Bank of Maharashtra Generalist Salary 2025, Allowances, Perks

The Bank of Maharashtra has announced vacancies for the Generalist Officer Scale II post under its 2025 recruitment drive. Along with job security, this position offers one of the highest salaries among public sector banks for Scale II officers. Candidates will receive a lucrative package, multiple allowances, and additional benefits. The post also ensures excellent promotion opportunities and nationwide postings. Here, we provide detailed information on the Bank of Maharashtra Generalist Officer Salary 2025.

Bank of Maharashtra Generalist Salary 2025

The Bank of Maharashtra Generalist Officer Salary 2025 is among the highest in the public banking sector for Scale II positions, with a basic pay of ₹48,170 and a monthly gross salary of approximately ₹80,000. Candidates selected for the Generalist Officer Scale II post receive a competitive package, allowances like DA, HRA, CCA, and medical benefits, along with strong career growth prospects. The role offers a short probation period, structured promotions, and postings across India, making it a financially rewarding and professionally fulfilling career choice.

Bank of Maharashtra Generalist Officer Pay Scale 2025

The starting basic pay for a Generalist Officer Scale II is ₹64,820, with increments as per the following pay scale: ₹64,820 – 2,340/1 – 67,160 – 2,680/10 – 93,960. This ensures regular increments and steady salary growth over time.

Bank of Maharashtra Generalist Officer In-hand Salary

While the basic pay starts at ₹64,820, the in-hand salary includes additional allowances such as Dearness Allowance, House Rent Allowance, and other perks. On average, the Bank of Maharashtra Generalist Officer in-hand salary is expected to be around ₹90,000 per month depending on posting location and deductions like NPS, taxes, and professional contributions.

Bank of Maharashtra Generalist Officer Salary Slip 2025

The monthly salary slip for a Generalist Officer contains details of the basic pay, DA, HRA, CCA, medical allowance, and other perks, along with statutory deductions.

ComponentAmount (₹)
Basic Pay64,820
Dearness Allowance (DA)17,500
House Rent Allowance (HRA)6,482
City Compensatory Allowance2,000
Medical & Other Perks1,500
Gross Pay92,302
NPS Deduction7,200
Professional Tax & Others1,000
Net Pay (In-hand)84,000

Bank of Maharashtra Generalist Officer Allowances & Benefits

Officers are entitled to several allowances as per bank rules:

  • Dearness Allowance (DA)
  • House Rent Allowance (HRA) / Lease Rental
  • City Compensatory Allowance (CCA)
  • Medical Benefits
  • Other perquisites applicable to Scale II officers

Bank of Maharashtra Generalist Officer Probation Period & Service Bond

Candidates are required to sign a service bond before joining, which will be invoked if they resign before the completion of the bond period.

  • Probation Period: 6 months
  • Bond Amount: ₹2 lakh
  • Minimum Service Period: 2 years

Bank of Maharashtra Generalist Officer Career Path & Promotion Opportunities

During probation, officers undergo performance-based assessments.

  • Those meeting required standards are confirmed in service.
  • The bank’s promotion policy enables capable officers to rise to top management grades quickly.
  • Opportunities exist for postings in various departments and locations across India.

FAQs

Q1. What is the in-hand salary of a Bank of Maharashtra Generalist Officer Scale II in 2025?

Ans: The in-hand salary of a Bank of Maharashtra Generalist Officer Scale II in 2025 is approximately ₹80,000 per month, including allowances like DA, HRA, CCA, and medical benefits.

Q2. What is the pay scale for Bank of Maharashtra Generalist Officer 2025?

Ans: The pay scale for Bank of Maharashtra Generalist Officer 2025 is ₹48,170 – 1,740/1 – 49,910 – 1,990/10 – 69,810, along with annual increments and allowances as per bank norms.

Q3. Does the Bank of Maharashtra offer promotions for Generalist Officers?

Ans: Yes, the Bank of Maharashtra offers structured career growth for Generalist Officers, with promotions to higher scales such as Scale III, Scale IV, and above, based on performance and experience.



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