Sir I have given Vijaya Bank Probationary Officer (PO) Exam and I have cleared it . Now I have to clear Interview only . Would you tell me what is the starting salary given to PO in Vijaya Bank ? Please provide me Pay Scales for PO in Vijaya Bank . Is there any Promotion in Future ?

The Vijaya Bank was established in 1931. The objective of the bank was to promote banking habits, thrift and entrepreneurship among the farming community of Kannada district in Karnataka State.

Probationary Officer is one of the most essential job profiles in bank. PO is an entry level position at which a bank officer starts working.

Probationary Officer has to undergo the probation period of 2 years. The general prospect of this job is general banking and bank administration.

PO should have excellent communication skills and ability to solve conflicts in a calm manner.

New Salary of PO after Wage/salary Revision of 15 % in Vijaya Bank :

New Salary of PO after Wage Revision in Vijaya Bank
Present Hike 15% Corresponding Basic 26705
Current Basic 14500
Current DA % 109.8 15921 Corresponding Revised DA % (33.1) 8839.36
Current HRA % 6.5 942.5 Corresponding HRA % (7.475) 1996.2
Current Gross Salary 31364 Corresponding Gross Salary 37541
Current NPS Contribution 3042.1 Corresponding Revised NPS Contribution 3554.44
Current Net Salary 28321 Corresponding Revised Net Salary 33986

Salary and Allowances of POs in Vijaya Bank:

Particulars Tier 1 City Tier 2 City Tier 3 City
Basic Salary Rs.14500 Rs.14500 Rs.14500
Dearness Allowance (99.99%) Rs.14458.50 Rs.14458.50 Rs.14458.50
CCA (4% Max = Rs. 540) Rs.540 Rs.375 NIL
HRA (Major class cities – 8.5% Other places in Area I -7.5% Other places – 6.5%) Rs.1232.50 Rs.1087 Rs. 942.50
Total Rs.30758 Rs.30448 Rs.29927.50