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21st December 2016, 10:24 AM
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Join Date: Mar 2013
Re: Result Of Corporation Bank Clerk Exam

Corporation Bank conducts the exam for the post of Probationary officers (PO) / MT ,Clerk and for other vacancies

Result Of Corporation Bank Clerk Exam



Salary details:

IBPS Clerk will place the clerk in the following scale:

Rs. 11765 – (655×3) – 13730 – (815×3) – 16175 – (980×4) – 20095 – (1145×7) – 28110 – (2120×1) – 30230 – (1310×1) – 31540

Apart from Basic Pay, as a clerk in PSBs you will get the following allowances:

(a) Dearness Allowance (DA): DA 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 has been fixed at 39.40% of the Basic Pay). When inflation is high, DA goes up and vice versa.

(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.

Thus, the initial Basic Pay of a clerk will be Rs.18,100 – 19,800 including allowances.

Promotion of clerks to officer cadre

To Trainee officer

After three years of service, a clerk can become trainee officer after clearing written test and interview. Such clerks are put under probation for a period of two years. After successful completion of probation, the trainee officer based on performance will be either recruited into MMGS-II cadre or sent back to clerical cadre.

Directly to JMGS-I
After six years of service under fast track promotion channel or after twelve years of service under normal promotion channel, a clerk can become a JMGS-Scale1 officer, after clearing a written test and interview, subject to upper age limit.


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