Bank of Baroda Po Starting Salary

I want to know the starting salary of PO in Bank of Baroda BOB so can you please tell me?

[Kiran Chandar]

Bank of Baroda is an Indian state-owned banking and financial services company headquartered in Vadodara in Gujarat, India. It is the second-largest bank in India.

Bank of Baroda PO Starting salary [as on 1st June, 2015 ]

Major A Class Cities Area - I Other Areas

Basic Pay 23700 23700 23700
Special Allowance 1836.75 1836.75 1836.75
DA 8605.88 8605.88 8605.88
CCA 870 600
Transport Allowance 0 0 0

Total (without HRA) 35012.63 34742.63 34142.63

HRA 2133 1896 1659

Gross with HRA 37145.63 36638.63 35801.63

In addition to Basic Pay, bank officers Probationary officers are eligible for the following allowances :-

(a) Dearness Allowance (DA) :

DA in banks is revised on quarterly basis (i.e. in the months of February, May, August and November) based on the CPI as declared by Government of India.

The new revised current DA (for the month of May 2015, June 2015 and July 2015 is 33.70% of the Basic Pay).

(b) Special Allowance :

This has been added in 10th BPS (wef 01/11/2012) and for scale I is 7.75% on which DA is also payable

(c) HRA :

This depends on the place of posting and it can be either 9.0% or 8.0% or 7.0% depending on the place of posting.

(d) CCA :

This also depends on the place of posting and can be either 4% (maximum Rs.870/-) or 3%(Maximum Rs.600/-) or 0%