Bank Salary Structure
There are many students who want to be a banker, but do you have any idea about the Bank Salary Structure. Bank provides different salary as per the position of the candidates.
Other than salary, bank also provides some beneficial allowances and perks to the position of PO/Clerk/ SO. Every year there is little bit changes occur in the pay scale of the bank employees. Here we have given revised pay scale for the bank staff.
Bank Salaries:
Salary plays a very important role of any employees before we work for it. So, you should clear all the contents related to bank salary structure. After 7th pay commission there is lot of changes in the bank salaries. We have given updated Pay Scale according to the post.
We, the team of www.recruitmentinboxx.com are providing the details for Bank Salary Structure and Calculator (PO, Clerk, SO) on our web portal. There are number of other perks available to bank officers and clerk and these vary from bank to bank and even the amount of such perks vary from bank to bank.
Bank Salary Structure
Check out above stated link to get complete information about pay Salary Package of Bank for different post such as PO / Clerk / SO. We update this page on regular basis, so as soon as latest information about any updations will available, we will provide it on this page.
Know Here: How to Get Direct Recruitment in Private Banks
Bank Salary Structure In India
Bank PO Salary After Revision:
| Remuneration Head | Current Amount Payable |
Revised Amount Payable |
| Basic Pay (BP) | Rs. 14,500 | Rs. 27, 865 (With 20% Increase) |
| Dearness Allowance (DA) |
Rs. 12,781 | Rs. 10,839 |
| House Rent Allowance (HRA) |
Rs. 1,087 | Rs. 2,786 |
| Total In Hand Salary | Rs. 28,368 | Rs. 41,490 |
Bank Clerk Salary After 7th Pay Commission:
| Remuneration Head | Current Amount Payable |
Revised Amount Payable |
| Basic Pay (BP) | Rs. 8,000 | Rs. 12,812 (With 20% Increase) |
| Dearness Allowance (DA) |
Rs. 8,000 | Rs. 5,124 |
| House Rent Allowance (HRA) |
Rs. 800 | Rs. 1,921 |
| Total In Hand Salary | Rs. 16,800/- | Rs. 19,857 |
Read Also: Career in Banking Sector In India
Bank SO Salary:
| Metro Cities | (State Capital etc.) | (District Level and Rural Areas) |
| Basic Pay | ||
| Rs.14500/- | Rs.14500/- | Rs.14500/- |
| Dearness Allowance | ||
| Rs.14485.5/- | Rs.14485.5/- | Rs.14485.5/- |
| CCA (3% to 4% Max. Rs540/-) | ||
| Rs.540/- | Rs.375/- | —- |
| Total Salary (Excluding HRA) | ||
| Rs.29525.5/- | Rs.29360.5/- | Rs.28985.5/- |
| HRA – 8.5% ; 7.5%; 6.5%* | ||
| Rs.1232.50/- | Rs.1087.50/- | Rs.942.50/- |
| Total Salary (including HRA) | ||
| Rs.30758/- | Rs.30448/- | Rs.29927.5 |
PO Salary After 10th Bipartite Settlement:
| Increment (Percentage) |
Basic Pay | Total Gross Salary |
| 15 | Rs.26,706/- | Rs.37,068/- |
| 20 | Rs.27,866/- | Rs.38678/- |
| 25 | Rs.29,026/- | Rs.40,288/- |
| 30 | Rs.30,187/- | Rs.41,899/- |
Do You Know: How To Get A Bank Job In India
What are other perks that are available to Bank PO/ SO and Clerk:
There is huge number of other perks available to Bank officers and clerks and these differ from bank to bank, and even the amounts of such perks vary from bank to bank. Some of the perks available to Bank officers are:
- Leased Accommodation
- Traveling Allowance
- Newspaper Reimbursement
- Medical Aid and Coverage under New Pension Scheme
- Home Travel Concession/ Leave Fare Concession
- Concessional interest rates for Housing/Car/Personal Loans
Do You Know: How To Negotiate Salary With HR
Banks in India are not only strong but are also increasing quickly. According to research banking sector is one of greatest growing sectors in the country. This development has brought many opportunities.
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