Union Bank SO Salary 2025, In-Hand Salary, Job Profile & Post-wise Pay

The Union Bank SO Salary 2025 offers an attractive pay package along with job security and growth opportunities. With over 500 vacancies for IT and Credit specialised roles, candidates can look forward to competitive in-hand salaries, allowances  and benefits. The salary varies based on the post and scale and includes perks like HRA, DA and medical coverage. A detailed salary structure and pay scale have been discussed below in the article.

Union Bank SO Salary 2025

The Union Bank of India offers a competitive salary package for Assistant Managers under the Junior Management Grade Scale-I (JMGS-I). The pay scale is structured to provide regular increments and additional benefits over time. The starting basic pay of ₹36,000 per month is provided for most Scale I posts. After adding allowances and deducting taxes and PF, the in-hand salary comes to around ₹51,000 to ₹55,000. It’s a stable and rewarding salary for the candidates who are starting a banking career.

Union Bank SO Salary 2025 Overview

The Union Bank So Salary 2025 Overview table which includes basic pay, pay scale, In Hand Salary, Allowances, Career Growth, Probation period and Bond period have been given below.

Union Bank SO Salary Structure 2025

The Union Bank of India (UBI) Assistant Manager position falls under the Junior Management Grade Scale-I (JMGS-I). This structured progression allows the basic pay to reach up to ₹85,920 over time. The Union Bank SO Salary Structure 2025 is given below in the table.

Union Bank SO In Hand Salary 2025

While the basic pay starts at ₹48,480, the Union Bank SO In Hand Salary 2025 includes various allowances and deductions. On average, the monthly in-hand salary is approximately ₹52,000 to ₹55,000, depending on the location of posting and applicable allowances.

Also Read: Union Bank SO Admit Card

Union Bank SO Salary Slip 2025

The revised Union Bank SO Salary Slip 2025 table with total deductions mentioned in the table. The net pay is calculated after subtracting the total deductions from the gross earnings.

Union Bank SO Perks and Allowances

In addition to the basic pay, Union Bank Specialist Officers are entitled to various Union Bank SO Perks and Allowances that enhance the overall compensation package. These allowances and benefits significantly increase the total remuneration and provide financial stability.

• Dearness Allowance (DA): Adjusted quarterly, typically around 35-40% of the basic pay.
• House Rent Allowance (HRA): Varies between 7%-9% of the basic pay, depending on the city of posting.
• Special Allowance: Fixed at 7.75% of the basic pay.
• City Compensatory Allowance (CCA): Ranges from 0%-4%, based on the location.
• Medical Reimbursement: Coverage for medical expenses for self and family.
• Leave Fare Concession (LFC): Travel allowance for self and family.
• Newspaper Allowance: Monthly reimbursement for newspaper expenses.
• Travel Allowance: Reimbursements for travel expenses incurred during official duties
• Lease Allowance: Housing lease allowance for those not opting for bank quarters.
• Provident Fund (PF) and Gratuity: Long-term benefits under the bank’s PF and gratuity schemes.

Union Bank SO Career Growth Opportunities

UBI offers clear career progression paths for Assistant Managers. Promotions are based on performance, experience, and internal examinations, providing ample opportunities for career advancement.

1. Assistant Manager (JMGS-I)
2. Manager (MMGS-II)
3. Senior Manager (MMGS-III)
4. Chief Manager (SMGS-IV)
5. Assistant General Manager (SMGS-V)
6. Deputy General Manager (TGMGS-VI)
7. General Manager (TGMGS-VII)

Union Bank SO Probation Period

The Union Bank SO Probation Period is generally 2 years, during which officers undergo training and regular evaluations. This phase allows them to understand the bank’s systems, responsibilities and work culture. Successful completion of probation is necessary for confirmation in the Union Bank SO Post.