Dena Bank PO Pay Scale

Hello Boss I have cleared the Interview Exam of Dena Bank for the post of Probationary Officer (PO). Now I am going to join it next month. Would you tell me what is the Starting Salary of PO in this Bank? Provide me Pay Scale and other allowances of PO in Dena Bank.

I want to join banking line and for this decided to join Dena Bank for the post of PO searching for PO designation details. Will you tell what the Dena Bank PO Pay Scale also provide details about Perks and Emoluments after 1st Year so that I can decide to join bank or not?

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Dena Bank has released the notification for Postgraduate Diploma in Banking and Finance (PGDBF) in association with one of the leading Private Universities, Amity University (Noida Campus) for the Post of Probationary Officer JMGS-I.

Dena Bank PO Salary, Perks and Emoluments after 1st Year

The POs are absorbed in the scale of pay Rs. 23700-980 7/30560-1145x2/32850-1310x7/42020. Also, if you have opted for Education Loan, your EMI will also start deducting after 1 year at Noida.

POs are eligible for many allowances. 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.

At present, the DA is 46.90% and DA changes on a quarterly basis.

Dena Bank PO - Selection Process

There will an online test of 200 marks for 2 hours covering Reasoning, Quantitative Aptitude, General Awareness and English.

This will be followed by 50 marks descriptive test which will also be in an online mode where two questions will be asked.

The online test will have sectional and overall cutoff and the descriptive test will be evaluated only if a student clears the separate cutoffs.

1200 candidates (4 times the vacancy) will be called for Group Discussions and Personal Interviews which carry 100 marks in total (20+80).

The qualifying marks in Group Discussion & Interview will be as decided by the Bank.

The final merit list for selection will be on the basis of performance in Online Test (objective + descriptive), Group Discussion (GD) and Interview.