UCO Bank Local Bank Officer Salary- UCO Bank is a significant public sector bank in India’s banking sector. The job of Local Bank Officer (LBO) at UCO Bank provides a stable and satisfying career with competitive pay, benefits, and advancement prospects. If you are prepared for the UCO Bank LBO exam in 2025, you must first grasp the wage structure.
The UCO Bank LBO Salary 2025 has been made available on the company’s official website, together with the different benefits and allowances. The wage structure for UCO Bank LBOs is intended to be competitive, reflecting the responsibilities and expectations of the post. The basic salary serves as the foundation, with additional allowances enhancing the total compensation package.
UCO Bank Local Bank Officer Salary 2025
The United Commercial Bank Limited has issued a nationwide recruitment notice for the position of local bank officer. These positions are classified as Junior Management Grade Scale-I, with a salary scale of Rs 48480-2000/7-62480-2340/2-67160-2680/7-85920. This page provides detailed information on the Uco Bank LBO Salary.
The UCO Local Bank Officer Pay Scale starts at Rs 48480 monthly. Allowances such as DA, HRA, city compensation, medical facilities, and other amenities are available as supplementary benefits. Changes to these advantages may arise in response to updates in banking regulations or industry agreements.
UCO Bank Local Bank Officer Salary 2025 Overviews
| Recruiter | United Commercial Bank Limited |
| Post Name | Local Bank Officer (JMGS-I) |
| Basic Salary | Rs 48480 |
| Monthly Pay | Rs 80000 (Approx) |
| Allowances | Admissible as per rules |
| Category | Education News |
| Official website | www.ucobank.com |
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UCO Bank LBO In-Hand Salary 2025
In addition to the standard deductions, the various benefits and allowances provided to candidates will have an impact on their in-hand pay. A UCO Bank LBO’s in-hand salary may range from Rs. 55,000 to Rs. 60,000 per month. The actual amount varies depending on the specifications provided by the banks and your posting location.
UCO Bank LBO Salary Slip 2025
It is the official document that outlines all of the components and perks offered to UCO Bank LBO-selected candidates. Basic salary, gross pay, benefits and allowances, standard deductions such as PF, and so on are all covered. The UCO Bank LBO wage slip can be utilised by candidates who require proof for a variety of purposes, including loan applications, income tax returns, and employment verification.
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Salary Structure
The UCO Bank LBO Salary 2025 includes several allowances and deductions. The UCO Bank LBO basic salary is Rs. 48480, which includes Dearness Allowances, HRA, and other benefits. Candidates can view the UCO Bank LBO 2025 detailed wage structure in the table below.
| Particular | Details |
| Basic Salary | Rs. 48480 |
| Dearness Allowances | Rs. 6500-7500 |
| HRA | Rs. 3000-5000 |
| Other Allowances | Rs. 2500-3000 |
| Gross Pay | Rs. 62000-67000 |
| Deductions | Rs. 6000-8000 |
| Net Pay | Rs. 56000-61000 |
UCO Bank LBO Pay Scale
The basic compensation for UCO Bank LBOs normally ranges from 48480-2000/7-62480-2340/2-67160-2680/7-85920, depending on experience and region.
| Scale | Basic Pay Scale |
| Junior Management Grade Scale-I | 48480- 2000/7- 62480- 2340/2- 67160- 2680/7- 85920 |
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UCO Bank LBO Probation Period and Service Bond
The selected candidates will be on probation for two (two) years of active service from the date of hire. Confirmation will be issued if the performance and conduct throughout the probationary period are satisfactory.
If any candidate fails to meet the minimal requirement, his or her services may be terminated in accordance with the Bank’s policy in effect at the time. The selected candidate must sign a bond to serve the bank for two years or pay Rs. 2.00 Lacs if the officer leaves the bank before the two-year period is completed.
UCO Bank LBO Allowances & Benefits
UCO Bank assures that its Local Bank Officers enjoy a variety of incentives aimed to improve their financial stability and general well-being. Dearness Allowance (DA) is frequently modified to keep up with inflation, offering consistent help for rising prices.
Housing-related benefits, such as House Rent Allowance (HRA) or lease accommodation, are offered in accordance with bank policy. A City Compensatory Allowance (CCA) is provided based on the posting location to cover higher urban expenses.
Medical benefits include comprehensive insurance coverage for employees and their families. Additional allowances and benefits are offered in accordance with current industry standards, providing comprehensive support.
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UCO Local Bank Officer Job Profile
The post of a Local Bank Officer (LBO) at UCO Bank is widely respected in the banking industry and offers several benefits to workers.
During probation, officers are trained in a variety of areas, including finance, billing, accounting, revenue management, and investments. In addition to primary functions, LBOs are responsible for resolving customer enquiries, supervising branch operations, and managing public relations by responding to complaints and concerns.
Daily responsibilities include processing customer transactions, performing loan-related tasks, and helping the branch grow by recruiting new business prospects.
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Conclusion
In conclusion, the UCO Bank Local Bank Officer (LBO) position offers a competitive salary starting at Rs 48,480 with additional allowances, bringing the in-hand salary to around Rs 55,000 to Rs 60,000 per month. The role also provides comprehensive benefits, including medical insurance and housing allowances. Candidates are required to serve a two-year probation period, with a service bond in place. This role provides a stable and rewarding career in India’s public banking sector.
UCO Bank Local Bank Officer Salary FAQ’S
What is The Basic Salary of a UCO Bank LBO?
The basic salary for a UCO Bank LBO is Rs. 48,480.
What is The In-Hand Salary of a UCO Bank LBO?
The in-hand salary ranges from Rs. 55,000 to Rs. 60,000 per month.
What are The key allowances for UCO Bank LBOs?
UCO Bank LBOs receive allowances like Dearness Allowance (DA), House Rent Allowance (HRA), and City Compensatory Allowance (CCA).
What is the probation period for a UCO Bank LBO?
The probation period for a UCO Bank LBO is two years.
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