Punjab and Sind Bank LBO Salary 2026: Job Profile, Salary Structure, and Benefits

Not specified in the post.

Educational Qualification

• Local Bank Officer (LBO) - JMGS-I: Graduation from a recognized university or equivalent.

Other Eligibility Criteria

• Proficiency in local language as required by the bank for the respective posting.
• Knowledge of banking operations and related tasks may be preferred depending on the bank’s norms.

Important Dates

• Updated: March 31, 2026
• Last date for related recruitment notices announced in the listing: 20-04-2026

Application Fee (as per typical PSB norms)

• Fees are usually applicable for general/other categories as per official notification. Specific fee details are not provided in the current post.

Additional Notes

• The salary figures include the initial basic pay plus three increments within the specified JMGS-I pay scale (Rs. 48,480 - 85,920 with intermediate increments).
• Gross salary comprises basic pay, DA, HRA/Leased accommodation, CCA, and other relevant perquisites as per bank norms.
• A 6-month probation period and a 3-year service bond are part of the employment terms. Promotion prospects follow the bank’s standard policy, with potential progression to MMGS-II and beyond based on performance, seniority, and internal examinations. Certifications like JAIIB/CAIIB may accelerate promotions.
• The content is based on official notifications and commonly observed terms for PSB LBO recruitment; verify details in the official notification for the latest updates.