As we are
getting lots of queries regarding salary of Probationary Officer and Clerk,
Here we are posting a post on this. Read on..
Typical
Salary Structure of a Bank PO - Entry Level (Indicative)
Particulars
|
Monthly
|
Annually
|
Basic
|
14500
|
174000
|
DA
|
8722
|
104661
|
HRA*
|
0
|
0
|
CCA
|
540
|
6480
|
MedicalAid
|
5100
|
|
Entertainment
|
4600
|
|
House Maintnce
|
300
|
3600
|
Books/Newsprs
|
2800
|
|
Petrol
|
2000
|
24000
|
Canteen Subsidy
|
250
|
3000
|
Pension
|
-2322
|
-27866
|
Rent Dedn
|
-300
|
-3600
|
Taxable Salary
|
23690
|
300375
|
Less Tax
|
771
|
9251
|
In Hand Salary
|
22919
|
291124.02
|
House Lease#
|
8000
|
96000
|
Bank's Pension share
|
2322
|
27866
|
CTC
|
452107
|
4.5 Lac per Anum
|
Typical
Salary Structure of a Bank Clerk - Entry Level (Indicative)
Places with population
|
Places with population
|
Places with population
|
Other Places
|
|
of more than 45 lakhs
|
of more than 12 lakhs
|
5 lakh and above, State
Capitals/UT etc
|
||
Basic Pay
|
7200.00
|
7200.00
|
7200.00
|
7200.00
|
Dearness Allowance
|
6922.80
|
6922.80
|
6922.80
|
6922.80
|
HRA - 10 ; 9%; 7.5%,7%
|
720.00
|
648.00
|
540.00
|
504.00
|
Total Salary (including HRA )
|
14842.80
|
14770.80
|
14662.80
|
14626.80
|
What
will be revised salary after 10th Bipartite settlement.
So here we are providing a brief analysis of the salary structure:
Bank
Probationary Officer Salary after Revision in 10th bipartite
settlement:
We are expecting
minimum 20% increment to this basic pay, but we can expect 25% increment to
this basic pay.
1.
If IBA agree for 20% increment,
Final Basic Pay will be Rs.27,866. From August 2013, DA is 88.95%. After
merging 60.15 with basic, remaining 28.80% DA will be there. We can expect
minimum 10% HRA after revision. So, you get total 38.80% of DA & HRA on
Basic Pay. So, total Gross Salary of Bank fresher Probationary Officer (PO) will be Rs.38,678/- (Worst Possible Scenario)
2.
If IBA agree for 25% increment,
Final Basic Pay will be Rs.29,026. Total 38.80% of DA & HRA on Basic Pay.
So, total Gross Salary of Bank fresher Probationary Officer (PO) will be Rs.40,288/- (Somewhat Good)
3.
If IBA agree for 30% increment,
Final Basic Pay will be Rs.30,187. Total 38.80% of DA & HRA on Basic Pay.
So, total Gross Salary of Bank fresher Probationary Officer (PO) will be Rs.41,899/- (Good Settlement)
Bank Clerk Salary after Revision in 10th bipartite settlement:
We are
expecting minimum 20% increment to this basic pay. At most we get 25%
increment.
1.
If IBA agree for 20% increment, Final
Basic Pay will be Rs.15,374. From August 2013, DA is 88.95%. After merging
60.15 with basic, remaining 28.80% DA will be there. We can expect minimum 10%
HRA after revision. So, you get total 38.80% of DA & HRA on Basic Pay. So,
total Gross Salary of Bank fresher Clerk will be Rs.21,339/-
(Worst Possible Scenario)
2.
If IBA agree for 25% increment,
Final Basic Pay will be Rs.16,015. Total 38.80% of DA & HRA on Basic Pay.
So, total Gross Salary of Bank fresher Clerk will be
Rs.22,228/- (Somewhat Good)
3.
If IBA agree for 30% increment,
Final Basic Pay will be Rs.16,655. Total 38.80% of DA & HRA on Basic Pay.
So, total Gross Salary of Bank fresher Clerk will be
Rs.23,117/- (Good Settlement)
So new salary after revision:
1. Bank PO Salary after revision will be anywhere between Rs.38,678 to Rs.41,899
2. Bank Clerk Salary after revision will be anywhere between Rs.21,339 to Rs.23,117
