Salary

All the candidates who made into the final merit list of Central Bank of India SO will be recruited in the JMGS I, MMGS II, MMGS III and SMGS IV scale. The total gross salary differs from one scale to another. Besides getting monthly salary a candidate will be eligible for other perks and benefits as provided by the bank from time to time. Further details on the Central Bank of India SO salary structure can be get from the table given below.
Specialist Grade/Scale | Salary (Grade Pay) |
---|---|
JMG SCALE I | 36000-1490(7)-46430-1740(2)-49910-1990(7)-63840 |
MMG SCALE II | 48170-1740(1)-49910-1990(10)-69810 |
MMG SCALE III | 63840-1990(5)-73790-2220(2)-78230 |
SMG SCALE IV | 76010-2220(4)-84890-2500(2)-89890 |
TMG SCALE V | 89890-2500(2)-94890-2730(2)-100350 |
Note: If you are employed in other Public Sector Banks , you will be provided with Pay Protection and one additional increment within the pay scale of the grade to which you get selected.
Verification and Probation
Your appointment as a Central Bank of India SO will only be valid if you clear the Medical Fitness, Biometric verification, Character and caste (wherever applicable) as per bank requirement. You need to be declared medically fit by a Doctor or a panel of Doctors approved by the Bank. Biometric verification will be done by TCS officials. Till this time, your appointment will be provisional. Further, you will be on probation for a period of two years from the date of joining.