Salary of MD&CEO of UCO Bank, Check Salary, Allowances, PLI and Job Benefits

UCO Bank is one of the leadings public sector banks in India. Let’s have a look at the salary offered by UCO Bank to MD&CEO and EDs.

Salary of MD&CEO and ED of UCO Bank 2024-25

The MD&CEO of UCO Bank received salary of Rs.49.85 lakhs for financial year 2024-25. In 2023-24, salary of Rs.32.60 lakhs was paid to MD&CEO of UCO Bank. This marks an increase of approximately 52.91% in salary of MD&CEO of UCO Bank.

Details	2024–2025	2023–2024
Shri Ashwani Kumar (Managing Director & Chief Executive Officer)	49.85	32.60
Shri Rajendra Saboo (Executive Director)	44.48	37.82
Shri Vijay N Kamble (Executive Director)	39.39	15.84

Details	Salary Hike
Shri Ashwani Kumar (Managing Director & Chief Executive Officer)	52.91%
Shri Rajendra Saboo (Executive Director)	17.61%
Shri Vijay N Kamble (Executive Director)	148.66%

Salary of Board Directors of UCO Bank

Category	Number (Male)	Median Remuneration (Male)	Number (Female)	Median Remuneration (Female)
Board of Directors (BoD)	3	3,05,189	0	0
Key Managerial Personnel (KMP)	2	2,18,328	0	0
Employees other than BoD and KMP	14,908	1,11,508	6,136	99,525