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Bank of Baroda PO Salary 2018-19 After Revised 7th CPC, Perks & Allowances

Bank Of Baroda PO Salary                      

After Revised 7th CPC, want to know, changes done in Bank of Baroda PO Salary. If yes, then you can get complete details of BOB PO Salary, Perks & Allowances after Revision, Pay Slip etc from this single page.

Contenders, who are going to apply for Bank of Baroda PO Recruitment, must know about the changes done in Bank of Baroda Probationary Officer salary after revision of 7th Central Pay Commission.

Bank of Baroda PO Salary 2018 After 7th Pay Commission -Chcek Details:

Bank of Baroda has revised Bank Of Baroda Manipal PO Salary. There is hike in Salary of PO in Bank of Baroda after 7th CPC, in an interval of every six month.  Candidates can check the Bank of Baroda PO Salary and Perks with the help of this page

The team of www.recruitmentinboxx.com has well provided all significant information regarding Bank of Baroda PO Salary 2018-19 here. To clutch the entire detail about BOB PO Salary after 7th CPC, you need to glance on underneath segment of this web page.

Check Post Wise Here:  Bank PO/ Clerk / SO Salary Structure

Bank of Baroda PO Salary 2018

Bank Of Baroda PO Salary Structure

For the easiness of candidates, we have provided complete BOB PO Salary before and after 7th CPC. You are advised to go through the Po Salary In Bank Of Baroda carefully.

Bank Of Baroda PO Salary- Before Revision: (Before 7th pay commission):

Salary Of Bank Of Baroda PO
Current Basic14500
Current DA % 10.9815921
Current HRA % 6.5942.5
Current Gross Salary31364
Current NPS Contribution3042.1
Current Net Salary28321

Check Out Latest Job Notice: Bank Of Baroda Recruitment

Bank of Baroda PO Salary After 7th Pay Commission:

Bank Of Baroda PO Salary Slip
Present Hike in BOB PO Salary15%
Corresponding  Basic26705
Corresponding   Revised DA % (33.1)8839.36
Corresponding  HRA % (7.475)1996.2
Corresponding  Gross Salary37541
Corresponding  Revised NPS Contribution3554.44
Corresponding   Revised Net Salary33986

Read More On: Career in Banking Sector In India

Responsibilities of a PO in BOB:

Along with the good and impressive amount of Bank of Baroda PO Salary, selected candidates will get huge responsibilities. We have provided Responsibilities of a Probationary Officer in Bank of Baroda

  • Marketing of Products, Services & Schemes
  • Bringing new business to the bank
  • Solving customer grievances
  • Handling daily customer transactions
  • Cash Management
  • Supervising clerical work
  • Other tasks bestowed by the bank

Careers Progression & Bank of Baroda PO Salary Details:

Junior Management Grade – Scale I: Officer i.e. PO23700 – 980 – 30560 – 1145 – 32850 – 1310- 42020
Middle Management Grade – Scale II: Manager31705 -1145 -32850 -1310 -45950
Middle Management Grade – Scale III: Senior Manager42020 -1310 -48570 -1460 -51490
Senior Management Grade – Scale IV: Chief Manager50030 -1460 -55870 -1650 -59170
Senior Management Grade Scale V: Assistant General Manager59170 -1650 -62470 -1800 -66070
Top Management Grade Scale VI: Deputy General Manager68680 -1960 -76520
Top Management Grade Scale VII: General Manager76520 -2120 -85000
Executive DirectorApprox 1.5 + lac
Chairperson and Managing DirectorApprox 2 + lac

Check Pay Scale & Perk for different posts: Bank Of Baroda Salaries

Bank of Baroda PO Salary and Perks

There are various numbers of perks apart from BOB PO Salary which are presented by the bank to the appointed candidates on Probationary Position. Some of the perks available to Bank officers are:-

#1. Leased Accommodation

Appointed candidates on PO Position is awrded by HRA (House Rent Allowance) and at some banks, they may be offered official bank accommodation / bank quarters in lieu of leased accommodation.

HRA Amount is different from bank to bank and place of postings. However, you should remember that this amount is not available as cash component and will directly go to the house owner – you have got leased.

#2. Travelling Allowance

Some banks allow fixed Travelling Allowance whereas others allow reimbursement of petrol bills i.e. officer must own scooter / car at the place of posting

#3. Newspaper Reimbursement

A fixed monthly amount is paid towards the cost of one newspaper

#4. Medical Aid

A fixed annual amount is paid by most of the banks (Revised amount is Rs8000/- p.a.)

#5. Coverage under New Pension Scheme

Bank of Baroda PO Salary and Allowances

Check the list of allowances which are provided to the candidates apart from BOB PO Salary.

Dearness Allowance (DA)

Dearness allowances is revised on quarterly basis like 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 November 2016, December 2016 and Jan 2017 was 47.80% of the Basic Pay).

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

House Rent Allowance (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.

CCA:

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

Get More: Upcoming Bank Jobs

Bank Of Baroda PO Salary 2018-2019 is presented by the team members of www.recruitmentinboxx.com at the above section. If contenders have any query regarding Bank of Baroda PO Salary Slip, you may drop comment in below mentioned comment box. Our team will solve your query and provide you satisfactory answers as soon as possible.

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