#1
2nd August 2014, 12:18 PM
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Bank PO Salary
I want to know bank Probationary Officer salary structure, will you please provide here???
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#2
2nd August 2014, 01:26 PM
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Re: Bank PO Salary
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. |
#3
19th December 2015, 02:37 PM
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Re: Bank PO Salary
Hello , I wanted to know about Bank PO salary , would you please provides me complete information regarding to bank PO salary
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#4
19th December 2015, 02:38 PM
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Re: Bank PO Salary
All banks gives higher salary to their PO , we provides you complete information related to bank PO salary PAY: \The starting basic pay is 16,900/-(with 4 increments) in the scale of 14500-600/ 7-18700-700/2-20100-800/7-25700 applicable to Junior Management Grade Scale I. The official will also be eligible for D.A, H.R.A & C.C.A as per rules in force from time to time. The compensation per annum at Mumbai is around Rs. 8,40,000/-. The breakup of monthly compensation is as under: Cash Component - 34,320/- Bank's contribution to PF - 1,690/- Housing (Lease Rental) - 29,500/- ` Perquisites (Conveyance, Newspapers, Entertainment allowance, House & Furniture Maintenance etc. 4,130/- `In addition, the officers are also entitled to other benefits like ā (i) Medical Aid for self (100%) and for family (75%) (ii) Home Travel Concession/Leave Fare Concession (iii) Concessional Interest Rates for Housing/Car/Personal Loans Pay Scale: The starting basic pay of a Probationary Officer is Rs 16,900/- (with 4 increments) in the scale of Rs 14500-600/7-18700-700/2-20100-800/7-25700. Dearness Allowance: Apart from the basic salary a Probationary Officer is also eligible for Dearness Allowance or D.A. which is currently 80.25% of basic salary hence one will HRA and CCA: Apart from the Basic salary and Dearness Allowance a Probationary Officer is also entitled for House Rent Allowance (HRA) and City Compensatory Allowance (CCA). While the HRA ranges from 7.50% to 15% of the basic salary newspaper allowance, Lease Rent Facility: Probationary Officers are also entitled for attractive Lease Rent Facility. An Officer is entitled for Leased accommodation ranging from Rs 8000.00 in āCā category Centers to Rs 29500.00 in Mumbai Centre. Furniture and Fixtures: Probationary Officers are also entitled for purchasing Furniture and Fixtures of Rs. 90000.00 for their home. Medical Facility: Medical facility in SBI is also very attractive. Medical Aid for self is 100% and for the family is 75% it means that 100% of your medical bills will be reimbursed by the bank for you and 75% for your family members, subject to the bank norms. Provident Fund: The officers are required to make 10% of their basic pay as contribution to Provident Fund and the Bank also makes matching contribution to the Employees Provident Fund. Concessional Loans to Bank Officers: Bank also provides concessional interest rates for Housing/Car/Personal Loans. Newspaper Reimbursement: A fixed monthly amount is paid towards the cost of one newspaper. Maid Allowance: A fixed monthly amount is paid toward the allowance of the maid, which is generally Rs. 50/day. |
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