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Old April 22nd, 2016, 10:42 AM
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Join Date: Nov 2011
Default Re: Pay Scale of Assistant Manager in State Bank of Hyderabad

Hello, here I am providing you the details of the salary of the assistant manager of the State Bank of Hyderabad as under:

SBH Asst Manager Salary:

Basic: 14500
DA(84.15%):12201
HRA (6.5%):942
CONVEYANCE (40 Ltrs): 2800
News paper: 450
Cleansing: 750
Casual Labour: 390
Entertainment: (7000/12) :583 ( varies from 7k to 17k depending on assignment )
Tea Etc : 250
Total: 32866/-

(For late sitting additional 2500/- pm)
Lease accommodation: 8000/- Rural places (Min) to 29500/- (mumbai)

Deductions as usual:

PF Contribution: 10 %( Basic + DA)
Prof Tax: 200
I tax

In addition:
90000/- for Fixtures and furniture ( for a span of 5 -10yrs)
5100/- pa medical allowance
9000/-pa furniture maintenance
14000/- pa annual closing allowance
Housing loan of Rs 20 Lakhs at a concessional interest of 6% Simple Interest.( works out to (min) Rs 5000/- pm savings when compared to public interest rate )
Fest Advance, Computer Loan, Car loan,Education Loan : concessional interest rates
LFC/HTC
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