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PNB SO Salary 2023, Pay Scale, Structure, Benefits

PNB SO Salary 2023

Punjab National Bank has published a recruitment notification for the post of Specialist Officer on its official website, It is a good opportunity for the aspirants preparing for the banking examination and every year many students participate in the recruitment drive. Candidates interested and eligible for the 240 posts of Officer, Manager, and Senior Manager should be acquainted with the PNB SO Salary. In the given article, we have discussed in detail the PNB SO Salary 2023.

PNB SO Salary, Pay Scale, Structure, Benefits

PNB SO Salary includes the basic pay along with perks and allowances. Punjab National Bank offers a lucrative amount of salary to candidates designated for the Grade/Scale JMGS I, MMGS II, and MMGS III. Other than the salary, aspirants should also be familiar with the job responsibility that they have to perform after being selected as Specialist Officers in PNB. Candidates will have many opportunities to boost their careers and rise further in their banking journey.

PNB SO Salary: Overview

To provide an easy reference to candidates, we have provided below an overview of PNB SO Salary 2023.

PNB SO Salary 2023 Overview
Organization Punjab National Bank
Recruitment PNB SO Recruitment
Exam Name PNB SO Exam 2023
Post Specialist Officer
Vacancy 240
Category Bank Job
Selection Process Online Exam, Interview
PNB SO Recruitment 2023 24 May 2023
Official Website
PNB SO 2023 Salary Check this Post in Hindi

PNB SO Salary Structure 2023

The Scale Of Pay for the various posts of Specialist Officer including Officer, Manager, and Senior Manager is discussed in the below table.

PNB SO Salary 2023
Name of the Post Scale of Pay
Officer-Credit 36000-1490/7-46430-1740/2-49910-1990/7-63840
Officer-Industry 36000-1490/7-46430-1740/2-49910-1990/7-63840
Officer-Civil Engineer 36000-1490/7-46430-1740/2-49910-1990/7-63840
Officer-Electrical Engineer 36000-1490/7-46430-1740/2-49910-1990/7-63840
Officer-Architect 36000-1490/7-46430-1740/2-49910-1990/7-63840
Officer-Economics 36000-1490/7-46430-1740/2-49910-1990/7-63840
Manager-Economics 48170-1740/1-49910-1990/10-69810
Manager-Data Scientist 48170-1740/1-49910-1990/10-69810
Senior Manager-Data Scientist 63840-1990/5-73790-2220/2-78230
Manager-Cyber Security 48170-1740/1-49910-1990/10-69810
Senior Manager-Cyber Security 63840-1990/5-73790-2220/2-78230

PNB SO Salary 2023 Benefits

The PNB SO Salary include compensation and benefits, including Dearness Allowance (DA), City Compensatory Allowance (CCA), House Rent Allowance (HRA) or leased accommodation, Leave Fare Concession, Medical Insurance, retirement benefits, and other perks, will be provided in accordance with the rules and regulations of the bank.

PNB SO Salary 2023: Indemnity Bond

Candidates should take note that upon selection, they will be required to sign an Indemnity Bond with a surety, committing to serve the Bank for a specific duration as mentioned below. If the candidate resigns, leaves, or fails to fulfill assigned duties leading to termination of service as per bank regulations before the specified period, they will be liable to reimburse the bank for any losses, costs, charges, and expenses up to the amount specified in the bond. Selected officers must complete the execution of the indemnity bond prior to joining the Bank.

PNB SO Salary 2023 Indemnity Bond
Scale Amount Of Bond  Bond Period
MMG Scale-III Rs 5.00 lakh 5 Years
MMG Scale-II Rs 3.00 lakh 3 Years
JMG Scale-I Rs 1.00 lakh 3 Years

PNB SO Salary 2023 Job Profile

Knowing the role of the job is very essential for the candidates inclined towards the PNB SO Recruitment 2023. Here, the given table include the post-wise PNB SO Job Profile.

PNB SO Job Profile 2023
Name of the Post Job Profile
Officer-Credit Corporate Credit Verticals, MSME/ Retail Credit Verticals, Trade  Finance Verticals, Finance and Taxation Division.
Officer-Industry Techno Economic Viability Study & Work related to credit/ advances of Bank.
Officer-Civil Engineer/Electrical Engineer/Architect Tasks and projects associated with the building and remodeling of structures owned by banks, Activities involved in the upkeep and repair of the buildings owned by banks, the process of acquiring necessary materials, services, and tasks required to successfully finish a job or project.
  • Providing strategic inputs for the bank’s short, medium, and long-term growth strategy by consulting with various divisions and incorporating their input.
  • Overseeing capital, topline, and profit planning activities in alignment with the bank’s strategy, and outlining the business plan accordingly.
  • Explaining industry and geographical trends, and recommending appropriate strategies to the top management based on these insights.
  • Benchmarking the bank’s performance against industry and peer groups, studying sectoral trends, and providing decision-making support.
  • Conducting balance sheet analysis and suggesting the right mix of business activities to maximize returns while remaining aligned with the bank’s objectives.
  • Analyzing industry projections and future trends, evaluating economic and financial developments at national and international levels, and assessing their impact on markets, asset classes, and the bank’s operations.

  • Conducting detailed studies on opportunities for branch expansion in different regions/geographies, as well as viability studies of business units.
  • Providing relevant information and valuable inputs to the management for engagements with regulators, investors, analyst groups, investment banks, rating agencies, etc.
  • Monitoring macroeconomic developments and industry information, particularly focusing on monetary and fiscal policies.
  • Ensuring access to reliable, accurate, and timely information, and continuously analyzing economic data provided by authorities such as the Ministry, RBI, SEBI, and World Bank.

Manager-Data Scientist/Senior Manager-Data Scientist
  • Implementing AI/ML/NLP models for enhanced customer experience, increased revenue generation, and optimization.
  • Creating and deploying predictive and prescriptive models to improve customer experience and revenue generation.
  • Developing tools and processes to monitor and analyze model performance.
  • Conducting data mining and hypothesis generation in collaboration with divisions.
  • Analyzing data trends and providing actionable recommendations to business and control divisions for performance improvement.
  • Providing insights on leading and lagging indicators within the business to enable effective decision-making.
Manager-Cyber Security/Senior Manager-Cyber Security
  • Will work in shift duties, including night shifts, in Cyber Security Centre of Excellence (CCoE), Cyber Security Analytics Centre, or Security Operations Center (SOC).

  • Responsible for managing and operating the Cyber Security Operations Centre (C-SOC) and Security Information and Event Management (SIEM) solution.

  • Involved in analyzing cyber security incidents and managing them effectively.
  • Responsible for monitoring and managing perimeter security components such as firewalls, network intrusion prevention systems (NIPS), distributed denial-of-service (DDoS)/web application firewalls (WAF), application delivery controllers (ADC), and other preventive and detective cyber security components.
  • Expected to perform any other tasks assigned as per the organization’s requirements.

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What is the PNB SO Salary 2023?

The PNB SO Salary 2023 depends on the post.

Where can I get the detailed PNB SO Salary 2023?

The detailed PNB SO Salary 2023 is discussed in the given article.

What are the perks and allowances included in the PNB SO Salary 2023?

The perks and allowances included in the PNB SO Salary 2023 are Dearness Allowance (DA), City Compensatory Allowance (CCA), House Rent Allowance (HRA) or leased accommodation, Leave Fare Concession, Medical Insurance, retirement benefits, and other perks.

What is the Job Profile of a Specialist Officer in PNB?

The Job Profile of a Specialist Officer in PNB is mentioned in this post.

Is there any bond amount in PNB SO?

Yes, there is a bond amount in PNB SO.

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