Bank of Baroda offers attractive salary packages in 2024 for roles like Officer Scale-I, Relationship Manager, and various manager positions. Interested candidates can apply through the official website. Employees benefit from competitive compensation and a fulfilling career experience.
Bank of Baroda continues to offer attractive salaries, along with a range of perks and incentives. The bank is known for supporting career advancement and providing abundant opportunities for professional growth. Aspirants can explore and apply for various roles directly through the official website.
Employees at BoB enjoy a vibrant career, competitive pay, and extensive benefits, making it a sought-after employer. For instance, a Scale IV Officer at BoB earns over Rs.50,000 per month.
Bank of Baroda Salary 2024 Overview
| Organization | Bank of Baroda |
| Post Name | Managers and Officers (Various Scales) |
| Monthly Pay | According to the scale |
| Allowances | HRA, TA, DA, Paid Leaves, etc. |
| Official website | bankofbaroda.in |
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Bank of Baroda Monthly Pay Scale 2024
This section delves into the monthly salary structure (basic pay) for various positions at the Bank of Baroda. Please note that the basic pay is periodically revised.
To stay updated with the latest information, consider bookmarking this page or visiting the official Bank of Baroda website regularly for announcements and updates.
| Category | Position | Base Salary (INR) |
| Administrative Assistance | Office Worker | 13,626 per month |
| Office Assistant | 12,655 per month | |
| Human Resources | Recruiting Specialist | 37,788 per month |
| HR Manager | 23,062 per month | |
| Management | Assistant Manager | 6,64,922 per year |
| Senior Manager | 12,23,273 per year | |
| General Manager | 17,83,561 per year | |
| Chief Manager | 15,59,862 per year | |
| Sales | Sales Manager | 20,000 per month |
| Sales Executive | 10,000 per month | |
| Other Popular Posts | General Banking Officer | 31,268 per month |
| Branch Manager | 6,59,151 per year | |
| Customer Service Representative | 36,350 per month |
Bank of Baroda Roles and Responsibilities 2024
The Bank of Baroda provides a variety of career opportunities for skilled and qualified individuals across different roles in the banking sector.
- Probationary Officer (PO): The bank conducts exams to recruit Probationary Officers, who undergo training before being assigned to branches nationwide.
- Junior Assistant: Also known as Clerks, Junior Assistants are responsible for administrative tasks, including managing accounts, assisting customers, processing transactions, and ensuring smooth daily operations.
- Specialist Officer (SO): Specialist Officers bring expertise in fields like IT, law, finance, HR, and marketing, and work in specialized departments to improve the bank’s functions and services.
- Relationship Manager: These professionals handle relationships with high-net-worth individuals (HNIs) and corporate clients, providing personalized financial advice and services.
- Risk Manager: Risk Managers are responsible for identifying and managing credit and market risks, developing strategies to ensure compliance with regulations and mitigate potential threats.
- Branch Manager (MMGS-II): Branch Managers oversee the overall performance of a branch, manage staff, achieve sales targets, and ensure excellent customer service standards.
- Customer Service Executive: These executives address customer queries, resolve complaints, and assist with various banking services, ensuring high customer satisfaction.
The bank offers comprehensive training and career advancement opportunities, with internal exams available for promotions to higher positions, such as Specialist Officers and Probationary Officers.
Bank of Baroda Salary Structure 2024
Let’s look at the pay scales for officers on Scale I, II, III, IV, and V. Applicants are advised to return to this website for future reference in order to stay up to date on the latest salary information for a variety of roles at the Bank of Baroda.
| Scale | Salary |
| Scale I | Rs. 23700 – 980/7 – 30560 – 1145/2 – 32850 -1310/7 – 42020 |
| Scale II | Rs. 31705 – 1145/1 – 32850 – 1310/10 -45950 |
| Scale III | Rs. 42020 – 1310/5 – 48570 -1460/2 -51490 |
| Scale IV | Rs. 50030 – 1460/4 -55870 – 1650/2 -59170 |
| Scale V | Rs. 59170 – 1650/2 – 62470 – 1800/2 – 66070 |
| Scale VI | Rs. 68680 – 1960/4 -76520 |
| Scale VII | Rs. 76520 – 2120/4 – 85000 |
FAQs
Q1: What benefits do Bank of Baroda employees receive?
Ans: Benefits include health insurance, retirement plans, performance bonuses, and allowances.
Q2: What is the age limit for Bank of Baroda recruitment?
Ans: Age limits vary depending on the role. For example, for Manager positions, the age limit is generally between 22 and 28 years.