I want to do job of Clerk in Karnataka Bank so can you please tell me the pay scale of clerk in the bank?

A Bank Clerk is the first point of contact for inquiries & guidance to the customers of every bank.

Karnataka Bank Clerk Basic Pay:

The Pay Scale of Bank Clerk is: Rs 11,765 – Rs 42,020.

The Basic pay thus amounts to be Rs 11,765

After completion of 1 year, the basic pay will be increased by a specific amount say Rs. 400/.

After it from 2nd year onwards, increment will be 500 for next 3 years.

Clerk Allowances:

1. Dearness Allowance:

DA is adjusted for every 3 months ie Quarterly increase happens in DA .The DA will be changed according to the consumer price index (CPI). So Based on CPI declared by the banks, the DA can go up or down with change in CPI.

2. House Rent Allowance:

If you are posted in metro cities HRA will be 8.50% of Basic Pay.

If you are posted in cities with population more than 5 lakh, HRA will be 7.50% of Basic Pay.

If you are posted in any other metro cities HRA will be 6.50% of Basic Pay.

3. Medical Allowance:

This allowance is fixed at Rs 20000 and is paid annually.

After the 10th Bipartite Wage Settlement of 2015, a bank clerk’s Salary will increase from now salary Rs. 21,339 to Revised Salary Rs. 23,117/-.