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June 14th, 2017, 02:57 PM
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Join Date: Mar 2012
Re: Andhra Bank Salary Structure for PO

I am giving information about salary structure for PO in Andhra Bank for your reference:

Andhra Bank PO Salary Structure:

New Salary of PO after Wage Revision in Andhra Bank

Corresponding Basic 26705
Corresponding Revised DA % (33.1) 8839.36
Corresponding HRA % (7.475) 1996.2
Corresponding Gross Salary 37541
Corresponding Revised NPS Contribution 3554.44
Corresponding Revised Net Salary 33986

Present Hike 15%
Current Basic 14500
Current DA % 109.8 15921
Current HRA % 6.5 942.5
Current Gross Salary 31364
Current NPS Contribution 3042.1
Current Net Salary 28321

Other Perks and Allowances:

Dearness Allowance (DA)
DA in banks is revised on quarterly basis (i.e. in the months of February, May, August and November)

Special Allowance
This has been added in 10th BPS (wef 01/11/2012) and for scale I is 7.75% on which DA is also payable

HRA
This depends on the place of posting and it can be either 9.0% or 8.0% or 7.0% depending on the place of posting.

CCA
This also depends on the place of posting and can be either 4% (maximum Rs.870/-) or 3%(Maximum Rs.600/-) or 0%

NEWLY APPOINTED BANK PO - INITIAL SALARY / STARTING REVISED PAY ON JOINING

Major A Class Cities* Area - I* Other Areas
Basic Pay 23700 23700 23700
Special Allowance 1836.75 1836.75 1836.75
DA 12,206.69 12,206.69 12,206.69
CCA 870 600
Transport Allowance 0 0 0
Total (without HRA) 38,613.54 38,343.54 37,743.54
HRA 2133 1896 1659
Gross with HRA 40,746.54 40,239.54 39,402.54


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