – Rs.63840/- |
| Pay Scale II | Rs.48170 – Rs.69810/- |
| Pay Scale III | Rs.63840 – Rs.78230/- |
| Pay Scale IV | Rs.76010 – Rs.89890/- |
Indian Bank SO Salary 2023
Indian Bank SO will get pay scale of Rs.36000 – Rs.89890. Candidates will also get DA, CCA, HRA / Leased accommodation, Leave Fare Concession, Medical Aid, Hospitalization Benefits, Retirement Benefits and other perquisites will be admissible as per the rules of the Bank and Industry level settlements applicable from time to time.
Indian Bank SO Salary 2023 For Scale I Officer
Scale I – 36000-1490(7)-46430-1740(2)-49910-1990(7)-63840: Starting Salary is Rs.36,000/- per month in the pay scale of 36000-1490(7)-46430 1740(2)–49910–1990(7)-63840(17 years). The starting salary of India Bank SO is Rs.36,000/-. Which will increase for 7 years according to 1490 rupees. After 7 years the salary will be Rs.46430. Which will increase by Rs.1740 for the next 2 years. After completion of 7+2 years, the salary will be Rs.49910. Which will increase by Rs 1990 for the next 7 years. After 1+ 7 + 2 + 7 years the salary will be Rs.63840.
Indian Bank SO Salary For Scale II Officer
Scale II – 48170-1740(1)-49910-1990(10)-69810: Starting Salary is Rs.48170/- per month in the pay scale of 48170-1740(1)-49910-1990(10)-69810. The starting salary of Indian Bank SO is Rs.4817/-. Which will increase for 1 years according to 1740 rupees. After 1 years the salary will be Rs.49910. Which will increase by Rs.1990 for the next 10 years. After completion of 1+10 years, the salary will be Rs.69810.
Indian Bank SO Salary 2023 For Scale III Officer
Scale III – 63840-1990(5)-73790-2220(2)-78230: Starting Salary is Rs.63840/- per month in the pay scale of 63840-1990(5)-73790-2220(2)-78230. The starting salary of Indian Bank SO is Rs.63840/-. Which will increase for 5 years according to 1990 rupees. After 6 years the salary will be Rs.73790. Which will increase by Rs.2220 for the next 2 years. After completion of 1+5 + 2 years, the salary will be Rs.78230.
Indian Bank SO Salary For Scale IV Officer Pay Slip
Scale IV – 76010-2220(4)-84890-2500(2)-89890: Starting Salary is Rs.76010/- per month in the pay scale of 76010-2220(4)-84890-2500(2)-89890. The starting salary of Indian Bank SO is Rs.76010/-. Which will increase for 4 years according to 2220 rupees. After 5 years the salary will be Rs.84890. Which will increase by Rs.2500 for the next 2 years. After completion of 1+4 + 2 years, the salary will be Rs.89890.
| Indian Bank SO Per Month Salary Structure | |
| Indian Bank SO Salary Scale I Officer | 36,000-1490(7)-46430-1740(2)-49910-1990(7)-63840 |
| Indian Bank SO Salary Scale II Officer | 48170-1740(1)-49910-1990(10)-69810 |
| Indian Bank SO Salary Scale III Officer | 63840-1990(5)-73790-2220(2)-78230 |
| Indian Bank SO Salary Scale IV Officer | 76010-2220(4)-84890-2500(2)-89890 |
Indian Bank SO Salary 2023: Allowances
- Dearness Allowance(DA)
- Leave Fare Concession
- Medical Aid
- Hospitalization Benefits
- Retirement Benefits
- City Compensatory Allowance
- House Rent Allowance/Leased Accommodation
Indian Bank SO Salary 2023: Responsibility
Indian Bank SO Responsibility is as per the recruitment rules which is as-
- Approve or Reject Loan
- Prepare company budget
- Analyze the organization
- Manage the bank’s finances.
- Communicate with customers and explain various schemes to them
Indian Bank SO Salary 2023: Promotion
Indian Bank SO Promotion list from the below given list –
- Scale 1 Officer
- Scale 1 Assistant Manager
- Scale 2 Manager
- Scale 3 Senior Manager
- Scale 4 Chief Manager
- Scale 5 Assistant General Manager
- Scale 6 Deputy General Manager
- Scale 7 General Manager.