In Hand Salary of Bank of Baroda PO

I want to build my career in the banking line and for this I have decided to join Bank of Baroda for the PO Post. Will you please tell me what the salary package of Bank of Baroda PO and what the in Hand Salary and other perks given to this post of BOB?

[Shaleen]

As per your query here I am providing you the details of in hand salary of Bank of Baroda PO salary please check the below details:

Major A Class Cities

Basic Pay 23700
Special Allowance 1836.75
DA 8605.88
CCA 870
Transport Allowance 0

Total (without HRA) 35012.63

HRA 2133
Gross with HRA 37145.63

Other perks:

SCALES of Bank PO

JMGS-I - Rs.14, 500/- TO Rs.31, 500/-@
MMGS-II - Rs.19, 400/- TO Rs.34, 200/-@
MMGS-III - Rs.25, 700/- TO Rs.35, 100/-@

@including two additional stagnation increments

SMGS-IV - Rs.30, 600/- TO Rs.36, 200/-
SMGS-V - Rs.36, 200/- TO Rs.40, 400/-
TEG-VI - Rs.42,000/- TO Rs.46,800/-
TEG-VII - Rs.46,800/- TO Rs.52,000/-

DEARNESS ALLOWANCE

For every 4 points rise/fall in index, Dearness Allowance at 0.15% per slab.

CITY COMPENSATARY ALLOWANCE

CCA rates are as under:

Places in Area I - 4% of Basic Pay, Max. Rs.540/-p.m.

Places with population of more than 5 lacs - 3% of Basic Pay,

Max. Rs.375/-p.m.

HOUSE RENT ALLOWANCE

The existing rate of HRA as under:

Major A class cities - 8.5%

Other places in Area I - 7.5%

Other places - 6.5%

MEDICAL AID –

Scale I to III – Rs. 5100/- p.a.
Scale IV & above - Rs. 6320/- p.a.