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  #2  
September 5th, 2016, 04:11 PM
Super Moderator
 
Join Date: Mar 2012
Re: Punjab Sind Bank PO Salary

Working as a Bank PO or Probationary Officer is not only prestigious but also come with lucrative salary, perquisites and other benefits.

Salary Structure of a Bank PO for Fresher :

Basic Pay
23700.00

Special Allowance
1836.75

Dearness Allowance @ 99.9%
10163.63

CCA (3% to 4% Max. Rs540/-)
870.00 600.00 0.00

Total Salary (Excluding HRA i.e. if Leased Accommodation is availed by the officer)
Rs 36570.38

HRA –
8.5% ; 7.5%; 6.5%

Total Salary (including HRA i.e. if officer does not avail leased accommodation)
Rs 38703.38

Perquisites and Facilities for Bank PO at the Time of Joining (per month)

A – Class Cities Metropolitan Cities
Area I Cities (State Capitals)
Category B Places
Category C Places

Leased House Rent INR 7,200 INR 5,300 INR 13,800 INR 2,800

News Paper INR 250 INR 250 INR 250 INR 250

Traveling Allowance INR 3,000 INR 3,000 INR 2,700 INR 2,300

Cleaning Materials INR 600 INR 600 INR 600 INR 600

Medical Aid INR 450 INR 450 INR 450 INR 450

Business Development Expenses INR 300 INR 300 INR 300 INR 300

Total Salary INR 11,800 INR 9,900 INR 9,400 INR 6,700

PO Pay scales on promotion from Scale I to Scale VII

Scale I 23700 980 30560 1145 32850 1310 42020
Scale II 31705 1145 32850 1310 45950
Scale III 42020 1310 48570 1460 51490
Scale IV 50030 1460 55870 1650 59170
Scale V 59170 1650 62470 1800 66070
Scale VI 68680 1960 76520
Scale VII 76520 2120 85000


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