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Bank Salary Structure – Revised PO/Clerk/SO Pay Scale, Allowances & Perks

Bank Salary Structure

There are many students who want to be a banker, but do you have any idea about the Bank Salary Structure. Bank provides different salary as per the position of the candidates.

Other than salary, bank also provides some beneficial allowances and perks to the position of PO/Clerk/ SO. Every year there is little bit changes occur in the pay scale of the bank employees. Here we have given revised pay scale for the bank staff.

Bank Salaries:

Salary plays a very important role of any employees before we work for it. So, you should clear all the contents related to bank salary structure. After 7th pay commission there is lot of changes in the bank salaries.  We have given updated Pay Scale according to the post.

We, the team of www.recruitmentinboxx.com are providing the details for Bank Salary Structure and Calculator (PO, Clerk, SO) on our web portal. There are number of other perks available to bank officers and clerk and these vary from bank to bank and even the amount of such perks vary from bank to bank.

Bank Salary Structure

HSBC Bank Salary In India

Bank Of Baroda Salaries

HDFC Bank Salaries

IDBI Bank Salaries

SBI Clerk Salary Structure

Central Bank Of India Salaries

Axis Bank Salaries

Syndicate Bank Salary

IBPS Clerk Salary

IBPS PO Salary Package

ICICI Bank Salaries

Bank Branch Manager Salaries

SBI PO Salary Structure

Bank Probationary Officer Salary

IBPS Specialist Officer Salary

Canara Bank PO Salary

Bank Branch Manager Salary

Bank of Baroda PO Salary

Check out above stated link to get complete information about pay Salary Package of Bank for different post such as PO / Clerk / SO. We update this page on regular basis, so as soon as latest information about any updations will available, we will provide it on this page.

Know Here: How to Get Direct Recruitment in Private Banks

Bank Salary Structure In India

Bank PO Salary After Revision:

Remuneration HeadCurrent Amount Payable Revised Amount Payable
Basic Pay (BP)Rs. 14,500Rs. 27, 865 (With 20% Increase)
Dearness Allowance (DA)Rs. 12,781Rs. 10,839
House Rent Allowance(HRA)Rs. 1,087Rs. 2,786
Total In Hand SalaryRs. 28,368Rs. 41,490

Bank Clerk Salary After 7th Pay Commission:

Remuneration HeadCurrent Amount PayableRevised Amount Payable
Basic Pay (BP)Rs. 8,000Rs. 12,812 (With 20% Increase)
Dearness Allowance (DA)Rs. 8,000Rs. 5,124
House Rent Allowance(HRA)Rs. 800Rs. 1,921
Total In Hand SalaryRs. 16,800/-Rs. 19,857

Read Also: Career in Banking Sector In India

Bank SO Salary:

AssetsMetro Cities(State Capital etc.)(District Level and Rural Areas)
Basic PayRs.14500/-Rs.14500/-Rs.14500/-
Dearness AllowanceRs.14485.5/-Rs.14485.5/-Rs.14485.5/-
CCA (3% to 4% Max. Rs540/-)Rs.540/-Rs.375/- —-
Total Salary (Excluding HRA)Rs.29525.5/-Rs.29360.5/-Rs.28985.5/-
HRA – 8.5% ; 7.5%; 6.5%*Rs.1232.50/-Rs.1087.50/-Rs.942.50/-
Total Salary (including HRARs.30758/-Rs.30448/-Rs.29927.5

PO Salary After 10th Bipartite Settlement:

Increment (Percentage)Basic PayTotal Gross Salary
15Rs.26,706/-Rs.37,068/-
20Rs.27,866/-Rs.38678/-
25Rs.29,026/-Rs.40,288/-
30Rs.30,187/-Rs.41,899/-

Do You Know: How To Get A Bank Job In India

What are other perks that are available to Bank PO/ SO and Clerk:

There is huge number of other perks available to Bank officers and clerks and these differ from bank to bank, and even the amounts of such perks vary from bank to bank. Some of the perks available to Bank officers are:

  • Leased Accommodation
  • Traveling Allowance
  • Newspaper Reimbursement
  • Medical Aid and Coverage under New Pension Scheme
  • Home Travel Concession/ Leave Fare Concession
  • Concessional interest rates for Housing/Car/Personal Loans

Do You Know: How To Negotiate Salary With HR

Banks in India are not only strong but are also increasing quickly. According to research banking sector is one of greatest growing sectors in the country. This development has brought many opportunities.

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4 comments

  1. I am interested in this job

  2. plz give m job clerk

  3. i am a graduate in bca & i am looking for a job now

  4. how can apply for this job

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