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June 6th, 2016, 10:49 AM
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Join Date: Mar 2012
Re: Salary of PO in State Bank of Hyderabad

State Bank of Hyderabad (SBH) is a nationalized bank in India, with headquarters at Hyderabad, Telangana.

It is one of the five associate banks of State Bank of India and is one of the scheduled banks in India.

Salary of PO

Basic: 14500

DA(84.15%):12201

HRA (6.5%):942

CONVEYANCE(40 Ltrs): 2800

News paper: 450

Cleansing: 750

Casual Labour: 390

Entertainment: (7000/12) :583 ( varies from 7k to 17k depending on assignment )

Tea Etc : 250

Total: 32866/-

Lease accommodation: 8000/- Rural places (Min) to 29500/- (mumbai)

Deductions:

-PF Contribution: 10 %( Basic + DA)

-Prof Tax: 200

-I tax



In addition:

-90000/- for Fixtures and furniture ( for a span of 5 -10yrs)

-5100/- pa medical allowance

-9000/-pa furniture maintenance

-14000/- pa annual closing allowance

-Housing loan of Rs 20 Lakhs at a concessional interest of 6% Simple Interest.( works out to (min) Rs 5000/- pm savings when compared to public interest rate )

-Fest Advance, Computer Loan, Car loan,Education Loan : concessional interest rates

-LFC/HTC


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