Indian Bank PO Salary and Perks

I want to pursue my career as a Probationary Officer in Indian Bank . Will you please provide the information regarding the Salary Details & Pay Structure of Probationary Officer ?

[Kiran Chandar]

To become a Probationary Officer at Indian Bank applicants must have completed Graduation in any discipline from a recognized University .

Pay Scale –

Major A Class Cities Area - I Other Areas
Basic Pay 23700.00 23700.00 23700.00

Special Allowance 1836.75 1836.75 1836.75

DA 8605.88 8605.88 8605.88

CCA 870.00 600.00

Transport Allowance 0.00 0.00 0.00

Total (without HRA)35012.63 34742.63 34142.63

HRA 2133.00 1896.00 1659.00

Gross with HRA 37145.63 36638.63 35801.63

The total salary of a probationary officer who has to join in rural area will be about Rs 35800/- .

The total salary of a probationary officer on joining at a metro station will be around Rs.37145/-.

Hii Buddy , Before Apply for in Indian Bank PO Exam I want to know Indian Bank PO Salary and Perks facilities Details , Can you please give me information for same ?

[Raman Vij]

Friend for your help ,Here I am providing Indian Bank PO Post Salary and Perks Facilities Details :

Basic Salary :

Major A class cities :Metro Cities
Rs.14500.00

Other places in Area I(State Capitals etc)
Rs.14500.00

Other places (District level and Rural Places)
Rs.14500.00

In addition to Basic Pay, bank officers (i.e. Probationary officers / PO / Management Trainees) are eligible for the following allowances :-

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.

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

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.

CCA :

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

For Complete Detailed Information here I am uploading pdf file Have a Look :

Bank Probationary Officer Bank PO Post Starting Salary, Perk and Facilities