MSC Bank Salary 2022: Check Salary Structure Details

MSC Bank Salary 2022: The information regarding MSC Bank Salary 2022 has been discussed here in this article. This article will be useful for the candidates who have applied for the post of Grade II and Junior Officer (Specialized Officers) in the Treasury Department under MSC bank. This article contains information regarding the MSC bank officer grade 2 salary which will make the candidates choose the job offered by the MSC Bank. The salary structure and pay scale of MSC Bank Salary 2022 have been discussed below for the convenience of the aspirants who are applying for the posts of Grade II and Junior Officer in MSC Bank. The MSC bank officer grade 2 salary structure is one of the best factors that make the candidates choose this job. Though thousands of candidates apply for the posts only a total of 8 vacancies will be filled under the post of Grade II and Junior Officer. Before attending the MSC Bank exam the candidates have a detailed view of the MSC Bank Salary 2022. Here we provide a clear view of the pay scale, allowances, job profile, promotions along with MSC Bank Salary 2022.

 

MSC Bank Recruitment 2022

 

MSC Bank Salary 2022: Exam Overview

The Maharashtra State Co-operative Bank Ltd., (MSC Bank) Mumbai, a scheduled Bank is the leading Apex Cooperative Bank in Maharashtra State, established in 1911. The Bank is operating through its Head Office in Mumbai, 6 Regional Offices, and 57 Branches in Maharashtra. The Bank invites Online applications from residents of Maharashtra State only for the Post of Officer Grade-II and Junior Officer (Specialized Officers) in the Treasury Department of the Bank.

 

MSC Bank Recruitment 2022

Name of the Recruitment 

MSC Bank Recruitment

Examination conducting Organization

Maharashtra State Co-operative Bank

Name of the Exam 

MSC Bank exam

Type of the Bank 

Co-operative Bank

Post

Grade II and Junior Officer (Specialized Officers) in the Treasury Department

Vacancies

Job Location

Across Maharashtra

Mode of Application 

Online 

Application Fee

1770/-

Application Process

Online

Selection Process

  • Online (Written) examination
  •  Personal Interview

Mode of exam 

Online

Salary

Rs.60,000/- for Domestic Dealer and Forex Dealer.

Rs. 45,000/ for Back Office/Mid Office Junior Officer 

Official Website

mscbank.com

 

Download MSC Bank Syllabus 2022 and Exam Pattern

 

MSC Bank Salary 2022:

Candidates who have applied for the recruitment by the Maharashtra State Cooperative Bank and get selected for the post will receive a pretty good salary along with various perks and benefits. The candidates who are interested in applying for Grade II and Junior Officer (Specialized Officers) posts can read further to know the MSC bank Salary Structure.



MSC Bank Salary 2022 

Treasury Domestic Dealer( Officer Grade 2)

Rs.60,000

Treasury Forex Dealer

Rs.60,000

Treasury Mid Office/Back Office

Rs.45,000



MSC Bank Officer Grade 2 Salary in Hand

The received salary by the Maharashtra State Co-operative Bank is a good amount and it increases with promotion and career growth. The Maharashtra State Co-operative Bank's in-hand salary ranges from Rs.45000 to Rs.60000 approximately per month.

 

MSC Bank Salary Slip:

After the completion of every payment cycle, the employees receive the MSC Bank salary slip stating information regarding their salary deductions and allowances. This salary slip provides candidates with details about their MSC Bank salary structure. The MSC Bank salary slip can be used to avail of loans and while filling the annual Income Tax form.

 

Perks and Allowances:

Maharashtra State Co-operative Bank enjoys other allowances along with a handsome amount of salary. The details of Maharashtra State Co-operative Bank allowances are as follows:

  • Dearness Allowance(DA)
  • Variable Dearness Allowance(VDA)
  • City Compensatory Allowance(CCA)
  • Provident Fund (PF)

 

Job Profile:

  • Pricing and costing of treasury and bank products and services in line with market requirements.
  • Developing income in line with set targets.
  • Liquidity management via monitoring maturing money market assets and liabilities to decide funding gaps.
  • Mobilizing deposits through business development from new and existing clients and effectively investing in different treasury products.
  • Investment of short term cash surpluses in money market instruments and creating investment recommendations to the Head of Treasury,
  • Managing tenders and trading treasury financial tools such as treasury bills and treasury bonds.
  • Keeping good relationships with all interbank counterparties and stakeholders such as customers, regulators, institutional investors, and internal staff.
  • Efficiently handling the bank’s cash and day-to-day liquidity to support the business needs.
  • Organizing management reports such as Asset and Liability Committee (ALCO) reports.
  • Organizing the bank’s liquidity reports, monitoring the bank’s liquidity ratios and trends against market conditions as well as identifying any gaps taking appropriate Treasury interventions to improve operational efficiency and profitability.
  • Setting and analyzing foreign exchange rates daily.
  • Monitoring and controlling all risks which may affect the bank and advising management on mitigates.
  • Delivering market intelligence and indicators for treasury and the bank strategy formulation process.
  • Assure regulatory/compliance with dealers’ code of conduct at all times.

 

Career Growth:

The Maharashtra State Co-operative Bank provides an opportunity for all those candidates who look forward to their careers in the bank sector. This job delivers a more reasonable scope for career development in Maharashtra State Co-operative Bank. There will be a regular promotion of candidates performing at the Maharashtra State Co-operative Bank with an increase in their salary.

 

MSC Bank Salary 2022: FAQs

Q. What is the selection process for the MSC Bank 2022?

The selection process for the MSC Bank Recruitment 2022 is Online Written Exams, interviews, and Document verification.

 

Q. What is the MSC Bank salary for the post of Treasury Forex Dealer?

The MSC Bank salary for the post of Treasury Forex Dealer ranges from Rs.45000 to Rs.60000 approximately per month.

 

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