Indian Bank Clerk Salary And Perks

What is the pay scale of Clerk offer by Indian Bank and also tell you about there perks and allowance so that I can remember?

[sumit]

I will tell you the pay scale of Clerk offer by Indian Bank along with perks and allowance so that you can check it.

Here I’m telling you tentative pay scale

Pay Scale:
7200–400/3-8400-500/3-9900-600/4-12300-700/7- 17200-1300/1-18500-800/1-19300

Perks and allowance

Dearness Allowance (DA) –
DA is determined based upon the Consumer price index (AICPN). It is revised for every 3 months. Feb, Mar, Apr | May, June, July | Aug, Sep, Oct | Nov, Dec, Jan. These are the quarters in which the DA will be changed according to the consumer price index.

City Compensation Allowance (CCA) - This is for those who are posted in big cities. It 4% for Metro cities and 3% for other cities.

House Rent Allowance (HRA) - HRA is also based on your place of posting. If you are working in metro cities HRA is 8.50%, some other big cities with population more than 5 lakh, it is 7.50% and in other locations it is 6.50% of basic pay. Some banks provide leased accommodation allowance in place of HRA.

Bank Clerk Allowances - Bank clerk gets very less allowances compare to Bank PO.

Medical Aid - Medical Aid allowance is provided annually. It is Rs. 2000 for clerk. It is almost same in all banks.

Petrol Bill - This is not there in all banks. Some of the banks are providing this allowance. This is variant in various banks. Banks give 10 to 20 liters of petrol.

News Paper Allowance - It is given quarterly or monthly in some banks. You can avail it for every 3 months. It is Rs. 150 to Rs. 200.

Food & Beverage Allowance - It is Rs. 200 to 250 in all PSU banks. Depends on bank.

Address:-
Indian Bank, Corporate Office,
PB No: 5555, 254-260, Avvai Shanmugam Salai,
Royapettah, Chennai - 600 014

Phone:-
044 28134300