Union Bank SO Salary 2025, Perks, Probation Period Details

The Union Bank SO Salary 2025 structure has been officially announced through the latest recruitment notification. Union Bank of India, a leading listed public sector bank with its central office in Mumbai and presence across India and overseas, offers competitive salary packages and career benefits to candidates appointed as specialist officers (SO) in roles such as assistant manager (credit) and assistant manager (IT). This article provides a detailed overview of the salary structure, allowances, in-hand salary, benefits, probation conditions, service bond, and career progression in the bank.

Union Bank SO Salary 2025

The Union Bank of India has invited applications for the post of specialist officer. A total of 500 vacancies are available. Candidates can find a brief overview of the Union Bank SO Salary 2025 in the table below.

Headings	Details
Organization	Union Bank of India
Exam Name	Union Bank of India SO 2025
Post	Specialist Officer
Vacancy	500
Scale/Grade	JMGS – I
Assistant Manager (Credit) Pay Scale	48480-2000/7-62480-2340/2-67160-2680/7-85920
Assistant Manager (IT) Pay Scale	48480-2000/7-62480-2340/2-67160-2680/7-85920
Perks	Included as per government rules
Deductions	Included as per government rules
Official Website	www.unionbankofindia.co.in

Union Bank SO Pay Scale 2025 for Assistant Manager

The selected candidates will be recruited in the JMGS-I (Junior Management Grade Scale I), which offers a structured and progressive salary scale. The pay scale by posts is as follows:

Grade	Basic Pay Scale	Posts Covered
JMGS – I	₹48,480 – 2,000 (7 years) – ₹62,480 – 2,340 (2 years) – ₹67,160 – 2,680 (7 years) – ₹85,920	Assistant Manager (Credit), Assistant Manager (IT)

Union Bank SO Salary Structure 2025

The Union Bank SO Salary Structure includes the basic pay along with several perks and allowances. Along with this, there are several deductions also. Check the estimated Union Bank SO Salary Structure in the table below.

Estimated Salary Structure for Union Bank SO JMGS-I

The figures are approximate and may vary depending on location and deductions.

Salary Component	Estimated Amount (₹)
Basic Pay	₹48,480
DA	₹19,000–₹20,000
HRA/Lease Rent	₹3,500–₹8,000
Special Allowance	₹3,500–₹4,000
Other Perks	₹1,000–₹2,000
Gross Salary	₹75,000–₹82,000 per month
Deductions	₹8,000–₹10,000
In-hand Salary	₹67,000–₹74,000 per month

Union Bank SO Allowance and Perks

Apart from salary and allowances, the bank offers various additional perks and facilities to ensure the overall well-being and career stability of its officers.

Benefit Type	Description
Residential Quarters/Lease Rent	Accommodation or rental reimbursement as per eligibility
LFC (Leave Fare Concession)	Travel expense reimbursement for self and dependents
Medical Reimbursement	Medical and hospitalization expenses covered for employees & dependents
Pension Scheme/NPS	Retirement benefits under the National Pension Scheme
Provident Fund & Gratuity	Long-term financial security post-retirement
Staff Loans	Concessional rates on home, vehicle, and personal loans

Probation Period for Union Bank SO 2025

The selected candidates for the post of specialist officer will be placed under a probation period of 2 years from the date of joining the bank. During this time, their performance and conduct will be evaluated.

Service Indemnity Bond for Union Bank SO

Candidates appointed as specialist officers will be required to execute a service indemnity bond. This mandates that they must:

• Serve the bank for a minimum of 3 years.
• In case of resignation before completing 3 years, the candidate must pay ₹250,000 + applicable taxes to the bank.

This condition ensures that the bank retains trained personnel and discourages early exits.

Career Path in Union Bank of India for SOs

Specialist officers recruited in the 2025 cycle will join specific departments as per their specialization. Their career growth will follow the bank’s extant promotion policy. After gaining the required experience and fulfilling eligibility norms, they will be allowed to appear for internal promotions. The typical promotion hierarchy in public sector banks is as follows:

• JMGS-I → MMGS-II → MMGS-III → SMGS-IV → SMGS-V and above

Promotions are based on a combination of experience, performance, and departmental exams.

Union Bank SO Salary FAQs

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• 
  Union Bank SO Salary 2025, Perks, Probation Period Details
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  Union Bank SO Apply Online 2025, Form Link, Steps, and Fees
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  Union Bank SO Notification 2025 Out; Apply for 500 AM Posts
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  Union Bank SO Syllabus and Exam Pattern 2025, Download PDF
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  Union Bank SO Eligibility Criteria 2025: Age, Qualification, Etc.
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  Union Bank LBO Result 2025 Out, Download Link

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