Bank of Baroda Office Assistant Peon Salary Structure: Pay Scale, Perks, and Benefits

The Bank of Baroda (BOB) has recently announced the recruitment for the post of Office Assistant (Peon) on a regular basis in its Subordinate Cadre. The Bank of Baroda Office Assistant Peon recruitment drive for 2025 offers 500 vacancies across various states and union territories. As candidates prepare to apply for the position, one of the key aspects they are eager to understand is the salary structure, allowances, and benefits associated with the post of Peon at Bank of Baroda.

In this article, we provide a detailed breakdown of the salary structure, pay scale, allowances, and other perks offered to Office Assistants in BOB, based on the official advertisement (BOB/HRM/REC/ADVT/2025/05) released on May 2, 2025.

BOB Office Assistant (Peon) Pay Scale 2025

As per the official notification, the salary for the Office Assistant (Peon) is governed by the latest industry-wide Bipartite Settlement applicable to subordinate cadre staff. The pay scale is structured in stages, with regular increments.

The basic pay structure is as follows:

Pay Stage	Basic Pay (₹)	Increment (₹)
Initial	19,500	665
After 3 years	22,160	830
After 6 years	26,310	990
After 9 years	30,270	1170
After 12 years	33,780	1345
After 15 years	37,815	Final

This means a newly appointed peon at BOB will receive a starting basic pay of ₹19,500. With regular service and performance-based increments, the basic pay can gradually rise to ₹37,815 over a 15-year period.

Also Read: Bank of Baroda Office Assistant (Peon) Notification 2025 for 500 Vacancies Out, Apply From 3rd May

Allowances and Benefits

In addition to the basic salary, the Bank of Baroda Office Assistant Peon post includes various allowances and benefits. These components significantly increase the gross monthly and annual income of an Office Assistant.

1. Dearness Allowance (DA):

DA is revised quarterly based on the Consumer Price Index (CPI). As per prevailing rates, it typically adds 40% to 50% to the basic pay.

2. House Rent Allowance (HRA):

HRA varies based on the posting location:

• 9% of Basic Pay in metros
• 8% in major cities
• 7% in other locations

3. City Compensatory Allowance (CCA):

Applicable in selected cities, CCA ranges from ₹300 to ₹600 per month depending on the classification of the city.

4. Special Allowance:

This allowance is fixed and part of the settlement benefits. It may vary depending on the position and nature of the job.

5. Transport Allowance:

Provided monthly to support daily commuting expenses.

Additional Perks and Facilities

Apart from salary and regular allowances, BOB also extends several benefits and facilities to Peons under its welfare schemes and policies.

1. Leave Fare Concession (LFC):

Employees are eligible for travel reimbursement for themselves and their family members once in a block of four years.

2. Medical Benefits:

• Group Medical Insurance for self and dependents
• Medical Aid facility

3. Leave Encashment:

Unused leave can be encashed as per rules during retirement or resignation.

4. Defined Contributory Pension Scheme (DCPS):

All new recruits are enrolled under the DCPS as per government norms.

5. Loans and Advances at Concessional Rates:

Peons can avail of various staff loans including:

• House Building Loan
• Staff Overdraft Facility
• Conveyance Loan

6. Other Facilities:

• Group Personal Accident Insurance
• Uniform Allowance (where applicable)
• Gratuity as per Payment of Gratuity Act

Bank of Baroda Office Assistant Peon In-Hand Salary

Let’s consider an approximate in-hand salary calculation for a newly recruited Peon:

Component	Amount (₹)
Basic Pay	19,500
Dearness Allowance (approx.)	9,750 (50% of BP)
HRA (8% approx.)	1,560
Transport & Other Allowances	1,500 (approx.)
Total Gross Salary	₹32,310
Deductions (PF, Tax, etc.)	₹2,500
In-hand Salary	₹29,800

Note: This is a rough estimate and may vary depending on location and applicable policies.

Career Growth and Promotion

While Peons fall under the subordinate cadre, Bank of Baroda provides internal promotion opportunities for deserving and long-serving employees.

Growth Path:

• Peon → Head Peon → Subordinate Supervisor
• Eligible staff may also compete in internal exams to move into clerical or officer cadre after meeting educational and service qualifications.

For More About the Bank of Baroda Office Assistant Peon Details, Check Below links

Bank of Baroda Office Assistant Peon Salary Structure

Bank of Baroda Peon Office Assistant Selection Process & Exam Pattern 2025