Hello Buddy , I want to know Canara Bank Probationary Officer Starting Salary, Perk and Facilities Information For Same ?

Canara Bank Probationary Officer are approx Rs. 25,000.

Salary in Banks Decided by all Banks Management Body Indian Banks Association (IBA)

The present Salary is Based on 9th Bipartite Settlement .

Banks will provide Cashier Allowance.

Bank Clerk Salary = Basic Pay + DA + CCA + HRA

Scales of Bank PO

JMGS-I - Rs.14, 500/- TO Rs.31, 500/-
MMGS-II - Rs.19, 400/- TO Rs.34, 200/-
MMGS-III - Rs.25, 700/- TO Rs.35, 100/-
SMGS-IV - Rs.30, 600/- TO Rs.36, 200/-
SMGS-V - Rs.36, 200/- TO Rs.40, 400/-
TEG-VI - Rs.42,000/- TO Rs.46,800/-
TEG-VII - Rs.46,800/- TO Rs.52,000/

Dearness Allowance

For every 4 points rise/fall in index, Dearness Allowance at 0.15% per slab.

City Compensatary Allowance

CCA rates are as under:

Places in Area I - 4% of Basic Pay, Max. Rs.540/-p.m.

Places with population of more than 5 lacs - 3% of Basic Pay,

Max. Rs.375/-p.m.

House Rent Allowance

We have retained the existing rate of HRA as under:

Major A class cities - 8.5%

Other places in Area I - 7.5%

Other places - 6.5%

Medical Aid :

For Officers other than SBI, the medical aid has been enhanced as;

Scale I to III – Rs. 5100/- p.a.

Scale IV & above - Rs. 6320/- p.a.