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  #1  
11th May 2015, 02:52 PM
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Syndicate Bank PO CTC

Will you please give me some information about the Cost to Company (CTC) for Bank Probationary Officers in the Syndicate Bank? Also give me some other information related to this? Is the Cost to Company (CTC) for PO in different banks are different?
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  #2  
4th December 2015, 02:40 PM
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Re: Syndicate Bank PO CTC

Hello sir I am Vikram and I am here as I want to know what is the CTC/Salary given to Probationary officer in Syndicate Bank???
  #3  
4th December 2015, 02:42 PM
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Join Date: Apr 2013
Re: Syndicate Bank PO CTC

Syndicate Bank is one of the oldest and major commercial banks of India.
It was founded by T M A Pai, Upendra Pai and Vaman Kudva.
The starting Basic Pay of a Bank Probationary officer / PO in will be Rs.23,700/
Apart from this other major allowances payable on monthly basis as part of the salary to bank PO such as:
(a) Dearness Allowance (DA): DA in banks is revised on quarterly basis (i.e. in the months of February, May, August and November) based on the CPI as declared by Government of India.
(b) Special Allowance: This has been added in 10th BPS and for scale I is 7.75% on which DA is also payable
(c) HRA: This depends on the place of posting and it can be either 9.0% or 8.0% or 7.0% depending on the place of posting.
(d) CCA: This also depends on the place of posting and can be either 4% (maximum Rs.870/-) or 3 %( Maximum Rs.600/-) or 0%
Hence the total salary given will include:


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