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13th June 2016, 06:27 PM
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Join Date: Mar 2013
Re: Total Salary Of PO In State Bank Of India

I will tell you the pay scale of Probationary Officer in State Bank Of India so that you can go through it and check it easily.

Here I’m telling you tentative pay scale
Scale I -23700 -(980 x 7 ) -30560 -(1145 x 2 ) -32850 -(1310 x 7) -42020

Other Benefits
(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.

The new revised current DA (for the month of May 2016, June 2016 and July 2016 is 41.90% of the Basic Pay). DA can go up with higher inflation and also come down if the inflation rate is in negative.

(b) Special Allowance : This has been added in 10th BPS (wef 01/11/2012) 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%

Perks for PO
(a) Leased Accommodation

(b) Travelling Allowance

(c) Newspaper Reimbursement

(d) Medical Aid

(e) Coverage under New Pension Scheme


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