As you asking for Salary of PO in Bank Of Baroda, so here I wouldlike to tell you Bank Probationary officer's starting salary in most of public sector banks and even in some private banks is same.

According to our sources latest revision of salary of Bank PO / Bank Probationary officers has taken place wef 1st November, 2012 (The final agreement has been signed only on 25th May, 2015) , The revised salary as on 1st January 2016 will be as per Scale I given below :


Scale I -
23700 -
(980 x 7 ) -
30560 -
(1145 x 2 ) -
32850 -
(1310 x 7) -
42020


Basic Pay, bank officers (i.e. Probationary officers / PO / Management Trainees) are eligible for the following allowances :-



(a) Dearness Allowance (DA) : DA in banks is revised on quarterly basis (i.e. in the months of February, May, August and November) based on the CPI as declared by Government of India.

The new revised current DA (for the month of November 2015, December 2015 and January 2016 is 39.80% of the Basic Pay). DA can go up with higher inflation and also come down if the inflation rate is in negative.



(b) Special Allowance : This has been added in 10th BPS (wef 01/11/2012) and for scale I is 7.75% on which DA is also payable



(c) HRA : This depends on the place of posting and it can be either 9.0% or 8.0% or 7.0% depending on the place of posting.



(d) CCA : This also depends on the place of posting and can be either 4% (maximum Rs.870/-) or 3%(Maximum Rs.600/-) or 0%


Major A Class Cities* Area - I* Other Areas

Basic Pay 23700.00 23700.00 23700.00
Special Allowance 1836.75 1836.75 1836.75
DA 10163.63 10163.63 10163.63
CCA 870.00 600.00
Transport Allowance 0.00 0.00 0.00

Total (without HRA) 36570.38 36300.38 35700.38

HRA 2133.00 1896.00 1659.00

Gross with HRA 38703.38 38196.38 37359.38

Perks that are available to Bank PO :
(a) Leased Accommodation : As mentioned above this facility is available to Bank officers in lieu of HRA. At some stations, some banks may offer official bank accommodation / bank quarters in lieu of leased accommodation. The lease amount vary from bank to bank and place of postings. However, you should remember that this amount is not available as cash component and will directly go to the house owner - you have got leased.



(b) Traveling Allowance : Some banks allow fixed Traveling Allowance whereas others allow reimbursement of petrol bills i.e. officer must own scooter / car at the place of posting



(c) Newspaper Reimbursement : A fixed monthly amount is paid towards the cost of one newspaper



(d) Medical Aid : A fixed annual amount is paid by most of the banks (Revised amount is Rs8000/- p.a.)



(e) Coverage under New Pension Scheme