Every year, the Punjab National Bank advertises for Specialist Officers in a variety of positions. The remuneration of a PNB SO (Punjab National Bank -Specialist Officer) is set by the Punjab National Bank. Salary for positions such as Manager, Sr. Manager, and Officer may vary depending on seniority. Along with the PNB SO salary, the PNB provides specific grade pay. To be considered for one of these positions, candidates must have the necessary educational qualifications and must successfully complete the selection procedure. In this article, we have provided you with the complete details of the salary structure received by an SO in PNB. You may also read about Different types of banks in India
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PNB SO In-Hand Salary
The starting salary for PNB SO applicants may change from time to time when they receive raises. Although the PNB SO pay in the beginning may have been approximately 31,705 for Manager positions in various divisions and 42020 for Senior Manager positions.
Pay-Scale for PNB SO
| Post Name | Grade/Scale | Scale of Pay |
| Senior Manager(Credit) | MMGS-III | 42020-1310/5-48570-1460/2-51490 |
| Manager(Credit) | MMGS-II | 31705-1145/1-32850-1310/10-45950 |
| Manager (Treasury) | MMGS-II | 31705-1145/1-32850-1310/10-45950 |
| Manager(Architect) | MMGS-II | 31705-1145/1-32850-1310/10-45950 |
| Manager(Civil) | MMGS-II | 31705-1145/1-32850-1310/10-45950 |
| Manager (Economic) | MMGS-II | 31705-1145/1-32850-1310/10-45950 |
| Manager(HRD) | MMGS-II | 31705-1145/1-32850-1310/10-45950 |
| Manager(Law) | MMGS-II | 31705-1145/1-32850-1310/10-45950 |
| Senior Manager(Risk) | MMGS-III | 42020-1310/5-48570-1460/2-51490 |
| Manager (Risk) | MMGS-II | 31705-1145/1-32850-1310/10-45950 |
| IT Officer | JGMS-I | 23700-980/7-30560-1145/2-32850-1310/7-42020 |
| Chartered Accountant | MMGS-II | 31705-1145/1-32850-1310/10-45950 |
| Agricultural Field Officer | JGMS-I | 23700-980/7-30560-1145/2-32850-1310/7-42020 |
| Rajbhasha Adhikari | JGMS-I | 23700-980/7-30560-1145/2-32850-1310/7-42020 |
| Marketing Officer | JGMS-I | 23700-980/7-30560-1145/2-32850-1310/7-42020 |
In the above-mentioned table, MMGS stands for Middle Management Grade Scale.
JGMS stands for Junior Management Grade Scale.
PNB SO Salary Structure
Employees working for the PNB SO position receive extra perks in addition to their salaries. These allowances are as follows:- Dearness Allowances (D.A) - This is the basic expense of living. It amounts to over 36% of the base salary.
- House Rent Allowances (H.R.A.)-HRA is provided for housing expenditures and varies depending on the employee's city of residence. According to the advertisement, it is paid 7-9% of the base salary.
- City Compensatory Allowances (C.C.A.)-Depending on the city of posting, CCA ranges from 0 to 3-4% of base salary. It is offered to compensate employees who live in urban areas for the high expense of living.
- Contribution to Provident Fund- It is around Rs. 3000-3500.
- Special Allowance- It is equal to around 7.75% of the basic wage.
- Other allowance is granted, such as an entertainment allowance, a newspaper allowance, a travel allowance, and so on.
PNB SO after revision gross salary comes around:
- Rs. 30578 for Metro Cities
- Rs. 30488 for State Capitals
- Rs. 29927.5 for District Level and Rural Areas.
PNB SO Probation Period
The usual probation term for most employment in the government sector is two years. To become a permanent employee of the department, selected candidates must work for this amount of time. Following the end of this term, applicants will be able to receive all of the perks and privileges provided by PNB authorities.PNB SO Career Growth and Promotion
Candidates are also given several incentives for accomplishing new milestones in their particular fields. Once the applicants have completed their probation term, they will be eligible for all benefits and promotional bonuses. The authorities provide a variety of programs for applicants' professional advancement.Here is the promotion/career growth hierarchy of PNB SO:
- Junior Management-Scale 1(Officer/Assistant Manager)
- Junior Management- Scale 2(Manager)
- Middle Management – Scale 3( Senior Manager)
- Senior Management – Scale 4(Chief Manager)
- Senior Management –Scale 5( Assistant General Manager)
- Top Management –Scale 6( Deputy General Manager)
- Top Management- Scale 7(General Manager)
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How do candidates get the increment in PNB SO salary?
Increment in the PNB SO salary can be achieved after the probation period by achieving new feats and experience in the job.
What is CCA offered as the benefit for the PNB SO salary?
CCA stands for City Compensatory Allowance given to the candidates for their work in high tier cities.
When do I get the PNB SO salary if I get this job?
The PNB SO salary is credited to the employee’s account every month that they work at any PNB branch.
Is the PNB SO salary different for various posts?
Yes, the PNB SO salary differs for posts such as Manager, Senior Manager etc.
What is the in-hand salary of PNB SO?
The gross salary of PNB SO is around 38000-39000Rs. After deduction, the in-hand salary will be 33000-35000 Rs. It differs according to the post and the seniority of the post.