Vijaya Bank PO Allowances
 

Tell me the starting and maximum Salary of Probationary Officer (PO) in Vijaya Bank? Also tell me the Allowances & Perks offered to Probationary Officer in this bank? Tell me the working hours and the duties of the Probationary Officer PO?

Re: Vijaya Bank PO Allowances
 

Hii, my brother is cleared in Vijaya bank PO exam that is conducted by IBPS. Now he wants to know about the vijaya bank PO allowances? Will you provide him here?

Re: Vijaya Bank PO Allowances
 

Probationary Officer is one of the most essential job profiles in vijaya bank. PO is an entry level position at which a bank officer starts working. Probationary Officer has to undergo the probation period of 2 years.

Probationary Officers is almost all the Public Sector banks are paid similar amount of salary but the facilities may differ like medical, house rent, travelling expenses and other allowances.

Here the vijaya bank PO allowance:

Salary and Allowances of POs in Vijaya Bank:

Particulars Tier 1 City Tier 2 City
Basic Salary Rs.14500 Rs.14500
Dearness Allowance (99.99%) Rs.14458.50 Rs.14458.50
CCA (4% Max = Rs. 540) Rs.540 Rs.375
HRA (Major class cities – 8.5% Other places in Area I -7.5% Other places – 6.5%) Rs.1232.50 Rs.1087
Total Rs.30758 Rs.30448

New Salary of PO after Wage/salary Revision of 15 % in Vijaya Bank :

New Salary of PO after Wage Revision in Vijaya Bank

Present Hike 15% Corresponding Basic
Current Basic 14500
Current DA % 109.8 15921 Corresponding Revised DA % (33.1)
Current HRA % 6.5 942.5 Corresponding HRA % (7.475)
Current Gross Salary 31364 Corresponding Gross Salary
Current NPS Contribution 3042.1 Corresponding Revised NPS Contribution
Current Net Salary 28321 Corresponding Revised Net Salary