Central Bank Of India PO Salary And Perks

Hyy I want to Know Central Bank Of India Probationary Officer Salary And Perks Facilities Information Here Would you please Provide me ?

Friend for your information I m providing New Salary of PO after Wage Revision in Central Bank of India

Present Hike 15% Corresponding Basic 26705

Current Basic 14500

Current DA % 109.8 15921 Corresponding Revised DA % (33.1) 8839.36

Current HRA % 6.5 942.5 Corresponding HRA % (7.475) 1996.2

Current Gross Salary 31364 Corresponding Gross Salary 37541

Current NPS Contribution 3042.1 Corresponding Revised NPS Contribution 3554.44

Current Net Salary 28321 Corresponding Revised Net Salary 33986

In addition to Basic Pay, bank officers (i.e. Probationary officers / PO / Management Trainees) 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 new revised current DA (for the month of August 2016, September 2016 and October 2016 is 45.50% 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 (wef 01/11/2012) and for scale I is 7.75% on which DA is also payable


(c) 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.

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

__________________
Answered By StudyChaCha Member