Union Bank LBO Salary 2024, Basic Pay, Allowances and Job Profile
Union Bank LBO Notification 2024 PDF has been launched for the recruitment of a complete of 1500 vacancies for Local Bank Officer (LBO) posts. The collection of candidates for mentioned posts is predicated on a Written Exam, Interview, Native Language Check, Doc Verification, and Medical Examination. Candidates declared profitable on this exam are appointed for Native Financial institution Officer posts and obtain a month-to-month fundamental beginning wage of Rs. 48480/-.Candidates can refer to the article to search out extra particulars concerning the wage, together with the allowance of the job profile and others.
Union Bank LBO Salary 2024
All appointed candidates might be paid a salary in pay scale 48480-2000/7-62480-2340/2-67160-2680/7-85920 as talked about in Union Bank Local Bank Recruitment 2024Notification PDF. With this candidates will even get the varied allowance and perks. Chosen candidates could have 02 years of Probation interval service from the date of his / her becoming a member of the Financial institution. On this article, we have offered detailed info on Union Bank LBO Salary 2024, Including in-hand wage, perks and allowance, and profession growth prospects.
| Parameters | Amounts |
| Basic Salary | Rs. 48480/ |
| Pay Scale | 48480-2000/7-62480-2340/2-67160-2680/7-85920 |
Union Bank LBO Allowance and Perks
Aside from the Union Bank LBO Salary 2024 appointed candidates will even obtain varied perks and Particular Allowances, Dearness Allowances, and different allowances as per prevailing guidelines and rules within the Bank.
- Dearness Allowance
- House Rent Allowance
- Paid holidays
- Increments and incentives
- Transport Allowance
- Health insurance
- Medical facilities
- Leave and travel concession
- Bonus
Union Bank LBO Salary 2024
Union Bank Local Bank Officer Job Profile
The roles and tasks to be carried out by a candidate below the Union Bank Local Bank Officer job profile are as follows:
- Offering wonderful customer support to people and businesses.
- Help shoppers with banking transactions, account management, and queries, guaranteeing high-quality service.
- Consider and course of loan applications, including credit assessments and approvals.
- Promote financial institution services and products to attain gross sales targets and strengthen buyer relationships.
- Offering recommendation to prospects on funding choices.
- Handle account openings, closures, and upkeep while ensuring correct dealing with of buyer documentation and compliance.
- Maintaining with the newest technological advancements within the banking trade.
Union Bank of India Local Bank Officer Probation Period
Chosen candidates will endure a probationary interval of two years of energetic service of energetic service from the date of joining the Bank. If the worker efficiently completes this probation and meets the bank’s expectations, their service might be confirmed. This affirmation means they’re everlasting workers of Union Bank of India, with all related advantages and tasks.
Union Bank LBO Salary 2024
Union Bank LBO Service Indemnity Bond
Candidates who’re appointed for the Local Bank Officer positions at varied branches of Union Financial institution might be required to execute a Service Indemnity Bond enterprise to serve the Financial institution for a minimal interval of three years. If any candidates leave the bank earlier than completing this period, they have to pay the bank a sum of Rs. 2,00,000/- (Rs. Two Lakh Solely), along with any relevant taxes as per authorities rules.
UBI Local Bank Officer Career Growth
The candidates as soon as chosen for the Indian Bank Local Bank Officer put up get Profession Development as per the Bank’s Promotion Policy for General Banking Officers. Candidates might be allowed to take part within the promotion within the Bank to the next Grade / Scale topic to fulfilling the prescribed norms.
Official Website: unionbankofindia.co.in
Category: Salary
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