Punjab National Bank SO Salary: Know in-hand salary, basic income, allowances and more!

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PNB SO In-Hand Salary

The starting salary for PNB SO applicants may change from time to time when they receive raises. Although the PNB SO pay in the beginning may have been approximately 31,705 for Manager positions in various divisions and 42020 for Senior Manager positions.

Pay-Scale for PNB SO

Post Name	Grade/Scale	Scale of Pay
Senior Manager(Credit)	MMGS-III	42020-1310/5-48570-1460/2-51490
Manager(Credit)	MMGS-II	31705-1145/1-32850-1310/10-45950
Manager (Treasury)	MMGS-II	31705-1145/1-32850-1310/10-45950
Manager(Architect)	MMGS-II	31705-1145/1-32850-1310/10-45950
Manager(Civil)	MMGS-II	31705-1145/1-32850-1310/10-45950
Manager (Economic)	MMGS-II	31705-1145/1-32850-1310/10-45950
Manager(HRD)	MMGS-II	31705-1145/1-32850-1310/10-45950
Manager(Law)	MMGS-II	31705-1145/1-32850-1310/10-45950
Senior Manager(Risk)	MMGS-III	42020-1310/5-48570-1460/2-51490
Manager (Risk)	MMGS-II	31705-1145/1-32850-1310/10-45950
IT Officer	JGMS-I	23700-980/7-30560-1145/2-32850-1310/7-42020
Chartered Accountant	MMGS-II	31705-1145/1-32850-1310/10-45950
Agricultural Field Officer	JGMS-I	23700-980/7-30560-1145/2-32850-1310/7-42020
Rajbhasha Adhikari	JGMS-I	23700-980/7-30560-1145/2-32850-1310/7-42020
Marketing Officer	JGMS-I	23700-980/7-30560-1145/2-32850-1310/7-42020

In the above-mentioned table, MMGS stands for Middle Management Grade Scale.
JGMS stands for Junior Management Grade Scale.
 

PNB SO Salary Structure

Employees working for the PNB SO position receive extra perks in addition to their salaries. These allowances are as follows:

• Dearness Allowances (D.A) - This is the basic expense of living. It amounts to over 36% of the base salary.
• House Rent Allowances (H.R.A.)-HRA is provided for housing expenditures and varies depending on the employee's city of residence. According to the advertisement, it is paid 7-9% of the base salary.
• City Compensatory Allowances (C.C.A.)-Depending on the city of posting, CCA ranges from 0 to 3-4% of base salary. It is offered to compensate employees who live in urban areas for the high expense of living.
• Contribution to Provident Fund- It is around Rs. 3000-3500.
• Special Allowance- It is equal to around 7.75% of the basic wage.
• Other allowance is granted, such as an entertainment allowance, a newspaper allowance, a travel allowance, and so on.

PNB SO after revision gross salary comes around:

• Rs. 30578 for Metro Cities
• Rs. 30488 for State Capitals
• Rs. 29927.5 for District Level and Rural Areas.

PNB SO Probation Period

The usual probation term for most employment in the government sector is two years. To become a permanent employee of the department, selected candidates must work for this amount of time. Following the end of this term, applicants will be able to receive all of the perks and privileges provided by PNB authorities.
 

PNB SO Career Growth and Promotion

Candidates are also given several incentives for accomplishing new milestones in their particular fields. Once the applicants have completed their probation term, they will be eligible for all benefits and promotional bonuses. The authorities provide a variety of programs for applicants' professional advancement.

Here is the promotion/career growth hierarchy of PNB SO:

1. Junior Management-Scale 1(Officer/Assistant Manager)
2. Junior Management- Scale 2(Manager)
3. Middle Management – Scale 3( Senior Manager)
4. Senior Management – Scale 4(Chief Manager)
5. Senior Management –Scale 5( Assistant General Manager)
6. Top Management –Scale 6( Deputy General Manager)
7. Top Management- Scale 7(General Manager)