PNB LBO Salary 2025, Check In hand Salary Structure, Pay Scale, Job Profile

PNB LBO Salary 2025 is categorized under Grade Scale-I (JMGS-I). The starting basic pay is Rs. 48480, which gradually increases over the years, reaching a maximum basic pay of Rs. 85920. The gross monthly pay is approximately Rs. 63000, and the in-hand salary after deductions is around Rs. 60000. We have provided the salary details in this article to motivate candidates appearing for the Local Bank Officer exam.

Punjab National Bank LBO Salary 2025

Punjab National Bank (PNB) has released a total of 750 vacancies for the post of Local Bank Officer (LBO) under PNB LBO Recruitment 2025. Candidates who want to become an LBO must know that PNB Local Bank Officer Salary, as the starting basic pay for this Local Bank officer post is Rs. 48480 per month, and the pay scale increases year to year. The pay scale is Rs. 48480-2000/7-62480-2340/2-67160-2680/7-85920.

PNB LBO Salary Structure 2025

Candidates selected as Local Bank Officers will get PNB LBO Salary 2025 as per the Grade Scale-I (JMGS-I), with increments and promotions as per the bank’s rules and policies. Along with the basic pay, officers receive several allowances and benefits, such as: Dearness Allowance (DA), City Compensatory Allowance (CCA), HRA, Medical, etc

• After every year, the basic pay increases by Rs. 2,000 for the first 7 years,
• Then by Rs. 2,340 for the next 2 years,
• And by Rs. 2,680 for the following 7 years,
• Until the maximum basic pay reaches Rs. 85,920.

Punjab National Bank LBO Recruitment 2025 Notification Out for 750 Vacancies- Click to Check

PNB LBO In-Hand Salary 2025

After all the deductions are made from the gross salary, such as income tax, professional tax, and contributions to the provident fund the PNB Local Bank Officer Salary 2025 comes to around Rs. 60000 per month.

Probation Period for Punjab National Bank LBO

Selected candidates will undergo a 2-year probation period from the date of joining. After training, LBOs will be posted in any of the Circles within the state for which they have been selected. After selection, LBOs will remain in the same state until completion of 9 years of service or promotion to SMG Scale IV, whichever comes first.

PNB Local Bank Officer Perks and Allowances

Local Bank Officers will get the following perks and allowances, along with the PNB LBO Salary 2025.

• Dearness Allowance (DA): Provided to manage inflation, and it is revised as per the pay commission
• House Rent Allowance (HRA) / Leased Accommodation: Generally, it depends on the posting location.
• City Compensatory Allowance (CCA): This allowance is Applicable for employees posted in metro or large cities.
• Medical Insurance: For self and their family, medical facilities, this allowance is given
• Leave Travel Concession (LTC): This is the amount of money an employee receives in exchange for the unused leave at the end of a certain period.
• Retirement Benefits: After the completion of service, this allowance is given as a pension.

PNB LBO Service Bond

Selected candidates must sign an Indemnity Bond (Compensation for Loss/Damage or Liability). This bond is a commitment to serve the bank for at least 3 years. If a candidate leaves the bank before completing 3 years, they must pay Rs. 2,00,000 to the bank.

PNB LBO Job Profile & Career Growth

The job profile and career progression is explained below.

• He provides customer support by handling customer queries and their transactions for their satisfaction at the ground level
• Local Bank Officers help manage loan disbursements and the documentation of customers.
• Handles all administrative tasks, banking regulations, and policies.
• Promote the bank’s products and try to meet monthly and quarterly sales targets.
• Take part in marketing campaigns and promote products from other companies.

Career Progression: Promotions for Local bank officers are based on years of service, performance in departmental exams, and exceptional skills. After appointment as Local Bank Officer (LBO), the career progression is as follows:

• Scale 2 Manager
• Scale 3 Senior Manager
• Scale 4 Chief Manager
• Scale 5 Assistant GM
• Scale 6 Deputy GM
• Scale 7 General Manager

PNB LBO Syllabus and Exam Pattern 2025- Click to Check

PNB LBO Mock Test- Click to Practice