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  #2  
7th November 2015, 04:41 PM
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Re: Dena Bank Po Starting Salary

Hi, is there any one can give me some info about the starting salary of PO employee. According to Dena bank which Starting Salary will decided for PO?
  #3  
7th November 2015, 04:45 PM
Super Moderator
 
Join Date: Aug 2012
Re: Dena Bank Po Starting Salary

Dena bank has decided salary package to our PO is 25000/- starting from joining.
Here some different salary packages are described in scale of pay. Scale 1 is for PO:

Scales of Pay:

Scale I -23700 -980 -30560 -1145 -32850 -1310-42020
Scale II -31705 -1145 -32850 -1310 -45950
Scale III -42020 -1310 -48570 -1460 -51490
Scale IV -50030 -1460 -55870 -1650 -59170
Scale V -59170 -1650 -62470 -1800 -66070
Scale VI -68680 -1960 -76520
Scale VII -76520 -2120 -85000

PO Salary at Joining :

Salary Major A class Other places Other places
cities :Metro Cities Area I(State Capitals etc) (District level and
Rural Places)
Basic Salary Rs.14500.00 Rs.14500.00 Rs.14500.00

Dearness Allowance Rs. 15964.50 Rs. 15964.50 Rs.15964.50
(110.10%)
CCA(4% max Rs.540=)Rs. 540.00 Rs.375.00 nil
HRA (Major A class Rs.1232.50 Rs.1087.50 Rs.942.50
cities - 8.5%,
Other places in
Area I -7.5%,
Other places - 6.5%)
Total Rs. 32237.00 Rs. 31927.00 Rs. 31407.00
Add 15 % increaseRs.4835.00 Rs.4789.00 Rs.4711.00
in pay slip as per
new settlement
which is expected
to be implemented
from June 2015(w.e.f. Nov 2012)
Gr Total Rs. 37,072.00 Rs. 36,716.00 Rs. 36,118.00

Facilities: Dena bank provide the facilities to our employee. Bank Leased Housing Accommodation, Travelling Allowance, News Paper, Cleaning Materials, Business Development Expenses, Medical Aids etc.


According to Dena bank Scales are decided most of different scales are here

SCALES of Bank PO

JMGS-I - Rs.14, 500/- TO Rs.31, 500/-@
MMGS-II - Rs.19, 400/- TO Rs.34, 200/-@
MMGS-III - Rs.25, 700/- TO Rs.35, 100/-@
@including two additional stagnation increments
SMGS-IV - Rs.30, 600/- TO Rs.36, 200/-
SMGS-V - Rs.36, 200/- TO Rs.40, 400/-
TEG-VI - Rs.42,000/- TO Rs.46,800/-
TEG-VII - Rs.46,800/- TO Rs.52,000/-

Dena bank decide salary package after Wage Revision for post po:

New Salary of PO after Wage Revision in Dena Bank
Present Hike 15%
Current Basic 14500
Current DA % 109.8 15921
Current HRA % 6.5 942.5
Current Gross Salary 31364
Current NPS Contribution 3042.1
Current Net Salary 28321
Corresponding Basic 26705
Corresponding Revised DA % (33.1) 8839.36
Corresponding HRA % (7.475) 1996.2
Corresponding Gross Salary 37541
Corresponding Revised NPS Contribution 3554.44
Corresponding Revised Net Salary 33986


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