February 3rd, 2018 11:40 AM | |
Garima Chauhan | Re: Salary of PO in Central Bank of India Probationary Officer (PO) is a starting level post of any officer in a Bank. Selected candidates will get the impressive amount of Pay Scale plus increment which will be offered by organization. IBPS PO Salary Structure IBPS PO Salary Details Amount Basic Pay 23700 Special Allowance 1836.75 DA 10163.63 CCA 870 Transport Allowance – Total (without HRA) 36570.38 HRA 2133 Gross with HRA 38703.38 Medical Aid 8000 Entertainment 500 Newspaper 300 Petrol 3000 Telephone 400 Canteen Subsidy 400 Pension Contribution 2500 Gross Annual CTC (with HRA but without leased accommodation) 5, 57,640.52 IBPS Bank PO Salary and Allowances 1. Dearness Allowance (DA) – It is a cost of living adjustment allowance paid to all government and public sector Probationary officers. Calculation of DA depends on inflation. 2. HRA – It 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. 3. Special Allowance – It adds in 10th BPS and for Scale, I 7.75% on which DA is also payable 4. CCA – This also depends on the place of posting and can be either 4% (maximum Rs.870/-) or 3% (Maximum Rs.600/-) or 0% 5. Conveyance allowance – It is paid for commuting between home and office. Other Benefits and Perks • Leased Accommodation – It is available to Bank officers instead of HRA. • Travelling Allowance – Most of the banks give a fixed Traveling Allowance and reimbursement of petrol bills. • Medical Aid – An amount also attached to medical needs. • Newspaper Reimbursement: A fixed monthly amount is pay towards the cost of one newspaper • Coverage under New Pension Scheme |
February 3rd, 2018 11:39 AM | |
Unregistered | Salary of PO in Central Bank of India Can you tell me about the salary package offered for the post of Probationary Officer (PO) in Central Bank of India which makes its recruitment through IBPS (Institute of Banking Personnel Selection) score? |