Salary of UBI PO

by - 8:53 PM


United Bank of India (UBI) is a public sector bank. It was recently in news for Non Performing Assets (NPA). Even the CMD of the bank, Ms. Archana Bhargava had to resign because of rising NPAs. Whatever, this Kolkata headquartered bank is still considered as a great place to work.

UBI selects fresh Probationary Officers (PO) through IBPS Common Written Exam. It doesn’t have any other mode of PO selection. If you want to join UBI as a PO, you are required to first clear IBPS CWE PO exam and subsequent interview.


Salary of UBI PO

The salary of UBI PO is almost similar to other nationalized banks. It is a bit lower than what SBI offers to its POs. Further, salary depends on the place of posting. For example, a PO working in Kolkata will always get far much more salary than his counterpart working in Jamshedpur. We are giving the basic sketch of the salary of UBI PO.

Earnings:

-         Basic Salary: 15,700
-         Dearness Allowance: 13,211
-         City Compensatory Allowance: 540 (remember, it varies from city to city)

Deductions:
-         Prof. Tax: 150
-         Income Tax Deduction: 340
-         Employee Pension: 2891

Total Earnings/salary of UBI PO: 29,451
In Hand Salary of UBI PO Per Month: 23,800

As you can see, a UBI PO gets around 24,000 per month. 

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