Central Bank of India – Specialist Officer (SO) Salary: Per Month, In-Hand Pay & Scales

Central Bank of India SO falls under the pay scale of ₹48,480 – ₹1,20,940, offering a monthly gross salary of ₹76,219 and an in-hand salary of ₹70,519. The yearly gross salary is ₹9.14 lakh, while the in-hand yearly pay is ₹8.46 lakh. The role includes allowances, offers promotions, and comes with a two-year probation period for recruits.

Abhishek Kumar

16 November 2025, 11:47 PM

*may vary as per norm
Event	Details
Pay Scale	48480 - 120940
Basic Salary	48480
Maximum Salary	1,20,940
DA Allowance	13818 (28.5% of Basic Salary)
HRA Allowance	4121
TA Allowance	800
Special Allowance	7000
Other Allowance	2000
NPS Deduction	5300 (10% of Basic Salary + DA)
Professional Tax Deduction	200
Union Fee Deduction	100
Misc. (if any) Deduction	100
Monthly Gross	76219
Yearly Gross	914628
Monthly In Hand	70519
YearlyIn Hand	846228

Note: Selected candidates will serve a probation of two years, extendable by one additional year based on performance.

Post Wise Salary

*may vary as per norm
Post Name	Pay Scale
Chief Manager (Scale IV)	₹102300 - 1,20,940
Senior Manager (Scale III)	₹85920 - 1,05,280
Manager (Scale II)	₹64820 - 93,960
Assistant Manager (Scale I)	₹48480 - 85,920

Benifits and Perks

Benefit	Status
Basic Pay
Dearness Allowance
House Rent Allowance
Transport Allowance
Special Allowance
Other Allowances
Provident Fund
Gratuity
Medical Benefits
Leave Travel Concession (LTC)
Performance
Loan Facilities
Insurance Coverage
Training & Development
Festival Bonus
Periodic Promotion