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July 3rd, 2017, 03:06 PM
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Join Date: Mar 2012
Re: Perks In State Bank Of Patiala

State Bank of Patiala, founded in 1917, was an associate bank of the State Bank Group, It merged with State Bank of India on 01 April 2017.

As you asking for State Bank Of Patiala Perks for PO , so as we know State Bank Of Patiala has been mergerd with State Bank Of india, so I am telling its related info

State Bank Of india salary/ Perks for PO
1. Basic Pay- 23700+ 4X980(for additional increments in SBI)=27620
2. Dearness Allowance- 36.40%(presently) of Basic Pay =10832 (**the resultant amount is a bit higher as you can see due to some additional loading)
3. Special Allowance-7.75% of Basic Pay=2140
4. House Rental Allowance:- (population 45 lacs and above>>HRA will be paid at 10%, 12 to 45 lacs>>HRA will be paid at 9%; 5 to 12 lacs>>HRA will be paid at 7.5%) eg Delhi ==> 10% of Basic Pay i.e 2762/-
5. City Compensatory Allowance (in big cities n metros)- 880 max.

Bank profile :

Type Public

Traded as BSE: 501061

NSE: SBP

Industry Banking

Insurance

Capital Markets and allied industries

Founded Patiala, 1917

Headquarters Head Office,

The Mall,

Patiala 147 002 India

Key people Smt. Arundhati Bhattacharya (Chairman), Shri. S. A. Ramesh
Rangan(Managing Director)

Products Loans, Savings, Investment vehicles, etc.

Revenue 173,000 crore (US$27 billion) (2013)

Net income 11,358.06 crore (US$1.8 billion) (2013)

Total assets 116,709.10 crore (US$18 billion) (2013)

Total equity 203,417.50 crore (US$32 billion) (2013)

Parent State Bank of India


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