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7th April 2016, 11:12 AM
Super Moderator
 
Join Date: May 2012
Re: Vijaya Bank Clerks

As you have asked about the Vijaya Bank clerks salary structure, I am giving
you some information about it, check below for the details

Bank clerk salary and allowances for all PSU Bank employees is same.

Bank clerk have to perform cashier duties as per the branch requirement.

Banks will provide cashier allowance.

Salary Structure:
7200-(400/3)-8400-(500/3)-9900-(600/4)-12300-(700/7)-17200-(1300/1)-18500-(800/1)-19300

Basic Pay - In this scale, 7200 is the basic pay. Almost all Commercial banks
are giving graduation allowance i.e., 2 increments of Rs.400/-.

So, the basic pay for newly joined bank clerk is 8000. After completion of 1
year service, you will get 1 increment of Rs.400/- As you get total 3
increment by the end of one year service, 2nd year increment will be 500 for next 3 years.

This is how the increments will follow as per the pay scale mentioned above.

Dearness Allowance (DA) - DA is determined based upon the Consumer price index (AICPN). It is revised for every 3 months


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) - 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.

Medical Aid - Medical Aid allowance is provided annually. It is Rs. 2000 for clerk



Average salary for bank clerk is Rs.15,000/-. Bank clerk average salary is

not same for all banks.
Bank clerk salary in hand is 14,000/- after deductions.


To arrive at bank clerk in hand salary, you have to deduct provident fund,
professional tax and others.


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