PNB LBO Salary 2025, Pay Scale, Perks & Allowances

The Punjab and Sind Bank Local Bank Officer (LBO) salary structure is designed to offer a competitive and attractive pay package, making it a highly sought-after opportunity for aspirants aiming for a stable career in the banking sector. The salary details reflect not only the basic pay but also include various allowances and benefits that significantly enhance the overall compensation, ensuring that employees are motivated and financially secure.

PNB LBO Salary 2025

The starting basic salary for this position is ₹48,480 per month in the Junior Management Grade Scale I (JMGS-I). The salary increases over time, with a pay scale of ₹48,480-2000/7-62,480-2340/2-67,160-2680/7-85,920. The initial salary, including allowances, is designed to provide a solid foundation for career growth. As employees gain experience and seniority, their salary will increase, reflecting their performance and promotions.

PNB LBO Salary 2025 Pay Scale

The PNB Local Bank Officer (LBO) 2025 position under Junior Management Grade Scale-I (JMGS-I) offers a structured pay scale starting at ₹48,480 per month, with periodic increments of ₹2,000 every 7 months initially, ₹62,480 + ₹2,340 after 2 years, and ₹67,160 + ₹2,680 every 7 months, reaching a maximum of ₹85,920 per month.

Also Read, PNB LBO Recruitment 2025

PNB LBO Salary 2025 Salary Structure

The PNB Local Bank Officer (LBO) 2025 position offers a structured and rewarding salary package under the Junior Management Grade Scale-I (JMGS-I). Starting with a competitive basic pay of ₹48,480 per month, the salary increases periodically through scheduled increments, providing officers with steady growth and attractive financial benefits over time.

The basic pay for a PNB LBO starts at ₹48,480 per month. The salary progresses with periodic increments as follows:

• ₹48,480 + ₹2,000 every 7 months initially
• ₹62,480 + ₹2,340 after 2 years
• ₹67,160 + ₹2,680 every 7 months
• Maximum pay reaches ₹85,920 per month

PNB LBO Salary 2025 Components

This forms the core of the salary and is fixed as per the bank’s pay matrix for JMGS I officers. The initial basic pay offers a good starting point for candidates, with structured increases over time.

Allowances: The gross salary includes essential allowances such as Dearness Allowance (DA), House Rent Allowance (HRA), City Compensatory Allowance (CCA), and other location-specific allowances. These allowances are revised periodically as per government and bank policies.

Benefits & Perquisites: Apart from monetary components, employees enjoy various perks such as medical insurance coverage, leave travel concessions, retirement benefits, and provident fund contributions, all of which contribute to their overall financial security.

PNB LBO Salary 2025 Allowance

In addition to the basic pay, PNB LBOs receive several allowances and perks such as Dearness Allowance (DA), House Rent Allowance (HRA), medical benefits, performance-linked incentives, and other benefits as per government and bank norms.

Apart from the basic pay, PNB LBOs are entitled to various allowances and perks, including:

1. Dearness Allowance (DA)
2. House Rent Allowance (HRA)
3. Medical and other allowances
4. Performance-linked incentives
5. Benefits as per government and bank norms

PNB LBO Service Bond

Selected candidates for the PNB LBO position must sign an Indemnity Bond agreeing to work for the bank for at least 3 years. If a candidate leaves the bank before completing the 3-year service, they will have to pay ₹2,00,000 as compensation. This bond ensures the bank’s investment in training and hiring is protected, and candidates are committed to staying with the bank for the agreed duration.