Union Bank of India SO Exam Details 2026

The selection process for **Union Bank of India SO** is conducted in the following stages:\n1. **Written Online Examination (CBT)**: Qualifying objective test.\n2. **Skill Test / Physical Test**: (For specific posts like Clerk or Constable).\n3. **Document Verification**: Detailed check of academic qualifications and category certificates.\n4. **Medical Fitness Test**: Standard government medical examination.

The recruitment written exam covers:\n- **General Intelligence & Reasoning**: Verbal and non-verbal reasoning, series, coding-decoding, puzzles.\n- **Quantitative Aptitude**: Arithmetic, algebra, geometry, data interpretation.\n- **General English**: Vocabulary, grammar, reading comprehension, error spotting.\n- **General Awareness**: Current affairs, Indian history, geography, polity, and general science.

### Written Exam Scheme\n- **Mode**: Computer Based Test (CBT).\n- **Type**: Multiple Choice Questions (MCQs).\n- **Duration**: 120 Minutes.\n- **Negative Marking**: 0.25 marks deducted for each incorrect answer.

Candidates recruited for the **SO** post will receive the following pay scale:\n- **Salary Pay Scale**: **₹48,480 - ₹85,920**\n- **Allowances**: Dearness Allowance (DA), House Rent Allowance (HRA), Transport Allowance (TA), and medical benefits.

Union Bank of India, a premier Public Sector Bank with its Central Office in Mumbai and a robust nationwide and overseas presence, has officially invited online applications for recruitment to the Specialized Segment post of Wealth Manager. The recruitment is being carried out at the Middle Management Grade Scale–II (MMGS II) level.

| Post | Scale / Grade | Basic Pay Scale | Total Vacancies |

| --- | --- | --- | --- |

| Wealth Manager | MMGS – II | ₹64820–2340(1)–67160–2680(10)–₹93960 | 250 |

Check the final Union Bank of India SO Result on the official website

In addition to the lucrative basic pay, MMGS-II officers are entitled to comprehensive perks such as DA, special allowances, accommodation benefits, travel reimbursements, LFC, medical cover, and various other perquisites—ensuring a high-quality professional lifestyle.

| Perk / Allowance | Details | Dearness Allowance (DA) | Payable as per the prevailing bank norms | Special Allowance |

| --- | --- | --- | --- | --- |

| Additional allowance over and above basic pay | Other Allowances | Includes various entitlements as per bank regulations | Residential Quarters / Lease Rent | |

| Eligible for bank quarters or lease rent in lieu of accommodation | Conveyance Reimbursement | For official travel and commuting expenses | Mobile Expense Reimbursement | |

| Coverage of mobile phone bills incurred for official use | Leave Fare Concession (LFC) | Entitlement for leave travel expenses as per policy | Medical & Hospitalization Reimbursement | |

| Covers healthcare expenses for self and eligible dependents | Other Perquisites | Includes additional benefits as per the bank’s prevailing policies | | |

Check the Union Bank of India SO syllabus in depth to know the topics asked in the exam.

The estimated Cost to Company (CTC) for a Wealth Manager at the MMGS-II level in Mumbai is around ₹21 lakh per year. However, this amount can vary based on the posting location, individual entitlements, and other specific factors.

| Component | Details | Approximate CTC (Mumbai Posting) |

| --- | --- | --- |

| ₹21.00 Lakhs per annum | May Vary Based On | |

| - Posting Location- Benefits Availed- Case-by-Case Adjustments | | |

The in-hand salary of a Union Bank of India Specialist Officer (Wealth Manager) in MMGS-II scale is approximately ₹1.30 to ₹1.45 lakh per month after deductions, based on the official CTC of ₹21 lakh per annum mentioned in the notification. This salary includes various perks such as Dearness Allowance, Special Allowance, HRA or leased accommodation benefits, medical reimbursement, conveyance and mobile expense allowances, and Leave Fare Concession (LFC). The exact in-hand amount may vary depending on the posting location and individual deductions like income tax and NPS contributions, but overall, it offers one of the most attractive pay packages among public sector banks.

Read in detail the Union Bank of India SO Eligibility Criteria to know about Age Limit here.

Newly appointed Wealth Managers (MMGS-II) in Union Bank of India are required to undergo a probation period of 2 years from the date of joining. During this period, their performance, conduct, and overall suitability for the role are closely monitored by the bank. This phase is critical for evaluating the candidate’s readiness and competence to take on the responsibilities of a Specialist Officer in the Wealth Management segment.

In addition to the probation, selected candidates are required to execute a service bond committing to serve the bank for a minimum of 3 years. If a candidate resigns or abandons service before completing this period, they are liable to pay a penalty of ₹2.5 lakhs plus applicable taxes. This clause ensures that the bank retains trained professionals who can contribute effectively to its specialized services and long-term goals.

Check the Union Bank of India SO Cut Off for Previous Years information here.

Know how to download your Union Bank of India SO Admit Card here.

To be eligible for recruitment through **Union Bank of India SO**, candidates must meet the following official criteria:\n- **Educational Qualification**: Must possess a **Graduate/Post Graduate** in a relevant field.\n- **Age Limit**: Candidates must be between **18 and 30 years** of age. Standard age relaxations apply for OBC, SC, ST, and PwD categories as per government rules.

The age relaxation facilities are available for the reserved category candidates, as per the rules of the Government. We have drafted the detailed age relaxation figures for the reserved category candidates in the below table.

| Category | Age Relaxation |

| --- | --- |

| Scheduled Caste / Scheduled Tribe (SC/ST) | |

| 5 years | |

| Other Backward Classes (Non-Creamy Layer) (OBC-NCL) | |

| 3 years | |

| Persons with Benchmark Disabilities (PwBD) | |

| 10 years | |

| Ex-Servicemen (including ECOs/SSCOs with 5 years’ service) | |

| 5 years | |

| Persons affected by the 1984 riots | |

| 5 years | |

Check the final Union Bank of India SO Result on the official website

Candidates who meet the age limit criteria must also fulfill the educational qualification in order to apply for Union Bank SO recruitment 2025. The educational qualification for Union Bank Specialist Officers varies for different posts, the table below shows details for all posts.

| Post Code | Name of Post & Scale | Educational Qualification |

| --- | --- | --- |

| 01 | Assistant Manager (Credit) JMGS I | |

| - Graduate in any discipline from a recognized University/Institution approved by Govt. of India/Regulatory bodies <br> AND <br> - CA/CMA(ICWA)/CS <br> OR <br> - Full-time regular MBA/MMS/PGDM/PGDBM (Finance) with at least 60% marks (55% for SC/ST/OBC/PwBD). <br> Note: MBA-type courses must be full-time 2 years with Finance as major specialization in case of dual specializations. | 02 | |

| Assistant Manager (IT) JMGS I | - Full-time B.E./BTech/MCA/MSc (IT)/MS/MTech/5-year Integrated MTech in Computer Science/IT/Electronics & related fields from recognized institution. | |

Desirable Certifications:

Cloud (AWS/Azure/GCP), CCSP, CCNA, CEH, CISA, CISM, CRISC, CISSP, Google/Microsoft Data Analytics, AWS/Google Cloud Data Engineer, SAS, Python, R, OCA/OCP/MSSQL, API tools (APIGEE/MuleSoft or equivalent).

Learn about the in-hand Union Bank SO Salary here in detailed manner.

Regarding the number of attempts a candidate can take for the Union Bank SO recruitment, there is no such limit. Candidates can apply for the Union Bank Specialist Officers post by fulfilling the age limit and educational qualification set by the conducting authority. If the conducting body intimates any information about the number of attempts a candidate can give in the examination, it will be updated on our portal.

Check your Union Bank of India SO final marks using the official Union Bank of India SO Answer Key here.

We hope that candidates meet the Union Bank SO eligibility criteria and apply for this recruitment. Download our Testbook App from the Google play store for free, and get detailed information about various upcoming examinations and also get the study material for the preparation of the competitive examination.