Central Bank Credit Officer Salary 2025 & Job Profile: Check In-Hand Pay, Structure, Perks and Benefits

Central Bank Credit Officer Salary: The Central Bank of India aims to fill various vacancies for Credit Officers in the Junior Management Grade Scale-I, presenting a promising opportunity for candidates aspiring to build a successful career in the banking industry. Selected candidates must complete a one-year Post-Graduate Diploma in Banking & Finance (PGDBF) Course to get appointed as a Credit Officer in Mainstream (General Banking). Upon the appointment, the starting basic pay of the CBI Credit Officer will be Rs 48480 and can reach up to Rs 85920, depending on the year of service. During the PGDBF course, selected candidates will receive a stipend of Rs 2,500 per month for the 9-month classroom training period, and Rs 10,000 per month during the 3-month on-the-job training phase. Further details about the CBI Credit Officer salary, basic pay, monthly remuneration, training period, career growth, etc, are shared on this page.

Central Bank Credit Officer Salary Structure

The candidates shall be absorbed in Junior Management Grade Scale-I (JMGS-I) upon passing the PGDBF training program. The salary structure of the CBI Credit Officer is quite competitive and rewarding. The pay scale is structured as Rs 48480-2000/7-62480-2340/2-67160-2680/7-85920, indicating increments over the years of service. Here is the breakdown of the CBI Credit Officer salary structure tabulated below:

CBI Credit Officer Salary In Hand

The monthly salary for a Credit Officer in Mainstream (General Banking) in CBI follows a structured pay scale based on the bank’s norms. The initial basic pay will be Rs 48,480. It increases by Rs 2,000 annually for the first 7 years, reaching Rs 62,480. For the next 2 years, the annual increment will be Rs 2,340, bringing the pay to Rs 67,160. Finally, over the next 7 years, a yearly increment of Rs 2,680 will raise the basic pay to a maximum of Rs 85,920.

Also, read:

• CBI Credit Officer Syllabus
• Central Bank Credit Officer Expected Cut Off

What is Central Bank Credit Officer Salary During Training Period?

The course period of the Post-Graduate Diploma in Banking & Finance (PGDBF) will be one year, and it is further divided into a 9-month on-campus program and 3 months of On-Job-Training at branches/Offices of CBI. After successfully completing the course, the candidate will be awarded the Post-Graduate Diploma in Banking & Finance and will be appointed as a Credit Officer in Junior Management Grade Scale I in the Central Bank. The stipend during the course will be as follows:

Central Bank Credit Officer Salary: Probation Period

Candidates recruited as CBI Credit Officer in Junior Management Grade Scale I will undergo probation for a certain period after joining the post. The probation period will be of two years. During this period, the conduct and work performance of selected candidates will be monitored by the bank.

CBI Credit Officer Job Profile

There are various roles and responsibilities allocated to the newly appointed Credit Officer in Mainstream (General Banking). Check the detailed CBI Credit Officer job profile shared below:
Perform creditworthiness assessments through the analysis of loan applications.

• Adhering to the banking policies and implementing strategies for risk management.
• Handle loan processing and financial analysis.
• Maintain strong relationships with clients across the corporate and retail sectors.
• Perform all the tasks allocated by higher officials.

CBI Credit Officer Career Growth and Promotion

There are various career growth opportunities for candidates appointed as Credit Officers in the Central Bank. They will get the chance to participate in promotions based on their year of service, work performance, and qualifications. The career progression for the CBI Credit Officer post includes promotions to Senior Credit Officer, Chief Manager, and Assistant General Manager.