UCO Bank LBO Salary 2025: The UCO Bank has released the pay scale for local bank officer (LBO) along with the notification. The selected candidates for LBOs in UCO Bank will be placed in the pay scale of JMGS-I (Junior Management Grade Scale - I) and the in-hand salary will vary from 55000 to 60000.
The selected candidates will also be eligible to get various perks and allowances such as D.A., H.R.A./lease accommodation, C.C.A., medical benefits, etc. Continue reading the article to learn about the UCO Bank LBO in-hand salary 2025, job profile, etc.
UCO Bank Salary 2025
The salary of selected candidates of UCO Bank LBO will start with the pay of junior management grade scale I. Selected candidates will be entitled to a variety of benefits and allowances in addition to the base pay, including D.A., H.R.A./lease lodging, C.C.A., medical benefits, and other benefits and privileges that are permissible in accordance with the bank's current policies. The grade pay for UCO Bank LBOs varies; however, it often falls between Rs 48,480 and Rs 85,920.
Also Check,
| UCO Bank LBO Eligibility Criteria 2025 |
| UCO Bank LBO Apply Online 2025 |
| UCO Bank LBO Syllabus 2025 |
UCO Bank LBO Salary Structure 2025
The salary structure of LBOs will vary according to the perks given to candidates. The salary structure contains various benefits such as dearness allowance, house rent allowance (varies as per posting of candidate), and other allowances such as PF. Check the table below for UCO Bank LBO Salary structure 2025
| UCO Bank LBO Salary Structure Breakdown | |
| Component | Amount |
| Basic Pay | 48,480 |
| Dearness Allowance (DA) | Rs 5500 - Rs 5800 |
| House Rent Allowance (HRA) | Rs 3500 - Rs 4000 |
| Other Allowances | 2,500 - 3,000 |
| Gross Salary | 60,000 - 65,000 |
| Deductions (PF, Tax, etc.) | 5,000 - 8,000 |
| In-Hand Salary | 55,000 - 60,000 |
UCO Bank LBO In-Hand Salary 2025
In addition to the regular deductions, the numerous benefits and allowances offered to candidates will also affect the selected candidates' in-hand pay. A UCO Bank LBO may receive an in-hand salary ranging from Rs. 55,000 to Rs. 60,000 per month. The exact amount varies based on the particular parameters offered by the banks and your posting location.
UCO Bank LBO Salary Slip 2025
It is the official document detailing all the components and benefits provided to UCO Bank LBO-selected candidates. Basic pay, gross pay, benefits and allowances, regular deductions like PF, and so forth are all included. The UCO Bank LBO salary slip can be used by candidates who need evidence for a number of reasons, including loan applications, income tax returns, and employment verification.
UCO Bank LBO Perks and Allowances
The selected candidates will be entitled to get various allowances such as Dearness Allowance (DA), House Rent Allowance (HRA), Furniture Allowance, Medical Allowance, etc., along with the basic pay. Check the list of allowances below
- Dearness Allowance (DA)
- House Rent Allowance (HRA)
- Travel Allowance/Tour Allowance
- Medical Allowance
- Provident Fund
- Loan Facility
- Gratuity
UCO Bank LBO Probation Period
The selected candidates will be on probation for 2 (two) years of active service from the date of joining. Confirmation will be made on being satisfied about the performance and conduct during the period of probation. If any candidate fails to achieve the minimum standard stipulated, his/her services may be terminated as per the policy of the bank in force at the material time. The selected candidate is to execute a bond to serve the bank for a period of two years or pay an amount of Rs. 2.00 Lacs in case the officer leaves the bank prior to completion of two years.
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