BANK SALALRY STRUCTURE COMPARISON OF BANK PO AND CLERK SALARIES

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As we are getting lots of queries regarding salary of Probationary Officer and Clerk, Here we are posting a post on this. Read on..

Typical Salary Structure of a Bank PO - Entry Level (Indicative)

	Major A Class Cities	Other Places in Area I	Other Places
	Metro Cities	(State Capital etc.)	(District Level and Rural Areas)
Basic Pay	14500.00	14500.00	14500.00
Dearness Allowance @ 99.9%	14485.5	14485.5	14485.5
CCA (3% to 4% Max. Rs540/-)	540.00	375.00	0.00
Total Salary (Excluding HRA i.e. if Leased Accommodation is availed by the officer)	Rs 29525.5	Rs 29360.5	Rs 28985.5
HRA - 8.5% ; 7.5%; 6.5%*	Rs 1232.50	Rs 1087.50	942.50
Total Salary (including HRA i.e. if officer does not avail leased accommodation)	Rs 30758.0	Rs 30448.0	Rs 29927.5

Typical Salary Structure of a Bank Clerk - Entry Level (Indicative)

	Places with population	Places with population	Places with population	Other Places
	of more than 45 lakhs	of more than 12 lakhs	5 lakh and above, State Capitals/UT etc
Basic Pay	7200.00	7200.00	7200.00	7200.00
Dearness Allowance	6922.80	6922.80	6922.80	6922.80
HRA - 10 ; 9%; 7.5%,7%	720.00	648.00	540.00	504.00
Total Salary (including HRA )	14842.80	14770.80	14662.80	14626.80

What will be revised salary after 10th Bipartite settlement.

So here we are providing a brief analysis of the salary structure:

Bank Probationary Officer Salary after Revision in 10^th bipartite settlement:

We are expecting minimum 20% increment to this basic pay, but we can expect 25% increment to this basic pay.

1.    If IBA agree for 20% increment, Final Basic Pay will be Rs.27,866. So, total Gross Salary of Bank fresher Probationary Officer (PO) will be Rs.38,678/- (Worst Possible Scenario)

2.    If IBA agree for 25% increment, Final Basic Pay will be Rs.29,026. So, total Gross Salary of Bank fresher Probationary Officer (PO) will be Rs.40,288/- (Somewhat Good)

3.    If IBA agree for 30% increment, Final Basic Pay will be Rs.30,187. So, total Gross Salary of Bank fresher Probationary Officer (PO) will be Rs.41,899/- (Good Settlement)

Bank Clerk Salary after Revision in 10^th bipartite settlement:

We are expecting minimum 20% increment to this basic pay. At most we get 25% increment.

1.    If IBA agree for 20% increment, Final Basic Pay will be Rs.15,374.So, you get total 38.80% of DA & HRA on Basic Pay. So, total Gross Salary of Bank fresher Clerk will be Rs.21,339/- (Worst Possible Scenario)

2.    If IBA agree for 25% increment, Final Basic Pay will be Rs.16,015.So, total Gross Salary of Bank fresher Clerk will be Rs.22,228/- (Somewhat Good)

3.    If IBA agree for 30% increment, Final Basic Pay will be Rs.16,655. So, total Gross Salary of Bank fresher Clerk will be Rs.23,117/- (Good Settlement)

So new salary after revision:

1. Bank PO Salary after revision will be anywhere between Rs.38,678 to Rs.41,899

2. Bank Clerk Salary after revision will be anywhere between Rs.21,339 to Rs.23,117