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January 14th, 2016, 01:14 PM
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Join Date: Mar 2012
Re: Union Bank of India PO Bond

According to Banking HR Circles, the Rate of Attrition in Public Sector Banks varies Between 10% to 15% Annually.

United Bank of India Service Bond / Agreement and its Duration: :

Service Agreement : 3 yrs

Bond Amount - Rs 1 lakh


Basic Salary-14500

DA-99.15% of basic salary(it increases quarterly on the basis of increase in CPI)
CCA-540

HRA-6.5,7.5,8.5% as per city you are posted

Gross Salary 30316
Deduction= NPS(pension fund)10% of gross salary+Income tax approx 600=3600approx
Net inhand salary=26716 and salary wth all

Perk=26716+450+450+450+150+200+500+6625+2200=Rs377 41

Other Perks in UBI :


Petrol- 30 litre(if u owned a bike,scooty,car on your name at the working city. Price of petrol will b paid as per current market price
BDE-450 per mth
Mobile-500 per mth
Convenience-450
Newspaper-150per mth
Canteen-200
House Cleaning-1350 per quarter
Medical exp-5100 annum


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