Central Bank of India SO Salary 2024; Check Salary Structure, Pay Scale, Allowances & Benefits

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Reported by Pankaj Bhatt

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Central Bank of India SO Salary 2024: Are you looking to make a career in banking or simply an enthusiast and curious to know about the salary details of a Specialist Officer? Then this article might pique your interest. This article contains salary structure, allowances and benefits offered to a Specialist Officer in the CBI. We have mentioned the latest salary information for the year 2024. Make sure to read till the end to get all the information regarding the Specialist Officer Salary.

Central Bank of India SO Salary 2024

The CBI Bank has recently issued a notification for 110 vacancies for Specialist Officers. We would like to grab this opportunity to shed some light on the salary details of the post. The CBI is a Public Sector Bank and provides a decent salary to its employees with a good increment margin.

Central Bank of India SO Salary
Central Bank of India SO Salary 2024

The scale-wise salary of the Specialist Officer in the CBI bank is provided in the table below:

Special Officer Post Title Grade Pay
Junior Management Grade Scale I36,000-1490(7)-46430-1740(2)-49910-1990(7)-63840
Middle Management Grade Scale II48170-1740(1)-49910-1990(10)-69810
Middle Management Grade Scale III63840-1990(5)-73790-2220(2)-78230
Senior Management Grade Scale IV76010-2220(4)-84890-2500(2)-89890
TMG Scale V89890-2500(2)-94890-2730(2)-100350

CBI Bank Special Officer Allowances

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The Specialist Officer for the CBI receives various allowances. The list of all the allowances provided to the SO is mentioned in the form of a list below:

  1. City Compensatory Allowance
  2. Dearness Allowance
  3. Hospitalization Benefits
  4. House Rent Allowance
  5. Leave Fare Allowance
  6. Medical Allowance
  7. Furniture Allowance
  8. Newspaper Allowance
  9. Retirement benefits

Work Profile of Specialist Officer

The SO is responsible for the database & network handling. In addition to this, SO are also responsible for planning schemes in order to promote the sales of banking products. SO deals with customers directly to promote these schemes and banking deals. So, the overall aim of a Specialist Officer is to improve the profit of the bank.

Specialist Officer Promotion ladder

There is a huge scope for getting inter bank promotion for a SO. There are departmental exams for procuring higher positions within the bank. A specialist Officer can easily aim for higher positions such as Officer and then advance towards Assistant Manager and then to the Scale 2 position of Manager. If you play your cards right and work hard in your banking career you can even climb up to the Scale 7 position of General Manager. It’s all about making the start.

We wish you all the luck in your career and hope this article was of any assistance to you.

Important Links: Central Bank of India SO

Available NowOfficial website of Central Bank of India
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