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Old March 14th, 2016, 03:10 PM
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Join Date: Nov 2011
Default Re: Bank Of Baroda Scale 1 Officer Salary

Bank of Baroda is an Indian state-owned banking and financial services company headquartered in Vadodara in Gujarat, India.



Hey the average salary for the Specialist Officer Scale I is ₹5,01,840 for any bank included the Bank of Baroda in addition to that they get the following benifits



Dearness Allowance (DA) :

DA in banks is revised on quarterly basis (i.e. in the months of February, May, August and November) based on the CPI as declared by Government of India.

The new revised current DA (for the month of November 2015, December 2015 and January 2016 is 39.80% of the Basic Pay).

DA can go up with higher inflation and also come down if the inflation rate is in negative.



Special Allowance :

This has been added in 10th BPS (wef 01/11/2012) and for scale I is 7.75% on which DA is also payable



HRA :

This depends on the place of posting and it can be either 9.0% or 8.0% or 7.0% depending on the place of posting.



CCA :

This also depends on the place of posting and can be either 4% (maximum Rs.870/-) or 3%(Maximum Rs.600/-) or 0%


Bank Of Baroda Scale 1 officer Eligibility

You must have a degree in any discipline from a recognized University or its equivalent and

You must have proficiency in local language and Computer knowledge or awareness will be an added qualification.
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