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Union Bank of India was built up in Mumbai in the mid twentieth century i.e eleventh November 1919 and the working in which it was headquartered later on was initiated by none other than the father of country, Mahatma Gandhi in 1921. Salary Structure of a Bank PO Component Major A Class Cities - Metro Cities Other Places in Area I - (State Capital Etc.) Other Places - (District Level and Rural Areas) Basic Pay 23700.00 23700.00 23700.00 Special Allowance 1836.75 1836.75 1836.75 Dearness Allowance @ 99.9% 10163.63 10163.63 10163.63 CCA (3% to 4% Max. Rs540/-) 870.00 600.00 0.00 Total Salary (Excluding HRA i.e. if Leased Accommodation is availed by the officer) Rs 36570.38 Rs 36300.38 Rs 35700.38 HRA – 8.5% ; Rs 2133.00 7.5%; Rs 1896.00 6.5% 1659.00 Total Salary (including HRA i.e. if officer does not avail leased accommodation) Rs 38703.38 Rs 38196.38 Rs 37359.38
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