Allahabad Bank PO Pay Scale

I am planning to give the IBPS exams for joining the Allahabad Bank as a PO officer want to know about the pay scale of the PO at this bank. Can you please tell me the pay scale of the PO officer at Allahabad bank? Also tell me the other benefits provided to the PO officer?

Hello sir, what is pay scale in Allahabad bank for PO employee? Is there any one can give me Allahabad Bank PO Pay Scale?

[pooja]

Working as a bank PO or Probationary Officer in Allahabad bank is not only prestigious but also come with lucrative salary, perquisites and other benefits.

The salary of POs in Allahabad Bank is decided and revised by the IBA (Indian Banks Association) and UFBU (United Forum of Bank Unions).

The current salary for probationary officers is based on the Bipartite Settlement.

Salary Structure of a Bank PO for Fresher:

Major A Class Cities Other Places in Area I Other Places
Metro Cities (State Capital etc.) (District Level and Rural Areas)
Basic Pay 23700.00 23700.00 23700.00
Special Allowance 1836.75 1836.75 1836.75
Dearness Allowance @ 99.9% 10163.63 10163.63 10163.63
CCA (3% to 4% Max. Rs540/-) 870.00 600.00 0.00
Total Salary (Excluding HRA i.e. if Leased Accommodation is availed by the officer) Rs 36570.38 Rs 36300.38 Rs 35700.38
HRA 8.5% ; 7.5%; 6.5%* Rs 2133.00 Rs 1896.00 1659.00
Total Salary (including HRA i.e. if officer does not avail leased accommodation) Rs 38703.38 Rs 38196.38 Rs 37359.38

Perquisites and Facilities for Bank PO at the Time of Joining (per month):

A Class Cities Metropolitan Cities Area I Cities (State Capitals) Category B Places Category C Places
Leased House Rent INR 7,200 INR 5,300 INR 13,800 INR 2,800
News Paper INR 250 INR 250 INR 250 INR 250
Traveling Allowance INR 3,000 INR 3,000 INR 2,700 INR 2,300
Cleaning Materials INR 600 INR 600 INR 600 INR 600
Medical Aid INR 450 INR 450 INR 450 INR 450
Business Development Expenses INR 300 INR 300 INR 300 INR 300
Total Salary INR 11,800 INR 9,900 INR 9,400 INR 6,700

Median Pay Scale of PO as Per Cities in India:

Name of the City Average Salary
Mumbai INR 5.8 lakh
Bangalore INR 5.8 lakh
New Delhi INR 4.5 lakh
Hyderabad INR 4 lakh
Kolkata INR 2.7 lakh