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  #2  
January 31st, 2018, 12:51 PM
Super Moderator
 
Join Date: Mar 2012
Re: Salary In IDBI Bank

The basic pay of a Clerk in IDBI Bank is Rs. 11765/- per month, in the scale of Rs. 11765-655/3-13730-815/3-16175980/4-20095-1145/7-28110-2120/1-30230-1310/1-31540.

In addition to this, Clerks are also entitled to other special pay and allowances.
IDBI Bank Clerk Salary Structure

Facilities Provided Places with Population Places with Population
above 4.5 million below 4.5 million
Basic Pay Rs 11765 Rs 11765
Special Allowance Rs 911 Rs 911
DA Rs 5311 Rs 5311
CCA Rs 0 Rs 0
TA Rs 425 Rs 425
Total (without HRA) Rs 18413 Rs 18413
HRA 1176 Rs 1058
Gross Salary Rs 19589 Rs 19472

* DA - Dearness allowances
* CCA - City Compensatory Allowance
* TA - Transport Allowance
* HRA - House Rent Allowance

Dearness allowances: DA is 4% of basic pay and revised quarterly for every 3 months which is based on CPI (Consumer Price Index) declared by the banks.

House Rent Allowance: HRA is 7-9% of basic pay. The HRA is different in different cities.

Cities HRA %
Metro cities 8.5
Cities with population more than 5 lakhs 7.5
Other cities 6.5

Special Allowance: 7.5%

After completion of the one-year service, you will an increment of 400/- and Rs. 500 increment in 2nd year.

After the 10th Bipartite Wage Settlement of 2015, a Bank Clerk’s salary has increased from now salary Rs. 21,339 to Rs. 23,117.
  #3  
January 31st, 2018, 06:44 PM
Junior Member
 
Join Date: Feb 2017
Re: Salary In IDBI Bank

Basic Pay -11,500
Special allowances - 920


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