Salary Of Clerk In Bank Of Maharashtra

I want to build my career in banking line for this I have decided to apply in Bank of Maharashtra for the post of Clerk. Will you please provide me Salary Of Clerk In Bank Of Maharashtra and also provide list of other benefits and allowances given to Clerk so I decide to join here or not?

Bank of Maharashtra is a major public sector bank in India. Government of India holds 81.61% of the total shares.

Products offered:

Consumer banking
Corporate banking
Finance and insurance
Investment banking
Mortgage loans, private banking, private equity, savings, Securities, asset management, wealth management, Credit cards,

Salary details:

Clerks in the following scale at the 1st stage of the grade :-

Rs. 11765 - (655x3) - 13730 - (815x3) - 16175 - (980x4) - 20095 - (1145x7) - 28110 - (2120x1) - 30230 - (1310x1) - 31540

Thus, the initial Basic Pay of a clerk will be Rs.11765/-

Other allowances:

In addition to Basic Pay, clerks in banks are eligible for the following allowances :-

(a) 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 current DA (for the month of May 2016; June 2016, July 2016 has been fixed at 41.90% of the Basic Pay). DA can go up with higher inflation and also come down if the inflation rate is in negative.

(b) Special Allowance : This has been added in 10th BPS for clerks it 7.75% on which DA is also payable

(c) HRA : This depends on the place of posting and it can be either 10% or 9% or 7.5% depending on the place of posting.

Contact:

Bank of Maharashtra
Central Office, 'Lokmangal',
1501, Shivajinagar Pune-411005

Telephone Numbers : 020 - 25532731, 733, 734, 735, 736
020 - 25532728
020 - 25514501 - 12
020 - 25513781

bank of maharastra cleark sallery