Pay Scale of Clerk in Bank of India

Hello sir would you please provide me information about Pay Scale of Clerk in Bank of India

[Shaleen]

The salary of clerks in most of the public sector banks and some private banks is same and last revision has taken place on 25th May 2015 (wef November, 2012 )

Almost all public sector banks place the clerks in the following scale at the 1st stage of the grade :-

Rs. 11765 - (655x3) - 13730 - (815x3) - 16175 - (980x4) - 20095 - (1145x7) - 28110 - (2120x1) - 30230 - (1310x1) - 31540
(the figures in the brackets indicate the annual increment and the number of stages for which the same is applicable).

Thus, the initial Basic Pay of a clerk will be Rs.11765/-

In addition to Basic Pay, clerks in banks 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 current DA (for the month of May 2015; June 2015, July 2015 has been fixed at 33.70% of the Basic Pay). DA can go up with higher inflation and also come down if the inflation rate is in negative.

(b) Special Allowance: This has been added in 10th BPS (wef 01/11/2012) for clerks it 7.75% on which DA is also payable

(c) HRA: This depends on the place of posting and it can be either 10% or 9% or 7.5% depending on the place of posting.