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June 25th, 2016, 05:52 PM
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Join Date: Mar 2012
Re: Indian Bank Specialist Officer Salary

Indian Bank recruit Specialist Officer through Institute of Banking Personal Selection IBPS Specialist Officer SO exam.

Indian Bank Specialist Officer Pay Scale :

Pay scale for Indian Bank Specialist Officer Recruitment 2014 as scale wise is mention below.

For Scale I : Rs. 14,500 to Rs. 25,700/-
For Scale II : Rs. 19,400 to Rs. 28,100/-
For Scale III : Rs. 25,700 to Rs. 31,500/-
For Scale IV : Rs. 30,600 to Rs. 36,200/-

The IBPS SO salary includes different types of perks, such as DA, HRA, medical facilities, transport reimbursements, and so on. Newspaper and petrol reimbursement is also common. The salary is revised from time to time.

Basic pay is same irrespective of the city of appointment. It is INR 23700 that is from June 1, 2015.

HRA: This is paid @ 9.0% or 8.0% or 7.0% depending on the place of posting.

DA as per the latest CPI released by the gov. the DA amount is INR 8605.88.

For scale I it is paid @ rate of 7.75% (Special Allowance)
(Conveyance, Newspapers, Entertainment allowance, House & Furniture Maintenance etc. 4,130)

CCA: This is paid @ 4%, 3% or 0% depending on the place of posting.

Least Accommodation is up to Rs 29500, this is provided in lieu of HRA.


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