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Old 14th November 2017, 02:36 PM
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Default Re: Bank Of India PO Salary Slip

Bank of India is commercial bank with headquarters at Bandra Kurla complex, Mumbai. Founded in 1906, it has been government-owned since nationalisation in 1969. However, some branches are individually owned, such as Kandia, Indonesia, etc.

The Pay Scale of the PO Post in the Bank of India is given below


Basic Pay: 23700

Dearness Allowance (DA) : 7986 (33.7 % of Basic Pay)

House Rent Allowance (HRA): 1659 (7 % of Basic Pay)

DA on Special Allowance: 618.98 (33.7 % of Special Allowance)

Special Allowance: 1836.75 (7.75 % of Basic Pay)


Special Allowance/Pay:

For Officer Scale I,II,II:

@ 7.75 %
+ DA @ 33.70%
For Officer Scale IV & V: @ 10 % + DA @ 33.70%
For Officer Scale VI & VII: 11 % + DA @ 33.70%
City Compensatory Allowance (CCA For Metro Cities) :
Lower CCA 3% Maximum of Rs.600/-
Higher CCA 4% Maximum of Rs.870/
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