Salary of Bank PO and Clerk | Salary of Bank Clerk in India 2013 : 1. Bank Probationary Officer (PO) in the PSU banks get approx. Rs.
25,000/- as a basic salary. All banks
employees combination association and banks management body Indian Bank
Association (IBA) decides the pay-package of all the employees in a
bank. On the basis of 9th Bipartite Settlement, signed on the date of
27/04/2010 the current salary was decided.
2.
Probationary Officers in the Public Sector Banks or the Nationalized
Banks get same wages but the facilities offered to each of them are
different. Medical, Leased House Rent, Training Expenses and other
allowances are offered to the POs of the Public Sector Banks.
3. Revealing salaries offered by the Nationalized Banks as per current norms:
|
Salary Components
|
Salary at joining time
|
|
Basic Salary
|
Rs.14500.00
|
|
Dearness Allowance (54%)
|
Rs.7830.00
|
|
City Compensatory Allowance – CCA
(4% max Rs.540=)
|
Rs.0540.00
|
|
House Rent Allowance – HRA
(Major A class cities - 8.5%, Other places in Area I -7.5%,
Other places - 6.5%)
|
Rs.1232.50
|
|
Total
|
Rs.24,102.50
|
4.
House Rent Allowance (HRA) is not offered to the officers residing to
the accommodation of banks or sponsored accommodation. 15% HRA is
provided to the bank offers who are living in the own houses rather than
sponsored accommodation.
5. The Bank PO Perk and Facilities they get as follows per Banks Management listed wages:
|
Salary
|
In Major Cities
|
Others
|
|
Leased House Rent
|
Rs.7200
|
Rs.2800-Rs.5300
|
|
Travelling Allowance
|
Rs.3000
|
Rs.2300-Rs.3000
|
|
New Paper
|
Rs.250
|
Rs.250
|
|
Cleaning Materials
|
Rs.600
|
Rs.600
|
|
Business Development Expenses
|
Rs.300
|
Rs.300
|
|
Medical Aid
|
Rs.450
|
Rs.450
|
|
Total
|
Rs.11,800
|
Rs.6700-Rs.9900
|
6. Most of the banks provide these facilities. Facilities will be increased by some banks as the above mentioned facilities may varies in some banks, but same is
provided by most of banks as the Salary in Mandatory as per settlements.
Some of facilities offered by most of the banks are numerous
self-medical expenses up to 90% of expenses maximum and furniture of
Rs.70,000 on every 10 yrs, and other allowance, etc.
How to Get a Bank Job | Latest Openings in Private Banks 2013
How to Get a Bank Job | Latest Openings in Private Banks 2013
7.
Public Sector banks offers job guarantee and also life time pension
facility. Private banks offers more salary and the employees are not
fully satisfied as there is only 25% worker economizing each year. None
of the employees get pension endowment.
The following is shows the Pay Scale of Banks PO
- JMGS-I - Rs.14, 500/- TO Rs.31, 500/-@
- MMGS-II - Rs.19, 400/- TO Rs.34, 200/-@
- MMGS-III - Rs.25, 700/- TO Rs.35, 100/-@
@including two additional stagnation increments
- SMGS-IV - Rs.30, 600/- TO Rs.36, 200/-
- SMGS-V - Rs.36, 200/- TO Rs.40, 400/-
- TEG-VI - Rs.42, 000/- TO Rs.46, 800/-
- TEG-VII - Rs.46, 800/- TO Rs.52, 000/-
Dearness Allowance: It is at 0.15% per slab, for each 4 points gain or fall
8.
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Salary of Bank PO and Clerk | Salary of Bank Clerk in India 2013
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Oleh
Venkata Challa
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