{"id":163962,"date":"2025-08-05T15:08:11","date_gmt":"2025-08-05T09:38:11","guid":{"rendered":"https:\/\/www.oliveboard.in\/blog\/?p=163962"},"modified":"2025-08-05T15:08:12","modified_gmt":"2025-08-05T09:38:12","slug":"union-bank-of-india-so-salary-2025","status":"publish","type":"post","link":"https:\/\/www.oliveboard.in\/blog\/union-bank-of-india-so-salary-2025\/","title":{"rendered":"Union Bank Wealth Manager Salary 2025, In-Hand Pay Scale, Perks"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_77 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of content<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.oliveboard.in\/blog\/union-bank-of-india-so-salary-2025\/#Union_Bank_Wealth_Manager_Salary_2025\" >Union Bank Wealth Manager Salary 2025<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.oliveboard.in\/blog\/union-bank-of-india-so-salary-2025\/#Union_Bank_SO_Pay_Scale_2025_for_Wealth_Manager\" >Union Bank SO Pay Scale 2025 for Wealth Manager<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.oliveboard.in\/blog\/union-bank-of-india-so-salary-2025\/#Union_Bank_Wealth_Manager_Salary_Structure_2025\" >Union Bank Wealth Manager Salary Structure 2025<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.oliveboard.in\/blog\/union-bank-of-india-so-salary-2025\/#Union_Bank_Wealth_Manager_Allowances_and_Perks\" >Union Bank Wealth Manager Allowances and Perks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.oliveboard.in\/blog\/union-bank-of-india-so-salary-2025\/#Probation_Period_for_Union_Bank_Wealth_Manager\" >Probation Period for Union Bank Wealth Manager<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.oliveboard.in\/blog\/union-bank-of-india-so-salary-2025\/#Service_Indemnity_Bond_for_Union_Bank_SO\" >Service Indemnity Bond for Union Bank SO<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.oliveboard.in\/blog\/union-bank-of-india-so-salary-2025\/#Career_Path_in_Union_Bank_of_India_for_SOs\" >Career Path in Union Bank of India for SOs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.oliveboard.in\/blog\/union-bank-of-india-so-salary-2025\/#Union_Bank_SO_Salary_Queries\" >Union Bank SO Salary Queries<\/a><\/li><\/ul><\/nav><\/div>\n\n<p>Union Bank of India offers an attractive salary structure for Wealth Manager (Specialist Officer) posts under MMGS-II, with a starting basic pay of \u20b964,820 and a gross monthly salary that can go significantly higher with allowances. The package includes various benefits, steady career progression, and financial security, making this role a lucrative opportunity in public sector banking.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Union_Bank_Wealth_Manager_Salary_2025\"><\/span>Union Bank Wealth Manager Salary 2025<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The Union Bank of India has invited applications for the post of Specialist Officer. A total of <strong>250 vacancies<\/strong> are available for the wealth manager position. Candidates can check an overview of the Union Bank Wealth Manager salary details in the table below.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong><strong>Headings<\/strong><\/strong><\/td><td><strong>Details<\/strong><\/td><\/tr><tr><td>Organization<\/td><td>Union Bank of India<\/td><\/tr><tr><td>Exam Name<\/td><td><a href=\"https:\/\/www.oliveboard.in\/blog\/union-bank-of-india-so-recruitment-2025\/\" target=\"_blank\" rel=\"noreferrer noopener\">Union Bank of India SO Wealth Manager 2025<\/a><\/td><\/tr><tr><td>Post<\/td><td>Specialist Officer \u2013 Wealth Manager<\/td><\/tr><tr><td>Vacancy<\/td><td>250<\/td><\/tr><tr><td>Scale\/Grade<\/td><td>MMGS-II<\/td><\/tr><tr><td>Wealth Manager Pay Scale<\/td><td>\u20b964,820\u20132,340 (1 year)\u2013\u20b967,160\u20132,680 (10 years)\u2013\u20b993,960<\/td><\/tr><tr><td>Perks<\/td><td>Included as per government rules<\/td><\/tr><tr><td>Deductions<\/td><td>Included as per government rules<\/td><\/tr><tr><td>Official Website<\/td><td>www.unionbankofindia.co.in<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Union_Bank_SO_Pay_Scale_2025_for_Wealth_Manager\"><\/span>Union Bank SO Pay Scale 2025 for Wealth Manager<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The selected candidates will be recruited in the MMGS-II (Middle Management Grade Scale II), which offers a higher pay scale and faster career growth. The salary progression is structured as below:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong><strong>Grade<\/strong><\/strong><\/td><td><strong><strong>Basic Pay Scale<\/strong><\/strong><\/td><td><strong><strong>Posts Covered<\/strong><\/strong><\/td><\/tr><tr><td>MMGS-II<\/td><td>\u20b964,820 \u2013 2,340 (1 year) \u2013 \u20b967,160 \u2013 2,680 (10 years) \u2013 \u20b993,960<\/td><td>Wealth Manager<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Union_Bank_Wealth_Manager_Salary_Structure_2025\"><\/span>Union Bank Wealth Manager Salary Structure 2025<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The wealth manager salary includes basic pay, dearness allowance, house rent allowance, and other benefits. The figures below are approximate estimates and can vary based on posting location and deductions:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong><strong>Salary Component<\/strong><\/strong><\/td><td><strong><strong>Estimated Amount (\u20b9)<\/strong><\/strong><\/td><\/tr><tr><td>Basic Pay<\/td><td>\u20b964,820<\/td><\/tr><tr><td>Dearness Allowance (DA)<\/td><td>\u20b925,000\u2013\u20b928,000<\/td><\/tr><tr><td>HRA\/Lease Rent<\/td><td>\u20b95,000\u2013\u20b910,000<\/td><\/tr><tr><td>Special Allowance<\/td><td>\u20b95,000\u2013\u20b96,000<\/td><\/tr><tr><td>Other Perks<\/td><td>\u20b92,000\u2013\u20b93,000<\/td><\/tr><tr><td><strong>Gross Salary<\/strong><\/td><td>\u20b9100,000\u2013\u20b9110,000 per month<\/td><\/tr><tr><td><strong>Deductions<\/strong><\/td><td>\u20b910,000\u2013\u20b912,000<\/td><\/tr><tr><td><strong>In-hand Salary<\/strong><\/td><td>\u20b988,000\u2013\u20b9100,000 per month<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Union_Bank_Wealth_Manager_Allowances_and_Perks\"><\/span>Union Bank Wealth Manager Allowances and Perks<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Along with the salary, wealth managers receive various allowances and benefits as per bank policies:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong><strong>Benefit Type<\/strong><\/strong><\/td><td><strong><strong>Description<\/strong><\/strong><\/td><\/tr><tr><td>Residential Quarters\/Lease Rent<\/td><td>Accommodation or reimbursement as per eligibility<\/td><\/tr><tr><td>LFC (Leave Fare Concession)<\/td><td>Travel expense reimbursement for self and dependents<\/td><\/tr><tr><td>Medical Reimbursement<\/td><td>Coverage of medical and hospitalization expenses for employees and family<\/td><\/tr><tr><td>Pension Scheme\/NPS<\/td><td>Retirement benefits under the National Pension Scheme<\/td><\/tr><tr><td>Provident Fund &amp; Gratuity<\/td><td>Long-term financial security post-retirement<\/td><\/tr><tr><td>Staff Loans<\/td><td>Concessional rates for housing, vehicle, and personal loans<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Probation_Period_for_Union_Bank_Wealth_Manager\"><\/span>Probation Period for Union Bank Wealth Manager<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The selected candidates for the wealth manager post will be placed under a probation period of 2 years of active service starting from their date of joining. During this period, their performance, conduct, and suitability for the job will be assessed.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Service_Indemnity_Bond_for_Union_Bank_SO\"><\/span>Service Indemnity Bond for Union Bank SO<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Candidates appointed as wealth managers must execute a <strong>service indemnity bond<\/strong> committing to:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Serve the bank for a minimum period of 3 years.<\/li><li>If they leave the bank before completing 3 years, they must pay \u20b92,50,000 plus applicable taxes as per government rules.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Career_Path_in_Union_Bank_of_India_for_SOs\"><\/span>Career Path in Union Bank of India for SOs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Specialist officers recruited in this cycle will be posted in departments related to their specialization. Their career growth will follow the bank\u2019s promotion policy. With experience and meeting eligibility criteria, they can apply for internal promotions.<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>MMGS-II \u2192 MMGS-III \u2192 SMGS-IV \u2192 SMGS-V and above<\/li><\/ul>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button aligncenter\"><a class=\"wp-block-button__link\" href=\"https:\/\/www.oliveboard.in\/blog\/union-bank-of-india-so-syllabus\/\" target=\"_blank\" rel=\"noreferrer noopener\">union bank SO Wealth manager syllabus and exam pattern<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Union_Bank_SO_Salary_Queries\"><\/span>Union Bank SO Salary Queries<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"schema-faq wp-block-yoast-faq-block\"><div class=\"schema-faq-section\" id=\"faq-question-1754385610631\"><strong class=\"schema-faq-question\"><strong>Q1. What is the starting salary of a Wealth Manager in Union Bank of India?<\/strong><\/strong> <p class=\"schema-faq-answer\"><strong>Ans.<\/strong> The starting basic pay for a Union Bank SO Wealth Manager is \u20b948,170 per month under the MMGS-II pay scale. With allowances, the in-hand salary can go up to \u20b985,000 per month.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1754385623998\"><strong class=\"schema-faq-question\"><strong>Q2. What is the pay scale for Union Bank SO Wealth Manager 2025?<\/strong><\/strong> <p class=\"schema-faq-answer\"><strong>Ans.<\/strong> The official pay scale for the Union Bank SO Wealth Manager post is \u20b948,170 \u2013 \u20b91,740(1) \u2013 \u20b949,910 \u2013 \u20b91,990(10) \u2013 \u20b969,810, under Middle Management Grade Scale-II (MMGS-II).<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1754385643182\"><strong class=\"schema-faq-question\"><strong>Q3. What are the additional benefits offered with Union Bank SO Wealth Manager Salary?<\/strong><\/strong> <p class=\"schema-faq-answer\"><strong>Ans.<\/strong> Along with the salary, wealth managers receive Dearness Allowance (DA), House Rent Allowance (HRA), medical benefits, travel reimbursement, and pension benefits.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1754385658591\"><strong class=\"schema-faq-question\"><strong>Q4. Is the Union Bank Wealth Manager salary revised regularly?<\/strong><\/strong> <p class=\"schema-faq-answer\"><strong>Ans.<\/strong> Yes, the salary is revised periodically as per industry standards and bank settlements, including hikes in basic pay, allowances, and promotions.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1754385675462\"><strong class=\"schema-faq-question\"><strong>Q5. What is the career growth path after becoming a Union Bank SO Wealth Manager?<\/strong><\/strong> <p class=\"schema-faq-answer\"><strong>Ans.<\/strong> After joining as a Wealth Manager, candidates can be promoted to higher positions like Senior Manager (MMGS-III), Chief Manager (SMGS-IV), and beyond based on performance and experience.<\/p> <\/div> <\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n<ul class=\"wp-block-latest-posts__list is-grid columns-3 wp-block-latest-posts\"><li><div class=\"wp-block-latest-posts__featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"128\" height=\"84\" src=\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2025\/09\/Union-Bank-SO-Result.webp\" class=\"attachment-thumbnail size-thumbnail wp-post-image\" alt=\"Union Bank SO Result\" style=\"\" srcset=\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2025\/09\/Union-Bank-SO-Result.webp 730w, https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2025\/09\/Union-Bank-SO-Result-150x99.webp 150w\" sizes=\"auto, (max-width: 128px) 100vw, 128px\" \/><\/div><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/union-bank-so-result-out-credit-and-it-officer-final-result\/\">Union Bank SO Result 2025 Out, Credit and IT Officer Final Result<\/a><\/li>\n<li><div class=\"wp-block-latest-posts__featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"128\" height=\"84\" src=\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2025\/06\/union-bank-so-wealth-manager-notification.png\" class=\"attachment-thumbnail size-thumbnail wp-post-image\" alt=\"union-bank-so-wealth-manager-notification\" style=\"\" \/><\/div><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/union-bank-of-india-so-recruitment-2025\/\">Union Bank SO Wealth Manager Recruitment 2025 Out, 250 Posts<\/a><\/li>\n<li><div class=\"wp-block-latest-posts__featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"128\" height=\"84\" src=\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2025\/06\/union-bank-so-salary.png\" class=\"attachment-thumbnail size-thumbnail wp-post-image\" alt=\"union-bank-so-salary\" style=\"\" \/><\/div><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/union-bank-of-india-so-salary-2025\/\">Union Bank Wealth Manager Salary 2025, In-Hand Pay Scale, Perks<\/a><\/li>\n<li><div class=\"wp-block-latest-posts__featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"128\" height=\"84\" src=\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2025\/06\/union-bank-so-syllabus.png\" class=\"attachment-thumbnail size-thumbnail wp-post-image\" alt=\"union-bank-so-syllabus\" style=\"\" \/><\/div><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/union-bank-of-india-so-syllabus\/\">Union Bank SO Syllabus 2025, Wealth Manager Exam Pattern<\/a><\/li>\n<li><div class=\"wp-block-latest-posts__featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"128\" height=\"84\" src=\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2025\/08\/union-bank-so-result.png\" class=\"attachment-thumbnail size-thumbnail wp-post-image\" alt=\"union-bank-so-result\" style=\"\" \/><\/div><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/union-bank-so-assistant-manager-result-2025-out-credit-officer-and-it\/\">Union Bank SO Assistant Manager Result 2025 Out, Credit Officer and IT<\/a><\/li>\n<li><div class=\"wp-block-latest-posts__featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"128\" height=\"67\" src=\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2025\/06\/union-bank-assistant-manager-admit-card-1.png\" class=\"attachment-thumbnail size-thumbnail wp-post-image\" alt=\"union-bank-assistant-manager-admit-card\" style=\"\" \/><\/div><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/union-bank-assistant-manager-admit-card-2025\/\">Union Bank Assistant Manager Admit Card 2025 Out, Download Link<\/a><\/li>\n<\/ul>\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n","protected":false},"excerpt":{"rendered":"<p>Union Bank of India offers an attractive salary structure for Wealth Manager (Specialist Officer) posts under MMGS-II, with a starting<\/p>\n","protected":false},"author":60,"featured_media":223637,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31,11559,14060],"tags":[17559,17787,17558],"class_list":["post-163962","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bank-exams","category-salary","category-union-bank","tag-union-bank-so-salary-2025-2","tag-union-bank-so-wealth-manager-salary","tag-union-bank-so-salary-2025","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-50"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Union Bank Wealth Manager Salary 2025, In-Hand Pay Scale, Perks<\/title>\n<meta name=\"description\" content=\"The Union Bank SO Wealth Manager salary is \u20b948,170\u2013\u20b969,810. Includes perks like DA, HRA, medical benefits, LTC &amp; performance incentives.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.oliveboard.in\/blog\/union-bank-of-india-so-salary-2025\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Union Bank Wealth Manager Salary 2025, In-Hand Pay Scale, Perks\" \/>\n<meta property=\"og:description\" content=\"Union Bank of India offers an attractive salary structure for Wealth Manager (Specialist Officer) posts under MMGS-II, with a starting basic pay of\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.oliveboard.in\/blog\/union-bank-of-india-so-salary-2025\/\" \/>\n<meta property=\"og:site_name\" content=\"Oliveboard\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Oliveboard\" \/>\n<meta property=\"article:published_time\" content=\"2025-08-05T09:38:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-08-05T09:38:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2025\/06\/union-bank-so-salary.png\" \/>\n\t<meta property=\"og:image:width\" content=\"730\" \/>\n\t<meta property=\"og:image:height\" content=\"480\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Tripti Mishra\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Oliveboard\" \/>\n<meta name=\"twitter:site\" content=\"@Oliveboard\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tripti Mishra\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/union-bank-of-india-so-salary-2025\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/union-bank-of-india-so-salary-2025\/\"},\"author\":{\"name\":\"Tripti Mishra\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#\/schema\/person\/d85e63b0781e1a55771b9894184814a5\"},\"headline\":\"Union Bank Wealth Manager Salary 2025, In-Hand Pay Scale, Perks\",\"datePublished\":\"2025-08-05T09:38:11+00:00\",\"dateModified\":\"2025-08-05T09:38:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/union-bank-of-india-so-salary-2025\/\"},\"wordCount\":707,\"publisher\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/union-bank-of-india-so-salary-2025\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2025\/06\/union-bank-so-salary.png\",\"keywords\":[\"Union Bank SO Salary 2025\",\"Union Bank SO Wealth Manager Salary\",\"union-bank-so-salary-2025\"],\"articleSection\":[\"Bank Exams\",\"Salary\",\"Union Bank\"],\"inLanguage\":\"en-US\"},{\"@type\":[\"WebPage\",\"FAQPage\"],\"@id\":\"https:\/\/www.oliveboard.in\/blog\/union-bank-of-india-so-salary-2025\/\",\"url\":\"https:\/\/www.oliveboard.in\/blog\/union-bank-of-india-so-salary-2025\/\",\"name\":\"Union Bank Wealth Manager Salary 2025, In-Hand Pay Scale, Perks\",\"isPartOf\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/union-bank-of-india-so-salary-2025\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/union-bank-of-india-so-salary-2025\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2025\/06\/union-bank-so-salary.png\",\"datePublished\":\"2025-08-05T09:38:11+00:00\",\"dateModified\":\"2025-08-05T09:38:12+00:00\",\"description\":\"The Union Bank SO Wealth Manager salary is \u20b948,170\u2013\u20b969,810. 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What is the starting salary of a Wealth Manager in Union Bank of India?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<strong>Ans.<\/strong> The starting basic pay for a Union Bank SO Wealth Manager is \u20b948,170 per month under the MMGS-II pay scale. With allowances, the in-hand salary can go up to \u20b985,000 per month.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/union-bank-of-india-so-salary-2025\/#faq-question-1754385623998\",\"position\":2,\"url\":\"https:\/\/www.oliveboard.in\/blog\/union-bank-of-india-so-salary-2025\/#faq-question-1754385623998\",\"name\":\"Q2. 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What are the additional benefits offered with Union Bank SO Wealth Manager Salary?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<strong>Ans.<\/strong> Along with the salary, wealth managers receive Dearness Allowance (DA), House Rent Allowance (HRA), medical benefits, travel reimbursement, and pension benefits.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/union-bank-of-india-so-salary-2025\/#faq-question-1754385658591\",\"position\":4,\"url\":\"https:\/\/www.oliveboard.in\/blog\/union-bank-of-india-so-salary-2025\/#faq-question-1754385658591\",\"name\":\"Q4. 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What is the starting salary of a Wealth Manager in Union Bank of India?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"<strong>Ans.<\/strong> The starting basic pay for a Union Bank SO Wealth Manager is \u20b948,170 per month under the MMGS-II pay scale. With allowances, the in-hand salary can go up to \u20b985,000 per month.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/www.oliveboard.in\/blog\/union-bank-of-india-so-salary-2025\/#faq-question-1754385623998","position":2,"url":"https:\/\/www.oliveboard.in\/blog\/union-bank-of-india-so-salary-2025\/#faq-question-1754385623998","name":"Q2. What is the pay scale for Union Bank SO Wealth Manager 2025?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"<strong>Ans.<\/strong> The official pay scale for the Union Bank SO Wealth Manager post is \u20b948,170 \u2013 \u20b91,740(1) \u2013 \u20b949,910 \u2013 \u20b91,990(10) \u2013 \u20b969,810, under Middle Management Grade Scale-II (MMGS-II).","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/www.oliveboard.in\/blog\/union-bank-of-india-so-salary-2025\/#faq-question-1754385643182","position":3,"url":"https:\/\/www.oliveboard.in\/blog\/union-bank-of-india-so-salary-2025\/#faq-question-1754385643182","name":"Q3. What are the additional benefits offered with Union Bank SO Wealth Manager Salary?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"<strong>Ans.<\/strong> Along with the salary, wealth managers receive Dearness Allowance (DA), House Rent Allowance (HRA), medical benefits, travel reimbursement, and pension benefits.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/www.oliveboard.in\/blog\/union-bank-of-india-so-salary-2025\/#faq-question-1754385658591","position":4,"url":"https:\/\/www.oliveboard.in\/blog\/union-bank-of-india-so-salary-2025\/#faq-question-1754385658591","name":"Q4. Is the Union Bank Wealth Manager salary revised regularly?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"<strong>Ans.<\/strong> Yes, the salary is revised periodically as per industry standards and bank settlements, including hikes in basic pay, allowances, and promotions.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/www.oliveboard.in\/blog\/union-bank-of-india-so-salary-2025\/#faq-question-1754385675462","position":5,"url":"https:\/\/www.oliveboard.in\/blog\/union-bank-of-india-so-salary-2025\/#faq-question-1754385675462","name":"Q5. What is the career growth path after becoming a Union Bank SO Wealth Manager?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"<strong>Ans.<\/strong> After joining as a Wealth Manager, candidates can be promoted to higher positions like Senior Manager (MMGS-III), Chief Manager (SMGS-IV), and beyond based on performance and experience.","inLanguage":"en-US"},"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/posts\/163962","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/users\/60"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/comments?post=163962"}],"version-history":[{"count":7,"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/posts\/163962\/revisions"}],"predecessor-version":[{"id":223638,"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/posts\/163962\/revisions\/223638"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/media\/223637"}],"wp:attachment":[{"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/media?parent=163962"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/categories?post=163962"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/tags?post=163962"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}