Bank Of Baroda PO Salary
Bank of Baroda is grasping the complete attention of the BOB candidates because of job stability, handsome Bank of Baroda PO Salary after 7th CPC, along with additional perks, benefits and Promotion.
Selection panel of Bank conducts Bank of Baroda Exam every year for employment of enthusiastic and eligible aspirants for vacant post of Probationary Officer. To collect information about Bank of Baroda PO Salary you should scroll down this page.
BOB PO Salary 2018-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 after Revision 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
Bank Of Baroda PO Salary Structure:
For the easiness of candidates, we have provided complete Bank Of Baroda PO Salary structure 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 DA % 10.98||15921|
|Current HRA % 6.5||942.5|
|Current Gross Salary||31364|
|Current NPS Contribution||3042.1|
|Current Net Salary||28321|
Check Out Latest Job Notice: Bank Of Baroda Recruitment
Bank Of Baroda PO Salary – After Revision in Salary (after 7th pay commission):
|Bank Of Baroda PO Salary Slip|
|Present Hike in BOB PO Salary||15%|
|Corresponding Revised DA % (33.1)||8839.36|
|Corresponding HRA % (7.475)||1996.2|
|Corresponding Gross Salary||37541|
|Corresponding Revised NPS Contribution||3554.44|
|Corresponding Revised Net Salary||33986|
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
Promotions at Bank of Baroda are faster. Candidates start off as Assistant Managers (JMGS I). Following which they’re promoted as:
- Middle Management Grade Scale II (Manager)
- Middle Management Grade Scale III (Senior Manager)
- Senior Management Grade Scale IV (Chief Manager)
- Senior Management Grade Scale V (Assistant General Manager)
- Top Management Grade Scale VI (Deputy General Manager)
- Top Management Grade Scale VII (General Manager)
Perquisites for SBI PO:
- Leased accommodation ranging from Rs 8,000/- in ‘C’ category Centres to Rs 29,500/- in Mumbai Centre.
- Medical Aid for self (100%) and for family (75%).
- Home Travel Concession/ Leave Fare Concession.
- Concessional interest rates for Housing/Car/Personal Loans
Check Pay Scale & Perk for different posts: Bank Of Baroda Salaries
Other Perks Apart from Bank Of Baroda PO Salary
There are various numbers of perks apart from Salary of Bank of Baroda PO 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
Also Know About:
Allowances Apart from Bank Of Baroda Manipal PO Salary
Check the list of allowances which are provided to the candidates apart from Bank Of Baroda 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).
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.
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
Note: Bank Of Baroda PO Salary is presented by the team members of www.recruitmentinboxx.com at the above section. If contenders have any query regarding this page, 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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