Syndicate Bank Salary
Syndicate Bank offers high and impressive amount of salary to its employee. One who wants to be appointed as PO, Clerk, Assistant Manager and other posts may check Syndicate Bank Salary from here. Get complete details about Syndicate Bank Salaries and Pay Scale from this page.
To be aware from the Starting Pay Scale & Perks associated PO/Clerk/Assistant Manager and other Positions in Syndicate Bank, you can check the following page as we have tried to cover each and every detail regarding Syndicate Bank Salary and benefits here.
More about Syndicate Bank
Syndicate Bank is one of the India’s ancient and major commercial banks that, was founded by T M A Pai, Upendra Pai and Vaman Kudva. Various numbers of contenders want to be appointed in this bank and apply for the Syndicate Recruitment also.
For the comfort of the applying contenders or the aspirants having craze to acknowledge details of Bank Salary Structure we www.recruitmentinboxx.com have designed this page, so what are you waiting for? Go ahead and get Detailed Information about Syndicate Bank Salary soon.
Syndicate Bank Salary
Syndicate Bank PO Salary
Candidates keen to enhance their Career in Banking Sector in India can check the PO Pay Scale at Joining Time in India by going through this table.
| Major A class cities: Metro Cities | Other places in Area I (State Capitals etc) | Other places (District level and Rural Places) |
| Basic Salary | ||
| Rs.14500.00 | Rs. 14500.00 | Rs.14500.00 |
| Dearness Allowance (110.10%) | ||
| Rs. 15964.50 | Rs. 15964.50 | Rs. 15964.50 |
| CCA (4% max Rs.540=) | ||
| Rs. 540.00 | Rs.375.00 | nil |
| HRA (Major A class cities – 8.5%, Other places in Area I – 7.5%, Other places – 6.5%) |
||
| Rs.1232.50 | Rs.1087.50 | Rs.942.50 |
| Total | ||
| Rs. 32237.00 | Rs. 31927.00 | Rs. 31407.00 |
| Add 15 % increase in pay slip as per new settlement which is expected to be implemented from June 2015 (w.e.f. Nov 2012) | ||
| Rs.4835.00 | Rs.4789.00 | Rs.4711.00 |
| Grand Total | ||
| Rs. 37,072.00 | Rs. 36,716.00 | 36,118.00 |
Clerk Pay Scale in Syndicate Bank
Candidates applying for the Clerk Jobs can check the complete details regarding Syndicate Bank Salary of the Clerk by going through the given table. Apart from it, you can find some additional details related to the How To Get A Bank Job In India.
| Salary | Metropolis (Region With More Than 45 Lakhs Population) |
State Capitals (Region With Population Of 12 To 45 Lakhs) |
| Basic Salary | Rs. 8,000 | Rs. 8,000 |
| Dearness Allowance | Rs. 4,320 | Rs. 4,320 |
| HRA | Rs. 800 (10% HRA) | Rs. 720 (9% HRA) |
| Transport Allowance | Rs. 225 | Rs. 225 |
| Total Salary | Rs. 13,345 | Rs. 13,265 |
| Salary | Regions With Population Below 5 Lakhs To 12 Lakhs |
Regions With Population Below 5 Lakhs |
| Basic Salary | Rs. 8,000 | Rs. 8,000 |
| Dearness Allowance | Rs. 4,320 | Rs. 4,320 |
| HRA | Rs. 600 (7.5% HRA) | Rs. 560 (7% HRA) |
| Transport Allowance | Rs. 225 | Rs. 225 |
| Total Salary | Rs. 13,145 | Rs. 13,105 |
Designation Wise Syndicate Bank Salary
For the convenience of the contenders, we have provided Syndicate Bank PO/Clerk/Assistant Manager Salaries on monthly or yearly basis, so what are you waiting for? Go ahead as soon as possible.
| Post Name | Salary |
| Assistant Manager – Monthly | Rs. 30,725 |
| Assistant Manager- yearly | Rs. 4,28,125 |
| PO | Rs. 30758 |
| Clerk – Monthly | Rs. 30,125 |
| Manager – Monthly | Rs. 33,133 |
| Bank Manager- yearly | Rs. 4,52,334 |
| Senior Branch Manager – Monthly | Rs. 65,332 |
Get Here Current Job Notice of Syndicate Bank
Scale Wise Salary Structure Of Bank Officers
| Pay scale | Increment | After Increment |
| Rs. 14500 (Scale I) | Rs. 600 for 7 years | Rs. 18700 |
| Rs. 19400 (Scale II) | Rs. 700 for 1 year | Rs. 20100 |
| Rs. 25700 | (Scale III) | Rs. 800 for 5 years |
| Rs. 30600 (Scale IV) | Rs. 900 for 4 years | Rs. 34200 |
| Rs. 36200 (Scale V) | Rs. 1000 for 2 years | Rs. 38200 |
| Rs. 42000 (Scale VI) | Rs. 1200 for 4 years | Rs. 46800 |
| Rs. 46800 (Scale VII) | Rs. 1300 for 4 years | Rs. 52000 |
| Pay scale | Increment | After Increment |
| Rs. 14500 (Scale I) | Rs. 700 for 2 years | Rs. 20100 |
| Rs. 19400 (Scale II) | Rs. 800 for 10 years | Rs. 28100 |
| Rs. 25700 | Rs. 29700 | Rs. 900 for 2 years |
| Rs. 30600 (Scale IV) | Rs. 1000 for 2 years | Rs. 36200 |
| Rs. 36200 (Scale V) | Rs. 1100 for 2 years | Rs. 40400 |
| Pay scale | Increment | After Increment |
| Rs. 14500 (Scale I) | Rs. 800 for 7 years | Rs. 25700 |
| Rs. 25700 | Rs. 31500 | — |
Do You Know: How To Negotiate Salary With HR
Additional Perks for a Probationary Officer
Apart from the Syndicate Bank Salary, contenders can acquire more details regarding other perks and benefits by going through this page. Here we have described each and every detail regarding the perks and benefits, so please have a look.
Leased Accommodation:
- This facility is available in place of HRA.
- Sometimes, banks provide Official Bank Accommodation/Bank Quarter as leased accommodation.
Medical Aid:
A fixed annual amount is paid by most of the banks.
Traveling Allowance:
Bank provides fixed Traveling Allowance whereas others allow reimbursement of petrol bills.
Newspaper Reimbursement:
- A fixed amount is paid towards the cost of one newspaper to the PO on monthly basis.
- Benefits under New Pension Scheme.
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Syndicate Bank Ltd.
Syndicate Bank Ltd. is one of the oldest and major commercial banks of India. At the time of its establishment, the bank was known as Canara Industrial and Banking Syndicate Limited. Employees working in Syndicate Bank are entitled to get handsome salary packages and allowances.
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