Bank of Baroda Probationary Officer Pay Scale

Do you have any information about pay scale of Probationary Officer of Bank of Baroda? Actually I want to know this because I am thinking to apply for this Post. The Bank of Baroda will release recruitment for Probationary Officer in next month, so tell me what is minimum eligibility criteria and age limit required by any candidate?

I want to know the pay scale of Probationary Officer PO in Bank of Baroda so will you please tell me?

[shikha]

The revised salary of Probationary Officer PO in Bank of Baroda is 23700 - (980 7 ) -30560 - (1145 2 ) - 32850 - (1310 7) - 42020

Thus, the revised initial / starting Basic Pay of a Bank Probationary officer / PO will be Rs.23,700/- as on 1st June 2015

Bank of Baroda Probationary Officer Salary-

Newly Appointed Bank Po - Initial Salary / Starting Revised Pay On Joining [as on 1st November, 2016 ]

Major A
Class Cities* Area - I* Other Areas

Basic Pay 23700 23700 23700
Special Allowance 1836.75 1836.75 1836.75
DA 12,206.69 12,206.69 12,206.69
CCA 870 600
Transport Allowance 0 0 0

Total (without HRA) 38,613.54 38,343.54 37,743.54

HRA 2133 1896 1659

Gross with HRA 40,746.54 40,239.54 39,402.54

In addition to Basic Pay, bank officers (i.e. Probationary officers / PO / Management Trainees) are eligible for the following allowances :-

(a) Dearness Allowance (DA) :

DA in banks is revised on quarterly basis (i.e. 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 is 47.80% of the Basic Pay). DA can go up with higher inflation and also come down if the inflation rate is in negative.

(b) 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

(c) 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.

(d) CCA :

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