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Old July 5th, 2016, 06:46 PM
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Default Gross Salary of UCO Bank PO

Hii Buddy , I want to know What is the Gross Salary of UCO Bank Probationary Officer and Perk and Facilities information in India , Would you please provide ,me same ?
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Old July 5th, 2016, 06:50 PM
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Default Re: Gross Salary of UCO Bank PO

UCO Bank Probationary officer's Starting Salary in Most of Public Sector Banks and even in Some Private Banks is same.

The Revised Salary will be as per Scale I given below :

Scale I -
23700 -
(980 x 7 ) -
30560 -
(1145 x 2 ) -
32850 -
(1310 x 7) -

Major Allowances Payable on Monthly Basis as part of the Salary to Bank PO:

Dearness Allowance (DA) : DA in banks is revised on quarterly basis (i.e. in the months of February, May, August and November) based on the CPI as declared by Government of India.

The new revised current DA (for the month of May 2016, June 2016 and July 2016 is 41.90% of the Basic Pay). DA can go up with higher inflation and also come down if the inflation rate is in negative.

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%
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