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Meta title: Salary of Bank of Maharashtra Generalist Officer and Job Profile: Know The Details Here!

Meta Description: Know all the details about the Salary of the Bank of Maharashtra Generalist Officer here. Get information related to the salary structure, allowances, career growth, and more. 

Salary of Bank of Maharashtra Generalist Officer

This article contains the information regarding the salary of the Bank of Maharashtra for the post of Generalist Officer according to the previous recruitment notification. The Bank of Maharashtra Generalist Officer Salary and job profile details are important factors for the aspirants who are applying for this post. The Bank of Maharashtra has announced a total of 150 vacant seats for the post of generalist officer on scale II. Aspirants can find more details about the salary structure, annual package, and job profile of the Bank of Maharashtra Generalist Officer in this article.

  • The total bank of Maharashtra Generalist Officer salary is INR 70,000 – INR 75,000 per month plus grade pay including perks and benefits.
  • If aspirants gave any wrong information, during the application process in terms of their eligibility, their selection for the post will immediately be cancelled.
  •  Before applying for this post aspirants must check the Eligibility Criteria 

Aspirants are advised to go through this article on the Bank of Maharashtra Generalist Officer Salary to know the latest and most relevant information..

Bank of Maharashtra Generalist Officer 2021 Annual Package

The Bank of Maharashtra is the conducting body that as well announced the Bank of Maharashtra Generalist Officer Salary for the post. The recently released official notification contains all the details about the Bank of Maharashtra Generalist officer scale II. The starting basic salary of the Generalist Officer Scale-II will be INR 48,170 per month expected salary selected candidates will also have benefits of various allowances.

Bank of Maharashtra Generalist Officer 2021 – Salary Structure

The Bank of Maharashtra Generalist Officer salary structure of the post of Generalist Officer Scale-II is:-

  • Scale II is INR 48170 – (1740/1) – 49910 – (1990/10) – 69810 is the average salary.
  • The starting total salary will be INR 70,000 – INR 75,000 per month.
  • In-hand salary of the officer will be INR 62,000 – INR 67,000 per month.
  • Total salary = Pay + Grade Pay

Scale

Name of Post

Pay structure (INR)

Grade pay (INR)

Service period (in years)

Total pay (INR) (without tax deductions)

Scale-II

Generalist Officer

48,170

48,170

48,170

1,740

1

49,910

49,910

1,990

10

69,810

The Bank of Maharashtra Generalist Officer Salary has been officially announced in the recruitment notification released recently. The Bank of Maharashtra Generalist Officer Salary and job profile details are very crucial factors for the candidates to apply for the post. According to the previous notification The Bank of Maharashtra has announced a total of 150 vacant seats for the post of generalist officer on scale II. These are the salary structure, annual package, and job profile of the Bank of Maharashtra Generalist Officer in this article.

  • The total bank of Maharashtra Generalist Officer salary is INR 70,000 – INR 75,000 per month plus grade pay along with perks and benefits as determined by the Commission.
  • If it is discovered, during any point of service, that a candidate has furnished wrong information during the application process in terms of their eligibility, their selection for the post will immediately be cancelled.
  • Candidates must check the Bank of Maharashtra Generalist Officer Eligibility Criteria before they apply for the exam.

Bank of Maharashtra Generalist Officer Perks and Additional Benefits

Along with the salary, there are other additional benefits that are also provided for the post. The salary is determined according to the 7th pay commission as announced by the government. Here are some of the additional benefits:-

  • The salary offered to the employees in the post of generalist officer scale II ranges from INR 48170 – (1740/1) – 49910 – (1990/10) – 69810.
  • There are several allowances provided to the officer such as
  • Dearness allowance
  • House Rent Allowance/ lease rentals
  • City Compensatory and Medical allowance Allowance
  • Government jobs come with a sense of job security. Thus in terms of job security, the post is a lucrative opportunity for the candidates.
  •  Job Stability 

Career Growth and Promotion

The aspirants who qualify for the assessments as per the guidelines and requirements will get a permanent job in the Service of the Bank. There is also an attractive promotion policy of the bank which gives the candidates a golden opportunity to reach the Top Management Grade in less time.

Bank of Maharashtra Generalist Officer – Probation Period

After selection aspirants will undergo a probation period of one year starting from the date he/ she joins the office. In the below table the details are given for the probation period in the Bank of Maharashtra Generalist Officer.

Probation period

Bond

Amount (INR)

Minimum service period

12 months

2 lakhs

1 year

Job Profile of Bank of Maharashtra Generalist Officer 

According to the official notification, there is certain work which is expected from the employees at the post of Generalist Officer. As mentioned in the official notification, the Bank of Maharashtra Generalist Officer job profile ranges from cash management to meeting the customer needs and supervising the job rotations. Below is a list of tasks that the candidates will have to complete:-

  • Control the work of the branch-like business development, maintaining relationships between the government and the public.
  • The officers will have to carry out the crediting of proposals as well.
  • Meeting client needs and supervising job rotation
  • Maintain public relations and ensure dealing with the customers and public in person in correspondence and the telephone.
  • Ensure maintenance of a stock of security items, passbooks, publicity literature and various forms required for deposits and advance and other transactions.
  • Effective cash management.
  • Monitoring the preparation of the annual indent of security and stationery items as per norms.

FQAs Regarding salary of Generalist Officer in Bank of Maharashtra 2021

Is there any probation period in the Bank of Maharashtra for the post of  Generalist Officer?

Yes, the selected aspirants will undergo a probation period of 1 year after joining the office.

What is the In-hand salary for the post of Generalist Officer?

The in-hand salary of the officer will be INR 62,000 – INR 67,000  per month.

What is the selection process in the Bank of Maharashtra for the post of Generalist Officer?

There will be 2 stages of the selection process – written examination and interview process.

When will the employees start getting their allowances from the Bank of Maharashtra Generalist Officer?


After the completion of the online training program, candidates will get their allowances.

Is there any career growth in the Bank of Maharashtra for the post of Generalist Officer?

Yes, the aspirants who qualify for the assessments as per the guidelines and requirements will get a permanent job in the Service of the Bank. There is also an attractive promotion policy of the bank which gives the candidates a golden opportunity to reach the Top Management Grade in less time.