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January 19th, 2016, 10:57 AM
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Join Date: Mar 2012
Re: SBI PO Total Salary

Hello, here I am providing you the details of the salary of the SBI PO as under:

Scale I -
23700 - (980 x 7) -30560 - (1145 x 2) -32850 - (1310 x 7) - 42020
Thus, the revised initial / starting Basic Pay of a Bank Probationary officer / PO will be Rs.23, 700/- as on 1st January 2016

Allowances:
In addition to Basic Pay, bank officers are eligible for the following allowances:
Dearness Allowance (DA):
For the month of November 2015, December 2015 and January 2016 is 39.80% of the Basic Pay

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

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.

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

HRA
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


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