Bank of Maharashtra SO Salary 2025, Structure, Perks and Allowances

The Bank of Maharashtra offers an attractive salary package to Specialist Officers (SO) across different scales, making it a desirable career option in the banking sector. In 2025, SOs appointed at Scale II, III, IV, V, and VI receive a structured pay scale along with various allowances and benefits. The salary structure not only includes basic pay but also perks such as dearness allowance, house rent allowance, medical facilities, and other incentives. A detailed understanding of the Bank of Maharashtra SO salary helps candidates evaluate career growth, financial stability, and the overall advantages of the role.

Bank of Maharashtra SO Salary 2025

The Bank of Maharashtra SO Salary 2025 is mentioned in the official notification as released on the official website @ bankofmaharashtra.in. The Officers in the Bank of Maharashtra SO 2025 are officially referred to as Officer Scale II to Scale VII. The details on salary and job profile are a must to make better choices in the examination. Here in this post, we have covered all the information on the Bank of Maharashtra SO Salary 2025.

Bank of Maharashtra Specialist Officer Salary Structure 2025

The official notification has the Bank of Maharashtra SO Salary Structure in detail.  They will also be eligible for a number of allowances that make the overall salary structure very lucrative. Here we have given all the details on the Bank of Maharashtra SO Salary Structure 2025.

Bank of Maharashtra SO Allowances and Benefits

In addition to the Bank of Maharashtra SO Salary 2025, selected candidates are entitled to various allowances and benefits that enhance the overall attractiveness of the salary package. Here are the details on allowances and benefits offered as per the salary structure.

1. DA (Dearness Allowance): Paid as per the scale and location, in accordance with the bank’s prescribed norms.
2. HRA (House Rent Allowance): Provided based on the scale and location of the candidate’s posting, as per the bank’s guidelines.
3. Leased Accommodation (if applicable): Offered based on the bank’s prescribed norms and availability, if the candidate is eligible.
4. CCA (City Compensatory Allowance): Provided based on the place of posting to compensate for the higher cost of living in certain cities.
5. Medical Benefits: Candidates are eligible for reimbursement of medical expenses as per the prevailing rules and regulations.
6. LTC (Leave Travel Concession): Eligible candidates can avail of leave travel benefits as per the bank’s policies and guidelines.
7. Terminal Benefits: Includes gratuity, provident fund, and pension, which are provided as per the prevailing rules and regulations of the bank.
8. Other Perquisites: Additional allowances such as mobile allowances or fuel allowances may be provided based on the bank’s policies and guidelines.

Bank of Maharashtra SO Bond and Probation

The candidates who will be selected as Specialist Officers will have to sign a bond, and there will be a probation period of 2 years. The official notification has all the details on bond and probation, which we have listed below.

Bank of Maharashtra SO Job Profile

Here, candidates can get a brief idea of the job profile of the Bank of Maharashtra SO. The candidates can get the details on the job profile from the official notification.

1.  Branch Control and Business Development.
2.  Performance Budgeting and Specialist Monitoring.
3. Sanctioning Powers and Reporting.
4. Specialist Proposal Evaluation and Risk Assessment.
5. Turnaround Time and ABS Compliance.
6. Specialist Analysis and Appraisal.
7. Pre-Sanction Compliance and Risk Assessment
8. Customer Service and Correspondence:
9. Housekeeping and Compliance.