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 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)
| Description | Pay Scale |
| Initially Pay | 36,000/- |
| Annual Increment For 7 Years | 1490/- |
| After 7 years Basic Pay | 46,430/- |
| Annual Increment For 2 Years | 1740/- |
| After 2 years Basic Pay | 49,910/- |
| Annual Increment For 7 Years | 1990/- |
| After 7 Year Basic Pay | 63,840/- |
| Maximum Basic Pay | 63,840/- |
Indian Bank SO Pay Scale For Scale II Officer
| Description | Pay Scale |
| Initially Pay | 48,170/- |
| Single Annual Increment | 1740/- |
| Basic Pay | 49,910/- |
| Annual Increment For 10 Years | 1990/- |
| After 10 years Basic Pay | 69,810/- |
| Maximum Basic Pay after 11 year of service | 69,810/- |
Indian Bank SO Pay Scale For Scale III Officer
| Description | Pay Scale |
| Initially Pay | 63,840/- |
| Annual Increment For 5 Years | 1990/- |
| After 5 years Basic Pay | 73790/- |
| Annual Increment For 2 Years | 2220/- |
| After 2 years Basic Pay | 78,230/- |
| Maximum Basic Pay | 78,230/- |
Indian Bank SO Pay Scale For Scale IV Officer
| Particulars | Pay Scale |
| Initially Pay | 76,010/- |
| Annual Increment For 4 Years | 2220/- |
| After 4 years Basic Pay | 84,890/- |
| Annual Increment For 2 Years | 2500/- |
| After 2 years Basic Pay | 89,890/- |
| Maximum Basic Pay | 89,890/- |
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
