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Bank of India PO Salary, Promotions and Benefits 2023

Bank of India PO Salary 2023

Bank of India PO Salary 2023: As the Bank of India PO Notification has been released for 500 vacancies, the candidates interested for the posts must be looking for Bank of India PO Salary & pay scale. The candidates are selected as Probationary Officers JMGS-I after a certain selection process which is set for all the candidates. The Bank of India PO post is a sought-after job in the current phase. It is important to have a glance at the salary structure, pay scale, and job profile of the Bank of India PO vacancy 2023. Read further to know more about the Bank of India PO Salary 2023.

Bank of India PO Salary Structure 2022

The candidates interested in the Bank of India PO 2023 must note the benefits of this job and prepare for the same using all their best efforts. The candidates can have a look at the table below for Bank of India PO Net Pay or the in-hand salary distribution. The salary structure has been tabulated below:

Bank of India PO Salary Structure 2023
Post Name Salary Structure
Junior Management Grade Scale – I (JMGS I) 36000-1490/7-46430-1740/2-49910-1990/7-63840

Bank of India PO Recruitment 2023- Click to Check

Bank of India PO Salary – Benefits/Perks & Allowances

Apart from the basic pay scale,  the salary of Bank of India PO will include other allowances in their salary structure as well, such as: –

  • Medical Allowance
  • Medical Insurance
  • House Rent Allowance
  • Dearness Allowance

Bank of India PO Salary 2023- Job Profile

Once the candidate is appointed as Bank of India PO they have to perform certain duties/jobs. There are various responsibilities that a Bank of India PO has to carry out. Bank of India PO basically works in the revenue department of the state. We have discussed below the job profile of Bank of India PO.

  • Solving the queries of customers at the branch
  • Maintaining different paperwork
  • Directing daily transactions of customers and processing loan detail
  • KYC compliance of new account holders
  • Maintaining and supervising regular branch activities

Bank of India PO Salary 2023 Career Growth

Any employee working under the Bank of India has bright career prospects with innumerable opportunities. The hierarchy for the Bank of India is given below.

  • Probationary Officer – Scale I
  • Assistant Manager – Scale-II
  • Manager – Scale III
  • Senior Manager – Scale IV

Bank of India PO Syllabus 2023- Click to Check

Bank of India PO Salary 2023 – FAQs

Q1. What are the basic allowances as part of the Bank of India PO Salary 2023?

Ans. The basic allowances as a part of the Bank of India PO salary are dearness allowances, HRA, and Travelling Allowances.

Q2. How many times does the Bank of India PO Exam take place?

Ans. Bank of India PO Exam is held annually.

Q3. Are there any growth opportunities for Bank of India PO?

Ans. Yes, there are growth opportunities and some of them are mentioned in the article above.

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FAQs

Q1. What are the basic allowances as part of the Bank of India PO Salary 2023?

Ans. The basic allowances as a part of the Bank of India PO salary are dearness allowances, HRA, and Travelling Allowances.

Q2. How many times does the Bank of India PO Exam take place?

Ans. Bank of India PO Exam is held annually.

Q3. Are there any growth opportunities for Bank of India PO?

Ans. Yes, there are growth opportunities and some of them are mentioned in the article above.