Indian Bank SO Salary: Job Profile; Pay Scale; In Hand Salary

Aspirants can check out Indian Bank SO Salary 2022, In Hand Salary, Pay Scale and What is the Indian Bank Specialist Officer (SO) Job Profile in the post given below.

indian bank so Salary

Indian Bank SO Salary 2022

Indian Bank is one of the leading nationalized banks that offers a very attractive salary package along with some other perks. In This Post, we are going to discuss in detailed about “What is the Indian Bank SO Salary 2022”. Every candidate want a good salary package for which they can raise their standard of living. Indian Bank Specialist Officer Salary fits perfectly in this structure. Indian Bank has recently issued an employment notification to hire candidates for 312 vacancies in Scale I, II, III & IV. Continue reading this page to check out “What is scale-wise salary of Indian bank Specialist Officer?” and Indian Bank SO Pay Scale and Job Profile.

Check out Indian Bank Specialist Officer Selection Process in Details

Indian Bank SO Pay Scale

The Indian Bank SO Pay Scale varies scale-wise posts therefore we have provided below the complete scale wise salary structure. We have discussed the pay scale which is given, to candidates after their selection, in the below section:

Indian Bank SO Pay Scale For Scale I Officer)
DescriptionPay Scale
Initially Pay36,000/-
Annual Increment For 7 Years1490/-
After 7 years Basic Pay46,430/-
Annual Increment For 2 Years1740/-
After 2 years Basic Pay49,910/-
Annual Increment For 7 Years1990/-
After 7 Year Basic Pay63,840/-
Maximum Basic Pay63,840/-
Indian Bank SO Pay Scale For Scale II Officer
DescriptionPay Scale
Initially Pay48,170/-
Single Annual Increment1740/-
Basic Pay49,910/-
Annual Increment For 10 Years1990/-
After 10 years Basic Pay69,810/-
Maximum Basic Pay after
11 year of service
Indian Bank SO Pay Scale For Scale III Officer
DescriptionPay Scale
Initially Pay63,840/-
Annual Increment For 5 Years1990/-
After 5 years Basic Pay73790/-
Annual Increment For 2 Years2220/-
After 2 years Basic Pay78,230/-
Maximum Basic Pay78,230/-
Indian Bank SO Pay Scale For Scale IV Officer
ParticularsPay Scale
Initially Pay76,010/-
Annual Increment For 4 Years2220/-
After 4 years Basic Pay84,890/-
Annual Increment For 2 Years2500/-
After 2 years Basic Pay89,890/-
Maximum Basic Pay89,890/-

Indian Bank SO Perks & Allowances

Various perks and allowances shall be given by Bank to the Employee, which are included in the Indian Bank Specialist Officer Salary 2022. There are following perks and allowances:

  • Dearness Allowance
  • City Compensatory Allowance
  • House Rent Allowance/Leased Accommodation
  • Leave Fare Concession
  • Medical Aid
  • Hospitalization Benefits
  • Retirement Benefits

Indian Bank Specialist Officer (SO) Career Growth

Aspirants can check out below the Indian Bank SO career growth:

  • 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

Indian Bank Specialist Officer Recruitment 2022 Relevent Links

Indian Bank Recruitment 2022Indian Bank SO Important Dates
Indian Bank Specialist Officer SyllabusIndian Bank SO Exam Pattern

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