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Punjab National Bank Specialist Officer Salary Structure | Job Profile, Allowances, and Benefits, Recruitment

April 22, 2019 by Prasanna Leave a Comment

PNB Salary Slip

Punjab National Bank Specialist Officer Basic Pay is Rs.23,700/- for Scale 1. PNB Specialist Officer Gross salary ranges from Rs.38,000/- to Rs.39,000/-. The salary for PNB Specialist Officer includes Special Allowances, House rent Allowances(HRA), Dearness Allowances(DA) and City Compensatory Allowance(CCA).

Punjab National Bank Specialist Officer Salary Structure | Job Profile, Allowances, and Benefits, Recruitment

Specialist Officer Job is one of the high profile jobs in the banking sector. A candidate is eligible for this job only if he/she has completed their graduation. Specialist Officer has a different post in various sectors. We will provide you the details of those various sectors in this article.

To apply for PNB Specialist Officer Position, the candidate has to go through the IBPS exam and clear the cut-off marks. After then, you have to clear the PNB Bank internal interview.

In this article, we are going to provide you with the details of Punjab National Bank Specialist Officer Salary Structure, Allowances, Perks & Benefits, and Job profile details, Specialist officer exam details. Please continue reading to get more information.

Punjab National Bank Specialist Officer Salary Structure

Let us provide you the details of Punjab National Bank Specialist Officer Salary Structure here in this section. Also, before that let us give the details of the posts which come under Specialist Officer Designation. They are:

For Scale, I Specialist Officer, the basic pay starts from Rs.23700/-.

S. No. Name Of Posts Scale Level
1. IT Officer Scale I
2. Agriculture Field Officer Scale I
3. Rajbhasha Adhikari Scale I
4.  Law Officer Scale I
5. HR/Personnel Officer Scale I
6. Marketing Officer Scale I
7. IT Officer Scale II
8. Law Officer Scale II
9. Chartered Accountant Scale II

The salary structure of Specialist Officer Post According to 10th Bipartite Settlement, in May 2015, is

Scale Basic Pay Increment (in years)
I Rs.23,700/- 980(7)- Rs.30,560 – 1145(2) – Rs.32,850 -1310(7) – Rs.42,020
II Rs.31,705/- 1145(1) – Rs.32,850 – 1310(10) – Rs.45,950
III Rs.42,020/- 1310(5) – Rs.48,570 – 1460(2) – Rs.51,490
IV Rs.50,030/- 1460(4) – Rs.55,870 – 1650(2) – Rs.59,170
V Rs.59,170/- 1650(2) – Rs.62,470 – 1800(2) – Rs.66,070
VI Rs.68,680/- 1960(4) – Rs.76,520
VII Rs.76,520/- 2120(4) – Rs.85,000

PNB SO Officer Allowances and Benefits

The various allowances and benefits that are available along with PNB Specialist Officer Salary are as under

Allowances Added in Salary Percentage Value
Dearness Allowances (DA) 36% of Basic Pay
(Rs 8605.88)
House Rent Allowances (HRA) 7%, 8% or 9% percent of Basic Pay
Special Allowances 7.75%
City Compensatory Allowances(CCA) 0%, 3% or 4%
Provident Fund (PF) Contribution Rs.3000-Rs.3500

Other allowances may include Entertainment, Conveyance, Newspaper, Cleansing etc. It ranges from Rs.1000–Rs.3000 every month.

PNB Specialist Officer after revision Gross Salary Comes around

  1. 30758/- for Metro Cities
  2. 30448/- for State Capitals
  3. 29927.5/- for District Level and Rural Areas

PNB Bank as a Specialist Officer – Benefits

  • Good salary package
  • Contented working hours
  • A significant amount of leaves
  • Medical benefits and Retirement plans
  • Compensation on purchase, traveling, and education.
  • Loan facilities and on low interest
  • Most importantly, Job security.

PNB Specialist Officer Recruitment

After you have got the details of PNB SO salary structure, we hope now you are interested to apply for the same position. Candidates have to apply for PNB SO position through IBPS exam Recruitment 2019. So here are the details of how you can apply in a step by step way

  • A candidate needs to fill the online application form for IBPS Specialist Officer Exam and have to select their bank preference as Punjab National Bank.
  • Application forms are available usually at the month of August-September, you need to check IBPS website(http://ibps.in) for the updates.
  • Firstly, candidates are required to appear for IBPS SO Prelim Exam and qualify it.
  • After succeeding prelim exam only, they can appear for IBPS SO Main phase exam, else they will be eliminated.
  • On the basis of their performances on the Main Exam, they will be allotted their Punjab National bank.
  • PNB then takes an interview for the candidates, internally.

IBPS Specialist Officer Recruitment Exam 2019

  • Prelim Exam – 29th and 30th December 2018
  • Main Exam – 27th January 2019
  • Interview – February 2019

Candidates who are appearing for the exam are requested to check the IBPS website for the results of Prelim and Main Exam.

PNB Specialist Officer Job Profile – Roles and Responsibilities

Punjab National Bank Specialist Officer Job profile depends upon the area of specialization.

IT Specialist Officer: IT Specialist Officer has to maintain software and hardware work in the bank, whether it is related to ATM, Online banking or mobile banking. They are responsible to maintain the database of the customers and provide network security. Usually, those candidates who have graduated in Engineering apply for IT officer position.

Agricultural Field Specialist Officer: The responsibility of Agricultural Field SO is to provide bank related information to farmers and cultivators and encourage them to take banking services. Also, update them about the latest technologies like Greenhouse and Hi-Tech Farming) and explain the related financial product like Kisan Credit card.

Marketing Specialist Officer: The major responsibility as a Marketing Officer in banks, is improving market presence and profits of the bank through marketing campaigns and promotion activities.

HR/Personnel Officer: They are responsible for the recruitment of candidates in the banks, to handle the induction and training process of new employees, the creation of salary accounts etc.

Lawyer as Specialist Officer: Lawyers in the bank is responsible to provide legal assistance and prepare legal documents for the bank.

Chartered Accountant as Specialist Officer: CA in the bank do the auditing-related work and they are the head of the entire accounting related job in the bank. They also monitor financial profit and loss inside the bank, in terms of finance.

Hope, candidates are clear about the job profile and responsibilities of Specialist Officer in banks. As per your educational qualification, you can apply for the Specialist Officer exam.

Punjab National Bank Specialist Officer Position is a very good profile a candidate can attain. This post comes with a nice salary package, a good number of perks and benefits. PNB Specialist Officer has a good career growth and they are given promotions within the bank depending upon their performance.

Punjab National Bank is one of the participating banks in IBPS exam. It is considered as one of the Best Banks to work in North India.PNB is a very good platform to start your banking career.

We hope the details which we provided here about PNB Specialist Officer Salary Structure, their job responsibilities, and recruitment process, has answered your questions. For any feedback related to this article or any further query, please leave your comment at the end of this article.

Filed Under: Banking Tagged With: Punjab National Bank Specialist Officer Salary

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