Canara Bank PO Starting Salary

I want to know about the starting salary of the Canara Bank PO post so can you please give me the details of it? Tell me about the pay scale and the salary structure of it? as I want to join the post of PO in the Canara bank so please tell me how can I apply for this?

Hello sir, my uncle is selected for the PO post. Now he wants to know the starting salary for PO post at canara bank as starting salary? Please provide him?

[Raman Vij]

As wage revision (10th Bipartite Settlement) settled at 15 % hike. So, following would be the new pay structure of newly joined Probationary Officer (PO) Salary and the officer who are in first year of Probation period in Canara Bank.


Salary Other places in Area I
(State Capitals etc) Other places (District level and Rural Places)

Basic 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
I -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

Gr Total Rs. 37,072.00 Rs. 36,716.00 Rs. 36,118.00




New Salary of PO after Wage/salary Revision of 15 % in Canara Bank

New Salary of PO after Wage Revision in Canara Bank
Present Hike 15%
Corresponding Basic 26705
Current Basic 14500
Current DA % 109.8 15921
Corresponding Revised DA % (33.1) 8839.36
Current HRA % 6.5 942.5
Corresponding HRA % (7.475) 1996.2