javascript:void(0) Bank PO Salary : Perks : Allowances : Pay Scale : Package ~ Bank Exams

Bank PO Salary : Perks : Allowances : Pay Scale : Package


Nationalized Bank PO Salary and Perks: Earlier we told about net take home salary or in hand salary of IBPS Bank Clerk, SBI Probationary Officer Salary and SBI Assistant Salary. On request of the members of our Bank Exams Preparation Group we are here providing you updated details of salary of Bank PO Salary of Nationalized Banks.
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Pay Scale: Pay Scale of a Probationary Officer is Rs 14500-600/7-18700-700/2-20100-800/7-25700 which is applicable to Junior Management Grade Scale I.
Basic Salary: Starting Basic Salary of a Probationary Officer of a Nationalized Bank is Rs. 14500/-
Dearness Allowance: At present Dearness Allowance is Rs. 11636.25/- which is 80.25% of the basic salary.
Other Allowances and Perks: There are allowances such as HRA (House Rent Allowance) and CCA (City Compensatory Allowance) which depends on the place of posting. There are also a few perks such as petrol allowance, entertainment allowance, cleansing material, news paper allowance etc., the value of perks differ from bank to bank however the lumpsum value of perks is in the range of Rs. 4000 to Rs. 6000.
Other Facilities: There are various other facilities such as Medical, PF, Gratuity, LFC Facility, Leave encashment etc. which are available for a Bank Officer.

So if the above salary structure and facilities attracts you, you should prepare seriously for the coming Bank PO Exams. Those who have already got Bank PO Jobs must be already aware about all this. There are a few people who feel that Bank PO salary is not very attractive but being a Bank PO I feel that one can live a very decent life and can maintain a very good living standard. The salary and the allowances paid by the banks are still very attractive.

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