Salary Structure of Bank PO in Syndicate Bank - 2017 2018 Student Forum
 

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Old 27th April 2016, 04:28 PM
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Default Salary Structure of Bank PO in Syndicate Bank

Hello sir would you please provide me information about Salary Structure of Bank PO in Syndicate Bank please make it fast for me
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Old 27th April 2016, 04:30 PM
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Default Re: Salary Structure of Bank PO in Syndicate Bank

Bank PO’s salary or Bank Probationary officer’s starting salary in most of public sector banks and even in some private banks is same.

The revised salary as on 1st January 2016 will be as per Scale I given below:

Scale I -
23700 -
(980 x 7 ) -
30560 -
(1145 x 2 ) -
32850 -
(1310 x 7) -
42020

(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%



PO Pay Scale at Joining Time Syndicate Bank

Pay scale
Major A class cities: Metro Cities
Other places in Area a (State Capitals etc)
Other places (dist. level & Rural Places)
Basic
2000
Salary
Rs.14500.00
Rs. 14500.00
Rs.14500.00
Dearness Allowance (110.10%)
Rs. 15964.50
Rs. 15964.50
Rs. 15964.50
CCA(4% max Rs.540=)
Rs. 540.00
Rs.375.00
nil
HRA (Major A class cities – 8.5%, Other places in Area A -7.5%, Other places – 6.5%)
Rs.1232.50
Rs.1087.50
Rs.942.50
Total
Rs. 32237.00
Rs. 31927.00
Rs. 31407.00

Add 15 % increase in pay slip as per new settlement which is expected to be implemented from June 2015(W.E.F. Nov 2012)
Rs.4835.00
Rs.4789.00
Rs.4711.00
Gr Total
Rs. 37,072.00
Rs. 36,716.00
Rs. 36,118.00

Contact Detail

SyndicateBank
Head Office
Door No. 16/355 & 16/365A
Manipal - 576 104
Udupi District
Karnataka State (India)
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