Central Bank of India ZBO Salary 2025 Pay Scale, Allowances & Perks

Central Bank of India ZBO Salary- A new pay structure for Zone-Based Officers has been implemented by the Central Bank of India. The CBI ZBO Salary 2025 structure for Junior Management Grade Scale-I (JMGS-I) personnel is described in this updated revision. At the Central Bank of India, a Scale-I Officer’s base salary is Rs 48480, with an increase structure of Rs 48480-2000/7-62480-2340/2-67160-2680/7-85920. This scale guarantees a steady increase in remuneration.

Central Bank of India ZBO Salary 2025

The Central Bank of India would pay the Central Bank ZBO Salary 2025 to the successful candidates for this Zonal Based Officer position under the Grade Assistant Manager (SCALE I) pay scale, which is 48480-2000/7-62480-2340/2-67160-2680/7-85920. In accordance with the Central Bank Zonal Based Officer Vacancy information, 266 positions are available for the Financial Year 2024–2025. To ascertain whether their career goals align with the work responsibilities listed for the particular role, candidates should also examine the Central Bank of India ZBO work Profile.

Central Bank of India ZBO Salary 2025 Details

RecruiterCentral Bank of India
Post NameZone-Based Officer (JMGS-I)
Basic SalaryRs 48480
Annual CTCRs 19.38 Lakh (Approx)
AllowancesAdmissible as per rules
Official websitecentralbankofindia.co.in

About Central Bank of India

Central Bank of India, established in 1911, is one of the oldest and largest public sector banks in India. It offers a wide range of banking services, including savings accounts, loans, investment products, and insurance, catering to individuals, businesses, and government sectors. With its extensive network of branches across India, the bank plays a vital role in the country’s financial services sector and contributes to the nation’s economic growth.

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Central Bank ZBO Pay Scale

Under the Assistant Manager Scale I grade, the Central Bank Zone Based Officer Salary Structure offers steady opportunities for promotion. Starting pay for the Central Bank ZBO is Rs. 48,480, and there is a specified increment plan in place. For the first seven years, workers receive a yearly raise of Rs. 2,000, which raises their pay to Rs. 62,480.

The increment then increases to Rs. 2,340 for the following two years, reaching Rs. 67,160. A increase of Rs. 2,680 is given over the next seven years, and the highest base wage is Rs. 85,920. Throughout their careers, officers are guaranteed financial security and advancement thanks to this well-organized pay structure.

Central Bank ZBO Probation Period

Those chosen for Central Bank ZBO will serve a two-year probationary period, which could be extended for a further year depending on how well they perform. The Central Bank of India (Officers) Service Regulations’ guidelines shall be used in determining whether or not they are confirmed in the bank’s employment. The chosen applicant would sign a bond worth Rs. 3.00 lakh for three years after joining the bank.

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Allowances & Perks

In addition to the basic pay, Zonal Based Officers of the Central Bank of India are entitled to a variety of supplementary benefits and allowances that increase their overall compensation package:

  • Dearness Allowance (DA)
  • House Rent Allowance (HRA)
  • Medical Facility
  • City Compensatory Allowances (CCA)
  • PF contributory pension fund, i.e., NPS, LFC
  • Petrol and Local Conveyance Reimbursement
  • Monthly Mobile Bill Reimbursement
  • Performance Linked Incentive (PLI) Scheme
  • Staff Loans
  • Leave Travel Concession (LTC)
  • Furniture Facility
  • Leave
  • Other Allowances

Job Responsibilities

The selected candidates for the Zone-Based Officer (ZBO) position will have certain transfer limitations. They will not be eligible for inter-zone transfers until they have been promoted to Middle Management Grade Scale-III (MMGS-III). However, exceptions may arise in circumstances of malfeasance or fraudulent activity during their tenure. Officers promoted to Scale IV or higher may be deployed to sites around the country.

It provides flexibility in higher positions while retaining stability at lower levels. Furthermore, selected officers will be barred from receiving foreign postings or deputations to other organizations until they reach MMGS-III grade or complete ten years of service, whichever occurs first. Exceptions may apply to behavioural concerns or fraud situations, just as they do to transfer policies.

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Final Words

The Central Bank of India Zonal Based Officer (ZBO) position offers an attractive salary structure, starting with a base pay of ₹48,480 under the JMGS-I grade, with increments ensuring steady financial growth. The total annual CTC is approximately ₹19.38 lakh. In addition to the salary, officers enjoy various allowances and benefits such as Dearness Allowance, House Rent Allowance, medical facilities, and more. The two-year probation period ensures proper performance evaluation, with opportunities for further advancement in the bank.

Central Bank of India ZBO Salary FAQ’S

What is The Starting Salary for Central Bank of India ZBO?

The starting salary is ₹48,480.

What is The Annual CTC for Central Bank ZBO?

The annual CTC is approximately ₹19.38 lakh.

How Long is The Probation Period for ZBO?

The probation period is 2 years, extendable by 1 year.

What Allowances are Included in The ZBO Salary?

ZBOs receive allowances such as DA, HRA, medical, and performance-linked incentives.

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