Union Bank Basic Pay of PO

What is the basic pay of PO in Union Bank? Give me details for it ?/

Union bank is a reputed private bank situated in India .. here I am giving yoi information about basic pay scale for PO post in Union Bank of India ..

Basic Pay of PO in Union Bank:
Basic Salary Rs.14500.00
Dearness Allowance (84.15%) Rs.12201.75
CCA(4% max Rs.540=) Rs. 540.00
HRA (Major A class cities - 8.5%, Other places in Area I -7.5%, Other places - 6.5%) Rs.1232.50
Total Rs.28,474.25

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Answered By StudyChaCha Member

Hey buddy can you please tell me how much pay scale is there for a Bank PO offered by the Union Bank Of India?

As you want to know about the pay scale of bank PO offered by the Union Bank Of India for that I will help you here to get some details about it.

Here is the salary pay scale for a bank PO as on 2015

JMGS-I - Rs.14, 500/- TO Rs.31, 500/-@

MMGS-II - Rs.19, 400/- TO Rs.34, 200/-@

MMGS-III - Rs.25, 700/- TO Rs.35, 100/-@

@including two additional stagnation increments

SMGS-IV - Rs.30, 600/- TO Rs.36, 200/-

SMGS-V - Rs.36, 200/- TO Rs.40, 400/-

TEG-VI - Rs.42,000/- TO Rs.46,800/-

TEG-VII - Rs.46,800/- TO Rs.52,000/-



CITY COMPENSATARY ALLOWANCE

CCA rates are as under:

Places in Area I - 4% of Basic Pay, Max. Rs.540/-p.m.

Places with population of more than 5 lacs - 3% of Basic Pay,

Max. Rs.375/-p.m.

HOUSE RENT ALLOWANCE

We have retained the existing rate of HRA as under:

Major A class cities - 8.5%

Other places in Area I - 7.5%

Other places - 6.5%

MEDICAL AID –

For officers other than SBI, the medical aid has been enhanced as;

Scale I to III – Rs. 5100/- p.a.

Scale IV & above - Rs. 6320/- p.a.

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Answered By StudyChaCha Member