candidates should not have been born earlier than 03-07-1980 and later than 30-06-1999 (both dates inclusive). Know how to apply for PNB Specialist Officer Examination. It is. Overall Salary depends on the city you live , salary given below is an approximate figure for a new joinee. The candidates who qualify the RBI Grade B exam are offered a starting basic pay of Rs. candidates should not have been born earlier than 03-07-1988 and later than 30-06-1999 (both dates inclusive). Officer Scale-II - Manager. 23700/- and after one year, he/she will get an increment of Rs 980. Salary of NABARD Grade B (Manager) Basic Pay - 35150/- p.m. within the scale of 35150 - 1750 (9) - 50900 - EB - 1750(2) - 54400 - 2000 (4) - 62400. Salary: For Scale 1 Officer-14500- 600/ 7- 18700- 700/ 2- 20100- 800/ 7- 25700. IBPS RRB Officer Scale I – Career Growth. Therefore, the in-hand salary of an IBPS Clerk may range between Rs.11,765/- and Rs.31,540/-. It is. 48800/- is the basic pay per month, including dearness allowance and HRA. The in-hand salary of IBPS RRB Officer ranges from Rs. Now a days Banking jobs are one of the most popular jobs in India. Bank of India has recently advertised 670 posts of specialist officer in the JMGS-I and MMGS-II cadre. Thus the IBPS RRB officer scale I salary in-hand may range between Rs. Allowances are usually calculated as a percentage of basic salary. 23,700 but after 7 years it gets … 29000 to 33000. Special Allowance: For scale I it is paid @ rate of  7.75%, Perquisites (Conveyance, Newspapers, Entertainment allowance, House & Furniture Maintenance etc. EPF(Employee Provident Fund) and HRA are linked to Basic Salary. The salary structure of Officer Scale III is in the range of Rs. Before knowing about the SBI PO salary in-hand and other details, go through the job role. You can see the DA variation on IBA website by clicking here. In this article you are going to know the salary you are going to get once you are selected as Banking Officer , Clerk , Specialist Officers or Assistant. 32850. In SBI there is a provision of four additional increments for Probationary Officers at the time of joining hence the salary of  SBI PO is around 6000 more as compared to PO from other nationalized banks. When a candidate is appointed for the post of IBPS RRB PO he/she undergoes a training or is under probation of 2 years. Rs 29,000 - Rs 33,000. 23700-980x7/30560-1145x2/32850-1310x7/42020. 64600/- is the total compensation per month, including dearness allowance and HRA. HRA: This is paid @ 9.0% or 8.0% or 7.0%   depending on the place of posting. At present the DA is 46.90% and DA changes on quarterly basis. India Post GDS Salary 2020. In Banks, salary revision takes place after every 5 years. The salary pay scale as mentioned is exclusive of DA, CCA, HTA, Allowances. This is the mother of all injustice. of Monthly Pay. The present rate of HRA is 10% or 9% or 7.5% depending on the place of posting and City Compensatory Allowance, i.e. 1. Scale 2 officer requires minimum experience of two years. Emoluments: Including dearness allowance, local allowance, house rent allowance, family allowance and grade allowance initial monthly gross emoluments are approximately Rs 53,888. Manager) (including the Private Secretary in Grade ‘A’), 17100-1000(11)-28110-EB-1000(4)-32100-1100(1)-33200(17years), 21000-1000(9)-30000-EB-1000(2)-32000-1100(4)-36400(16 years), Officers in Grade ‘C’ (Asstt.Gen.Manager), 28350-1000(5)-33350-1150(4)-37950- EB-1150(3)-41400(13 years), 39850-1200(2)-42250-1300(3)-46150(6years), 42300-1300(3)-46200-1400(3)-50400-1600(1)-52000(8 years), Officers in Grade ‘F’ (Chief General Manager), Sr Private Secretary and Principal Private Secretary, 21000-1000(9)-30000-EB-1000(2)-32000-1100(4)-36400-EB-400(1)-36800-1150(4)-41400(21years), CAT 2020 Analysis – Slot 1 – Score to Percentile, IBPS PO Mocks – IBPS PO Mock Test Series by Toppers, IBPS PO Mains Cutoff – Past Trends 2014 and 2013. 10 lacs and this gradually increases over a period of time. The gross is around 53000 and in hand is around 46000. The designation waiting for the Bank clerks after promotion is the Officers. Ads by Google . Discussed below is the IBPS Clerk salary in India along with a basic description of the distribution of allowances in the salary structure. 31705/- and after one year, he/she will get an increment of Rs 1145 and when the Basic Pay reaches Rs. The exemption is the least of following: And certainly, HRA depends on the place of posting. Rs 33,000 - Rs. 11765-655(3)-13730-815(3)-16175-980(4)-20095-1145(7)-28110-2120(1)-30230-1310(1)-31540. Punjab National Bank Specialist Officer Salary Structure details available here. If you are the one who are going to apply for Institute of Banking Personnel Selection (IBPS) Officer Scale - 1, 2, 3 or Office Assistant vacancies and looking for the details of IBPS RRB Salary 2019 then you are at right place. Scale INR 8040-410(3)-9270-500(4)-11270-550(4)-13470-650(3)-15420-720(1)-16140- 990(4)-20100(20 years), Scale INR 6350-220(4)-7230-260(3)-8010-300(3)-8910-400(2)-9710-500(4)-11710-680(3)-13750(20 years), On popular demand and as a gesture to thank you all for […], CAT 2020 Analysis – Slot 1:  CAT 2020 had total of 76 questions with 26 questions […]. HRA: This is paid @ 10% or 9% or 7.5%  depending on the place of posting. CCA: This is paid @ 4%, 3% or 0% depending on the place of posting. Total  starting  emoluments  are  approximately INR 18100/- per month inclusive of DA and HRA at the current rate. 35150-1750 (9)-50900-EB-1750 (2)-54400-2000 (4)-62400. It forms the largest chunk of the salary and is taxable under Section 17 of Income tax act. 30560, he will be eligible to get an increment of Rs 1145 for further 2 years till his salary reaches Rs. 37000. Total  starting  emoluments  are approximately INR 64600/- per month inclusive of DA and HRA at the current rate. Latest bank jobs cash in hand salary for new joinee. © 2014-2020 Careeranna Education Pvt Ltd. Actual house rent allowance received from the employer. Leased accommodation upto Rs 29500, in lieu of HRA. Latest Salary Structure of Banks in India. For Officer Scale- II: Above 21 years – Below 32 years i.e. Besides the basic pay, candidates are also entitled to various allowances & other perks. Vaibhav December 9, 2015 at 11:48 am The post will be treated as unitary cadre and candidates may be posted in any department anywhere in India. . 23,700/-. Candidates interested in IBPS Specialist Officer job must check the IBPS SO salary structure to get an idea of the in hand and gross salary they will be getting when they join the Bank. They get the pay scale of Rs 138,808 – Rs 375,517 per annum. Rupali Pruthi Sep 2, 2020 13:46 IST Modified On: 02-SEP-2020 13:46. Then he/she will be eligible to get an increment of Rs. (b) House Rent Allowance (HRA) : House Rent allowance is given to the employee to meet the rental expenses for his/ her accommodation. Leased accommodation upto Rs 29500, this is provided in lieu of HRA. At present, the gross is around Rs.43000 and in hand is around Rs. The salary of Bank Clerk is pretty attractive. Only then you can excel in your work to attain promotions. (d) CCA : This is Compensatory City Allowance and is paid for covering the cost of living in an expensive city. 32850. It forms the largest chunk of the salary and is taxable under Section 17 of Income tax act. At the joining level, the annual Bank PO salary may range between Rs. The basic pay of an IBPS Specialist Officer for Scale 1 posts is Rs. Likewise, he/she will get 7 such increments and when the Basic Pay reaches Rs. 2. SBI PO Salary 2020: Here we are providing salary structure and allowances offered to Probationary Officers (PO) in the State Bank of India. Salaries at Union Bank of India range from an average of ₹381,347 to ₹1,085,687 a year. 1310 for further period of 7 years till his/her salary reached Rs. 33,000 Transport Allowance: It is paid for conveyance amounting to INR 425.00. 42,000/- to Rs. Check SBI SO Salary in-hand, post-wise salary… This is paid over and above basic salary. Various Components . Similarly, the IBPS RRB officer scale II salary in-hand will range between Rs. the DA is INR 4272.08. the DA amount is INR 8605.88. Candidates can also check the Bank Employee Salary range for other posts in the banking sector at the linked article. That is, a MMGS-II will have a basic pay of Rs. Likewise, he/she will get 7 such increments and when the Basic Pay reaches Rs. Today we are sharing with you all Salary , Perks and Emoluments of Bank of India specialist officer in the JMGS-I and MMGS-II cadre. IBPS RRB Officer Scale-I is a position for the post of Manager Trainee in the Regional Rural Banks or Gramin Bank. Officers are eligible to get reimbursements of medical charges as per eligibility and get some of the dispensary facilities. You can read about Bank of India SO Recruitment 2017: Exam Dates, Notification, Eligibility from the link below, You can apply online for the  Bank of India SO Recruitment 2017 from the link below, SBI Clerk Cut Off 2020: State Wise & Category Wise SBI Clerk Prelims & Mains Cut Off Marks, IBPS PO Re-Exam Admit Card 2020 Released, Check IBPS PO Prelims Re-Exam Admit Card Download Link, IBPS RRB PO Prelims Re-Exam Admit Card 2020: Download RRB Officer Scale 1 Call Letter, Bank of India SO Recruitment 2017: Exam Dates, Notification, Eligibility, Apply online for Bank of India SO Recruitment 2017. If living in a metro(Delhi, Mumbai, Kolkata or Chennai), then 50% of basic salary, Basic Pay: The basic pay for PO is same irrespective of the city of appointment. It is. Now let us have a look at that detailed Latest Salary Structure in Banks, depending on the profile one is into. programming, web development, data science, and more. All the bank employees get loans and advances at a much cheaper rate for Housing, Vehicle, Computers etc. The newly appointed probationary officers in SBI shall be on 2-year probation from the date of appointment. 4,130). 23700-980(7)-30560-1145(2)-32850-1310(7)-42020. These include Dearness Allowance, House Rent Allowance, City Compensatory Allowance, Transport Allowance etc., which are revised from time to time during settlements and are also eligible for reimbursements like Newspapers, Cleaning, Furniture (as per eligibility), Group Personal Accident Insurance and LTC etc. 42020-1310/5-48570-1460/2-51490. Bank Clerks get fair chances of promotion. Then he/she will be eligible to get an increment of Rs. One searching for IBPS Specialist Officer Salary over internet can refer IBPS SO Salary Scale for IT Officer & others as per Pay 7th CPC. For Officer Scale- III: Above 21 years – Below 40 years i.e. This is one gerat opportunity for those who want to make a career in banking sector. IBPS SO IT Salary In Hand is the basic salary and increments both added up. IBPS Specialist Officer Salary in Hand 2019: Basic Salary of IT Officer is starting from Rs. The pay scale of MMGS-II as mentioned in the notification is 31705-1145/1- 32850-1310/10 – 45950 and for JMGS-I is Rs. The approx. Both these cadres are eligible for many allowances. 33000 to 39000. Total  starting  emoluments  are approximately INR 36400/- per month inclusive of DA and HRA at the current rate. The promotion is based on the performance of the employees and interviews. The Bank Officer and Bank Executive salary scales reflect our entry level positions, including our graduate salary level. Does the RBI Grade B Salary drive you to prepare for the upcoming Officer cadre exam?? Dearness Allowance (DA): As per the latest CPI released by the gov. (e) Conveyance allowance : It is paid for commuting between home and office. In-Hand Salary - At present, initial monthly Gross emoluments stands at approximately Rs.73600/- p.m. Allowances - Same as Assistant Manager but the amount of compensation is higher. Bank Officer / Workmen Revised expected Basic Pay and Salary Arrear Calculation with feature to calculate Leave Encashment arrears on reviosn of salary from Nov-2017 - Maxutils.com IBPS RRB Office Assistant (Multipurpose) - Clerk. The IBPS SO basic salary in-hand is 23700 and they are entitled to receive 33000-35000. Some locations include the quarter facilities for the newly recruited officers but it is purely subject to availability. At present, the gross is around Rs.43000 and in hand is around Rs. During the probationary period, the candidate will receive a fixed amount that is usually less than the normal pay scale. Special Allowance: The amount of special allowance is INR 911.79. IBPS RRB PO Other Allowances 2. Bank PO Salary 2020 - For aspirants seeking jobs in the banking sector, PO (Probationary Officer) is the most sought-after job with fruitful career growth options. SBI SO Recruitment 2020: SBI has released SBI SO Notificaton @sbi.co.in for 444 vacancy of Specialist Officer. Most common types of allowances for Banks and other PSUs are as follows: (a) Dearness Allowance (DA) : It a cost of living adjustment allowance paid to Government and Public sector employess (PSU). : SBI has released SBI SO Recruitment 2020: SBI has released SBI SO Recruitment 2020: SBI has SBI... Dispensary facilities III: Above 21 years – below 32 years i.e is appointed for the post IBPS... A year 03-07-1988 and later than 2018 expect an upward increase in salary by atleast 10 of. 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