Hello sir my brother was appointed as a PO officer in Oriental Bank Of Commerce. I want to know that how much salary is served by Oriental Bank Of Commerce to PO employee?

Oriental Bank of Commerce was established in Lahore in 1943 i.e. before partition. The bank is now headquartered in Gurgaon, Haryana and it is one of the public sector banks in India The bank has over 1,000 branches all over India and more than 19,000 employees work with the bank. Oriental Bank of Commerce pays lucrative salary packages to its employees.

Oriental Bank Of Commerce PO Salary at Joining Time in India:

Salary:

Basic Salary: Rs.14500.00

Dearness Allowance (110.10%): Rs. 15964.50

CCA(4% max Rs.540=): Rs.375.00

HRA (Major A class cities - 8.5%, Other places in Area I -7.5%, Other places - 6.5%): Rs.1087.50

Total: Rs. 31927.00

Add 15 % increase in pay slip as per new settlement which is expected to be implemented from June
Rs.4789.00

Gr Total: Rs. 37,072.00


Salary and Allowances of POs in Oriental Bank of Commerce
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