UCO Bank SO Salary 2025 Pay Scales, Job Profile, Allowances & Benefits

UCO Bank SO Salary- One of India’s top public sector banks, UCO Bank, has begun a hiring campaign for Specialist Officers (SO) in various fields. Security officers, engineers, IT officers, statisticians, economists, and chartered accountants are among the positions up for grabs.

This page contains all of the UCO Bank Specialist Officer Salary information. Candidates interested in these positions must comprehend the job duties and compensation scale. JMGS I and MMGS II are the two grades in which the recruitment gives opportunities. These grades have separate pay rates and probationary periods—two years for JMGS I and one year for MMGS II.

UCO Bank SO Salary 2025

One of the most anticipated hiring events at UCO Bank is the Specialist Officer (SO) recruitment drive. Economists, fire safety officers, security officers, risk officers, IT officers, and chartered accountants are among the positions for which UCO Bank hires Specialist Officers via online written exams, screening, and/or interviews.

One of the main draws for prospective employees is the UCO Bank Specialist Officer Pay Scale. The 7th Pay Commission offers competitive compensation to chosen applicants, along with extra benefits like DA and HRA. See the further details below for a thorough knowledge of the UCO Bank SO Salary Structure and job positions.

UCO Bank SO Salary 2025 Overviews

Read More:-  DFCCIL Executive Salary

UCO Bank Specialist Officer Pay Structure

The pay scale for Middle Management Grade Scale II (MMGS-II) and Junior Management Grade Scale I (JMGS-I) positions has been made public by UCO Bank. The 7th Pay Commission determines the in-hand salary, guaranteeing competitive compensation for qualified applicants.

Rs 23700 980/7 30560-1145/2-32850-1310/7-42020 is the salary scale for JMGS-I. The salary range for MMGS-II positions is Rs 31705-1145/1-32850-1310/10-45950.

Each grade has a different increment. Since wage components may vary between urban and rural settings, the employee’s location is one factor that affects the entire annual package. The compensation structure for Uco Bank SO JMGS-I is displayed in the following table.

Also Check: BARC OCES Pay Scale

Benefits & Allowances

UCO Bank Specialist Officers receive a variety of benefits and allowances in addition to their base salary, which enhances the job satisfaction. An outline of the extra perks offered to staff members is as follows:

• Medical Reimbursement: Workers are given money to help with their medical bills. This benefit aids in controlling the expenses related to medical care and treatment.
• House Rent Allowance (HRA): Based on their posting location, employees receive HRA as compensation for their living expenses. The HRA rates for various cities following the 7th Pay Commission are as follows: (1) 24% for Category A, (2) 16% for Category B, and (3) 8% for other locations.
• Furniture Allowance: During their time with the bank, specialists are eligible to receive a furniture allowance to help furnish their living areas.
• A percentage-based allowance that is applied to the base pay is known as the Dearness Allowance (DA). It helps workers keep their purchasing power and deal with inflation.
• Additional Reimbursements: Depending on their experience and place of employment, qualified workers are eligible for a range of perks. Fuel, home furnishings, newspapers, books, electronic devices, and more are all covered.

Check Also:- Assam SLET Hall Ticket

UCO Bank Specialist Officer Responsibilities

At UCO Bank, a specialist officer plays a crucial role in guaranteeing seamless and effective operations. Their efforts have a profound effect on clients, seniors, and coworkers. They are more satisfied at work and are inspired to pursue better possibilities when they work hard. A closer look at their duties is provided below:

• Statistician: They use specialised methods to summarise and analyse data. They keep track of transactions and client data and distil complicated datasets into insights that may be put to use.
• IT officers create user accounts, test and assess new technologies, and assist staff members with software usage. In order to protect the bank’s IT systems, they also carry out security inspections.
• Economists investigate economic data, examine patterns, and write reports on contemporary topics. They support both customers and workers and help with forecasts.
• Security officers are in charge of the bank’s security, keep an eye on all ports of access and departure, stop theft, and handle crises. When necessary, they also work with law enforcement.
• A chartered accountant is a financial analyst that handles tax returns, monitors asset depreciation, and counsels staff members on financial planning.

Read This:- UKPSC Lower PCS Admit Card

Conclusion

UCO Bank’s Specialist Officer (SO) recruitment offers competitive salaries and benefits for various roles, including IT officers, economists, and chartered accountants. The salary for JMGS-I starts at Rs 23,700 and for MMGS-II at Rs 31,705, with increments based on the 7th Pay Commission. Benefits include HRA, medical reimbursement, furniture allowance, and other allowances. SOs play vital roles in operations, from analyzing data to ensuring security and financial planning.

UCO Bank SO Salary FAQ’S

Related Posts:- 

SCI Law Clerk Admit Card

TN MRB Pharmacist Recruitment

Bombay High Court Peon Recruitment

CGPSC SSE Prelims Result