BOB SO Salary 2021: The Bank Of Baroda salary 2021 and the other related details are provided in this article. Bank of Baroda is a familiar international bank that offers financial services. Â Bank Of Baroda has 9583 branches and 10441 ATMs across India and abroad. The Bank of Baroda has recently released the Bank Of Baroda notification on its official site. So the candidates can search the important details about the recruitment such as salary, job profile, eligibility criteria, etc. Moreover, the candidates can check the detailed information of the BOB SO salary 2021 details. The total number of vacancies for this recruitment is 52 Specialist Officer posts. The aspirants can scroll down and check the BOB SO salary structure, Pay Scale, Job Profile, and Career Growth, etc.
Access Grand Bundle PDF Course
Page Contents
BOB SO Recruitment 2021: Overview
The aspirants can check the below-given table to know about the BOB Recruitment overview.
Events | Overview |
Organization Name | Bank of Baroda |
Name of the Post | Specialist IT Officers & IT Professionals |
Vacancies | 52 |
Starting Date To Apply | 08th December 2021 |
Last Date to Apply | 28th December 2021 |
Application Mode | Online |
Category | Bank jobs |
Selection Process | Online Test- Personal Interview |
Official Site | @bankofbaroda.in |
BOB SO Job Profile:
Bank of Baroda Recruitment 2021 for the post of Specialist Officers is released. BOB will conduct an online examination based on the exam pattern set by the authority (if applicable). Interested candidates can apply for BOB SO 2021 by checking the eligibility criteria. One of the things that fascinate the candidates is the salary of the post they are applying for when they get selected.
BOB SO Salary 2021:
The aspirants can verify the basic salary of a BOB SO is Rs.23,700. The total salary comes to Rs.42,990 per month after adding allowances.
For Regular Positions:
- At present, monthly CTC at the initial level of JMG/S-I, MMG/S-II, MMG/S-III includes DA, Special Allowance, HRA, CCA, and all perks.
- The benefits like quarters facility, in lieu of HRA, for Officers; Conveyance; Medical Aid; LTC; etc., admissible as per rules of the Bank, in force from time to time.
- Approximately R 1.17 lacs /-, R 1.48 lacs /- and R 1.78 lacs per month (as amended from time to time), respectively in Mumbai.
- Allowances may vary depending upon the place of posting.
For Contractual Positions:
- Remuneration will be offered based on the candidate’s qualifications, experience, overall suitability, last drawn salary of the candidate, and market benchmarks.
- For the respective posts, and shall not be a limiting factor for suitable candidates.
BOB SO Salary 2021: Pay Scale
The pay scale of any job is something that attracts the workers or potential employees towards the job. The aspirants can check the grade per pay scale.
Grade | Pay Scale |
JMG/S-I |  R 36000 x 1490 (7) – 46430 x 1740 (2) – 49910 x 1990 (7) – 63840 |
MMG/S-II |  R 48170 x 1740 (1) – 49910 x 1990 (10) – 69180 |
MMG/S-III   | R 63840 x 1990 (5) – 73790 x 2220 (2) – 78230 |
BOB SO Salary 2021 Probation Period:
- For Regular Positions: The selected candidate will be on probation for a period of 12 months (-1- year) of active service from the date of his/ her joining the Bank.
- For Contractual Positions:
The selected candidate will be on probation for a period of 06 months of active service from the date of his/ her joining the Bank.
Bank of Baroda SO Allowances:
- The SO is given accommodation/house rent allowance. This is included in the SO’s salary as HRA.
- Dearness Allowance- this is the allowance provided by the Bank of Baroda to the SO to manage the cost of living and mitigate inflation.
- Medical benefits- the SO is provided with medical benefits wherein all their medical expenses are covered. Along with the employee, their family members are also insured.
- Travel Allowance- the SO is provided with this allowance to cover their traveling expenses from home to office and vice versa. The SO is also eligible for this allowance when they are traveling for office work.
Bank Of Baroda SO 2021 Notification Link
BOB SO Perks & Additional Benefits:
The aspirants who got selected in the recruitment can get additional benefits.
- Provident fund- the SO becomes eligible for receiving the provident fund when they leave the organization or retire.
- Bonus- the SO is also eligible for receiving bonuses on the basis of their performance.
- House loan- the SO becomes eligible for a house loan at the lowest rate possible.
- Low rate of interest- the SO is eligible to take loans at low rates of interest.
- Holiday homes- the SO also gets holiday home facilities wherever they plan to travel for a holiday. They can avail of these according to the availability of the facility.
- Work- there is not much work pressure on the SO. This helps them perform to the best of their ability and maintain a work-life balance at the same time.
- The medical aid is given to the employee and his dependent family.
Bank of Baroda SO- Career growth
- Bank of Baroda offers a good-paced career growth by allowing the employee to serve different types of customers, work as full-time training faculty, equal opportunity for employees to grow, etc.
- The bank also provides employees with a promotion to grow within the public sector enterprise and contribute their work through their experience.
- Although the bank offers promotion, there is a minimum period to be served by the SO at scale-I to reach the highest post.
BOB SO Salary 2021 (FAQ):
Q: What are the additional benefits of BOB SO?
A:Â The additional benefits are
- Provident fund.
- House loan.
- Low rate of interest.
- Holiday homes.
- Medical aid.
Q: What is the Probation period For Regular Positions?
A: The Probation period For Regular Positions is 1 year.
Q: What is the official website of BOB SO?
A: The official website of BOB SO is @bankofbaroda.in.