Nationalised Bank PO and officers salary details(IBPS bank PO salary details)
Hey bank aspirants,You may be curious to know the latest salary structure, allowances and other benefits of Probationary officer in PSU banks.Here we are sharing various perks that a Bank PO is eligible for. Apart from salary, other allowances and benefits are also given below.As you know salary of nationalized bank employees is determined by bipartite settlement between Committee of Indian Banks‟ Association (IBA) representing the managements of banks and representatives of employees Associations.Last bipartite settlement(10th BPS) came into effective (Retrospective) from 1-11-2012 .Ministry of Finance has set the ball rolling for commencement of 11th BPS and they have issued a notification to all the banks that are part of the process, advising them to complete the whole process well before the due date i.e. 1st November, 2017.
Salary details of IBPS bank PO is given below is based on 10th BPS.
Officers in Scale-I, 1 year after reaching the maximum in their respective of scale, shall be granted further increments including stagnation increment(s) in the next higher scale subject to their
efficiency bar as per guidelines of the Government.
Increment accrues on an annual basis and shall be granted every year on the date mentioned in the Promotion proceedings.
Dearness Allowance
DA payable is linked to Consumer Price Index
0.10% per slab over 4440 points
DA is revised on 1st Feb, May, Aug & Nov
Conveyance officers owning vehicle
Salary details of IBPS bank PO is given below is based on 10th BPS.
Nationalized bank Officer latest salary structure and other benefits as per 10th Bipartite settlement
Scale of pay
23700->980(7)->30560->1145(2)->32850->1310(7)->42020Officers in Scale-I, 1 year after reaching the maximum in their respective of scale, shall be granted further increments including stagnation increment(s) in the next higher scale subject to their
efficiency bar as per guidelines of the Government.
Increment accrues on an annual basis and shall be granted every year on the date mentioned in the Promotion proceedings.
House rent allowance
Major cities
|
9.00%
|
Area 1
|
8.00%
|
Other Places
|
7.00%
|
DA payable is linked to Consumer Price Index
0.10% per slab over 4440 points
DA is revised on 1st Feb, May, Aug & Nov
Conveyance officers owning vehicle
Metro
|
Area I
|
Area II
|
Area III
| ||
Four wheeler
|
Scale III
|
65 lit
|
60lit
|
55lit
|
50lit
|
Four wheeler
|
Scale I and II
|
45 lit
|
40 lit
|
35 lit
|
35 lit
|
Two wheeler
|
Scale I,II and III
|
45 lit
|
40 lit
|
35 lit
|
35 lit
|
Conveyance for officers not owning vehicle
*Conveyance allowance conditions changes from bank to bank.Some bank provides full conveyance allowance to Probationary officers owning vehicle,while some gives only minimum.
Rental ceiling for quarters.
(May slightly change from bank to bank )
Professional Qualification pay
Furniture allowance
Metro
|
Area I
|
Area II
|
Area III
| |||
Scale I
|
Rs.1000
|
Rs.1000
|
Rs.800
|
Rs.800
| ||
Scale II
|
Rs.1100
|
Rs.1100
|
Rs.900
|
Rs.900
| ||
Scale III
|
Rs.1200
|
Rs.1200
|
Rs.1000
|
Rs.1000
| ||
Rental ceiling for quarters.
(May slightly change from bank to bank )
Scale I
|
Scale II
|
Scale III
| |
Delhi, Noida, Ghaziabad , Gurgaon and Mumbai
|
20000
|
21000
|
22000
|
Bangalore,Chennai,Kokata,Hyderabad,Secunderabad
Amedabad,Chandigarh,Faridabad,Pune
|
17000
|
17500
|
18000
|
State capitals,Area I placed with population of 10 lacs and above & port Blair
|
13000
|
13500
|
14000
|
All other places Goa except Panaji
|
11000
|
11500
|
12000
|
Area II(Population between 1 lac and 10 lac)
|
10000
|
10500
|
11000
|
Area II(All other area below 1 lac)
|
6500
|
7000
|
7500
|
- If you qualify JIIB you wiil be eligible for one increment
- If you qualify CIIB ,then you will get another additional increment
- Rs.8000 per year
- Rs.4 lac family insurance
Scale-others
|
Branch incharge
|
POs
|
I=6000
|
Rs.7000
|
Rs.3000
|
II=7000
|
Rs.8000
| |
III=8000
|
Rs.9000
|
- Upto 1 lac for Scale I(After confirmation)
- 1.75 lac for scale II and III
- One month gross salary
- 9000km by A/c 2 tier or Rs.8720 per person(1+3 dependents)
Lodging allowance
Major
|
Area I
|
Others
| |
Scale II&III
|
2400
|
1600
|
1200
|
Scale I
|
1600
|
1200
|
800
|
Halting Allowance
Delhi, Mumbai, Kolkata, Chennai
|
1300
|
Other major cities
|
1100
|
Area I
|
950
|
Other places
|
800
|
Newspaper allowance
- Bank officer will get a reimbursement of 90% of bill of a national/local daily
Sample salary slip of a Bank Probationary officer
Here is the salary slip of a Canara bank PO of August 2017.
House rent/Quarters allowance,conveyance allowance,news paper allowance are not included in salary slip.They have to be claimed separately.
Hope you will find this information on bank PO and officer salary details useful.Shre it with other bank po aspirants.
[Tags:sbi bank po salary after 7th pay commission,sbi po salary slip,sbi po salary in hand 2017,salary of bank clerk,ibps po salary in hand,sbi po salary quora,sbi po salary 2017,bank po salary after probation period]
[Tags:sbi bank po salary after 7th pay commission,sbi po salary slip,sbi po salary in hand 2017,salary of bank clerk,ibps po salary in hand,sbi po salary quora,sbi po salary 2017,bank po salary after probation period]
simon
No comments: