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  #1  
Old May 10th, 2013, 12:14 PM
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Default Corporation Bank PO Salary

Can you please provide me the idea of Corporation Bank PO Salary??
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  #2  
Old May 10th, 2013, 02:59 PM
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Default Corporation Bank PO Salary

Can you tell me the exact salary of the bank PO for all grade.?
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  #3  
Old May 13th, 2013, 11:56 AM
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Default Re: Corporation Bank PO Salary

Here I am giving you idea of Corporation Bank PO Salary

Corporation bank Pay Scale
Basic pay 14500
DA 8720
HRA 1232
City compensatory allowances 540
SO 25k
Allowances
Petrol 35litres Rs 1150rs
Entertainment 450 Rs
Canteen Subsidy 250 Rs
Telephone expenses 386 Rs
Paper-125 Rs
All together 3800 Rs
Medical expenses 5100 Rs per annum

Corporation bank PO Pay Scale:
Basic pay Rs14500
DA ( ie current 60.15%) Rs 8721.75
CCA Rs 540
Lease in 'a' grade city Rs 6500
Furniture allowance after probation Rs 150000
Petrol after probation Now 25 ltr
News paper Rs 150 per month
Deduction
Pf contribution Rs 2322
Professional tax Rs200
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  #4  
Old May 13th, 2013, 03:51 PM
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Default Re: Corporation Bank PO Salary

Salary for Major A class cities :
Metro Cities
Basic Salary Rs.14500.00
Dearness Allowance (80.25%) Rs.11636.25
CCA(4% max Rs.540) Rs. 540.00
HRA Rs.1232.50
Total Rs.27,908.75

Salary for Other places in Area I(State Capitals):

Basic Salary Rs.14500.00
Dearness Allowance (80.25%) Rs.11636.25
CCA(4% max Rs.540) Rs.375.00
HRA Rs.1087.50
Total Rs. 27,598.75

Other places (District level and Rural Places):
Basic Salary Rs.14500.00
Dearness Allowance (80.25%) Rs.11636.25
CCA(4% max Rs.540 ) nil
HRA Rs.942.50
Total Rs.27,078.75


Here I am providing you the screen shot for more detail information about the salary.



Address:
Corporation Bank
Corporate Office
Mangaladevi Temple Road
Pandeshwar
Mangalore - 575 001
Karnataka
ph. 91-824-2426416

Quote:
Originally Posted by Unregistered View Post
Can you tell me the exact salary of the bank PO for all grade.?

Last edited by Aakashd; January 30th, 2014 at 10:25 AM.
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  #5  
Old February 19th, 2014, 03:31 PM
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Join Date: Jun 2013
Posts: 42,231
Default Re: Corporation Bank PO Salary

As you want to get the salary Corporation Bank PO Employees, so here I am providing the following information about salary:

Corporation Bank PO Pay Scale (Expected)




SCALES of Bank PO (Expected)
JMGS-I - Rs.14, 500/- TO Rs.31, 500/-@
MMGS-II - Rs.19, 400/- TO Rs.34, 200/-@
MMGS-III - Rs.25, 700/- TO Rs.35, 100/-@
@including two additional stagnation increments
SMGS-IV - Rs.30, 600/- TO Rs.36, 200/-
SMGS-V - Rs.36, 200/- TO Rs.40, 400/-
TEG-VI - Rs.42,000/- TO Rs.46,800/-
TEG-VII - Rs.46,800/- TO Rs.52,000/-

Dearness Allowance
For every 4 points rise/fall in index, Dearness Allowance at 0.15% per slab.

City Compensatory Allowance
CCA rates are as under:
Places in Area I - 4% of Basic Pay, Max. Rs.540/-p.m.
Places with population of more than 5 lacs - 3% of Basic Pay,
Max. Rs.375/-p.m.

House Rent Allowance
We have retained the existing rate of HRA as under:
Major A class cities - 8.5%
Other places in Area I - 7.5%
Other places - 6.5%

Medical Aid
For officers other than SBI, the medical aid has been enhanced as;
Scale I to III – Rs. 5100/- p.a.
Scale IV & above - Rs. 6320/- p.a.

Bank PO Perks and Facilities (Expected)

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  #6  
Old October 29th, 2015, 02:00 PM
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Default Re: Corporation Bank PO Salary

Hello, I had given the exam of bank PO and I got cleared. Now I want to know the salary of bank PO of corporation bank.
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  #7  
Old October 29th, 2015, 02:00 PM
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Join Date: Jun 2013
Posts: 42,231
Default Re: Corporation Bank PO Salary

Hello, the salaries of the POs are fixed by the government as per the rules. So here I am sharing the details of salaries of major PSU banks:
PSU Bank PO Salary at Joining Time in India

As per the 7th pay commission of the government, the pay scale for the PO in Corporation Bank will be as follows in year 2015 and 2016.

Basic Salary
Major A class cities :Metro Cities Rs.14500.00
Other places in Area I(State Capitals etc) Rs.14500.00
Other places (District level and Rural Places) Rs.14500.00
Dearness Allowance (110.10%)
Major A class cities :Metro Cities Rs. 15964.50
Other places in Area I(State Capitals etc) Rs. 15964.50
Other places (District level and Rural Places) Rs. 15964.50
CCA(4% max Rs.540=)
Major A class cities :Metro Cities Rs. 540.00
Other places in Area I(State Capitals etc) Rs.375.00
Other places (District level and Rural Places) nil
HRA (Major A class cities - 8.5%, Other places in Area I -7.5%, Other places - 6.5%)
Major A class cities :Metro Cities Rs.1232.50
Other places in Area I(State Capitals etc) Rs.1087.50
Other places (District level and Rural Places) Rs.942.50
Total
Major A class cities :Metro Cities Rs. 32237.00
Other places in Area I(State Capitals etc) Rs. 31927.00
Other places (District level and Rural Places) Rs. 31407.00
Add 15 % increase in pay slip as per new settlement which is expected to be implemented from June 2015(w.e.f. Nov 2012)
Major A class cities :Metro Cities Rs.4835.00
Other places in Area I(State Capitals etc) Rs.4789.00
Other places (District level and Rural Places) Rs.4711.00
Gr Total
Major A class cities :Metro Cities Rs. 37,072.00
Other places in Area I(State Capitals etc) Rs. 36,716.00
Other places (District level and Rural Places) Rs. 36,118.00
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  #8  
Old March 24th, 2017, 11:16 PM
ks rao
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Default Re: Corporation Bank PO Salary

pl let us know the leased house rental slabs for corporation bank managers,and is ther any change in the comming months.
kv.sudhi@gmail.com
9844355178
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