The Bombay Mercantile Bank has released the notification for the recruitment of Probationary officers. The detailed information about the opening can be checked on their official website. Candidates can check payouts, allowances and other details related to the probation officer recruitment drive.
Candidates selected for The Bombay Mercantile Bank’s Probationary Officers post will have to complete a 2-year probation period before they actually get confirmation from higher authorities. The Bombay Mercantile Bank’s Probationary officer will only be required to receive an actual salary package pertaining to the job role, after 2 years only. Until then, employees will receive a salary along with the allowances and benefits as agreed for the position.
The Bombay Mercantile Bank Probationary Officer job profile describes the bank’s expectations of job responsibilities and performance. Aspiring candidates should check Bombay Mercantile Bank Probationary Officers Pay scale guidelines for more information related to salary packages, allowances, basic pay and in-hand salary.
Bombay Mercantile Bank Probationary Officer In hand Salary Scale 2025 Details
| Recruitment Agency | Bombay Mercantile co-operative Bank Ltd |
| Position | Probationary Officer |
| Monthly pay | Rs 42000 per month |
| Benefits | Dearness allowance, Travelling allowance, Mediclaim etc. |
| Official Website | www.bmcbankltd.com |
Bombay Mercantile Bank Probationary Officer in hand salary structure
Candidates applying for this PO position in a BMC bank will be designated to the Junior Manager role, Grade I. This grade denotes the officers who are designated in the entry-level officers group.
As far as in-hand salary for the PO officer is concerned, selected candidates are entitled to various allowances and benefits along with the basic pay. Here is the representation of the in-hand salary structure.
| Identifiers | Amount in Rs |
| Basic salary | 36000 |
| Dearness Allowance | 8593 |
| House Rent Allowance | 3240 |
| CCCA allowance | 1400 |
| Special allowance | 5904 |
| Other Allowance | 1552 |
| Learning allowance | 600 |
| Professional Tax (deduction) | 200 |
| NPS Deduction (Deduction) | 4459 |
| Net Salary | 52630 |
Career and growth at Bombay Mercantile Bank ltd
The selected candidates have to undergo different training and serve a probation period of 2 years. After completing the probation period, they are eligible to become assistant manager or may join some higher positions depending on their performance and skills.
During the probation period, employees receive rigorous on-job training and the management keeps on making them work hard with additional responsibilities. As the employee proceeds with the promotions, there is a substantial salary hike, ensuring individual career growth.
