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Bank Of Baroda (BOB) SO Salary 2024 | Grade Pay | In Hand Per Month

BOB SO Salary 2023: A starting basic salary of BOB SO: 48170-1740(1)-49910-1990(10)-69180. BOB SO's entry-level pay is Rs₹48170-69180/- DA, HRA, and other special allowances are not included. BOB SOs are eligible to receive a base salary of up to Rs. 48170 before any benefits and allowances. The in-hand BOB SO salary is base pay with all applicable deductions and bonuses. The BOB SO's Salary in Hand will be between Rs.70876 (without deducting taxes, NPS, or PF). Review the information about BOB SO Salary 2023 in the section below.

Pay Scale  48170-69180/-
BOB SO Basic Salary  48170/-
BOB SO Maximum Salary 69180/-
Dearness Allowance (DA) 10500.88/-
Special Allowance (SA) 3371
House Rent Allowance (HRA) 4335/-
Miscellaneous 4500 (Approx)
Initial Gross Salary  ₹70876- (Approx)
Cost to Company (CTC) Rs.12 LPA – Rs.17 LPA Approx.
✦ Check Year Wise Salary (⬇)

BOB SO Salary 2023

The Bank of Baroda (BOB) has invited online applications for the role of Specialist Officer (SO), with a minimum of 300 positions currently available. Interested candidates can refer to the article for details on BOB SO Salary 2023, encompassing job responsibilities, incentives, and other benefits.

Pay Scale INR 48170-1740(1)-49910-1990(10)-69180
Basic Pay INR 48170 (Given Increment for 1 Year = INR 1740/-)
Basic Pay after 14 years INR 49910 (Given Increment for 10 Years = INR 1990/-)
Maximum Basic Pay INR 69180
Cost to Company (CTC) Rs.12 LPA – Rs.17 LPA Approx.

   INR 48170/ - INR 1740(1) का अर्थ है मूल वेतन Rs.48170 में सालाना 1740 रुपये की वृद्धि होगी अगले 1 वर्षों के लिए I

   INR 49910/ - INR 1990 (10) का अर्थ है मूल वेतन Rs.49910 में सालाना 1990 रुपये की वृद्धि होगी अगले 10 वर्षों के लिए I

BOB SO Salary 2023: Allowances

The Specialist Officer of BOB receives a variety of benefits and payments.

Pay Salary INR 48170-1740(1)-49910-1990(10)-69180
Basic Pay INR 48170
D.A.(Dearness Allowance) 25-30% of the Basic Pay (Changes as per the location of work)
H.R.A.(House Rent Allowance) 8-10% of the Basic Pay
City Compensatory Allowances (CCA) 0% to 4% Depending on the Location
T.A.(Travelling allowance) INR 1927
D.A. on T.A. As per Govt rule
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BOB SO Salary: Deduction

PF(12% of basic) 5780.4
NPS(10% of basic + DA) As per Govt rule
Income Tax As per Govt rule

"BOB SO Salary in hand after deduction is Rs. 70876/- Per month(Approx)"

   BOB SO के लिए वेतन INR 70876 है।

   इन वेतन विवरणों को BOB बोर्ड द्वारा आवश्यक होने पर संशोधित किया जा सकता है।

BOB SO Salary Mumbai

The current CTC (Cost to Company) of a Specialist Officer posted in Mumbai is approximate Rs.13 lakh per annum.

  • Your basic will be 48170, which is a pending revision from August 2023. (Expect it to be above Rs60,000 after the wage revision.) (1740 increadibles will be added to your basic every year.)
  • The current Dearness Allowance is around 69.2%, which equates to approximately 22600 changes every three months (February to April, for example).
  • House Rent Allowance: 10% As all training centers are in Class A cities, 5780
  • ( After training, you can also go for staff quarters if available or avail leased accommodation, the rates for which are
  • Mumbai is Rs. 29500 per month, Metro is Rs. 20000, Class A is Rs. 15000, Class B is Rs. 10000, and Class C cities are Rs. 8000 per month.
  • Mobile Handset Reimbursement-Rs.10000 once in 3 years
  • Office bag reimbursement: Rs. 3000 once every 3 years
  • So your training gross would be around 58000

BOB SO Salary Perks

BOB SO not only provides an attractive salary but also some amazing perks like:

  • Newspaper Reimbursement: Rs. 200 PM
  • Entertainment Reimbursement: Rs. 800 PM
  • Mobile Bill Reimbursement: Rs. 400 PM
  • Cash Medical Benefit: Rs. 13,300 PA
  • EL  Encashment Of 30 Days Every 2 Years
  • Mobile Reimbursement:  Rs.10000 once in 3 years
  • Office Carry Bag Reimbursement: Rs. 3000 once every 3 years
  • PLI BONUS your total yearly Basic+DA up to 6% ( maximum)
  • Household Help Expense Reimbursement: Rs. 1000 PM
  • Insurance cover of 50 lakhs (GIS) + 8 lakhs (GSLI) + 10 lakhs (GTS)
  • Defined Pension Scheme – Equal contribution of 10% of Basic + DA from the corporation.
  • Around Rs 30,000 in income tax on perks per year is paid by the corporation on your behalf.
  • Mediclaim: Up to 40 lakhs cover for you and your dependents. (Premium one-fourth paid by Employee)
  • Leave travel concession:  4500 km each to and fro 2nd AC Fare with family once in 2 years/LTC home town for every year.



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